Creativity & Innovation:: Presentation

Prof S P Garg
Jaipuria Institute of Management

Jaipur
National Seminar:
MSME:Opportunities & Challenges 6th December,2010 1
Let us understand
 There is no permanently excellent industry
 There are no permanently excellent
companies
 Permanently excellent industries and
companies do not exist

 It is all about creativity and innovations
National Seminar:
 Creativity is the opposition of Routine
 Fear of failures
 Allergy to uncertainties
 Fear of Social Disapproval
 Fear of Humiliation
 Resource Myopic( creativity emanates from
limited resources)
 Potential Exploitation
 In live situations many alternate answers
 Chalta Hai approach : biggest enemy
National Seminar:
“Survival and success depend on speed and
imagination”
-----N R Narayana Murthy
“The ability to convert ideas to things is the
secret of success”
--Henry War Beecher
“the great affair is to move”
---Robert Louis Stevenson
National Seminar:
INNOVATION IS THE CENTRAL NECESSITY
Jeff Immlet, GE
 Excellence in execution :
N R Narayan Murthy
 Promise to serve the customer with Integrity,

Innovation, & value for money :
Azim Premji
National Seminar:
 The significant problems we face
cannot be solved by the same level of
thinking that created them.
Albert Einstein
 Sustainable Business means : D2D :
Dream to Destination
 “The intrapreneur is an essential
ingredient in every innovation.”
National Seminar:
You are born to win,
but to be a winner, you must
“STRATISE TO WIN
PREPARE TO WIN
and
EXPECT TO WIN”
Through
Creativity & innovation
National Seminar:
Emerging India
 Rural India
 Retail India
 Young India
 Youthful India
 Vibrant India
 Knowledge India
National Seminar:
“I” for
Innovative India
Inclusive India
Investment India
&
Industrial India
For EMERGING India
National Seminar:
 Emerging Segments in India :
 Enhancing Agri and Rural Non Farm Sector
Productivity
 Infrastructure Investment
 Social Sectors
 Knowledge segment
 Skill Up gradation
National Seminar:
“Generate Poverty reducing Growth i.e Growth
to which the poor contribute and from
which the poor benefit.”
Dr C RANGRAJAN
Business can only operate with a social license
from communities for sustainable
development
CK Prahalad
National Seminar:
 5 Cs : Corporate, Customer, Compliance,
Competition , Creativity
 I in Innovation, Individual, India, Industry,
Institution ,
 Solution oriented Creativity
 Action @ the speed of the thought
 Encourage/ Motivate/Appreciate
/Recognize /Empower People
 Transparency in open set up
 Adoption of best practices/next best
practices
National Seminar:
Develop PALS approach:
the processes that are complimentary to each
other
 Priortised
 Aligned
 Linked
 Synchronised
 “Clothe yourselves with compassion and
Kindness”
National Seminar:
GE seeks to “ to improve the quality of life
through technology and innovation “ and
believes in individual responsibility and
opportunity and group –wide honesty and
integrity.
 “Control your own Destiny or someone else
will”- Jack
National Seminar:
 Develop the The Creative Class
 Develop Good to Great Organizations
National Seminar:
 Service Masters : Servent Leadership :
 a company engaged in cleaning toilets,
killing bugs
 Mission Statement : To honor God in all we
do,to help people develop,to pursue

excellence, and to grow profitably.
 Real connection between mission statement
and real job being done .
National Seminar:
 People, Talent, and Culture
Hans-Paul Bürkner, president and CEO of The
Boston Consulting Group, says, “All
companies are people businesses. Whether
you are a manufacturer, a pharmaceutical
company, or a consulting firm, it is people
who make the difference.
 need to tap into the reservoir of creativity and
energy that engaged employees can provide.
National Seminar:
 Starbucks Philosophy :
 Howard Schultz founder’ childhood experiences :
wanted to do something for others which we did
not have it ourselves
 wanted Workplace to be more compassionate
 “I wanted to build the kind of company that my
father never got to work for”
National Seminar:
 Have Common Sense, People Sense
and Be STREET SMART( HCSPSBSS)
 Develop Real Life Learning Abilities.
 Turn Obstacles /Crises into Business
Opportunities with
Confidence(TOBOC)
 Knowledge is Business : Right,
appropriate and relevant
National Seminar:
 Diversify Your Expertise &Talent
(DYET)
 Anticipate the Future & Use your
Insights
 Think Flexibility
 Respect & Develop “Smart Ideas at
Work”
National Seminar:
 “Value In Everything”(ViE)
“DELIGHT AND SURPRISE”
for sustainable competitive advantage

With
creativity and innovations
as per market dynamics
National Seminar:
“Business of Business is ONLY
Business”
“Business of Business is ALSO

Business”
National Seminar:
Wishing You All The Best In Your
Endeavours …….
Thank You
for Suggestions/Feedback/assistance
spgarg@jimj.ac.in
Mob: 093092 92080
National Seminar:
 "You cannot hope to build a better world
without improving the individuals. To that
end, each of us must work for our own
improvement and, at the same time, share a
general responsibility for all humanity, our
particular duty being to aid those to whom
we think we can be most useful."
- Madam Curie
National Seminar:

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Prof S P Garg

Jaipuria Institute of Management

companies do not exist

 Promise to serve the customer with Integrity,

ingredient in every innovation.”

do,to help people develop,to pursue

and real job being done .

energy that engaged employees can provide.

appropriate and relevant

“DELIGHT AND SURPRISE”

for sustainable competitive advantage

“Business of Business is ALSO

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