Leading Innovation with Vijay Govindarajan

Offered By: Dartmouth College via edX

Course Description

Overview

Vijay Govindarajan, known as VG, is a New York Times and Wall Street Journal Best Selling author, Coxe Distinguished Professor at Dartmouth's Tuck School of Business, two-time winner of the prestigious McKinsey Award for the Best Article published in Harvard Business Review, and one of the world’s leading experts on strategy and innovation.

VG brings his expert knowledge to this Professional Certificate program, which will introduce you to the Three Box framework, which has the potential to transform the future of any organization that embraces it – whether it’s a large enterprise, a mid-size business, a start up, or a nonprofit organization.

The Three Box framework is a simple and proven method that allows organizations to successfully allocate an organization’s energy, time and resources across three boxes: Box 1 Manage the present: Managing the core business at peak efficiency Box 2 Selectively forget the past: Abandon ideas, practices, and attitudes that could inhibit innovation Box 3 Create the future: Develop and convert breakthrough ideas into new products and businesses

The Three Box framework makes leading innovation within your organization easier. VG has worked with CEOs and top management teams in more than 25% of the Fortune 500 firms, including Boeing, Coca-Cola, FedEx, General Electric, IBM, J.P. Morgan Chase, Johnson & Johnson, The New York Times, Procter & Gamble, Sony, and Wal-Mart, to discuss, challenge, and escalate their thinking about strategy and innovation. VG’s extensive research and consulting has resulted in the Best Seller The Three Box Solution: A Strategy for Leading Innovation, on which the two courses are based.

The content of these courses is relevant for a large corporation, a mid-size business, a startup or a nonprofit organization. Because innovation is a team sport, the Professional Certificate program is useful for individuals who intend to advance careers in R&D, Engineering, Manufacturing, Marketing, Sales, Service, Human Resources, Accounting, and Finance.

This is your opportunity to learn from the best and prepare your organization for success in the future.

Syllabus

Courses under this program:
Course 1: Developing Breakthrough Innovations with the Three Box Solution

An introduction tostrategy and innovation expertVijay Govindarajan's Three Box framework that has the potential to transform any organization that embraces it.

Course 2: Executing Breakthrough Innovations with the Three Box Solution

Learn how to execute the Three Box framework to help transform your organization and prepare for the future.

Courses

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4 weeks, 3-5 hours a week, 3-5 hours a week
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Companies today are constantlyhaving to adapt and redefinetheir strategies due to the impact of technology and globalization.To be a leader in the future means you need to be able to change, adapt, and innovate.

In this course, part of the Leading Innovation Professional Certificate program, you will learn from the leading expert on strategy and innovation, Vijay Govindarajan (VG), about the Three Box framework, defined below:

Box 1 Manage the present: Managing the core business at peak efficiency
Box 2 Selectively forget the past: Abandon ideas, practices, and attitudes that could inhibit innovation
Box 3 Create the future: Develop and convert breakthrough ideas into new products and businesses

The Three Box framework is a method and toolkit designed to help organizations appropriately allocate their time and resources to implement transformational business models. This course will teach you how to accelerate the success of innovations in your own company.

The course is organized into four modules, where eachconcept istaughtusing a series of videosand illustrative examples to help deepen your understanding.

The course is based onThe Three Box Solution: A Strategy for Leading Innovation book. The content of this course is relevant for a large corporation, a mid-size business, a startup or a nonprofit organization. Because innovation is a team sport, the course is useful for individuals who intend to advance careers in R&D, Engineering, Manufacturing, Marketing, Sales, Service, Human Resources, Accounting, and Finance.
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3 weeks, 3-5 hours a week, 3-5 hours a week
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When companies launch Box 3 innovation initiatives, they typically allot most of their time and energy to the thrilling hunt for the breakthrough idea. That much-ballyhooed burst of inspiration is merely a starting point. The real innovation challenge lies beyond the idea. It lies in a long, hard journey—from imagination to impact.

In this course, part of the Leading Innovation Professional Certificate program, Vijay Govindarajan (VG) reveals how to execute a Box 3 innovation initiative. The crux of the challenge is that business organizations are not designed for innovation; they are designed for ongoing operations. And there are deep and fundamental conflicts between the two.

This course is based on the frameworks and ideas from The Three Box Solution: A Strategy for Leading Innovation book. Using three modules, VG shows you how to:
- Build the right team for your innovation initiative: Determine who will be on the team, how it will be structured, and how it can partner with ongoing operations. Anticipate and prevent conflicts.
- Run a disciplined experiment: Test assumptions, translate results into new knowledge, and measure progress.
The content of this course is relevant for a large corporation, a mid-size business, a startup or a nonprofit organization. Because innovation is a team sport, the course is useful for individuals who intend to advance careers in R&D, Engineering, Manufacturing, Marketing, Sales, Service, Human Resources, Accounting, and Finance.

Taught by

Vijay Govindarajan