Early this week, I got an opportunity to attend a workshop on Sustainable Innovation – presented by Dr. Kumar S. Nochur (Ph.D, MIT’s Sloan School of Management, USA), President, Vidya Technologies Inc., - a Boston area management consulting firm. It was organized by Amrita School of Business, Coimbatore.
The workshop provided an excellent insight on Innovations and how to build a process for innovations. Basically from an Idea to Success. Kumar presented some very valuable business philosophies on Innovations and its process, stakeholders through various real-time examples including his experiences with 3M and other companies. Yes, it finally went into – ROI – How to increase your return of innovations…
I personally learned some real interesting business model system around innovations in industry, which includes handling stakeholders – investors, intermediates, influencers, customers/end users, and competitors. He also discussed about need and priority analysis, proactive and skillful management if key stakeholders, values and risks in innovations, positive relationships, what stops innovations in industries etc.
Kumar gave couple of workshop exercises – based on the personalized idea to success on everyone’s mind – which is a personalized innovation for their life. I wrote about enterprise mobile solutions – even though it is not an innovation – but an idea which can change the way of management in many industries.
I have to thank Vasudevan Uppili [CEO, Haritham Technologies] for this interesting opportunity. Now I am working on 5 critical roles kumar suggested in his workshop – for innovation success. I think I can fit into the role of creative thinker and champion to make it success.
Good things are happening… Happy to work on these kind of projects…:)
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