This dynamic course explores the strategies and practices for fostering innovation and managing corporate venturing within established organizations. Participants will learn how to create environments that encourage creative thinking while systematically managing the innovation pipeline from idea generation to commercialization. The curriculum covers innovation frameworks, venture capital principles applied to corporate settings, and methods for balancing risk with potential rewards. Through real-world examples and practical exercises, attendees will develop the skills needed to drive sustainable innovation and manage corporate startup investments effectively. This course emphasizes both the cultural and structural elements required for successful innovation management.
Driving Innovation and Corporate Venturing
Strategy and Strategic Planning
October 25, 2025
Introduction
Objectives
Upon completion of this course, participants will be able to:
- Understand different types and models of innovation
- Develop innovation strategies aligned with business objectives
- Create and manage effective innovation pipelines
- Apply venture capital principles to corporate venturing
- Design and implement innovation governance frameworks
- Measure and evaluate innovation performance
- Foster creative thinking and idea generation
- Manage risk in innovation portfolios
- Build cross-functional innovation teams
- Scale successful innovations across the organization
Target Audience
- Innovation Managers and Directors
- R&D Leaders and Managers
- Corporate Strategy Professionals
- Business Development Executives
- Product Development Managers
- Corporate Venture Capital Teams
- Senior Executives driving innovation
- Entrepreneurs in residence
Methodology
- Case studies of successful corporate innovation
- Innovation simulation exercises
- Design thinking workshops
- Group brainstorming sessions
- Venture evaluation exercises
- Role-playing stakeholder scenarios
- Innovation portfolio management simulations
Personal Impact
- Enhanced creative thinking and problem-solving skills
- Improved ability to manage uncertainty and ambiguity
- Stronger strategic decision-making capabilities
- Increased confidence in leading innovation initiatives
- Better understanding of venture evaluation and management
- Enhanced change leadership skills
Organizational Impact
- Increased innovation pipeline and success rate
- Enhanced competitive advantage through innovation
- Improved ability to identify and capture new growth opportunities
- Stronger culture of continuous improvement and innovation
- Better risk management in innovation investments
- Increased organizational agility and adaptability
Course Outline
Innovation Foundations and Strategy
Innovation Concepts- Types of innovation: incremental, disruptive, radical
- Innovation maturity models and assessment
- The role of innovation in competitive advantage
- Innovation strategy development
- Aligning innovation with business strategy
- Resource allocation for innovation
- Portfolio management of innovation initiatives
Idea Generation and Development
Creative Processes- Design thinking and human-centered design
- Idea generation techniques and brainstorming
- Trend spotting and opportunity identification
- Customer insight development for innovation
- Idea evaluation and selection criteria
- Concept development and testing
- Prototyping and rapid experimentation
Corporate Venturing Models
Venturing Approaches- Corporate venture capital (CVC) fundamentals
- Startup partnerships and collaborations
- Spin-offs and internal ventures
- Accelerators and incubators
- Due diligence for corporate investments
- Valuation methods for early-stage ventures
- Governance and oversight of ventures
Innovation Culture and Leadership
Cultural Enablers- Leading innovation teams effectively
- Change management for innovation adoption
- Stakeholder engagement and communication
Innovation Process and Governance
Process Design- Stage-gate and agile innovation processes
- Resource allocation and budgeting for innovation
- Intellectual property management
- Innovation metrics and KPIs
- Risk management in innovation portfolios
- Decision-making frameworks for innovation
Scaling and Implementation
Scaling Innovation- Moving from pilot to full implementation
- Business model innovation and adaptation
- Partnerships for scaling innovation
- Continuous innovation processes
- Organizational learning from innovation
- Innovation capability building
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