Cycle of innovation (Co-relating final year project with innovation cycle)
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Explaining the entire life cycle of Innovation in co-relation to final year project
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Cycle of innovation (Co-relating final year project with innovation cycle)
- 2. Interactive discussion explaining the entire life cycle of Innovation in co-relation to final year project -Kaushik Akiwatkar
- 3. Agenda for session How to innovate effectively? How to enable innovation? How to sustain the change? Connection and correlation of Innovation cycle with final year projects
- 4. What is Innovation? Challenge? Novelty Utility Application of new ideas to solve problems resulting in benefits to user
- 5. Image: TATA Swach Solving Problems . . . Image: Sangaria town of northern Rajasthan
- 6. •Technology/Product •Process •Business Model •Others Category of Innovation? •Disruptive •Incremental •Lateral Types of Innovation?
- 9. Tihar Jail in 1993 In 1993 Filthy and corrupt Same vessels of cooking and washing cloths Garbage collection issues Low literacy
- 10. Tihar Jail in 2011 (Cultural Innovation) Campus recruitments Rs. 100 Cr revenue High literacy rate, IAS and MBAs
- 11. Who can become Innovative “Any one can” view “Only If” view “DNA” view
- 13. 8 Steps to Innovation
- 14. Step 1 – Idea generation Step2 – Challenge Book Step 3 – Catalyst Step 4 – Low cost high speed experiment Step 5 – Design a good speech Step 6 - Step 7 and 8
- 15. 2 Loop of idea cycle
- 20. 3 Myths of Innovation Myths Truths Begins with creativity Begins with curiosity Idea moves ahead in smooth linear fashion Idea moves ahead through iterative experiments Its all about risk-taking Its all about assessments, taking and mitigating risks
- 21. Step 1 – Idea generation Step2 – Challenge Book Step 3 – Catalyst Step 4 – Low cost high speed experiment Step 5 – Design a good speech Step 6 - Step 7 and 8
- 22. Challenge Book | Invite challenge Pain Point (Human problems) Wave (Trend) Waste (feature not relevant) Interoperability
- 23. 3. Catalyst David Packard three hat. Enthusiasm hat Inquisitor hat Decision hat Ajay Bhatt (Co-inventer of USB) Create internal role models
- 24. Elephant and rider Theory Passion Full of fun Energetic Pride
- 25. Rider Needs direction Goal Focused Plan Guidelines Framework
- 27. Later
- 30. Change in Menu Cut down in food items from 35 to 9 which included 2 types of burgers, Fries and 6 Drinks
- 31. New Food delivery system Mechanism
- 33. Thank You for being a great audience Kaushik Akiwatkar S4 Development Coordinator (Innovation & Entrepreneurship) kaushik@gtu.edu.in ** Above presentation was based on book “8 steps to innovation from jugad to systematic innovation”
- 34. Just want to say Hi! facebook: www.facebook.com/kaushikakiwatkar LinkedIn: https://in.linkedin.com/in/kaushikakiwatkar +91 - 8866814755
- 35. Contact Us Address: Mr. Kaushik Akiwatkar S4 Development Coordinator (Innovation & Entrepreneurship) kaushik@gtu.edu.in 126, ACPC Building, L.D. Engineering College Campus, Navrangpura, Ahmedabad - 380 015 079-2630 0499, 079-2630 0599 www.gtuinnovationcouncil.ac.in www.facebook.com/gtuinnovationcouncil