Personal Innovation Plan

Introduction

I took this class on Innovation, Creativity & Entrepreneurship because I thought I was losing the touch with my inner creativity. After I finished my undergraduate degree, with the daily grind of the corporate world somehow I lost the creativity and the spark that I used to show while tackling day-to-day problems in mu undergraduate days and childhood.

One of the main reasons of coming to Berkeley was to rediscover myself and this class is part of the same journey.

For my Personal Innovation Plan, I have made this page as a personal creativity online reference diary that will help me to be creative at every stage of my life - from work related tasks and goals to personal goals. I will use this diary as a guide for my life mastery, applying innovation and creativity to work and life in general.

After graduating from Berkeley, I will be joining Morgan Stanley as a Technology Analyst where I will be helping Morgan Stanley implement in-house IT systems. My role would involve interacting with software developers and bridging the gap between business users and software developers.

By using the PIP, as Prof. R said, I would like to play the role of an “intrapreneur” at Morgan Stanley. I will use it to bring creativity and innovation to the work that I’ll be doing at Moran Stanley.

The diary will have short notes and descriptions of all the various innovation and creativity methods that we have learned in the class like CPS, iOrganization, etc.

The diary will also have entries of my short-term and long-term career goals and my evolutions/analysis of them based on the various methods we have learned in the class.

This online diary will also have room for new entries which I would enter from time to time and work on them.

The reason for choosing this online page as the place to put my innovation plan was because I thought if I build something tangible like a physical diary, it would be difficult for me to carry it everywhere and refer to it whenever I need to. Since this page is available on my personal website, I will always have access to this page whenever I need it.

My Personal Quest:

As Czikszentmihalyi said “Creative persons differ from one another in a variety of ways, but in one respect they are unanimous – they all love what they do. It is not the hope of achieving fame or making money that drives them. Rather it is the opportunity to do the work that they enjoy doing.”

I too would like to find that one thing which I really love doing and the work that I would not mind doing it for lifelong. I think that when you are able to find this kind work then yourk work is no more a work, it becomes a play and the line between work and play vanishes.

I am yet to find that kind of work for myself, and that’s the reason for me to move from IT industry and join Morgan Stanley and to see and explore if I could find that kind of work in the Financial Industry.

My Strengths

Below are my top five talent themes, along with action items for development and suggestions about how I can use my talents to achieve academic, career, and personal success.

My Top Five Strengths:

StrenthQuest

StrenthQuest Detailed Report:

Many years of research conducted by The Gallup Organization suggest that the most effective people are those who understand their strengths and behaviors. These people are best able to develop strategies to meet and exceed the demands of their daily lives, their careers, and their families.

A review of the knowledge and skills you have acquired can provide a basic sense of your abilities, but an awareness and understanding of your natural talents will provide true insight into the core reasons behind your consistent successes. Your Signature Themes report presents your five most dominant themes of talent, in the rank order revealed by your responses to StrengthsFinder. Of the 34 themes measured, these are your "top five."

Your Signature Themes are very important in maximizing the talents that lead to your successes. By focusing on your Signature Themes, separately and in combination, you can identify your talents, build them into strengths, and enjoy personal and career success through consistent, near-perfect performance.

Competition

Competition is rooted in comparison. When you look at the world, you are instinctively aware of other people’s performance. Their performance is the ultimate yardstick. No matter how hard you tried, no matter how worthy your intentions, if you reached your goal but did not outperform your peers, the achievement feels hollow. Like all competitors, you need other people. You need to compare. If you can compare, you can compete, and if you can compete, you can win. And when you win, there is no feeling quite like it. You like measurement because it facilitates comparisons. You like other competitors because they invigorate you. You like contests because they must produce a winner. You particularly like contests where you know you have the inside track to be the winner. Although you are gracious to your fellow competitors and even stoic in defeat, you don’t compete for the fun of competing. You compete to win. Over time you will come to avoid contests where winning seems unlikely.

Learner

You love to learn. The subject matter that interests you most will be determined by your other themes and experiences, but whatever the subject, you will always be drawn to the process of learning. The process, more than the content or the result, is especially exciting for you. You are energized by the steady and deliberate journey from ignorance to competence. The thrill of the first few facts, the early efforts to recite or practice what you have learned, the growing confidence of a skill mastered—this is the process that entices you. Your excitement leads you to engage in adult learning experiences—yoga or piano lessons or graduate classes. It enables you to thrive in dynamic work environments where you are asked to take on short project assignments and are expected to learn a lot about the new subject matter in a short period of time and then move on to the next one. This Learner theme does not necessarily mean that you seek to become the subject matter expert, or that you are striving for the respect that accompanies a professional or academic credential. The outcome of the learning is less significant than the “getting there.”

