Three of us
(Prof. Rishikesha T. Krishnan, Prof. S. Rajeev and I) facilitated a three day Executive
Development Program at IIM Bangalore last month titled “Going
beyond jugaad: Building a systematic innovation capability”. 22 executives
from 12 organizations participated in the workshop. On the third & last
day, one representative from each organization presented their current
practices for managing innovation as well as areas they would like to improve
upon based on the learning at the program. Here is an attempt to summarize their perspective (not meant to be exhaustive and limited by what I captured in my notes).
Before we
look at how different organizations are managing innovation in India , it makes
sense to see participant and company profiles. The 12 companies represented
following sectors: Aircraft manufacturing (India center), Automotive manufacturing, Consulting , India
centers of high-tech products, IT services, IT enabled services (BPO) &
Media (leading FM radio channel). Titles of the executives varied from CTO, DGM
Innovation cell, VP New business / Marketing, Group Manager, Sr. Development
Manager, Mobile Architect, Technical Fellow, Senior Staff Engineer etc. All the
participants were very serious and active players in the innovation initiatives
in their respective organizations.
Let me
classify their perspectives into 3 key areas: idea management, buzz creation
and learning & development.
1. Idea
management: Almost
all the participating organizations had a system in place for managing ideas.
What varied was the scope of the innovation. In some organizations there was a
bias for the IP (patent) management. In some cases the global process for big
ideas was very active. However, the contribution from India center
was low. In some places the system was active only in some part of the organization
and in a few places the existing approach was primarily top-down.
Key
takeaways: Encourage
small ideas, implement bottom-up approach, create a challenge book (problem
focus), make the measurement system more robust, improve the idea
velocity, use cross functional teams. A couple of executives said their
focus would be large impact idea creation using strategy models.
2. Buzz
creation: Many
organizations had events such as sponsored challenge or bright idea campaign to
generate ideas and buzz around innovation. In some cases these events generated
several hundred ideas every year. Garage forums encourage prototyping, Tech
fair creates a platform for technical paper presentation, Inspire series
invites external speakers, Wall of innovation displays innovators, Quarterly
newsletter raises awareness on innovations inside and outside the organization.
Key
takeaways: Almost
all executives felt that they need to improve the participation level. Some
said they need to improve the reward and recognition system.
3. Learning
& development: For
educating employees on innovation, organizations conduct idea generation
workshops using methodologies such as design thinking, encourage informal communities
for knowledge sharing, sponsor MTech/PhD and introduce innovation during
company induction program.
Key takeways: More awareness building, Spot new
trends in a structured manner, Inculcate right brain thinking.
No comments:
Post a Comment