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Oh’s and Woe’s – Identifying Innovations.

Innovation is the root of any business success; all business need to come up with something original and new. Even if the business model addresses traditional lines of ideas; the packaging, the application, the tuning being unique can still be an innovation. Today organizations get caught in the web of ROI, P&L and addressing ongoing PGM routines that innovation has become a negligible and in most cases a rejected case. Lets leave aside the ecosystem for nurturing innovations; these days organizations do not have the capability to differentiate between a successful innovation and a stale drummed up rhetoric. So dismal is the stance that everything that does a workflow with few colors is deemed as an innovation.

As business and organizations evolve, innovation is becoming a key driver of performance. Firms striving to maintain high rates of innovation need a continuous flow of new ideas. Innovation is like field that has to be set right; for the seeds of ideas from key personnel fall and sprout into a worthwhile result. The organization not only need the supportive environment where the birth of an idea happens; it also should be ready with the cradle and life support for the idea to evolve into an innovation.

Woe to the organizations that do not have the capability to differentiate. The breed of intellectuals are a rarity; their ideas and practices if leveraged and nurtured well can help build new channels of business expansions and value. Organizations that cannot innovate or build environments to breed innovation cannot survive in the market. Lets first look at how Innovations can be identified; what can actually be termed as Innovation?

Innovation_Simple_Wordle

 

Identifying Innovation:
Well, that’s what organizations struggle with. When you say organizations, we relate to the people in flesh and blood who hold offices that across the leadership stack. Innovation happens under the radar; unless your organization boasts of having the wherewithal of setting and managing an innovation management COE – center of excellence.

Lets now dive deep on how we can identify an innovation. With the many ways of identifying innovations the following DND approach can be one of the ways you can identify and value an Innovation.

DIFFUSION:
Diffusion is the way in which innovations spread, through market or non-market channels, from their first micro implementation to different consumers, countries, regions, sectors, markets, and firms. Without diffusion, an innovation will have no economic impact. We look at the diffusion in many aspects; we gauge using audience excitement, value generated, market segment addressed, market size, idea investment and ROI, value impact analysis.

NEW:
A product, process, marketing method, or organizational method can already have been implemented by other firms, but if it is new to the firm (or in case of products and processes: significantly improved), then it is an innovation for that firm. An innovation cannot be termed new if for example a product is purchased off shelf and implemented true to its features in a business practice to achieve the features therein and thereby terming it an innovation. NEW to the Organization, NEW to the Market.

DISRUPTIVE:
An innovation that creates ripples and impacts a market and thereby upsetting the existing norm and creating new value chains; change the structure of the market, create new markets, or render existing products obsolete. Disruptive innovation focuses on the impact of innovations as opposed to their novelty.

Effects of Successful Innovation [DND-E]:

* Increase or maintain market share
* Enter new markets
* Increase visibility or exposure for products
* Reduced time to respond to customer needs
* Achieve industry technical standards
* Reduce operating costs, increase margins
* Increase operational efficiency
* Improve communication and interaction among different business activities
* Increase sharing or transferring of knowledge with other organizations
* Increase the ability to adapt to different client demands
* Develop stronger relationships with customers

Copyright © cran.edge/@jesuvaliant @valiantblogs

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Edge Business Solutions Framework

October 28, 2012 Leave a comment

EDGE has been structured to handle specific enterprise workflows addressing access control, content management, intellectual property and security requirements. EDGE enables the enterprise to harness the power of Web 2.0 to drive customer loyalty, drive marketing and product management, as well as provide collaborative environments for promoting ideas that drive continuous innovation.

Web 2.0 has transformed the way we look at online community behavior and the possible implications of collective, collaborative knowledge management models. The power of the model has been universally recognized. However, the implications for enterprise adoption suffer from a lack of immediate consensus.

Jesu Valiant – The Major Service Industry Trends

With the above trends shaping the services industry; there is a need to address the ever-increasing gap with a solution from a technological and logical perspective that would stand to evolve with the dynamics of the service industry. We tend to get attracted to terminologies in the services industry ‘use case’ like KCS, Social Media, Collaboration, Analytics, etc., forgetting that these idea bundles do not have a tested platform with observable data that can be adapted in similar environments, providing the same yield. With such a dearth of proven solution models; here I am looking at replicating the models of successes and to present the entire solution in a concise logical framework for global comprehension.

