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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…

Apple Watch to hit Indian market on November 6

Tech giant Apple will finally launch its smartwatch 'Apple Watch' in India on November 6. It announced the decision on its website without disclosing the pricing. 

The smartwatch was launched in few countries including the US, France, Japan, and the UK in April this year and has been rolled out to other geographies in a phased manner. 

Launched in three variants (Apple Watch Sport, Apple Watch and Apple Watch Edition) and two sizes (38 mm and 42 mm), the Apple Watch is priced between $349 (over Rs. 23,000) to a whopping $17,000 (about Rs. 11 lakh) for the gold model. 
Recently, Apple had partnered luxury brand Herm for a new edition priced $1,100 (about Rs. 71,300) onwards. Reports suggest the Cupertino-based firm is already looking at introducing the second edition of the device by middle of next year. 

Notably, Apple Watch is the first new product category to be launched under Cook, who took over the reins of the company after Steve Jobs stepped down. 

This is also the first new device category since 2010, when Apple entered the tablet market with its iPad. 

Apple Watch delivers up to 18-hour battery life and has digital face that can look like a traditional time piece. It allows users to make and receive calls, read e-mails, control music, manage Instagram photos and keep track of fitness using the smartwatch.