Leverage Artificial Intelligence to Enable Open Innovation and Business Resilience and Agility
Instructor
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George TsekourasDr, DPhil, Director of CENTRIMGeorge is the Director of CENTRIM. He has led the research in the area of innovation and entrepreneurship in areas like peer-to-peer learning networks, innovation coaching, planning and implementing new product development strategies, fostering linkages with external research, open innovation for SMEs, public-private innovation partnerships and innovation in social enterprises.
He is the founder of a number of peer-to-peer learning networks in UK, Ireland, South Africa and Greece, which have supported more than 2,000 SMEs around the world. He was the coordinator of the RAPPORT consortium (www.rapport-project.eu), which looked at best practices to connect SMEs to the public or private research organisations. Currently, he works for a consortium that helps the European Commission to design the SME Instrument scheme, a new scheme to support innovation by European SMEs.
George has also worked in other innovation areas like innovation benchmarking, industry forecasting and business process re-engineering. He has a first degree in mechanical engineering and a DPhil in innovation management from SPRU at the University of Sussex. He is the author of a number of papers in academic journals, books and international conferences while he has designed and delivered many executives training and consultancy programmes on innovation-enabled entrepreneurship.
Today’s economy is very competitive, demonstrating high rates of business failures but also several cases of astonishing business success. The trends in technology and the market are changing with breathtaking pace, forcing executives and managers to a regular review of their businesses with the mission of building strategies of resilience, adaptation and agility.
A continuous investment in human resources coupled with a wholehearted support of innovative ideas can deliver a company which is able to pivot in the right markets and flourish. Yet, this strategy depends critically on two important requirements:
i. knowledge and know-how of mature innovation activities (e.g. new product development) to deliver value from new ideas.
ii. updated and relevant information and data (e.g. on evolving customer preferences or the emerging technologies).
iii. latest strategies open innovation management with the power of Artificial Intelligence (AI) to source the necessary information.
- After completing the training program, the trainees will be able to:
• Identify the new trends in the technology and the market of their enterprise with the help of AI tools and services
• Assess the business model of their enterprise and develop a range of improvement and development initiatives
• Develop innovation priorities to enhance the competitiveness of their enterprise using the capabilities offered by AI
• Design a portfolio of innovation projects to address the innovation priorities using the potential of AI
• Identify market opportunities and develop relevant offering concepts using the capabilities offered by AI
• Introduce an integrated business development roadmap supported by an integrated tool set of AI to enable the implementation of the innovation projects
• Value the potential financial help their enterprises can receive from national EU innovation funding programs
• Understand the critical success factors for winning a bid for national EU innovation funding programs
The participants should be managerial staff with key responsibilities in their company. This includes Managing Directors, CEOs, business partners, Heads of departments and/or teams, senior managers from various functions (e.g.marketing, legal, financial, research &development etc.), managers with special missions (e.g. new product development), small business owners etc.
Recent Program Participants
Hourly Schedule
Day 1
- 07:45 - 08:45
- Thriving business: Why innovation?
- Introductions. What is innovation? How innovation is linked to business survival and business development?
- 08:45 - 09:45
- The rise of AI and its Business Value
- What is AI? The history of AI. AI: enhance high skills or replace low skills? How AI helps today business to evolve and become more competitive?
- 09:45 - 10:00
- Coffee Break
- 10:00 - 11:00
- Our Business Model: Assessing Strengths and Weaknesses
- Value proposition and Customer needs Strengths & Weaknesses of your business aspects: products, processes, customer etc.
- 11:00 - 12:15
- Our Market: Leverage AI to identify challenges and opportunities
- Asses own offering towards customer preferences and experiences. Use AI to understand the market trends in our sector. Use AI to understand the technology trends in our sector.
- 12:15 - 13:15
- Lunch Break
- 13:15 - 14:45
- Leverage AI to Explore new market opportunities & Develop new offerings concepts
- Introducing a roadmap for business development – the six phases Key business questions to ask for exploring new opportunities & develop new concepts. Use AI to identify market gaps in your business.
- 14:45 - 15:00
- Coffee Break
- 15:00 - 16:15
- Leverage AI to Validate new concepts and Launch in the market
- How to validate a new concept and launch in the market. Key business questions to ask for validating new concepts and launching in the market. Use AI to validate new concepts and launch in the market.
Day 2
- 07:45 - 08:45
- Leverage AI to enable Scaling-up and Expansion
- How to scale-up and expand. Key business questions to ask for validating new concepts and launching in the market. Use AI to validate new concepts and launch in the market.
- 08:45 - 09:45
- Leverage AI to develop the right Partnership Agreements
- Set Key Performance Indicators (KPIs) for Partnerships. Key business questions to ask for the right Partnership Agreements Use AI to choose the right partnership model and develop the right partnership.
- 09:45 - 10:00
- Coffee Break
- 10:00 - 11:00
- Innovation Talents for Business Development: Identify and Understand them
- Define the required talents for innovation and business development Assess yourself, your partners, your colleagues and your employees.
- 11:00 - 12:15
- Innovation Talents for Business Development: Give then the right job at the right time
- Assigning innovation talents to the business development plan: Who, what and when? Assign internal people to business development plan & identify external collaborators Equip them with and train them.
- 12:15 - 13:15
- Lunch Break
- 13:15 - 14:45
- External funding opportunities – Using AI as leverage
- The EU Funding (Horizon Europe) versus National funds (IDEK) Case Studies: Success stories, tips, strategies and good practices.
- 14:45 - 15:00
- Coffee Break
- 15:00 - 16:15
- Submitting a good proposal for external funding
- Designing and deploying successful proposals.
Practical Exercise
'Oροι και Προϋποθέσεις
The above seminar is fully subsidized by HRDA on the condition that the following criteria is stringently adhered to:
1. Cameras and microphones must be open for the duration of the seminar.
2. Participation for the whole seminar must exceed 75%.
3. 1 device per person must be used.
4. You must ensure you check in punctually at the beginning of the seminar and check out at the end of each day.
5. You are obligated to participate in the follow up onsite 4 Hour visit and you must ensure you check in and check out promptly.
In the event the criteria is not fulfilled satisfactorily and you are rejected by HRDA, please note that you as an individual or your company will be liable to pay the participation fee of €1800.
Finally, please see our cancellation policy:
– Cancellations can be accepted up to 5 working days prior to the seminar without penalties. For any cancellations received after the deadline (or no-shows), the individual or company will be invoiced the full amount per participant.
– Substitutions can be accepted up to 2 working days prior to the seminar without penalties.