- Students and Parents
- Financial Challenges for Entrepreneurial Leaders
- Venture for Brand Power
- Venture for Design Thinking
- Venture for Discovery Part I
- Venture for Discovery Part II
- Venture for Entrepreneurial Finance
- Venture for Growth
- Venture for Innovation Leadership
- Venture for Market Leadership
- Venture for Product Innovation
Our Venture for Product Innovation™ program provides participants with an intensive, “hands-on” course focusing on the creation, evaluation, and early development of new innovative products/services. For each new product/service, key issues are addressed in a fashion highly consistent with lean product development methodologies including: minimal viable product design, visual model embodiment, feasibility assessment, early prototype development, resource and cost analysis, and go-to-market strategies.
At the highest level, you will come away with clear answers to the following questions:
- What are the issues, tensions, and relationships faced by entrepreneurs as they build a new product/service?
- What are common challenges found in creating new products and services?
- What are the key components that are required to realize the product/service?
- How do you model an early prototype that can effectively communicate the innovation potential to the customer?
- What is the most agile and lean strategy to develop new products and services?
- How do you come up a fairly accurate cost estimate to build the product/service based on reasonable, benchmarked assumptions?
- What metrics are critical to measure and monitor new products/services success?
- What are the skill sets, resources and team structure for successful launch and early stage growth?
The program uses a proprietary sequence of modules and tools to support the development of your new product/service. You will learn how to use tools required to design and give form to your product/service, from ideation to launch preparedness. Specific skill development and issues covered include:
- Design Thinking: Understanding the core concepts of form and function, proportion, materiality and more
- Idea Conceptualization: Creating a visual representation that conveys the product/service idea in a concise manner
- Model Design: Using appropriate tools to convert the idea concept into an implementable model
- Computer Aided Prototype Creation: Practice prototype design emphasizing the use of computer-supported tools in the design process
- Realization Strategies: Identifying what should be included in the Minimum Viable Product (MVP), creating an implementation path for the fully functional product/service
- Key Partners: Understanding your industry ecosystem to facilitate appropriate relationships with manufacturers and suppliers
- Profit Models: Identifying the costs required to build your product and accurately project costs of goods sold
- Product Team Management: Selecting team members with the right mix of knowledge and skills