The Innovation Ecosystem
An innovation ecosystem is a network of interconnected individuals, teams and entities that co-evolve to facilitate shared innovation conception and delivery.
Innovation ecosystems play a critical role in supporting innovation and building a sustainable innovation strategy. Knowledge of an organisation’s unique internal and external innovation ecosystem leads to a better understanding of key relationships and resources, helping to transform ideas into reality and maximise productivity. Continuous ecosystem analysis, monitoring the stakeholders within it and understanding the key role each plays is fundamental to appreciating the integrations, inter-dependencies and risks on which an organisation’s innovation strategy relies.
This masterclass will help you understand the internal and external ecosystem that supports innovation. It will help you tap into existing resources and initiatives while also assessing the changes needed in the business to support your path to innovation success. You will explore the practice of stakeholder mapping and learn practical tools that can be applied to build a comprehensive stakeholder map for your organisation. You will also learn about different types of innovation and how the right innovation initiatives and culture can support your innovation strategy.
What topics will you cover?
Masterclass (1 x 3-hour workshop)
- Types of innovation;
- The innovation ecosystem framework;
- Internal ecosystem – analysing your internal assets, business culture, potential gaps, challenges and opportunities;
- External ecosystem – identifying potential assistors, available resources and supports;
- Stakeholder inventory - reviewing and prioritising your stakeholders.
On completion of the Masterclass, you will be able to:
- Map your own innovation ecosystem;
- Understand the parameters of your internal ecosystem;
- Understand which aspects of the external ecosystem apply to your innovation strategy;
- Complete a stakeholder map.
On completion of the Masterclass, a Certificate of Completion will be provided.
Who is this Masterclass for?
This Masterclass is designed for individuals who want the skills to strengthen their organisation's innovation capability. It is designed for leaders, managers, entrepreneurs and enterprising individuals who seek the knowledge and skills to develop and implement innovative strategies.
Time, Date, and Place
The Masterclass is delivered over three hours in a live webinar. Attendees should have a computer with microphone and video capability and are expected to participate in these interactive sessions.