2. Relationship between innovation and
sustainable value creation
• Innovation with focused management and rigor leads
to improvement in business performance.
• Focus on understanding the value and its
management.
3. •Innovation excellence through sources of
value creation:-
• Top line growth
• Bottom line optimization growth
• Shareholders value growth
4. The Unforgiving Markets
• Apart from productivity increase and cost
control long term creation and maintaining of
value.
• Roadmap to long term sustainable value
generation-continuous-profitable-top line
growth.
• Innovation heart of profitable growth
strategies-i.e. innovation with corporate
strategy and voice of customer.
5. Value creation through organic growth
• Acquisition& Innovations strategies.
• Innovation and growth are central to value
creation.
6. Another important question- how to
institutionalize innovation?
Innovation mandate:
Innovation barriers for CEO’s:-
• Absence of mindset to harvest and mange ideas.
• Not recognizing and then not aligning resources to
invest in innovation.
• Unable to recognize the under-utilized size of
human capital.
• Broad product and delivery capabilities.
7. •The Game of Innovation
• Organizational environment where
innovational seeds planted and nurtured.
• Harvesting Internal Innovation- innovation
needs to be nurtured at every level and by
every person.
• Building External Innovation Networks- future
competitive advantage via innovation
networks.
8. Risk, Employee engagement and innovation
• Riskcan never be mitigated from innovation
• Amount of return and risk are related to each
other.
• Disengaged workforce and corporate culture
• Talent development + engagement=innovation.