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Innovation and Technological Development
Learn how to meet the challenge of disruption through innovationPreview the first lesson free — get full access to all 5 lessons.
Intermediate Provider : Andrea Terrell 5 Lessons · 12m in Arabic, German, English, Spanish, French, Portuguese, Chinese
Course Description
Disruption causes changes that impact businesses. As disruption transforms markets and practices and generates uncertainty, businesses must respond in rational ways that impose order and provide guidance. Meanwhile, businesses need to respond to new technological developments if they want to continue to survive, let alone grow. Companies that evolve find themselves needing to innovate or possibly perish. But how can innovation provide opportunities for continued business growth? What is the essential relationship between innovation, technological development, and disruption? How can businesses create a culture of innovation that leads to growth amid chaos caused by disruption?
In this course on Innovation and Technological Development, you will learn about the nature of innovation and recognize its importance for business growth. You will also learn not only how innovation spurs technological development, but also how technological development can cause disruption. After completing this course, you will be able to explain ways that you can successfully manage innovation in the workplace and ensure continued business growth.
What You'll Learn
- Understand the nature of innovation and why it matters for businesses
- Recognize the importance of innovation for business growth
- Explain how innovation spurs technological development
- Identify how technological development can cause disruption
- Manage innovation in the workplace to ensure continued business growth
Key Takeaways
- Disruption transforms markets and practices and generates uncertainty, requiring businesses to respond in rational ways that impose order and provide guidance.
- Businesses need to respond to new technological developments in order to survive and grow, often needing to innovate or possibly perish.
- Innovation spurs technological development, and that technological development can in turn cause disruption.
- Creating a culture of innovation can help businesses achieve growth amid the chaos caused by disruption.
- Successfully managing innovation in the workplace supports continued business growth.
Frequently Asked Questions
What will I learn in this course?
You will learn about the nature of innovation and its importance for business growth, how innovation spurs technological development, how technological development can cause disruption, and how to manage innovation in the workplace.
What topics or lessons does this course cover?
The course includes an Introduction, Defining Innovation, Innovation and Technological Development, Managing Innovation in the Workplace, and a Test Your Knowledge section.
What is the relationship between innovation, technological development, and disruption covered here?
The course explains how innovation spurs technological development and how that technological development can cause disruption, and how businesses can respond to disruption in rational ways that impose order and provide guidance.
What will I be able to do after completing this course?
After completing the course, you will be able to explain ways to successfully manage innovation in the workplace and ensure continued business growth.
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