Krishnan Naganathan

krishnan naganathan

Innovation Consultant And Founder at Think Horizon

India

Bio Summary

I am part of an elite group of global innovation experts to have achieved the Innovation Management Black Belt ™, after a very rigorous evaluation by the pioneers in innovation consulting, Innovation360 Group. In addition, I am a wild life photographer and a mountain hiker, who enjoys being with nature.

I help organizations approach innovation systematically; define the agenda, choose the right innovation strategy, innovate not just products but also process, management system, service delivery, production and organization. This ensures

• Innovation is managed intelligently across the three horizons of business development, answering the needs of today while preparing for the future

• Leadership is adequately prepared to address the unique demands of an innovative culture, and need gaps are being filled

• Overall strategy is aligned with leadership, core capabilities and culture

I have over 25 years of varied industry experience spanning steel, automotive, FMCG and business consulting. My functional expertise includes operations excellence, supply chain, strategy development and execution as well as product development. These skills have been honed during a career spent at organisations such as Ford, Castrol/BP, Ashok Leyland and Jindal and in consulting organisations such as Valcon (leading consulting firm in Scandinavia), McKinsey and ECS Ltd (Now part of PwC)

During a consulting career spanning 16 years, I have led and delivered a number of transformation projects in the areas of business excellence, innovation, operations transformation, sales excellence and NPD.

As a highly skilled operations professional, I create value for my clients by helping the senior management team improve performance of the organisation through

1. Managing Innovation

2. Managing business transformation

3. Establishing a robust break through thinking environment and process

4. Aligning the organisation to customer centricity, while maintaining efficiency

Industry Credentials

Extensive experience in the following industries

1. Automotive & auto component industry

2. Consumer & industrial products

3. FMCG

4. EPC

5. Quality management across discrete & continuous process industry

Employment History

Think Horizon

Innovation Consultant And Founder

Think Horizon

April 2017 - present

Chennai, Tamil Nadu, India

I help organizations drive their growth agenda through innovation using the worlds largest innovation database and unique set of digital tools This includes 1. How to build/develop innovation strategies 2. How to develop ca ...see more

McKinsey & Company

Implementation Leader

McKinsey & Company

August 2016 - April 2017

Chennai, Tamil Nadu, India

Subject matter expert in the area of operations excellence, operations transformation, strategy and innovation domain. I was involved in business development and project execution as an engagement manager and also bring non ...see more

Valcon A/S

CEO

Valcon A/S

May 2008 - September 2016

Chennai, Tamil Nadu, India

Co-founded of Valcon A/S in India. The company operated successfully for 8 years, delivering several outstanding client engagements and results in the area of operations, markets and strategy. Lead the organization in sales a ...see more

Selected Project Experience

Project Description:
Lean transformation at an industrial goods company The organization is an industry leader and engaged us to significantly improve manufacturing operations. The goals included improving quality, costs and delivery performance. We delivered the program through implementation of Toyota Production System Over a period of 2 + years, the lead time for order to delivery was reduced by 70%. Significant reduction in quality and costs were achieved

Industry: Industrial Goods

Topic(s): Operations


Project Description:
Operations transformation at a Japanese Paint Manufacturer in India This program was led by me as the engagement leader of the consulting firm. Executed over 30 months, the program was focussed on achieving operations transformation at 4 manufacturing facilities. My role involved engaging all stakeholders, diagnosis, leading pilot implementation, designing the overall program plan and leading its execution with a team of 3 consultants. Results achieved included doubling throughput during the project duration as well as saving nearly USD 4 Mn. The program also succeeded in consistently engaging more than 90% of the employees in the improvement initiatives. NPD portfolio management in a paint manufacturer: This program was focused on improving the new product introduction capability of a leading Indo-Japanese paint manufacturer. The program involved establishing a robust NPD portfolio management process and improving the New Product Introduction process. The project delivered over 30% additional NPD capacity as a result of better screening of NPD pipeline as well significantly improved processes

Industry: Industrial Goods

Topic(s): Product Management


Project Description:

Globalization of Engineering Centre

This program was led by me as program director for streamlining their global engineering centre in India. As part of its business strategy, the organization was moving engineering work from various global centres to one centre based in India. The transformation exercise was focussed on managing the transfer of work, standardizing work content, improving the quality of execution and reducing the lead time for completing projects. My role involved engaging the leadership, building business case, designing and leading the implementation program with a team of 6 consultants over nearly 3 years.

