Solution oriented innovation process web (Innoberate.com)
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Transcript of Solution oriented innovation process web (Innoberate.com)
Nanjunda Pratap Palecanda +91 95388 90390 [email protected]
Solution Oriented Innovation
Process
Designing Product or solutions to
Solve customer’s problems in
a continuously changing market
Workshop on Innovation and Solution design
Nanjunda Pratap Palecanda +91 98452 26516 [email protected]
Innovation inside-out
SOIPro draws inspiration from the Philosophy of
everything is interconnected
Which is the underlying philosophy in Hinduism, Buddhism and Ubuntu
Philsophy of Africa
Intersection of Chakras or Lifecycle
Customer Lifecycle intersected with Product / Service Lifecycle and
Competition Lifecycle
Nanjunda Pratap Palecanda +91 98452 26516 [email protected]
Intersection of essential chakras
Competition Lifecycle Product
LifecycleCustomer Lifecycle
Reach, Engage, Acquire, Preserve and Collaborate (ReapCol)
To derive maximum value to the customer and sustained value creation for all stake holders.
Nanjunda Pratap Palecanda +91 98452 26516 [email protected]
Approach to innovation
Think outside the box
Innovation Inside out
Inside the Box
This is where we belong
While we have been inspired by each of the other approaches, we believe this is by far the safe and sure for the Businesses to engage with.
Nanjunda Pratap Palecanda +91 98452 26516 [email protected]
Why Innovation inside-out?
• cognizance to Organizations core strengths
• aware of Organizations deliverables
• understand Organizations limitations
• in synch with Customer needs
• updated about competition
• clear about Organizations long term goals
• able to ensure sustenance and continuity
As a Business Leader or an Entrepreneur, one has to be ;
Nanjunda Pratap Palecanda +91 98452 26516 [email protected]
SOIPro - Program
4 stages 8 sessionsDesign New
Product / New Solution
Nanjunda Pratap Palecanda +91 98452 26516 [email protected]
SOIPro – Stage I
• Identify Topic
• Gain Collaborators and support
• Form Innovation team
• Define the scope
• Vision, Objectives, Critical Success Factors, CLC(Customer Life-Cycle)
Design
Nanjunda Pratap Palecanda +91 98452 26516 [email protected]
SOIPro – Stage II
• Capture the current process, identify blockages / gaps (Reality Check)
• record data (Keep assumptions out)
• Prioritise blockages - Pareto
• Map new process
• Draw roles / responsibilities, KPI’s, system effects
Investigate
Nanjunda Pratap Palecanda +91 98452 26516 [email protected]
SOIPro – Stage III
• Report, develop business case & implmentation plan
• Develop a Communication strategy and articulate comparisons
• Comparative analysis on old process (offering) and new process (Offering)
Integrate
Nanjunda Pratap Palecanda +91 98452 26516 [email protected]
SOIPro – Stage IV
•Implementation challenges
•Remeasure
•Drawing new Benchmarks
Collaborate
Nanjunda Pratap Palecanda +91 98452 26516 [email protected]
Workshop
Schedule
• Eight sessions of 90 minutes each
Participants
• Leaders / Talent with ownership of
• Product development
• Solution design
• Design / Development
• Production
• Sales
• CRM
• Pre-sales
• Resource Management
Outcome
• New or improved Product
• New or improved Solution
• New or Improved service offering
• Better value for customer
• Larger market share
• Increase in revenue
• Increase in Profits
Nanjunda Pratap Palecanda +91 98452 26516 [email protected]
Profile
Nanjunda Pratap Palecanda (Nanju)
An idea genie with 20 years of Industry experience across Internet Technologies, Analytics and Management Consulting, a serial entrepreneur, Pioneer in Internet business in India, Innovation Consultant & Trainer and an Alumni of IIM,Bangalore
Founder: kannada.com
Founder & Convener: slowpoison.com
Founder & Director: Source Kapital Pvt Ltd
Creator: SOIPro
Founder & Convener: Good Kapital
Satya Maddela
Satya comes with technical background having worked in Finance and Healthcare in BBH and GE. A seasoned and successful Leader with track record of producing, presenting and managing the implementation of innovative business solutions. A Cloud specialist, is an Electronics Engineer with MBA from Harvard University.
Nanjunda Pratap Palecanda +91 98452 26516 [email protected]
Collaborators & Clients
Nanjunda Pratap Palecanda +91 98452 26516 [email protected]
Thank you for your time !
• Context eats Strategy for lunchAdopted from Peter Drucker’s quotes