innovation drive (first year execution strategy)

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INNOVATION DRIVE FIRST YEAR EXECUTION STRATEGY

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Page 1: Innovation drive (first year execution strategy)

INNOVATION DRIVE FIRST YEAR EXECUTION STRATEGY

Page 2: Innovation drive (first year execution strategy)

Introduction

Basic Thought: Loads of Ideas developing in Classrooms,

Cubicles, Coffee Parlors, etc.

Need of the Hour:

Tap good ideas & IMPLEMENT them

Realize the dividend from Young Thinking Minds

Inculcate a feel good factor in the hearts & minds of all those

who innovate

Focus on Ideas which:

Improve the Quality of Life

Improve Systems

Diwakar Jhurani ([email protected])

Page 3: Innovation drive (first year execution strategy)

Vision

Possible Long Term Product: A forum where,

New Ideas can be presented to the Appropriate Authorities

Solutions meet Problems and vice versa

National Systems /Public Policy can be improved through Innovation

Following Presentation:

The First Year Plan for the establishment of such a forum

Focuses on ‘Value Creation’ through the message of ‘Innovation’

Aims at laying the foundation for a forum to exist in future

Considers an Evolutionary Model approach which is Self- Sustainable

Is structured to present PDPU as the harbinger of Innovation among

Indian Universities

Focuses on a Student driven process aimed at empowerment

Diwakar Jhurani ([email protected])

Page 4: Innovation drive (first year execution strategy)

Focal Points

To promote new ideas across the country

A step towards closing the gap between

Industry-Government-Academia

A self sustainable model, evolutionary model

Focus on changing/improving current systems

Innovation to be a Mass Movement

Entrepreneurship

Development

Forum

Diwakar Jhurani ([email protected])

Page 5: Innovation drive (first year execution strategy)

ANALOG MODEL

Implementable Ideas

for

Better Systems

Students

Industry Government

I

N

N

O

V

A

T

I

O

N

D

R

I

V

E

Diwakar Jhurani ([email protected])

Page 6: Innovation drive (first year execution strategy)

1 Year Action Plan

1. Develop small scale innovative models/strategies/best

practices to be implemented at various workplaces. E.g.

Green offices, Clean campuses, etc.

2. Launch a Pan India Awareness Campaign under the name

‘PDPU Innovation Drive’ to promote the value of Innovation

3. December 2011: Resource Evaluation & Assimilation

Q1 Q2 Q3 Q4

Q1 Q2 Q3 Q4

CY 2012

Diwakar Jhurani ([email protected])

Page 7: Innovation drive (first year execution strategy)

Modus Operand

1 Call for Ideas to develop Small Scale Model; Convert Ideas into Feasible Models

2Create a Webpage about the Initiative (through PDPU: www.pdpu.ac.in/InnovationDrive)

3a Ambassadors to visit various Companies, Academic Institutions, Government Bodies

3bWork on specifics to execute them in respective institutions

3cHold mini forums in respective organizations to spread the value of the Long Term

Product (Innovation Forum), with focus on Partnering the Organization to the Initiative

Develop Ambassador Groups for each partner institutions; Create web pages for partner

organizations through PDPU, E.g. (www.pdpu.ac.in/InnovationDrive/CairnIndia)4

Link all partners through PDPU to start an ‘Interaction Forum’ between all members5

Develop Future Strategy based on results, feedbacks and new ideas6

Diwakar Jhurani ([email protected])

Page 8: Innovation drive (first year execution strategy)

Work Flow through Organization

Small Scale Model

DevelopmentAwareness

campaignCAPITALLOGISTICS

NETWORKING

AGENTS

•Industry/Govt.

•Academia

•Media

STRATEGY

GROUP

Ex Co

IDEATORSMentors

Industry Leaders

Proved Innovators

Academicians

Alumni

Diwakar Jhurani ([email protected])

Page 9: Innovation drive (first year execution strategy)

Model Development

Call for Ideas relevant for application in Industry/Academic

Institutions (intra PDPU event)

Focus on non-technical ideas in the initial phase

Development of ideas into feasible pilot models with guidance

from mentors

Pilot test selected models in PDPU/available resources

Present the models to various institutions to work on

implementation

Diwakar Jhurani ([email protected])

Page 10: Innovation drive (first year execution strategy)

Awareness Campaign

Visit to various companies, academic institutions

Discussion on implementation of various small scale models

developed by Ideators

Objective: To make every partner institution a stakeholder in this

initiative

Develop a common webpage (PDPU-Innovation Initiative-Institution)

The webpage becomes a forum for interaction between the students

and industry people

Problem solving

Idea exchange

Relationship building

Diwakar Jhurani ([email protected])

Page 11: Innovation drive (first year execution strategy)

Marketing, Fund Raisers- Hybrid Model

Organize fund raising events in the first 3 months, e.g.

Ahmedabad Half marathon (Run to Innovate), etc.

Fund Raisers to reflect public mood towards the initiative

(also a green channel for Exit Strategy)

Equivalent to practice matches for Networking

Representatives

Focus on Academic Institutions, Industry, Government

bodies in Gujarat

Organization Responsibility: PDPU

Diwakar Jhurani ([email protected])

Page 12: Innovation drive (first year execution strategy)

Resources Required

From PDPU

IT support

Infrastructure

Proactive Students

Alumni

To be the ambassadors of this initiative in their companies

Branding Catalysts

Fund Raisers for Capital (A double edged sword to boost marketing and

get primary feedback)

Human Resources for Strategy Group & Ex Co

Diwakar Jhurani ([email protected])