Driving Strategic Innovation: Leading Complex Initiatives for Impact

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Course Dates

STARTS ON

April 18, 2024

Course Duration

DURATION

6 weeks, online
4–6 hours per week

Course Fee

PROGRAM FEE

US$2,600 US$2,496 and get US$260 off with a referral

Course Information Flexible payment available
Course Fee

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Application Details

program fee

US$2,600 US$2,496

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Overview

In today’s rapidly changing markets, key variables — from supply chain and technology to product development and strategic partnerships — add multiple layers of complexity to the already volatile landscape. This requires mature organizations to chart a path for the future by reconsidering the effects these variables can have on their organization while also assessing their capabilities for innovation and developing road maps for strategies that maintain their competitive edge. They must also recognize the importance of creating strategic alliances that can enhance their innovation efforts and overall success. This program is designed to help business leaders and executives learn to build such an innovative ecosystem, one that’s focused on the strategic objectives of their organization and leveraging technological partnerships. As a participant, you will learn best practices for managing both strategy and innovation through real-world examples drawn from organizations such as Tesla, Boeing, Walmart, and more.

84%

of executives believe their future success will be dependent on innovation.

SOURCE: Accenture

73%

of leaders who say they are committed to innovation can deliver the desired volume of new products or services while also doubling up their revenues — versus 48 percent of other organizations.

SOURCE: McKinsey

17%

of innovative organizations that invest in growth initiatives throughout the economic cycle generate nearly 17 percent higher total returns to shareholders.

SOURCE: McKinsey

Key Takeaways

Wharton’s Driving Strategic Innovation: Leading Complex Initiatives for Impact program is designed to prepare business leaders for creating and executing a well-developed innovation strategy that ensures their organization can meet the challenges of today and the future. Throughout the program, you will:

  • Discover strategies to drive innovation within your organization
  • Learn to balance exploration and exploitation as part of an organizational strategy
  • Evaluate commercializing technology innovation through partnerships
  • Gain an understanding of innovation ecosystems, and learn how to successfully manage them
  • Explore open-innovation models and applications
  • Examine large-scale innovation implementation and management within organizations

Program Experience

Discussion Boards

Discussion Boards

Capstone Project

Capstone Project

Assignments

Assignments

Presentations

Presentations

Personalized Program-Leader Feedback

Personalized Program-Leader Feedback

Knowledge Checks

Knowledge Checks

Try-It Activities

Try-It Activities

Cohort-Based Learning

Cohort-Based Learning

Live Faculty Sessions

Live Faculty Sessions

Live Office Hours

Live Office Hours

Who Is This Program For?

The program is designed for business leaders and professionals across industries seeking to:

  • Understand the commercialization of technology solutions
  • Learn how to drive successful strategic initiatives in their department or organization
  • Expand their knowledge of large-scale innovation and implementation and management
  • Learn about the ecosystem approach to innovation in business

Program Modules

Module 1:

Developing and Driving Strategy

Learn how to create, build, strengthen, and maintain your competitive advantage.

Module 2:

Balancing Exploitation and Exploration

Discover how your organization can evolve its capabilities to remain successful and relevant in a rapidly changing environment.

Module 3:

Partnering to Commercialize Technology

Learn how to discover and engage in technology partnerships that drive mutual value.

Module 4:

Successfully Managing Innovation Ecosystems

Explore the concept of innovation ecosystems, and learn how setting up the right network of partnerships contributes to innovation and success.

Module 5:

Open Innovation: How Organizations Source Ideas

Examine the successful open-innovation efforts of leading global organizations, and learn how they managed the process.

Module 6:

Organizational Innovation and Societal Influence

Learn how a large-scale initiative can have implications not only for your organization but also for partners and society.

Module 1:

Developing and Driving Strategy

Learn how to create, build, strengthen, and maintain your competitive advantage.

Module 4:

Successfully Managing Innovation Ecosystems

Explore the concept of innovation ecosystems, and learn how setting up the right network of partnerships contributes to innovation and success.

Module 2:

Balancing Exploitation and Exploration

Discover how your organization can evolve its capabilities to remain successful and relevant in a rapidly changing environment.

