Executive Education Comes of Age to Address Innovation Skills Gap

  Executive Education Comes of Age to Address Innovation Skills Gap

World’s foremost authorities on innovation, Clayton Christensen, Jeff Dyer and
 Hal Gregersen partner with online education leader Apollo Group to provide a
  breakthrough online learning experience that helps organizations build and
                        sustain competitive advantage

Business Wire

PHOENIX -- January 15, 2013

Today’s world of razor-thin margins and global competition can stress even the
strongest organizations. Compound these pressures with a deep innovation
skills gap facing corporate America and it can be tough for businesses to
survive. Add the fact that 80 percent of leaders believe innovation is
important for their future success* and there emerges a clear need to develop
innovation skills within organizations. In a significant move to tackle this
widespread issue, Innovator’s Accelerator™, an immersive, web-based learning
experience designed to accelerate the innovation skills of individuals and
organizations, has come to market.

Innovator’s Accelerator brings world-class content and a unique online
competency-based learning model together with broadcast-quality production and
design from global design and innovation firm IDEO, to create the next step
forward in online learning focused on innovation. Three of the most prominent
minds in the innovation field – Clayton Christensen at the Harvard Business
School, Jeff Dyer at Brigham Young University and The Wharton School at
University of Pennsylvania, and Hal Gregersen at INSEAD – tapped into their
globally recognized research, experience and insights to create the
intellectual core of the Innovator’s Accelerator.

In a unique partnership, Apollo Group, one of the world’s largest private
education companies, and its subsidiary University of Phoenix, leveraged its
decades of experience with millions of online students worldwide to complement
the contributions of Christensen, Dyer and Gregersen. University of Phoenix,
the leader in online education in the United States, will distribute the
unique offering to corporations eager to bring innovation learning to
thousands of employees across their global organizations.

"We are extremely proud of Innovator’s Accelerator, and the collaboration with
world-class experts in innovation that led to its creation,” said Apollo Group
CEO Greg Cappelli. “We are confident that companies and organizations around
the world will benefit tremendously from this new offering, as will their

“Through our constant discussions and interactions with many of the nation’s
leading companies and employers, we have learned that the most critical
missing skill in nearly every organization is innovation,” said Barry
Feierstein, chief business operating officer, University of Phoenix. “So we
turned to the world’s leading minds on the study of innovation to help us
build the best offering in the world on the subject. Innovator’s Accelerator
is the result of an unprecedented collaboration with leaders in their
respective fields.”

Innovation can be learned: A next step forward in innovative online learning
and teaching

The six-week learning experience comprises:

  *Thirty total hours of non-credit professional development focused on
    building essential innovation skills through the exploration of the three
    types of innovation: growth, sustaining and efficiency.
  *Nineteen high-quality, immersive lessons featuring video lectures from
    Christensen, Dyer and Gregersen, as well as success stories from top-level
    executives who consistently put innovation into practice.
  *Practice-based activities, cutting-edge creative and live team projects
    that provide opportunities to apply key learning.

“The relationship with Clayton Christensen began in 2010 with the development
of the Phoenix Lecture Series,” saidGeorge Lichter,head ofApollo
Group'sadvanced academicproductteam. “Professor
ChristensenandIbelievethat advances in technology, software platforms and
sophisticated web-based and mobile delivery systems have converged with
globalization and employers’ changing skill requirements around
innovation.The result is asignificant demand for a completely new executive
education learning experience.”

Innovator’s Accelerator was developed under the leadership of University of
Phoenix and its parent Apollo Group, the groundbreaking experts in online
learning, and is the latest contribution in the University’s longstanding
heritage of innovation in online education. For more information about
Innovator’s Accelerator, or to enroll your organization, please visit:

About Apollo Group

Apollo Group, Inc. is one of the world's largest private education providers
and has been in the education business for approximately 40 years. The Company
offers innovative and distinctive educational programs and services both
online and on-campus at the undergraduate, master’s and doctoral levels
through its subsidiaries: University of Phoenix, Apollo Global, Institute for
Professional Development and College for Financial Planning. The Company
offers programs and services throughout the United States and in Latin America
and Europe, as well as online throughout the world.

About University of Phoenix

University of Phoenix^® is constantly innovating to help students balance
education and life in a rapidly changing world. Flexible schedules,
challenging courses and interactive learning can help students pursue personal
and career aspirations without putting their lives on hold. It’s this link
between education and careers that is at the core of the University’s efforts.
As the flagship university of Apollo Group, Inc. (Nasdaq: APOL), University of
Phoenix serves a diverse student population, offering continuing education as
well as associate, bachelor’s, master’s and doctoral degree programs from
campuses and learning centers across the U.S. as well as online throughout the
world. For more information, visit http://www.phoenix.edu.

*Globe & Mail and the Schulich Executive Education Centre,survey conducted in

Photos/Multimedia Gallery Available:



Apollo Group
Ryan Rauzon, 916-599-2911
Stern + Associates
Ryan Bartholomew, 908-276-4344, x-221
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