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Semelhante a Innovation to startup.pptx
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Innovation to startup.pptx
- 1. 1 5/29/2023 INNOVATION to STARTUP Orientation Programme Dr. K. Ravi Kumar, Professor/Mech 5/29/2023
- 2. Centre for Innovation, Incubation and Entrepreneurship Development (CIIED) 1 2 2 5/29/2023
- 3. 3 5/29/2023 INNOVATION? 5/29/2023 • Innovation is the introduction of new ideas, goods, services, and practices which are intended to be useful. • The main driver for innovation is often the courage and energy to better the world. • An essential element for innovation is its application in a commercially successful way. 5/29/2023
- 14. 14 5/29/2023 To enhance your creativity 5/29/2023 1. Open Your Mind - Have one new experience every day 2. Diversify - Involve others in your problem-solving 3. Relax - Stress, exhaustion, boredom block our pathways 4. Stop Looking For the Right Answer - Look for many right answers. 5. Discover Your Creative Rhythm - Start paying attention to when you get your best ideas. 6. Health Makes Wealth - Regular exercise not only benefits your body, it boosts brain performance as well.
- 15. 15 5/29/2023 Essentials of an Innovator 5/29/2023 1. OBSERVE to Innovate 2. QUESTION to Innovate 3. NETWORK to Innovate 4. EXPERIMENT to Innovate 5. ASSOCIATE to Innovate
- 16. 16 5/29/2023 A Suggested Innovation Framework 5/29/2023 •Do not be afraid to fail •Take risks •Move your idea forward Just Do It •Seek novelty in design •Diversify •Stop looking for the right answer; look for many right answers Seek Novelty in Design •Define clearly your goals and objectives Set Goals and Objectives •Challenge all assumptions •Seek opportunities to innovate Identify Problems and/or Opportunities •Open your mind •Mental Floss •Discover your creative rhythm •Health Makes Wealth Seek Opportunities •Become an expert in a field you love •Become passionate about your field Find what you love to do
- 19. Start-ups in India To Boost up / Promote startup / Entrepreneurship Core objective is to generate maximum Employment Encourage the people who have the potential to innovate and start their own business To boost up Banking & Finance sector Be a job creator 19 5/29/2023
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- 25. 25 5/29/2023 Four risks 5/29/2023 Ignoring relevant competition – Pretty easy for a manager to believe that their product or company is unique which can be a crucial mistake. Reinventing the wheel –In order to make the competition irrelevant, first you should know it – what your competitors do, how they do it, why they do it. Swimming too far – do not attempt to go too far off your own competences. No fish – this is the worst that can happen and it’s up to you how you will react.