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FOCUS on PROCESS INNOVATION Presented by Pavan kumar chiluka -involves the implementation of a new or significantly improved production or delivery method.

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Presentation on theme: "FOCUS on PROCESS INNOVATION Presented by Pavan kumar chiluka -involves the implementation of a new or significantly improved production or delivery method."— Presentation transcript:

1 FOCUS on PROCESS INNOVATION Presented by Pavan kumar chiluka -involves the implementation of a new or significantly improved production or delivery method

2 Types of innovation Incremental innovation projects, due to low levels of uncertainties, are usually follow the orderly process: Incremental innovation projects, due to low levels of uncertainties, are usually follow the orderly process: A potential marketable improvement to an existing product/service/process is quickly placed within a clearly defined, time-tested process designed to prove or disprove its value to the company A potential marketable improvement to an existing product/service/process is quickly placed within a clearly defined, time-tested process designed to prove or disprove its value to the company The process has organizational sponsorship, funding, and the assignment of a development team The process has organizational sponsorship, funding, and the assignment of a development team Development and commercialization are directed along a formal phase gate process Development and commercialization are directed along a formal phase gate process

3 Radical innovation projects, due to high levels of uncertainties, cannot be described by this orderly process Radical innovation projects, due to high levels of uncertainties, cannot be described by this orderly process General characteristics of the radical innovation life cycle: long-term, highly uncertain and unpredictable long-term, highly uncertain and unpredictable sporadic - starts and stops, dead ends and revivals sporadic - starts and stops, dead ends and revivals nonlinear - detours, recycling back through activities in response to discontinuities and setbacks nonlinear - detours, recycling back through activities in response to discontinuities and setbacks stochastic - waxing and waning of interest and funding, key players come and go, priorities change stochastic - waxing and waning of interest and funding, key players come and go, priorities change

4 Characteristics of innovative projects Innovation projects tend to start with loosely defined, sometimes even ambiguous objectives that become clearer as the project proceeds. The processes used are more experimental and exploratory and seldom follow strict linear guidelines. Innovation projects tend to start with loosely defined, sometimes even ambiguous objectives that become clearer as the project proceeds. The processes used are more experimental and exploratory and seldom follow strict linear guidelines. Teams need to be more diverse and have a higher level of trust as they explore new territory where failure is a possibility. Teams need to be more diverse and have a higher level of trust as they explore new territory where failure is a possibility. With failure as a built-in possibility, innovation teams are more actively involved with risk management and need to learn to fail fast and fail smart in order to move on to more attractive options. With failure as a built-in possibility, innovation teams are more actively involved with risk management and need to learn to fail fast and fail smart in order to move on to more attractive options. Also, innovation projects generally need to be sold to project sponsors and funding committees, a responsibility usually not required from normal project teams Also, innovation projects generally need to be sold to project sponsors and funding committees, a responsibility usually not required from normal project teams

5 PRODUCT Vs PROCESS Product innovation is a key factor for successful market entry Product innovation is a key factor for successful market entry Process innovation helps securing a firm’s market position given the characteristics of its product supply Process innovation helps securing a firm’s market position given the characteristics of its product supply but both compliment each other for success of the company but both compliment each other for success of the company

6 Indicators of process innovation Ask the question: why do we process this way?, if the answer is: because we have always done it like this, then it is clear indication of need for innovation Ask the question: why do we process this way?, if the answer is: because we have always done it like this, then it is clear indication of need for innovation Think from the customer perspective Think from the customer perspective Look for the innovative ideas across the industry and try possibilities Look for the innovative ideas across the industry and try possibilities Check where the pain and frustration in a business process which provide initiatives Check where the pain and frustration in a business process which provide initiatives

7 Blockers of process innovation Many ideas originate from work floor, but these people are rarely asked about and if they do, they are often discarded at middle level Many ideas originate from work floor, but these people are rarely asked about and if they do, they are often discarded at middle level Around the edges syndrome- executives keep looking at the edges of the problem and not at the heart Around the edges syndrome- executives keep looking at the edges of the problem and not at the heart Black box syndrome- executives see their processes as black box, they don’t know the details, but somehow processes produce results Black box syndrome- executives see their processes as black box, they don’t know the details, but somehow processes produce results

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9 Process innovations in dairy assembly-line production of burfi, dahi, kheer, shrikhand, gulabjamun, rasagollas, mishti doi and the like, by adapting the Western tools and technology assembly-line production of burfi, dahi, kheer, shrikhand, gulabjamun, rasagollas, mishti doi and the like, by adapting the Western tools and technology The manufacture of khoa, using roller dryers and other scraped surface heat exchangers The manufacture of khoa, using roller dryers and other scraped surface heat exchangers In Italy, Mozzarella cheese balls are being packed in whey in consumer packs. This can be tried to market rasagollas and gulabjamuns In Italy, Mozzarella cheese balls are being packed in whey in consumer packs. This can be tried to market rasagollas and gulabjamuns

10 Foreseeable Advantages of Process Innovation meet the challenges of a changing world, and to exploit the opportunities presented by those changes meet the challenges of a changing world, and to exploit the opportunities presented by those changes Substantially improves effectiveness, quality, flexibility and productivity Substantially improves effectiveness, quality, flexibility and productivity Companies that innovate both product and process consistently emerge at the top in terms of profitability Companies that innovate both product and process consistently emerge at the top in terms of profitability

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12 "Economic success comes not from doing what others do well, but from doing what others cannot do, or cannot do as well." – John Kay "Economic success comes not from doing what others do well, but from doing what others cannot do, or cannot do as well." – John Kay

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