Business Innovation and Product Strategy: Global Academy of Technology-MBA
Introduction
Global Academy of Technology-MBA(GAT) emphasises business innovation and product strategy to prepare MBA students for creating market-leading products. The program equips learners with skills to conceptualise innovative solutions, design products, and implement effective strategies. Global Academy of Technology-MBA students gain practical exposure through projects, workshops, and industry collaboration. The curriculum integrates innovation frameworks, product lifecycle management, and competitive analysis.
Idea Generation and Brainstorming
- Global Academy of Technology-MBAconduct ideation sessions to generate innovative concepts.
- Evaluate ideas for feasibility and market potential.
- Prioritise concepts based on strategic value.
- Analyse industry trends to inspire innovation.
- Align ideas with business objectives.
Product Development Lifecycle
- Plan product design, testing, and launch phases.
- Coordinate cross-functional teams effectively.
- Monitor timelines, costs, and resource allocation.
- Implement iterative improvements based on feedback.
- Ensure products meet quality and market standards.
Innovation Management
- Foster a culture of creativity and experimentation.
- Apply innovation frameworks for business challenges.
- Monitor outcomes of innovation initiatives.
- Encourage continuous improvement in products.
- Align innovation with organisational strategy.
Market Research and Analysis
- Analyse customer needs and preferences.
- Conduct competitor benchmarking and trend analysis.
- Monitor product performance in target markets.
- Use research insights for strategic decisions.
- Adjust product strategy based on data-driven insights.
Global Product Strategy
- Benchmark global product innovations and trends.
- Adapt products for international markets.
- Monitor global competitors and consumer behaviour.
- Implement cross-border product launch strategies.
- Evaluate performance against global benchmarks.
Commercialisation and Market Launch
- Develop go-to-market strategies for products.
- Monitor adoption and sales performance metrics.
- Plan scalable distribution and production processes.
- Adjust strategies based on market feedback.
- Ensure long-term profitability and impact.
Conclusion
Global Academy of Technology-MBA in Business Innovation and Product Strategy equips students to design, launch, and manage innovative products effectively. The curriculum integrates idea generation, product lifecycle management, innovation, market research, global strategy, and commercialisation. Students gain practical exposure through projects, workshops, and industry collaboration. Creativity, strategic thinking, and customer focus are emphasised throughout the program.