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Amy Radin and Judy King

Introducing the tools, methods and mindset that will enable contributions to any organizations’ innovation agenda, this course illustrates practical techniques specific to driving innovation. You will learn how and why leading, measuring, and executing innovation takes tools, methods and mindset different from those used to operate an established business. The course addresses the special perspective, opportunities and requirements of accounting and finance professionals, who are uniquely positioned to build a modern partnership with their Digital, Transformation, Product, Marketing, Technology, Operations and other colleagues to help their organization’s innovation efforts succeed. The topics covered will provide you with the ability to:

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Introducing the tools, methods and mindset that will enable contributions to any organizations’ innovation agenda, this course illustrates practical techniques specific to driving innovation. You will learn how and why leading, measuring, and executing innovation takes tools, methods and mindset different from those used to operate an established business. The course addresses the special perspective, opportunities and requirements of accounting and finance professionals, who are uniquely positioned to build a modern partnership with their Digital, Transformation, Product, Marketing, Technology, Operations and other colleagues to help their organization’s innovation efforts succeed. The topics covered will provide you with the ability to:

Describe how innovation can help your organization stay ahead of customer or user needs and other trends needed to survive.

Recognize the top barriers to innovation in your organization

Describe the role of leadership in creating and supporting a mindset of innovation

Explain how the nine elements of the Seek, Seed, Scale framework can be applied as a set of principles and tools within your role to effectively set you up as an innovation enabler for your business or industry.

Recognize areas of opportunity to leverage your skills as a finance professional to assist your business’ innovation efforts, and where these can be enhanced and expanded with new learning.

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Syllabus

Introduction: Innovation Demystified: Practical Tools for Finance Professionals
Introducing the tools, methods and mindset that will enable contributions to any organizations’ innovation agenda, this course illustrates practical techniques specific to driving innovation. You will see how and why leading, measuring, and executing innovation takes tools, methods and mindset different from those used to operate an established business. The course addresses the special perspective, opportunities and requirements of accounting and finance professionals, who are uniquely positioned to build a modern partnership with their Digital, Transformation, Product, Marketing, Technology, Operations and other colleagues to help their organization’s innovation efforts succeed.
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Traffic lights

Read about what's good
what should give you pause
and possible dealbreakers
Examines the Seek, Seed, Scale framework, which can help in innovation at your company
Explores the role of leadership in fostering innovation
Introduces tools and methods to enhance contributions to an organization's innovation agenda
Helps professionals recognize and overcome barriers to innovation
Provides practical techniques tailored to driving innovation
Instructed by Amy Radin and Judy King, who are experienced in the field of innovation

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Reviews summary

Innovation for finance: practical tools & mindset

According to learners, this course is a highly relevant and practical guide for finance professionals seeking to contribute to innovation. Students particularly praise its ability to demystify innovation concepts, offering a clear and structured approach through the Seek, Seed, Scale framework. The course is noted for providing immediately applicable tools and strategies, effectively highlighting the unique role of finance in driving organizational innovation and fostering an innovator's mindset. While it serves as an excellent foundational understanding, some seasoned professionals might find certain sections high-level.
Suited for beginners; less for seasoned professionals.
"I found this course too basic... It feels more suited for junior professionals or those new to the concept of innovation."
"While it's great for foundational knowledge, I was hoping for a bit more on specific financial modeling for innovation projects."
"It's a good introduction, but perhaps not for those with existing experience."
Stresses innovator mindset and leadership importance.
"I appreciated the focus on mindset and leadership."
"I liked the discussion on leadership and mindset."
"The course highlights the unique position of finance in driving organizational change."
Breaks down complex innovation concepts effectively.
"The instructors did a good job demystifying the topic."
"Outstanding course! It genuinely 'demystifies' innovation for finance people."
"The structure makes complex ideas easy to grasp."
The framework is a key, highly praised takeaway.
"The Seek, Seed, Scale framework is practical and immediately applicable."
"The 'Seek, Seed, Scale' model was particularly helpful."
"The Seek, Seed, Scale framework is a game-changer."
Content is highly relevant for finance professionals.
"As a finance professional, I found 'Innovation Demystified' incredibly valuable."
"Finally, a course that connects innovation directly to the finance function!"
"This course completely changed my perspective on my role in innovation. It's not just for tech people."
Provides tools and strategies that are immediately useful in finance.
"The Seek, Seed, Scale framework is practical and immediately applicable."
"I learned practical strategies I can apply to my work tomorrow."
"The tools presented are truly practical, helping me see how finance can partner with other teams."
Learners desired more concrete examples or templates.
"My only wish is for more downloadable templates of the tools discussed."
"Perhaps a bit more on real-world implementation challenges would be beneficial."
"I was hoping for a bit more on specific financial modeling for innovation projects."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Innovation Demystified: Tools for Finance Professionals with these activities:
Innovation Partnership Plan
Create a plan for your partnership with your organization’s innovation team, ensuring you can effectively contribute to your business’ innovation efforts
Browse courses on Innovation Strategy
Show steps
  • Identify your skills and how they can be applied to innovation
  • Research your organization’s innovation initiatives
  • Meet with members of the innovation team to learn more about their work
  • Develop a plan for how you can partner with the innovation team to support their efforts
Show all one activities

