Innovative

Management
Practices

Prof Bharat Nadkarni

Reference Books
1. Innovation Management
by Sholmo Maital & D V R Seshadri
2. Innovation & Creativity
by Dennis Sherwood
3. Innopreneurship
by Gary Lynn & Norman Lynn
4. Management of Technology & Innovation
by P N Rastogi
5. Innovation to the core
by Peter Skarzynski & Rowan Gibson
6. Innovation in Big Business
by Lowell Steele
Survival Rate for Globalised Corporates

Age in Percentage Perish Percentage surviving

Years
5 62 38
10 79 21
15 86 14
20 90 10
25 93 7
50 98 2
75 99 1
100 99.50 0.50
What is Business?
 What is Business?

Input Process Output

I--------------------------------------I
 What is Business?

Input Process Output

I--------------------------------------I
Resources (5 M)
1. Money
2. Manpower
3. Materials
4. Machine
(Technology)
5. Management
 What is Business?

Input Process Output

I--------------------------------------I
1. Predictable
Resources (5 M)
1. Money 2. Repeatable
2. Manpower
3. Materials 3. Measurable
4. Machine
(Technology)
5. Management
 What is Business?

Input Process Output

I--------------------------------------I
1. Predictable 1. Quality
Resources (5 M) 2. Price Markets
1. Money 2. Repeatable 3. Service and
2. Manpower 4. Speed Customers
3. Materials 3. Measurable (Q P S S)
4. Machine
(Technology)
5. Management
 What is Business?

Input Process Output

I--------------------------------------I
1. Predictable 1. Quality
Resources (5 M) 2. Price Markets
1. Money 2. Repeatable 3. Service and
2. Manpower 4. Speed Customers
3. Materials 3. Measurable (Q P S S)
4. Machine
(Technology)
5. Management

Money = C + P
Organizational Structure

Prof Bharat Nadkarni

 What is Organisational Structure?

Input Process Output

I--------------------------------------I
Production HR Finance Marketing

IT

R&D Business Dev.

Thank You