Innovation Strategy: How Leaders Create the Future

A framework for business today and tomorrow

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Course Dates

STARTS ON

TBD

Course Duration

DURATION

8 weeks, online
2-4 hours per week

Course Fee

PROGRAM FEE

This course is best taken as a group to maximize organizational impact.

Join in teams of 3 or more and get 25% off program fee per participant.
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The Future Is Now

How do you meet the performance requirements of the current business—one that is still thriving—while dramatically reinventing it?
How do you foresee a change in your current model before a crisis forces you to abandon it?

The Three-Box Solution: A Framework for Making Innovation Happen

Strategy and innovation expert Vijay "VG" Govindarajan expands the leader’s tool kit with a simple and proven method for allocating the organization’s energy, time, and resources. This framework for innovation is called the Three-Box Solution.

Three faces of a cube with past, present and future printed on a face each.  Past: Selectively forget the past. Let go of values and practices that fuel the current business but fail the new ones. Present: Manage the present. Optimize the current business. Future: Create the future. Invent a new business or business model

Key Takeaways

In this program, you will learn the three-box framework, allowing you to:

  • ADDRESS critical strategy questions such as:
    • Why strategy is about the future and why companies must continuously innovate
    • How to identify market discontinuities that shape the future of your industry
    • How to build organizational DNA that embraces the innovation mindset
  • EXPLORE how to instigate productive and non-defensive conversations about what it really takes to make innovation happen
  • LEARN effective, elegant, and practical principles for making innovation happen in your organization
  • DISCOVER how to avoid some of innovation’s most toxic myths, how to build the right kind of team, and how to learn quickly from experience

Who Should Participate?

The program is designed for corporate teams or individual learners. Teams will accelerate the learning by collaborating on business application projects, while individual learners will work on application projects specific to their unique business context, and then join a team of peers to allow for a diversity of perspective and feedback on their work.

Select Participant Roles:

  • Director/Senior Director
  • Leadership Development Manager/Director
  • Business Manager/Director
  • General Manager/ Director
  • Marketing Manager/Director
  • Operations Manager/Director
  • Corporate Planning & Performance Manager/Director
  • Quality Control Manager/Director
  • National Sales Manager/Director
  • Head of Strategic Business Development
  • Head of Engineering

Program Design

Module 1:

Strategy is Innovation

Get an overview of the Three-Box Framework, see examples of it in practice, and understand what is meant by leading innovation with the 'Three-Box Mindset'. You will identify weak signals by observing changes in your industry and complete an exercise on time allocation across the three boxes.

Module 2:

Strategic Intent and Core Competencies

This module focuses on strategy architecture, including strategic intent and core competencies using examples such as the film Apollo 13 to illustrate these principles. Exercises include creating and evaluating a strategic intent statement and evaluating the core competencies of your organization.

Module 3:

Box Three Ideation

This module is about ideation – the formation of ideas and concepts – including VG's award-winning concept of Reverse Innovation, where an innovation is seen or used first in the developing world, before spreading to the industrialized world. You will explore a wide range of examples of ideation and reverse innovation, including GE Healthcare and the $300 House Concept, and share your own examples through moderated discussions.

Module 4:

Innovation Execution

Innovation is about commercializing creativity and execution is critical in innovation strategy. This module delves into innovation execution, beginning with 'the forgetting challenge'. You will list and analyze the list of skill sets and elements needed to form a dedicated Box Three team in order for your ideas to achieve maximum business impact.

Module 1:

Strategy is Innovation

Get an overview of the Three-Box Framework, see examples of it in practice, and understand what is meant by leading innovation with the 'Three-Box Mindset'. You will identify weak signals by observing changes in your industry and complete an exercise on time allocation across the three boxes.

Module 3:

Box Three Ideation

This module is about ideation – the formation of ideas and concepts – including VG's award-winning concept of Reverse Innovation, where an innovation is seen or used first in the developing world, before spreading to the industrialized world. You will explore a wide range of examples of ideation and reverse innovation, including GE Healthcare and the $300 House Concept, and share your own examples through moderated discussions.

Module 2:

Strategic Intent and Core Competencies

This module focuses on strategy architecture, including strategic intent and core competencies using examples such as the film Apollo 13 to illustrate these principles. Exercises include creating and evaluating a strategic intent statement and evaluating the core competencies of your organization.

