The ultimate goal of innovation is to transform creative ideas into sustainably profitable business models.

The challenge most companies face is that they have to create great new products while running their core business. In addition to this, they use the same tools that they use to run their core business to manage innovation (e.g. business plans and annual budgeting).

These tools may work well for managing core products with known business models, customers and revenues. However, such tools focus more on execution and, therefore, do not work well for managing innovators while they search for the right business model.

If you are working in, or leading, an innovation team, innovation is not just a creative process. It is most and foremost a management challenge.

You’ll likely have questions like

  • If I can’t use a business plan, how do I make decisions on innovation projects?
  • Without using financial numbers, how do I know whether our team is making progress?
  • During an innovation project, what questions do we need to ask ourselves, and when?

This Masterclass will help you make investment decisions, track innovation progress, and find the right tools for innovation accounting.

Your Expert: Tendayi Viki

Dr. Tendayi Viki is the founder and managing partner at Benneli Jacobs, a UK-based strategy and innovation consultancy firm that helps established companies develop internal ecosystems so they can innovate like startups. He holds a PhD in Psychology and an MBA; and is author of “The Corporate Startup” and “The Lean Product Lifecycle.” Tendayi was most recently nominated for a Thinkers50 award for innovation and has been listed among Thinkers50’s top 30 emerging management thinkers in the work.

He has worked as a consultant for several companies including Pearson, Unilever, Lufthansa-Airplus, Standard Bank, Egmont, The British Museum, The World Bank, General Electric, and Whirlpool. He is also a contributor at Forbes Magazine. He co-designed the Lean Product Lifecycle for Pearson, which won an award as the Best Innovation Program 2015 at the Corporate Entrepreneurship Awards in New York.

What You'll Learn

The key question we’ll be addressing during this 1-day Masterclass is how you can manage and lead innovation effectively.

It’s going to be a highly interactive session, packed with activities and case studies. Be prepared for a fun day of laughter and fast paced learning.

The workshop covers the following topics, ranging from how innovation teams work to how executives can work with their teams to develop a robust innovation strategy:

  • Lean Innovation – This is a brief introduction to the lean innovation process. How do innovators design business models, identify and test assumptions? How do they pivot and iterate their way to success?
  • Innovation Strategy – Innovation strategy is both deliberate and emergent. How do we develop our innovation thesis? What are the key trends in our industry? How do we use innovation to respond to these trends? How do we work to ensure that our company has a balanced portfolio of products and services?
  • The Innovation Framework – In order to manage innovation, we need to understand the innovation lifecycle. What are the key ingredients for creating ideas, testing ideas and scaling ideas? What is problem-solution fit?
  • Investment Decisions – Using the innovation lifecycle, how do we make investment decisions in new products and services? How do we track progress and measure success? What are the right questions for each stage of the innovation journey?
  • Start Tomorrow – The world is changing fast and you can’t afford to wait. What key steps can you start taking when you get back to work?

As a result of participating, you will know how to:

  1. Benchmark any innovation project to find out how much a team has accomplished
  2. Make investment decisions based on the right innovation criteria
  3. Lead innovation teams by asking the right questions at the right time
  4. Track innovation progress and help your teams make decisions about what to do next
  5. Use the lean innovation toolbox for innovation accounting

Because of the intimate nature of this Masterclass, there are limited seats available.

*** Only 1 seat left… Register today at € 1,250 € 1,100

Register today via the button below.

What Others Say

“Tendayi’s work on The Corporate Startup has made him a rising star and thought leader in the corporate innovation space. His concepts and principles are helping large companies figure out how to innovate for the future while managing their current core business.”

– Alex Osterwalder

“I’ve taught alongside Tendayi on several occasions and it’s always been both a pleasure for me and a top-tier experience for the participants. He brings great charisma and cheerful candour paired up with real expertise and insight into putting Lean Startup to work for companies both small.”

– Rob Fitzpatrick

“I’ve had the pleasure of listening and learning from Dr. Viki on several occasions. His grasp of evidence-based product development processes and ability to communicate them along with other lean and agile ideas are second to none.”

Jeff Gothelf

“Tendayi’s a rare combination of experienced founder and social scientist. When it comes to “scientific” entrepreneurship, he’s my go-to advisor for filtering out truly scientific approaches from the hype. And he’s an amazing teacher to see in action — gets everyone smiling!”

– Salim Virani

Leading Innovation:Right Questions, Right Time

Learn how to track progress on innovation projects.

Masterclass with Tendayi Viki – Author of the award-winning and best-selling book The Corporate Startup

London, 6 February 2019, 9:00 – 17:00
Barclays Eagle Lab Notting Hill Gate
1st Floor, 81 Palace Gardens Terrace, Notting Hill, W8 4AT

*** Only 1 seat left… Register today at € 1,250 € 1,100

Register today via the button below.