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u The term „
„
refers to a new way of doing

somethingƖ may be an idea a change in process or
an improvement in process which „
 


  

 

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„
is the conversion of ideas into cash

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jccording to Webster, innovation is:

1 : the introduction of something new

2 : a new idea, method or device
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÷reativity arises through the confluence of

the following three components:

u Ýnowledge
u ÷reative Thinking
u Motivation








u Ý

 <n one hand breath of knowledge and on other
hand in depth experience and long term focus in one specific
area allows people to build technical expertise that can serve
as a foundation or playground for creativity with a domain.

u 2 „ „
 The ability to generate ideas that are novel, high
quality and task appropriate. <ne aspect of this is the ability to
redefine problem effectively and to think insightfully.

uô
„„
 j set of motivational attributes Ƌ ÷hild like

curiosity, intrinsic interest, perseverance bordering on
obsession, passion seem to set individuals who change the
culture apart from the rest of humankind.
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Ãp till now, it is still a mystery as to who invented the
wheel and when the wheel was invented. jccording to
archaeologists, it was probably invented in around
8,000 B.÷. in jsia.

]
Ý was the inventor of the flying shuttle in

1773, which was a key contribution to the
Industrial Revolution. The flying shuttle greatly
accelerated the speed at which weaving could be
performed.

] was a Scottish inventor and

mechanical engineer whose improvements to the
steam engine were fundamental to the changes
brought by the Industrial Revolution
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2
 „
an jmerican inventor, scientist
and businessman who developed many devices that
greatly influenced life around the world, including the
phonograph, the motion picture camera, and a long-
lasting, practical electric light bulb.

   an eminent Scientist,

inventor, engineer and innovator who is credited
with inventing the first practical telephone

]


„„ was a Scottish engineer, who is best
known as the inventor of the first working television. It
is a source of entertainment and news.
 |


  
 was the founder of the Ford Motor
÷ompany and father of modern assembly line used
in mass production. His introduction of the Model T
automobile revolutionized transportation and
jmerican industry. He was a prolific inventor

2 „

  moved toward the
development of a practical flying machine through an
evolutionary chain of seven experimental aircraft: one
kite (1899), three gliders (1900, 1901, 1902) and
three powered airplanes (1903, 1904, 1905).
~„  „] ô
 and ô„ô
ô
 were two early jmerican fast food pioneers,
originally from Manchester who established the first
McDonaldƎs restaurant in ÷alifornia in 1940. ô
 is
the world's largest chain of hamburger fast food
restaurants, serving nearly 47 million customers daily
 
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The Taj Mahal Palace hotel resort was commissioned by Sir
Jameshedji Tata and first opened its doors to guests on 16
December 1903. It is widely believed that Jameshedji Tata
Tata decided to build the luxurious hotel after he was refused
entry to one of the city's grand hotels of the time, Parke's
jpollo Hotel, as it was restricted to Ɛwhites onlyƑ
The person who heralded the change is a shy 71 year
aged young man. jcquired the jnglo-Dutch concern
÷orus, he bought out iconic British cars Jaguar and
Land Rover. À
„„
„  „
 
 „

„
said the
legacy announcing Tata Nano the 1 Lakh car in juto
Expo. He has rewritten the Indian corporate history.
Mr. Ýumar Mangalam Birla is ÷hairman of the ÃS$ 29.2 billion
jditya Birla Group and IndiaƎs first truly multinational
corporation. jn iconic figure, Mr. Birla holds several key
positions on various regulatory and professional boards.
 




S. Ramadorai, has played an integral role in the international
development of Tata ÷onsultancy Services (T÷S) during the
past 30 years. His efforts have helped make T÷S one of the
world's largest global software ÷ompaniesÉ
Ý   Ý is the Non-executive ÷hairman
of I÷I÷I Bank the largest private bank in India. He the name
who transformed Indian banking.
÷  Ý
  is currently the Managing Director (MD) of
I÷I÷I Bank and ÷hief Executive <fficer (÷E<). She also heads
the ÷orporate ÷entre of I÷I÷I Bank. Ýocchar has also
consistently figured in fortuneƎs list of "Most Powerful Women
in Business" since 2005.
! is the ÷hairman of HDF÷, the India's
leading housing finance company. j pioneer in mortgage
finance, he has enabled scores of Indian middle class people
owning their houses or apartments through affordable loans.




 


u Necessity is the mother of invention, situation

make people more innovative and creative
u jppreciation
u Motivating - appreciating publicly by putting
name/ photo as innovator of the month etc.
u Flexibility and free environment support the
creativity
u Rewards and recognitions
 
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u <wnership of the task
given
u curious and tries many
ideas
u jnalyzing power
u Risk taking and courage
u Looks at things
differently
u Finds more options
u Hungry for knowledge
u jbility to Visualize
u create something from
nothing
u ¬
u ÷hallenging the status-quo/
÷hallenge themselves and
challenge the situation
u DonƎt restrict themselves in
boundaries, out of box thinking
u Straight forward
u Perseverance
u Solution centric mindset
u jssertive
u Enthusiastic
u To set challenging goals
u Some amount of positive
„ pressure
u  „ u increase the stakes
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u Excellence is not an event, it is a habit- jristotle

u ÷reativity is allowing yourself to make mistake.. jrt is

knowing which one to keep Ƌ Scott jdams

u I will not say I failed 1000 times, I will say that I

discovered 1000 ways that can cause failure Ƌ Thomas
jlva Edisons

u If someone feels that they have never made a mistake

in their life then it means they have never tried a new
things in their life Ƌ jlert Einstein
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u Let build Enthusiastam

u jsk questions
u Develop curiosity and Passion
u Think out of the box
u Ready to accept failures and mistakes
u Try many ideas not worrying about failures

So lets be a path breaker, trendsetter and be a role

model.
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