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Course Code: DIGTR 111
601 Course Visits
Innovation Portfolio Management
Course Sector:
Digital Transformation and Innovation
Course Dates and Locations
Choose a date and location to book your seat
No.
Date
Days
Location
Fees
Enrollment
01
5 Days
Dubai, UAE $4,250
02
5 Days
Dubai, UAE $4,250
Introduction
Training course introducion / brief
Facing increasingly dynamic and unpredictable environments, businesses are required to develop and manage multiple, concurrent innovation strategies, constantly adapt them to changing conditions and properly implement them throughout their organizations. Innovation portfolio management (IPM) can be the pivotal tool to translate strategic objectives and priorities into project-based innovation activities. Furthermore, it provides a framework to convert raw ideas into real investment opportunities.
Innovation implementation framework
This training course aims to equip participants with the skill to evaluate the best approach to implement innovation within an organization. This will involve defining and developing an innovation implementation framework that best fits with the organization's strategy and culture.
Course Objectives
At the end of the training course, participants will be able to
- Gain a comprehensive understanding of portfolio management and its importance.
- Identify approaches to designing innovation portfolio
- Learn the strategies and challenges in managing innovation portfolio.
- Know how to integrate strategy and execution via portfolio management
Course Audience
Who is this course for, and can benefit the most
- Business and technology leaders
- Business Unit Managers
- Business Development Consultants
- General Managers / Regional Managers
- Senior and mid-level leaders
- individual leaders of all levels in the organization
- Art Director
- Marketing Consultants
- Marketing Development Manager
Course Outline
The course aims and learning outcomes
Portfolio Management - Another Key Enabler of Strategy
- Why Do we Need Portfolio Management?
- Impact of Portfolio Management
- Maintaining portfolio alignment
- Allocating financial resources
- Allocating human resources
- Allocating material or equipment resources
- Measuring portfolio component performance
- Managing risks
- Role of Portfolio Management
Creating Innovation Portfolio
- Integrating strategy and execution via portfolio management
- Balancing short-term and long-term innovation
- Balancing variation and focus of innovation initiatives
Designing Innovation Portfolio
- Innovation Ambition Matrix model (classic model)
- Innovation life cycle portfolio model (Innovation Funnel)
- Impact-feasibility portfolio model
- Options portfolio model
Managing innovation portfolios (strategies, systems & challenges)
- Innovation portfolio management (the decision-making process)
- Strategies for Innovation Portfolios
- The tool helps for managing innovation projects
- Managing (and organizing) the Total Innovation System
- Challenges while selecting and managing innovation portfolios
- Case study: UNICEF’s Innovation Portfolio Management
Strategic Innovation Portfolio Management
- The direction of future innovations
- Project Portfolio management is a business process
- Evidence-based portfolio management
- Operational Portfolio Management
- How Accept Mission construct your Innovation Portfolio?
- Selection tool for smart decision making
Providers and Associations
Providing the best training services and benefits to our valued clients
Boost certificate of completion
BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.
ENDORSED EDUCATION PROVIDER
Flexible deadlines
Customized dates accordance to your schedule
Shareable Certificate
Earn certificate upon completion
COURSE METHODOLOGY
Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).
At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.
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