Learn the framework, processes and tools to develop and implement innovation strategy in the life science sector - creating value and driving growth
For professionals working in the pharmaceutical, biotech and medical device industries
Course Overview
In a world where products, customers and technology are continually changing, organisations must evolve and adapt to serve their customers and remain competitive. The life science sector is no exception, where innovation is achievable throughout an organisation, generating value for the end user.
The Life Sciences sector is faced with unique challenges when trying to be innovative such as long innovation cycles and operating in highly regulated markets with large R&D costs. A novel and differentiated approach is needed in all areas of the life sciences – including product idea generation, research, product development, manufacturing, and commercial - to generate value.
Over two days you will learn the fundamentals of innovation leadership enabling your organisations to be more productive in innovating and creating value. You will learn best practice to design and implement an innovation strategy - creating value uplift throughout the business. You will explore how to implement radical and incremental innovation with limited resources, creating opportunities for your business. Through a deep understanding of innovation-based value creation you will have the tools overcome a major management challenge in the life sciences - how to best identify and develop innovative products with speed, quality, and at a reasonable cost.
What will you learn?
Examine innovation
Analyse innovation management and execution within a life science context and assess how to create the strategy and culture, as well as how to apply innovation processes and tools in your organisation
Innovative culture
Learn how to build an environment and culture in your company that encourages innovation in life sciences
Innovation strategy
Gain the knowledge to develop and implement an innovation strategy at the corporate level, benefiting all levels of your business
Portfolio management
Learn how to maximise the value of your innovation portfolio, and how best to leverage innovation found outside your business
Customer-centric
Examine how to be innovative with a focus on your customer
Protect innovation
Examine strategies to protect the value created by various means, including intellectual property generation, branding, and other means
Lead innovation
Learn how to strengthen your innovation leadership skills to drive change
What you will receive?
Executive dinner
Group networking dinner at a restaurant local to the venue
Online portal
Access to course materials and an online discussion forum
Innovation action plan
A takeaway plan to get your innovation strategy up and running back at your organisation
Who is this course for?
The course has been specifically designed for senior management within the life sciences sector who would like to understand how best to drive innovation-based value creation in their organisation.
It is aimed at life science leaders within the Pharmaceutical, Biotech and Medical Device industries and is also applicable to the life science services and the vendor sector such as CROs and CMOs.
To fully benefit from the course, you should be a senior manager with extensive experience in the life science sector. You will also have responsibility, input or oversight into the business/department strategy and in a position to implement an innovative approach to management. The course is aimed at leaders at the corporate and business unit level and includes C-Suite, Vice Presidents, Directors, and Lead Scientists.
If you are unsure whether the course is for you, please get in contact with our team for more information.