Module 4:

Innovation Execution

Innovation is about commercializing creativity and execution is critical in innovation strategy. This module delves into innovation execution, beginning with 'the forgetting challenge'. You will list and analyze the list of skill sets and elements needed to form a dedicated Box Three team in order for your ideas to achieve maximum business impact.

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Program Faculty

Faculty Member Vijay "VG" Govindarajan

Vijay "VG" Govindarajan

Coxe Distinguished Professor at Tuck School of Business at Dartmouth

Vijay "VG" Govindarajan is widely regarded as one of the world’s leading experts on strategy and innovation. VG is the Coxe Distinguished Professor (a Dartmouth-wide faculty chair) at Tuck School of Business at Dartmouth College and a former Marvin Bower Fellow at Harvard Business School. VG is a Faculty Partner at Mach49, a Silicon Valley incubator. He was the first Professor in Residence and Chief Innovation Consultant at General Electric. He worked with GE’s CEO Jeff Immelt to write, “How GE is Disrupting Itself”, the Harvard Business Review (HBR) article that pioneered the concept of reverse innovation – any innovation that is adopted first in the developing world. HBR picked reverse innovation as one of the Great Moments in Management in the Last Century... More info

Testimonials

"At PepsiCo, we practice what VG preaches."

— INDRA K. NOOYI, FORMER CHAIRMAN AND CHIEF EXECUTIVE OFFICER, PEPSICO, INC.

"As a long-time mentor to Hasbro, Vijay Govindarajan’s simple yet profound Three-Box Solution has inspired our teams to create a culture of innovation, challenge the trappings of the past and create our future."

— BRIAN D. GOLDNER, CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER HASBRO, INC.

Certificate

Example certificate that will be awarded after successful completion of this program

Certificate

Upon successful completion of the program, participants will be awarded a verified digital certificate by Tuck Executive Education at Dartmouth.

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FAQs

  • How do I know if this program is right for me?

    After reviewing the information on the program landing page, we recommend you submit the short form above to gain access to the program brochure, which includes more in-depth information. If you still have questions on whether this program is a good fit for you, please email learner.success@emeritus.org, and a dedicated program advisor will follow-up with you very shortly.


    Are there any prerequisites for this program?

    Some programs do have prerequisites, particularly the more technical ones. This information will be noted on the program landing page, as well as in the program brochure. If you are uncertain about program prerequisites and your capabilities, please email us at learner.success@emeritus.org for assistance.


    Note that, unless otherwise stated on the program web page, all programs are taught in English and proficiency in English is required.


    What is the typical class profile?

    More than 50 percent of our participants are from outside the United States. Class profiles vary from one cohort to the next, but, generally, our online certificates draw a highly diverse audience in terms of professional experience, industry, and geography — leading to a very rich peer learning and networking experience.


    What other dates will this program be offered in the future?

    Check back to this program web page or email us at learner.success@emeritus.org to inquire if future program dates or the timeline for future offerings have been confirmed yet.

  • How much time is required each week?

    Each program includes an estimated learner effort per week. This is referenced at the top of the program landing page under the Duration section, as well as in the program brochure, which you can obtain by submitting the short form at the top of this web page.



    How will my time be spent?

    We have designed this program to fit into your current working life as efficiently as possible. Time will be spent among a variety of activities including:



    • Engaging with recorded video lectures from faculty
    • Attending webinars and office hours, as per the specific program schedule
    • Reading or engaging with examples of core topics
    • Completing knowledge checks/quizzes and required activities
    • Engaging in moderated discussion groups with your peers
    • Completing your final project, if required

    The program is designed to be highly interactive while also allowing time for self-reflection and to demonstrate an understanding of the core topics through various active learning exercises. Please contact us at learner.success@emeritus.org if you need further clarification on program activities.



    What is it like to learn online with the learning collaborator, Emeritus?

    More than 250,000 professionals globally, across 80 countries, have chosen to advance their skills with Emeritus and its educational learning partners. In fact, 90 percent of the respondents of a recent survey across all our programs said that their learning outcomes were met or exceeded.

    A dedicated program support team is available 24/5 (Monday to Friday) to answer questions about the learning platform, technical issues, or anything else that may affect your learning experience.


    How do I interact with other program participants?

