Jugaad Innovation (PDF)

Jugaad Innovation

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Author by : Navi Radjou
Languange Used : en
Release Date : 2012-04-10
Publisher by : John Wiley & Sons

ISBN : 9781118249741

"Jugaad Innovation is the most comprehensive book yet to appear on the subject [of frugal innovation]." —The Economist A frugal and flexible approach to innovation for the 21st century Innovation is a key directive at companies worldwide. But in these tough times, we can't rely on the old formula that has sustained innovation efforts for decades—expensive R&D projects and highly-structured innovation processes. Jugaad Innovation argues the West must look to places like India, Brazil, and China for a new approach to frugal and flexible innovation. The authors show how in these emerging markets, jugaad (a Hindi word meaning an improvised solution born from ingenuity and cleverness) is leading to dramatic growth and how Western companies can adopt jugaad innovation to succeed in our hypercompetitive world. Outlines the six principles of jugaad innovation: Seek opportunity in adversity, do more with less, think and act flexibly, keep it simple, include the margin, and follow your heart Features twenty case studies on large corporations from around the world—Google, Facebook, 3M, Apple, Best Buy, GE, IBM, Nokia, Procter & Gamble, PepsiCo, Tata Group, and more—that are actively practicing jugaad innovation The authors blog regularly at Harvard Business Review; their work has been profiled in BusinessWeek, MIT Sloan Management Review, The Financial Times, The Economist, and more Filled with previously untold and engaging stories of resourceful jugaad innovators and entrepreneurs in emerging markets and the United States This groundbreaking book shows leaders everywhere why the time is right for jugaad to emerge as a powerful business tool in the West—and how to bring jugaad practices to their organizations....

Jugaad Innovation

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Author by : Navi Radjou
Languange Used : en
Release Date : 2012-06-18
Publisher by : Random House India

ISBN : 9788184002942

Jugaad is a word often heard in general conversation in India. Whether to find ingenious solutions to problems or turn adversity into opportunity—Indians swear by it. In this seminal book, Navi Radjou, Jaideep Prabhu, and Simone Ahuja challenge the very way a traditional organization thinks and acts. Leading companies such as Facebook, Future Group, GE, Google, PepsiCo, Philips, Renault-Nissan, Siemens, Suzlon, Tata Group, and YES BANK, among others, are already practising jugaad to generate original ideas and pioneer growth. In the midst of rising global competition and swelling R&D budgets, Jugaad Innovation presents ways to innovate, be flexible, and do more with less. Peppered with examples of innovative entrepreneurs in emerging markets such as Africa, India, China, and Brazil, Jugaad Innovation illuminates paths to engender breakthrough growth in a complex and resource-scarce world....

Jugaad Innovation

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Author by : Navi Radjou
Languange Used : en
Release Date : 2012-03-12
Publisher by : John Wiley & Sons

ISBN : 9781118283233

"Jugaad Innovation is the most comprehensive book yet to appear on the subject [of frugal innovation]." —The Economist A frugal and flexible approach to innovation for the 21st century Innovation is a key directive at companies worldwide. But in these tough times, we can't rely on the old formula that has sustained innovation efforts for decades—expensive R&D projects and highly-structured innovation processes. Jugaad Innovation argues the West must look to places like India, Brazil, and China for a new approach to frugal and flexible innovation. The authors show how in these emerging markets, jugaad (a Hindi word meaning an improvised solution born from ingenuity and cleverness) is leading to dramatic growth and how Western companies can adopt jugaad innovation to succeed in our hypercompetitive world. Outlines the six principles of jugaad innovation: Seek opportunity in adversity, do more with less, think and act flexibly, keep it simple, include the margin, and follow your heart Features twenty case studies on large corporations from around the world—Google, Facebook, 3M, Apple, Best Buy, GE, IBM, Nokia, Procter & Gamble, PepsiCo, Tata Group, and more—that are actively practicing jugaad innovation The authors blog regularly at Harvard Business Review; their work has been profiled in BusinessWeek, MIT Sloan Management Review, The Financial Times, The Economist, and more Filled with previously untold and engaging stories of resourceful jugaad innovators and entrepreneurs in emerging markets and the United States This groundbreaking book shows leaders everywhere why the time is right for jugaad to emerge as a powerful business tool in the West—and how to bring jugaad practices to their organizations....

