The University of Southampton
Southampton Business School

Innovation and Entrepreneurship (EDP event) Event

Date:
7 - 8 December 2017
Venue:
Chilworth Manor
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Event details

Executive Development Programme Event

Programme Overview

Innovation summary

Innovation is critical to the sustainability and survival of every organisation.

Companies who rate themselves as being good at managing innovation as a strategic competence tend to show the highest performance and growth. More than 88% of fortune 500 companies from 1955 are not in that list today. This tells us that whilst innovation is critical, most firms are not good at it. Any company that has been around for a long time is operating very differently than they used to, and is often working in an entirely different sector. This ability to change does not come naturally, but it is an ability that can be developed. However, it is not a case of developing new processes, but new attitudes and a supportive culture.  This innovation programme focuses on strategic innovation management, using case studies to highlight how successful firms can develop innovation as a core competency.

Entrepreneurship summary

It is very likely that your organisation was originally founded by an entrepreneur. An entrepreneur who organised, managed and assumed the risks of the business. Entrepreneurship is essentially the process of discovering new ways of combining resources.

With companies suffering the  increasing pressure of commoditisation within B2C and B2B markets, the very activities that made organisations successful in the first instance, can be

under threat by ease of duplication of products and services. We know that the competitive environment is becoming more complex, turbulent and unpredictable and leaders have little or no control over the underlying trends, from globalisation to technological change.

The most damaging kind of complexity, the reluctance to move into a new world order however, often comes from within the organisation itself. This is where entrepreneurs and more importantly intrapreneurs (internal entrepreneurs) can act to create a compelling agenda for change. Mavericks they are not, the connected intrapreneurs of today, often

have extensive networks at their disposal to offer well informed, creative and innovation options for the future shape of the business.

Programme summary

This 2 day residential programme provides the participants with a structured method to examine how well their organisation supports innovation and entrepreneurship. Through sharing key challenges, discussing good practice and reflecting on current thinking, this programme will enable the participants to develop an action plan to improve organisational innovation capability through entrepreneurial practices.

Key Learning Outcomes

This participative and interactive programme will cover the following topics:

  • Why innovation matters
  • Innovation audit: assess your organisation
  • Case studies: how leading companies manage innovation
  • Apply learning from the case studies to the priority issues
  • Assess their innovation capability
  • Develop a structured approach for driving change and innovation
  • Apply new innovation strategy and methods
  • Future proofing organisational capability

Content and Learning Style

The programme will be highly participative and involve a holistic approach to embedding intrapreneurship into your organisation.  The taught input sessions will combine conceptual briefings with unique collateral and thought provoking prompts to stimulate in-depth discussions. Peer learning is a big part of the programme and all participants will be given the opportunity to contribute and share insights and perspectives,  enabling learning from fellow members adding to the taught input.

Cost: £1000 plus overnight accommodation at Chilworth Manor if required

Speaker information

Dr David Baxter,David Baxter is an Associate Professor of Innovation in the Department of Strategy, Innovation and Entrepreneurship at Southampton Business School. David teaches Innovation Management to undergraduate, postgraduate and MBA students, and to executive education clients. He has also presented to audiences at international conferences, to company management teams, and to senior government personnel. Previous clients include Rolls-Royce, Edwards, Steria, Rotork, MBDA and Fiberweb. David’s research maintains a strong emphasis on company practice and he has presented to audiences at international conferences, to company management teams, and to senior government personnel. His current research addresses various aspects of the innovation process including customer insight, knowledge and learning, and agile projects. He has published over 40 academic papers and was previously a Lecturer in Innovation at Cranfield School of Management.

Cris Beswick,Consultant in innovation,Cris is a successful author, speaker and strategic innovation advisor to some of the world's most successful companies on how to build game-changing innovation capability and embed it into organisational culture. Originally trained as a product & industrial designer, Cris Beswick spent over a decade as a successful entrepreneur & CEO building an award-winning design group. After structuring a full exit in 2008 he founded The Future Shapers, a niche innovation consultancy specialising in working with CEOs and senior teams on the strategy, leadership and culture required for innovation. As such Cris has coached, advised and delivered keynotes to some of the world’s most successful companies on how to become exceptional by building game-changing innovation capability and embedding it into organisational culture. Cris is author of the books 'The Road to Innovation’ and ‘Building a Culture of Innovation’.

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