Icimt 2006 Managing And Organizing Innovation In Emerging New Knowledge Econo...Prof Parameshwar P Iyer
This study focused on 32 top managers in leading hi-tech, knowledge-based organizations in Bangalore, drawn both from corporate as well as academic world. The purpose of this study was to investigate how the CEO’s and Directors of these “knowledge citadels” look at productivity and innovation, in the years and decades to follow. The study was conducted by personally interviewing these corporate heads, seeking their expert opinions and solutions for coping with turbulences and complexities in the knowledge economy.
This paper presents the major findings of this survey study, concentrating on managerial implications at both the management level, as well as the organizing level. For instance, we have argued that creating the innovation-led organization may represent a viable solution for coping with the turbulence and complexity of the knowledge economy
‘Startup India, Stand-up India’
“Can India be a ‘Startup Capital’? Can the youth in the states have the opportunities in the form of start-ups, with innovations, whether it be manufacturing, service sector or agriculture?
--- Narendra Modi, Prime Minister of India
India Government is promoting finance for Startup ventures and providing incentives to further boost entrepreneurship, manufacturing and job creation. The correct choice of business is an extremely essential step in the process of ‘being your own boss’. This handbook contains few formulations of cosmetic products, properties and manufacturing process with flow diagrams of various products. After gathering the above information of products, the decision of choosing an appropriate one will no longer be a cumbersome process.
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Icimt 2006 Managing And Organizing Innovation In Emerging New Knowledge Econo...Prof Parameshwar P Iyer
This study focused on 32 top managers in leading hi-tech, knowledge-based organizations in Bangalore, drawn both from corporate as well as academic world. The purpose of this study was to investigate how the CEO’s and Directors of these “knowledge citadels” look at productivity and innovation, in the years and decades to follow. The study was conducted by personally interviewing these corporate heads, seeking their expert opinions and solutions for coping with turbulences and complexities in the knowledge economy.
This paper presents the major findings of this survey study, concentrating on managerial implications at both the management level, as well as the organizing level. For instance, we have argued that creating the innovation-led organization may represent a viable solution for coping with the turbulence and complexity of the knowledge economy
‘Startup India, Stand-up India’
“Can India be a ‘Startup Capital’? Can the youth in the states have the opportunities in the form of start-ups, with innovations, whether it be manufacturing, service sector or agriculture?
--- Narendra Modi, Prime Minister of India
India Government is promoting finance for Startup ventures and providing incentives to further boost entrepreneurship, manufacturing and job creation. The correct choice of business is an extremely essential step in the process of ‘being your own boss’. This handbook contains few formulations of cosmetic products, properties and manufacturing process with flow diagrams of various products. After gathering the above information of products, the decision of choosing an appropriate one will no longer be a cumbersome process.
Tags
Entrepreneur’s Start-Up Manufacturing of Profitable Household (FMCG) Products, Manufacturing of FMCG Products with Process & Formulations, best business ideas to make money, best business to start with little money, Best New Business Ideas for Entrepreneurs, Best New Small Business Ideas and Opportunities to Start, Business Ideas in India up to 1 Cr, Business Ideas with Low Investment, Business Startup Investors, consumer packaged goods, Fast Moving Consumer Goods (FMCG) Industry in India, fast moving consumer goods list, Fast Moving Consumer Goods Production Business Plans, fast-moving consumer goods (fmcg) sector opportunities, food manufacturing business ideas, Food Processing: Invest and start a business in Food processing, Getting into the Fast-moving Consumer Goods sector, Good Small Business Ideas with Low Investment, Highly Profitable Business Ideas, Household and Personal Products, household products manufacturing, How to Start a Fast Moving Consumer Goods Business (FMCG), how to start fmcg company, How to Start Your First Business, List of FMCG (Fast Moving Consumer Goods) projects, Low Cost Business Ideas, How to Start a Small Business, Low Cost Business Opportunities and Startup Ideas, Lucrative Fast-Moving Consumer Goods (FMCG) Business Ideas, Making Money by Making Something, manufacturing business ideas with low investment, most profitable manufacturing business to start, Most Profitable Small-Business Industries, Most Profitable Small Scale Business Ideas to Start, Need a Business Idea?, New Business Ideas in India, new manufacturing business ideas with medium investment, Personal & Household Products Industry, Production Formulation of Cosmetic Products, production of fmcg retail store goods, Profit Making Running Business, Profitable Manufacturing Business with Low Investment, Profitable Small Business Manufacturing Ideas, Profitable Small Scale Business Ideas and Investment, Projects on Fast Moving Consumer Goods (FMCG), Self-Employed Business Ideas You Can Start,
