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GTU INNOVATION COUNCIL
www.gtuinnovationcouncil.ac.in
Interactive discussion explaining
the entire life cycle of Innovation
in co-relation to final year project
-Kaushik Akiwatkar
Agenda for session
 How to innovate effectively?
 How to enable innovation?
 How to sustain the change?
 Connection and correlation of Innovation cycle with final year projects
What is Innovation?
Challenge? Novelty Utility
Application of new ideas to solve problems resulting in benefits to user
Image: TATA Swach
Solving Problems . . .
Image: Sangaria town of
northern Rajasthan
•Technology/Product
•Process
•Business Model
•Others
Category of Innovation?
•Disruptive
•Incremental
•Lateral
Types of Innovation?
Two Surprise cases
Cycle of innovation (Co-relating final year project with innovation cycle)
Tihar Jail in 1993
In 1993
 Filthy and corrupt
 Same vessels of cooking and
washing cloths
 Garbage collection issues
 Low literacy
Tihar Jail in 2011 (Cultural Innovation)
 Campus recruitments
 Rs. 100 Cr revenue
 High literacy rate, IAS and MBAs
Who can become Innovative
 “Any one can” view “Only If” view “DNA” view
Cycle of
Innovation
8 Steps to Innovation
Step 1 – Idea generation
Step2 – Challenge Book
Step 3 – Catalyst
Step 4 – Low cost high
speed experiment
Step 5 – Design a
good speech
Step 6 -
Step 7 and 8
2 Loop of idea cycle
Cycle of innovation (Co-relating final year project with innovation cycle)
Cycle of innovation (Co-relating final year project with innovation cycle)
Cycle of innovation (Co-relating final year project with innovation cycle)
Cycle of innovation (Co-relating final year project with innovation cycle)
3 Myths of Innovation
Myths Truths
Begins with creativity Begins with curiosity
Idea moves ahead in smooth linear fashion Idea moves ahead through iterative
experiments
Its all about risk-taking Its all about assessments, taking and
mitigating risks
Step 1 – Idea generation
Step2 – Challenge Book
Step 3 – Catalyst
Step 4 – Low cost high
speed experiment
Step 5 – Design a
good speech
Step 6 -
Step 7 and 8
Challenge Book | Invite challenge
 Pain Point (Human problems)
 Wave (Trend)
 Waste (feature not relevant)
 Interoperability
3. Catalyst
 David Packard three hat.
 Enthusiasm hat
 Inquisitor hat
 Decision hat
Ajay Bhatt (Co-inventer of USB)
 Create internal role models
Elephant and rider Theory
 Passion
 Full of fun
 Energetic
 Pride
Rider
 Needs direction
 Goal
 Focused
 Plan
 Guidelines
 Framework
Technology/Product
Innovation
Before
Later
Latest: 2014 Laptop
Process Innovation
McDonalds Story
Change in Menu
Cut down in food items from
35 to 9 which included 2 types
of burgers, Fries and 6 Drinks
New Food delivery system
Mechanism
Business Innovation
Thank You for being a great audience
Kaushik Akiwatkar
S4 Development Coordinator
(Innovation & Entrepreneurship)
kaushik@gtu.edu.in
** Above presentation was based on book “8 steps to innovation from jugad to systematic innovation”
Just want to say Hi!
facebook: www.facebook.com/kaushikakiwatkar
LinkedIn: https://in.linkedin.com/in/kaushikakiwatkar
+91 - 8866814755
Contact Us
Address:
Mr. Kaushik Akiwatkar
S4 Development Coordinator
(Innovation & Entrepreneurship)
kaushik@gtu.edu.in
126, ACPC Building,
L.D. Engineering College Campus,
Navrangpura, Ahmedabad - 380 015
079-2630 0499, 079-2630 0599
www.gtuinnovationcouncil.ac.in
www.facebook.com/gtuinnovationcouncil

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