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Showing posts from May, 2004

Kacharagadla Featured Article

The Five Characteristics of Successful Innovators

There is not much agreement about what makes an idea innovative, and what makes an innovative idea valuable. For example, discussions on whether the internet is a better invention than the wheel are more likely to reveal personal preferences than logical argumentation. Likewise, experts disagree on the type and level of innovation that is most beneficial for organizations. Somestudiessuggest that radical innovation (which does sound sexy) confers sustainable competitive advantages, butothersshow that “mild” innovation – think iPhone 5 rather than the original iPhone – is generally more effective, not least because it reduces market uncertainty. There is also inconclusive evidence on whether we should pay attention to consumers’ views, with somestudiesshowing that a customer focus is detrimental for innovation because it equates to playing catch-up, butothersarguing for it. Even Henry Ford’s famous quote on the subject – “if I had asked people what they wanted, they would have said fast…

Naidu, India's leading reformer

Fifty-four-year-old N Chandrababu Naidu, who was humbled on Tuesday whenAndhra Pradesh voted him outas the state's chief minister, has been the most visible face of India's economic reforms and information technology revolution. He managed to coax global IT giants Microsoft, IBM, Dell, Computer Associates and Oracle to set up shop in Hyderabad, when India hardly featured on global IT majors' radar. Naidu made an impressive presentation before global CEOs and convinced them to invest in his state. But despite his growth-oriented policies, Naidu suffered a massive defeat at the hustings as the Andhra Pradesh voter cast his mandate in favour of the emotive issue of a separate Telengana state, which has been 'starved of development funds.' Naidu, however, won international and domestic acclaim for taking Hyderabad places, making it a major for information technology hub. He was ranked amongst most innovative reformers in India, who implemented e-governance in his state an…