When you enroll in this course, you'll also be enrolled in this Specialization.
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Earn a shareable career certificate
There are 4 modules in this course
This course focuses on enhancing your understanding of (1) how an internal venture is organized and (2) how to overcome resistance to your new venture ideas within the company. The course is specifically valuable for:
• Employees who have creative ideas important to their company;
• Managers seeking to assemble creative people and resources;
• Technical specialists desiring to become part of an internal venture; and
• Consultants who advise companies on ways to launch and grow internal ventures.
You will learn strategies to help you launch a corporate venture with coursework focused on four key areas:
• Examining how to audit a company's internal environment to establish a framework for its innovation capabilities;
• Creating a plan for an organizational structure and operational format that incorporates key roles and players for internal ventures within the company;
• Analyzing corporate culture to identify creative capabilities that leverage the company's best practices for innovation;
• Evaluating innovation portfolios and compose innovation strategies that are best aligned with the implementation potential within the company.
Try this course for FREE at https://www.coursera.org/learn/corporate-entrepreneurs-innovation-strategy
In this module, we will examine how to audit a company's internal environment to establish a framework for its innovation capabilities.
What's included
8 videos6 readings1 peer review
Show info about module content
8 videos•Total 65 minutes
Preview of the Course•5 minutes
Welcome to week one•2 minutes
What are some basic types of innovations?•9 minutes
How can an audit reveal innovation competence and weakness?•10 minutes
How many ways can companies innovate?•11 minutes
How does innovation occur at different business levels?•7 minutes
How does technology uncertainty influence an innovation in the marketplace?•10 minutes
What are key "associating" skills of innovators?•11 minutes
6 readings•Total 41 minutes
Welcome to Crafting Strategies for Innovation Initiatives for Corporate Entrepreneurs•3 minutes
Meet Dr. Thomas J. Mierzwa•3 minutes
Connect with your Classmates•10 minutes
Our Recommended Textbook for the Course•10 minutes
How P&G Tripled Its Innovation Success Rate (Optional)•10 minutes
Accelerate Your Career with the #1 Online Master’s Degree for Startup Entrepreneurs and Corporate Innovators•5 minutes
1 peer review•Total 120 minutes
Internal Venture Opportunity Search•120 minutes
Organizational Structures and Operational Formats
Module 2•3 hours to complete
Module details
In this module, we will create a plan for an organizational structure and operational format that incorporates key roles and players for internal ventures within the company.
What's included
8 videos1 peer review
Show info about module content
8 videos•Total 73 minutes
Welcome to week two•3 minutes
How do you evaluate a winning innovation idea when you see one?•12 minutes
Who are innovation's creative role players?•8 minutes
Who are innovation's implementation role players?•10 minutes
How do manager, entrepreneur, and innovator roles differ?•13 minutes
How can innovation be framed as a process?•7 minutes
Do different organizational forms matter for innovation initiatives?•7 minutes
What organizational forms do innovation venture units take?•13 minutes
1 peer review•Total 120 minutes
Assembling the Parts of an Internal Venture Team•120 minutes
Corporate Culture
Module 3•3 hours to complete
Module details
In this module, we will analyze corporate culture to identify creative capabilities that leverage the company's best practices for innovation.
What's included
7 videos1 peer review
Show info about module content
7 videos•Total 55 minutes
Welcome to week three•2 minutes
How does corporate culture influence innovation and creativity?•12 minutes
How can knowledge management enable innovation?•6 minutes
What factors influence the feasibility of an innovation?•9 minutes
How is innovation value classified within a firm?•8 minutes
How can benchmarking become an innovation practice?•10 minutes
How do innovation tournaments serve as a best practice?•8 minutes
1 peer review•Total 120 minutes
Internal Venture Feasibility Test•120 minutes
Creating an Innovation Strategy
Module 4•4 hours to complete
Module details
In this module, we will evaluate innovation portfolios and compose innovation strategies that are best aligned with the implementation potential within the company.
What's included
8 videos2 readings1 peer review
Show info about module content
8 videos•Total 86 minutes
Welcome to week four•2 minutes
How do innovation managers survive an innovation project?•10 minutes
What's inside an innovation portfolio?•9 minutes
How do disruptive innovations change the marketplace?•11 minutes
How are innovations revealed in a blue ocean strategy?•11 minutes
How can lead users contribute to an innovation strategy?•9 minutes
How can open innovation become an entrepreneurial strategy?•12 minutes
Summary of key concepts•22 minutes
2 readings•Total 15 minutes
Creating Breakthroughs at 3M (Optional)•10 minutes
Accelerate Your Career with the #1 Online Master’s Degree for Startup Entrepreneurs and Corporate Innovators•5 minutes
1 peer review•Total 120 minutes
Roadmap for Launching an Internal Corporate Venture•120 minutes
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.
The University of Maryland, College Park is the state's flagship university and one of the nation's preeminent public research universities. A global leader in research, entrepreneurship and innovation, the university is home to more than 40,700 students, 14,000 faculty and staff, and nearly 400,000 alumni. The university’s faculty includes two Nobel laureates, 10 Pulitzer Prize winners, 69 members of the national academies and scores of Fulbright scholars. Located just outside Washington, D.C., the University of Maryland is committed to social entrepreneurship as the nation’s first “Do Good” campus, and discovers and shares new knowledge every day through research and programs in academics, the arts, and athletics.
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What will I get if I subscribe to this Specialization?
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Is financial aid available?
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