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Effective Innovation ON DEMAND

Available Until

Your Desk

3.0 Credits

Member Price $87.00

Non-Member Price $100.00

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Overview

Innovation is one of the great value-creation tools in 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 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

None.

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).

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Non-Member Price $100.00

Member Price $87.00