Posts by Shilpi Kumar
Eliminate the seven wastes of innovation to create flow.
“Lean is a way to do more and more with less and less — less human effort, less equipment, less time, and less space — while coming closer and closer to providing customers exactly what they want.†– Womack and Jones, 1996, (Source) During the late 1980s, an MIT research team coined the term “leanâ€Â to describe…
Read MoreSeven myths that might be killing your innovation dream
Here are a few stats to put things into perspective. Based on a KPMG study conducted in 2019, 70% (an increase from 50% in 2018) of the CEOs in India believe that they need to improve their innovation processes over the next three years. Four in five CEOs in India want their employees to…
Read MoreKhoj for Innovations in a Post COVID-19 World
At Khoj Lab, we are in the “khoj†for innovation.“Khoj†means discovery, and we are hungry to discover what innovation means in this rapidly changing world. With the sudden rise of COVID-19, there are a lot of people in distress and a lot of people innovating around the world (governments, corporations, startups, and educational institutions).…
Read MoreHow to Foster an Appetite for Risk by Using Ambiguity as a Resource
Some time ago I had a conversation with Jim Long, former Head of Creative Office and R&D and my mentor, about how innovation could succeed within a company. We agreed that for innovation to be truly transformative, it should be set at a distance where it cannot be interrupted by existing metrics and governance models.…
Read MoreCombining lean startup and agile with a design-led approach reduces business risk
For most corporations, leading in quality means continually pursuing organizational excellence. This means leaders have to make sure that the organization is fit for its purpose, stays that way, and keeps improving over time. Maintaining quality is much easier when the risks involved are lower. Organizations tend to reduce risk by defining things that can be measured and incentivized.…
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