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Home > Business and Economics Books > Business and Management > Management and management techniques > Making Innovations Happen: Fostering Innovations by Inducing Foresight
Making Innovations Happen: Fostering Innovations by Inducing Foresight

Making Innovations Happen: Fostering Innovations by Inducing Foresight


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About the Book

The journey from idea to innovation is fraught with risks, uncertainty and ambiguity. This journey needs a lot of perseverance from the teams that work on such ideas. It also needs a lot of courage by the senior management to allow their teams comprising very capable people to work on such projects, the output of which is uncertain. Organizations are expected and designed to deliver on a consistent and predictable manner. Any adverse deviation from the predicted outcomes are punished by the investors. While business leaders and the board are keen that their company performs equally well on innovation, the pressure of short term results and fear of failure need leaders to be courageous to start this journey. The Book offers several ideas for the Board and Senior Leaders to induce and drive innovations. They include newer ways to incentivize ingenuity, including compensating executives across the board for nurturing creativity with a long term focus on execution. It also suggests creative yet pragmatic ways to make the innovation plan and its execution measurable, flexible and nimble. The book also seeks to unravel cultural nuances that can either significantly drive or impede inventiveness. It proposes several tips for the organizational practitioners to benefit from, and aims to enhance the innovation quotient from ideation to execution. Managers, CEOs and Board members of modern day organizations can draw useful insights from the many narratives the book provides. Written in the mold of a fictional novel set in a Socratic style of dialogues, the book reveals a mix of truths with myths and jubilation with tribulations, all in the interest of bringing newer perspectives and solutions to benefit the readers."

About the Author :
Ravi Arora, a Vice-President at Tata Sons, handles responsibility related to facilitating Innovation, Knowledge Management and Benchmarking programs in the Tata Group. Headquartered in Mumbai, the Tata Group has revenue in excess of USD 100 billion and more than 500,000 employess spread across the world. Programs like Tata InnoMeter, Tata InnoVista, Tata InnoVerse and Challenges Worth Solving that he has conceptualized and implemented, have been shared in some of the leading business schools and spoken about in conferences in the US, Europe and Asia. As a member Convener of the Tata Group Innovation Forum (TGIF), Ravi helps in honing thought leadership on the subject and in the governance of the associated execution programs. Prior to his role in Tata Sons, Ravi has led the Knowledge Management program of Tata Steel, which has won international recognitions including the Global MAKE award. Ravi earned his Bachelor of Engineering from the University of Roorkee & studied Business Management at XLRI, Jamshedpur.


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Product Details
  • ISBN-13: 9781505294521
  • Publisher: Createspace
  • Publisher Imprint: Createspace
  • Height: 229 mm
  • No of Pages: 260
  • Spine Width: 15 mm
  • Weight: 386 gr
  • ISBN-10: 1505294525
  • Publisher Date: 13 Jul 2015
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Sub Title: Fostering Innovations by Inducing Foresight
  • Width: 152 mm


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