Innovation

Last week, I had some time off to read a couple of papers. This time, I took to papers from Strategy+Business. I liked the kind of topics they cover and I was hooked on when I saw a paper from C.K.Prahalad. I had wanted to read his books, but quality time to read a book that needs a lot of thinking was well off my agenda, atleast now!

I grabbed the paper on 'The Innovation Sandbox' and there was a lot of zen in that. Strewn with examples of how lost cost innovation mattered, he was once again getting to the point of where innovation really made sense to make a fortune at the bottom of the pyramid. Quoting the results from Jaifpur Foot, Narayana Hrudayala & Aravind Hospitals, he had given a new world on innovation and entrepreneurship that is coming along targetting at the people at the bottom of the pyramid. Even Tata's new concept of $20 hotels was discussed and it seems that all these really make up a great new world of innovation. The world is Flat - but it might be more better than being a flat. The World might be tilting towards business aimed at the pyramid concept.

This was the same thing being disussed by Netcore CEO, Rajesh Jain, in his interview with K@W. Here he states that the new mobile business in India is aimed at people who have the "mobile only" rather than the "mobile first" or "PC first" segment - makes sense.

I also had some time to go through the paper "Innovators without borders" paper - seems there will a flat world, but flat from a bird's eye, but it will not be flat when it comes to reality - atleast when you see software and IT being concentrated in India, engineering being concentrated in Germany and research being held up in US. - can we really call this flat?