15-10-2012, 04:10 PM
FACTORS EFFECTING SUCCESS/FAILURES IN INNOVATION PROCESSES IN SMALL SCALE INDUSTRIES.
FACTORS EFFECTING.ppt (Size: 292 KB / Downloads: 48)
OBJECTIVES
This study focuses primarily on the most influential parameters, which are deciding drivers of any INNOVATION process.
To study the effects of all the drivers according to their merits on innovation processes in small scale industries.
To deduce the further scope for research and understanding pertaining to the role of management system in terms of the efforts they put in innovation processes.
To put forward best practices, so that the next generation innovation process can be flexible, scalable and adaptive.
Definition of Problems.
What are the basic drivers of innovation process?
What is the quality of the innovation process?
How to have an effective control on innovation process?
How to define best ideation process for small scale industries?
Methodology.
DETAIL STUDY OF THE VARIOUS RESEARCH WORK CARRIED OUT BY THE EXPERTS AND RESEARCHER ON THE INNOVATION PROCESS.
RATING THE PARAMETERS WHICH ARE EFFECTIVE IN SUCCESS OR FAILURE OF INNOVATION PROCESS IN SMALL AND MEDIUM SCALE INDUSTRIES.
COLLECTION OF DATA TO STUDY THE EFFECTS OF DRIVERS BY PREPARING A QUESTIONNAIRE.
UTILIZING VARIOUS STATISTICAL PROCESSES TO HAVE A RELATIONSHIP BETWEEN THE SUCCESS / FAILURE OF INNOVATION PROCESSES IN SMALL SCALE INDUSTRIES.
PRESENTING THE RESULTS FOR THE COMMERCIAL USE.
LOCAL IMPACT
THE THESIS SHALL ATTEMPT TO PROPOSE CERTAIN RULE WHICH SMALL SCALE ENTREPRENEUR MUST FOLLOW AS “ABC” FOR THE SUCCESS OF THEIR INNOVATION PROCESSES. AS THE THESIS FIRMLY BELIEVES IN TODAY'S FIERCELY COMPETITIVE MARKET THEIR PRODUCT/PROCESS GLOBAL OR LOCAL MUST BE ABLE TO WITHSTAND THE STRESS OFFERED BY THE INDIVIDUALISATION OF CUSTOMER DEMAND PATTERN AND THE INNOVATION PROCESS IS CALL OF THE DAY. THE RULES WHICH THEY MUST USE AS “ABC” FOR ASSURING SUCCESS OF THEIR INNOVATION PROCESSES TO HAVE INCREASED PRODUCTIVITY ARE----
1. THE ORGANIZATION MUST DO SOLID UP-FRONT HOMEWORK.
2. THEY MUST PAY FULL ATTENTION TO THE VOICE OF THE CUSTOMER.
3. THE MARKET SIZE WHICH THEY ARE TARGETING MUST BE THOROUGHLY BE ACCOUNTED.
4. THE DEMAND SIZE SHOULD BE VERY CLOSELY MONITORED.
5. THE INVOLVEMENT / COMMITMENT OF THE TOP MANAGEMENT IS A MUST.
7. THE THESIS THOUGH AIMS AT SMALL SCALE INDUSTRIES, BUT IT’S RESULT S ARE APPLICABLE TO VARIOUS SEGMENTS OF ORGANIZATION INCLUDING THE EDUCATIONAL SYSTEMS, HOSPITALS ETC.