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Innovation Vectors for Driving Pace and Possibilities in Crisis Times.

Authors :
Paul, Ajit G.
Source :
Proceedings of ISPIM Conferences; 2020, p1-12, 12p
Publication Year :
2020

Abstract

In times of major discontinuities like COVID-19, Innovation holds the key to accelerate mankind's exit from the throes of despair; learn and adapt; and potentially thrive from step changes. To accomplish this, we need to adapt in key ways at both supply and demand side; improve acceptance of its solutions; and amplify available resources creatively. This paper addresses same along three vectors of Innovation: a) RESOURCES VECTOR (Capacityto-Capability); b) EXPECTATIONS VECTOR (Offerings-to-Outcomes); c) ENGAGEMENT VECTOR (Interest-to-Intent). It also draws on the benefits this Innovation Framework yielded when applied to a major Disaster Management situation in recent years. Importantly, it addresses certain key differences in engaging the Eco-system, to leverage innovation capacity and increased utilization by the target segment, in a fast and frugal manner. An effective adoption of the key concepts can offer sustainable benefits for Enterprises and teams in their innovation capabilities. [ABSTRACT FROM AUTHOR]

Details

Language :
English
Database :
Complementary Index
Journal :
Proceedings of ISPIM Conferences
Publication Type :
Conference
Accession number :
144427989