Innovation and Insights

Sharing a conversation on Innovation with Robyn M. Bolton. She has collaborated with Prof Clayton Christensen and has transformed numerous industries. In this conversation, Robyn Bolton, Founder and Chief Navigator at MileZero, shares insights on innovation.

We talk about the following:

• How to navigate ambiguous problems for innovation
• How creativity thrives under constraints
• Goal setting and revenue targets for innovation projects
• What growth gaps are and how identifying them propels you to success
• Stakeholder management and getting the team to see the joint vision
• The portfolio approach for innovation
• How you can use Generative AI for innovation programs

Robyn shares practical insights and this is one conversation that gets into a bit of depth.Do listen and share your thoughts.

Follow Robyn at https://www.linkedin.com/in/robynmbolton

Follow Hemang Shah at https://www.linkedin.com/in/hemang

Join his FREE newsletter at https://www.innovationsportslife.com/

This is a conversation with Garima Bharadwaj, Co-founder and CTO of Enlite Research. In this free flowing discussion, Garima shared insights about the Building Management Systems industry.

Here are the key areas covered:

How Garima discovered the problem to address at Enlite

Difference between customers and users

How Tier 2 and Tier 3 towns are adopting tech solutions

Ramping up on technology when transitioning from FMCG to IOT

True state of a hotel's functioning

Innovation systems at Enlite

Garima's recommendations for tech founders

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Follow Garima at https://www.linkedin.com/in/garimabharadwaj

Follow Hemang Shah at https://www.linkedin.com/in/hemang

Join his FREE newsletter at https://www.innovationsportslife.com/

Grab a tea or coffee for this one. We are discussing an insight on Scenario Planning drawing examples from cricket.

I came across this interesting article by Rick Lynch and Jay Galeota in the Harvard Business Review Guide on Strategy. It discusses 4 ways to bullet proof your strategy. However, I chose to spend time on the first one on scenario planning. We will cover it's importance, what to consider, and how to practice.

Let me know of your thoughts.

#strategy #scenarioplanning #whatif #insights


Link to the paper: https://hbr.org/2018/10/4-ways-to-pressure-test-strategic-decisions-inspired-by-the-u-s-military

Follow Hemang Shah at https://www.linkedin.com/in/hemang

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Paul is a season executive in the cpass and mobile services. He has worked as a lobbyist and has a comprehensive strategic consulting background. He’s also a skiing coach for more than 25 years. I truly had a fun discussion with him ranging from sports to business strategy to books and how emerging economies are spurring new innovations.

This is an extended conversation with him on the following topics:

· Journey into skiing

· Hemang’s experience with Downhill Mountain Biking in Colorado – Girl Scouts Trail

· Negotiating tricky slopes when skiing

· Skiing Coaching levels

· Crafting your strategy for complex situations

· Difference between German and American armies during World War II

· Bringing audacious goals to reality

· Books

· Reverse Innovation

· Working with an open mind for projects spanning geographies

Books Paul Recommends

The Art of War by Sun Tzu: Ancient Chinese text provides profound insights into strategy, tactics, intelligence gathering and leadership. Relevant not just in war fighting but all aspects of decision making and conflict. The “OG” of strategists.

The Mind of the Strategist by Kenichi Ohmae: Pivotal work by Japanese management consultant, book illuminates art of business strategy from Eastern perspective. Emphasizes a comprehensive, integrated and holistic approach to problem solving.

Competitive Advantage by Michael Porter. Seminal text on business strategy, introduces the concept and structural rubric of the “value chain” framework for analyzing and optimizing the various elements of a business. Key to HBS (Harvard Business School) case study methodology.

Innovator’s Dilemma, plus Innovator’s DNA, by Clayton Christensen. Ground breaking works exploring how even when successful companies do everything right, they can still loose market leadership to smaller, innovative companies with disruptive technologies, usually by targeting segments or adjacencies the larger “incumbents” overlook. Innovator’s DNA is a map as to how anyone can become the disruptive market innovator. Every entrepreneur should read both.

The Prince by Niccolo Machiavelli. Thought as exclusive to political strategy, it offers great insights into the dynamics of power, leadership and psychology, with insights of morally complex, strategic decision making.

Playing to Win: How Strategy Really Works by A.G. Lafley. Penned by former CEO of Procter & Gamble, provides an “in the trenches,” insider perspective on what it takes to create and execute a winning turnaround strategy in a complex corporate environment.

Sea Power: The History and Geopolitics of the World’s Oceans, by Admiral James G. Stavridis, US Navy. (Stavridis was four star Admiral who became Commander of NATO, later Dean of Tuft’s Fletcher School of Law and Diplomacy.). Provides an extensive exploration of the strategic significance—economically, politically, and geo-security—of the world’s oceans. Examines how naval power, and global logistics, has shaped the history of nations and international relations. Delves into current strategic issues such as the rise of China’s naval power, piracy, importance of maritime trade routes and the environmental challenges from c

Follow Hemang Shah at https://www.linkedin.com/in/hemang

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There are a lot of traditional industries where tech can play a huge role in its transformation. Using innovative approaches, the customer experience can be greatly improved. For a startup, traditional businesses are an exciting opportunity to increase market size

When the mere thought of death unsettles us, carrying out the final rites of a loved one feels unfathomable. A subject we often tend to shy away from, get to know the innovative tech startup that is changing how we approach this delicate process.

Meet Faisal, the visionary mind behind what some call the 'Uber for funerals.' His journey is not just a story of entrepreneurship; it's a tale of compassion and innovation. In this episode, we'll delve into his vision and explore the innovative problem-solving techniques he's brought to an industry that is often overlooked but deeply significant.