Results achieved included transfer of all intended engineering work to India centre. A massive business advantage delivered as part of the transformation was to reduce lead time for order to engineering release from 42 weeks to 16 weeks.

Procurement Transformation

I was the program director on the project to transform the procurement operations over a period of 18 months. I led the development of business case, diagnostic study, program design and implementation with a team of 7 full time consultants.

This program delivered USD 14 Mn (spend base USD 240 Mn) cost reduction in procurement, increased supplier capacity while also rationalizing the manpower in procurement function.

Developing the Turnkey Strategy

I was the program director for developing the Turnkey execution strategy for executing EPC projects. The client intended to develop turnkey project execution capability in line with market demands, while they were predominantly only engineering and supplying products. Along with a global team of the client, we helped define the roadmap for establishing the turnkey capabilities to succeed.

The project included developing an organization structure, defining key capabilities to be built and processes for these areas, developing tools for key critical business process and developing a robust risk management process.

Industry: Material

Topic(s): Organizational Transformation


Project Description:

Innovation strategy for an IT Product company:

This program was focused on developing an innovation strategy roadmap for a IT company serving clients in the retirement space. The organization has chosen to invest heavily in product development and reduce dependence on services. The program involved assessing innovation capabilities and developing an innovation led future strategy and roadmap.

Subsequently, the client engaged me as a coach for the CEO and CTO to help them deliver the strategy. In this role I handheld both the leaders in executing the projects and build organization capabilities

The project delivered a comprehensive 3 horizon strategic vision and goals, identified key success factor, innovation priorities and roadmap for key innovation projects.

The client has doubled in size during the pandemic as a result of the strategy implementation

Industry: Technology

Topic(s): Strategy & Planning


Project Description:

Sales operation excellence at a global biotech company

The client had acquired an Indian company; however, growth was much lower than the industry growth rate. The project was initiated to get growth back to industry rates.

The client’s sales strategy and processes were evaluated and gaps were identified. Customer and channel insights and unmet needs were identified. New distribution channels were developed. Developed and implemented solutions in areas of prospecting, business maintenance, distributor management and competitor benchmarking.

Industry: Pharmaceuticals & Medical Products

Topic(s): Sales & Marketing


Project Description:

Lean transformation at an industrial goods company

The organization is an industry leader and engaged us to significantly improve manufacturing operations. The goals included improving quality, costs and delivery performance. We delivered the program through implementation of Toyota Production System

Over a period of 2 + years, the lead time for order to delivery was reduced by 70%. Significant reduction in quality and costs were achieved

Industry: Industrial Goods

Topic(s): Operations


Project Description:

Operations transformation at a Japanese Paint Manufacturer in India

This program was led by me as the engagement leader of the consulting firm. Executed over 30 months, the program was focussed on achieving operations transformation at 4 manufacturing facilities. My role involved engaging all stakeholders, diagnosis, leading pilot implementation, designing the overall program plan and leading its execution with a team of 3 consultants.

Results achieved included doubling throughput during the project duration as well as saving nearly USD 4 Mn. The program also succeeded in consistently engaging more than 90% of the employees in the improvement initiatives.

NPD portfolio management in a paint manufacturer:

This program was focused on improving the new product introduction capability of a leading Indo-Japanese paint manufacturer. The program involved establishing a robust NPD portfolio management process and improving the New Product Introduction process.

The project delivered over 30% additional NPD capacity as a result of better screening of NPD pipeline as well significantly improved processes

Industry: Industrial Goods

Topic(s): Product Management, Operations, Organizational Transformation

Education

Master's in Metallurgical Engineering

Indian Institute of Science, Bangalore

1993

Bachelor's in Metallurgical Engineering

PSG College of Technology

1989

Language Skills

Country Experience

Denmark India

Skills

Business

Manufacturing,

Growth Strategy,

Innovation Strategy,

Strategic Planning,

Operational Excellence,

Continuous Improvement,

Operation Management,

Business Unit Strategy

Corporate Strategy,

Feasability Studies,

Change & Implementation,

Transformation Management Office,

Channel Management,

Product Development,

Operation & Maintenance,

Transportation, Supply Chain, and Logistics

Procurement,

Strategic Sourcing,

Industry Experience

Automotive

Industrial Goods

Machinery and Components

Pharmaceuticals & Medical Products

Biopharma,

Medical Products & Tech

Material

Building Material,

Chemicals