Jugaad Innovation

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Author by : Navi Radjou
Languange Used : en
Release Date : 2012
Publisher by : Portfolio Penguin

ISBN : 818400205X

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Jugaad Innovation

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Author by : Navi Radjou
Languange Used : en
Release Date : 2017
Publisher by :

ISBN : OCLC:1088936491

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Summary Jugaad Innovation Think Frugal Be Flexible Generate Breakthrough Growth By Navi Radjou Jaideep Prabhu And Simone Ahuja

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Author by : Shortcut Edition
Languange Used : en
Release Date : 2021-05-29
Publisher by : Shortcut Edition

ISBN :

*By reading this summary, you will discover the miracle recipe that emerging countries have found to develop a simple and effective concept of innovation in a hostile environment. A concept called jugaad, whose principles are gradually being adopted by Western countries seeking a new economic breath. *You will also discover that : the jugaad is an innovative mindset that plays with complexity; the innovation system of Western companies is no longer adapted to the new economic landscape; jugaad innovation has six essential principles; it is entirely possible to integrate the principles of jugaad within Western companies. *The constraints linked to hierarchy and the R&D units set up in large groups are no longer adapted to a market that has been in recession since the 2008 crisis, in a world where austerity now reigns. This makes it difficult to find new innovation strategies for companies that are already struggling to find a serious alternative to counter the decline in purchasing power and recapture a customer base that is constantly slipping away from them. However, if they were to look at emerging countries, they would understand that this transformation of the socio-economic landscape can also be an opportunity to optimize their innovation strategies through the effective principles of jugaad, as Navi Radjou, Jaideep Prabhu and Simone Ahuja, confirmed researchers and analysts, specialists in innovation in emerging countries, are convinced....

Frugal Innovation

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Author by : Navi Radjou
Languange Used : en
Release Date : 2015-02-10
Publisher by : The Economist

ISBN : 9781610395069

Frugal innovation is a way that companies can create high-quality products with limited resources. Once the preserve of firms in poor markets, Western companies are now seeking ways to appeal to cost-conscious and environmentally-aware consumers at home. With an estimated trillion-dollar global market for frugal products, and with potentially huge cost savings to be gained, frugal innovation is revolutionizing business and reshaping management thinking. This book explains the principles, perspectives and techniques behind frugal innovation, enabling managers to profit from the great changes ahead. The book explains: How to achieve mass customization, using low-cost robotics, inexpensive product design and virtual prototyping software. How consumers and other external partners can help develop products How to implement sustainable practices, such as the production of waste-free products How to change the corporate culture to become more frugal...

Frugal Innovation

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Author by : Yasser Bhatti
Languange Used : en
Release Date : 2018-11-15
Publisher by : Cambridge University Press

ISBN : 9781107188976

In light of growing discourse on 'frugal innovation', this book offers novel approaches to innovation based on extensive empirical research. The study complements a decade of scholarly attention on frugal innovation by taking a research-based approach to innovation in resource-scarce and complex institutional contexts. The findings suggest that concepts such as frugal, reverse, jugaad, social, grassroots and inclusive innovation in fact represent heterogeneous assemblies of innovation for social, environmental and economic value. The conceptual framework invites attention to more plural sources and elements in the study of models of innovation to inspire further research in the fields of strategy, innovation, entrepreneurship, economic sociology and development studies. The design framework offers models, metrics and competencies for practitioners and policymakers to identify, evaluate and design frugal innovations. The comprehensive view of frugal innovation demonstrates how firms can implement globally competitive strategies by pursuing innovation for humanity to improve lives for everyone, everywhere....

Jugaad Time

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Author by : Amit S. Rai
Languange Used : en
Release Date : 2019-02-05
Publisher by : Duke University Press

ISBN : 9781478002543

In India, the practice of jugaad—finding workarounds or hacks to solve problems—emerged out of subaltern strategies of negotiating poverty, discrimination, and violence but is now celebrated in management literature as a disruptive innovation. In Jugaad Time Amit S. Rai explores how jugaad operates within contemporary Indian digital media cultures through the use of the mobile phone. Rai shows that despite being co-opted by capitalism to extract free creative labor from the workforce, jugaad is simultaneously a practice of everyday resistance, as workers and communities employ hacks to oppose corporate, caste, and gender power. Locating the tensions surrounding jugaad—as both premodern and postdigital, innovative and oppressive—Rai maps how jugaad can be used to undermine neoliberal capitalist media ecologies and nationalist politics....

Frugal Innovation

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Author by : Navi Radjou
Languange Used : en
Release Date : 2015-02-10
Publisher by : The Economist

ISBN : 9781610395052

Frugal innovation is a way that companies can create high-quality products with limited resources. Once the preserve of firms in poor markets, Western companies are now seeking ways to appeal to cost-conscious and environmentally-aware consumers at home. With an estimated trillion-dollar global market for frugal products, and with potentially huge cost savings to be gained, frugal innovation is revolutionizing business and reshaping management thinking. This book explains the principles, perspectives and techniques behind frugal innovation, enabling managers to profit from the great changes ahead. The book explains: How to achieve mass customization, using low-cost robotics, inexpensive product design and virtual prototyping software. How consumers and other external partners can help develop products How to implement sustainable practices, such as the production of waste-free products How to change the corporate culture to become more frugal...

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