Wednesday, April 14, 2010
'Innovation is the central issue in economic prosperity'-
Michael Porter , Harvard Business School.
Companies which are innovation stars, do better in the market place. This has been proved by research,which also shows a clear link between better innovation practices, employee involvement and customer satisfaction. A higher market share in the hallmark of an innovative company.While everyone knows that more innovative companies are more profitable, why do more companies not embrace the roadmap to innovation? The answer is simple. Innovation does not happen by wishful thinking. Commitment,resources and a whole new mindset is required, long term to create the culture of innovation. Top management buy-in involvement of the whole organisation in planning , a system to sift through suggestions, tame wild ideas and a system to reward innovators, do play a role. Only the best companies manage to do all this.
Tuesday, April 13, 2010
Each of us have a strict censor board sitting in our minds. Whenever an unusual idea pops up, the censor board sits up in horror and supresses it before it can throw us open to ridicule. The censorboard protects us against laughter and contempt . As a result, only two hundred year old , run of the mill ideas pass through this formidable filter. Consider all these statements that were considered nonsense.
- A person can communicate with 173 countries simultaneously at the click of a button.
- Men can fly like birds.
- Photographs can be instantly printed.
- Marriages can be fixed on the Internet.
“There is no likelihood that man can ever tap the power of the Atom” said Robert Millikan, winner of the Nobel Prize in Physics 1923.Often nonsense, a silly question, playing the fool ,can all lead to breakthrough ideas. A wild idea tamed , can be a brilliant innovation.
The importance of nonsense can hardly be overstated. The more clearly we experience something as ‘nonsense’ , the more clearly we are experiencing the boundaries of our own self-imposed congnitive structures.
‘Nonsense’ is that which does not fit into the pre arranged patterns we have superimposed on reality.Nonsense is nonsense only when we have not yet formed the point of view from which it makes sense.
The Dancing Wu Li Masters: An overview of the New Physics
Friday, April 9, 2010
Monday, April 5, 2010
Friday, April 2, 2010
Innovate! is about turning bright ideas into action.
‘Practise the steps outlined in Innovate! for 90 days and become an innovation star.’
Constant and consistent innovation is the only sure-fire way to profitability Innovate! 90 Days to transform your business is the answer allowing you to build a culture of innovation —which embraces everyone from the doorman to the chairman.
A daily implementation schedule will give you step-by-step ideas for yourself, your team, your department, and your organization. Start today and see the difference you can make.
This 90-day plan will help you:
Create a climate which empowers everyone in the company to achieve their full potential
Launch an initiative which will invigorate the whole organization.
Build young, proactive, commando teams, or innovation spirals, designed to think outside the box.
Inspire team leaders to transform their departments and the organisation through their youthful, proactive ideas
Develop a daily plan to institutionalize innovation and establish long-term culture change.
A highly practical, do-it-yourself toolkit to ensure innovation becomes part of your organization. Innovate! should be required reading for everyone in your organization.. Be inspired – Innovate!
This is a scientific new book on Creativity and Innovation in India’s large companies. Based on meticulous research it arrives at principles that help you gain competitive advantage through innovation. It provides practical ideas invaluable to a corporate warrior.
"A brilliant book! The 90 steps, over 90 days provides a perfect bridge between theory and execution. A must read for practioners of change management". K. V. Kamath, Chairman, ICICI Bank Ltd.