Disruptive Innovation and Global Strategy

About the Course

In today's rapidly evolving business landscape, organisations face the dual challenge of harnessing innovation and navigating global markets to maintain a competitive edge. This 5-day intensive Disruptive Innovation and Global Strategy training course offers a deep dive into the strategic importance of innovation, with a specific focus on disruptive innovation and its integration into global strategy development. Delegates will explore the multifaceted nature of innovation, from its fundamental principles to its strategic implications for organisational growth and sustainability. They will delve into the concept of disruptive innovation, examining its origins, evolution, and potential impact on global markets. By blending theoretical insights, practical case studies, and interactive exercises, delegates will develop the skills and knowledge to assess, implement, and manage disruptive innovation initiatives within their organisations. In addition to innovation-focused sessions, it provides a comprehensive overview of global strategy development.

Delegates will gain a deep understanding of global strategy frameworks, key differences between global and domestic strategies, and strategies for navigating global markets effectively. They will explore global market analysis, strategic positioning, entry mode strategies, and organisational development in a global context. It culminates in a dedicated exploration of how disruptive innovation operates in global contexts. Delegates will learn to analyse and evaluate risks associated with disruptive innovation, develop strategies for implementation, and align innovation initiatives with established practices and strategies on a global scale. They will emerge with a holistic understanding of innovation and global strategy, equipped with practical tools, strategies, and frameworks to drive organisational growth and competitiveness in today's dynamic business environment. It offers invaluable insights and actionable strategies for success in the ever-changing global marketplace.

Core Objectives

The delegates will achieve the following objectives:

• Gain insight into the role of innovation in driving organisational success and competitive advantage
• Recognise the strategic importance of both enabling and disruptive innovation in achieving long-term growth and sustainability
• Define disruptive innovation and differentiate it from other types of innovation
• Analyse the origins and evolution of disruptive innovation and its impact on various industries and markets
• Learn techniques for assessing the potential impact of disruptive innovations on global markets
• Acquire a comprehensive understanding of global strategy frameworks and approaches
• Identify key differences between global and domestic strategies and their implications for organisational success
• Develop strategies for monitoring, managing, and mitigating risks while maximising the potential for disruptive impact
• Explore practical guidelines and best practices for successfully implementing disruptive innovations within multinational organisations
• Understand how to align and integrate disruptive innovation initiatives with established practices and strategies on a global scale

Training Approach

This training course adopts a dynamic and versatile approach, seamlessly using traditional classroom instruction. Delegates will benefit from a rich learning experience that combines the immediacy of face-to-face interactions in the classroom. Our methodological approach prioritises engagement through real-life examples drawn from various industries, compelling case studies that bring theoretical concepts to life, and the latest research findings. This amalgamation of methods ensures a comprehensive and practical learning journey, allowing delegates to not only grasp theoretical frameworks but also apply them to real-world scenarios, enhancing their problem-solving and decision-making skills. Its design emphasizes active participation, fostering a collaborative and interactive learning environment catering to diverse learning styles.

The Attendees

This training course is tailored for seasoned professionals seeking to improve innovation and global strategy skills in the face of evolving business landscapes. Geared towards individuals in various leadership roles, it caters to Global Managers, HR Managers and Professionals, Project Managers, Marketing Managers, Strategist, Engineers, and other Executives keen on honing skills vital for steering organisations through dynamic changes. Ideal delegates include those responsible for strategic decision-making, change management, and fostering organisational flexibility. Whether from human resources, law, project management, or engineering, this course provides a targeted and inclusive learning platform for leaders navigating challenges in today's dynamic public environments.

Likewise, it will be valuable to the professionals but not limited to the following:

• Compliance Managers
• Global Team Managers
• Product Development Managers
• Project Managers
• Procurement Managers
• Operations Managers
• Finance Managers
• Lawyers
• Public Policy Managers
• Health Services Managers
• IT Managers
• Supply Chain Managers
• Quality Assurance Managers
• Research and Development Managers
• Customer Relations Managers

Daily Discussion

DAY ONE: WHAT IS INNOVATION? KEY BUILDING BLOCKS

• Introduction to Innovation 
• Different Types of Innovation
• The Strategic Importance of Innovation – Why Innovate?
• When and How Disruptive Innovation was First Introduced?
• When is a Disruptive Innovation an appropriate strategic approach?
• What can we learn from the experience of successful disruptors?
• Deciding which Innovation – Enabling or Disruptive? 

DAY TWO: THE CONCEPT OF DISRUPTIVE INNOVATION

• Assessing the Potential Impact of a Disruptive Innovation
• Innovation in Product and Service
• Innovation in Business Model and Organisational Structure
• Corporate Incubation – How to upscale a viable disruptive innovation?
• Preparing Your Teams for Disruptive Innovation

DAY THREE: GLOBAL STRATEGY DEVELOPMENT

• Introduction to Global Strategy
• Definition and Significance of Global Strategy in Today's Business Landscape
• Key Differences Between Global and Domestic Strategies
• Overview of Global Strategy Frameworks and Approaches
• Globalisation Trends and Implications
• Analysis of Current Trends Driving Globalisation
• Cultural Intelligence and Global Strategy
• Techniques for Conducting Comprehensive Global Market Analysis
• Identifying Opportunities and Threats in International Markets
• Tools and Frameworks for Assessing Market Attractiveness and Competitive Dynamics

DAY FOUR: FORMULATING GLOBAL STRATEGY

• Strategic Positioning in Global Markets
• Understanding Competitive Positioning and Differentiation in Global Markets
• Strategies for Achieving Sustainable Competitive Advantage
• Entry Mode Strategies
• Evaluation of Different Entry Modes for International Expansion
• Factors Influencing Entry Mode Selection
• Best Practices in Entry Mode Strategies

DAY FIVE: DISRUPTIVE INNOVATION WORK IN GLOBAL TURF

• Analysing and Evaluating Risk – Disrupt or Be Disrupted?
• Strategies for Assessing and Mitigating Risks while Maximising the Potential for Disruptive Impact
• Monitoring and Managing Risk – Decisions on the Next Stage
• Tools and Techniques for Ongoing Monitoring and Management of Disruptive Innovation Risks
• Best Practices for Agile Risk Management in the Context of Global Strategy Implementation
• Guidelines on the Implementation of Disruptive Innovations
• Strategies for Integrating Disruptive Innovation into the New Product Development Process
• Approaches for Identifying Unmet Needs and Creating Breakthrough Solutions for Global Markets
• Techniques for Fostering a Culture of Experimentation and Creativity within Research and Development Teams
• Examples of Breakthrough Innovations that Originated in Research Laboratories and Disrupted Global Markets
• Disruptive Innovation in Organisational Development
• Aligning and Integrating Innovation with Established Practices