December 15, 2016 | By: Naseem Javed | In: Column & Opinion
Innovation at best is like watering a nice healthy plant, making it grow and blossom; however, watering without the plant is just getting the dirt wet. Nothing happens. Currently, all over the world and with more than 100 major innovation themed events yearly, complete with great photo opportunities for local and national leadership, most nations have little to show for these super expensive efforts. It seems that we talk a lot about innovation and find ourselves stuck in the suffocation of great ideas. And, suddenly the Trump nation erupts on a high note!
November 21, 2016 | By: ITU Telecom | In: News
Connectivity, collaboration, sustainability and inclusiveness were the key themes of the opening session of the high-level Leadership Summit, sponsored by TRA, UAE and moderated by Jeremy Wilks of Euronews, media partner of the Leadership Summit.
April 21, 2016 | By: Hylke Faber | In: Book Reviews, Innovation Psychology
“Before you can create, you must forget,” writes Vijay Govindarajan (VG), one of the world’s leading experts on strategy and innovation in his latest book “The Three Box Solution – A Strategy For Leading Innovation.” Why does VG say this and what can we learn from him?
September 29, 2015 | By: Professor Dominique V. Turpin | In: Enabling Factors
The future is hard to predict and a lot of “experts” regularly get it wrong. However, there are some facts so important and trends so inevitable that leaders would be ill-advised to ignore and not try to anticipate. Here are three of many future megatrends that will not necessarily determine what will happen, but will most likely have a big impact on everybody’s business in the coming years to decades.
January 11, 2013 | By: Constantinos C. Markides | In: Life Cycle Processes
Companies located in developing countries are currently serving billions of local consumers with innovative and inexpensive products. What happens when more of those companies make the leap into more developed markets?
December 12, 2012 | By: Peter Hesseldahl | In: Enabling Factors
Studying how companies in the emerging markets innovate can offer Western engineers and designers important inspiration, and challenge them to develop products that are much cheaper. Such “frugal solutions” will become increasingly important in order to stay relevant in the stagnant markets of the West – as well as for the upcoming global middle class of developing countries. This study focuses on the “jugaad” innovation of India.
February 27, 2012 | By: Mitali Sharma | In: Enabling Factors
Resourcefulness amid serious constraints is known in India as ‘Jugaad.’ In this article, Accenture’s Mitali Sharma suggests this simple concept — which gave birth to a $2,500 car, a $12 solar lamp, and a life-saving incubator made from car parts — might be the antidote to the complexity plaguing your innovation process.
February 23, 2011 | By: InnovationManagement | In: Videos
An inspirational disscussion from Professor Anil Gupta, who created the “Honey Bee Network to support grassroots innovators who are rich in knowledge, but not in resources.” In this video he shares many examples of how innovators in rural India are inventing products that are safer, more energy efficient and more affordable than other products on the market.
November 3, 2010 | By: Anuraj Gambhir | In: Organization & Culture
A mega-trend in innovation is reverse innovation. Reverse or frugal innovation describes innovations originally developed and/or adopted in the developing world which later become prominent in mature world markets. It is an interesting trend that is introducing a new perspective to innovation. It is based on the idea ‘jugaad’, which describes activity in India to adapt existing solutions using low cost technology.
July 2, 2010 | By: Gunjan Bhardwaj | In: Enabling Factors, Strategies
Before the radical shifts in technology disrupt the industry fabric, there exists a great potential to appropriate value from the market through incremental product and business model innovations. The less intense the competition, less matured the market – larger is the potential. The emerging markets of the world the BRICs (where s could stand for the plurality as well as South Africa), have long been projected as the markets to invest in.
June 9, 2010 | By: Archana Patankar | In: Strategies
In this article, Professor Archana Patankar takes an overview of innovations for environment in India, with specific focus on innovative ideas, technologies and programmes in the water and energy sector. It also brings forth the fact that environmental/green innovations are absolutely necessary to move towards the sustainable development pathways.
May 24, 2010 | By: Gunjan Bhardwaj | In: Strategies
Not so long ago, internal R&D activities were considered one of the most valuable assets a company could have. The rather “outmoded” concept of closed innovation, in contrast to open innovation, was built on self-reliance and on the principle that successful innovation required control and secrecy.
April 26, 2010 | By: Gunjan Bhardwaj | In: Strategies
Over the past few years, innovation in India as a corporate theme has constantly gained importance, becoming a prerequisite for long-term success, or maybe even survival, due to the discontinuous pace of change of the environment. Thus, innovation has now reached for some companies as a corporate priority, affecting every single aspect of an organisation.
February 16, 2010 | By: AnneMarie Munch Birch Glynn | In: Organization & Culture
Is sustainable business the missing link in alleviating poverty and boosting global trade and prosperity? If so, how should companies exploit this opportunity in practice? Louise Koch, Danish Anthropologist and Business Innovator, talks about best practice, mindsets and resources for sustainable, people-centred innovation in developing countries.