what-is-innovation- part-1: Introduction

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Murugesan Ganesan, 30 Jan 2014

Transcript of what-is-innovation- part-1: Introduction

Page 1: what-is-innovation- part-1: Introduction

Murugesan Ganesan, 30 Jan 2014

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What is

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If you always do what you always did, you will always get what you always got.

[Albert Einstein]

“As competition intensifies, the need for creative thinking increases. It is no longer enough to do the same thing better . . . no longer enough to be efficient and solve problems”

-Edward de Bono

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The future belongs to those who are Fast,  Ready, Set, Done: How to Innovate when Faster is the New Fast

- Jim Carroll

Innovation is critical to business success... to staying ahead of the competition and maintain and grow profitability.

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Are you enjoying ‘ATM’ to withdraw and deposit cash?Go back 20 years from now: we need to go to the bank, stand in Q, fill-up the form and collect/deposit cash!!! – Agree?

Someone came up with an idea of ‘ATM’. Now our life became easy and simple!!! – Agree?

YOU NEED TO&

A person who never made a mistake never tried anything new

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Ideation

Through all possible Ideas

Define Problem statement

Filter the ideas with facts

Find alternates

Map to the actual solution

Filtering

Conceptualize

Proposed solutions

Just an overview

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Watchout this space…