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Organisational innovation

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organisational innovation is concerned with the progress of management in an innovative way.here are some facts which says the importance of innovation in every organisation

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Organisational innovation

  1. 1. Organizational Innovation By DR.V.B.CHARANYA, B.S.M.S, MSc Psychology., MBA(HM) 1st YEAR KG COLLEGE OF HEALTH SCIENCE
  2. 2. 2014 2 You have been asked to write a cover story article for a popular magazine on your selection of the most innovative organization • What organization did you select? • What makes it so innovative? • Why this organization and not the others What’s Innovation in Your Book?
  3. 3. 2014 3 What is the first name that come into mind, when I say Innovation ?
  4. 4. 2014 4 World’s Most Innovative Companies - India Rank 14 54.7 % Innovation Premium Rank 57 39.58 % Innovation Premium Rank 58 39.4 % Innovation Premium
  5. 5. 2014 5
  6. 6. 2014 6 Creativity is thinking up new things. Innovation is doing new things.
  7. 7. 2014 7 ORGANIZATIONAL INNOVATION is a process that increases your capacity to thrive in challenging times. Organizational Innovation Definition
  8. 8. 2014 8 Logic will get you from A to Z; IMAGINATION will get you everywhere - Albert Einstein
  9. 9. 102014 How to Enhance Creativity? • Expect Creativity, Tolerate failure • Encourage Curiosity • View Problems as Challenges • Train,Model,Reward creativity • Welcome and Accept change
  10. 10. 2014 11 Organizations facing tuff time.. Why Innovation ? • Shrinking audience/customers • Scarcity of sources • Tuff competition
  11. 11. 2014 12 How Organizational Innovation Comes ? SHIFTING ASSUMPTION CONTINOUS PRACTICE NEW PATHWAY TO PUBLIC VALUE
  12. 12. 2014 13 New Challenges
  13. 13. 2014 14 In many ways, the work of a critic is easy. We risk very little yet enjoy a position over those who offer up their work and their selves to our judgment. We thrive on negative criticism, which is fun to write and to read. But the bitter truth we critics must face is that, in the grand scheme of things, the average piece of junk is probably more meaningful than our criticism designating it so. But there are times when a critic truly risks something, and that is in the discovery and defense of the new. The world is often unkind to new talents, new creations. The new needs friends. Remember, Criticism is Nothing; Creativity is Everything
  14. 14. 2014 15 INNOVATION TEAM SENIOR STAFF NEW HIRES BOARD MEMBERS ARTIST OUTSIDERS EXPERTS
  15. 15. 2014 16 Innovation is simply the process of creating and implementing a new idea or ideas. Three main types of innovation exist: 1. Process Innovation 2. Technical Innovation 3. Administrative Innovation Innovation
  16. 16. 2014 17 Process innovation is achieved through the creation of a new means of producing, selling, and/or distributing an existing product or service. Some Example are: - Tesco: Home Plus Virtual Subway Store Process Innovation
  17. 17. 2014 18 Technical innovation is simply the creation of a new product or service. Some examples: - Google Glass Technical Innovation
  18. 18. 2014 19 Administrative innovation is the creation of a new organization design which better supports the creation, production and delivery of services or products. An example is: -S-OIL PARKING -VIRTUAL MEETINGS IN COMPANIES Administrative Innovation
  19. 19. 2014 20 Innovative into Action Action Team Connection Idea Innovation
  20. 20. 2014 21 • Promote Innovation as an Organizational Value • Use Technology to Collaborate and Share Knowledge. • Include Innovation as a Leadership Development Competency • Develop an “Idea-finding” Program. • Fund Outside Projects. • Train for Creativity. Creativity isn’t innate • Create a Review Process for Innovative Ideas • Recruit for Creative Talent. • Reward Innovation with Engaging Work. • Tie Compensation to Innovation PracticesfromtheMostInnovativeOrganizations
  21. 21. 2014 22 Google’s 9 Principles of Innovation Before we go on to these principles, let us see some interesting things about Google.
  22. 22. 2014 23 Google’s Vision, Mission and Focus
  23. 23. 2014 24 Google’s 9 Principles of InnovationLets Start with Google’s 9 Principles of Innovation 1. Innovation comes from anywhere 2. Focus on the user 3. Aim to be ten times better 4. Bet on technical insights 5. Ship and iterate 6. Give employees 20 percent time 7. Default to open processes 8. Fail well 9. Have a mission that matters
  24. 24. INNOVATIVE COMPANY IN INDIA

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