The Daily Drucker Series: Test of Innovation

The Drucker Series continues.  .  .

Before you start the read, innovation is not only for organizations, even our individual lives need to be recreated to add value to our world. This journey is never ending. So, enjoy your read. . .

2 MARCH

Test of Innovation

Measure Innovation by what they contribute to market and customer

The test of an innovation is whether it creates value. Innovation means the creation of new value and new satisfaction for the customer. A novelty only creates amusement. Yet, again and again, management decide to innovate for no other reason than that they are bored with doing the same thing or making the same product day in and day out. The test of an innovation, as well as the test of "quality" is not "Do we like it"? It is "Do customers want it and will they pay fot it"?

Organizations measure informations not by their scientific or technological importance but by what they contribute to market and customer. They consider social innovation to be as important as technological innovation. Installment sellingbmay have had a greater impact on economics and markets than most of the great scientific advances in this century.

DRUCKER ACTION POINT: Identify innovations in your organization that are novelties versus those that are creating value. Did you launch the novelties because you were bored with doing the same thing? If so, make sure your next new product or service meets your customers' needs.

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Daily Drucker: The Change Leader

Going through my library, I stumbled on an old favourite - a management devotional full of insights and motivation by Peter F. Drucker The Daily Drucker 

The book remains an all-time inspiration with great management insights distilled into short and sharp daily devotional and tips. The Daily Drucker is excerpts of Thirty-Four books (34) with Sixty-Five years experience (65). This makes it particularly more compelling to read.

Come with us as we dig from the well of knowledge of this guru:-

1 MARCH

The Change Leader

One cannot manage change. One can only be ahead of it. In a period of upheavals, such as the one we are living in, change is the norm. To be sure, it is painful and risky, and above all it requires a great deal of very hard work. But unless it is seen as the task of the organization to lead change, the organizatiom will not survive. In a period of rapid structural change, the only ones who survive are the changr leaders. A change leader sees change as an opporrtunity. A change leader looks for change, knows how to find the right changes, and knows how to make them effective both outside the organization and inside it. To make the future is highly risky. It is less risky, however, than not to try to make it. A goodly proportion of those attempting to will surely not succeed. But predictably, no one else will.

DRUCKER'S ACTION POINT: Anticipate the future and be a chnage leader 

Family Affair. . .

Family is the smallest unit of a group of people related by blood.  .  . (remember social studies class)😎. But this is not about social studies, this is a thought about 'life studies'.

Family can be described with variety of words - cluster, unit, team, group and the list goes on and on. The idea of family was all God's idea and design. He created it and as the last set of creation. He created it uniquely so without a universal form or shape but a universal principle . . . 

And now in our hustle and bustle and our civilization we chip at the most fundamental design of God - family. We recreate different styles, modes and ways of belongingness. We focus on issues and imperfections and create bridges around ourselves.

Even the first family wasn't perfect but that did not deter or change God's principle and idea. Our families might not be perfect, yet we need to keep the bond of love active and alive.

The best time you will know who and where you really belong is when the sea of life gets stormy. Then you will know people who have choices when it comes to you or people who do not have. 

Appreciate your family irrespective of the differences, status, dimension, form, imperfections and views.

Happy Valentine to our families. Spread love to your family this valentine.

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