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Innovation: the Key to Business Success


FutureLearn

Summary

Price
Free
Study method
Online
Duration
12 hours · Self-paced
Qualification
No formal qualification

Overview

Understand commercial innovation, how ideas emerge and become reality, with this free online course developed with Marks & Spencer

Course media

Description

This short free online course, which benefits from CPD accreditation, is designed for anyone interested in commercial innovation.

Whether you run your own business or are a cog in a bigger wheel, work on your own or are part of a large multinational organisation, this course will help you see how you can be an agent for change and help push forward innovation.

Learn how innovative ideas emerge and become reality

You will see that very few innovative ideas are new; the vast majority take something that is already working and improve it. This may be a product, service or process. Those who are closest to the business often have the most innovative ideas.

At the end of the course you will have a better understanding of:

  • how to encourage and contribute to innovation in your business;
  • how to turn ideas into reality (for the benefit of the business);
  • the role of people in successful innovation.

Explore case studies from major high street retailer, Marks & Spencer

Using case studies from the University of Leeds and major high street retailer, Marks & Spencer, we connect theory and practice to demonstrate the importance of innovation in growing and sustaining a business.

You will explore a range of important innovations, including the introduction of chilled foods and the development of man-made fibres. You will look at how ideas emerge and develop, and their impact not only on the business, but on how we live our lives today.

Through the course you will see that innovation can take many forms and that innovation needs people and organisations with a willingness to embrace change, to wonder “‘what if’,” to challenge the status quo and most importantly to work together.

Successful innovations need both determined individuals and a collaborative approach. Join this course to start your journey of innovation.

Requirements

No previous knowledge or experience of business or innovation is required just an interest in innovations and how they emerge. You may be a student, running your own business or working within a small company or multinational organisation. The course is designed to be flexible so you can study at a time convenient to you.

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.