Thursday, October 25, 2012

Highlights of “Going beyond jugaad”: A 3-day program on innovation management at IIMB

Like last year, Prof. Rishikesha T Krishnan, Prof. S Rajeev and I facilitated a 3-day workshop on innovation management at IIM Bangalore on Oct 15-17. It was titled: Going beyond jugaad: Building a systematic innovation capability. Participants came from Ahmedabad, Chennai, Gurgaon, Hyderabad, Lucknow, Mumbai, Pune, Thiruvananthapuram and of course, Bangalore. They represented IT (products & services), ITeS, Banking, Automotive and Construction service industries. Their designations varied from Technical Director, GM, DGM, Sr Staff Engineer, Senior Program Manager, Director etc.  It was nice to have PSU representation this time.

Following picture captures the framework we used in exploring various topics related to innovation management. It included: business strategy, its relationship to innovation strategy and specific “how to” practices relevant for improving idea pipeline, velocity and batting average.

We were fortunate to have two guest speakers. Mr. L R Natarajan, COO, New Business, Titan presented an overview of innovation journey at Titan over the past decade. Gopal Devanahalli,VP, Infosys presented strategy, roadmap and challenges of Products & Platforms division of Infosys. We also had a panel discussion on creative problem solving methodologies. Our panellists were Dr. Bala Ramadurai (co-Founder TRIZ Innovation India), Lakshman Pachineela Seshadri (Head, Innovation at SAP Global Delivery and visiting faculty at D-school, Potsdam, Germany) and Raghu Kolli, a Design Thinking expert.

Finally we had participants present status, learnings and actions they planned take back. Here is a summary of participant take-away.

Related articles: