innovation process in the corporate and startup environments – sunny subhash vashishtha, former...
TRANSCRIPT
Who am I & Why am I here ?
Sharing my learnings on - Innovation Process in the Corporate and Startup Environments
I have unique experience of working in leadership positions in both corporations and startups. Helping organizations on Digital Transformation, Innovation & Growth
Former Operations Director at GE Healthcare, Former COO at Estimote, Inc. and Operations Head at HCL Technologies
Sunny Subhash Vashishtha
Adapt to organizational environment?
• Digital Transformation • Drive Change • Innovation Hubs • Lean Start-Up • Agile
Team of Teams
Building Teams & Skills set
Horizontal O
rganizations
• Hiring & Reforming teams based on skill proficiency
• Deliver result not task - Mind set • Greater Collaboration by shared consciousness
• Decentralizing decision making • Empowered execution • Agility, adaptability, and cohesion
• Commitment • Communicate early and often • Inspire & Empower each other • Align teams to learn & work in a cross-functional environment
Accountability & Ownership
Building Teams & Skills set
“Technical team may drive a specific innovation, but the Business leader has to own the result & Risk”
“The default speed for a startup is breakneck, and it’s how continuous innovation is fostered.”
No Risk, No Innovation - Failure as a Metric
Product Design & Modifications Idea management : Innovation is not a one-time thing - Continuous
improvement process - Involve Everyone
Product process : Innovation is not a random walk into the unknown - Vision, structured process, evaluation, customer feedback, and success metrics
Product Launch
• Start early - Make the product available to important influencers
• Seed the social space - free trials, downloads, product videos, and demos
• Don’t expect a “big bang” release - Keep the release rolling
• Be creative - funny video, creating an interesting infographic, industry event
• Get everyone involved- Make it easy for people to learn more about your product