Falcon's Invoice Discounting: Your Path to Prosperity
Solution oriented innovation process web (Innoberate.com)
1. Nanjunda Pratap Palecanda +91 9845226516 nanju@innoberate.com
SolutionOriented Innovation
Process
Designing Product or solutions to
Solve customer’s problems in
a continuously changing market
Workshop on Innovation and Solution design
2. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com
Innovation inside-out
SOIPro draws inspiration from the Philosophy of
everything is
interconnected
Which is the underlying philosophy
in Hinduism, Buddhism and Ubuntu
Philsophy of Africa
Intersection of
Chakras or Lifecycle
Customer Lifecycle intersected with
Product / Service Lifecycle and
Competition Lifecycle
3. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com
Intersection of essential chakras
Competition
Lifecycle Product
LifecycleCustomer
Lifecycle
Reach, Engage, Acquire, Preserve and Collaborate (ReapCol)
To derive maximum value to the customer and sustained value creation for all stake holders.
4. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com
Approach to innovation
Think
outside
the box
Innovation
Inside out
Inside
the Box
This is where
we belong
While we have been inspired by each of the other approaches, we believe this
is by far the safe and sure for the Businesses to engage with.
5. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com
Why Innovation inside-out?
• cognizance to Organizations core strengths
• aware of Organizations deliverables
• understand Organizations limitations
• in synch with Customer needs
• updated about competition
• clear about Organizations long term goals
• able to ensure sustenance and continuity
As a Business Leader or an Entrepreneur, one has to be ;
6. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com
SOIPro - Program
4 stages 8 sessions
Design New
Product /
New Solution
7. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com
SOIPro – Stage I
• Identify Topic
• Gain Collaborators and support
• Form Innovation team
• Define the scope
• Vision, Objectives, Critical
Success Factors,
CLC(Customer Life-Cycle)
Design
8. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com
SOIPro – Stage II
• Capture the current process,
identify blockages / gaps (Reality
Check)
• record data (Keep assumptions out)
• Prioritise blockages - Pareto
• Map new process
• Draw roles / responsibilities, KPI’s,
system effects
Investigate
9. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com
SOIPro – Stage III
• Report, develop business case &
implmentation plan
• Develop a Communication
strategy and articulate
comparisons
• Comparative analysis on old
process (offering) and new
process (Offering)
Integrate
10. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com
SOIPro – Stage IV
•Implementation
challenges
•Remeasure
•Drawing new
Benchmarks
Collaborate
11. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com
Workshop
Schedule
• Eight sessions of 90
minutes each
Participants
• Leaders / Talent with
ownership of
• Product
development
• Solution design
• Design /
Development
• Production
• Sales
• CRM
• Pre-sales
• Resource
Management
Outcome
• New or improved
Product
• New or improved
Solution
• New or Improved
service offering
• Better value for
customer
• Larger market share
• Increase in revenue
• Increase in Profits
12. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com
Profile
Nanjunda Pratap Palecanda (Nanju)
An idea genie with 20 years of Industry experience across Internet
Technologies, Analytics and Management Consulting, a serial
entrepreneur, Pioneer in Internet business in India, Innovation
Consultant & Trainer and an Alumni of IIM,Bangalore
Founder: kannada.com
Founder & Convener: slowpoison.com
Founder & Director: Source Kapital Pvt Ltd
Creator: SOIPro
Founder & Convener: Good Kapital
Satya Maddela
Satya comes with technical background having worked in Finance
and Healthcare in BBH and GE. A seasoned and successful Leader
with track record of producing, presenting and managing the
implementation of innovative business solutions. A Cloud
specialist, is an Electronics Engineer with MBA from Harvard
University.
15. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com
Thank you for your time !
• Context eats Strategy for lunch
Adopted from Peter Drucker’s quotes