Career center

Learners who complete Innovation Demystified: Tools for Finance Professionals will develop knowledge and skills that may be useful to these careers:
Innovation Consultant
Innovation Consultants help organizations develop and implement innovation strategies. The Innovation Demystified course can provide Innovation Consultants with the theoretical knowledge and practical skills needed to succeed in this role. The course covers topics such as the innovation process, the role of leadership in innovation, and how to measure the success of innovation initiatives.
Product Manager
Product Managers are responsible for the development and launch of new products and services. The Innovation Demystified course can equip Product Managers with the skills and knowledge to drive innovation within their organizations. The course covers topics such as how to identify opportunities for innovation, how to develop and test new products and services, and how to measure the success of innovation initiatives.
Technology Manager
Technology Managers oversee the technology operations of an organization. The Innovation Demystified course can provide Technology Managers with the skills and knowledge needed to drive innovation within their organizations. The course covers topics such as how to identify opportunities for innovation, how to develop and test new technologies, and how to measure the success of innovation initiatives.
Entrepreneur
Entrepreneurs create and launch new businesses. The Innovation Demystified course can provide Entrepreneurs with the skills and knowledge needed to turn their innovative ideas into successful businesses. The course covers topics such as how to identify opportunities for innovation, how to develop and test new products and services, and how to raise capital.
Strategy Consultant
Strategy Consultants help organizations develop and implement strategies for success. The Innovation Demystified course can provide Strategy Consultants with the skills and knowledge needed to drive innovation within their organizations. The course covers topics such as how to identify opportunities for innovation, how to develop and test new strategies, and how to measure the success of innovation initiatives.
Human Resources Manager
Human Resources Managers oversee the human resources operations of an organization. The Innovation Demystified course can provide Human Resources Managers with the skills and knowledge needed to drive innovation within their organizations. The course covers topics such as how to identify opportunities for innovation, how to develop and test new HR policies and practices, and how to measure the success of innovation initiatives.
Actuary
Actuaries use mathematics and statistics to assess risk and uncertainty. The Innovation Demystified course can provide Actuaries with the skills and knowledge needed to drive innovation within their organizations. The course covers topics such as how to identify opportunities for innovation, how to develop and test new actuarial models, and how to measure the success of innovation initiatives.
Marketing Manager
Marketing Managers lead teams responsible for developing and executing marketing campaigns that drive innovation and growth. The Innovation Demystified course can help Marketing Managers understand the principles of innovation and how to apply them to their work. The framework for innovation taught in this course provides a framework for developing and executing innovative marketing campaigns.
Data Analyst
Data Analysts collect, analyze, and interpret data to help organizations make better decisions. The Innovation Demystified course can provide Data Analysts with the skills and knowledge needed to drive innovation within their organizations. The course covers topics such as how to identify opportunities for innovation, how to develop and test new data-driven products and services, and how to measure the success of innovation initiatives.
Market Research Analyst
Market Research Analysts conduct research to understand customer needs and trends. The Innovation Demystified course can provide Market Research Analysts with the skills and knowledge needed to drive innovation within their organizations. The course covers topics such as how to identify opportunities for innovation, how to develop and test new products and services, and how to measure the success of innovation initiatives.
Operations Manager
Operations Managers oversee the day-to-day operations of an organization. The Innovation Demystified course can provide Operations Managers with the skills and knowledge needed to drive innovation within their organizations. The course covers topics such as how to identify opportunities for innovation, how to develop and test new processes, and how to measure the success of innovation initiatives.
Investment Analyst
Investment Analysts evaluate investments and make recommendations to clients. The Innovation Demystified course can provide Investment Analysts with the skills and knowledge needed to drive innovation within their organizations. The course covers topics such as how to identify opportunities for innovation, how to develop and test new investment strategies, and how to measure the success of innovation initiatives.
Financial Analyst
Financial Analysts provide financial advice to organizations and individuals. The Innovation Demystified course can provide Financial Analysts with the skills and knowledge needed to drive innovation within their organizations. The course covers topics such as how to identify opportunities for innovation, how to develop and test new financial products and services, and how to measure the success of innovation initiatives.
Finance Manager
Finance Managers oversee the financial operations of an organization. The Innovation Demystified course can provide Finance Managers with the skills and knowledge needed to drive innovation within their organizations. The course covers topics such as how to identify opportunities for innovation, how to develop and test new financial products and services, and how to measure the success of innovation initiatives.
Business Analyst
Business Analysts bring innovation to a business by researching and recommending changes to processes and technology. The Seek, Seed, Scale framework learned in Innovation Demystified can help equip Business Analysts with practical techniques for driving innovation within an organization. This course may provide insights into how to overcome barriers to innovation and build a mindset of innovation, which can be crucial for driving successful innovation initiatives.

