Innovation and economy

A high level of innovation translates into a low cost economy.

Sunday, 9 July 2017

Innovation Ecosystem

Innovation incubation in Israel. Incubators have been giving risk free loans to start ups to the tune of 600000 USD. If the start up fails, they do not have to pay back the loan. If they succeed they pay back 3% per annum royalty.
Failure on the path of innovation is not penalized in Israel.


Sunday, 5 February 2017

Innovation in solar cells by Tesla

Tesla has finalized an agreement with Panasonic to begin the manufacturing of new solar cells.  With double the energy of the first generation battery, these high-efficiency solar cells can power an average two-bedroom home for a full day.  "This will change the energy world forever.", Elon Musk.

Friday, 2 December 2016

Customer centricity drives innovation

A shift in organizational culture and systems from ,"Organization centric" to,"Customer centric" has the potential of triggering innovations not only in product or service but also in the entire system for delivering value to the customer as well as innovation in all elements of the organizational system with which the customer interacts thereby triggering not only product or service innovation but also innovation in organizational operational and communication systems.
Thus customer centricity creates a whole new perspective in relation to organizational and systems design.








Innovation in HR

Recently conducted a training program on,"Innovation in HR".Prima -facie it seems that innovation is inapplicable to HR.However after applying innovation tools and the innovation development process to HR,it becomes evident that innovations in HR are as big game changers as product and process innovations.Innovation in HR standard and staid HR concepts such as leave can bring about q transformation of the concept from a welfare concept and system into a motivational concept and system.

Sunday, 27 November 2016

Tuesday, 1 November 2016

Tesla roof

Tesla roof is the disruptive innovation of the decade in the field of energy.What an opportunity?
Energy companies which do not adapt to this innovation are bound to be affected.