Post on 17-Oct-2014
description
world-class innovation
the innovation workgroup
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World-Class InnovationServices Offered by
the innovation workgroup
world-class innovation
the innovation workgroup
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Our mission• The Innovation Workgroup exists so that enterprises
in India and beyond can become world-class innovators.
• World-Class means that your innovation process, innovation system and innovation results are on a par with those of the world’s most innovative companies.
• Innovation means conceiving and implementing new ways to improve business results.
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the innovation workgroup
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Some of the organisations we have served
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the innovation workgroup
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Our World-Class Team• All Senior-Level Consultants• Were Previously Innovation Directors, Managers, etc.• Includes Inventors, Patent Holders• Innovation Lab Experience• Expert Facilitators/Coaches• Worked for Leading Organizations• Global Exposure• Experience in Multiple Industries• Profiles Available Upon Request
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the innovation workgroup
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How Can Innovation Improve Your Results?
Innovation• New products• New processes
Differentiation• More benefits• Lower costs
Competitive Advantage• Increased sales• Higher margins
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the innovation workgroup
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The path to world-class innovation(As Rare
As Unicorns)
Accidental Innovators
Fit For Purpose
Stars World Class
Potential Stars
Thinking About
Innovation
Not Innovating
MuchBewildered
Innovation Commitment
Inno
vati
on C
ompe
tenc
e
Source: Tim Kastelle http://timkastelle.org/blog
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the innovation workgroup
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Collaborate with us to reach world-classWe address both axes on the Innovation Matrix
• Competence. We coach and lead your associates to master and apply the most effective tools and methods used by the world’s most innovative firms.
• Commitment. We coach and support your business leaders to determine and implement the right policies, programs and structures for your organization to create a culture of innovation.
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the innovation workgroup
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How do we improve your competence?• We will lead your team to develop an innovative
solution to a challenge (a problem or opportunity in any area of your business, preferably a stretch target worth hundreds or even thousands of crores) that you assign. As your team works on the challenge under our guidance, they will master our world-class, three-step innovation process. There are two deliverables:
1. A solution to your assigned challenge 2. Employees trained in and competent to use a world-class
innovation process and toolkit to address other challenges
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the innovation workgroup
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World-class innovation processThe Innovation Workgroup System is a Three-Step Process
Discover Invent Refine
•Innovation starts when innovators discover a new insight. Most companies omit this important step.
• Innovations produce profit only if they are developed and launched quickly and inexpensively.
•Breakthrough innovation occurs when an idea is original and unique, not just a minor change.
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the innovation workgroup
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World-class goals and tools for each step
SEARCHING FOR INSIGHTS– Customer Insights
• Problems• Unvoiced needs
– Technology Insights• New applications• Improvements
TECHNIQUES AND TOOLS– Customer/user observation– Ethnography– Skilled interviewing– Analysis of user observations– Technology monitoring– Journeys to the future
DiscoverCREATING ORIGINAL SOLUTIONS
– Totally new solutions• Lateral thinking• Perspective shifting• Prolific, guided ideation
– Better Ideas• Fact-based solutions
TECHNIQUES AND TOOLS– Brainstorming– Lateral thinking– TRIZ– Clustering– Rapid estimation– Wisdom of crowds
VALIDATING AND LAUNCHING
– Thoroughly tested solutions• Stakeholder approved• Value creating• Technologically feasible
– Efficient idea development• Low cost, speedy process
TECHNIQUES AND TOOLS– Rapid, iterative prototyping– Customer feedback gathering– Participatory design– Positioning analysis– Experimental design– Market testing
Invent Refine
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What is the right level of commitment?• We will mentor a team of your top management or
their nominees to gain deep insights into the factors that enable and block innovation in your unique corporate culture. Then, based on these insights, we will coach the team to develop, test and launch a set of policies, programs and structures that will produce profit-improving innovation on a consistent basis. The goal is to set the level of commitment that best fits your company’s strategy, goals and constraints to maximize the return on investment from innovation.
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the innovation workgroup
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How to engage The Innovation Workgroup• We offer five options1. Challenge-based innovation project2. Culture of Innovation project3. Innovation personality profiling (individuals)4. Introductory workshop or short program5. Innovation audit
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the innovation workgroup
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Model 1: Challenge-based innovation• Apply world-class innovation directly to a major
challenge in any area of the business (see slide 8)Model Solution Delivered (Maturity) Skills Gained Duration
Full-time project(4-6 associates, 2 consultants)
Comprehensive solution development at a world-class level with testing and validation
Professional competence
3-13 weeks*
Part-time project(12-20 associates, 1 consultant)
Comprehensive solution development with testing and validation, fresher level
Post-Graduate competence
6-13 weeks**
*Depends on complexity of challenge selected and location of field work.** Depends on percentage of employee work week allotted to the engagement.
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Model 2: Culture of Innovation project• Apply world-class innovation to the challenge of
building a culture of innovation in your organizationModel Solution Delivered (Maturity) Skills Gained Duration
Full-time project(4-6 associates, 2 consultants)
Comprehensive set of policies, programs and structures designed to promote successful innovation in your organization.
