Finance and economics

Innovation Management and Controlling

The Innovation Management and Controlling course aims to equip professionals with both practical and theoretical insights into innovation management and measurement. By mastering these concepts, participants will be better prepared to handle the complexities of innovation within their organizations and create tangible impacts. This online course is best suited for professionals eager to elevate their expertise in innovation management and measurement. Regardless of your current level of expertise, our course equips you with the tools to enhance your innovation management capabilities and drive successful strategies.

Price

150€

Workload

1 ECTS

Type

Self-paced online

Languages

English

Instructors
  • Avatar of Teemu Malmi
    Teemu Malmi

    Teemu Malmi is a Professor of Accounting at Aalto University School of Business. He specializes in managerial control systems, strategy implementation and cost, and profitability accounting.

  • Avatar of David Derichs
    David Derichs

    Dr. Derichs is Senior University Lecturer at Aalto University School of Business, Department of Accounting. He is currently engaged in one early-stage startups as senior advisor and draws on more than eight years of international strategy consulting experience at RB (formerly Roland Berger Strategy Consultants).

Learning Outcomes

After completing the course, you will:

  • Develop foundational knowledge of core innovation concepts, types, and their significance in organizational success.
  • Understand the challenges involved in managing innovation.
  • Cultivate the ability to foster and sustain an innovative culture within organizations.
  • Recognize the importance and impact of incentives and rewards in encouraging innovation.
Course Structure

The course consists of 8 modules, each focusing on a specific topic.

These modules include a mix of text-based and audio materials, personal reflections, recommended readings, and knowledge checks. You’ll have the opportunity to explore various aspects of innovation and develop a comprehensive understanding.

The language of the course is English. You can complete the course flexibly at your own pace.

The estimated study time of the course is 27 hours equivalent to 1 ECTS and learners have access to the course materials for 8 weeks. You can complete the course flexibly at your own pace.

Module structure

  • Module 1: Innovation Management Introduction
  • Module 2: Innovation Management Challenges
  • Module 3: Control Theory and Innovation Management
  • Module 4: Building a Culture of Innovation
  • Module 5: Introduction to Innovation Measurement
  • Module 6: The Balanced Scorecard and Innovation Management
  • Module 7: Improving Innovation Management Practices
  • Module 8: Incentivizing and Rewarding Innovation