Develop the required skills for successful product development, problem-focused innovation and technology commercialisation that help create new businesses or existing companies to improve performance. This comprehensive course is designed around the principles of 'Disciplined Innovation'.
Recommended experience
What you'll learn
Identify real-world, urgent & scalable problems or unmet needs of customers using the '8C-Problem Discovery Framework'
Be able to assess, develop, deploy and commercialise technology via a structured methodology
Develop successful new products with a comprehensive '8P Product Development Framework'
Create powerful go-to-market strategies for products and services through the 'WIMF - Winning in Market Framework'
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9 assignments
September 2024
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There are 3 modules in this course
This module focuses on two key areas: identifying problems worth solving and developing products effectively. You will explore the 8C Problem Discovery Framework, which includes various assessments—such as category, customer, and competition—to comprehensively identify problems. The module also covers the 8P Product Development Framework, detailing approaches to design, develop, and launch successful products. By the end of this module, you will be equipped to discover key problems and develop products that meet market needs.
What's included
26 videos4 readings3 assignments1 discussion prompt
This module introduces learners to the 'Winning in Market Framework' (WIMF), a strategic approach for creating and delivering value in competitive markets. You will understand why the WIMF is essential, its core components, and how it benefits organizations in achieving market success. The module also focuses on Technology Assessment, specifically the Technology Readiness Levels (TRL) concept, which is critical for evaluating the maturity of technologies. Through case studies, you will gain insights into practical applications of TRL, preparing them to assess and leverage technology effectively in their strategies.
What's included
14 videos2 readings3 assignments
This module equips you with the knowledge and tools needed to lead the commercialization of technology and innovation effectively. It begins with an exploration of traditional paradigms and emerging trends in R&D institutions, followed by an in-depth look at the challenges of global R&D and the process of acquiring technology. You will understand critical success factors and the role of open innovation and intellectual property strategies in commercialization. The module then introduces the Technology, Innovation, and Leadership Framework, highlighting key success factors and the use of a Technology Management Balanced Scorecard to measure and drive performance.
What's included
12 videos5 readings3 assignments
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University of Illinois Urbana-Champaign
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