A Highly Interactive Training Course On

Innovating Products: Invent, Justify and Market

Develop Market-Focused Innovation Skills to Launch Successful Products

Innovating Products: Invent, Justify and Market
Course Schedule

CLASSROOM

03-07 Aug 2026
Dubai
$5,950
14-18 Dec 2026
Dubai
$5,950
15-19 Feb 2027
Dubai
$5,950
26-30 Apr 2027
London
$5,950
02-06 Aug 2027
Dubai
$5,950
13-17 Dec 2027
Dubai
$5,950
Certificate
  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course

Training Overview

Training Overview

Most new products fail because innovators focus primarily on technical development while overlooking the market realities that determine commercial success. To achieve sustainable results, technical innovation must be guided by a market-centric approach, ensuring that new ideas meet customer needs and deliver business value.

This Coventry Academy Successful Technical Innovation Training Course equips participants with the knowledge and tools to develop innovations that are both technically sound and commercially viable. The course emphasizes evaluating ideas against market potential, building credible business cases, and designing strategies that drive adoption and long-term success. Participants will learn to balance creativity with strategic planning, ensuring their innovations succeed in competitive markets.

Through a combination of practical exercises, case studies, and real-world examples, participants will develop skills to identify promising product opportunities, justify investments, and design effective go-to-market plans. By the end of the course, attendees will be able to manage the entire innovation process, from conception to launch, with a focus on achieving measurable commercial outcomes.

Key focus areas of this course include:

  • Adopting a market-oriented mindset for successful innovation
  • Selecting product ideas with strong commercial potential
  • Evaluating market, customer, and competitor impacts
  • Constructing credible business cases for new products
  • Developing practical go-to-market strategies and marketing plans
  • Managing the product portfolio to maximize innovation success

What are the goals?

This training course helps participants bridge the gap between technical innovation and market success. Delegates learn how to evaluate ideas, build compelling business cases, and execute marketing strategies that support product adoption and growth.

By the end of this Coventry Academy training course, participants will be able to:

  • Apply a market-focused approach to new product development
  • Identify and select products with the highest commercial potential
  • Ask critical questions throughout the product development process to improve outcomes
  • Construct and present credible business cases that win stakeholder support
  • Create actionable go-to-market strategies for new products
  • Design and implement comprehensive marketing plans that drive product success

Who is this Training Course for?

This Coventry Academy training course is ideal for professionals involved in creating, managing, or evaluating new products. It is suitable for teams and individuals responsible for innovation, product development, and commercialization.

This training course is suitable to a wide range of professionals but will greatly benefit:

  • New product development teams and R&D engineers
  • Project managers and product managers responsible for product success
  • Product development directors and senior managers evaluating business cases
  • Marketing directors, managers, and teams involved in launching new products
  • Entrepreneurs seeking funding for innovative ideas
  • Decision-makers responsible for approving or financing new product initiatives

How will this Training Course be Presented?

This training course combines interactive workshops, case studies, and practical exercises to ensure participants gain hands-on experience in innovation management. Delegates engage in structured activities that guide them through market evaluation, business case construction, and marketing planning.

The course emphasizes real-world application, allowing participants to practice assessing market opportunities, preparing go-to-market strategies, and creating marketing plans. Through group exercises, discussion, and feedback, attendees leave with practical skills and actionable tools to improve the success rate of their innovations while ensuring alignment with organizational objectives.

The Course Content

Day One: How to Make Technical Innovation Succeed Commercially in the Market
  • Making technical invention work commercially
  • Why a market-focused approach to innovation is essential
  • What you should know about the market and why
  • Market impact
  • Customer impact
  • Competitor impact
Day Two: How to Make Technical Innovation Succeed Commercially in the Market
  • Market stakeholder impact
  • Estimating the size of the potential market for a new product
  • Discovering what must be achieved for a new product to succeed in the market
  • Prioritizing market key success factors
  • Assessing the organization's capability to succeed in the market
  • Impact of a new product on the product portfolio
Day Three: How to Build a Credible Business Case for a New Product
  • Understanding the stage-gate product development process
  • Using a 'Dragons Den' approach in the stage-gate process
  • How to construct a credible business case
  • What a business case should contain and why
  • How to present a business case
Day Four: How to Create a 'Go to Market' Strategy and Plan for a New Product
  • Strategy and how it works in a market
  • Setting market objectives for a new product
  • Defining the 'go to market' strategy for a new product
  • Specifying target groups and positioning the new product
  • Constructing an integrated marketing mix for a new product
  • Defining the new product, its value proposition and its role in the portfolio
Day Five: New Product Marketing Plan – Continued
  • Determining the pricing strategy for the product
  • Specifying the marketing communications tools and messages to promote and sell the product
  • Managing distributors to win preference for the new product
  • Applying the marketing solutions mix
  • Scheduling the plan and applying resources
  • Specifying the budget and financial outcomes
  • Contingency planning