Module 5:

Open Innovation: How Organizations Source Ideas

Examine the successful open-innovation efforts of leading global organizations, and learn how they managed the process.

Module 3:

Partnering to Commercialize Technology

Learn how to discover and engage in technology partnerships that drive mutual value.

Module 6:

Organizational Innovation and Societal Influence

Learn how a large-scale initiative can have implications not only for your organization but also for partners and society.

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Case Studies

The content for each module will be fueled by industry case studies that connect the innovation strategy concepts to real-world examples from globally recognized organizations.

Image of an airplane flying to portray the boeing case study

Boeing and Tesla

Image of a supermarket to portray walmart case study

Walmart

Image of a syringe to portray pfizer case study

Pfizer and Warner–Lambert

Image of a kid playing with legos to portray lego case study

LEGO

Image of a hand holding an old phone to portray nokia case study

Nokia

Image of a hand holding a bottle to portray proctor and gamble case study

Proctor & Gamble, BP

Faculty

Profile image of the programme faculty, Harbir singh

Harbir Singh, PhD

Mack Professor; Professor of Management; Co-Director; Mack Institute for Innovation Management; Faculty Director; Huntsman Program

Harbir Singh is the Mack Professor of Management; co-director, Mack Institute for Innovation Management; and faculty director of the Huntsman Program for International Studies and Business at the Wharton School. Committed to global business research and education, he has served as vice dean for global initiatives at the Wharton School. He focuses on the development of world-class capabilities and of sustainable competitive advantage. His main interests in research and teaching lie in three areas: strategic leadership, growth and innovation via alliances and acquisitions, and the evolution of competitive strategy. More info

Certificate

Certificate

Upon successful completion of the Driving Strategic Innovation: Leading Complex Initiatives for Impact program, you will earn a digital certificate of completion from the Wharton School.

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Note: After successful completion of the online program, your verified digital certificate will be emailed to you in the name you used when registering for the program. All certificate images are for illustrative purposes only and may be subject to change at the discretion of the Wharton School.

This online certificate program does not grant academic credit or a degree from the Wharton School of the University of Pennsylvania.

FAQs

  • How do I know if this program is right for me?

    After reviewing the information on the program landing page, we recommend you submit the short form above to gain access to the program brochure, which includes more in-depth information. If you still have questions on whether this program is a good fit for you, please email learner.success@emeritus.org, and a dedicated program advisor will follow-up with you very shortly.


    Are there any prerequisites for this program?

    Some programs do have prerequisites, particularly the more technical ones. This information will be noted on the program landing page, as well as in the program brochure. If you are uncertain about program prerequisites and your capabilities, please email us at the ID mentioned above.


    Note that, unless otherwise stated on the program web page, all programs are taught in English and proficiency in English is required.


    What is the typical class profile?

    More than 50 percent of our participants are from outside the United States. Class profiles vary from one cohort to the next, but, generally, our online certificates draw a highly diverse audience in terms of professional experience, industry, and geography — leading to a very rich peer learning and networking experience.


    What other dates will this program be offered in the future?

    Check back to this program web page or email us to inquire if future program dates or the timeline for future offerings have been confirmed yet.

  • How much time is required each week?

    Each program includes an estimated learner effort per week. This is referenced at the top of the program landing page under the Duration section, as well as in the program brochure, which you can obtain by submitting the short form at the top of this web page.


    How will my time be spent?

    We have designed this program to fit into your current working life as efficiently as possible. Time will be spent among a variety of activities including:



    • Engaging with recorded video lectures from faculty
    • Attending webinars and office hours, as per the specific program schedule
    • Reading or engaging with examples of core topics
    • Completing knowledge checks/quizzes and required activities
    • Engaging in moderated discussion groups with your peers
    • Completing your final project, if required

    The program is designed to be highly interactive while also allowing time for self-reflection and to demonstrate an understanding of the core topics through various active learning exercises. Please email us if you need further clarification on program activities.


    What is it like to learn online with the learning collaborator, Emeritus?

    More than 300,000 learners across 200 countries have chosen to advance their skills with Emeritus and its educational learning partners. In fact, 90 percent of the respondents of a recent survey across all our programs said that their learning outcomes were met or exceeded.

