Post on 25-May-2015
PROSPECTING & CAPTURING BUSINESS OPPORTUNITIES FROM
INNOVATION & TECHNOLOGY
SHRIRAM INSTITUTE FOR INDUSTRIAL RESEARCH19, UNIVERSITY ROAD, DELHI-110 007
Presented by :Dr. R.K. KHANDAL
Email : sridlhi@vsnl.com Website : www.shriraminstitute.org
OUTLINE OF THE PRESENTATION
1. Defining Innovation
2. Dimensions of Innovation
3. Steps involved in Innovation
4. Driving force for Innovation
5. Technology
6. Technology Package
1. Defining Innovation
DEFINING INNOVATION
Innovation is sought at every step
Not necessarily, every development can be termed as innovation
Product
DEVELOPMENT CYCLE
Improvement
Modification
R & D
Technology
Material & Process
Requirement
Cost Quality
Value additionPerformance
IndustrialAcademic
Alternate Green
Alternative
New
Advance Simple
2. Dimensions of Innovation
DIMENSIONS OF INNOVATION
INNOVATIONSCIENTIFIC APPLICATIONS
BUSINESS DEVELOPMENT
TECHNOLOGY
DEVELOPMENT
SOCIETIAL UPLIFTMENT
Ordinary
Extraordinary
Gains
DIMENSIONS OF INNOVATIONParameter
Both are complementary and essential
While the ordinary innovations succeed due to the involvement and use of the local resources, the extraordinary innovations would need a special set up as also an altogether different nurturing approach
Ordinary Extraordinary
Significant Substantial
Coverage Local Global
Driving force
Skill Knowledge
Diffusion Society Technology
Degree Simple Advance
Impact Short Term
Long Term
Changing the way business is done in terms of capturing value
DIMENSIONS OF INNOVATION: ORDINARY
BUSINESS MODEL INNOVATION
Development of new marketing methods with improvement in product design, promotion or pricing
MARKETING INNOVATION
Creation or alteration of business structures, practices, and models
ORGANIZATIONAL INNOVATION
Implementation of a new or significantly improved production or delivery method
PROCESS INNOVATION
`
Introduction of a new good or service that is new or substantially improved
DIMENSIONS OF INNOVATION: ORDINARY
Refers to service product innovation which might be, compared to goods product or process innovation
Sourcing of input products from suppliers and the delivery of output products to customers
Introducing a different product or service within the same line
PRODUCT INNOVATION
SERVICE INNOVATION
SUPPLY CHAIN INNOVATION
SUBSTANTIAL INNOVATION
Providing the assistance to the users to value add their product
VALUE ADDITION INNOVATION
A new product with innovative approach process or from alternative materials
DIMENSIONS OF INNOVATION: EXTRAORDINARY
Existing product for novel application
Novel ways to obtain sustainable materials with unique features & properties
PRODUCT INNOVATION
APPLICATION INOVATION
MATERIALS INNOVATION
Process using natural route and mechanism
PROCESS INNOVATION
3. Steps involved in Innovation
STEPS INVOLVED IN INNOVATION
Initiation; Analysis of situation, identification of challenges
Collecting ideas Developing ideas
Systematic recording of ideas
Screening
Evaluation
Decision
Implementation
Diffusion
Inno
vat i
on c
ontr
ol
Impl
emen
tati
on ,
Eva
l uat
ion ,
gen
erat
ing
idea
s
A policy that encourages the translation of ideas into products that are easily diffused would ensure competitiveness
4. Driving Force For Innovation
Reduced labour costs
Creation of new
markets
Improved quality
Conformance to
regulations
Reduced materials
Extension of the
product range
Reduced environmenta
l damage
Improved production processes
DRIVING FORCE FOR INNOVATION: FACTORS FOR COMPETITIVENESS
Replacement of products/
services
Reduced energy
consumption
Factors For Competitivenes
s
COMPETENCY
Skill Knowledge
Communi-cation
Execution
Nurturing of skills and knowledge for global competitiveness,
COMPETENCY FOR PROMOTION & PROPAGATION OF INNOVATION
Expertise Technology Innovation Analysis
Presenta-tion
Work manship
Develop-ment
Edge Self reliance
Aware-ness
Team Building
Perfec-tion
Improve-ment
Leadership
Sustain-ability
Societal Growth
Global Competitiveness
Promotion & propagation
INNOVATION FOR GLOBAL COMPETITIVENESS
INNOVATION
NextDifferentShift
Change is the only tool for survival, growth and global competitiveness; through innovation
BetterImprovedAlternative
CompetencyGrowthOptions
Global Competitiveness
Leadership
Self Reliance
Sustainability
5. Technology
Approach Dynamics : Evolutionary Process
Approach Dynamics : Technology Inputs
Approach Dynamics : Technology Process
Approach Dynamics : Technology Outputs
Technology Transfer
TECHNOLOGY
APPROACH DYNAMICS : EVOLUTIONARY PROCESS
The process of development of technology has under gone a continuous evolutionary changes over the years depending upon the changes in requirements, availability of resources and awareness about environment & ecology
The evolutionary changes have directly affected the approach dynamics in several ways but mainly in terms of : Technology Inputs Technology Process Technology Outputs
APPROACH DYNAMICS : TECHNOLOGY INPUTS
