Hidden Horizons of Building Innovation | Subhasis Bera | TEDxJyothy Institute of Technology | Summary and Q&A

TL;DR

Failure is an essential part of the innovation process, and by focusing on curiosity, observation, reflection, and exploration, entrepreneurs can excel and take innovation beyond its current limitations.

Key Insights

• ❓ Failure is an integral part of the innovation process and should be embraced as a valuable learning experience.
• 🔺 The innovation triangle has expanded to include ethics, integrity, and sustainability as essential considerations.
• 👶 The fundamentals of innovation involve curiosity, observation, reflection, and exploration, inspired by the unbiased curiosity of children.
• ❓ Culture, intellectonomy, and socialization are crucial pillars for successful innovation.
• 🍉 Emphasizing sustainability, improving cognition, and fostering empathy are essential for long-term innovation success.
• 🛀 Failure should be rewarded and celebrated to create a culture that encourages risk-taking and experimentation.
• ❓ Grit and perseverance are vital qualities for innovators to overcome challenges and setbacks.
• 🫷 Strengthening the foundations of human basics, such as communication, collaboration, and vulnerability, can fuel innovation and push its boundaries.

Transcript

good afternoon everybody uh thank you for the time in advance I am subasish uh I'm a mixed breed of Bengali from the south and love being here people call me Tumi from the Cox town so don't go by with the face and I'm here to talk about something which very few people on this planet talk and be proud about and that is failure everybody wants to tal... Read More

Questions & Answers

Q: Why does Subasish believe failure is something to be proud of?

Subasish believes that failure is a valuable learning experience and an opportunity for personal growth. By failing, he has gained insights and knowledge that have propelled him forward in his entrepreneurial journey.

Q: How has the innovation triangle evolved in recent years?

With the advent of artificial intelligence (AI), the innovation triangle has expanded into a pentagon. In addition to viability, desirability, and feasibility, there is now a focus on ethics, integrity, and sustainability as essential components of successful innovation.

Q: What are the fundamentals of innovation according to Subasish?

Subasish's framework for innovation includes curiosity, observation, reflection, and exploration. These elements are inspired by the natural curiosity and unbiased exploration of small children and can help identify problems worth solving and generate valuable ideas.

Q: Why does Subasish emphasize the importance of collaboration and communication?

Subasish believes that innovation thrives through collaboration and communication. By actively listening, responding, and embracing vulnerability, individuals can learn from others, adapt their ideas, and build upon collective knowledge and experiences.

Summary & Key Takeaways

• The speaker, Subasish, discusses his personal journey of failure in various ventures, emphasizing the importance of failure in learning and growth.

• He highlights the need to focus on the fundamentals of innovation, such as viability, desirability, feasibility, ethics, integrity, and sustainability.

• Subasish introduces a framework of curiosity, observation, reflection, and exploration as essential elements for successful innovation.