Solution oriented innovation process web (Innoberate.com)

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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

Transcript of Solution oriented innovation process web (Innoberate.com)

Page 1: 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

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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

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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.

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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.

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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 ;

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Nanjunda Pratap Palecanda +91 98452 26516 [email protected]

SOIPro - Program

4 stages 8 sessionsDesign New

Product / New Solution

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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

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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

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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

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Nanjunda Pratap Palecanda +91 98452 26516 [email protected]

SOIPro – Stage IV

•Implementation challenges

•Remeasure

•Drawing new Benchmarks

Collaborate

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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

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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.

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Nanjunda Pratap Palecanda +91 98452 26516 [email protected]

2013

Clients – Partners - Projects

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Nanjunda Pratap Palecanda +91 98452 26516 [email protected]

Collaborators & Clients

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Nanjunda Pratap Palecanda +91 98452 26516 [email protected]

Thank you for your time !

• Context eats Strategy for lunchAdopted from Peter Drucker’s quotes