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Bottom Line Innovation

  • Course Code GBLIE100
  • Duration 3 days

Public Classroom Price

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Course Delivery

This course is available in the following formats:

  • Company Event

    Event at company

  • Public Classroom

    Traditional Classroom Learning

  • Virtual Learning

    Learning that is virtual

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Course Overview

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  • Innovation is the one key business competency that can quickly separate the winners from the rest in this fast-paced competitive environment. The sustaining value for more and more organizations is a prime focus on their intellectual capital as creators of innovation. This is becoming an organization's most important and valuable asset.
  • "Value innovation is not defined as outpacing the competition; it is end-running the competition by creating new value propositions and thus having no competition for an initial period." (World Economic Forum)
  • The Bottom Line Innovation program provides a proven process for the discovery of dozens of new, unexpected, and useful ideas targeted at important organization.

Benefits for the Individual

  • Expanded thinking abilities beyond limited, traditional approaches
  • A clear focus and approach for tackling business issues in innovative ways
  • Generation of many more ideas and better scrutiny of selected ideas
  • A more results-oriented method for selling ideas internally
  • Understanding of and ability to immediately apply pattern-breaking techniques which increase the capability to generate innovative ideas

Benefits for the Organization

  • A systematic process for innovation to address business needs and issues
  • Translates vision, mission, and organizational imperatives into an actionable process
  • A means for building and leveraging your organization's intellectual capital
  • A process for making innovation repeatable and sustainable
  • Improves the quantity and quality of innovative ideas

Course Schedule

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Target Audience

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Team members, intact teams, and others who need to develop new, unexpected, and useful ideas to address business issues, challenges, opportunities, and problems

Course Objectives

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What You'll Learn

  • Employ eight different strategies to establish the right environment for innovation
  • Focus on key challenges and formulate a powerful challenge statement to focus your efforts
  • Use the Bottom Line Innovation process map to guide the creation and implementation of innovative ideas and solutions
  • Identify the ideal future and develop opportunity statements to shape and open possibilities
  • Brainstorm individually and collectively to begin idea generation
  • Go beyond brainstorming by using five pattern-breaking techniques to generate hundreds of new ideas
  • Pool ideas and select key ones using consistent evaluation criteria
  • Assess the relative risks and benefits of each idea to determine feasibility and establish priorities
  • Build action plans and gain commitment from the implementation team
  • Obtain support from others for your ideas and implementation plans

Course Prerequisites

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  • There are no prerequisites for this course

Follow on Courses

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  • There are no follow-ons for this course