You want to be the best but someone always beats you

What is stopping you from taking the next big step ahead?

Do you put in efforts to build innovation capability in the organization?

Are your operations and its underlying processes aligned to the strategy?

Does your value chain focus on creating value to customer?

How can you create an environment of entrepreneurship?

Should you go beyond your core strength?

Are your operations and its underlying processes aligned to the strategy?

Can you list down 5 reasons for slower growth? Are you sure they are the reasons?

Is Innovation a way of life in your company

Does your balance sheet have list of your best assets, satisfied customers?

What is your core strength?

Your team is working very hard but still loses out on deadlines?

Is your business model strong enough to realize your dream? How far are you from your dreams?

Leading Profitable Innovations

Every idea goes through a process before it can be converted into a successful innovation. The birth of an idea can be contributed by an individual or by a team. The person or the people need the opportunity to get exposed to the knowledge they need the authority to take appropriate decisions, they need supports in the form of infrastructure , procedures, systems and mechanisms to ease the process of creation of an idea. We are talking about creation of an environment which can nurture the process of continues generation of ideas.

As an idea is created the next step is the incubation of the idea. The idea needs to be nurtured and worked upon to help evolve into an invention. The process of incubation most often is a team work. This is the time that one needs to debate, defend and direct the idea to take shape into an invention.

The period of Incubation is critical and the idea needs to spend enough time in this phase. This is the phase that determines whether the idea is going to deliver or not. Many a time this phase is rushed through due to the enthusiasm of delivering a great innovation. This enthusiasm blocks the mind to look beyond. It scuttles the birth of the right innovation. This is also the phase where the person or the team that has given birth to the Idea take up a very defensive role and try to save and protect the Idea form being ridiculed and criticized. They need to anticipate all the bickering and prepare for fine tuning or altering the Idea all together to give a better shape.

Incubation is the most fragile phase. Since it is fragile, the tendency is to protect it. But protection will not result in guiding it to the right direction. One needs to expose the Idea to the relevant atmosphere to Judge, assess and audit the Idea. The phase of incubation also needs the people with the right skills and knowledge to give it  the right shape. Incubation requires the right mechanism to protect as well as guide the idea through the phase.

Every Idea that is incubated and converted to an invention needs to be validated through. Validated on, performance, quality, sustainability, resilience, mass production, market acceptability, and profitability. Only then will the invention turn out to be an INNOVATION.

Innovation for the sake of innovation ends up only as an invention. It will not be able to see the light as an innovation. INNOVATION which is profitable is what the industry seeks.

At GroupSynergy we are committed to support “Profitable Innovations” by creating  Innovative companies.

Innovative minds are created by:

  • Creating the right environment for Innovation
  • Creating mode and means to be Innovative all time
  • Creating the need to be innovate
  • Making innovation a necessity rather than an exception
  • Supporting the team with all the back up for being Innovative.
  • Supporting and motivating the team to be innovative

How , of Innovation

Develop a process to support active innovation

  • Define an internal process of Innovation
  • Create a process to evaluate innovation
  • Create a mechanism to record Innovation
  • Develop a process to retrieve earlier Innovation

Develop a system where the dissemination and absorption of experience and knowledge is done

  • Creation of forums and teams with CFTs
  • Moving towards a habit of exchange
  • Formal and informal modes of experience sharing
  • Informal ways to check the absorption
  • Creation of an urge to innovate

Create a mode to record the knowledge disseminated and created

  • Formal modes of recording the knowledge created
  • Formal modes of recording the innovations at every level

Support active knowledge management

  • Creation of means to retrieve experience and knowledge
  • Create an environment to activity look out for experience and knowledge

Motivate to Innovate

  • PMS to be influenced by the active role played in the above points by the employee
  • Recognition on innovation at all levels.
  • Create an urge to innovate

Get In Touch

We would be pleased to call on you or write to you. Please provide us your details in the “Contact Us”. You may also directly write to us on the email connect@groupsynergy.org
If you need to interact on email for any of your Management related issues, you may also write directly to –
Our Directors:
balaji@groupsynergy.org
sowjanya@groupsynergy.org

HARITHASA - HERMITAGE, 10-179/1, Vasantapuri, Malkajgiri, Hyderabad, 500047.
+91 80190 79795, +91 87121 91406

connect@groupsynergy.org