Innovation Governance

1 day

Management of innovation projects

course code 2.4

What is the course for

#1

Effectively managing innovation projects

#2

Develop the ability to design the management system for the entire portfolio of innovation projects

#3

Monitor the effectiveness and return on investment in innovation to develop the ability to design a management system for individual projects

Innovation Governance refers to the system used to assess the efficiency and effectiveness of the innovation system adopted by the company.  It consists of two levels:

  • Single innovation project level:  this refers to how an individual innovation project is assessed and how its progress is managed.
  • The enterprise level:  this refers to the entire portfolio of innovation projects and how they contribute to achieving business results.

Goals

  • Supporting the optimisation of the innovation system by monitoring the correct metrics
  • Effectively managing innovation projects
  • Monitoring the effectiveness and return on investment in innovation to develop the ability to design a management system for individual projects
  • Develop the ability to design the management system for the entire portfolio of innovation projects

Addressed to

  • Entrepreneurs
  • CEO
  • General management, Business Unit managers
  • Sales management
  • Marketing management
  • Technical director, R&D manager

Contents

Managing a single project

  • Evaluating the potential of an innovation
  • Formalising the impact through the concept paper
  • Project Management of an Innovation Project
  • Managing execution through Project Review Systems

Managing a project portfolio

  • Strategy (PMC)/competitive advantage
  • Evaluation of the innovation process
  • Skills impact assessment
  • Managing Financial Key Indices

You will experience

  • How to correctly manage innovation projects with a high degree of uncertainty
  • How to manage a portfolio of innovation projects consistent with the company’s long-term strategy 
  • How to build an innovation management system at different levels
  • How to set up a metric system to effectively manage the entire innovation process 
  • How to create a business management template for the entire portfolio of corporate projects

Download the in-company training catalogue