Pankaj Deshpande

According to a survey by PwC’s innovation benchmark, 61% of the respondents of the survey embraced open innovation for the generation of new ideas at the workplace. The statistics clearly underline the significance of innovation for employees ; afterall, employees are the true treasure of a company.  Innovation fuels the employees to be more competitive and increases their efficiency in the dynamic business environment. With efficient use of all resources and opening doors for innovation at the workplace boosts the employees' morale and design thinking process. Everyone likes a little innovation and challenge in their working regime. Thus, innovation in entrepreneurship gives each employee new challenges every day, thus keeping them engaged.  There are several ways to improve employee innovation. Some of these ways are:  Innovation culture must be encouraged. It is often said that not doing anything is way worse than trying and doing something wrong. In a company, such an environme

With the rising competition, many entrepreneurs have started discussing innovation. But what is the meaning of innovation, and why is it important for entrepreneurs? So, innovation is basically the replacement or improvement of something. Innovation is the particular instrument of entrepreneurs with the help of which an individual exploits the changes as a chance for a different business. An Innovative Entrepreneur is one who has the ability to tackle to produce innovative products to meet the market's demands and trends. Innovation in Entrepreneur plays a role in many ways like in:  Creative Development Innovation enhances the nature, creativity, and design thinking process of a brand. A new business can attain the height of success by learning the steps of creativeness. Innovation in Entrepreneurship can open the doors of various opportunities by helping the business to keep up with the current trends.  Persistent Improvement Innovation gives organizational durability when you a

HR, as the manager of the workforce in the company, has a big responsibility to manage. Therefore, to keep up with the changing time, it is essential to upgrade the game with HR innovation for implementing amazing and innovative ideas, new ways, and efficient technologies to meet the organization's upcoming requirements. It's about anticipating future requirements and circumstances instead of simply finding a response to a current changing situation.  From hiring the new and best employees efficiently, keeping them on the job enthusiastically, training them strategically for various purposes, and engaging all the hired employees thoughtfully, there are too many opportunities to stand out with creative HR innovation .  Therefore, to help you with it, we have covered some fresh, innovative ideas - Want to Keep your best employees? Offer Them Cash to Quit.  If you want to keep your best employees, use the 'offer them cash to quit.' When it comes to hiring and firing, there

Everyone in their businesses desires positive change. Business innovation refers to the process in which new practices, new services, new technology are introduced to grow a business. Technological innovation is being emphasised across the globe to flourish one's own business. 84% of executives have already realised the significance of innovation in their growth strategy, according to a survey by McKinsey. The following points will justify how innovation can help your business to grow- Improvement in sales  Companies that use an innovative model for targeting audience using customised strategies are more trending and captivates the interest of customers. Ads will channelise more consumers to the company; sales of a company are likely to increase. More the revenue more will be the profit.  Reduction in wastes and costs Technological innovation is done with the purpose to be environment-friendly, and with the environmentally friendly procedure, the wastage is likely to be reduced. Ad

Evolution is a very necessary component for an organization of any kind. A company that wants to stand out in the market, regardless of the niche in which it will be inserted, will need at some point to bet on  Product Innovation  otherwise, it will be massacred by the competition. So, let's know more about it! What is Product Innovation? Product Innovation  is the development of new goods or services to be launched in the market. It can also be an improvement in the functions and assignments of an existing product. The idea is to gain space with pioneering changes, which may or may not involve high technology. Often, a simple and organic idea can be very innovative and attract consumers' attention. Without a doubt, it is a necessary step that must be taken to remain active in the market. Types of Product Innovations There are 3 types of  Product Innovations: Radical Innovation :  It consists of innovative ideas, high risk, considerable investment and market changes. Incrementa

About this Course A product’s price, design or advertising are no longer the sole parameters to beat the competition. Rather, understanding customer needs, knowing their ability and willingness to pay are the factors that decide competitive advantage. Data’s role in a business has never been more valuable. We have now entered into what can be called as the third generation of business intelligence (BI). But the role of a BI team has always remained the same – to understand and analyze the past and use that knowledge to make better decisions in the future. Business intelligence, big data and analytics are changing how organisations operate and make decisions. Power BI offers a comprehensive set of AI capabilities which help customers analyse text and images, build automated machine learning models, interact with data by asking questions, and automatically detect patterns in data, all through interactive visual experiences. Business Intelligence Market to Reach USD 39.35 billion by 2027.

About this Course Learn how customer experience innovation is changing business practices to meet customers’ changing perspectives. The best companies understand that the most sustainable form of differentiation is Customer Experience Innovation. To, win today, companies need to create innovative personalized customer experience beyond just an operational excellence mindset. This program is specially curated to provide holistic experiential learning on how to create innovative customer experiences. Learn Customer Experience Innovation framework and practice how to optimize, align and innovate your customer experiences journey. Meet your Instructor Fast-paced business entrepreneur is adept at scaling up technology startups. Deep experience and passion in setting up Global Technology Centers driving digital transformation, establishing new competencies, creating a working culture fostering innovation, learnability, respect, trust & happiness. Skilled in meeting emerging technology tr

 About this Course Learn the fundamentals of User Experience Design. Know the “Mind Set, Skill Set, Tool Set” of an Experience Designer. Demystify: What is Design? It’s linkages with Emerging Technology, Business Strategy and Social Impact. Explore the User Centric Design Process and Ideation Frameworks with an Introduction to User Research, Accelerated Conceptualization and Early Validation. Carve a Career Roadmap of a NextGen Experience Designer for you. Innovation design serves the purpose of providing the user with a feasible, technologically viable, and beautiful product. Meet your Instructors Mr. Kiran Sabnis, Alumnus – IDC, IIT Bombay with 20+ years of experience in User Experience Design across Industries and Academia. He is a Passionate Design strategist, Story-teller, Collaborator, Innovator and Mentor. Kiran has worked with multiple Global corporate enterprises e.g. Fiserv, IBM, TechMahindra, General Electric, USA. He was instrumental in strategizing, developing and institu

 About this Course From time immemorial, there have always been a few individuals who have risen above mere personal gain, to devote their lives to solving pressing social and environmental ills plaguing society. They did this by employing innovative new methods that were hitherto unknown, or known but not applied. Going by that definition, the Father of our nation,Mahatma Gandhi, can be considered as one of India’s first social entrepreneurs. “Start-ups are more than commercial success stories. They are powerful examples of Social Innovation”  Social innovation: Is the practice of using creativity to develop solutions which improve the well being of people & society. It promotes collaborative action, creative thinking & innovative action to address social need. It uses the experience & insight of those impacted & those concerned to come up with new solutions & approaches. It is a way of making change. How you make that change is as important as what change you want