Work Force
Regimental
Non-Hierarchical
Multi-racial
Global
Machine
Heavy
Light
Automation
Biotech
Materials
Selective
Collective
Sustainability
Alternatives
Changes in approach in line with evolutionary developments lead to the approach dynamics requiring completely different technology inputs
Production focus to customer focus Resource utilization focus to sustainability focus Hardware focus to software focus
APPROACH DYNAMICS : TECHNOLOGY PROCESS
Production Focus
Process
Multi-product Batch wise
Multi-product Continuous
Hardware Focus
On-line
Control
Automation
Resource Utilisation Focus
Production
Rate
First Time Pass Rate
Manual Control % YieldBatch wise
Green Concepts
Customer Focus
Distributed Control System
Energy Efficiency
Process Controls
Software Focus Sustainability Focus
Process Efficiency
Env. Friendly Fail Safe
Sustainability Focus
Effluent Reduction
APPROACH DYNAMICS : TECHNOLOGY OUTPUTS
Quality Focus
Purity
Impurity Profile
Use Focus
Purpose & Application Specific
Bulk Quality
Residual Control
Safety Focus
Degradation
Life Cycle
Disposal Focus
Cradle -to-Grave
Quality
Recycle
Reduction
Utilization
Value Addition
Safe Disposal
Cost Reduction
Efficiency Focus
PRODUCT BY-PRODUCT
While selecting a technology, all essential components of technology package must be understood
TECHNOLOGY TRANSFER
Technology Input Process Output
Technology Document
Methodology Algorithm Control Data
Technology Package
Process Product Application Costs Safety Data
Technology Transfer
Knowledge Research Backup Capability to adopt Capability to innovate
6. Technology Package
Technology Package : Components
Feasibility / Acceptability / Adaptability
Techno-Economic Viability
Technology : Know-How
Technology : Know Why?
Technology : Know All
Innovation & Improvements
Environment Friendliness : Sustainability
TECHNOLOGY PACKAGE
TECHNOLOGY PACKAGE : COMPONENTS
Is the package wholesome?
TECHNOLOGY PACKAGE
Feasibility
Improvement
Innovation
Economic/Technical viability
Know All Know Why
Know How
Is it inline with requirements?
Sustainability
FEASIBILITY /ACCEPTABILITY / ADAPTABILITY
INPUT PROCESS OUTPUT
Market demand Market potential Value addition Export potential
Availability Sustainability
Feasibility: important for technology selection
Must before selecting technology & partner
Adaptable Available resources Safety & hazards
scrutiny
INPUT PROCESS OUTPUT
• Technology cost • Equipment cost • Manpower cost • Safety cost• Tech. capability
• Affordable• Value addition for
consumer • Competitive export
Cost-effectiveness:
can convert potential into demand;
low cost quality product always preferred
TECHNO-ECONOMIC VIABILITY
• Availability cost • Sustainability • Necessary skills
INPUT PROCESS OUTPUT
Process Parameters Process Conditions Process Control Control Parameters Efficiency Hazards
Percent Yield Percent Purity By-products and
impurities Packing conditions Packaging, Storage &
Handling
Raw Materials Quality of RMs
Selection of Raw Materials
Composition of RMs Process Equipment,
Space Auxiliaries & Utilities
Important for the adoption of technology as per the design and
meeting design criteria
TECHNOLOGY : KNOW-HOW
INPUT PROCESS OUTPUT
Batch/continuous sequence of addition of RMs
A particular way A given route
Important for continuous improvements in terms of time, cost, quality, efficiency, safety and sustainability
TECHNOLOGY : KNOW WHY?
A given type of raw material (RM)
A typical composition
Given Application A typical composition
INPUT PROCESS OUTPUT
Why a given process
Why not flexibility Carry over
reactions Algorithm
With waste With by-products Failed batches Spillages Failure on storage
and handling Enhance shelf-life Safety data
Why this ? Why not that ? Alternates
Important for over all success of the technology, technology transfer and its adaptation
TECHNOLOGY : KNOW ALL
INPUT PROCESS OUTPUT
Process modification to:• Minimize batch cycle time • Maximize productivity• Minimum hazards • Green route
• Maximize yield • Minimize inputs• Minimize waste • Reduction of
rejections
• Alternate source of RMs
• Alternate process equipment
Never ending tool for development of newer technologies, improved product quality and cost-effective product
INNOVATION & IMPROVEMENTS
ENVIRONMENT FRIENDLINESS : SUSTAINABILITY
INPUT PROCESS OUTPUT
Effluent treatment Non-hazardous by-
products Energy-efficiency Green route
Biodegradability and cradle -to - grave approach
Impact on environment is minimum
Renewable resource Impact on
environment due to RM production
Environment-friendliness has become over riding factor and criteria for success of any technology
While deciding about technology it must be ensured
CONCLUSION
Prospecting with:
Defining objectives
Evaluating options against objectives
Assessing level of innovation
Short listing the right partner and technology
Capturing through:
Know-how
Technology package
Continuous innovation support system
THANK YOU