Your SlideShare is downloading. ×
0
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Do we have the imagination and perseverance to innovate?
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Do we have the imagination and perseverance to innovate?

607

Published on

Mr. Dilip Chenoy …

Mr. Dilip Chenoy
MD & CEO,
National Skills Development Corporation
at RPR 2012, 23-26 August, Goa, India

Published in: Education, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
607
On Slideshare
0
From Embeds
0
Number of Embeds
3
Actions
Shares
0
Downloads
12
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. For Private Circulation only Do we have the imagination and perseverance to innovate? The Regulators & Policy makers Retreat 2012 24th August 2012 Goa Dilip Chenoy CEO&MD
  • 2. ImaginationImagination is the ability to form a mental image of somethingthat is not perceived through the senses. It is the ability of themind to build mental scenes, objects or events that do notexist, are not present or have happened in the past. Memoryis actually a manifestation of imagination. Everyonepossesses some imagination ability. In some it may be highlydeveloped and in others it may manifest in a weaker form. Itmanifests in various degrees in various people. "Since we live in an age of innovation, a practical education must prepare a man for work that does not yet exist and cannot yet be clearly defined." — Peter F. Drucker Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 1
  • 3. Innovation‘Innovation is defined as a process by which varying degrees of measurablevalue enhancement is planned and achieved, in any commercial activity. Thisprocess may be breakthrough or incremental, and it may occur systematicallyin a company orsporadically; it may be achieved by:- introducing new or improved goods or services and/or- implementing new or improved operational processes and/or- implementing new or improved organizational/ managerial processesin order to improve market share, competitiveness and quality, while reducingcosts.’Innovation and competitiveness have a dynamic, mutual relationship.Innovationthrives in a competitive environment and in turn, plays a key role in theachievement of such an environment. Innovation generates economic value,new jobs in the economy and cultures of entrepreneurship. By virtue of itsrelationship with competitiveness, Innovation emerges as a factor inpromotingconfidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. Proprietary and economic growth. 2
  • 4. India has a history of innovation and excellenceTemples & other monumentsCraftsTextilesUniversitiesScience……… Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 3
  • 5. Imagination + Perseverance = Innovation + SuccessSource: BCG Analysis Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2012 NSDC. All Rights Reserved. 4
  • 6. Is India an important strategic destination for innovators?Global ranking of India in Company’s strategy for filling jurisdictions in their 10 yearstrategy. Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 5
  • 7. a Barometer for recent trends in innovation ?) IP filings (Resident + Abroad, Including Regional) and Economy Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 6
  • 8. Is the situation changing ?Incubation centres of technical and management institutesacross the country report a rise in number of innovations thathave been commercialised. Applications for the Federation ofIndian Chambers of Commerce and Industrys (FICCI) DST-Lockheed Martin India Innovation Growth programme hasgrown to 915 from 102 between 2007 and 2011—a nearly800% jump in five years. Most of these have already reachedthe market. Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 7
  • 9. Is the Indian environment conducive to innovation ? Patent Applications (Direct and PCT National Phase Entry) A resident filing refers to an application filed in the country by its own resident; whereas a non-resident filing refers to the one filed by a foreign applicant. An abroad filing refers to an application filed by this countrys resident at a foreign office.Source: WIPO statistics database Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 8
  • 10. Sectors where innovation has happenedSource: WIPO statistics database Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 9
  • 11. How do we compare 2000 2005 2009 Total 771766 912977 952837 China 23376 86735 160562 India 627 672 621 Singapore 757 1432 1556• Global Ranking of India • Patents ( Residents)( 2010) : 20 • Trade Mark Applications (2010): 37 • Industrial Design Applications (2009): 8Source: WIPO statistics database Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 10
  • 12. Goal ?China’s goal for annual patent filings by 2015 is two million. Thatnumber includes “utility-model patents,” which typically coveritems like engineering features in a product and are less ambitiousthan “invention patents.”"Innovation has nothing to do with how many R&D dollars you have. WhenApple came up with the Mac, IBM was spending at least 100 times more onR&D.Its not about money. Its about the people you have, how youre led, andhow much you get it."— Steve Jobs Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 11
  • 13. The National Knowledge CommissionSystematic reform of the higher education system (including skill basedmarketable vocational education) in India.Effective collaboration between industry, educational institutions and thegovernment and the consumer.Innovation also needs to become as wide spread as possible, spreadingacross the entire economy, from the grassroots to the large firm level.Effort to address these issues would act as a critical enabling factors forIndia to be amongst the leading global leaders in innovation. Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 12
