Innovation :
To build innovation culture
1) Leaders needs to recognize the changes happening in Industry and think about adapting to change
2) To shift the mindset of organization to bring about innovative change .
To shift mindset of organization
1) Inject new set of folks that bring different perspective . Freshness in thoughts .
2) Encourage Internal Employess ( Mavericks ) who see opportunities to innovate .
To execute change in organization for Innovation.
1) Change Performance Measurement system
2) Willingness to Collaborate
3) Tolerate Failure
Creativity is individual effort . Innovation is commercialization of creativity .
Innovation examples
Google , Ipod , Tata Nano
Emerging markets are going to be the sources for business model innovation for global companies.
No comments:
Post a Comment