Friday, June 27, 2014

A GREAT TIME TO BE INDIAN


A few years ago top notch American Research Company came up with the finding that the next global economic powers will be the Indian Elephant and the Chinese Dragon. Energize your team with patriotism. Let them not forget that in the 1770's we had 25% of the world trade. We plummeted to 0.5 per cent of world trade and now we are slowly climbing to 1.2 per cent. We need to conquer the world market with huge blow back innovations like sachet shampoos, the Nano, $20 cataract surgeries or a computer with 3 mice. India is the largest laboratory for bottom of the pyramid innovations for the poor. Most countries cannot come up with such reverse innovations, created by the poor but used by the rich. This is because each of these innovations are good for a sustainable Earth. Our planet is being threatened by the greedy energy guzzling lifestyle of affluent nations. Our innovations, driven by economic necessity may really help us save planet earth.

Thursday, June 26, 2014

PONDER ON PROBLEMS


It is important to involve everyone in identifying problems in the system. Give everyone a chance and encourage them to throw light on problems. Once main points are identified, it becomes easy to deal with them. The problem finding exercise will be facilitated by using the 6 M’s – Men, materials, machineries, methods, markets and money. Sometimes people state the symptoms and not the problems. For instance, consider the question, ‘How to build a better mouse trap’. How much better it would be to ask, ' How to keep mice out of my space?'. This could throw open the field to gas, poison or improving hygiene. The first question would ensure that the person is obsessed with architecture of mouse traps. Scarce resources could be spent on mouse traps which would not really get rid of mice. Get everyone to ask the right questions and identify the core problems together. Identifying and formulating the problem is the most difficult part of creative problem solving. Very often we state symptoms of the problems and end up wasting scare resources chasing the illusionary "golden deear of the epics".Management then becomes so emotinaonally commited to the wrong path, that we can end up moving faster and faster along the wrong road. It is like a man who drills an oil well, in a bad spot. More and more money is spent with no resulting strike. But those involved, refuse to fill up the unproductive well and move on to a new location. They continue throwing good money after bad, because they do not want to admit that a mistake had been made initailly.

Tuesday, June 24, 2014

DO NOT BE A SPECTATOR BE A PARTICIPANT


King Janaka tilled the soil with his own hands and he was also the greatest knowers of Truth of his time. Digging with his own hands he found the greatest gift of his life from the Earth Mother, his beautiful daughter, Sita. The CEO and his top team should be closely involved in the innovation initiative. There is no use asking the rank and file to use innovation thinking tools, when the CEO does not bother to learn them or recognise them when they are used. Thinking tools are effective only if they are regularly used and become a natural way of being. Participation by top management is critical in an innovation initiative. Swami Vivekananda said "It will not do to merely listen to great principles. you must apply them in the practical field , turn them in to constant practice". Finally lead from the front. People do not see what you say but what you do. "The wind of grace of the Lord is blowing on forever and ever, do you spread your sail" Swami Vivekananda. Get down ,lead from the front,participate.

Monday, June 23, 2014

CREATE A JOYOUS TEAM SPIRIT


“The world is just a gymnasium in which we play; our life is an eternal holiday’ -Swami Vivekananda First install the positive field in your company, where everybody is full of a joyous, ‘Can do’ spirit.This is the ‘field’ in which creativity and innovation works best. Playfulness enhances great ideas. The environment of creativity is a supportive and nurturing environment,where everyone feels free to play, to be intuitive and bold. It is the environment that encourages people to be creative, be silly even, to take risks, and to think outside the box. There is around every organization, a field, which is positive or negative. This field begins within the individual. Each person has within him a field that is positive or negative. The development of an inner field, a mindspace that is positive, is key to creativity. Continuously developing and pouring in positive emotions creates a positive field within which, a person interacts with others who bring in their own fields. Those who operate in positive fields suffused with love, compassion, laughter, courage and wonder, are likely to be more creative while supporting others to be at their innovative best. In order to present this concept more clearly. I have used the ancient Indian concept of the Navarasas – the nine emotions. Learning to enhance the positive field and reducing the effect of the negative field is an important part of creativity and innovation. Thinking out of the box is possible only in a positive field. The positive field is sustained by certain tools and behaviour: verbal, tonal and non- verbal. It is a win-win field. Within such a field, all who operate together are enabled and nurtured. “ The essence of creativity is a willingness to play the fool, to toy with the absurd,only later submitting the stream of ideas to harsh critical judgement. The application of the imagination to the future therefore requires an environment in which to safely reflect, in which novel juxtapositions of ideas can be freely expressed before being critically sifted. We need sanctuaries for the social imagination.” - Alvin Toffler

Thursday, June 19, 2014

DO or DIE!


‘There is no harm building dream castles in the air. Now just put foundations under them’ said a philosopher. Not only is there no harm in dreaming, it is a critical element in creating the reality you want. In the era of silent movies, Harry M.Warner, Warner Brothers said ”Who the hell wants to hear actors talk?” Dream the impossible dream and make sure your whole team dreams the same clear dream. Gandhiji said “Poorna Swaraj!” or Total Freedom! The minds of 350 million Indians were focused on that magic word , Freedom! He burnt all the bridges with the implementation mantra ‘Do or Die’. If you want your company to pursue stretch goals you need to do this two step maneuver: 1. Create a unified dream 2. Act to finish. Ideas are easier. Implementation is the killer!

DESIGN Your FUTURES


You see things: and you say ‘Why?’ But I dream things that never were: and say ‘Why not?’ - George Bernard Shaw in Back to Methuselah Companies need to innovatively design their future when they are doing well. Learning enactly how to get ideas,develop them and implement them as innovations requires discipline and direction. The journey can lead you to new strategies, new products or even new ways of working and managing .Practising the step by step tools, that lead to innovation, for 90 days can ultimately lead you to the reinvention of your entire organization. Whether it was an IAS Officer like SR Rao who transformed plague ridden Surat into one of the healthiest cities in the world or the Tata’s making Nano the world’s most inexpensive car, everything starts with a dream goal, an impossible vision which, ignites the imagination. ‘The journey of a thousand leagues starts with a single step’ says a Chinese proverb. The journey to transformation starts with your decision to chase a stretch goal,to reach for the distant star!

Wednesday, June 18, 2014

Profitability through Innovation


'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. Stress The Killer: Beware The twenty-first century will be the century of the Mind. The Mind is man's last unconquered frontier. The Upanishads describe it as fast, fickle and uncontrollable, like a dozen swift horses travelling at breakneck speed. Mankind is paying a steep price for failing to learn more about the Mind before embarking on the race for success in the new millennium. Stress is the price we pay for success. Stress stalks the precarious climb up the corporate ladder.