Achiever

Your Achiever theme helps explain your drive. Achiever describes a constant need for achievement. You feel as if every day starts at zero. By the end of the day you must achieve something tangible in order to feel good about yourself. And by “every day” you mean every single day—workdays, weekends, vacations. No matter how much you may feel you deserve a day of rest, if the day passes without some form of achievement, no matter how small, you will feel dissatisfied. You have an internal fire burning inside you. It pushes you to do more, to achieve more. After each accomplishment is reached, the fire dwindles for a moment, but very soon it rekindles itself, forcing you toward the next accomplishment. Your relentless need for achievement might not be logical. It might not even be focused. But it will always be with you. As an Achiever you must learn to live with this whisper of discontent. It does have its benefits. It brings you the energy you need to work long hours without burning out. It is the jolt you can always count on to get you started on new tasks, new challenges. It is the power supply that causes you to set the pace and define the levels of productivity for your work group. It is the theme that keeps you moving.

Intellection

You like to think. You like mental activity. You like exercising the “muscles” of your brain, stretching them in multiple directions. This need for mental activity may focused; for example, you may be trying to solve a problem or develop an idea or understand another person’s feelings. The exact focus will depend on your other strengths. On the other hand, this mental activity may very well lack focus. The theme of Intellection does not dictate what you are thinking about; it simply describes that you like to think. You are the kind of person who enjoys your time alone because it is your time for musing and reflection. You are introspective. In a sense you are your own best companion, as you pose yourself questions and try out answers on yourself to see how they sound. This introspection may lead you to a slight sense of discontent as you compare what you are actually doing with all the thoughts and ideas that your mind conceives. Or this introspection may tend toward more pragmatic matters such as the events of the day or a conversation that you plan to have later. Wherever it leads you, this mental hum is one of the constants of your life.

Focus

“Where am I headed?” you ask yourself. You ask this question every day. Guided by this theme of Focus, you need a clear destination. Lacking one, your life and your work can quickly become frustrating. And so each year, each month, and even each week you set goals. These goals then serve as your compass, helping you determine priorities and make the necessary corrections to get back on course. Your Focus is powerful because it forces you to filter; you instinctively evaluate whether or not a particular action will help you move toward your goal. Those that don’t are ignored.

In the end, then, your Focus forces you to be efficient. Naturally, the flip side of this is that it causes you to become impatient with delays, obstacles, and even tangents, no matter how intriguing they appear to be. This makes you an extremely valuable team member. When others start to wander down other avenues, you bring them back to the main road. Your Focus reminds everyone that if something is not helping you move toward your destination, then it is not important. And if it is not important, then it is not worth your time. You keep everyone on point.

My Foursight Profile

CPS

Result: Integrator

I had a nearly equal score for all four preferences. This means I am an Integrator.

As per the Foursight report, Integrators take a very even approach to the breakthrough thinking process with a profile that shows no particular peaks or valleys. Integrators' energies stay rather steady as they focus on the facts, identify the challenges to address, entertain a plethora of ideas, refine those ideas and finally put them into practice. For this reason they can be very flexible and easily accommodate whatever the tast requires. Given their flexibility, they can be very good team players, finding it easy to work with people who have different profiles. Given that same flexibility, Integrators must also be cautious not simply to follow others' leads, particularly when others have strong preferences. Integrators must remember to diagnose the situation for themselves and pursue the most appropriate response.

Creativity/Innovation Tools

In this class "Innovation, creativity and entrepreneurship", we learnt some really good tools to explore creativity and innovation within yourself as well as in an organization. These tools help you to be creative at all the stages of a task as well as they will help you judge the creativity level of a given task/process in an organization. I have listed down some of the important tools that I learnt in the class and which I plan to use often whenever I am undertaking a new task or process.

Ten Traits of Creativity

Drucker’s 7 Sources of Innovation

CPS: Creative Problem Solving

CPS

DS: Design Thinking

Design Thinking is a process for problem solving with roots in the design world that involved a social process with multiple players – customers, team and experts.

Design is everywhere today:

Design Thinking is useful for a range of creative & business challenges – but also a way to create strategies for the future.

Elements of Design Thinking:

DS

Professor Sara Beckman has researched Design Thinking as a “learning process” that yields improved problem definition and creative solutions.

Source: Sara Beckman & Michael Barry – Innovation as a Learning Process: Embedded Design Thinking (California Management Review, 11/01/07)

iOrganization

iOrganization

Osterwalder Model

OM

Description of each 9 segments

Customer Segments

Value Proposition

Communication & Distribution channels

Customer Relationship

Revenue Streams

Key Resources

Key Activites

Partner & Suppliers

Cost Structure

Short Term Goals

One of the first term short terms goals I have is to give CFA exam as soon as finish graduation and join Morgan Stanley.

Long Term Goals

My long term goal is to move to higher management roles and grow beyond the spectrum of technology jobs. I also want to become an investor, initially at a very small and gradually would like to invest in startups and ventures.

New Entries/Discoveries