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“Wealth flows directly from Innovation.. not optimization.. wealth is not gained by perfecting the known”
IT guru, Kevin Kelly

“An established company which, in an age demanding innovation, is not Capable of innovation, is doomed to decline and extinction”
Peter Drucker

“A company can’t outgrow its Competitors unless it can out-innovate them…..Innovation is the fuel for Growth. When a company runs out of innovation, it runs out of growth”
Gray Hamel

“I predict that TRIZ will become a Standard practice worldwide and will be Widely taught to adults and students to assist them in increasing innovation Skills”
Daniel Burrus, leading technology forecaster, author of Technotrends.
 
 
 
 
About Innovation  
 

Innovation is often confused with creativity and the two terms are generally used interchangeably. But both are different. They are not the same thing, but we tend to think they are leaving us free to wrongly dismiss innovation as too soft and not essential to day-to-day operations. However, innovation is arguably the best approach we have for managing the risk of today's uncertain environment.

Creativity is about developing great ideas, whereas Innovation is about translating / implementing those ideas into action so as to create value for the customers and the organization. Innovation is creativity implemented.

To be successful, an organization must be able to respond instantly to the dynamics of the global markets that is, to be capable of “innovation upon demand” and meet the needs of all customers

Today organizations need to :

  • Make innovation a core competency
  • Direct the process of innovation step by step
  • Predict with a high degree of certainty the evolution of organization's products and services in the marketplace and be ready with profitable breakthroughs
 
It is not a coincidence that recent separate studies released by the two leading Industry Associations - NASSCOM and CII, have indicated that it is imperative the Indian organizations need to now focus in Innovation.
Productivity, Quality and NOW INNOVATION
 
 
 
"I-TRIZ and the Digitization of Your Business"
A White Paper by QAI Innovation Practice