Thursday, December 26, 2019

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.

Wednesday, December 25, 2019

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

Wednesday, December 18, 2019

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.

Sunday, December 15, 2019

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.

Wednesday, December 11, 2019

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.

Wednesday, December 4, 2019

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.

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.