Managing Innovation

Online course in Innovation Management will teach you how to transform ideas or products, adapting and producing goods or services that are better and more successful.

Course CodeBBS209
Fee CodeS2
Duration (approx)100 hours
QualificationStatement of Attainment

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Develop new innovative products and services enhance your business.

Innovation takes existing ideas, goods or services and makes them better.

Managing innovation is the difference between having potential and seeing that potential actually come to life and learning to make the most from your ideas and products.

Who Developed this Course

  • Business Managers
  • Scientists
  • Education Professionals
  • ....all working together

This course is unique, conceived and developed by a ACS staff from both the UK and Australia, that includes science, business and education professionals. Eight different professional innovators have collaborated to blend their experience of more than 150 years working across many industries to create the original course.  

What You Learn

Learn the basics, how to manage risks, process mapping, designing a prototype and rolling out,  implementing your final product or service and lots more.

Lesson Structure

There are 9 lessons in this course:

  1. Scope and Nature of Innovation
    • Innovation VS Improvement
    • Why Innovate?
    • Types of Innovation
    • Adoption of Innovations
    • Developing Innovative Products or Services
    • Models of Innovation
  2. Creative Thinking
    • Creativity and Innovation
    • What is Creative Thinking
    • What Make Employees Creative
    • Ways to Improve Creativity
    • Creative Thinking VS Critical Thinking
  3. Design Thinking
    • Design Thinking and Innovation
    • Design Thinking Process
    • Association with Innovation
    • Applications of Design Thinking
  4. The Process
    • Innovation Process
    • Continuing Innovation
    • Case Study
  5. Managing Risk and Problems
    • Managing Risk
    • Risks Associated with Innovation
    • Scaling Innovation
    • Enhancing Employee Innovation
    • Innovative Identification of Risks and Risk Management
  6. Types of Innovation
    • Innovation Types
    • Innovation Matrix
    • The Innovation Lifecycle
  7. Prototyping
    • Why Prototype?
    • Product Failures
    • Types of Prototyping
  8. Journey Mapping
    • How to Write a Journey Map
  9. Implementation
    • Pilot Testing
    • Planning
    • KPIs and Tracking
    • Roll Out, Bringing to Market
    • Benefit Realisation

Each lesson culminates in an assignment which is submitted to the school, marked by the school's tutors and returned to you with any relevant suggestions, comments, and if necessary, extra reading.


  • Explain what innovation is, types of innovation, and how it may be used.
    • Define creative thinking and explain its association with innovation.
    • Explain design thinking and its association with innovation.
    • Describe innovation as a process and its application to organisations.
    • Identify risk management strategies required when formulating new innovative products or services.
    • Explain different types of innovation.
    • Explain the purpose of journey maps as a tool in understanding consumer behaviour.
    • To explain how innovations are implemented.

Innovative products or services will have characteristics or features that differentiate them from the competition in positive ways.

Innovation is key to businesses and organisation, and it is not without its challenges. Many people confuse innovation with invention, others might confuse it with improvement. Innovation is key to businesses and organisation, and it is not without its challenges.


This Course Builds your potential to:

  • Be more creative
  • Use skills and techniques to be more innovative.
  • Be more effective as a manager
  • Be more productive in whatever you do

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