Design-thinking and innovation are two different sides of the same coin (For those who have seen the Hindi film ‘Sholay’ would remember the coin used by Amitabh Bachchan that had ... Read More
Innovation is an end result of a product or a process that a person would have thought. Scope to further improve the final outcome becomes evident as one starts approaching the end result. Use of Design thinking in the process of achieving end result helps in making the innovation last longer. ... Read More
In one of my earlier posts I discussed that Innovation is generally understood as an end outcome – mostly as a product, sometimes as a service and rarely as a ... Read More
In my post a year ago, I explained that Innovation is an organizational sport. I explained that the starting point for this sport are innovation bets which one places based on ... Read More
This article explains a few changes in Management Accounting to help drive innovation. This is relevant for following audiences: If you are a bold leader or a manager and are not happy ... Read More
In the previous three posts, I had explained how absence of an innovation culture bothers top leaders and why they aren’t able to do much about it. We also discussed how cultures ... Read More
In the previous two posts I discussed why leaders feel helpless about the improving the innovation culture. I also explained what the culture is and how it can be shaped ... Read More
‘We don’t have a culture of innovation’ is the most common reaction that one gets from leaders and managers who are not happy with the intensity of innovations in their ... Read More
In the last few months, I have expressed my views on the challenges that shroud most established companies to innovate as much as they could. Most challenges and related solutions have been discussed in details in my book. During the presentations that I have made in the recent past to explain the key concepts of my book, some new issues have been raised by the audience. I know that the issues raised are confusing and debatable and I too have my own views on them. In this post, I will attempt to explain my response on one such issue raised by several audience – ‘We have been doing PDCA. Doesn’t it enable innovations? If not why?’ ... Read More