innovation process in the corporate and startup environments – sunny subhash vashishtha, former...

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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

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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

Innovation Process

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

“At least 90% of millennials say they would rather work at a startup than a corporate giant…”

• 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

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

Stay lean to go fast - Reason to be lean- Being better

Lessons learned

• Eco-system thinking • Understanding that Lean is a mindset, not

just a process • Willingness to really change - Culture • Saying goodbye to traditional corporate

thinking - Hit refresh • Implementation at all levels, especially

management • Observe and measure