Introducing the Edge Business Solutions framework; I address the technology components, logical functions, ongoing support and evolution to the ‘services’ business dynamics. This is a working  solution model adapted by a few organizations; there is a mapped platform, defined process set, metrics & measurements and a visible ROI.

The Edge Solution Framework

Jesu Valiant_Edge_Framework

Edge new market solutions are designed to address a wide range of challenges and help users increase performance levels and streamline operations. Lean is in Edge Solutions DNA, this DNA ensures that we structure and deploy specific enterprise workflows addressing access control, content management, intellectual property and security requirements. EDGE framework enables the enterprise to harness the power of BPA-BPM and Analytics like never before; having a direct bearing on ROI. Solutions help drive customer loyalty, drive adoption and better product management, as well as provide collaborative environments for promoting ideas that drive continuous innovation. Edge Solutions have helped transform the way we look at Business Process Management and the possible implications of collective, best practice models.

Key Solutions:

  • Knowledge Systems
  • Data Collection & Capture
  • Online Collaboration
  • Learning Management
  • Social Media Solutions
  • Document Management
  • Enterprise Wiki
  • Enterprise Content Management
  • Analytics + Reporting Dashboards
  • Scorecards & KPI Management
  • Self help / DIY Solutions
  • Survey Management
  • Process Tracking & Scheduling

The range of Edge solutions and services are powered by a native Edge applications framework also named Edge; structured to handle three challenges: the intensive deadlines, the stringent checklist of flexibility & security, and a predefined set of functional classes written by experienced Web developers. Edge application framework lets us build high-performing, thoroughly flexible, deeply secure, elegantly designed, Web applications quickly.

Edge web application framework is a high level PHP framework that encourages rapid, expandable,  inter-operable, web applications. There are predefined modules addressing core functions of workflow, charting engines, access controls and the likes that augment any build and deploy scenario rather quickly.

For more information please feel free to reach to me at my business email address at jesu.valiant@csscorp.com.

Copyrights – Jesu Valiant 2012

Enterprise Solutions Framework for Salesforce

December 8, 2011 Leave a comment

Salesforce has emerged as one of the best cloud solutions for the market and its evolution is quite remarkable. With a new range of feature sets deployed over cloud and the spree of acquisitions that Salesforce has done especially to add more capability to its offering; there has risen a strong need for organizations who have adopted Salesforce to understand, leverage and extract ROI over this rapidly evolving cloud solution.

There are a range of services spanning the entire lifecycle of cloud based CRM adoption using the Salesforce.com platform one can avail from the list of partners. However organizations fall much short of enabling the newest features and obtain the yield of critical benefits. Building these niche services and solutions are undertaken by select Salesforce partners who leverage exiting function sets and take the operability of the cloud to greater depths. We can build comprehensive solutions that drive sales, support through  Collaboration, Social networks, Business intelligence and Knowledge management processes. There are the critical new market solutions that have been framed in the industry to which there is no dynamic solution that has been created.

Almost many organizations find it harrowing to perform, 1. CRM & App Adoption and driving higher ROI, 2. Implementing the new market solutions for the new dynamic business landscape. Many Salesforce implementations suffer from a lack of critical expertise in adopting best practices, packaged solutions.

Have below Salesforce solutions and support framework [Have derived this from ITIL framework; this conjure specifically for Cloud Administration and Management] that can help appreciate the user experience and drive higher utilization of the cloud solution. Have listed the critical areas of operations support & administration where every organization using Salesforce needs to deploy a focus group.

Salesforce Solution and Support Framework

Framework defines a comprehensive solutioning and support stack. We intend to pursue adoption of this framework and thus provide direct value to the market in achieving the elusive 1. Adoption and driving higher ROI, and optimizing for performance 2. New market solutions for the new dynamic business landscape “to be done On Demand”. With a strong Salesforce expertise and solutioning cadence spanning across process management, analytics, interops, migrations, integrations backed by certified applications; the ForceNext as it is branded will deliver the best conjure of expertise in the Services domain.

