Innovation Bootcamp

Session 1: Navigating Organization Innovation Gap

Ground Reality: There is a Lack of a common understanding of what innovation is, how it happens, and what prevents it. The Innovation Myths, widely prevalent are: 1. Innovation is dominantly about Product Innovation, whereas the reality is that biggest contributor to growth over the last 2 decades has been Business Model Innovation. 2. Innovations equals Breakthrough Technology, whereas the reality is that a large number of successful innovations have come from a new application of an older technology. 3. Breakthrough Innovation is Strategic Innovation and therefore has to be Top Down, whereas the reality is that operational innovation can also create breakthroughs. Breakthrough Innovation needs to be Top down & Bottom up and across all functions. 4. Breakthrough Innovation needs extraordinarily talented people; therefore an organization needs to have superheroes – whereas the reality is that in a large number of organizations, ‘the same people have created breakthroughs’ The Learning: An interactive session where 5 innovation experts share their experiences of busting all the myths and expanding the following spectrum of Innovation both top down and bottom up and: 1. Product Innovation 2. Process Innovation 3. Business Model Innovation 4. Ecosystem Innovation

Format: Each Innovation team, enabled by an expert Innovation Facilitator, uses a vivid ‘Organization Innovation Spectrum’ map to identify their organization Innovation Gaps & Opportunities.

Ground Reality: Most leaders have never learned how to be innovative and how to lead an organization so that it becomes more innovative. The reality for innovation leaders is that they often have to struggle against established practices and comfort zone across the length and breadth of organizations. The Learning: An interactive session where 5 innovation experts trigger new insights into overcoming ‘The Business & Cultural Barriers’ that an Innovation team is confronted with, barriers such as: 1. Innovation is always Important but never urgent - Preoccupation with day to day business needs inevitably deprioritizes Innovation. 2. Lack of openness in challenging ‘Status Quo’. 3. Risk aversion as visible in Goal setting

Format: The Innovation Café dialogue facilitates cross learning among peers by fellow Innovation Catalysts from across organizations. This is Generative Dialogue in 3 rounds: Round 1: Each Innovation team identifies:  The barriers that they have faced & overcome plus  The barriers that they are currently faced with Round 2: Cross Learning through the World Café format, enabling the teams to get insights from peers in the conference- ‘how others have overcome similar barriers’. By the end of the World Café round, each team would have drawn insights to overcome barriers from at least 20 other organization Innovation teams. Round 3: Each team crystalizes insights & action points to overcome each of their Innovation barriers.

Session 3: The Master Innovation Process

This session triggers new insights into ‘what helps & hinders the effectiveness of an organization innovation process & the key shifts needed to transform the impact of innovation. It will enable each Innovation team to map the current Organisation Innovation process used to: 1. Identify ‘which are the problems/ challenges where more of the same will not be enough - that really need innovation’. 2. Discover, ‘generate new ideas beyond the obvious’ to solve for the identified problems/ challenges. 3. Go beyond Ideation, to evolve new ideas into Breakthrough Value Propositions. 4. Evaluate & prioritize new ideas/ Value Propositions in a manner that is different from assessing a usual Business case. 5. Experiment/ prototype new ideas – both technical & in-market prototyping’ in a way that increases the strike rate of Innovation. 6. Scaling the impact of new idea

Round 1: Aided with graphic visualizer each innovation team visualizes ‘what parts/aspects of their current organization innovation process are helping & those that are hindering/reducing the impact of innovation.’ Round 2: Interaction with practitioners Round 3: Generative dialogues within each team - aided by an expert facilitator to identify the Key shifts needed to transform the impact of their organization innovation process.

Session 4: Transforming the Capability of the Innovation team

Ground Reality: Your organization’s performance depends on its best ideas being turned into profitable products, projects, and customer relationships. In short, innovation is key to accelerating business results. The Learning: Being an Innovation Catalyst – What works, what does not?’ A facilitated panel discussion with 4-5 innovation catalysts from across organizations where institutionalization of innovation has had a high degree of success.

A thought leadership session on • What is the significance and uniqueness of the Innovation Catalyst role? • Levels of an Innovation Catalyst’ • What capabilities are needed to become a successful Innovation catalyst?’

Each Innovation team assesses their capability as Innovation catalysts with the help of a customised Instrument & develops a Roadmap to transform the Innovation capability of the team.