  • 14. External forces could influence nature of innovation. "To raise new questions, new possibilities, to regard old problems from a new angle, requires creative imagination and marks real advance in science." — Albert Einstein Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 13
  • 15. Customer driven innovation …1 The customer is the primary external factor that leads more than half of the large firms to innovate. 37.3% of large firms have introduced breakthrough Innovation, while 76.4% have introduced incremental Innovation, which may be an indication that large firms in India are still in the mindset of incremental Innovation as compared with breakthrough Innovation. Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 14
  • 16. Customer driven innovation ?.....2 "The difference between the impossible and the possible lies in a mans determination." — Tommy Lasorda Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 15
  • 17. Policy and innovation ? Drivers ? …1 Calling party pays : Missed Call ! Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 16
  • 18. Policy and innovation? Drivers? …2"It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to management than the creation of a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely thelukewarm defense in those who gain by the new ones."— Italian philosopher and playwright Nicolo Machiavelli (1469-1527) Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 17
  • 19. Making a fortune at the bottom of the pyramid "Desire is the key to motivation, but its determination and commitment to and unrelenting pursuit of your goal - a commitment to excellence - that will enable you to attain the success you seek." — Mario Andretti Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 18
  • 20. Enabling the creation of fortune at the bottom of the pyramid Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 19
  • 21. The environment challenge ! Only those who persevere …. Socialism Free market Industrial Policy Deregulation Public Sector Private Sector First come first serve Auction Toll gates Free Roads Free power User charges New product , service Lowest/ highest bid Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 20
  • 22. “Innovation is the central issue in economic prosperity” Michael Porter"People will rise to meet seemingly insurmountable obstacles and challenges if they understand the worthiness of the personal sacrifices and effort. Supporting that understanding must be mentors who provide leadership; without both ingredients, a cause will go unrealized and a mission is likely to fail."— Glenn R. JonesCreating a Leadership Organization with a Learning Mission in The Organization of the Future Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 21
  • 23. Are firms sustaining innovation ?Top 10 Indian Companies (by Market Cap BS 1000) 1990 2000 2010 Tata Steel Wipro Reliance Industries ITC Hindustan Unilever ONGC Tata Motors Infosys Technologies TCS Century Textiles Reliance Industries Coal India Hindustan Unilever ITC Infosys Technologies Mafatlal ONGC SBI Reliance Industries HCL Technologies NTPC Grasim Pentamedia Graphics Bharti Airtel GSFC Zee Entertainment ITC ACC MTNL ICICI Bank"Somewhere out there is a bullet with your companys name on it. Somewhere out there is a competitor,unborn and unknown, that will render your strategy obsolete. You cant dodge the bullet –youre going to have to shoot first. Youre going to have to out-innovate the innovators."— Gary Hamel Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 22
  • 24. Innovation and perseverance: the fate of 3 ideas Website for automatic phone list conversations from one phone to other. Hands free GPS with bluetooth connection to the helmet.* Voice to web solution to organize the unorganized in Skill Development. Ideas Innovation Perseverance Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 23
  • 25. Do we have the imagination and perseverance to innovate?• Indian’s : Many• Possible in India : In pockets• What sizes / types industry will succeed : SME’s better, Social enterprises emerging• Across Industries :?• Systematic or Sporadic : Not yet Systematic• Would it be of the scale required : No• Can it change : Yes• Will it (be allowed) change : HOPE• Can we make a difference : Yes Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 24
  • 26. Thank youContact Information:dilip.chenoy@nsdcindia.org
  • 27. Learning by rote ! Imagination is more important than knowledge,. For knowledge is limited, whereas imagination embraces the entire world, stimulating progress, giving birth to evolution. - Albert Einstein I/K Ratio is culture dependent. In a given field of intellectual ability, I/K ratio is field and person dependent. Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 26
  • 28. Conformity and lack of acceptance of failure a challengeIf you stand up and be counted, from time to time you mayget yourself knocked down. But remember this: A manflattened by an opponent can get up again. A man flattenedby conformity stays down for good."Thomas J. Watson, Jr. Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 27
  • 29. Did reforms help? Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. © 2011 NSDC. All Rights Reserved. 28

×