Innovation Culture Catalyst (ICC) and Mindset: The Secrets that Drive People and Innovation Programmes

Programme Code: CRS-N-0048803


This interactive one-day class is designed to provide practical guidance to transform mindsets and strengthen innovation culture within financial services firms.

This module is part of SMU-CPA Australia Finance Game Changer Series.

This interactive one-day class is designed to provide practical guidance to transform mindsets and strengthen innovation culture within financial services firms.

Everyone can learn to be more innovative. The course explores how powerful the growth mindset is. Participants will be introduced four fundamental ingredients that contribute to a culture conducive to innovation. This course includes hands-on activities for participants to practise 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.

Next Course Starts On28 Jun 2019 (Fri) See Full Schedule
Fee SGD856.00* (as low as SGD96.80* after maximum funding) Learn more

1 day



Learning Objectives

At the end of the course, participants will be able to:

  • 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; and
  • learn about Innovation systems and processes and develop an understanding and importance of emotional connection, passion, perseverance and grit in developing sustainable innovation.


Innovation Culture Catalyst

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




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 organizations 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.

Who Should Attend

Anyone in the company from c-suite members to analysts. The course is created to cater to all levels to learn, practise and understand how to shape innovation culture to prepare themselves and their teams for the future in finance.


An assessment will be conducted at the end of the course.

Fees and Funding

SkillsFuture Series

Course fee grant at 70% of course fees (excluding GST) for participants who are successfully enrolled by SMU into approved courses under the Programme. Participants must be Singapore Citizens or Singapore Permanent Residents.

SkillsFuture Mid-Career Enhanced Subsidy ("MCES")
Up to 90% of course fees for Singapore Citizens aged 40 years and above

Enhanced Training Support for SMEs ("ETSS")
Up to 90% of course fees for employees of SMEs who are Singapore Citizens or Permanent Residents

Workfare Training Support Scheme ("WTS")
Up to 95% of course fees for Singapore Citizens aged 35 years and above (13 years and above for persons with disabilities) earning a monthly income of not more than S$2,000.

SkillsFuture Credit
Singapore Citizens aged 25 and above, and self-funding may use their SkillsFuture Credit (up to S$500) to defray part of the course fee. Please click User Guide on how to submit your claim. SkillsFuture Credit claims may be submitted by logging in via

Absentee Payroll
Companies who sponsor their employees for the course may apply for Absentee Payroll via the SkillsConnect system. For more information, please visit SkillsConnect.


Full Fee: S$856 per participant (including GST)

Nett fees payable per participant after SSG) Funding:

  • S$256.80 (including GST) for Singapore Citizens and Singapore Permanent Residents
  • S$96.80 (including GST) for Singapore Citizens aged 40 years and above


Start Date(s)
Intake Information
intake 115 March 2019 (Completed)
INTAKE 228 June 2019 (Open for Registration)

Speaker/Trainer Bio

Derek Ariss
Head of Innovation Education, Lightbulb Capital

Derek is Head of Innovation Education at Lightbulb Capital and is responsible for building the education practice, focusing on creativity, design thinking, technology, culture and mindset conducive to innovation in finance. He previously provided guidance to the company as an Advisory Board Member.

Prior to his current role, Derek was the Head of Innovation at LandLease. He was responsible for designing processes to deliver improved products and systems, nurturing a culture of innovation in Asia, and developing productive relationships with organisations that focus on innovation and growth. Before his position as Head of Innovation, he was Head of Retail Operations overseeing the retail assets managed by the company across Asia. Derek has over 14 years of experience in facilitation, marketing communication, public relations, property, and general management. Having worked in organizations such as Stockland and Burson-Marstellar, Derek also accumulated operations expertise in shopping centers, convention halls, museums, aquatic centers and gymnasiums. 

Derek holds an MBA in International Marketing and Strategy and Bachelor of Commerce (Honours) from University of Windsor, Canada, a Bachelor of Science in Psychology and Biology (Honours) from McMaster University.


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