Reading list

We've selected 12 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Innovation Demystified: Tools for Finance Professionals.
Provides a background in disruptive innovation theory, helping readers understand why successful companies are often slow to adopt new technologies and why new entrants are often able to gain a foothold in the market. It valuable read for anyone looking to understand the challenges of innovation in established organizations.
Provides a practical guide to implementing the Lean Startup methodology, which emphasizes rapid iteration and customer feedback. As a supplement to this course, it can be used as a reference tool to support course objectives.
Provides a practical guide to implementing the Lean Startup methodology in large organizations, covering topics such as experimentation, customer feedback, and rapid iteration. It valuable resource for finance professionals looking to drive innovation in established businesses.
Provides a practical guide to developing and launching minimum viable products (MVPs) to test and iterate on new ideas. It valuable resource for finance professionals involved in product development or innovation initiatives.
Offers a framework for developing and refining value propositions that meet customer needs and expectations. It good read for finance professionals involved in product development or innovation initiatives.
Offers a practical guide to implementing disruptive innovation in established organizations. It provides additional insights into the challenges and opportunities of innovation management for finance professionals.
Delves into the role of customer choice in innovation, presenting a framework for understanding why customers choose one product over another. adds depth to the course's discussion of market research and customer segmentation.
Offers a comprehensive approach to innovation, covering topics such as organizational culture, leadership, and resource allocation. It provides additional insights into the challenges and opportunities of innovation management.
Examines the characteristics and behaviors of successful innovators, providing insights into how individuals can develop their own innovation capabilities. It valuable read for anyone looking to enhance their personal innovation skills.
Focuses on developing personal creativity and innovation skills. It good read for finance professionals who want to enhance their creative thinking and problem-solving abilities.
Focuses on customer acquisition and growth for startups. While it is primarily geared towards entrepreneurs, it offers valuable insights into the importance of customer-centric innovation and marketing for finance professionals involved in innovation initiatives.

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