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SURESHBABU .C. PILLAI I use innovation route to increase your revenue!
Mumbai
Indian Entrepreneur. Founder of scpillai.com( an online innovation development and technology transfer company)- Innovator and TOT expert. Startup Doer and Social Entrepreneurship Supporter.
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Open Innovation
New Product Development
Social Entrepreneurship
Technology Transfer
Product Innovation
Member since April 2018
Areas of Expertise
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S.$10/min per minuteNew ArrivalUsing Innovation to Increase Your Revenue!SURESHBABU .C. PILLAI • MumbaiCreated 7 years ago in Technology / InnovationThis is the way I think, and this is my innovation model and strategy. Through innovative work (product, process, marketing, distribution, and business model innovation), I help companies increase their revenue, in contrast with other people’s strategies, which only promote and practice six sigma, improve product quality, or design supply chains for increasing revenue. I think beyond the conventional methods and encourage you to use innovation to grow your business and revenue!SURESHBABU .C. PILLAI MumbaiNew Arrival
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S.$10/min per minuteNew ArrivalAdvisement on How to Use Innovation to Increase Revenue Practically and Easily!SURESHBABU .C. PILLAI • MumbaiCreated 7 years ago in Technology / InnovationThis is the way I think, and this is my innovation model and strategy. Through innovative work (product, process, marketing, distribution, and business model innovation), I help companies increase their revenue, in contrast with other people’s strategies, which only promote and practice six sigma, improve product quality, or design supply chains for increasing revenue. I think beyond the conventional methods and encourage you to use innovation to grow your business and revenue! Hello, I'm S C PILLAI a.k.a. 'sureshbabu' and 'suresh pillai' I am an inventor who is skilled at rapidly developing products suitable for the marketplace. Adept at multitasking, I am a great mediator, leader, and administrator and a fluent communicator. WHAT DO I INNOVATE? Incremental and/or radical (DEFENSIVE/DISRUPTIVE/OPEN/SWARM), feature rich, cost-effective, schedule driven, multi-disciplinary, and quality-enhancing innovations. If it makes a positive impact, I do it! INCREMENTAL INNOVATIONS This innovation strategy revolves around small improvements and/or upgrades made to a company's existing products, processes, services and business models. RADICAL INNOVATIONS This innovation is all about unprecedented improvements and/or new breakthrough/disruptive/game-changing products, processes, services, and business models. HOW DO I INNOVATE? I innovate using my knowledge, tools, skills and common sense via ‘ SIMPs, ‘ which stands for Sureshbabu Innovation Management Processes). 'SIMPs'(SURESHBABU INNOVATION MANAGEMENT PROCESSES) START (from vision through idea to proposal) The decision-making team, composed of INNOVATION MANAGEMENT ARCHITECTS and I, participate in writing an INNOVATION PROPOSAL after we thoroughly understand the project and then start the project with stakeholder's approval. COMPREHEND (from proposal through funding to resource allocation) With the proposal in hand, the INNOVATION MANAGEMENT COORDINATORS and I choose and prioritize various elements keeping stakeholder requirements in mind. A project scheme is mapped by developing and finding funding sources, and powerful PM software tools are employed to plan, organize, and manage resource allocation. A temporary client portal will be hosted for stakeholders in order to display the progress of the project in real-time live. EXECUTE (from resource allocation through technical brainstorming to prototype) INNOVATION ENGINEERS and numerous interdisciplinary floating teams composed of interns and apprentices are given tasks. Through technical brainstorming and maintaining a reasonable scope of the project and stakeholder requirements, a prototype will be made. REVIEW (from prototype through iterations to functional prototype) This is a task for the INNOVATION MANAGEMENT STRATEGISTS, who examine the progress and innovation stages of the real plan and make necessary adjustments to create a working or functional prototype. END (from functional prototype through stakeholder buy-in to handover) Once the innovation is complete, I again recall stakeholder's requirements and if necessary conduct evaluations before handing over the project. With stakeholder buy-in, I determine the project’s impact and further opportunities. 