About this course

Outlines:

• Identify innovation opportunity spaces – These are points at which targeted action or innovation could alter stakeholder dynamics, positively impact the environmental or societal issues, reduce the vulnerabilities of the business model, or even create new business value opportunities
• Business-model innovations – These change the economics of the value chain, diversify profit streams, and/or modify delivery
• Developing effective strategies – Certain strategies and skills are useful across a range of projects and at all levels of an organization
• Facilitates problem-solving
• Helps businesses stand out from the crowd

Benefits:

• Innovation in business has many benefits. Some of the benefits include improved productivity, reduced costs, increased competitiveness, and economic growth1. Innovation also facilitates problem-solving, helps businesses stand out from the crowd, and adapt to the market.
• Innovation presents new ideas to business leaders to increase efficiency with minimum resources. Furthermore, reducing business and other risks. It brings uniqueness and novelty to business processes
• Helps businesses stand out from the crowd
• Adapt to the market
• Increase in productivity of individuals, processes, and business models