KFAS Participants

Wharton/KFAS The Innovation Challenge

Disruptive innovations in business are not random acts of nature — there is a pattern to the phenomena. From the radical innovations that shake up entire industries to the many small innovations that perfect the execution of already successful organizations, innovation can be treated as a process, one that can be managed and turned into a driver of profits and growth.

The Innovation Challenge is a new executive education program from one of the world’s top business schools — Wharton. This program demystifies the complex process of innovation. It shows you how to solve your existing business challenges by taking you inside the structured process of innovation. Learn how to transform ideas into impact, while leading others to creativity.

Who Should Attend

Middle managers and promising leaders with at least five years of professional experience from the KFAS shareholders companies.

To apply for this program, please ensure that you complete the following steps and adhere to the requirements listed below:

• Must be employed by a Private Kuwaiti Shareholding Company
• Provide an updated C.V. reflecting current role and responsibilities
• Sign the Terms & Conditions document

Program Objectives

The Innovation Challenge will bring the combined resources of the Wharton School’s Mack Institute of Innovation Management and the Penn Center for Innovation to the program. Leveraging these outside resources brings a considerable cross-disciplinary approach to the program that combines research and industry insight and enables participants to explore the themes of managing innovation and change ideas into innovation. Participants will work in teams on selected innovation projects and at the end of the program, each of the teams have to come up with an innovative project to present to their companies. Teams will be coached by Wharton-trained executive coaches and faculty.

By attending this program, participants will learn that innovation is a process that can be managed and perfected, just as corporations manage their processes for customer service or employee recruitment. Executive coaching is a key component of this program and will consist of four in-person coaching sessions and four online sessions.

Topics and Activities Include

  • Business Model Innovation
  • Innovative Delivery Models
  • Innovation Tournament Workshop
  • Team coaching by Wharton-trained coaches and faculty
  • Visits to Silicon Valley companies in the United States

Application Deadlines & Selection Process

All applicants will undergo a blind review process by a selection committee. Applicants will be assessed based on experience (minimum 5 years of experience), area of expertise, and comparative merit. Any late or incomplete submissions will be automatically rejected.

Application Deadline: October 15, 2019

All applicants will be notified of their application status two weeks after the application deadline.

IN PARTNERSHIP WITHKuwait Foundation for the Advancement of Sciences

UPCOMING MODULES

Jan. 19–24, 2020
Innovation Tournament
Kuwait City, Kuwait

Feb. 9–11, 2020
Business Model Innovation
Kuwait City, Kuwait

Mar. 22–26 2020
International Experience
The Wharton School, San Francisco, USA

Application deadline: Oct. 16, 2019

To secure your place in the programme, please contact:

Enterprise Learning & Human Development
Innovation & Enterprise Directorate
KUWAIT FOUNDATION FOR THE ADVANCEMENT OF SCIENCE

+965 22278185 or
+965 22278100 Ext. 1879/1881

Faculty


Christian Terwiesch

Christian Terwiesch, PhDSee Faculty Bio

Andrew M. Heller Professor at the Wharton School; Professor of Operations, Information, and Decisions; Professor of Health Policy, Perelman School of Medicine; Co-Director, Mack Institute of Innovation Management

Research Interests: Analyzing operational performance, innovation management, R&D management


Karl Ulrich

Karl Ulrich, ScDSee Faculty Bio

CIBC Endowed Professor; Professor of Operations, Information, and Decisions; Professor of Management; Vice Dean of Entrepreneurship and Innovation, The Wharton School

Research Interests: Environmental issues, product design and development, innovation


Saikat Chaudhuri

Saikat Chaudhuri, DBASee Faculty Bio

Adjunct Associate Professor of Management; Executive Director, Mack Institute for Innovation Management, The Wharton School

Research Interests: Mergers and acquisitions, organizational adaptation, outsourcing, technological innovation


Nicolaj Siggelkow

Nicolaj Siggelkow, PhDSee Faculty Bio

David M. Knott Professor; Professor of Management; Co-Director, Mack Institute for Innovation Management, The Wharton School

Research Interests: Competitive strategy, firms as systems of interconnected choices


David Wessels

David Wessels, PhDSee Faculty Bio

Adjunct Professor of Finance, The Wharton School