These are some random thoughts as I am preparing for a talk on Innovation that I am supposed to give in CA. This talk got postponed to some time in January but I am unable to stop thinking about it – So, would like to share with you some of these things:
- As I am looking at Innovation, there are three categories of them that come to my mind:Innovation is synonymous with start-ups – there is lot of excitement new ideas and zeal to transform these ideas to real, robust, scalable and useful products. Norm Meyrowitz of NKM Advisors and formally CEO/Chairman of Macromedia gave a great talk about looking at these innovations and asking twenty questions to validate your ideas, products, future prospects and health of your start-up. If you want to watch this you can contact me or Prasad.
- Innovation that happens at Great Companies: Geoffrey Moore is a best-selling author (Crossing the Chasm, Dealing with Darwin), …, Managing Director at TCG Advisors and a venture partner at MDV talks in his Darwin book about how great companies keep innovating at various stages of their existence. He talks about product/service/application innovation, process innovation and operational innovation besides popularly known disruptive innovation. This is a great resource.
- Academic Innovation: This is where we have a lot of scope for putting our thoughts together and creating ideas, methods and material that can be used by others. In one sense SIEL is a good example of academic innovation.
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Choosing problems that are relevant now, and continue to be relevant for at-least next 3-5 years and are challenging from research point of view.
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Creating complimentary skills, groups, owners, partners, strategy for growth and success
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Continue to dream BIG and infect others with this virus.
Of-course there is a lot of scope for improvement and we need every one to start thinking towards the great difference we can make as a team and the way we can change the information is accessed by every one on the planet.
More when we meet later
