Flexibility and adaptability is key to Innovation

Adapting to change and proactively responding to opportunities are daunting tasks. Top management needs to handhold teams through these risky processes. Failures need to be dealt with in a way that protects and encourages risk taking. Only CEOs can provide the time and resources required for companies to be outwardly focused, scanning the environment of competitors, customers, academicians, suppliers and even different industries. Such companies have a better chance of becoming innovation stars. CEOs can provide courage, zest, enthusiasm and speed to the whole organization. It is this energy that will drive an Innovation Initiative. Large, traditional companies have a tendency to become more bureaucratic. Bureaucracy produces politics, red tape and power struggles. People find a hundred rules to protect themselves from acting. This can repress the natural energy and enthusiasm of the organization. CEOs can prevent this deadening disease.

Turn Coat

• Play Devil's Advocate. As a discipline, think of the exact opposite of the view you have been holding. If you've been saying 'Yes' get the motivation for 'No'. • If you are an optimist, as a discipline work out the motivations of the pessimist. Most of us tend to see situations through the flawed windows of our own nature. We are optimistic or pessimistic and do not really participate with others in understanding all aspects and connotations of a problem.

Peaceful Setting Technique

The objective of the peaceful setting technique is to enable people to mentally remove themselves from present surroundings so that they have access to a less cluttered, more open mental process. The goal is to eliminate the constraints of the normal work environment that impede full use of their native creative ability.

Brainstorming Technique

Originated by Alex Osborn, brainstorming was designed to separate idea generation from idea evaluation. It has the objective of moving people into an atmosphere of freewheeling thought process, whereby ideas are stimulated through hearing others’ ideas. The emphasis is on quantity of ideas, using the philosophy that quantity produces quality

Attribute Association Technique

Procedure for use: 1. State the problem and its objectives. 2. List all of the characteristics of a product, object, or idea related to the problem. 3. Systematically modify the characteristics or attributes to meet the objectives. Affirmation • The climate of the group is set by an affirmation. Eg: What I really like about you is …. • This makes people more open and creative.

6M Positives and Negatives

The 6M is a template and a blueprint to think ideas through. It can be used with every tool and helps teams to separate the positive from the negative. Each of the six key elements of a business can be analysed, identifying the feelings of all stakeholders. For example, invite all employees to write on post-it slips what the pluses and the minuses in the company are as per the table given below 6M Positive (+) Negative (–) Men Materials Machines Methods Markets Money Do not be afraid to ask questions even if it makes you look ignorant—nobody is expected to know everything. John Adams wrote about the greatest “quantity” of human happiness. The special challenge will be to give people innovative thinking tools to create communities.

Emergence – Growth –Decline – Death

The first phase is often entrepreneurial and innovative with a sudden burst of energy capturing a new space in the market. This creative phase is terminated in a leadership crisis. It was Schumpeter who said, ‘It is rare for anyone always to remain an entrepreneur throughout the decades of his active life.’ This cycle then progresses from entrepreneurship to an organization that becomes slow and complacent. By focusing on innovation, you may rescue an organization in the declining phase of the organizational life cycle. Re-innovation or renovation becomes important when an old, traditional company goes into decline. It provides the inflection necessary to leap frog over the down hill phase. Every organization has to prepare for the abandonment of everything it does - Peter Drucker

Action Plan to Enhance Positives

• Write a love letter to your parents • Buy tickets to a music concert and give away some of it. • Treat yourself to a full moon dinner with loved ones. • Take your dog to the beach. • Plant a tree and take care of it (a tree is an oxygen factory). • Give away seeds. The monsoons are awaiting to make them grow • Feed the birds. Do God’s work

Consistent Innovation

Be sure that you have put in place a sustainable model for consistent Innovation. Once the returns from innovation start to pour in, the organization should focus on maximizing the returns through routine implementation. Harvesting is a mechanical and essential process. Use an Innovation Center to provide the foundation for a long-term initiative. Large, tradition bound, successful organizations, tend to prefer the stability that formalized procedures provide. Even though most companies accept the idea of innovation being important for success, most are not committed enough to practice it on a long-term basis. This book provides the underlying processes required to make it work on a sustainable consistent basis and demystifies the process for use across the organization. Management is bottom-line driven. Usually extremely result oriented in the short term and often losing faith in concepts very quickly. Innovation is a concept that requires a long-term buy-in and takes time to be fully ingrained in the organizational culture. Consistent, long-term commitment and long-term implementation is key to making the climate of innovation a way of life. The benefits of an innovation intervention in very early phases are intangible. Long term top management participation and commitment is key to success. A critical mass of participants in a company practicing Innovation Tools (IT) is essential to demonstrate financial and process quality impact. Innovation practices, besides leading to continuous improvement, also result in quantum shifts in the business, leading to unprecedented profits. But patience and the Bhagavad-Gita principle of ‘Do your work without expecting results,’ are required. Organizational variables like quality of work life, teamwork, tolerance for new and disruptive ideas and unimpeded communication are required to make innovation initiatives work. Deploying the time, budgets and people required to make these initiatives work, requires management buy-in. Innovation champions are critical to carry through long-term initiatives.

Revisit the problem bank

Consider the following types of problems in addition to the obvious ones. • Problems that might arise in future in each of the 6M areas. • Problems that can be avoided if identified. • Problems which can be prevented with condition monitoring. • Problems which may arise when there is a change in any of the 6M areas. Create problem banks around the initial problem statements you identify. A good company maintains a problem bank on its intranet to solicit comments from its workforce. As problems keep getting solved, they can be replaced with new unsolved problems. Reflections and actions  The lack of collaboration between departments stifles innovation  Have a well-decorated office.  Throw out negative emotions like you do thorns in the flesh  Go on a ‘juice diet’ for a day. Start with vegetable juice, and sip fruit for lunch and dinner.

- IMPACT ANALYSIS

It is now time to prioritize problems to be solved. Make sure no time is wasted on non-critical problems. Team members can critique and analyze each problem ruthlessly. Put them up on white boards in your Innovation Centre so that people live amidst them, feeling free to add their thoughts. Choose problems which are high value, big ticket items for the company. The four key issues which you may like to consider are – increasing revenues, reducing costs, improving customer satisfaction and improving employee participation. Analyse each of the problems using the following format Impact Analysis - Outcome Time Increasing Revenues Reducing Costs Improving customer satisfaction Increasing employee participation 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Reflections and actions  Motivation of employees and innovation complement one another.  Organize a movie screening.  Have a long term goal and stick to it through difficult times.  Kick the old coffee habit. Have a glass of fresh fruit juice instead.