Course Overview
In today's rapidly evolving business landscape, innovation stands as a critical cornerstone for success, particularly for SMEs in Singapore. Research and market trends suggest that there is an innovation gap among SMEs in Singapore, largely due to their risk aversion and perception of resource scarcity.
This gap not only restricts the growth potential of these businesses but also affects the wider economic vibrancy of Singapore. This course aims to directly address the unique challenges faced by these enterprises and is designed to transform traditional mindsets. This will encourage SME owners to embrace new ideas, resilience, and adaptability.
These skills are vital in navigating an increasingly volatile and complex business environment. Through a combination of theoretical insights and practical applications, learners will learn to approach problem-solving and decision-making in novel ways. This shift in perspective is critical to driving business growth and adapting to market changes. The course emphasises practical elements with a strong focus on real-world application, ensuring that learners can immediately apply the lessons learned to their businesses.
The benefits of this course extend beyond immediate business advantages. For SME owners, cultivating an innovative mindset is a crucial component of personal career advancement and leadership development. In an era defined by rapid technological change and market disruptions, the ability to think creatively and innovatively is invaluable.
This course offers SME owners a dual opportunity – to invigorate their businesses with fresh, innovative strategies and to grow personally as dynamic, forward-thinking leaders ready to take on the challenges of the modern business world.
Who Should Attend
-
SME business owners and senior management across all industries
What You Will Learn
Elements of the Proactive Behaviour Framework
- Understand the typical mindset barriers that hinder innovation
- Learn how the Proactive Behaviour Framework cultivates a mindset that will drive successful innovation
- Comprehend the elements within the framework – self-
- Learn how these elements are integrated within the innovation process – goal setting, information gathering, implementation, and feedback seeking
Understand How the Framework Can Be Applied
- Illustrate the application of the framework using real-life SME case studies
- Enable internalisation of the concept through discussions and activities around these case studies
Understand How the Framework Can Be Applied to Learners’ Own Businesses
- Practice applying the concept through peer-to-peer sharing and group-based discussions
Teaching Team
Lim Chon Phung
Adjunct Associate Professor, Business, Communication and Design, Singapore Institute of Technology
Yong Hsin Ning
Adjunct Associate Professor, Business, Communication and Design, Singapore Institute of Technology
Schedule
Course Run | Dates | Time |
---|---|---|
November 2024 Run | 9 November 2024 | 9:00 am – 6:00 pm |
Time | Activity |
---|---|
9:00 am – 10:00 am | Introduction and Context Setting |
10:00 am – 10:45 am | Presentation of an Integrated Case Study |
11:00 am – 12:00 pm | Activity 1a: Discussion of a Case Study (Part 1) |
12:00 pm – 1:00 pm |
Activity 1b: Discussion of a Case Study (Part 2) |
2:00 pm – 2:30 pm |
Recap |
2:30 pm – 3:45 pm | Activity 2: Structured Peer Sharing Using Framework |
4:00 pm – 5:30 pm | Activity 3: Collaborative Problem-Solving Using Framework |
5:30 pm – 6:00 pm | Wrap Up |
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$1,090.00.
Category | After SF Funding |
---|---|
Singapore Citizen (Below 40) | S$327.00 |
Singapore Citizen (40 & Above) | S$127.00 |
Singapore PR / LTVP+ Holder | S$327.00 |
Non-Singapore Citizen | S$1,090.00 (No Funding) |
Note: All fees above include GST. GST applies to individuals and Singapore-registered companies.
Course Runs
SIT Innovation Leadership Programme (ILP)
This course is part of the SIT Innovation Leadership Programme (ILP).
- Accelerating Open Innovation Adoption in SMEs
- Rethinking Your Business – Business Model Innovation and Business Model Shift
- Innovative Mindset Mastery for SME Leaders
- Navigating Innovation in SMEs: Mastering the Art of Change Management (ILP)
- Leading Open Innovation – Develop Your Social Network and Capital
These structured short courses aim to assist learners in cultivating a culture of innovation. Through these courses, it facilitates learners to learn from successful open innovation models, execute market-driven projects with professional guidance, and leverage diverse ecosystem partners' expertise and resources to enhance innovation initiatives.
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