COURSE OVERVIEW:
The opening years of the 21st century have provided great opportunities for companies that understand and respond to their new marketplaces and global requirements. These years have also shaken companies that have been slow to recognise and deal with the fundamental changes in the economic and social forces that have created these opportunities.
Many companies have continued to develop as powerful agents of business improvement. Some have declined in growth and profitability. Two basic characteristics stand out in the companies that are most successful in leadership and management: their quality of management and their management capital.
One of the primary characteristics of this new 21st-century management is its emphasis on innovation. This is characterised by the institutionalisation, through infrastructure and integration, of constant management innovation, which is also a necessary condition for successful product and service research and development. The emphasis on successful business innovation in pacesetter companies positions those companies for further innovation.
The application and value of modern management extend far beyond its origins in industrial business operations. Modern management is also recognised as essential in organisational performance ranging from education, government, and medicine to international bodies and technology. And smart innovation leads to success in all of these areas. The emphasis here is on the application of new ways to improve results in an enormously demanding and brutally competitive economic, social, political, and international environment.
The many lessons in this course are intended to convey the essentials and the importance of innovation in driving business success in the 21st century.
This course is designed to express and recognise the modern field of management as a body of leadership, technological, behavioural, economic, and multinational knowledge.
LEARNING OUTCOMES:
By the end of this course, you will be able to understand:
· The importance of management innovation
· The key areas of management capital
· How to promote innovation?
· How to expand innovation?
· How to develop management innovation?
· The importance of constancy of management innovation
· Why learn from failures as well as from successes?
· Why be attentive to business disconnects?
· How to emphasise quality of management?
· How to lead smart?
· How to promote management capital?
· How to achieve superior returns on financial capital invested in the business?
· Why be cautious about mergers and acquisitions?
· How to maximise on your soft assets?
· How to develop your business value?
· How to institutionalise innovation?
· How to grow through opportunism?
· Why focus on fixed costs?
· The danger of maintaining high levels of development
· How to focus on customers?
· Why emphasise and encourage creativity?
· Why trust your employees?
· How to sustain and systematise management innovation?
· How to operationalise concepts?
· Why benchmark other companies systematically?
· How to push for major innovation breakthroughs in management?
· The factors involved in the implementation of management capital capacity
· How to maximise management capital capacity?
· The 12 key channels of management capital in pacesetter companies
· How to promote quality of management and leadership?
· How to promote competitive leadership in all the principal management channels?
· How to manage smarter?
· Why exorcise management doctrines that no longer apply?
· How to network responsibility and power throughout your company?
· How to sustain and accelerate profitability and growth?
· How to improve your competitive strength?
· How to compete using technology?
· The important areas for successful and continuing digitised management innovation
· How to lead with your technology?
· How to create and maintain the management capital attitude and emphasis?
· How to reduce or eliminate costs of failures and lost opportunities?
· Why define company results in terms of your customers?
· Why enable and empower your employees?
· Why learn from the best practices of pacesetter companies?
· How to structure continuous improvement?
· How to cultivate best practices?
· How to take competitive advantage of your best practices?
· The four dimensions to lead competitively
· Why recognise the meaning of major business improvement?
· The seven characteristics that distinguish competitive leadership
· How to lead competitively throughout your value chain?
· Why focus on improvement?
· How to utilise staff functions effectively?
COURSE DURATION:
The typical duration of this course is approximately 2-3 hours to complete. Your enrolment is Valid for 12 Months. Start anytime and study at your own pace.
COURSE REQUIREMENTS:
You must have access to a computer or any mobile device with Adobe Acrobat Reader (free PDF Viewer) installed, to complete this course.
COURSE DELIVERY:
Purchase and download course content.
ASSESSMENT:
A simple 10-question true or false quiz with Unlimited Submission Attempts.
CERTIFICATION:
Upon course completion, you will receive a customised digital “Certificate of Completion”.