March 8, 2010

From single to multi-site, from within a company to across a value chain, from one culture to many, the art of innovation is changing faster than any function within today’s complex global corporation.

Targeting executives in a wide range of functions who are looking to lead more effective innovation, IMD has launched a new program designed to provide an understanding of what it takes to create a global, innovative corporate culture and develop the leadership requirements to manage innovation successfully. Entitled Mastering Innovation Globally (MIG), the program reviews best practices of the world's leading innovators as they source and deliver new products, processes and business models across the globe.

“MIG combines a strong overview of innovation mastery, providing broad exposure to doing this on a global scale, through comparing recognized innovators and analyzing how they operate,” states IMD Professor Bill Fischer, MIG Program Director.

The program examines how corporate cultures can foster innovation, typically encouraging “cross-pollination” and simultaneous – rather than sequential – development stages. It focuses on distinctive leadership requirements and how their ideas are turned into products or services that can quickly be taken to market.

Fischer comments: “Although any significant innovation is generally a team effort, it is surprisingly often driven by a single individual. This program looks closely at the process of creating high-performance teams and becoming an effective leader.”

MIG is held in Japan and Hong Kong, and addresses specific innovation issues in these markets. These include “the China challenge” which covers macro-dynamics and insights from China’s most successful innovators, as well as best-practice lessons from Japanese innovation leaders in China and elsewhere.

The three-day session will be held in Tokyo from June 7 through 9, 2010, and in Hong Kong from October 25 through 27, 2010. Learn more.