Overview
At London Strategy Centre (LSC) our approach to innovation includes creation of growth strategies, designing new products or services and looking into new business models that have the potential to change the game and generate significant new value. This programme aims to provide dynamic and experiential learning to enable executives to acquire and apply the knowledge, skills, understanding and behaviours required to promote innovation in their organisations.
This module will allow the participants to take a road less travelled, by challenging the executives to look beyond the established business boundaries and facilitate an open minded, creative exploration of new opportunities. This interaction offers an environment to allow the participants of the programme to breathe fresh air and explore realities outside the realm of mundane, incremental product extension exercises.
At the heart of this programme are approaches that facilitate creativity and brainstorming new ideas. These incorporate principles of design thinking and promote a design thinking mind-set, which is in contrast to an analytical mind-set. The difference between the two is that the former supports intuitive reasoning, while the later follows the linear principles of traditional data driven planning and attempts to extrapolate the past in its effort to predict the future.
This intervention is concerned with the critical role of innovation in achieving strategic objectives at your organisation. Given the situation with COVID, organisations need a clear strategy to be successful and innovation will always be a critical component in the delivery of a sustainable strategy. This module is about the development of new products and services to deliver value to the customer at the lowest cost. It is also concerned with the creation of new processes and business models that will allow the organisation to sustain performance through changing technologies and environments.
