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.

Brainwriting Technique

The distinction in brainwriting is the generation of ideas individually and recording them on a piece of paper. Brainwriting ensures that all participants have equal opportunity to share their ideas. The other advantage comes from the rotation of ideas among participants with each person expanding and improving the idea. By the time the process is completed, everyone has ownership in the idea.

Feedback Systems

Make sure that a log book is maintained by every innovation spiral. Weekly meeting minutes can ensure a smooth flow of information. Regular reports from each spiral ensure that the activities planned are moving smoothly. Monthly reviews can help in providing valuable feedback and opportunities for expanding participation. They also ensure top managements’ attention to projects. Formal feedback should be provided to problem owners, who bear the brunt of implementation in unfamiliar territory. Rewards should be an integral part of the system. Innovation should be part of the individual’s measurable job description, not just something he does if he feels like it. * Have a talk on innovation by a Company CEO who has practiced it.

Feedback Systems

Make sure that a log book is maintained by every innovation spiral. Weekly meeting minutes can ensure a smooth flow of information. Regular reports from each spiral ensure that the activities planned are moving smoothly. Monthly reviews can help in providing valuable feedback and opportunities for expanding participation. They also ensure top managements’ attention to projects. Formal feedback should be provided to problem owners, who bear the brunt of implementation in unfamiliar territory. Rewards should be an integral part of the system. Innovation should be part of the individual’s measurable job description, not just something he does if he feels like it. * Have a talk on innovation by a Company CEO who has practiced it.

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.

Sub-problem statements

Each problem can then be broken up into sub problems. A problem is like a Jig saw puzzle, made up of many pieces which are the sub problems. This can help you create small teams around each sub problem. Allow each team to work using thinking tools. Create problem statements and sub-problem statements around each of the problems Actions  Team-work drives innovation.  Always encourage, do not discourage.  Ask for advice, do not be afraid to admit mistakes  Cut out all deep-fried foods from your diet.

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.