WSQ Turning Ideas into Gold (Essentials)

Course Code : CRS-Q-0026271-BM        Unit Code : BM-IM-401E-1

Workshop Description

In this fun and highly interactive workshop, you will learn the powerful innovation tools, techniques and templates to generate 1000 ideas within 30 minutes!

For Individuals who are starting up a new business, this is a good course to generate your new business products and services ideas.

Recommended Workshop Size: 20 pax

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Workshop Objectives

At the end of this workshop, participants will be able to:

  • Understand the differences between productivity, creativity and innovation
  • Convert ideas killers into ideas growers
  • Understand the various phases in the innovation journey
  • Utilize the various ideas generation tools, techniques and templates to generate 1000 ideas in 30 minutes
  • Systematically select the best of the best ideas out of the 1000 generated
  • Present your ideas to your stakeholders and convince them to support / fund you

Workshop Content

  • Introduction to productivity, creativity and innovation
  • My organisation and I
  • Exploring opportunities
  • Formulation of innovation statements
  • Ideas generation techniques
    • Brainwriting, SCAMPER, Related Words
    • Ideas selection technique
      • Perspective-Criteria Matrix
  • Incubation technique – P.E.N.S.
  • Presentation of ideas
  • Prototyping
  • Implementation of your innovation project

WDA WSQ Framework: Business Management

This workshop is aligned to WSQ Competency Standards: BM-IM-401E-1: Manage innovation in the business function.

Takeaway:

  • 1 x WSQ Statement of Attainments
  • 1 copy of “Turning Ideas into Gold” book worth $60 at Kinokuniya

  • 1 copy of Participants’ manual
  • Prizes for the winning team

Intended Audience:

This is an innovation workshop designed to equip participants with the essential tools, templates and techniques to TURN IDEAS INTO GOLD. It is suitable for managers and professionals who seeks better and faster ways of generating innovation ideas, resolving problems and/or optimizing opportunities.

For Corporate Turning Ideas Into Gold courses, we have trained about 10,000 professionals. The participants include employees from CPF, Ministry of Law, Singapore Prisons, SCDF, HP and EPSON.

Workshop Methodology

This dynamic highly interactive workshop will be conducted with a good blend of instruction, problem brain-storming, discussions and games. Participants are encouraged to bring their real-life ideas / problems to the class for discussions and ideas generation.

Workshop Duration:

2 days workshop with WSQ Assessments

2016/17 Dates:

  • Apr 17-18 2017( Monday & Tuesday)

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Prices before WDA funding

  • Full Fees  = $750 / pax

How much do you have to pay?

1)     First, you need to determine if your company is an SME or non-SME or a Self Sponsored Individual

SMEs are defined as:

  • Organisations registered or incorporated in Singapore
  • Employment size (at group level) of not more than 200; OR annual sales turnover (at group level) of not more than S$100 million
  • At least 30% local shareholding being held by Singapore Citizen or Permanent Resident
  • Trainee must be Singapore Citizen or Singapore Permanent Resident
  • Trainee must be bona fide employee, and fully sponsored. Because of this reason, payment cheque must be issued from this sponsoring company (not personal cheque or holding company or sister companies)

2)     If you are SME,

WDA funding:

  1. If you are Singapore Citizens and Permanent Residents,  your course fee subsidy is up to 90% of the course fees, capped at $50/hr. For the class (16 hours), this funding works out to be 90% x $750 = $675. Your net fee after funding = $750-$675 = $75
  2. If you are 35 or older, and earning $1900 / month or lesser, you can be under the Workfare Training Support (WTS) Scheme, your course fee subsidy is 95% of course fees = $712.50. Net fee after subsidy is $37.50/pax
  3. Your absentee payroll reimbursement is up to 80% of the basic hourly salary, capped at $7.50/hr, this works out to be $7.50 x 16 = $120

3)     If you are non-SME,

WDA Funding:

  1. If you are a Singapore Citizen or Permanent Resident, your course fee subsidy is 50% of course fees, capped at $15/hr. For the class (16 hours), this funding works out to be $15 x 16 hrs = $240 /pax.  Your net fee after funding = $750-$240 = $510/pax
  2. If you are 40 years or older, the subsidy is 90% of course fees, capped at $50 / hour for PME level. For the class, this funding works out to be 90% X $750 = $675. Your net fee after funding is $750 – $675 = $75/pax
  3. If you are 35 years or older, and earning $1900 /month or lesser,  your course fee subsidy is 95% of course fees or $712.50. Net fee after subsidy is $750 – $712.50 = $37.50/pax
  4. Your absentee payroll reimbursement is 80% of the basic hourly salary, capped at $4.50/hr, this works out to be $4.50 x 16 = $72/pax

4) In-house Workshop

  1. For 12 to 15 pax, we are able deliver an in-house workshop for you. Everest will provide venue + 2 tea-breaks
  2. For 16 to 25 pax, we shall provide venue + 2 tea-breaks + lunch
  1. Everest is a full fee ATO; customers have to pay the full fee upfront to the provider and submit the training grant application to WDA within the period from 180 days before to 30 days after course start date.  Upon successful completion of the course, company will then submit the claims to WDA no later than 120 days after course end date.

5) If you are an Self Sponsored Individual (No company)

Your full workshop fee is $750/pax

WDA Funding:

  1. If you are a Singapore Citizen or Permanent Resident from 21 years, your course fee subsidy is 50% of course fees, capped at $15/hr. For the class (16 hours), this funding works out to be $15 x 16 hrs = $240 /pax.  Your net fee after funding = $750-$240 = $510/pax
  2. If you are 40 years or older, the subsidy is 90% of course fees, capped at $50 / hour for PME level. For the class, this funding works out to be 90% X $750 = $675. Your net fee after funding is $750 – $675 = $75/pax
  3. If you are 35 years or older, and earning $1900 /month or lesser,  your course fee subsidy is 95% of course fees or $475. Net fee after subsidy is $500-475 = $37.50/pax

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Version 2.1 Effective 04 Apr 2017