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Connect 2 Dots
18th April 2013
Panacea, DMIETR
Wardha
By:
Deepak Menaria (~DM)
Director(Innovation)- MGI
Founder, ONE Foundation
1
Management Innovation
Simple Oxford Meanings..
2Connect Two Dots
Creativity
To make changes ; To introduce new ideas, method
Innovation
Ability to create in imaginative way
"Creativity involves breaking out of
established patterns in order to look at things in a
—Edward de Bono
3
The problem is never
how to get new,
innovative thoughts into
your mind, but how to
get the old ones out.
—Dee Hock
Innovation
5Connect Two Dots
What is Innovation ?
• Creativity in action
• Creativity & Strategy & Implementation & Profitability
• A-ttitude; B-usiness Value; C-uriosity; D-ifferentiation; E-xecutable
Roots of Creative Thinking
• Belief in Creativity
• Learn & Unlearn , apply common sense !
• Curiosity
• Challenge the conventional wisdom
• Be like a child (Unconditioned mind)
• Be open to listen and brainstorm
Who is Villain ??
WE ALL !!
Very Simple Innovations….
6Connect Two Dots
Very Simple Innovations….
7Connect Two Dots
Very Simple Innovations….
8Connect Two Dots
Connect Two Dots 9
Connect Two Dots 10
Connect The Dots 11
Service Innovations
Connect Two Dots 12
Connect Two Dots 13
Service Innovations
"All it takes is one idea to solve
an impossible problem."
—Robert H. Schuller
Management
15Connect Two Dots
Management
• Management of People ,Resources, Finance, Customers
• Technological changes with Innovations but not Management
• People (Employees, Customers) are most complex resource to manage
Management Objectives
• Business Growth
• Top line and Bottom line
• Customer Satisfaction
• People Retention
• Shareholders Returns
• Societal Growth
Why Innovation ?
16Connect Two Dots
• Change is only constant
• People changes
• Customers, Employees
• Likes, Dislikes, Behavior
• Technology Impact
• Competition
• Exponential Jump
• External Economic Conditions
• Not to become ‘Obsolete’
Innovation is the change that outperforms the previous
practice.
Time: Innovation Axis
17Connect Two Dots
Time
• Changes and Adaptations in line with changing Times
• Changing Behavior, Needs, Expectations and Thinking
What is relevant to generation ‘X’ is different from generation
‘Y’
Place: Innovation Axis
18Connect Two Dots
Place
• Changes and Adaptations in line with Culture and Place
• Changing Perspective, Desires, Expectations and
Acceptance
What is relevant to a ‘Geo’ is different from Place to Place;
Culture to Culture: Diversity Vs. Localization
Connect The Dots 19
47
Mn
19
Mn 7
Mn
3Mn
5Mn
3Mn
India
Bangladesh
PakistanIran
Brazil
Mexico
Philippines
5Mn
4Mn
Vietnam
2Mn
Turkey
-10
Mn
China
-6
Mn
Russia
5Mn
Indonesia
1Mn
Malaysia
0Mn
Ireland
Israel
0Mn
Iraq
2Mn
-1
Mn
Czech
Republic
4Mn
Egypt
-17Mn
US
-2 Mn
UK
-2 Mn
Italy
-3 MnFrance
-9 Mn Japan
-0.5 Mn
Australia
-3 MnSpain
-3 MnGermany
Working Population Surplus: 2020
Technology: Innovation Axis
20Connect Two Dots
Technology
• Changes and Adaptations in line with Technology
• The ‘e’ , ‘m’ Factor
• Old Wine in new Bottle
• Technology changes leads to changing Behavior Patterns
Radical Thinking
21Connect Two Dots
• Listen and embrace change
• Think with the time
• Inquisitiveness : Ability for “WHY”
• Challenge the sacred beliefs
• OPEN, Collaboration and Co-create
• Question “Aisa hi hota hai”
• Cross Pollination
• Communication/Collaboration /Connect : Gen Y
Connect Two Dots 22
New World of Work
Tech.
