New Mantras in Creativity & Innovation* Dr. Subhash Sharma Dean, Indian Business Academy Bangalore & Greater Noida *Keynote presentation at the Oracle Leadership Retreat, Kovalam, Nov 6 & 7, 2009. An earlier version was presented at the First International Conference on Igniting the Genius Within, Indian School of Business (ISB), Hyderabad, Oct 23-26, 2008. SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

New Mantras of Creativity & Innovation Do you want to win a race? If your answer is yes, then these new mantras of creativity and innovation presented here are for you. SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Mantra of winning the race Your competitor is at position A, far far ahead of you. You are at position B. A start up or a new company. You want to win the race. Please suggest your answer to win this race. B A SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Mantra 1: Anti-Benchmarking Take a different path Anti-benchmarking Path of innovation: Path of leadership/ innovator Benchmarking Path of replication: Path of Follower New Mantras in Corporate Corridors, Subhash Sharma, New Age International Publishers, New Delhi, 2007, p. 333 SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

We are used to Benchmarking approach We are used to benchmarking approach so we don’t think of anti-benchmarking. However there are many examples from the corporate world. Following are some illustrations of breakthrough innovations from India Inc. I. AMUL: Milk powder from buffalo milk II. Nano car from Tata III. Reva: Electric car … SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Examples from Management Education in India Establishment of WISDOM: Women’s Institute for Studies in Development Oriented Management at Banasthali University, Banasthali, Rajasthan (Based on wisdom equation W = R + I : Wisdom = Reason + Intuition) Establishment of Indian Business Academy at Bangalore and Greater Noida with focus on ‘Indian Business’ Msc and M.Phil Programs in ‘Yoga and Management’ with focus on Human Resource by SVYASA (Swami Vivekaknanda Yoga Anusandhan Sansthan), Bangalore, a well known Yoga University SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Mantra 2: Grounded Praxis Approach (GPA) Converting knowledge into Wisdom & wisdom into new knowledge- Knowledge-Wisdom cycle Knowledge Action-reflection Wisdom New Mantras in Corporate Corridors, Subhash Sharma, 2007, p. 435 SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Why Managers are Successful? Successful managers and leaders use GPA (Grounded Praxis Approach) in their decision making and problem solving Rate your GPA on 10 point scale 1 10 Low GPA High GPA SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009 High GPA and ViSA ViSA: Vision-Strategy-Action plan Three gaps: Vision-Strategy gap Vision-Action gap Strategy-Action gap Managers with high GPA are able to reduce these gaps SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Corporate Examples of innovations through grounded praxis Dabbawallah SEWA AMUL … SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Illustration of Grounded Praxis Approach (GPA) in Research Towards a new research tradition (Wisdom research tradition): Traditional Knowledge (TK)--Scientific-- Meditative tradition ‘Received wisdom’ -- Scientific—Meditative tradition SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Mantra 3: Direct Vision Approach Three Approaches to Seeing Reality I. Division approach: Divided vision approach II. D-vision approach: Rainbow approach III. Direct vision approach: ‘Beach Visioning: Horizon view’ New Mantras in Corporate Corridors, Subhash Sharma, 2007, p. 247-251 SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Illustrations of three Approaches Division D-Vision Direct Vision Clash of Dialogue Confluence of Civilizations among civilizations civilizations Lines of conflict (loc) Lines of cooperation (loc) Lines of connectivity (loc) Labor as factor of Labor as co-venturist Labor as co-creator Production of wealth Conflict paradigm Cooperation paradigm Harmony paradigm SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

