9. #1: Shift To The Innovation Mindset
• Customers Needs Vs Customer Wants
– You have given us what we asked for. But now,
that we have seen it, we realize that it’s not what
we really want.
• Problem Space VS Solutions Space
– Define the problem statement first
• Market driven Vs Client driven
– Solve for 1 or Solve for many
– Look for Repeatability
16. Example: Snapfish Partner Solutions
• Re-licensing sharing and photo merchandize
service as white label enabled snapfish a
handsome cash flow while learning more
about markets, users, and the retail business
27. #9: Focus
• Prioritize aggressively
• Don’t have to do everything the customer says
• Celebrate real success when you meet
business goals or make customers successful
– Not when you launch the product
31. How to Build a Culture of Innovation?
• Enable the junior most to participate
• Seek ideas consistently and frequently
• Encourage fail-fast.
– Make not trying not an option
• Big ideas rarely get killed. They get diluted!
– Resist dilution…
• Gamify through leader boards and simulations
33. Thank You
Ravi Padaki
Founder, Pravi Solutions
Mobile: (91) 953-557-3939
Email: ravi@pravisolutions.com
Web: www.pravisolutions.com
Do more with ideas…