Tag: frugal innovation
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Turning Constraints Into Innovation Opportunities
As we enter a further period of economic uncertainty we will undoubtedly see a slash and burn approach to cost reduction in many of our organisation’s. An impending crisis often triggers suboptimal decision making that tends to focus on survival and forgets about investing in the future. Talent is lost only to be re-recruited again […]
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Community Is The Most Powerful Unit Of Change
We are less pessimistic about our own lives than we are about larger units. We’re not very pessimistic about our village, we are not pessimistic about our town – but we are very pessimistic about our country, and even more pessimistic about the future of our planet. The bigger the unit you look at the […]
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Bending The Rules To Drive Frugal Innovation
The frugal innovation revolution, by making the means to innovate more widely available, has the potential to speed up the innovation process – Jaideep Prabhu Jugaad is a Hindi word that roughly means ‘solution born from cleverness.’ It’s usually applied to a low cost fix or work-around. In a culture where people often have to make do with […]