http://jyoti.tandukar.net/innovation 2. be - iv be - iii be - ii be - i msc - i msc - ii ojt...
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BE - IV
BE - III
BE - II
BE - I
MSc - I
MSc - II
Too much of Foundation
Academic World
Business and Industries
OJTEmployment
Business Mind
Feasible Business
Current State
Desired State
derivations
calculations
expressions circuits
working principles
drawings
theorems laws
explanations
proof
Exam
subject fundamentals
presentation
report writing
following instructions
punctuality
organizing
internet searching
dreaming
Career
logical analysis
lateral thinking
Commu-nication
decision making
adjusting
planning
Cooking accounting
technology basics
Decorating
Cleaning
fixing utilities
Life
These successes happened because somebody thought about a change and/or somebody thought about using the same technology differently.
Have you ever noticed how do different people use the same technology differently?
How much of time do you spend everyday thinking about changes?
?$400M from Jul 1996 to Dec 1997
$1.65B from Feb 2005 to Nov 2006
Wii
2006 Q4
2007 Q1
2007 Q2
2007 Q3
2007 Q4
2008 Q1
2008 Q2
2008 Q3
2008 Q4
2009 Q1
2009 Q2
2009 Q3
2009 Q4
2010 Q1
0
10
20
30
40
50
60
70
80
70
M U
nit
s =
$1
5B
fr
om N
ov 2
006
to M
ar 2
010
What thoughts do
you have?
Do you love to use
technology? Do you think
beyond what is
available?
Have you ever wished
you never had to
eat/sleep?
Have you ever wished
you had clothes that would never get dirty or wrinkled?
Some Advice
Number One vs. the Only One – know the difference.
Think of impact and value, not just money making.
“Interdisciplinary” inventions are most important.
For small inventors like us, the focus should be on “niche” where big corporate groups don’t dominate, and doesn’t require large investments.
Profitable Market
Business is imitated
Unhealthy competition
Prices come down
Fittest survive
Not profitable as before
Listen to people around you for ideas.
Any Product
Minor
changes
Innovation
Think of derivatives of
technology you are already using.
Common problem requiring a solution may embed an opportunity for invention in it.
You have a better chance of expanding your knowledge
and improving your solution rather than getting your idea
stolen when you discuss it with people.
A product is made successful by the
people who use it.
Supporting Material for Ideas
The Idea Template
21st Century Innovation Needs Google Idea Contest 7 Innovations that will change your life
5 Member Team Formation
Participatory debates and discussions Internet based research Presentations of ideas and plans Rapid application development and
prototyping Proposal and report writing