appreciation, bestversion, clarity, confidence, creativity, design solutions, development, Digital Products, digital world, DigitalIndia, digitization, FutureTech, growth, Innovation, inspiration, New Product Development, Online Product Solutions, passions, Personality, product solutions, ProductManager, selfbelief, StartUp, Stories of Life, technology, ThinkConsumer, ThinkCustomer, thoughts, UIUX, very important, Work Life

Future Push – Tech & Innovation!

Today I laid my hands on an article by HBR which am sharing here :

https://t.co/ISLUeum30c

Its matrix described gave me a lot of confidence & clarity on how to think for products & future roadmaps for yourself or company or society. Again Sharing here :

Screen Shot 2017-08-25 at 11.38.23 AM

Most of us (94%) are doing “Basic research” in this space especially at the middle & lower management level.

Some of us (5.9%) are doing “Sustaining Innovation” as Product Managers, Leaders & even in space which is not so well defined from problem statement or domain per se but we assume that this is the solution or expected world so lets go for it.

Very Few of us (0.1%) are trying to do Disruptive or Breakthrough Innovation. Elon Musk for sure lies in the Breakthrough space and so are some of the esteemed scientists in the technology, literature, economics, art, media, etc. spaces.
Breakthrough is really difficult to achieve of all – requires huge research, money, persistence, sharp focus, dedication, sacrifice @ personal, health, etc. level
Disruptive is still achievable if one has fair control on various variables like talent, opportunity, business model, money, knowledge.

So if I have to rate the various models in chronological order, I will say Basic Research + Sustaining Innovation are “all right to have” like the Must Have but not sufficient.
Disruptive is achievable while Breakthrough is really tough but yet possible 🙂
Anyone wanting to excel in any sphere/industry/role should have first two for sure as a constant practice like eating, breathing and achieve disruptive time & again (like 5 – 10 in lifetime) while keep aiming for Breakthrough as it will be extremely rare – one, if you are very lucky then two.

If you have achieved one break- through, then remaining three still are important but your job is done – that’s the AIM ! Great brands, companies, products are known for that one discovery. E.g. Infosys by NRN, Disney by Walk, Apple by Jobs amongst many others.

Some people achieve disruptive time & again e.g. Actors going for 100Mn then 200Mn, etc. marks for box office returns. Or great PMs able to fish out great products time & again, can’t call any names right now 🙂 E.g. Google as a company maybe

So here’s the mantra – keep adding to yourself with the first 3 & make yourself a Break through as a person or create a Break through company or work on a Break Through Product. Mostly in my case, first & last are more probably while middle one is a distant dream 🙂 Amen to all though !

 

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appreciation, bigger picture, Business sense, clarity, Digital Products, growth, Life Habits, MBA, New Product Development, Online Product Solutions, passions, PM, product solutions, ProductManager, StartUp, Stories of Life, sustainable creativity, technology, ThinkConsumer, ThinkCustomer, UIUX, very important, Work Life

Zingography : Tech/Product/UX/StartUp Update # 7

Today, let us discuss the importance of “Art of Organising” to be relevant in today’s Management Space.

The Optimum Art of Organising & Planning to ensure efficiency however not causing too much delay & redundancy is a difficult Art to Manage.
It requires attention to detail, understanding of situations + people, right amount of patience to hold your horses or speak at the most opportune time. Above all it required alot of maturity, analytical skills & calmness to manage all the situations.

In my understanding, this is quite the skillset a qualified MBA is supposed to have to be an effective manager & leader. In same breath let me mention the subjects of MBA course in my understanding prove to be most critical for a leader in due course of their professional careers :

  • Organisational Behaviour : Though its difficult for young MBA minds to absorb & estimate the impact of all the topics in a class of 20+ hours, it is the subject which cuts across all students & is applicable throughout the careers every single moment
  • Game Theory : If one subject can teach the outcome probability best then it is this subject – one should always be prepared & calculating to know the best outcome possible in every situation/event for themselves or colleagues or business, etc. Its quite the lovely topic
  • Operational Research : This subject teaches the art of balancing different sets, values, variables, constants to ultimately reach your optimum goal of efficient results.

There are other subjects worth mentioning though matter a lot on how they are taught – Managerial Skills, Leadership Skills, Strategy, Accounting, etc.

My efforts of mentioning all this in my Tech/Product Blog is that how relevant they prove in giving me a grip & edge for doing Product Management on daily basis. Phase Gate, Optimisations, Filtering, Detailing, Deep diving should become more of a habit that comes naturally while thinking, talking, acting, deciding on things for future growth/Leadership roles.

A word of caution – please do not even think of becoming “Monica” for the same! Phew, that’s OCD.