My slide deck from the presentation made during a workshop at Administrative Staff College of India, Hyderabad on "Growth Issues for Startups in India"
7. Bottom-lineBottom-line
DesirableDesirable
to Users?to Users?
Possible withPossible with
Technology?Technology?
Viable inViable in
the Market?the Market?
INNOVATIOINNOVATIO
NN
UtilityUtility
Pain-ProblemPain-Problem
-Performance-Performance
Need (latent / patent)Need (latent / patent)
EntertainingEntertaining
What is this animal called Innovation?
Not preach to the choir
Stroke of genius
Inventive step
Impact = social + economic + environmental
Useful / Entertaining / Useless
Policy angle....people classify it based on technologies, verticals...
Focus of policy makers Next Google, next iPod... a Piped dream if that happens; then it is serendipity
Change the paradigm 3-X’s
Used for wet waste....garbage waste
Copycat innovation
Revolutionized... Changed radically
Place A to B
Place A to B faster / quicker
Place A to B more safely
Eliminated the distribution chain
Mass customisation
Catalog / phone order
Durables...
Internet