2. Accelerating Innovation
for Profitable Growth
Enabling employees for their intellectual best
through education in innovation
3. The Outline
• Need for innovation
• Elements of Brinnovation™ framework
• Training and certification in innovation
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4. Field Feedback
• Reduced innovation time from 1.5 years to 3 days in
developing an IT system
• Reduced innovation time from about 6 months in a
job to a weekend
• “The (innovation) training has been one of the most
informative courses, since it has altered the way I
look at my problems in both work and day-to-day
life.”
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5. Benefits of Training and Certification
• Employees will be able to develop and deploy
innovative solutions on demand
• Higher impact on business activities such as
marketing, sales and finance
• Higher return on investments
• Improved margins for the Division
– Better future investments
– Happy and productive employees
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6. The Innovation Dilemma
• Innovation has become critical for organic growth,
and customized solutions.
• Continually shrinking product lifecycle demands
faster innovations, efficient process and higher
success rate.
• Lack of a formal teachable innovation process and
standardization have been a major barrier to
accelerating innovation.
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7. Return on Innovation
Company $ / year
Google .71
Dell .71
Apple .51
eBay .44
Genentech .21
3M .15
Microsoft .13
Cisco .13
Motorola .10
HP .09
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8. The Opportunity
• Corporations need to master the innovation process
for engaging employees intellectually at all levels
• Innovations in all aspects of business such as
processes, products, services, business models are
necessary to sustaining profitable growth
• Education is the first step for engaging employees
for innovation to gain competitive advantage in a
global economy.
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9. The Innovation Solution
• Offers answers to innovation challenges based on
the work of best innovators - Einstein, Edison,
Newton, Galileo, and Ford.
• Breakthrough Innovation (Brinnovation™) framework
is a hands-on approach to teach innovation to
individuals, and institutionalize innovation within an
organization.
• The Brinnovation™ can be utilized for product,
services, process or business model innovation.
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11. An Expert’s Feedback
• “I have read with great interest the material of Mr. Gupta and
found it being on the cutting edge in the realm of innovation.
His pioneering work explores many areas traditionally missing
by the majority of companies and scholars.
• Let me personally express my absolute admiration regarding
your book (Business Innovation in the 21st Century); it is indeed
the very first TRULY COMPREHENSIVE work illuminating various
aspects of the complex issue of institutionalizing innovation by
an entity!” – An innovation expert in Detroit
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12. Dynamics of Innovation
10,000
1000 Idea (Thinking)
100 Activity
10 Process
1 Product
Business
Duration
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13. The Building Block of Innovation
Universities
Internet Customers
Idea
Intelligence
Innovation
Creativity
Invention
Labs
Networked Individual
Rest of the
Suppliers
world
Free Lancers
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14. Credible Training Programs
1. Your job is your business
2. Run like a business, not like a job
3. Information and technology are your competitive
weapons
4. LEARN TO EXCEL AND INNOVATE
5. Love and serve your customers
6. Create value-add services
7. Service your solutions
8. Sell, lead, and enjoy!
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15. Training Programs
• Innovation Overview for Executives
• Innovation for Managers
• Innovation for Professionals
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21. Things to do
Invest in leadership development
Start before you
need to
Educate managers in innovation
Institutionalize
Monetize and
Appoint a senior
Innovation
leader
Capture key value growth ideas
Designate a team
of experts
Allocate resources for innovation
Train the troops
Develop new innovative solutions
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22. Additional Links
• Praveen Gupta, President
• Excellence and Innovation Practice
• Business Innovation Training and Certification
• International Journal of Innovation Science
•
• Accelper Iberia, Portugal
• Business Innovation Portal
• Praveen's Books on Amazon
• Business Innovation Conference' 09
• Making Innovation Pervasive, Predictive and Profitable Presentation
•
• Columnist:
• Manufacturing Excellence
• Business Innovation
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23. Summary
• Accelper has developed the most comprehensive
portfolio of innovation capability and programs for
organizations
• We guarantee competency development through
theory, practice, projects, and presentations.
• We recommend to schedule a pilot program to
launch the training and certification in innovation.
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