For creativity & innovation we need Direct vision approach Direct Vision and Direct perception (“Darshan”) lead to creativity and innovative decision making This is DVD (Direct Vision and Darshan) mantra of creativity SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Mantra 4: Rishi Innovation Competency Rishi innovation competency model: An individual who has ability to see and re-see events, opportunities and threats in new ways is a Rishi (Re-see). How to improve your Re-see competence: Ignite the genius within Illustration: Paradigm shift from Business Maharajas to Corporate Rishi -- Corporate Rishis of India (Participants to identify) New Mantras in Corporate Corridors. Subhash Sharma, 2007, p. 185 SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Corporate Rishi Model of Leadership Corporate Rishi has high re-see competence Corporate Rishi effectively uses SAW: Science, Art and Wisdom through improvement in skill, values and wisdom Corporate Rishi is CEO Leader: Creative, Enlightened, Organic Leader (New Mantras in Corporate Corridors, Subhash Sharma, 2007, p. 185) CEO Leader as Creative, Enlightened, Oracle Leader (This model was suggested by the author during Oracle Leadership Retreat) SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Mantra 5: Mind Liberation – Evolution of New Mind Mind liberation: Acquiring a ‘New Mind’ Programming ---De-programming ---Liberating state (Old mind-set) (New mind-set) When mind is de-programmed, it gets ready for liberation Illustration: India’s new mind – Is it new or copied? What is the blend? SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Mantra 6: Omega Circle of Creativity Manager/Leader at the center of the Omega circle synthesizing many perspectives represented by T1, T2, T3, T4 … that also represent many versions of ‘Truth’ (T) / reality New Mantras in Corporate Corridors, Subhash Sharma, 2007, pp. 470-471 SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Omega Circle and Decision making levels Strategic Level Omega Circles Managerial Level Decision Circles Operational Level Quality Circles SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Mantra 7: SKY Mantra-789 Levels of Consciousness 789 Quantum States of Mind (Metaphor of Seventh heaven, Eighth ‘Chakra’ and Ninth cloud) SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

ESP: Extended Sensory Perception SKY Mantra S: Self/ Space for self K: Kosmic consciousness Y: Yoke/ Yearning for connectivity/ Yoga At SKY level of consciousness, mind acquires ‘charismatic creativity’. Illustrations include well known artists, poets, musicians, scientists and visionaries

Exercise on Seven Mantras of Creativity and Innovation Mantra Participants to provide illustrations on the basis of their experiences Anti-benchmarking ………………………………………… Grounded praxis …………………………………………. Direct vision & darshan …………………………………………. Re-see ………………………………………….. New mind ………………………………………….. Omega circle ………………………………………….. 789 quantum states ………………………………………….. SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Wisdom Steps: Creativity-Innovation- Wisdom SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

Profile of Dr. Subhash Sharma, Key Note Speaker Known to his research students as ‘MGR’ (Mentor, Guru and Rishi) of ‘ Indian Management Wisdom’ (IMW), Dr. Subhash Sharma is educated in India and USA. He holds Post Graduate Diploma in Management (PGDM) from Indian Institute of Management, Ahmedabad (IIMA) and Ph. D. from University of Southern California (USC), Los Angeles. Prof. Subhash Sharma has made significant contributions to development of Indian Management thought and is author of creative and thought provoking books, Creation from Shunya (1993), Management in New Age: Western Windows Eastern Doors (1996), Quantum Rope: Science, Mysticism and Management (1999), Arrows of Time: From Black holes to Nirvana point (2001) and New Mantras in Corporate Corridors: From Ancient Roots to Global Routes (2007) and Market’s Maya: Lotus Millionaires from New Madhushala (2009). His ‘thought contributions’ have been widely acknowledged in nationally and internationally known academic journals. Prof. Sharma has also made significant contributions to management education in India through his involvement in well known innovative institution building experiments. He assisted in conceptualization and development of Women’s Institute for Studies in Development Oriented Management (WISDOM), at Banasthali University, Rajasthan. He is Founding Director, Indian Institute of Plantation Management, Bangalore and Founding member, Indian Business Academy (IBA), Bangalore and Greater Noida and currently its Dean. Prof. Sharma has developed and refined a new poetic methodology to develop creative dimension in one’s personality. His inspirational ‘Corporate Rhymes’ have drawn media attention (both print media and TV) as a novel and innovative approach to learning management concepts. He is also a recipient of leadership, excellence and achievement awards.

SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009 For further details For further details please refer following books and website of the author: Management in New Age: Western Windows Eastern Doors, Subhash Sharma, New Age International Publishers, New Delhi, 1996 & 2006. Quantum Rope: Science, Mysticism and Management, Subhash Sharma, New Age International Publishers, New Delhi, 1999 Arrows of Time: From the Black holes to Nirvana Point, Subhash Sharma, New Age international Publishers, New Delhi, 2001 New Mantras in Corporate Corridors: From Ancient Roots to Global Routes, Subhash Sharma, New Age International Publishers, New Delhi, 2007. Market’s Maya: Lotus Millionaires from New Madhushala, IBA Publications, Bangalore, 2009. author’s website: www.wwedsubhashsharma.com Author’s books published by New Age international Publishers, New Delhi, can be ordered from www.newagepublishers.com as well as from www.amazon.com, www.rediffmail.com and other websites SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009

SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009 Author’s contact Dr. Subhash Sharma can be contacted at the following e mail address re_see@rediffmail.com SS-IBA-Oracle Leadership Retreat-Kovalam-Nov. 6-7, 2009