Innovation Management in an Organisational SettingMohit Yadav
1. Innovation Management in Organisational Setting HS-401: Management of Organisational Behaviour
2. What is Innovation?
3. Everyday we some millions of dots that shape our notions and thinking
4. These notions help us in taking our decision and making future plans
5. Most of the traditional business is based on these dots and whole businesses are built on them
6. But some people see new dots that were either forgotten, misplaced or misinterpreted
7. These dots shape our notion and strike an out of the blue idea
8. Innovation
9. Business Survival As Alan M. Kantrow, editor of Harvard Business Review, once put it, "For companies to survive a discontinuity they must face the rather unpalatable reality that there may have to be fundamental changes in who they are, what they do, and how they do it, as wrenching and dislocating as it may be."
10. For Better Returns One American study found that the overall rate of return for some 17 successful innovations made in the 1970s averaged 56%! Compare that with the 16% average return on investment for all American business over the past 30 years.
11. Competitive Advantage Companies that use and act on their insights get a jump on the competition. They are the competition. They leave behind those that are lulled by the security of strong, enduring economic performance and the conventional corporate wisdom that stays the course. Often, the leader loses. The battle is swift; it's too late to respond. This is not a theory. It is fact.
12. Use of Technology • Utilization of technology • Technical skills and education • Technology strategy Innovation Process • Idea generation • Selection and evaluation Techniques • Implementation mechanism Corporate Strategy • Organizational strategy • Innovation strategy • Vision and goals of the organization • Strategic decision making
13. Management and Leadership • Management personalities • Management style • Motivation of employees • Role of leadership Organizational Structure • Organizational differentiation • Centralization • Formality
14. • Motivation to innovate • Employee skills and education • Employee personalities • Training Employees Resources • Utilization of slack resources • Planning and management of resources • Knowledge resources • Technology resources • Financial resources
15. Knowledge Management • Organizational learning • Knowledge of external environment • Utilization of knowledge repositories Organizational Culture • Communication • Collaboration • Attitude to risk • Attitude to innovation
16. Thank You
Startups are human institutions that are designed to deliver a new product or service under conditions of extreme uncertainty.
This report - part of the "Inspiring Route" project - analyses and understands the main themes related to Startup and The New Entrepreneurs through stories, examples, numbers, case studies
How Your Corporation Can Organize for InnovationDavid Bland
Innovation, innovation, innovation.
It is all you hear in meetings and all you read in business books and magazines. The confusing aspect behind all of this hype is that we rarely put thought into how we design environments so that innovation can emerge.
In this free 45 minute webinar, David J Bland a Principal Advisor at Neo San Francisco, will guide you through how corporations are funding, measuring and organizing for disruptive innovation.
How should I fund innovation? The pros and cons of horizon planning and incremental funding.
How do I measure innovation? Hint, it is not ROI. We'll cover the ins and outs of innovation accounting.
How will the teams organize for innovation? What are the working agreements between the team and leadership? What ceremonies should we have?
You'll leave this session with actionable advice on how you, as a leader, can effectively organize so that innovation will emerge within your corporation.
Innovation, innovation, innovation. It's all you hear in meetings and all you read about in business books and magazines. The confusing aspect behind all of the innovation hype is that we rarely put thought behind how we design environments for which innovation can emerge. I've found that rarely does meaningful innovation occur when people are directly incentivized or tasked with doing so.
The best you can do as a leader, is empower your people and design an environment where innovation can emerge. In this talk, David J Bland will present real world examples of how corporations are organizing, measuring and leading through disruptive innovations to create their next generation of passionate customers. You'll leave this session with actionable advice on how you, as a leader, can effectively design for innovation to emerge within your company.
Learning Outcomes:
Actionable tools for designing an innovation strategy (4 actions framework)
A model for incremental funding (internal vc + horizon planning)
Working agreements and measures for progress (lean startup + innovation accounting)
Attached is a slideshow that outlines the innovation and marketing strategy consulting services offered by Braden Kelley of Business Strategy Innovation.