    All the contents of the course would be made available to students at the commencement of the course. However, to ensure the program delivers the desired learning outcomes the students may appoint Emeritus to manage the delivery of the program in a cohort-based manner the cost of which is already included in the overall course fee of the course.

    A dedicated program support team is available 24/5 (Monday to Friday) to answer questions about the learning platform, technical issues, or anything else that may affect your learning experience.


    How do I interact with other program participants?

    Peer learning adds substantially to the overall learning experience and is an important part of the program. You can connect and communicate with other participants through our learning platform.

  • What are the requirements to earn the certificate?

    Each program includes an estimated learner effort per week, so you can gauge what will be required before you enroll. This is referenced at the top of the program landing page under the Duration section, as well as in the program brochure, which you can obtain by submitting the short form at the top of this web page. All programs are designed to fit into your working life.

    This program is scored as a pass or no-pass; participants must complete the required activities to pass and obtain the certificate of completion. Some programs include a final project submission or other assignments to obtain passing status. This information will be noted in the program brochure. Please email us if you need further clarification on any specific program requirements.


    What type of certificate will I receive?

    Upon successful completion of the program, you will receive a smart digital certificate. The smart digital certificate can be shared with friends, family, schools, or potential employers. You can use it on your cover letter, resume, and/or display it on your LinkedIn profile.
    The digital certificate will be sent approximately two weeks after the program, once grading is complete.


    Can I get the hard copy of the certificate?

    No, only verified digital certificates will be issued upon successful completion. This allows you to share your credentials on social platforms such as LinkedIn, Facebook, and Twitter.


    Do I receive alumni status after completing this program?

    No, there is no alumni status granted for this program. In some cases, there are credits that count toward a higher level of certification. This information will be clearly noted in the program brochure.


    How long will I have access to the learning materials?

    You will have access to the online learning platform and all the videos and program materials for 12 months following the program start date. Access to the learning platform is restricted to registered participants per the terms of agreement.

  • What equipment or technical requirements are there for this program?

    Participants will need the latest version of their preferred browser to access the learning platform. In addition, Microsoft Office and a PDF viewer are required to access documents, spreadsheets, presentations, PDF files, and transcripts.


    Do I need to be online to access the program content?

    Yes, the learning platform is accessed via the internet, and video content is not available for download. However, you can download files of video transcripts, assignment templates, readings, etc. For maximum flexibility, you can access program content from a desktop, laptop, tablet, or mobile device.

    Video lectures must be streamed via the internet, and any livestream webinars and office hours will require an internet connection. However, these sessions are always recorded, so you may view them later.

  • Can I still register if the registration deadline has passed?

    Yes, you can register up until seven days past the published start date of the program without missing any of the core program material or learnings.


    What is the program fee, and what forms of payment do you accept?

    The program fee is noted at the top of this program web page and usually referenced in the program brochure as well.

    • Flexible payment options are available (see details below as well as at the top of this program web page next to FEE).
    • Tuition assistance is available for participants who qualify. Please email learner.success@emeritus.org.

    What if I don’t have a credit card? Is there another method of payment accepted?

    Yes, you can do the bank remittance in the program currency via wire transfer or debit card. Please contact your program advisor, or email us for details.


    I was not able to use the discount code provided. Can you help?

    Yes! Please email us with the details of the program you are interested in, and we will assist you.


    How can I obtain an invoice for payment?

    Please email us your invoicing requirements and the specific program you’re interested in enrolling in.


    Is there an option to make flexible payments for this program?

    Yes, the flexible payment option allows a participant to pay the program fee in installments. This option is made available on the payment page and should be selected before submitting the payment.


    How can I obtain a W9 form?

    Please connect with us via email for assistance.


    Who will be collecting the payment for the program?

    Emeritus collects all program payments, provides learner enrollment and program support, and manages learning platform services.

  • What is the program refund and deferral policy?

    For the program refund and deferral policy, please click the link here.

Didn't find what you were looking for? Write to us at learner.success@emeritus.org or Schedule a call with one of our Academic Advisors or call us at +1 680 205 5118 (US) / +44 185 845 9995 (UK) / +65 3135 1422 (SG)

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