Unleashing innovation across the value chain
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This document discusses unleashing innovation across the value chain as a mantra for growth. It defines innovation and the value chain model, and argues that those who can inject innovation into every activity of the value chain and build good relationships will profit most from innovation in global value chains. Examples are given of innovators like Steve Jobs and Howard Schultz, and how companies can innovate in primary activities like operations and logistics as well as supporting activities like procurement, technology development, and human resources. The conclusion emphasizes that innovation comes from ideas and changing routines rather than chemical formulas or markets, and stresses the importance of imagining, implementing ideas, and not letting lack of resources stop innovation.
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In the Innovation Blueprints magazine you'll discover how a ‘New Breed’ of Organisations are using the latest innovation breakthroughs to innovate across every aspect of their business – from new products, marketing and sales to customer service and financial processes.
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The document discusses an innovation called JukeDeck, an artificial intelligence jukebox created by Ed Rex and Patrick Stobbs. It identifies pains around the high costs of licensing music and difficulty sourcing royalty-free music. JukeDeck uses AI to compose unique music in different genres, tempos, and moods to address these pains. It took the founders around 5 years to develop the prototype, pitch to investors, and launch the product, which is now gaining attention for its ability to customize music through AI.
Innovation Begins with Ideation
There is considerable talk about innovation in businesses of all sizes, from startups to multinational public companies. “Innovation” and “innovate” are the most overused words in business. Is innovation a specialty or can it be cultivated by an entire organization? How do you innovate? And is there a blueprint for innovation? We explore these questions, and how the key to innovation is ideation, in our first Slideshare presentation!
Unlocking Innovation: Training Teams and Individuals to have Every Day Breakt...
Unlocking Innovation: Training Teams and Individuals to have Every Day Breakt...Career Communications Group
Unlocking Innovation: Training Teams and Individuals to Have Every Day Breakthroughs
In order to stay ahead of the competition, people and teams must be creative and innovative. The key to success is engaging in ways of thinking that inspires breakthroughs. Science and technology is about using talent and skills to create possibilities. Did you know that there are proven tools to inspire teams to have every day breakthroughs? Uncover hidden talent on your team; learn strategies that are not only fun and creative, but also just might help you create the next breakthrough.
Learning Outcomes: Improve leadership skills to motivate, inspire, and foster innovation within an organization
At the end of this seminar participants will be able to:
a) Explore leadership skills that encourage creativity
b) Learn techniques and tools that support an inventive mind
c) Play games that inspire creativity and innovation
Out Innovating The Innovators!
The document discusses the need for businesses to innovate in order to stay competitive in today's unpredictable business environment. It emphasizes that innovation means doing things significantly different than competitors and dominating the market. It also stresses that an innovative culture is needed where people are empowered and problem solving is a priority over continuous small improvements. The key is to set unreasonable expectations and experiment with really cool new ideas.
Procter & Gamble open innovation approach
Presented at the Hands On Open Innovation workshops, this presentation explains why such giant as P&G engages in open innovation. P&G shares its approach to open innovation called Connect & Develop and reveals lessons the company has learned from applying open innovation practices.
More info about the event at http://www.ideonopen.com/events
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Unleashing innovation across the value chain
- 1. “Unleashing Innovation Across The Value Chain: A Mantra For Growth” Presented By:- Debayan Ghosh
- 4. “Who profits from innovation In Global Value Chains?” Those who have a Particular Vision. Those who can inject Innovation in each and every activity of Value Chain. Those who can make a Difference. Company who can build up a good relationship
- 5. Steve Jobs didn't invent the GUI(graphical user interface) or the computer mouse, but when he saw them demonstrated, his mind was probably racing with practical applications. Howard Schultz didn't invent coffee, espresso, or cappuccino, but he has certainly been an innovator in bringing all that to the masses through Starbucks
- 6. “Innovation the tool for India’s growth”
- 7. Where Does Innovation Come From? Vision. Problem solving Capability. Passion. Focused brainpower. Work stamina. Ignore self doubt. Follow Your Curiosity.
- 8. “How to keep Innovating” •Always be madly focused at something you are passionate about. •You can be everything in your life, just not all at once. •Remember: you can learn from anyone.
- 9. “Unleashing the Innovation” For Example: Japanese “SQUARE” Watermelons:
- 10. “Unleashing the Innovation” Value chain: Innovation in primary activity. Inbound Outbound Marketing Operation & Service. Logistics. Logistics. Margin Sales. DELL. TOYOTA. IKEA. APPLE. HP.
- 11. “Unleashing the Innovation” The Value Chain: Innovation in supporting activity. Procurement: Apple. Technology Development: IBM(by Bloomberg.) Human Resource Management: Google.(by ET.) Firm Infrastructure: Google.(by Great Place To Work.)
- 12. “Innovation holds the key ” •Innovation is the success mantra for a company. •Another kind of successful innovation is combination of existing ideas. For example, Cinema + shopping + dining =Multiplex
- 14. A Holistic approach is necessary to convert innovation into growth.
- 15. Conclusion: •Innovation does not have any chemical formula, Nor it is available in Market. INNOVATION comes from an Idea. Idea to change, to act differently ,Therefore: Start imagining. Implementation of the Idea. Change your routines. Notice assumptions. NEVER let "not enough resources" stop you.
- 17. Thank you.