1 / 8

of Innovation

of Innovation. Arashdeep Singh CINE, Feb 2008. The first step towards improvement is knowing what is wrong - Anonymous . Not creating a culture that supports innovation Not getting buy-in and ownership from business unit managers Not having a widely understood, system-wide process

kathie
Download Presentation

of Innovation

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. of Innovation Arashdeep Singh CINE, Feb 2008

  2. The first step towards improvement is knowing what is wrong - Anonymous Arashdeep Singh for CINE

  3. Not creating a culturethat supports innovation • Not getting buy-in and ownershipfrom business unit managers • Not having a widely understood, system-wide process • Not allocating resourcesto the process • Not tying projects to company strategy • Not spending enough time / energy on the fuzzy front-end • Not building sufficient diversityinto the process • Not developing criteria and metricsin advance • Not training and coachinginnovation teams • Not having an idea management system Arashdeep Singh for CINE The Big Ten Innovation Killers by Joyce Wycoff

  4. Shortage of skilled labor (71.4%) Governmental bureaucracy (76.5%) Bank policies on credit (71.4%) Inadequate R&D, design and testing (51.4%) Lack of time(60%) Inadequate financial means (44.6%) Innovation too easy to copy (83.6%) Lack of government assistance (72.9%) Arashdeep Singh for CINE Barriers to innovation for SMEs in a small less developed country by Athanasios Hadjimanolis

  5. Short term focus/ focus on operations (63%) Lack of time, resources or staff (52%) Lack of systematic innovation process (33%) Leadership expects payoff sooner than is expected (31%) Management incentives not structured to reward innovation (31%) Innovation Arashdeep Singh for CINE The [non] billable hour By Matt Homann

  6. The Sample • Gaurav Banyal, IT firm • Bharat Bhamra, Manufacturing • Ashish Gupta, Technical consulting • Jagmal Singh, Government Service • Divya Goel, Construction • Ravi Banga, Doctor • Ankur Khanna, Entrepreneur • Iqbal Singh, ITI • P Venkatesh, Education Arashdeep Singh for CINE

  7. Findings • Lower Level – Accreditation • Higher level -> External barriers Focus • Lack of time Vs Short term focus • Its a Process – not one time effort • Strategy focus – Clueless (Histogram of Creativity) • Training coaching Vs Education • Stronger Disincentive (eg doctors) Arashdeep Singh for CINE

  8. References • The Big Ten Innovation Killers and How to Keep Your Innovation System Alive and Well by Joyce Wycoff http://www.thinksmart.com/library/BigTenInnovationKillers.htm • The [non] billable hour, by Matt Homan http://thenonbillablehour.typepad.com/nonbillable_hour/2004/08/barriers_to_inn.html • Barriers to innovation for SMEs in a small less developed country by Athanasios Hadjimanolis Arashdeep Singh for CINE

More Related