Time
Place
Connect Two Dots 23
Lets Innovate !!
http://www.linkedin.com/in/deepakmenaria
https://www.facebook.com/deepak.menaria29
http://www.Twitter.com/deepakmenaria
http://deepakmenaria.blogspot.in/

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mgmt_innovation_dots

  • 1. Connect 2 Dots 18th April 2013 Panacea, DMIETR Wardha By: Deepak Menaria (~DM) Director(Innovation)- MGI Founder, ONE Foundation 1 Management Innovation
  • 2. Simple Oxford Meanings.. 2Connect Two Dots Creativity To make changes ; To introduce new ideas, method Innovation Ability to create in imaginative way
  • 3. "Creativity involves breaking out of established patterns in order to look at things in a —Edward de Bono 3
  • 4. The problem is never how to get new, innovative thoughts into your mind, but how to get the old ones out. —Dee Hock
  • 5. Innovation 5Connect Two Dots What is Innovation ? • Creativity in action • Creativity & Strategy & Implementation & Profitability • A-ttitude; B-usiness Value; C-uriosity; D-ifferentiation; E-xecutable Roots of Creative Thinking • Belief in Creativity • Learn & Unlearn , apply common sense ! • Curiosity • Challenge the conventional wisdom • Be like a child (Unconditioned mind) • Be open to listen and brainstorm Who is Villain ?? WE ALL !!
  • 13. Connect Two Dots 13 Service Innovations
  • 14. "All it takes is one idea to solve an impossible problem." —Robert H. Schuller
  • 15. Management 15Connect Two Dots Management • Management of People ,Resources, Finance, Customers • Technological changes with Innovations but not Management • People (Employees, Customers) are most complex resource to manage Management Objectives • Business Growth • Top line and Bottom line • Customer Satisfaction • People Retention • Shareholders Returns • Societal Growth
  • 16. Why Innovation ? 16Connect Two Dots • Change is only constant • People changes • Customers, Employees • Likes, Dislikes, Behavior • Technology Impact • Competition • Exponential Jump • External Economic Conditions • Not to become ‘Obsolete’ Innovation is the change that outperforms the previous practice.
  • 17. Time: Innovation Axis 17Connect Two Dots Time • Changes and Adaptations in line with changing Times • Changing Behavior, Needs, Expectations and Thinking What is relevant to generation ‘X’ is different from generation ‘Y’
  • 18. Place: Innovation Axis 18Connect Two Dots Place • Changes and Adaptations in line with Culture and Place • Changing Perspective, Desires, Expectations and Acceptance What is relevant to a ‘Geo’ is different from Place to Place; Culture to Culture: Diversity Vs. Localization
  • 19. Connect The Dots 19 47 Mn 19 Mn 7 Mn 3Mn 5Mn 3Mn India Bangladesh PakistanIran Brazil Mexico Philippines 5Mn 4Mn Vietnam 2Mn Turkey -10 Mn China -6 Mn Russia 5Mn Indonesia 1Mn Malaysia 0Mn Ireland Israel 0Mn Iraq 2Mn -1 Mn Czech Republic 4Mn Egypt -17Mn US -2 Mn UK -2 Mn Italy -3 MnFrance -9 Mn Japan -0.5 Mn Australia -3 MnSpain -3 MnGermany Working Population Surplus: 2020
  • 20. Technology: Innovation Axis 20Connect Two Dots Technology • Changes and Adaptations in line with Technology • The ‘e’ , ‘m’ Factor • Old Wine in new Bottle • Technology changes leads to changing Behavior Patterns
  • 21. Radical Thinking 21Connect Two Dots • Listen and embrace change • Think with the time • Inquisitiveness : Ability for “WHY” • Challenge the sacred beliefs • OPEN, Collaboration and Co-create • Question “Aisa hi hota hai” • Cross Pollination • Communication/Collaboration /Connect : Gen Y
  • 22. Connect Two Dots 22 New World of Work Tech. Time Place
  • 23. Connect Two Dots 23 Lets Innovate !! http://www.linkedin.com/in/deepakmenaria https://www.facebook.com/deepak.menaria29 http://www.Twitter.com/deepakmenaria http://deepakmenaria.blogspot.in/