Business Innovation Programme
This 7-week bootcamp will enable you to drive innovation and change within your organisation
Working with Blenheim Chalcot’s Red Team, the Business Innovation Programme is specifically designed for team leaders, operational managers and change-makers in established businesses. If you want to drive innovation in your organisations, this is the programme for you.
Over the course of seven lunchtime sessions, participants will learn how to build and drive an 'Ambidextrous Organisation'. The Business Innovation Programme will empower the next generation of change-makers, striving to develop their career with the use of technical innovation and business model innovation.
We are pleased to be able to offer a number of fully-funded places to individuals in Guernsey as part of the SMART Guernsey partnership, to build their skills in their businesses across all sectors.
Applications for the first cohort are currently open, and will close on the 28th September 2023.
What will be covered?
The programme will include a number of sessions covering the following topics:
Jumping the S Curve
This session draws on key elements of "Jumping the S-curve" as presented in Paul Nunes and Tim Breene's book, including how companies can outperform their competitors and increase profitability. Participants will also learn how to identify hidden S-curves and use BEMI to navigate growth cycles and overcome economic and market disruptions.
Building an Ambidextrous Organisation Part 1
As the first session in the 'Building an Ambidextrous Organisation' series, we begin by introducing the concept of "ambidexterity" and its role in generating lasting success for organisations. Participants will learn to differentiate between management and leadership and their mapping onto exploitation and exploration. The session will also focus on identifying the organisational structures, processes, and capabilities needed for successful exploration.
Building an Ambidextrous Organisation Part 2
The second session in the series covers the design of an Innovation Process with a focus on Ideation, Incubation, and Scaling. Participants will learn about selection criteria, identifying organisational assets, and mitigating potential impact from mature business units. Participants will evaluate their organisation's current innovation process, developing ways to ensure its success.
Building an Ambidextrous Organisation Part 3
We begin by reviewing the learnings from the first and second sessions in this series. Participants will then reflect on past innovation efforts, identifying common causes of failure. Participants will then work in groups to design a new innovation process, focusing on the structural solutions for communication, culture, people and process. At the end of the session, the groups will present their suggested processes, taking feedback from the rest of the cohort.
Business Model Innovation Part 1
In this session, participants will discuss the key elements of a business model and how they relate to one another. They’ll be introduced to the Business Model Canvas, a tool which they’ll use to map out how their business creates and captures values. We’ll also review some successful examples to illustrate how and why business model innovation can be a powerful source of disruption.
Business Model Innovation Part 2
Participants in this session will discuss the relationship between, and the relative advantages of, technical innovation and business model innovation. This is followed by some examples of how BC businesses have innovated their business models. We will look at the kind of outputs of a business model that would appeal to a growth investor, and the tools necessary for business model innovation. Finally, participants will plan a test they can run to increase Willingness-to-Pay and/or lower Willingness-to-Sell through subtle changes to how their business creates and captures value.
Presenting a Business Case
The final session of the programme focuses on learning the fundamentals of building a business case, including types, scales and considerations from both CEO and senior manager perspectives. Participants will also gain knowledge on the importance of reporting and tracking mechanisms for successful innovation plans.
The course sessions will be 1.5 hours and run virtually over lunchtimes. Participants will also be invited to join the next Innovation Lab event, bringing together leaders across business, academia and technology, which will be held in London's Scale Space. The key dates and time are as follow:
- 10th September - Application deadline
- 5th October - Session 1
- 12th October - Session 2
- 19th October - Session 3
- 26th October - Break for Half Term
- 1st November - Innovation Lab, London
- 9th November - Session 4
- 16th November - Session 5
- 23rd November - Session 6
- 30th November - Session 7
- Graduation Event - TBC
Dates subject to change - final schedule will be sent out to successful applicants.
Who should apply?
This hands-on, information-packed programme is perfect for any operational managers, change managers and consultants who are working with one or more organisations, to guide them through change, driving the adoption of new innovative practices.
This programme is specifically designed for business leaders in established businesses who want to drive innovation in their organisations. If you are looking to become a change-maker in your organisation, this programme is for you!
Please note, due to limited spaces we will only accept a maximum of two employees from a single organisation.
If you are unsure if you qualify for this programme, please email email@example.com or call 01481 701010 for further advice.
How do I apply?
Apply for your fully-funded space using the online form below.
What happens after I've applied?
Your application will be assessed to ensure suitability to the programme and you will be notified whether you have been accepted onto the programme or not.