Wednesday, December 30, 2015

Management systems and implementation : Steering Committee


Create a steering committee to lead and co-ordinate the Innovation Initiative. The Chief Innovation Officer is usually the chief executive. He is supported by the Innovation Champion and at least two members of top management. This committee will conduct monthly reviews. They will ensure smooth process flow while inspiring the teams to deliver results. The duties of the Innovation Champion will be as follows. • Ensuring that innovation spirals meet regularly. • Organizing training of the trainers and others on an ongoing basis. • Regular follow up to ensure that tasks agreed are carried out. • Facilitating collection of monthly reports and preparing a consolidated report. • He will handhold teams, encourage and promote innovation across the company. The steering committee meets once a month to review and take corrective action. Footfall in the working areas and daily workplace meetings can encourage greater commitment and engagement. The launch should keep the whole organization informed and excited about the plan. The floor should be kept open for those who would like to participate. All teams can meet to gather forces for implementation. The management of innovation depends on the structure created to institutionalize it. Sustained innovation should be recognized as a critical element in organizational structure. Large companies have now finally begun to recognize this. They should ensure that support is provided for innovative projects with potential.

Sunday, December 20, 2015

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.

Thursday, December 17, 2015

Innovation Bytes


The metamorphosis model of organizational development describes the organizational life cycle of companies which passes through cycles of growth and decline: 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

Wednesday, December 16, 2015

Innovation in Indian Management


Indian management is often conservative and insists that people work nine to five and stick to the knitting. Few companies have what IBM called ‘wild ducks.’ Conformity has been a central value of Indian life. All wild ducks are tamed to conform long before they reach the workplace. Innovation comes from people. Technology is only a tool that may enhance it. People and their invisible minds are key. Thinking tools are a mechanism to teach creativity. This requires exploding myths about obedience and stereotypes about ‘good’ managers who do not rock the boat by asking inconvenient questions. It also involves promoting, nurturing leadership styles. Just as the quality movement in Japan started in society and slowly built up into a tidal wave overwhelming industry, the innovation movement too needs to start with a change in social values. Innovation is a customer based and employee respecting philosophy that has benefited many modern organizations. It is also a tool that can shape organization culture into a happier, more humane, friendly place. An Innovation Star sustains and nurtures innovation spirals and the innovation process that is critical for success.

Monday, December 14, 2015

Innovation Mela


Innovation Melas celebrate the spirit of innovation. The most innovative new ideas are studied and applauded. In short it is a day to enjoy, inspire and celebrate corporate innovation and honour the imagination. It is a great way to provide a holistic view of events, while celebrating innovation publicly. Inviting a customer to provide his point of view could create a special wave of excitement. It is a banquet for the imagination: well loved, proven ideas rub shoulders with exotic new imports. Half completed projects call for volunteers. Implemented ideas are paraded and honoured. Case studies in the market are presented, competitions and quizzes stimulate participation. Problem owners call for consultants to tame their problem projects. Everyone rolls up their sleeves to tame wild ideas. Top management provides recognition rewards and support. The most interesting wild new idea, which does not, at the moment, seem implementable, is chosen for taming. This is a mega event which involves the whole company. It is a chance to showcase the best ideas, while reviewing and revisiting all the thinking tools. The innovation Oscars and the Innovation Hall of Fame can flow out of this event. Let your people look at this note and reflect on the ideas presented.

Friday, December 11, 2015

Course Correction


No innovative idea can be perfect when it is conceived. It has to be refined and perfected on the run. The only certainty in this endeavour is uncertainty. More than 80% of germinal, out of the box, ventures start off by following the wrong strategy. Like a kite adjusting to gusty winds, adjustments have to be made, based on customer feedback. Some companies spend so much time working on the ‘perfect’ product in their laboratories that all their funding runs out. Others find that the ‘perfect’ moment for the launch never comes. e-bay started with almost nothing. As Mag Whitman, CEO, e-bay put it: ‘Its better to put something out there, and see the reaction and fix it on the fly…….we are better off spending six days in the lab, putting it out there, getting feedback and then evolving it…….’ Ideas shaped in the market, in response to changing customer aspirations and fashions are very difficult to copy because of their dynamic changing character. The best time to do this is of course when everything is going really well. Organizational energy is high and innovation is like a kite we fly just because we are in high spirits and want to know if we can be even better than the best.

Wednesday, December 9, 2015

Complete the Action Matrix


Study your Action Matrix and let every team state its goals clearly and understand that goal. The Innovation Champion can put together the whole matrix filled by different teams and circulate it. The innovation process is an enjoyable process. The teams have had a chance to design an implementation action plan. It is probably a course of action, which has the fingerprints of all participants. This naturally ensures the buy-in of the team. The most important part of this process is that it integrates the viewpoints of all stakeholders and turns spectators into participants. This is about win-win solutions. It is about collaboration compromise and co-operation. It takes into account how people think and feel and acknowledges their need for affirmation and nurturing. The action matrix is the map to be followed in implementation.

Tuesday, December 8, 2015

Execute, communicate and train


Implement like an Innovation Star. This is the day to make a final presentation to all the teams in the presence of top management. Get feedback from all stakeholders and respond to concerns. It is a good idea to leave the plan to be studied by all participants. Each can peacefully reflect on it, internalize it. This is the time to get the resource budget cleared. All participants and stakeholders must now receive a clear communication on what to expect. Here it is important to note the process-- communication has to be long term, continuous and consistent. Human resources professionals and problem owners must ensure that the necessary training modules are implemented and their efficacy measured. Management systems implementation should now kick in. The management information system to ensure clear measurement of action should be available to all players. The website and other internet support systems should be properly administered by a webmaster to ensure the seamless flow of information where possible. A regularly produced e-bulletin would help. Knowledge, information and wisdom are important. ‘Know How’ is essential, but ‘do how’ is just as important. Teams by now have dived into the messy business of how to implement what they have chosen as solutions. They have created plans and strategies and worked co-operatively and negotiated the best route to take. Action now becomes the priority.

Monday, December 7, 2015

Review the outcome


During implementation review the outcome. Be aware of the end before you take the first step. Unify your teams by hitching them to the ultimate goal. Top management should inspire and empower the teams to action. A team bonding exercise getting everyone to see a bird’s eye view of the exercise is critical. Review the Resource for every team. Consolidate the reviews if the resources being used are adequate. Study the impact on the expected outcome. Ensure that the process is moving towards the final outcome: reducing costs, increasing revenues, improving customer satisfaction and ensuring greater employee participation.