Addressing the issues that prevent innovation from being adopted
and implemented within organizations

OVERCOMING INNOVATI...
The Wisdom of Crowds
                    Sub-Optimal                                    Most Important
   Uncertain
      ...
The Why and the How
                             Sub-Optimal
       Why
 Uncertain Innovation      Organisation for       ...
Overarching Barriers
    Uncertain
   Leadership                                        Poor Process

       Over-riding F...
Uncertain Leadership
                                                               Expansion
   Alignment of




       ...
Leadership Profiles
I   Structured consolidator –                                        Exploring
    incremental innovat...
Poor Process to Manage Innovation
   Introduce discipline and methods to
    pursue innovation
   Empower the personnel ...
Becoming an Innovative Enterprise
   Leadership & Vision
   A resilient organizational persona
   The right incentives
...
Becoming an Innovative Enterprise


         Pro-Innovation
           leadership


                  Process to
         ...
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Overcoming Innovation Barriers

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Presentation by Mr Sridhar Venkiteswaran, Director - Avalon Consulting, on addressing issues which prevent innovation from being adopted and pursued seriously within organisations

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Overcoming Innovation Barriers

  1. 1. Addressing the issues that prevent innovation from being adopted and implemented within organizations OVERCOMING INNOVATION BARRIERS Copyright © 2008 Inovo Technologies Inc.
  2. 2. The Wisdom of Crowds Sub-Optimal Most Important Uncertain Organisation for Lack of future Innovation decision making customer insight Leadership on Innovation Inappropriate Over-riding focus Poor Innovation funding available on Operational Less Important Culture for Innovation Excellence Lack of Innovation Poor Process to Over Reliance on Knowledge, Manage Technology Skills and Innovation Experience Copyright © 2008 Inovo Technologies Inc.
  3. 3. The Why and the How Sub-Optimal Why Uncertain Innovation Organisation for Lack of future Innovation? Leadership decision making on customer insight Innovation Inappropriate funding Over-riding focus on Poor Innovation available for Operational Culture Innovation Excellence How to Manage Innovation? Lack of Innovation Over Reliance on Poor Process to Knowledge, Skills Technology Manage Innovation and Experience Copyright © 2008 Inovo Technologies Inc.
  4. 4. Overarching Barriers Uncertain Leadership Poor Process Over-riding Focus on Lack of Future Customer Operational Excellence Insight Poor Culture Lack of Knowledge and Skills Inappropriate Funding Over Reliance on Technology Sub-optimal Organisation for Decision Making Copyright © 2008 Inovo Technologies Inc.
  5. 5. Uncertain Leadership Expansion  Alignment of Corporate Focus corporate and New Business Product Growth innovation strategy Reinvention Creation and Transformation  Walking the Talk – allocation of Scope of Change resources and Incremental Transformational actions to match rhetoric Best Practices Product and Operational  Openness – free Operational Excellence Reinvention flow of information and knowledge Operation Copyright © 2008 Inovo Technologies Inc.
  6. 6. Leadership Profiles I Structured consolidator – Exploring incremental innovations from Colonizing known base Behavior II Knowledge consolidator – Structured Knowledge market research focused Colonizer Colonizer product and line enhancements Structure Environment Knowledge III Structured colonizer – Based Based exploration into known adjacencies. Acquisition tendencies. Structured Knowledge IV Knowledge colonizer – Consolidator Consolidator creation of new markets, radical innovations and Building disruptive businesses Consolidating Copyright © 2008 Inovo Technologies Inc.
  7. 7. Poor Process to Manage Innovation  Introduce discipline and methods to pursue innovation  Empower the personnel with knowledge and skills  Ensure focus on value added and customer not the product or technology  Provide an approach to allocate funding  Foster optimal decision making and involvement across the organisation Copyright © 2008 Inovo Technologies Inc.
  8. 8. Becoming an Innovative Enterprise  Leadership & Vision  A resilient organizational persona  The right incentives  The right organizational resources  The right type of financial discipline Copyright © 2008 Inovo Technologies Inc.
  9. 9. Becoming an Innovative Enterprise Pro-Innovation leadership Process to Manage Innovation Copyright © 2008 Inovo Technologies Inc.

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