Solution oriented innovation process web (Innoberate.com)
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The document describes a Solution Oriented Innovation Process (SOIPro) workshop for designing new products or solutions. The workshop is run over 8 sessions and 4 stages: design, investigate, integrate, and collaborate. It brings together leaders from different functions like product development, sales, and CRM. The goal is to develop a new or improved product/solution/service that creates more value for customers and the organization through better addressing customer needs, competition, and organizational goals and capabilities. The workshop is facilitated by Nanjunda Pratap Palecanda, an innovation consultant and serial entrepreneur with 20 years of industry experience, and Satya Maddela, an experienced leader with a technical background in finance, healthcare, and cloud.
Solution oriented innovation process web (Innoberate.com)
- 1. Nanjunda Pratap Palecanda +91 95388 90390 nanju@innoberate.com SolutionOriented Innovation Process Designing Product or solutions to Solve customer’s problems in a continuously changing market Workshop on Innovation and Solution design
- 2. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com Innovation inside-out SOIPro draws inspiration from the Philosophy of everything is interconnected Which is the underlying philosophy in Hinduism, Buddhism and Ubuntu Philsophy of Africa Intersection of Chakras or Lifecycle Customer Lifecycle intersected with Product / Service Lifecycle and Competition Lifecycle
- 3. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com Intersection of essential chakras Competition Lifecycle Product LifecycleCustomer Lifecycle Reach, Engage, Acquire, Preserve and Collaborate (ReapCol) To derive maximum value to the customer and sustained value creation for all stake holders.
- 4. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com Approach to innovation Think outside the box Innovation Inside out Inside the Box This is where we belong While we have been inspired by each of the other approaches, we believe this is by far the safe and sure for the Businesses to engage with.
- 5. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com Why Innovation inside-out? • cognizance to Organizations core strengths • aware of Organizations deliverables • understand Organizations limitations • in synch with Customer needs • updated about competition • clear about Organizations long term goals • able to ensure sustenance and continuity As a Business Leader or an Entrepreneur, one has to be ;
- 6. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com SOIPro - Program 4 stages 8 sessions Design New Product / New Solution
- 7. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com SOIPro – Stage I • Identify Topic • Gain Collaborators and support • Form Innovation team • Define the scope • Vision, Objectives, Critical Success Factors, CLC(Customer Life-Cycle) Design
- 8. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com SOIPro – Stage II • Capture the current process, identify blockages / gaps (Reality Check) • record data (Keep assumptions out) • Prioritise blockages - Pareto • Map new process • Draw roles / responsibilities, KPI’s, system effects Investigate
- 9. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com SOIPro – Stage III • Report, develop business case & implmentation plan • Develop a Communication strategy and articulate comparisons • Comparative analysis on old process (offering) and new process (Offering) Integrate
- 10. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com SOIPro – Stage IV •Implementation challenges •Remeasure •Drawing new Benchmarks Collaborate
- 11. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com Workshop Schedule • Eight sessions of 90 minutes each Participants • Leaders / Talent with ownership of • Product development • Solution design • Design / Development • Production • Sales • CRM • Pre-sales • Resource Management Outcome • New or improved Product • New or improved Solution • New or Improved service offering • Better value for customer • Larger market share • Increase in revenue • Increase in Profits
- 12. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com Profile Nanjunda Pratap Palecanda (Nanju) An idea genie with 20 years of Industry experience across Internet Technologies, Analytics and Management Consulting, a serial entrepreneur, Pioneer in Internet business in India, Innovation Consultant & Trainer and an Alumni of IIM,Bangalore Founder: kannada.com Founder & Convener: slowpoison.com Founder & Director: Source Kapital Pvt Ltd Creator: SOIPro Founder & Convener: Good Kapital Satya Maddela Satya comes with technical background having worked in Finance and Healthcare in BBH and GE. A seasoned and successful Leader with track record of producing, presenting and managing the implementation of innovative business solutions. A Cloud specialist, is an Electronics Engineer with MBA from Harvard University.
- 13. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com 2013 Clients – Partners - Projects
- 14. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com Collaborators & Clients
- 15. Nanjunda Pratap Palecanda +91 98452 26516 nanju@innoberate.com Thank you for your time ! • Context eats Strategy for lunch Adopted from Peter Drucker’s quotes