Virtual Live Workshop:

Create the Future – Functional Innovation Methodology

A Systematic approach to accelerate profitable and implementable ideas in your organization


10th -11th Dec 2020 (11am daily)

A recent survey, CEO’s across the globe professed a focus on profitable growth backed by product, process and business model innovation. Organizations of today need to be driven by a win-at-all-cost pursuit of revenue enhancement and cost optimization, and have a longer-term focus on capacity building and developing strong culture around innovation and engagement.

Almost without exception, all high-performance organizations across industries and geographies have emerged and grown on the back of innovative ideas generated from within.  Borrowing from competition to do the thinking for you is rarely successful as a long-term business strategy. But, in a recent study by Innomantra, less than 20% of the participants stated that they have the knowledge of techniques to generate ideas systematically.


Why is this the case? 

In our experience, one of the fundamental reason for this knowledge gap is that most organizations don’t believe that idea generation can be managed effectively as a management process. But, this can be changed.

Join us to experience how your organization can transform the innovation skills of your people and enable them to innovate effectively at the workplace.


Create the Future – InnoPRO™: Functional Innovation Methodology®

Functional Innovation Methodology® is a unique and exciting approach that has been developed by analyzing and synthesizing more than 40,000 recent product, process, and business model innovations.  It leverages the best from the innovation approaches of Creative Problem Solving, Design Thinking, Morphological Analysis and Theory of Inventive Problem Solving.

Several leading global fortune 500 companies to name few ABB, Alcatel-Lucent, Atkins, Bharat Electronics, Google, Hindustan Aeronautics, Harman International, Ingersoll Rand, Larsen & Toubro, LM Windpower, Lucy Electric, Meritor CVS, NetApp, Newell Brands, SKF, Schneider Electric, Qualcomm, Tata Group, Thomas & Betts, Trelleborg, United Technologies, have leveraged the Functional Innovation® Methodology to enable its people to consistently generate profitable ideas, in a way that is easy, effective and enjoyable.

At the workshop, you will learn to use a set of powerful heuristic tools to generate great ideas systematically.


Target Audience :

  • CXO’s and Leaders in Management, Middle Managers responsible for driving growth
    • product innovation,
    • process improvements and transformation,
    • business strategy development
  • Entrepreneurs who would like to take forward their start-up to the next stage of growth

Create the Future with Functional Innovation

Lokesh Venkataswamy MIET

Design Thinker, CEO & Managing Director

Innomantra Consulting Private Limited

Lokesh Venkataswamy is a Design Thinker, CEO & Managing Director at Innomantra, a leading digital, innovation, and intellectual property consulting and services organization. He brings with him more than 25 years of professional experience in Digital, Innovation, Intellectual Property, and New Product Management. Before Innomantra, he managed innovation and intellectual property as a part of strategic planning and Initiatives at Larsen & Toubro (L&T), India, starting his career with the Medical Equipment and Systems Group at L&T where he served 12 years in product design and development. At Innomantra, Lokesh has worked with several top Fortune 500 companies in a wide range of sectors including Aviation, Automotive, Industrial Equipment Manufacturing, Information Technology, Retail, Engineering Services, Medical Electronics, Consumer Goods to name a few, in the areas of Innovation, Design Thinking, Intellectual Property, and Digital Transformation.

He has also advised educational institutions, entrepreneurs, industry associations, and government agencies in these areas. He had also won the India Innovation Challenge award in 2008 by the Government of Karnataka and Confederation of Indian Industry. He was awarded a citation at the Institute of Engineering and Technology (UK) South Asia Conference and in 50 Most Innovative Leaders at World Innovation Congress 2018. He regularly helps start-ups by mentoring, investing and, he was part of a jury at The Economic Times – Indian Institute of Management, Ahmedabad’s ‘Power of Ideas’ in 2013, 15, and 18. He has been part of several National Innovation Competitions Winning Team and working on the most promising global innovation projects at Innomantra. He is currently serving as a board member of Technology Business Incubation, Innovation and Research Councils in various universities and academic institutes. He also plays a vital role as International Innovation thought leader Global Minds Network – France. Lokesh is an active member of the Institution of Engineering and Technology (IET) and Chairman of IET (UK) Bangalore Network and International Society of Professional Innovation Management (ISPIM). He is also convener at the BIS-TC 279 Committee of Innovation Management System ISO 56000 at Bureau of Indian Standards and International organization for Standardization Innovation working group.

Lokesh is also a visiting professor of Business innovation and Management in top business schools, regularly chairs and participates as a speaker in many Innovation, Digital Transformation, Technology, and Intellectual Property conferences and seminars. He regularly guests lectures at institutions like the Indian Institute of Technology, Indian Institute of Science Bangalore, several Indian Institute of Management, and others. He is a Mechanical Engineer with an MBA in Marketing and a PG Diploma in Intellectual Property Law from the National Law School of India University (NLSIU).

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