The Business Plan: Creating and Starting the VentureYashika Parekh
The Business Plan: Creating and
Starting the Venture
Planning as Part of the Business Operation
What is the Business Plan
Who Should Write the Plan?
Scope and Value of the Business Plan—Who Reads the Plan?
How do Potential Lenders and Investors Evaluate the Plan?
Planning
Plan
Information Needs
Writing the Business Plan
Using and Implementing the Business Plan
Why Some Business Plans Fail
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Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
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The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
2. 7-2
Planning as Part of the Business
Operation
Plans provide guidance and structure in a
rapidly changing market environment.
Plans get finalized as the entrepreneur has
a better sense of the market, the product
or services, the management team, and the
financial needs of the venture.
They help meet short-term or long-term
business goals.
3. 7-3
What is the Business Plan?
A written document describing all relevant
internal and external elements, and
strategies for starting a new venture.
It is an integration of functional plans;
addresses short-term and long-term
decision making for the first three years of
operation.
4. 7-4
Who Should Write the Plan?
The plan should be prepared by the
entrepreneur in consultation with other
sources.
The entrepreneur should make an
objective assessment of his or her own
skills before deciding to hire a consultant.
5. 7-5
Scope and Value of the Business
Plan—Who Reads the Plan?
Who is expected to read the plan can often
affect its actual content and focus.
In preparing the plan it is important to
consider the:
Entrepreneur’s perspective.
Marketing perspective.
Investor's perspective.
6. 7-6
Scope and Value of the Business
Plan—Who Reads the Plan? (cont.)
Depth and detail in the business plan
depend on:
Size and scope of the proposed new venture.
Size of the market.
Competition.
Potential growth.
7. 7-7
The business plan is valuable because it:
Helps determine the viability of the venture in a
designated market.
Guides the entrepreneur in organizing planning
activities.
Serves as an important tool in obtaining
financing.
This process provides a self-assessment by
the entrepreneur.
Scope and Value of the Business
Plan—Who Reads the Plan? (cont.)
8. 7-8
How do Potential Lenders and
Investors Evaluate the Plan?
The business plan must reflect:
The strengths of management and personnel.
The product/service.
Available resources.
Lenders are interested in the venture’s
ability to pay back the debt.
Focus on the four Cs of credit - Character, cash
flow, collateral, and equity contribution.
Banks want an objective analysis of the
business opportunity and the risks.
9. 7-9
Investors, particularly venture capitalists,
have different needs:
Place more emphasis on the entrepreneur’s
character.
Spend much time conducting background
checks.
Demand high rates of return.
Focus on market and financial projections.
How do Potential Lenders and
Investors Evaluate the Plan? (cont.)
10. 7-10
Presenting the Plan
The entrepreneur is expected to “sell” the
business concept.
Focus on why this is a good opportunity.
Provide an overview of the marketing program;
sales and profits.
Address risks and how to overcome them.
Audience includes potential investors who
may raise questions.
Investors describe these presentations as
elevator pitches.
11. 7-11
Information Needs
Before creating a business plan, the
entrepreneur must undertake a feasibility
study.
Information for a feasibility study should
focus on marketing, finance, and
production.
Feasible, well-defined goals and objectives
need to be established.
Based on this, strategy decisions can be
established.
12. 7-12
Figure 7.1 - An Upside-Down Pyramid
Approach to Gathering Market Information
13. 7-13
Operations Information Needs
Location.
Manufacturing operations.
Raw materials.
Equipment.
Labor skills.
Space.
Overhead.
Most of the information should be incorporated
directly into the business plan.
Information Needs (cont.)
14. 7-14
Financial Information Needs
The entrepreneur has to prepare a budget
of all possible expenditures and revenue
sources, including sales and any external
available funds.
The budget includes capital expenditures,
direct operating expenses, and cash
expenditures for nonexpense items.
Industry benchmarks can be used in
preparing the final pro forma statements in
the financial plan.
15. 7-15
Using the Internet as a Resource
Tool
The Internet can provide information for
industry analysis, competitor analysis, and
measurement of market potential.
It is a valuable resource in later-stage
planning and decision making; provides
opportunities for marketing strategy.
An entrepreneur can access:
Popular search engines.
Competitors’ Web sites.
Social networks, blogs, and discussion groups.
