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Published by chakrabortyari, 2019-03-25 04:59:22

Experiment to Innovate

Experiment to Innovate

EXPERIMENT
to INNOVATE

how critical is it for the company leadership to
encourage experimentation…

In today’s competitive
market either it is services or
product, the only thing that

drives customers are how
different is it compared to
the earlier version / model…

So to maintain the
competitive edge it’s not a
choice but the only option is

to “INNOVATE”.

article@Arindam

KEY TO INNOVATION

It needs to be understood that innovation does not happen daily, however it is an output of a
determined, sincere and regular persistent effort to think out of box. In order to make this happen it

is important that people do experiment with various things to bring about an innovation.
Relentless experiments will lead to an innovation.

An organization which understands this and fosters a culture to let people experiment freely without
constraints, inhibitions will be able to drive innovations.

article@Arindam 3

EXPERIMENT & FAILURES

EXPERIME FAILURES
NT
It is also utmost
It is important for all important for
to understand the
need to experiment company leadership
style to view and ways
and how that needs to
be a key factor for to approach and
companies to address failures
innovate

article@Arindam 4

EXPERIMENTING CULTURE

ENCOURAGE REWARD SUCCESS CREATE PROJECTS
FROM HIGH VALUE
create an environment that Create a mechanism to
motivates people to reward experimental SUCCESS
experiment success
Convert success
to dream projects

ADD IN GOALS APPRECIATE
PERSISTANCE ON
Add them in
regular Goals but FAILURES

detach from Give room and space
incentives for failures and no

penalization for failed
experiments

article@Arindam 5

LEADERSHIP FOCUS

DIRECTION CONNECTION PLANNING SETUP

Leaders needs to set The culture needs to Create plans around Create task force and a
right direction with connect with people to providing additional special team lead by
second line to develop imbibe the attribute of space, time, effort and one of the Leader’s
Experimentation within budget to execute have a framework to
this culture Experiment
workplace Experimentation
article@Arindam 6

WHAT TO AVOID 7

• Keep focusing on current milestones

Present

• Push people for successful experiments

Success

• Deter people from taking risks

Risks

article@Arindam

INEFFECTIVE LEADERS

 Lacks a vision to build new structures around innovation
 INNOVATION is more of a lip service than a true ambition
 Critical of workforce on trying newer things and always finds ways to discourage them
 Never able to come out of status quo culture
 Are more self-benefit driven and often misses the larger goals
 Are not worthy their Leadership Value proposition

article@Arindam 8

SOME KEY INNOVATIONS

article@Arindam 9

PEOPLE REMEMBER THE INNOVATION DONE BY GREAT INNOVATORS/SCIENTISTS AND
OTHERS, HOWEVER NOBODY KNOWS THE NUMBER OF TIMES THE PERSON MIGHT
HAVE FAILED TO CREATE THAT SINGLE INNOVATION.

FAILURE IS A PILLAR TO INNOVATION… IF U CANNOT HANDLE FAILURES U CAN NEVER
INNOVATE…

10


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