    Peer learning adds substantially to the overall learning experience and is an important part of the program. You can connect and communicate with other participants through our learning platform.

  • What are the requirements to earn the certificate?

    Each program includes an estimated learner effort per week, so you can gauge what will be required before you enroll. This is referenced at the top of the program landing page under the Duration section, as well as in the program brochure, which you can obtain by submitting the short form at the top of this web page. All programs are designed to fit into your working life.

    This program is scored as a pass or no-pass ; participants must complete the required activities to pass and obtain the certificate of completion. Some programs include a final project submission or other assignments to obtain passing status. This information will be noted in the program brochure. Please contact us at learner.success@emeritus.org if you need further clarification on any specific program requirements.


    What type of certificate will I receive?

    Upon successful completion of the program, you will receive a smart digital certificate. The smart digital certificate can be shared with friends, family, schools, or potential employers. You can use it on your cover letter, resume, and/or display it on your LinkedIn profile. The digital certificate will be sent approximately two weeks after the program, once grading is complete.


    Can I get the hard copy of the certificate?

    No, only verified digital certificates will be issued upon successful completion. This allows you to share your credentials on social platforms such as LinkedIn, Facebook, and Twitter.


    Do I receive alumni status after completing this program?

    No, there is no alumni status granted for this program. In some cases, there are credits that count toward a higher level of certification. This information will be clearly noted in the program brochure.


    How long will I have access to the learning materials?

    You will have access to the online learning platform and all the videos and program materials for 12 months following the program start date. Access to the learning platform is restricted to registered participants per the terms of agreement.

  • What equipment or technical requirements are there for this program?

    Participants will need the latest version of their preferred browser to access the learning platform. In addition, Microsoft Office and a PDF viewer are required to access documents, spreadsheets, presentations, PDF files, and transcripts.


    Do I need to be online to access the program content?

    Yes, the learning platform is accessed via the internet, and video content is not available for download. However, you can download files of video transcripts, assignment templates, readings, etc. For maximum flexibility, you can access program content from a desktop, laptop, tablet, or mobile device.

    Video lectures must be streamed via the internet, and any livestream webinars and office hours will require an internet connection. However, these sessions are always recorded, so you may view them later.

  • Can I still register if the registration deadline has passed?

    Yes, you can register up until seven days past the published start date of the program without missing any of the core program material or learnings.


    What is the program fee, and what forms of payment do you accept?

    The program fee is noted at the top of this program web page and usually referenced in the program brochure as well.

    • Flexible payment options are available (see details below as well as at the top of this program web page next to FEE).
    • Tuition assistance is available for participants who qualify. Please email learner.success@emeritus.org.

    What if I don’t have a credit card? Is there another method of payment accepted?

    Yes, you can do the bank remittance in USD via wire transfer or debit card. Please contact your program advisor, or email us at learner.success@emeritus.org for details.


    I was not able to use the discount code provided. Can you help?

    Yes! Please email us at learner.success@emeritus.org with the details of the program you are interested in, and we will assist you.


    How can I obtain an invoice for payment?

    Please email learner.success@emeritus.org with your invoicing requirements and the specific program you’re interested in enrolling in.


    Is there an option to make flexible payments for this program?

    Yes, the flexible payment option allows a participant to pay the program fee in installments. This option is made available on the payment page and should be selected before submitting the payment.


    Does the program fee include taxes? Are there any additional fees?

    Yes, the program fee is inclusive of any taxes, except for GST for Singapore residents.


    How can I obtain a W9 form?

    Please email us at learner.success@emeritus.org for assistance.

  • What is the policy on refunds and withdrawals?

    You may request a full refund within seven days of your payment or 14 days after the published start date of the program, whichever comes later. If your enrollment had previously been deferred, you will not be entitled to a refund. Partial (or pro-rated) refunds are not offered. All withdrawal and refund requests should be sent to admissions@emeritus.org.



    What is the policy on deferrals?

    After the published start date of the program, you have until the midpoint of the program to request to defer to a future cohort of the same program. A deferral request must be submitted along with a specified reason and explanation. Cohort changes may be made only once per enrollment and are subject to availability of other cohorts scheduled at our discretion. This will not be applicable for deferrals within the refund period, and the limit of one deferral per enrollment remains. All deferral requests should be sent to admissions@emeritus.org.

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Early registrations are encouraged. Seats fill up quickly!