16. 7-16
Writing the Business Plan
A business plan should be comprehensive
enough to give any potential investor a
complete picture and understanding of the
new venture.
It should help the entrepreneur clarify his
or her thinking about the business.
17. 7-17
Introductory Page
Name and address of the company.
Name of the entrepreneur(s), telephone
number, fax number, e-mail address, and Web
site address.
Description of the company and nature of the
business.
Statement of financing needed.
Statement of confidentiality of report.
Writing the Business Plan (cont.)
18. 7-18
Executive Summary
About two to three pages in length summarizing
the complete business plan.
Environmental and Industry Analysis
The environmental analysis assesses external
uncontrollable variables that may impact the
business plan.
Examples: Economy, culture, technology, legal
concerns, etc.
The industry analysis involves reviewing industry
trends and competitive strategies.
Examples: Industry demand, competition, etc.
Writing the Business Plan (cont.)
19. 7-19
Table 7.5 - Critical Issues for
Environmental and Industry Analysis
22. 7-22
Operations Plan
All businesses (manufacturing or
nonmanufacturing) should include an operations
plan as part of the business plan.
It goes beyond the manufacturing process.
Describes the flow of goods and services from
production to the customer.
The major distinction between services and
manufactured goods is services involve
intangible performances.
Writing the Business Plan (cont.)
23. 7-23
Marketing Plan
It describes market conditions and strategy
related to how the product/service will be
distributed, priced, and promoted.
Marketing research evidence to support any of
the marketing decision strategies as well as for
forecasting sales should be described in this
section.
Potential investors regard the marketing plan as
critical to the success of the new venture.
Writing the Business Plan (cont.)
24. 7-24
Organizational Plan
It describes the form of ownership and lines of
authority and responsibility of members of new
venture.
In case of a partnership, the terms of the
partnership should be included.
In case of a corporation, the following should be
included:
Shares of stock authorized and share options.
Names, addresses, and resumes of directors and
officers.
Organization chart.
Writing the Business Plan (cont.)
25. 7-25
Assessment of Risk
Identifies potential hazards and alternative
strategies to meet goals and objectives.
The entrepreneur should indicate:
Potential risks to the new venture.
Impact of the risks.
Strategy to prevent, minimize, or respond to the risk.
Major risks could result from:
Competitor’s reaction.
Weaknesses in marketing/ production/ management
team.
New advances in technology.
Writing the Business Plan (cont.)
26. 7-26
Financial Plan
It contains projections of key financial data that
determine economic feasibility and necessary
financial investment commitment.
It should contain:
Summarized forecasted sales and appropriate
expenses for at least the first three years.
Cash flow figures for three years.
Projected balance sheet.
Writing the Business Plan (cont.)
27. 7-27
Appendix
It contains any backup material that is not
necessary in the text of the document.
It may include:
Letters from customers, distributors, or
subcontractors.
Secondary data or primary research data used to
support plan decisions.
Leases, contracts, or other types of agreements.
Price lists from suppliers and competitors.
Writing the Business Plan (cont.)
28. 7-28
Using and Implementing the
Business Plan
The business plan is designed to guide the
entrepreneur through the first year of
operations.
The strategy should contain control points
to ascertain progress and to initiate
contingency plans if necessary.
Without good planning employees will not
understand the company’s goals.
Businesses fail due to entrepreneur’s
inability to plan effectively.
29. 7-29
Measuring Plan Progress
Business plan projections are made on a 12-
month schedule but the entrepreneur should
frequently check on:
Profit and loss statement.
Cash flow projections.
Inventory control.
Production control.
Quality control.
Sales control.
Disbursements.
Web site control.
Using and Implementing the
Business Plan (cont.)
30. 7-30
Updating the Plan
Entrepreneurs must be sensitive to changes in
the company, industry, and market.
Determine what revisions are needed if changes
are likely to affect the business plan.
This helps entrepreneurs to:
Maintain reasonable targets and goals.
Keep the new venture on a course to high probability
of success.
Using and Implementing the
Business Plan (cont.)
31. 7-31
Why Some Business Plans Fail
Goals are unreasonable.
Objectives are not measurable.
Entrepreneur has not made a total
commitment to the business or to the
family.
Lack of experience in the planned business.
No sense of potential threats or weaknesses
to the business.
No customer need was established for the
proposed product or service.