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Connect with Faisal at:
https://www.linkedin.com/in/faisalabid/

Connect with me at
LinkedIn- https://www.linkedin.com/in/hemang
Twitter- https://www.twitter.com/hemangjshah
instagram- https://www.instagram.com/hemangjshah/

Follow Hemang Shah at https://www.linkedin.com/in/hemang

Join his FREE newsletter at https://www.innovationsportslife.com/

Innovation frequently emerges from the act of reimagining the commonplace. What happens when you create an export supply chain around an everyday Indian commodity like bananas?

Join this captivating conversation as Aryamman Agarwaal unveils the remarkable journey of Trident Foods, illuminating how they are spearheading the transformation of Indian bananas into a globally valued commodity while empowering Indian farmers with knowledge and technology. We dive into product positioning, tech enablement, logistics issues and opportunities, and more.

Aryamman Agarwaal's LinkedIn Profile: https://www.linkedin.com/in/aryamman-...
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Connect with me at
LinkedIn- https://www.linkedin.com/in/hemang
Twitter- https://www.twitter.com/hemangjshah
instagram- https://www.instagram.com/hemangjshah/

Follow Hemang Shah at https://www.linkedin.com/in/hemang

Join his FREE newsletter at https://www.innovationsportslife.com/

In a world where the marketplace is becoming more democratic, developing a product mindset and creating valuable solutions for people is crucial. Meet Mr. Vishal Purohit, the co-founder and CEO of Wooqer, a platform that helps business processes go digital with a do-it-yourself approach.

Vishal shares important insights on what product managers should focus on and how to foster a product-focused culture. Join us in this podcast as he simplifies complex ideas, making innovation and customer value the centre of it all.

Follow Vishal at: https://www.linkedin.com/in/vishal-purohit-1a812a

Follow Hemang Shah at https://www.linkedin.com/in/hemang

Join his FREE newsletter at https://www.innovationsportslife.com/

Podcast Interview with Vinod Bhat, CFA the author of The Financial Independence Marathon https://amzn.to/3E1VRF6

In this podcast, Vinod Bhat takes us on a journey towards achieving financial independence and building a prosperous future.

Chapter 1: 0:00 Speaker Introduction
Get acquainted with Vinod Bhat, a Certified Financial Analyst (CFA) and a highly experienced professional in the field. Discover his extensive knowledge and passion for helping individuals achieve financial stability.

Chapter 2: 01:07 Financial Mindset: Sprint vs Marathon
Learn how having the right financial mindset can make a significant difference in your wealth-building journey. Vinod delves into the differences between a sprint mindset (short-term focus) and a marathon mindset (long-term strategic thinking) and how they affect your financial success.

Chapter 3: 07:15 Investment Rhythm
Unearth the secrets of maintaining a consistent and disciplined investment strategy. Vinod shares valuable insights on establishing an investment rhythm that aligns with your financial goals, allowing you to navigate market fluctuations and achieve long-term growth.

Chapter 4: 11:20 Target Corpus
Discover the importance of setting a target corpus for your financial aspirations. How to create effective investment plans, ensuring you stay on track to achieve your goals.

Chapter 5: 18:45 How to use The Financial Independence Marathon
Learn the tool kit approach towards your financial goals

Chapter 6: 22:00 Comparing Scorecards and Screenshots
Should you look at others' screenshots? How to avoid FOMO? How to take care of your mental health for your financial goals. 

Chapter 7: 28:15 Financial Mindset of Young India
Gain valuable insights into the financial mindset of today's youth and the challenges they face in building a solid foundation for their financial future. Vinod shares practical advice on how young individuals can adopt an investor's mindset and take control of their financial journey.

Join Vinod Bhat on this educational and insightful Financial Marathon, and let's strive together towards financial independence and a prosperous future. Don't miss this opportunity to learn from one of the industry's brightest minds in finance!

Get your copy today of The Financial Independence Marathon at https://amzn.to/3E1VRF6
Follow Vinod at https://www.linkedin.com/in/vinod-bhat-cfa-2bb12a/

Follow Hemang Shah at https://www.linkedin.com/in/hemang

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Learn how Design Thinking and Quality Management frameworks intersect. Questions answered:
1. Does Quality Management apply for startups and SMEs
2. Example of how a startup can approach quality management
3. Plan Do Check Act framework
4. Design Thinking and Quality Management
5. How you should think about both topics

Full Episode with  @manage-better https://youtu.be/5BLgea4i9I0

Books:
Quality Fables by Suresh Lulla https://amzn.to/3pXW9cX
Quality is Free by Phil Crosby https://amzn.to/470GQ3E
Architect of Quality https://amzn.to/470GQ3E
Quality planning and analysis https://amzn.to/3rNY0RS
Goal https://amzn.to/43JV1Hr 

Follow Hemang Shah at https://www.linkedin.com/in/hemang

Join his FREE newsletter at https://www.innovationsportslife.com/

Learn how Design Thinking and Quality Management frameworks intersect. Questions answered:
1. Does Quality Management apply for startups and SMEs
2. Example of how a startup can approach quality management
3. Plan Do Check Act framework
4. Design Thinking and Quality Management
5. How you should think about both topics

Full Episode with  @manage-better https://youtu.be/5BLgea4i9I0

Books:
Quality Fables by Suresh Lulla https://amzn.to/3pXW9cX
Quality is Free by Phil Crosby https://amzn.to/470GQ3E
Architect of Quality https://amzn.to/470GQ3E
Quality planning and analysis https://amzn.to/3rNY0RS
Goal https://amzn.to/43JV1Hr 

Follow Hemang Shah at https://www.linkedin.com/in/hemang

Join his FREE newsletter at https://www.innovationsportslife.com/