How to improve idea velocity? Next we looked at various ways in which we can improve the rate at which ideas can move forward. One of them was: low-cost high-speed experimentation. Among the many real life examples we looked at, one was the pea-plant experiment performed by the father of Indian cinema, Dadasaheb Phalke a hundred years ago (in 1912). The experiment got him funding for his first film, Raja Harischandra.
Design Thinking vs TRIZ: We ended day-1 with a panel discussion on two creative problem solving methodologies: TRIZ and Design Thinking. Dr. Bala Ramadurai a TRIZ expert and Lakshman Pachineela a Design Thinking expert shared their views on how these two approaches work.
Managing big bets: During this session we looked at various approaches of managing big bets e.g. innovation sandbox. At the end, we had a panel discussion where Dr. Ashwin Naik, CEO of Vaatsalya, Dr. Ishwar Parulkar, CTO, Cisco and JayeshBadani, CEO, Ideaken shared their experiences in managing big bets.
Open innovation: Ideaken CEO Jayesh Badani shares his experience, Sept 23, 2012