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Course Overview
Domain
Business, Communication and Design
Format
Short Course
Duration
6 days
Fee Subsidy
Up to 90% SF Funding
In this intensive six-day sprint, the Innovation Leadership Programme (ILP) empowers participants to ignite a change mindset and drive innovation through hands-on execution, collaboration, and leveraging industry-leading resources. Designed for business leaders, this programme equips you with the critical skills, frameworks, and insights needed to lead innovation in your organisation, improving products, processes, and overall performance.
What You Will Learn
Interactive and structured workshops covering the following topics:
- Introduction to Open Innovation
- Business Model Innovation
- Innovative Mindset
- Art of Change Management
- Social Network and Capital
- Networking with Open Innovation Ecosystem Stakeholders
What You Will Achieve
1. A Change Mindset Toward Innovation
- Cultivate a culture of continuous improvement and innovation within your organisation by shifting your approach to problem-solving and creativity. Learn how to lead teams through transformation and inspire a forward-thinking, agile environment.
2. Learn from Real-World Open Innovation Examples
- Dive deep into successful open innovation case studies from industry leaders. Gain insights into best practices and practical strategies that have driven tangible results and learn how to apply them to your own organisation’s context.
3. Tap into Industry Expertise and Ecosystem Resources
- Access exclusive support and resources from a wide range of ecosystem partners including SIT, Centres of Innovation (COIs) at polytechnics, A*Star Research Labs, Government Agencies (e.g., ESG, IMDA), and Trade Associations. These partnerships will provide valuable insights, mentorship, and access to cutting-edge technologies to help you succeed in your innovation efforts.
Teaching Team
Lim Chon Phung
Adjunct Associate Professor, Business, Communication and Design, Singapore Institute of Technology
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Yong Hsin Ning
Adjunct Associate Professor, Business, Communication and Design, Singapore Institute of Technology
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Course Structure
Course Run | Dates | Time |
---|---|---|
February – April 2025 Run | 19 Feb – 3 Apr 2025 | 9:00 am – 6:00 pm |
Day 1
Day 1: Accelerating Open Innovation Adoption
Understand innovation challenges, explore Open Innovation (OI), and learn how SMEs can leverage it effectively.
Key Topics:
- Challenges in Innovation for SMEs
Discuss the barriers faced by SMEs and share your organisation's challenges. - What is Open Innovation?
Learn what OI is and why it’s crucial for SMEs today. - Practical Applications:
Discover where SMEs can adopt OI, with examples from KoolLogix and Nipo. - Balancing Innovation Approaches
Understand the balance between exploiting existing strengths and exploring new opportunities. - Case Studies: Neeuro
Learn how Neeuro successfully applied both approaches to innovate.
Day 2
Day 2: Business Model Innovation and Business Model Shift
Learn how to innovate your business model, adapt to industry shifts, and future-proof your SME through practical tools and real-world examples.
Key Topics:
- Business Model Overview
Learn the fundamentals of business models and why they are crucial for innovation. - Case Study: Lau Hung Jia Chicken Rice
Analyse how a traditional business adopted a new business model to drive innovation. - Develop Your Business Model
Hands-on activity to create or refine your own business model to stay competitive. - Business Model Shift
Understand the key drivers behind major industry shifts and their impact on businesses. - Applying Shifts to Your Business
Learn how to identify and apply shifts in your own business context for greater innovation.
Day 3
Day 3: Developing an Innovative Mindset
Overcome barriers to innovation through fostering a proactive mindset.
Key Topics:
- Barriers to Innovation
Identify the mental, emotional and organisational barriers faced by SMEs. - Proactive Behaviour Framework
Learn how the framework fosters an innovative mindset for you and your employees. - Integration with Innovation
Learn how to use the framework to create sustainable change for your business. - Practical Application
Apply the framework to solve challenges and drive innovation in your SME. - Peer Sharing
Share insights and learn from others through group activities.
Day 4
Day 4: Change Management
Master the fundamentals of change management and apply these insights to drive transformation.
Key Topics:
- Foundational Concepts
Learn the basics of change management and its role in successful innovation. - Revisiting Barriers
Explore how mindset and organisational barriers affect change efforts. - Change Management Frameworks
Understand the key principles to guide your change process. - SME Case Studies
Learn from SMEs that have successfully implemented change management to drive transformation. - Practical Application
Use the change management frameworks to tackle challenges and transform your business.
Day 5
Day 5: Social Capital and the Open Innovation Sandbox
Leverage social capital and ecosystem partnerships to drive innovation and access valuable resources.
Key Topics:
- Social Capital and Its Role in Innovation
Learn about the concept of social capital and its importance in driving innovation. - The "What" and "Why" of Social Capital
Understand how building strong networks can provide the resources needed for successful innovation. - How to Expand Your Social Capital
Strategies for building and leveraging your professional network for innovation success. - Dialog with Ecosystem Partners
Engage in discussions with external partners (such as SIT, Centres of Innovation, A*Star, and government agencies) to understand how to tap into valuable ecosystem resources.
Day 6
Day 6: Project Presentation and Discussion
Showcase your innovation projects and refine your approach based on feedback.
Key Topics:
- Project Presentations
Participants will present their innovation projects, applying the concepts learned throughout the programme. - Group Feedback and Discussion
Receive valuable feedback from peers and instructors to refine your approach to innovation and leadership. - Closing Remarks and Next Steps
Reflect on the learning journey, set goals for applying the course insights in your organisation, and discuss opportunities for ongoing collaboration.
Who Will Benefit
- SME Business Leaders and Executives: Gain the strategic vision and leadership tools necessary to lead innovation initiatives and improve organisational performance.
- Innovation Managers and Entrepreneurs: Master the skills to identify, execute, and scale innovation efforts that align with market needs and customer demands.
- Mid-Level Managers Aspiring to Lead Innovation: Build your capability to oversee innovation projects that drive business growth and operational efficiency.
Certificate and Assessment
A Certificate of Participation will be issued to participants who:
- Attend at least 75% of the course
- Undertake and pass non-credit bearing assessment during the course
Fee Structure
The full fee for this course is S$5,450.00.
Category | After SF Funding |
---|---|
Singapore Citizen (Below 40) | S$1,635.00 |
Singapore Citizen (40 & Above) | S$635.00 |
Singapore PR / LTVP+ Holder | S$1,635.00 |
Non-Singapore Citizen | S$5,450.00 (No Funding) |
Note: All fees above include GST. GST applies to individuals and Singapore-registered companies.
How ILP Benefits You and Your Business
Learn successful open innovation models
Explore how you can break through perceived and potential resource constraints.
Receive expert guidance and evaluation
Acquire structured support from SIT's innovation experts to stay focused on the innovation pathway.
Access an extensive network of resources
Engage with fellow SME leaders and industry partners who can assist you in overcoming these perceived and potential constraints.
Enjoy SkillsFuture Funding
Leverage subsidies of up to 90% to enhance your business innovation skills and implement solutions that will help grow and scale your business.
Course Runs
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