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About the Professional Diploma in Entrepreneurship and Innovation
Program Highlights
- Duration: 3 Months
- Credit Value: 40
- Modules: 2
- Level: 11
- Dual Certification
The Professional Diploma in Entrepreneurship and Innovation is designed to empower learners to thrive in today’s fast-paced business world. By blending cutting-edge theoretical insights with hands-on experience, this program helps learners master the art of managing innovation and driving change. They will learn to harness design thinking, turn creative ideas into actionable plans, and launch successful ventures. With a focus on fostering creativity and evaluating opportunities, learners will be well-prepared to elevate organizational performance and achieve strategic objectives.
Key Learnings
- Apply Design Thinking to address complex business challenges and drive innovation.
- Analyze and interpret data to identify and seize potential innovation opportunities.
- Understand the key dimensions and dynamics of products and services in entrepreneurship.
- Utilize collaborative innovation techniques to enhance value creation and growth.
- Develop and test prototypes to validate ideas and solutions with end users.
- Implement and evaluate entrepreneurial theories and frameworks in real-world contexts.
This Professional Diploma is a three-month course, comprising two modules. Both modules are necessary to achieve this qualification.
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Modules
The Managing Innovation module is designed to provide learners with an advanced understanding of innovation management principles and practices. Through a combination of theoretical insights, practical workshops, and real-world case studies, participants will develop the knowledge, skills, and competencies required to lead innovation initiatives within organizations. By the end of the module, learners will be equipped to drive innovation, foster creativity, and enhance organizational performance in today’s dynamic business environment.
Upon completion of the module, learners will be able to:
- Discuss Design Thinking as a tool of Innovation.
- Collaborative innovation as the new imperative – design thinking, value co-creation, and the power of “pull.”
- Careful evaluation of the data compiled in the first stage “What is”; and identifying a range of opportunities for a possible future “What if”, as drivers of innovation.
- Building prototypes and testing them with end users is the last stage of the Design Thinking process in innovation.
The module equips learners with an in depth understanding of key dimensions in products and services, entrepreneurship, and innovation frameworks, enabling them to critically evaluate and apply theories in real-world scenarios. Through rigorous analysis and practical application, they develop advanced skills to identify entrepreneurial opportunities and effectively set up new ventures, both locally and globally. Emphasis is placed on conceptualizing business ideas in terms of their value proposition, resource requirements, and strategic positioning, fostering autonomy and accountability in professional decision-making. By integrating theoretical knowledge with practical skills, learners emerge prepared to navigate complex business landscapes and drive innovation in diverse organizational contexts.
Upon completion of the module, learners will be able to:
- Understand the key dimensions of products and services: Tangibility, simultaneity, storage, customer contact, location.
- Critically evaluate the full range of entrepreneurship and innovation theoretical frameworks, research approaches and techniques in real life organizational settings.
- Develop advanced ability to critically evaluate entrepreneurial opportunities and set up new ventures in a local and global context.
- Conceptualizing your business idea in terms of the Concept, the Value that it creates to the end User, and the Resources you require to deliver it.
This qualification is perfect for anyone eager to thrive in today’s fast-paced business world. It’s for those who want to lead innovation, launch new ventures, and drive growth within their organizations. If you’re looking to sharpen your strategic thinking, turn creative ideas into successful projects, or inspire change, this program provides the practical skills and insights you need to tackle challenges and achieve your professional aspirations.
Completing this qualification opens up a range of exciting career opportunities, from leading innovative projects to launching successful ventures. Graduates are well-equipped to advance in roles such as
About Sottish Qualifications Authority
The Scottish Qualifications Authority – SQA, sponsored by the Scottish Government’s Learning Directorate, has two primary roles: accreditation and qualifications. It accredits credentials other than degrees and approves and guarantees quality to notify bodies that intend to admit individuals for such qualifications. The awarding body, on the other hand, refers to the development and implementation, validation, evaluation, qualifications, and ensuring that they are up to date and that certificates are issued to candidates. Under these functions, the SQA provides a variety of services for companies and training providers, from training courses and central approvals to personalized awards, credit scores, and licensing services.
Why SQA?
- SQA Qualifications are recognised worldwide.
- Qualifications provide clear educational and employment progression pathways and are supported by the industry.
- Provides vocational skills specific to occupations or sectors.
- Each SQA qualification is benchmarked against qualifications on the Scottish Credit and Qualifications Framework (SCQF)
About Chartered Management Institute (CMI), UK
The Chartered Management Institute (CMI) works with businesses and educational institutions to inspire people to become skilled, confident, and successful managers and leaders.
Chartered Management Institute is the only chartered professional body dedicated to promoting the highest standards in management and leadership excellence.
Over 100,000 managers use CMI’s unique services regularly. Organizations like Jaguar, Land Rover, Royal Bank of Scotland, Fujitsu, Allianz, Silverstone, Royal Air Force, London South Bank, and Royal College of Physicians amongst others use Chartered Management Institute certifications for certifying their professionals.
Why CMI?
- CMI promotes the highest standards in management and leadership excellence.
- It is the ultimate management accolade backed by a unique royal charter.
- Provides practical insight for both today’s leaders and the next generation.
- Currently has 100k active learners and boasts 12000+ Chartered managers.
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By providing your contact details, one of our academic advisors will contact you soon.
