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MANAGEMENTINNOVATIONMANAGEMENTINNOVATION

Presented By:-

Abhishek Singh - 02A

Anoop Raj Srivastava -05AAnoop Sharma -06A

Avnish Sharma -10A

Inder Joshi -17A

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Management InnovationManagement Innovation

Management innovation is anythingthat substantially alters the way in

which the work of management iscarried out, or significantlymodifies customary organizationalforms and by doing so, advances

goalsGARY HAMEL

Management innovation is anythingthat substantially alters the way in

which the work of management iscarried out, or significantlymodifies customary organizationalforms and by doing so, advances

goalsGARY HAMEL

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How to Become aManagement Innovator

How to Become aManagement Innovator

Commit to a big problem.

Search for new principles/approaches.

A Deconstruction of managementorthodoxies

Commit to a big problem.

Search for new principles/approaches.

A Deconstruction of managementorthodoxies

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Commit to a big problem.Commit to a big problem.

What are the tough trade offs thatyour company never seems to getright?

What is your company bad at?

What are the emerging

challenges?

What are the tough trade offs thatyour company never seems to getright?

What is your company bad at?

What are the emerging

challenges?

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Search for new

principles/approaches

Search for new

principles/approaches Uncover unconventional principles

that opens up new seams of

management innovation. What things exhibit the attributes or

capabilities that you would like to build inyour organisation.

Find ways to drive passion,ingenuity and self- direction inyour organisation.

Uncover unconventional principlesthat opens up new seams of

management innovation. What things exhibit the attributes or

capabilities that you would like to build inyour organisation.

Find ways to drive passion,ingenuity and self- direction inyour organisation.

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A Deconstruction ofmanagement orthodoxies

A Deconstruction ofmanagement orthodoxies

Able to distinguish between whatis apparently true and what iseternally true.

Is belief toxic to ultimate goal?

Can you imagine an alternative to the

reality the belief reflects.

Able to distinguish between whatis apparently true and what iseternally true.

Is belief toxic to ultimate goal?

Can you imagine an alternative to the

reality the belief reflects.

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AdvantagesAdvantages Best customers

Large market share

Increased shareholder return

Increased employee motivation andmorale

Best customers

Large market share

Increased shareholder return

Increased employee motivation andmorale

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ExamplesExamples Harnessing employee intellect at

Toyota.

Building a community at Whole Foods.

Growing great leaders at GE.

Harnessing employee intellect at

Toyota.

Building a community at Whole Foods.

Growing great leaders at GE.

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Harnessing employee intellect

at Toyota.

Harnessing employee intellect

at Toyota.

Employees are more than cogs.

They are problem solvers innovatorsand change agents.

Real advantage was ability toharness intellect of ordinary

emlpoyees.

Employees are more than cogs.

They are problem solvers innovatorsand change agents.

Real advantage was ability toharness intellect of ordinary

emlpoyees.

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Building a community at

Whole Foods.

Building a community at

Whole Foods. Create an organisation based on love

rather than fear.

Managers consult teams on all storelevel decisions.

Bonuses are paid to teams not toindividuals.

Managers have access to the details ofevery coworkers compensation.

Create an organisation based on loverather than fear.

Managers consult teams on all storelevel decisions.

Bonuses are paid to teams not toindividuals.

Managers have access to the details ofevery coworkers compensation.

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Growing great leaders at GE.Growing great leaders at GE.

Persistent

Growing training facility inCrotonville, NewYork

360 degree feedback

The more you do,the better are

your chances of reaping greaterpayback.

Persistent

Growing training facility inCrotonville, NewYork

360 degree feedback

The more you do,the better are

your chances of reaping greaterpayback.

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Management Innovations

so far of 20th century

Management Innovations

so far of 20th century 1. Scientific management (time and motion studies)

2. Cost accounting and variance analysis

3. The commercial research laboratory (the industrialization of science)

4. ROI analysis and capital budgeting

5. Brand management

6. Large-scale project management

7. Divisionalization

8. Leadership development

9. Industry consortia (multi company collaborative structures) 10. Radical decentralization (self-organization)

11. Formalized strategic analysis

12. Employee-driven problem solving

1. Scientific management (time and motion studies)

2. Cost accounting and variance analysis

3. The commercial research laboratory (the industrialization of science)

4. ROI analysis and capital budgeting

5. Brand management

6. Large-scale project management

7. Divisionalization

8. Leadership development

9. Industry consortia (multi company collaborative structures) 10. Radical decentralization (self-organization)

11. Formalized strategic analysis

12. Employee-driven problem solving

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SummarySummary

Innovation is more than technology.

Management innovation is the key.

It will become even more imortant infuture.

Innovation is more than technology.

Management innovation is the key.

It will become even more imortant infuture.

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THANK YOU