Professional competence
3-4 weeks
Part-time project(12-20 associates, 1 consultant)
Comprehensive set of policies, programs and structures designed to promote successful innovation in your organization.
Post-Graduate competence
6-9 weeks
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the innovation workgroup
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Model 3: Innovation Personality Profiling• We have brought the world’s foremost innovation
assessment tool to India to enable companies to assign their employees where they will be most productive in the innovation cycle
• Positive approach builds confidence for every employee who is assessed. No one is rated “not innovative”
• Low cost per test allows testing of the full innovation team
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Model 4: Introductory workshop/program• Expose staff to world-class innovation• Introduce new approaches and ways of thinking• Build excitement about innovation• Challenge-based workshops provide practice in innovation tools
and techniques• Workshops available for business challenges, culture-building
challenge, functional specialties, specific innovation methods• Choose half-day, one-day, two-day or three-day workshops• Option to train your trainers to bring programs in-house• Short programs and keynote addresses available• All programs are customizable for your organization at no
additional cost
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Model 5: Innovation Audit• We spend one day with you onsite observing your
operations and interviewing your managers and associates
• We perform analysis using our proprietary diagnostic instrument, which is based on best practices in use at the world’s most innovative companies
• You receive a detailed assessment of your innovation system and process, including gaps where change will produce quantum improvements in your results
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Bonus: Exchange of views• Up to two hours with your senior leaders to discuss
world-class innovation and your views on innovation• Session is guaranteed to add value to your top team
through new perspectives, new facts about innovation, and new inspiration through success stories from other enterprises
• No professional fee (travel expenses may apply)
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the innovation workgroup
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The Innovation Workgroup is different• Instead of selling you a solution, we teach your team to invent a
new, original solution• You’re not the same as any other company, so every engagement
is customized for you. We don’t try to repeat a solution from another engagement, because it probably wouldn’t work in your company anyway
• We respect your knowledge and experience. Our job is to add our innovation expertise to your knowledge and experience
• We are focused on results. The goal is to generate hundreds of crores or even thousands of crores of new revenues and profits
• Our pricing reflects our world-class expertise and our Indian environment. We cost more than less experienced consultants, but we’re considerably more affordable than other world-class firms
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Sample Price RangesModel Outcomes Option A Option B
Challenge-Based Innovation
Your team invents an innovative solution to a business challenge worth hundreds or even thousands of crores, while learning world-class innovation
Full-time15-50 lakhs
Part-time8-15 lakhs
Culture of Innovation
Your team invents policies, programs and structures to promote world-class innovation in your organization
Full-time15-30 lakhs
Part-time8-15 lakhs
Assessment of Capabilities
Discover the innovation profiles of your innovation team members
Small number850 rupees each
Large numberdiscounted
Introductory Workshop or Short Program
Build excitement about world-class innovation. Introduce new approaches and ways of thinking
2-day workshop3.4 lakhs
1-day 2.2 lakhs½-day 1.2 lakhsKeynote 1.1 lakhs
Innovation Audit
Learn where your innovation system can be improved to reach world-class standards and achieve better results
Flat fee, 1.1 lakhs Not applicable (standardized offering)
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Affordable or expensive?EXPENSIVE!
Costs more than junior consultants with only domestic exposureTakes employees away from urgent tasks for 10% to 80% of the work week for days or weeks.Expense requires senior-level budgetary approval
AFFORDABLE!Costs less than foreign consultants with similar experienceEquips employees to contribute repeatedly to business improvement with world-class innovationReturn on investment can easily reach 100x or more
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Profile: David Wittenberg, CEOKnown as India’s resident innovation guru, David brings
world-class innovation to top-tier Indian and multi-national corporations including Reliance Industries, Tata and Ericsson. The author of The Executive’s Guide to Innovation, David introduces global best practices in the discipline of innovation so that firms can manage innovation for breakthrough results.
Prior to founding The Innovation Workgroup, David worked at one of the world’s leading innovation labs, the Advanced Concepts and Technology group at Pitney Bowes, a Fortune 500 corporation. A lifelonginnovator, David holds two patents, has written five books, is a published songwriter, and has created four business solutions that each generated more than $1 million.
Earlier in his career, David worked as an independent management consultant for such firms as American Express, AT&T, Kelly Services, Philip Morris, Standard & Poor’s and UPS.
David earned his MBA in international management with honors from the Thunderbird School of Global Management, where he served as a research assistant and co-wrote three business cases. A highly-rated speaker, he has lectured on innovation, marketing, strategy, entrepreneurship and salesmanship, and has taught business at Stratford University and FOSTIIMA Business School. He resides in New Delhi.
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the innovation workgroup
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Thank you
the innovation workgroupworld-class innovation
Your feedback and enquiries are welcomeAjay Sanghani, COO
Telephone +91 98200 20753 E-mail ajay@theinnovationworkgroup.com