Solutions Stack for the New Market: On Request mailto:jesu.valiant@csscorp.com

Copyright © 2009-2011 cran.edge/@jesuvaliant @valiantblogs

Strategic Financial Decisions – The Makers & the Breakers

September 16, 2011 Leave a comment

Taking the Shylock route today’s organizations embark on a journey that can directly drag the organization to perilous and disastrous route into a future that offsets the goals and the mission of the Board. The financial charter by process design, rests with the decision of a very few; these few sometimes do not get the pulse of the organization; they constantly vibrate at a frequency that is completely off course the Board and the Business. With the changing trends in the corporate leadership and their approach to profitability, the only line items these leaders  see are bottom line cost reductions, spree of acquisitions & improper integrations, investing into sales & marketing efforts of decade old services, misplaced S&M focus over geographies and services. They are not to be blamed, without any depth in the service LOB of the organization and the technology vertical comprehension skills these decision and their makers drag the organization down and ensure it sputters to an halt like an old blocked rusted carburetor engine.

I want to discuss a few key examples of such perilous decisions and the decision makers that have devastated tall standing organizations. These decisions and the decision makers have collapsed structures and impeded progress in the name of growth and profitability; bringing to the fore their cleaving to traditional business structures and not adopt to the dynamic business environments governing the markets today.

Nortel Networks: Nortel struggled with a string of weak leadership team who huffed and puffed their way through mistake after mistake until Nortel eventually collapsed. They were burdened with billions of dollars in debt after missing out to raise equity and till they became a penny stock. Poor management and governance saw class-action lawsuits that cost it billions of dollars. Nortel made a series of multi-billion dollar acquisitions that were spectacular failures. Causes: Incorrect and out-of-line Financial Decisions by the handful of leaders that devastated the growth Nortel had achieved over the decades.

Air India: Foremost the Public holding of a Commercial enterprise does never survive, except for entities like ISRO where scientists and industry experts rule the roost. As for Air India and Indian Airlines the decision on not to privatize proves costly. The Indian state with its plural and coalition driven political schema cannot in anyway manage to be commercial in the wake of massive industry competition. The rising debts over fuel, airport parking, salaries, maintenance, one does wonder the future course of the organization. Wages account for just 16% of total costs, so the scope for reducing losses through wage or employee reductions is quite small. Blunders aplenty thanks to the Union ministry like the; Air India – Indian merger, Not outsourcing of fringe and support work, severe misuse of perks, corruption driven losses from high places, No industry expert to run the show as bureaucrats and politicians CANNOT run an airline. The purchase of Boeing 777 and 787 Dream-liners far beyond the airlines need is another major factor in this. Recently reports indicate corruption in the sale of assets of the Organization. Causes: Well.. its political state leadership. What more can anyone expect?

The above listed instances clearly highlight the need to have a strategic leadership team that drives business performance and posses great acumen and wisdom. Having taken financial decisions based on traditional and primitive approaches do not help growth in organizations that operate in dynamic business environments, the need of the hour is to have a sane leadership that can rise up and adopt to the changes. In the name of Optimization – Penny Wise Pound Foolish. Whenever the corporate house starts building hurdles for business growth in any form with red tapes lined with laces preaching of optimization; its high time the second level leadership and mid management foresee the conclusion. In the above examples we see that in the dynamic business environments the decisions becoming debacles.

Jesu Valiant – 2011

Social Media for the Enterprise – Strategies for Maximum ROI

Social Media dynamism, science and working is unique and can be adopted to Enterprises that have their own community, they can on-board existing traditional engagement channels into Social media and offer an unique customer experience. There are always huge benefits in closing out a successful Social Media channel for enterprises. Simply the Science of Social Media can allow a definitive and a sea of change for enterprises who will want to pursue new ways of global outreach and engagement of customer communities.

There are frameworks, methodologies, practices and process systems created to add tremendous value to enterprises seeking to deploy Social media strategies, With the application of Social Media strategies and by incorporating the best practices honed; enterprises can now pursue providing strong value to their engagement models by providing the need driven, value based solutions over Social media. Enterprises have a list of priorities that they should achieve by deploying Social Media platforms; these priorities are scenarios in which they get the maximum return over investment. These scenarios are the traditional engagement methods that are packaged and deployed over social media platforms; with a global community and outreach like never before. Have listed below few of the direct, maximum yield Social Media pursuits that I could research and list.

Investment and Maximum ROI Scenarios.

Enterprise Collaboration Enablement
Enterprise Support Enablement
Social Media Monitoring & Engagement
Social Media Sales Enablement
Web Collaboration & Intelligence

For detailed insight, visit my other Blog

Jesu Valiant – 2011

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