The Organization that Stops Innovating is Doomed to Fail
As we all know that how market is changing faster than any of the organizations out there and when this happens the organizations are at risk.
Take, for example, the nine biggest companies in 2000: Microsoft, General Electric, NTT DoCoMo, Cisco Systems, Walmart, Intel Corporation, Nippon Telegraph and Telephone, Lucent Technologies, and Deutsche Telekom – on average these organizations have declined 60 per cent in value and the same thing will happen to the organizations if they are not innovating or changing.
Typically, innovation is left to one person or a team of people in an organization whose task is to come up with creative ideas for how they can do things differently or to just sit around brainstorming and writing things on a whiteboard or flipchart when an idea strikes.
We figured out that the problem with those approaches is, there is no repeatable system, insufficient stimulus to help fuel meaningfully unique ideas, lack of diverse thinking to fuel disruptive or divergent ideas, and a very high likelihood that fear controls the process, which kills all possibility of great innovation.
It’s up to the people of an organization from shop-floor to top floor management to generate ideas and innovation, they must communicate who it benefits, the problems it will solve, the specific benefit promise, proof on how it will work, and the price along with some rough math on the sales potential and costs to develop.
From start to finish this process requires employees, to create, communicate, and commercialize their ideas, which will give the executive team a complete view into how their ideas address the needs of the business.
While the process seems complex, but INDONIS has simplified this process by enabling organizations to continuously drive innovation by empowering employees to better define problems and to propose and refine solutions, because any of last mile employee can share innovative, smart ideas, problems or solution via their personal or official smartphones or Kiosk or from the office’s PC in a language of their own choice.