3 Expected Outcomes of my Time-Tested 'SIMPs' SUCCESSFUL INNOVATIONS Optimal Stakeholder Satisfaction Opportune Delivery Absence of Budget Returns & Overruns 3 Points of Concern for my Time-Tested 'SIMPs' DELAYED INNOVATIONS Unrealistic deadlines scheduled by Stakeholders Inadequate resources provided by Stakeholders Change of strategy made by Stakeholders -WHAT ARE MY STRENGTHS? COST-ANALYSIS Helps in optimal cost identification so as to develop the most cost-efficient strategy through differentiation and cost leadership analysis. ACCESSIBILITY Available 24/7 to help with scheduling and executing the project. INGENIOUS Software and hardware design tools, testing equipment, latest prototyping systems, workforce, and project facilities are all available. -WHAT ARE MY ATTRIBUTES? PASSION HIGH SELF-ESTEEM ELOQUENCE SENSIBILITY TO THE POLITICAL ENVIRONMENT APPROPRIATE DELEGATION OF RESPONSIBILITIES TALENTED MOTIVATOR & MOBILISER WITH AN ACTIVE LIFE STANCE -WHAT ME AND MY TEAM ARE RESPONSIBLE FOR? INNOVATION MANAGEMENT ARCHITECTS Make a SIMPs 'BI-TEAM'(BEGIN-TEAM) Depict innovative features Cater stakeholders’ needs and wishes Find a balance between strategic assets and competences Examine what is not examined Get creativity from your inner thoughts Be progressive Pay attention to details Keep stakeholders highly satisfied Follow the thoughts and principles of the initial inventors Track the trends that were not used by others INNOVATION MANAGEMENT COORDINATORS Make a SIMPs 'C-TEAM'(COMPREHEND-TEAM) Understand the scope of the project Align an organizational strategy with and SIMPSs Plan the project budget appropriately Schedule deadlines realistically Run a highly interactive intern program Find resources and time for innovation Give a person trial tasks on innovation before hiring him or her Define the team’s roles and responsibilities Define the scope of the project in a relevant manner Establish a highly-functional system to track and make adjustments Do not encourage irregular meetings or poor communication Coordinate suppliers and interns INNOVATION ENGINEERS Make a SIMPs 'E-TEAM'(EXECUTE-TEAM) Possess various product development skills Make a mixed multidisciplinary team Enhance the optimal blend of non-business and business-related experts to help with innovation Have a decisive 'can-do' attitude in entrepreneurship Identify and solve problems using technological ideas Engage in experimental exercises to prototype technology findings Do not be afraid to take challenges and use technologies to solve them Develop realistic methods using effective and efficient planning INNOVATION MANAGEMENT STRATEGISTS Make a SIMPs 'RI-TEAM'(REVIEW-TEAM) Oversee all the metrics and tasks necessary to ensure the innovation relevance and adequacy Contribute to the project monitoring to avoid any deviations Manage staff by using team members’ skills wisely to ensure on-time delivery Assign team members to certain tasks according to their skills and abilities & I, PILLAI Make the entire SIMPs 'END-TEAM' Motivate improvements for innovation results Get rid of the difficulties that hinder innovation Develop opportunities for blue-sky thinking Plan a high frequency of new feature launches for innovative products Lead employees toward an innovative business path Develop innovation goals for each unit Allocate resources and remove impediments standing in the path of innovation Assess current and final innovation performances Integrate any improvisations Offer incentives to innovation teams Remove bureaucratic hurdles that impede innovation Commemorate ‘smart failures’ that are learning opportunities Stimulate stakeholders to brace the outcome of innovation -METRICS/NUMBERS THAT MEASURE MY INNOVATION EFFICIENCY 140+ ------------ Trade secrets sold out 20.6 million-----Revenue for products that were introduced to the market 2 years ago 8.1 million-------Revenue for products sold to new clients 3.2 million-------Intellectual property revenue 38%---------------- Revenue from the global market compared to the local markets 140%-------------- Revenue from services as compared to products 41%--------------- New innovations that stem from open innovation 45+--------------- Legally reproduced trade secrets (Reverse Engineering) sold 30%---------------. Funding allocation for game changers 82%--------------- Customers who purchased next-generation services/products 80%--------------- Employees who received innovation training 60%---------------. Senior executives’ time devoted to potential future innovations 9%----------------- Employee ideas resulted in trade secrets 11------------------ Teams that submitted projects to be considered for the innovation award -MY INNOVATION AREAS/SECTORS A. 1)Agricultural Technologies C. 2)Cleanroom, unified, Technologies E. 3)Electronics 4)Energy Technologies 5)Environmental Technologies 6)Emerging New Technologies 7)Equipment 8)Educational Technologies F. 9)Food Technologies H. 10)Home Automation Technologies I. 11)Information and communication Technologies M. 12)Medical Devices and Assistive Technologies 13)Military Technologies 14)Machinery R. 15)Rail Technologies 16)Radio Technologies T. 17)Telecommunications W. 18)Waste Treatment How We May Be Of Service? Call me! Reach out to us not only if you are planning to launch an innovation but also if you have any questions or concerns about innovation! We are here to serve you. Tell us about the challenges you are currently facing. We will be eager to help you. Let’s discuss your project further to see if we can team up!.SURESHBABU .C. PILLAI MumbaiNew Arrival
Open Innovation
New Product Development
Social Entrepreneurship
Technology Transfer
Product Innovation
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