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BUILD AN INNOVATION ECO SYSTEM

Sustain innovation cycles and improve your returns

Functional INNOVATION

Innovation for the sake of it with no purpose, no end goal and most importantly, no idea of what problem needs to be solved, only returns itself with dead ends. Every business is built out of the need to solve a fundamental human problem through innovation and building systems to continuously identify such problems and innovate solutions will allow businesses to stay ahead of their competition. 

In the 1960s, Swiss Physicist Fritz Zwicky developed the method of ‘Morphological Analysis’ for complex problems. Around the same time, Soviet Scientist Genrich Altshuller formulated a method for systematic problem solving after reviewing more than 40,000 patent abstracts. Functional innovation methodology includes elements derived from these two approaches. It has also been influenced by the ‘Design Thinking’ process introduced by Herbert Simon and the ‘Creative Problem Solving’ method pioneered by Alex Osborn. 

10 Benefits of Functional Innovation Engagement

Experience Innovation Tools - Ideation process and generating high quality Ideas in Product, Process and Business Models

Enable technologists and people from every function to innovate systematically

Exposure to patent landscape, patent insights and innovation patterns

Examine competitors and new entrants in the market through patent and non-patent literature

Enriching ideas to intellectual property in projects through creation and de-risking

Exceptional understanding to prior art and discovering opportunities to innovate

Embrace innovative idea and create business value

Efficient way to innovate and motivate in an organization

Enlightened by Ideation Questionnaire Summary insights

Extra-mile by sharing reports / insights on a regular basis

How we help businesses

At Innovations.lk, we have come up with a tried and tested framework for creating an idea bank of profitable ideas and instigating innovation projects at various levels in the organization.
Invent

Put your product innovation into warp speed 

Impact

Reinvent the processes/ services to work around innovation 

Imagine

Dig deep and find where you can innovate in your business model 

Ingenuity

Measure how well your innovations are faring and take corrective actions. 

START BUILDING YOUR ECO SYSTEM NOW

TALK TO ONE OF OUR INNOVATION ACADEMY EXPERTS

Contact Us
info@innovations.lk Drop Us a Line
+9477 344 2242 Call Us Now
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