Designing an Innovation Ecosystem

1. Preface:

In order to increase the innovation level in an organization, training is necessary but not sufficient. Multiple systems need to be deployed to usher in a culture of innovation in the organization. These multiple systems integrate to form the innovation ecosystem of an enterprise. This workshop is formulated to design such an Ecosystem. The designed system would:

• Provide an end to end solution for generating innovations.

• Catalyze the formation of an innovation culture in the organization.

2. Objectives:

• To evolve a shared perspective of the need for an innovation ecosystem

• To design an innovation ecosystem for the unit.

• To design the subsystems of the innovation ecosystem which would have a radiating impact on the innovation culture of the organization:

3. Participants: Top management team of an organization.

4. Workshop Process:

5. Deliverables:

5.1 A customized innovation Ecosystem.

5.2 Participants will be able to assimilate:

• The relevance of an innovation Ecosystem for an enterprise.

• The dynamics underlying the process of generating a successful innovation.

• The utility of innovation tools in the innovation development process.

• The subsystems of an innovation ecosystem.

• Success and failure patterns of innovation ecosystems.