Effective Innovation FLEXCAST
Available Until
Your Desk
3.0 Credits
Member Price $98.00
Non-Member Price $113.00
Overview
Innovation is one of the great value-creation tools in the modern corporation, but it is also quite difficult to implement properly. In many cases, organizations invest vast amounts of time and money in innovation, and yet do not generate commensurate returns. In the Effective Innovation course, we discuss innovation strategy, the various types of innovation, how to create an environment more conducive to innovation, the management of advanced research, innovation metrics, and much more.
Highlights
Innovation theory. Innovation strategy. Innovation development. Excessive innovation effects. Innovation metrics.
Prerequisites
None.
Designed For
CPAs, CFPs, and other financial advisers.
Objectives
Recognize the different types of innovation strategies. Specify the outcomes to focus on when engaged in strategic experiments. Cite the advantages and disadvantages of both closed and open innovation systems. Specify the actions to take when trying to innovate in a fluid environment. Describe the characteristics of a successful innovator. Recognize the techniques used to improve an incremental innovation campaign. Specify the fundamental issues of product design. Recognize the steps that management can take to improve an internal crowdsourcing system. Specify the alternatives available for accessing the talent in cities, as well as the advantages and disadvantages of each one. Recognize the situations in which a collaborative community might be useful, and its characteristics. Specify the methods available for improving the success rate for an innovation rollout. Recognize the negative effects of issuing too many innovations. Identify the conceptual issues that apply to the measurement of innovation. Identify the situations to which each of the innovation metrics discussed would be most applicable.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $113.00
Member Price $98.00