What is innovation management? How do firms bring in new business models and get new products and services to the market? Go on a nine-week journey through innovation management concepts, theories of idea generation, selection, strategy formulation and implementation in this MOOC in Innovation Management. In it, you will also learn the tools for implementing innovation projects yourself.
Guided by world-class academics, you will develop an innovative mindset and expertise in how firms successfully create new ideas for marketing new products. The syllabus also includes sessions about innovation strategy, idea management and social networks.
During this course, you will learn how to:
• use the main innovation management terminology and concepts
• explain the adoption life cycle and innovation adoption at the individual level
• define creativity and explain how creativity can be stimulated
• recognise and describe three types of idea management systems
• explain what an innovation strategy is and why it is important
• describe what a product portfolio is
• explain how innovation projects should be selected and managed
• explain the importance of teams, team structures and networks for innovation.
Rotterdam School of Management, Erasmus University (RSM) is one of Europe’s leading business schools, and ranked among the top three for research. RSM’s primary focus is on developing business leaders with international careers who carry their innovative mindset into a sustainable future. Go to www.rsm.nl for more information.
This nine-week MOOC in Innovation Management is taught in English. There is no fee to participate in the programme.
After this week’s studies and the associated exercise, you will understand the meaning of innovation and innovation management. Also, you will learn to identify and differentiate between various types of innovation. As a result, you will become acquainted with basic terminology that will help you to better process and understand the course content of the following weeks.
What's included
6 videos1 assignment
Show info about module content
6 videos•Total 35 minutes
Welcome!•4 minutes
Introduction to this week•2 minutes
Value of innovation•7 minutes
Paradoxes of innovation•10 minutes
Innovation space•10 minutes
Summary•2 minutes
1 assignment•Total 30 minutes
Quiz week 1•30 minutes
Innovation Strategy
Module 2•2 hours to complete
Module details
You will learn to how to create and evaluate an innovation strategy. You will be able distinguish between creating and capturing value. The you will able to explain what innovation ecosystems are and why they are so important in today's world.
What's included
10 videos1 assignment
Show info about module content
10 videos•Total 87 minutes
Introduction•1 minute
Innovation strategy•5 minutes
Bonus: Interview with Frans van Houten (CEO of Philips)•27 minutes
Crafting an innovation strategy•13 minutes
Bonus: Three myths about innovation strategy•4 minutes
Ecosystems•7 minutes
Ecosystems and networks•10 minutes
Competitions between ecosystems•8 minutes
Bonus: Standardization•11 minutes
Summary•2 minutes
1 assignment•Total 30 minutes
Quiz week 2•30 minutes
Creativity
Module 3•3 hours to complete
Module details
Creativity is essential if an organization wants to gain a competitive advantage. All innovations begin with creating ideas. After this module you will understand what creativity is and how you, other people and groups become more creative. You will also get to know two creativity methods, brainstorming and design thinking.
What's included
7 videos1 peer review
Show info about module content
7 videos•Total 45 minutes
Introduction•1 minute
Defining creativity•7 minutes
Individual creativity•9 minutes
Enhancing individual creativity•12 minutes
Brainstorming•8 minutes
Design thinking•6 minutes
Summary•2 minutes
1 peer review•Total 120 minutes
Design a brainstorm session for a group you work in! •120 minutes
Idea Selection
Module 4•1 hour to complete
Module details
Organizations receive many new ideas from employees, suppliers, and customers. But they often do not realize the innovative potential of these ideas because they fail to properly manage them. By studying this module and doing the associated exercises, you will understand the basic principles of idea management. You will learn how to select and evaluate ideas and in which situations we are likely biased when selecting and evaluating.
What's included
6 videos1 assignment
Show info about module content
6 videos•Total 30 minutes
Introduction•1 minute
Idea selection•6 minutes
Selecting ideas strategically•5 minutes
Evaluating ideas•9 minutes
Evaluation biases•8 minutes
Summary•1 minute
1 assignment•Total 30 minutes
Quiz week 4•30 minutes
Implementation of Innovation
Module 5•29 minutes to complete
Module details
Implementation is about making sure that the ideas an organization has created and selected will be successfully executed and end up as a market-ready product or service. In this module, we compare two methods that are designed to improve the implementation process: stage-gate and lean. After the this module, you will be able to compare the two methods and determine which one would suit your company better.
What's included
6 videos1 discussion prompt
Show info about module content
6 videos•Total 19 minutes
Introduction•1 minute
Innovation funnel•3 minutes
Stage-gate model•3 minutes
Lean innovation•5 minutes
Comparing stage gate and lean•5 minutes
Summary•1 minute
1 discussion prompt•Total 10 minutes
Lean or state-gate?•10 minutes
People and Organization
Module 6•4 hours to complete
Module details
Successful innovating starts and ends with the people involved. In this module, you will learn how to create an organization that enables employees to be innovative and who can support the innovation activities of the organization. First, you will learn about the principles of structuring teams and the organization. Second, you will understand how leadership and diversity and critical aspects for successful innovation.
What's included
9 videos1 reading1 assignment1 peer review
Show info about module content
9 videos•Total 64 minutes
Introduction•2 minutes
Innovation team structures•6 minutes
Agility•9 minutes
Organizing innovation•5 minutes
Leadership for innovation•5 minutes
Bonus: Pitching innovation•6 minutes
Group diversity•17 minutes
Biases in recognizing creative individuals•11 minutes
Summary•2 minutes
1 reading•Total 10 minutes
Read more on Innovation Management•10 minutes
1 assignment•Total 30 minutes
Final quiz•30 minutes
1 peer review•Total 120 minutes
Your dream company and disruptive innovation•120 minutes
Instructors
Instructor ratings
Instructor ratings
We asked all learners to give feedback on our instructors based on the quality of their teaching style.
Erasmus University: a top-100 ranked international research university based in Rotterdam, the Netherlands. Our academic teaching and research focuses on four areas: health, wealth, culture and governance.
Erasmus University Rotterdam: make it happen.
"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."
Jennifer J.
Learner since 2020
"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."
Larry W.
Learner since 2021
"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."
Chaitanya A.
"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."
Learner reviews
4.7
2,237 reviews
5 stars
74.97%
4 stars
21%
3 stars
3.08%
2 stars
0.40%
1 star
0.53%
Showing 3 of 2237
M
MS
5·
Reviewed on May 19, 2016
I may not be able to compare as this has been my very first MOOC experience, however, I found topic, material and interaction presented of professional quality that made following truly a
R
RE
5·
Reviewed on Apr 29, 2022
This was a very enlightening course and enjoyable to follow as well. I had fun doing it and that made it very alluring which is great for learning! I hope to do a higher level one with RSM.
R
RL
5·
Reviewed on Apr 29, 2017
Excellent course and very well structured. Great for the beginers. But also great for someone who are involved in innovation management to reaffirm and strengthen their knowledge too.
When will I have access to the lectures and assignments?
To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I purchase the Certificate?
When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.