Igniting Innovation and Transformation

1
Igniting Innovation and Transformation

Prasad Kaipa, Ph.D. www.kaipagroup.com Pkaipa_at_kaip
agroup.com
2
Definitions

• What is innovation?
• Applied creativity resulting in a process or a
  product.
• What is transformation?
• It is altering mindsets, attitudes and way of
  being without changing what one does.

3
Working with big companies

• Find an internal champion
• Focus on relationship much more than transaction
• Make sure contract is based what you two agreed
  on
• Different cultures operate differently. Be open
  to doing business through trust
• Dont focus on input but focus on the output to
  the customer

4
Six Types of Innovation

• Conceptual Innovation (new idea or framework)
• Engineering Innovation (prototype)
• Product or Service Innovation
• Marketing Innovation
• Sales Innovation
• Finance or Operations Innovation
• Each of them operate in its own box and you have
  trouble communicating and working with other
  types.

5
What Blocks Innovation?
Anxiety
Resistance
I
Fear
Blind Trust
6
Innovation

• Creativity is at the root of innovation
• Innovation is at the root of transformation
• Transformation begins with people and out of box
  ideas
• Entrepreneurship and intrapreneurship
• Risk taking and fear cant exist together
• Survival and hunker down mode shuts down risk
  taking breeding fear

7
Three Challenges of a Leader
Business Implications
Three Gaps
Challenge 3 Opportunity Discovery Leveraging
the Future
Creating future, Innovation, M A, New
opportunities
Opportunity Gap (Next Practices)
Challenge 2 Unlearning Selective Forgetting
Leadership Mindsets Behavior (Effectiveness)
Leadership Gap
Discontinuous Learning (Innovation)
Challenge 1 Continuous Improvement
Operations (Cost, Quality,Delivery Customer
Sat.)
Performance Gap (Best Practices)
Learning
Adopted from Prof. V.Govindarajan
8
Which box do you operate from

• Are you focused primarily on Box 1, 2 or 3?
• Box 1 is about continuous improvement and
  incremental innovation
• Box 2 is about personal transformation of leaders
• Box 3 is about disruptive innovation and
  transformation based on results

9
High Leverage
New Value Creation Leadership
High
Business Criticality
Low
High
Innovation/Future Creation
10
The Key to Innovation Transformation

• Initiatives in organizations

• Integrated approach
• Igniting the geniusof People Organization
• Aligning Aspirations of People Business Goals

11
Igniting Innovation and Transformation is an
inside out process
12
Our Framework Aligning goals of People and
Organizations
North Star Clarity of Vision and The path to
actualize it.
North Star
Alarm System Coping with Stress/Exhaustion
Alarm System
Igniting the Genius Within
Energy Trigger

• Energy Trigger
• Passion
• Full Engagement
• Aligning personal and business aspirations
• Team Synergy

Core Incompetence
Core Incompetence Personal and Organizational
traps
13
What We Do Best
Igniting the Genius Within
Business Focus
Management Consulting
Our Approach Aligning personal goals with
business results
People Focus

• Traditional
• Organizational
• Development

Traditional Training
14
Source of Innovation
Results Measurement
Tools
Meaning Purpose
15
Thank You

• Innovation, transformation happen in action and
  not in the mind.
• Dont operate one or two levels below your role.
• Clarify your north star and discover your core
  incompetence. They have a reflexive relationship
  between them.
• Manage your energy effectively using energy
  trigger and alarm system concepts.
• Questions, comments -- you can contact me at
  pkaipa_at_kaipagroup.com.
• 408 871 0462 www.kaipagroup.com