ACPM: Innovation Management

Enhance qualifications in corporate development and gain tools and skills to initiate and improve innovation processes in business. The knowledge acquired will help build a flexible system that responds quickly to external changes, enabling the creation of timely solutions that are profitable for entrepreneurs and valuable for consumers.

Requirements for candidates

Completing the certification program does not require specific education or experience, but basic knowledge of management, economics, and finance will be an advantage.

Terms of study

6.5

hours

Auditorium hours

3.5

hours

Hours for self-study

10

hours

Total course duration

Training program

Introduction

Lessons

1. What is Innovation

2. The Innovative Company

3. The Innovation Process:

  • Stages of developing new solutions
  • The innovation funnel
    Practical session: 2 hours

Innovation Strategy

Lessons

2.1. Preparing to Develop an Innovation Strategy ("Where are we now?"):

  • Assessing the company’s innovation climate and capabilities
  • Business strategy as a foundation for innovation strategy

2.2. Defining Future Opportunities ("Where do we want to go?"):

  • Business growth horizons
  • Innovation mission and objectives

2.3. Shaping the Innovation Portfolio ("How will we get there?"):

  • Innovation projects
  • Initiatives – actions required to achieve objectives
  • Team, responsible parties, and innovation leaders within the company
  • Budget and resources
  • Project success criteria
    Practical session: 5 hours

Innovation Management

Lessons

1. Process

  • Approaches to the innovation process

2. Metrics

  • Measuring innovation activities

3. Project Decisions

  • Evaluating and making decisions on projects

4. Structure

  • Organisational structure of an innovative company

5. Culture

  • Innovation culture
    Practical session: 2 hours

Final Online Exam

.

TRAINING FORMAT AND METHODS

Remote learning, recorded video lessons posted on the LMS platform.

Practical classes and analysis of real situations from the industry

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Skills after completing the program

Hard skills

  • Understand how to develop and implement innovation projects.
  • Identify how to work with future opportunities, ensure a continuous innovation process, define your team’s roles, and create optimal conditions for them.
  • Learn how to measure the productivity of planned and implemented innovations.
  • Discover which data to use at each stage to minimise risks and assess how innovation decisions will impact company growth.
  • Develop an innovation strategy and plan for your company during the course.
  • Gain clarity on the direction to take, the team you need, and the tactics for creating new solutions.
  • Learn how to build an innovation management system from scratch.
  • Master a lean approach, testing and validating your innovation strategy based on real outcomes and opportunities.

Soft skills

  • Critical and strategic thinking
  • Creativity and idea generation
  • Adaptability and openness to change
  • Teamwork and leadership
  • Communication and idea justification
  • Data-driven decision-making

Exam and certificate

The official ACPM exam is held monthly on a scheduled basis, online. Pre-registration is required to participate in the exam. The list of required documents and the exam registration form are available in the e-learning system.

The exam consists of 23 test questions. The exam lasts 2 hours.

Passing score: 60.

The international ACPM certification exam is administered by proctors using an online proctoring system (monitoring the candidate and their computer screen). The completed tasks are assessed and graded by ACPM-accredited instructors.

Exam results are sent to candidates via email within two weeks of completion. If a candidate scores 60 or more points, the ACPM international certificate will be sent in electronic format to the same email within two months of the results announcement.

More about ACPM certificates

PROVIDER INFORMATION

Financial Academy “Aktiv”

Financial Academy Aktiv is a Ukrainian company specializing in financial education and advanced training for financial professionals and top managers. We offer both individual and corporate training. Our academy is an accredited educational partner of international professional organizations ACCA, CIMA, and ACPM. We help specialists not only enhance their practical skills but also prepare for international diploma and certification exams. Additionally, we support the career development of our graduates.

Contacts

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