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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…

Gamesa India inks pact with Hero Future Energies

Gamesa India, a leading renewable energy company, has signed a 100 mW Wind Power Project Order with Hero Future Energies (HFE), a venture of The Hero Group that caters to providing renewable power. 

Under this contract Gamesa will supply and erect 50 units of G97-2.0 mW turbines with a tower height of 104 metres at Dhar site in Madhya Pradesh. The commissioning is scheduled for March 2016.

 Chairman and Managing Director, Gamesa India. Ramesh Kymal said, “We are happy to announce our new order win from The Hero Group. This partnership shows the trust customers have in our project capabilities and help us inch closer to the renewable energy targets set by the government which will secure the energy requirements of the country.”

Rahul Munjal, Managing Director of Hero Future Energies (HFE), commented, “Completing this and other such developments in the pipeline, our cumulative installed capacity is likely to be over 500 mW by 2016.”
 DH

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