E-LEARNING MODULE
Exploration of an idea to a business concept and business plan
The e-learning module is in the English language and is fully accessible via Internet. It consists of the following items:
- a process flow to explore an idea to a business case on a practical way
- explanation of basic principles and theory
- well described examples and cases
- templates to make a business plan
- you get access to the innovation management tools of Inpaqt
- manuals such as short videos
- own workplace on the Inpaqt server to do your exercise
- end results and rapports can easily be exported to MS Office (Word,Excel)
- a link to a special innovation management wiki to learn more in depth
- personal support from our innovation management (e.g. skype 1 uur)
After entry you will receive a Internet link which will give you access to the e-learning module for 6 months. The costs of this module are € 200,- excluding VAT. You can request your accession to the module. We will contact you afterwards and you will receive the Internet link for personal access to the electronic learning module.
What do you learn?
- understanding of the intricacies of the innovation process
- know that is the importance of the business case in innovation and how the business case should be used
- learn how to set the customer central
- learn the right balance between intuition and ratio
- know how to deal with uncertainties and know how to manage risks and uncertainties
- creates an innovative mindset
- know how to determine the critical parameters which affects decision making
- understanding of business concepts and how to apply: making a proper value proposition, determining the core competence, know how to segment markets, know how to build sustainable competitive advantage, know how to define innovative business models
- Know how innovation is linked to other business processes
The program
In the e-learning module the following chapters are discussed, while you can explore your own idea to a business plan:
1. What is innovation
2. The Innovation process
3. Innovation Management 1: Activities in the fuzzy front end "From Idea to Plan".
4. Innovation Management 2: Questions and Methods
5. Analysis of market and competitors
a. stakeholder analysis
b. definition of customer profiles
c. definition of a customer value proposition(s)
d. competitor analysis
e. inventarisation of possible market segments
f. inventarisation of possible revenu models
6. Analysis of organisation and competences
a. translation of the value proposition to technologies/competences
b. translation of the Program of Demands to functional requirements and specifications
c. competitor analysis and competence/technology gap-analysis
d. define how a lack of competences can be acquires on a best way
(partnering, purchase, own development)
e. competence sustainability analysis
7. Set op revenue and business models
8. Risk analysis
a. inventarisation and scoring of different type of risks
(technical, commercial, organisational, financial, legal risks)
b. inventarisation of causes
c. inventarisation of possible preventive measures to eliminate causes
9. Cost - Benefit analysis
a. exploration of the business case
b. phasing of development- and commercial activities
c. inventarisation of costs
d. inventarisation of market parameters
e. risk analysis, causes and measures
f. analysis of Nett Present Value sensitivity analysis
h. set up business case
10. Uncertainty analysis and planning
a. determination of cost and value drivers
b. milestone planning