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Crafting Strategies for Innovation Initiatives for Corporate Entrepreneurs

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Crafting Strategies for Innovation Initiatives for Corporate Entrepreneurs

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Gain insight into a topic and learn the fundamentals.
4.2

30 reviews

Beginner level
No prior experience required
1 week to complete
at 10 hours a week

Gain insight into a topic and learn the fundamentals.
4.2

30 reviews

Beginner level
No prior experience required
1 week to complete
at 10 hours a week

Build your subject-matter expertise

This course is part of the Corporate Entrepreneurship: Innovating within Corporations Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate

There are 4 modules in this course

This course focuses on enhancing your understanding of (1) how an internal venture is organized and (2) how to overcome resistance to your new venture ideas within the company. The course is specifically valuable for:

β€’ Employees who have creative ideas important to their company; β€’ Managers seeking to assemble creative people and resources; β€’ Technical specialists desiring to become part of an internal venture; and β€’ Consultants who advise companies on ways to launch and grow internal ventures. You will learn strategies to help you launch a corporate venture with coursework focused on four key areas: β€’ Examining how to audit a company's internal environment to establish a framework for its innovation capabilities; β€’ Creating a plan for an organizational structure and operational format that incorporates key roles and players for internal ventures within the company; β€’ Analyzing corporate culture to identify creative capabilities that leverage the company's best practices for innovation; β€’ Evaluating innovation portfolios and compose innovation strategies that are best aligned with the implementation potential within the company. Try this course for FREE at https://www.coursera.org/learn/corporate-entrepreneurs-innovation-strategy

In this module, we will examine how to audit a company's internal environment to establish a framework for its innovation capabilities.

What's included

8 videos6 readings1 peer review

8 videosβ€’Total 65 minutes
  • Preview of the Courseβ€’5 minutes
  • Welcome to week oneβ€’2 minutes
  • What are some basic types of innovations?β€’9 minutes
  • How can an audit reveal innovation competence and weakness?β€’10 minutes
  • How many ways can companies innovate?β€’11 minutes
  • How does innovation occur at different business levels?β€’7 minutes
  • How does technology uncertainty influence an innovation in the marketplace?β€’10 minutes
  • What are key "associating" skills of innovators?β€’11 minutes
6 readingsβ€’Total 41 minutes
  • Welcome to Crafting Strategies for Innovation Initiatives for Corporate Entrepreneursβ€’3 minutes
  • Meet Dr. Thomas J. Mierzwaβ€’3 minutes
  • Connect with your Classmatesβ€’10 minutes
  • Our Recommended Textbook for the Courseβ€’10 minutes
  • How P&G Tripled Its Innovation Success Rate (Optional)β€’10 minutes
  • Accelerate Your Career with the #1 Online Master’s Degree for Startup Entrepreneurs and Corporate Innovatorsβ€’5 minutes
1 peer reviewβ€’Total 120 minutes
  • Internal Venture Opportunity Searchβ€’120 minutes

In this module, we will create a plan for an organizational structure and operational format that incorporates key roles and players for internal ventures within the company.

What's included

8 videos1 peer review

8 videosβ€’Total 73 minutes
  • Welcome to week twoβ€’3 minutes
  • How do you evaluate a winning innovation idea when you see one?β€’12 minutes
  • Who are innovation's creative role players?β€’8 minutes
  • Who are innovation's implementation role players?β€’10 minutes
  • How do manager, entrepreneur, and innovator roles differ?β€’13 minutes
  • How can innovation be framed as a process?β€’7 minutes
  • Do different organizational forms matter for innovation initiatives?β€’7 minutes
  • What organizational forms do innovation venture units take?β€’13 minutes
1 peer reviewβ€’Total 120 minutes
  • Assembling the Parts of an Internal Venture Teamβ€’120 minutes

In this module, we will analyze corporate culture to identify creative capabilities that leverage the company's best practices for innovation.

What's included

7 videos1 peer review

7 videosβ€’Total 55 minutes
  • Welcome to week threeβ€’2 minutes
  • How does corporate culture influence innovation and creativity?β€’12 minutes
  • How can knowledge management enable innovation?β€’6 minutes
  • What factors influence the feasibility of an innovation?β€’9 minutes
  • How is innovation value classified within a firm?β€’8 minutes
  • How can benchmarking become an innovation practice?β€’10 minutes
  • How do innovation tournaments serve as a best practice?β€’8 minutes
1 peer reviewβ€’Total 120 minutes
  • Internal Venture Feasibility Testβ€’120 minutes

In this module, we will evaluate innovation portfolios and compose innovation strategies that are best aligned with the implementation potential within the company.

What's included

8 videos2 readings1 peer review

8 videosβ€’Total 86 minutes
  • Welcome to week fourβ€’2 minutes
  • How do innovation managers survive an innovation project?β€’10 minutes
  • What's inside an innovation portfolio?β€’9 minutes
  • How do disruptive innovations change the marketplace?β€’11 minutes
  • How are innovations revealed in a blue ocean strategy?β€’11 minutes
  • How can lead users contribute to an innovation strategy?β€’9 minutes
  • How can open innovation become an entrepreneurial strategy?β€’12 minutes
  • Summary of key conceptsβ€’22 minutes
2 readingsβ€’Total 15 minutes
  • Creating Breakthroughs at 3M (Optional)β€’10 minutes
  • Accelerate Your Career with the #1 Online Master’s Degree for Startup Entrepreneurs and Corporate Innovatorsβ€’5 minutes
1 peer reviewβ€’Total 120 minutes
  • Roadmap for Launching an Internal Corporate Ventureβ€’120 minutes

Earn a career certificate

Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.

Instructor

University of Maryland, College Park
2 Coursesβ€’47,631 learners

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JM
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Reviewed on Jun 7, 2018

open my mind for new business ideas and also to motivate others/

Frequently asked questions

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