Innovation Culture Catalyst (ICC): The Game Changer

Innovation & Business Improvement

Next Intake: 6 Nov 2024 (Wed)

Basic
SkillsFuture
Short Courses
This module is part of SMU-CPA Australia Finance Game Changer Series

This module is conducted in-person.

Next course starts on

6 Nov 2024 (Wed) See Full Schedule

Fee

SGD1,744* (as low as SGD203.20 after maximum funding) Learn More

Duration

2 days
Weekdays (9am - 5pm)

Level

Basic

Who Should Attend

Anyone in the organisation/ business from c-suite members to analysts that has a hunger to innovate. The course is created to cater to all levels to learn, practice, and understand how to shape innovation culture to prepare themselves and their teams for the future.

PREREQUISITES

There are no prerequisites for this programme. Prior knowledge on any of the topics is not required.

Overview

This interactive two-day class is designed to provide practical guidance to transform mindsets and strengthen innovation culture within the financial service organisations and beyond.

This interactive two-day class is designed to provide practical guidance to transform mindsets and strengthen innovation culture with organisations be they financial service firms or SMEs. These important principles a valid across the board.

Everyone can learn to be more innovative. The course explores how powerful the growth mindset is. Participants will be introduced to four fundamental ingredients that contribute to a culture conducive to innovation. This course includes hands-on activities for participants to practice newly learned skills and discuss practical considerations. The course also discusses the innovation culture framework which consists of leadership, environments, systems & processes, passion & grit. Participants will graduate from this class as an Innovation Culture Catalyst; someone who is equipped with tools to help shape company culture and promote creativity amongst the team.

Learning Objectives

Learn, practise and plan using 4 foundational aspects of shaping innovation culture and mindset in their organisation
Understand and learn the role of the leader in innovation
Explore the impact of environments to foster Innovation and Creativity through utilising design
Learn about Innovation systems and processes and develop an understanding and importance of emotional connection, passion, perseverance and grit in developing sustainable innovation

Participants will be able to earn 14 CPD Points awarded by CPA Australia when they attend this module.

Topic/Structure

Innovation Culture Catalyst

Culture is the foundation for all innovation efforts. Methods and technologies cannot be successfully implemented without the right culture and mindset.

COURSE CONTENT

Part 1: Leadership

Mindset (Fixed vs. Growth)
Everyone Can Innovate
Innovation Definitions – It’s the Starting Point That Matters
It’s a Team Sport
The Balance Between Knowing and Experimenting

At the end of this segment, participants will learn how the innovation mindset makes a crucial difference in creating novel propositions and solutions. They will understand how leaders need to create a movement around their efforts. Through hands-on exercises, participants will understand the importance of experimentation.

Part 2: Environments

Physical Space
Mental Space
Impact of Digital Environments

This segment focuses on the importance of physical and mental environments to support creativity. Participants will see examples of how environments can shape one’s mood, state of mind and productivity.

Part 3: Systems & Processes

Systems & Processes are a Medium-Term Game
How to Achieve Optimal Results with Your Innovation Strategy

This segment examines innovation systems and processes in organisations outside of financial services. We discuss how change programs need to consider existing culture, capabilities and processes to be successful. Cultural change does not happen overnight. Participants will learn how to support longer-term innovation program and identify quick wins and the same time.

Part 4: Passion & Grit

Passion
The Role of Grit
Timing

Here the course will touch on the fuel of innovation – passion. Participants will explore how it can be harnessed to develop sustainable innovation and how persistence and practise are essential components to any change initiative.

Assessment

As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.

Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by Singapore Management University.

Calculate Programme Fee

Fee Table

COMPANY-SPONSORED

PARTICIPANT PROFILE

SELF-SPONSORED

SME

NON-SME

Singapore Citizen < 40 years old

Permanent Resident

LTVP+

$523.20

(After SSG Funding 70%)

$203.20

(After SSG Funding 70%
+ ETSS Funding 20%)

$523.20

(After SSG Funding 70%)

Singapore Citizen ≥ 40 years old

$203.20

(After SSG Funding 70%
+ MCES Funding 20%)

$203.20

(After SSG Funding 70%
+ ETSS Funding 20%)

$203.20

(After SSG Funding 70%
+ MCES Funding 20%)

International Participant

$1,744

(No Funding)

$1,744

(No Funding)

$1,744

(No Funding)

All prices include 9% GST

SkillsFuture Level-Up Programme for Mid-Career Individuals
A SkillsFuture Credit (Mid-Career) top-up of $4,000 will be provided to Singaporeans aged 40 years and above to further offset out-of-pocket course fees for this programme.

Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.

Self Sponsored

SkillsFuture Credit: Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.

This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.

Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).
Workfare Skills Support Scheme: From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.

Company Sponsored

Enhanced Training Support for SMEs (ETSS)

Organisation must be registered or incorporated in Singapore
Employment size of not more than 200 or with annual sales turnover of not more than $100 million
Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
Trainees must be Singapore Citizens or Singapore Permanent Residents
Trainees must not be a full-time national serviceman
Trainees will be able to enjoy ETSS funding only if the company's SME's status has been approved. To verify your SME's status, please click here.

Please click here for more information on ETSS.

Absentee Payroll