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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…

Gionee to announce its first 'Made in India' phone today

Gionee to announce its first 'Made in India' phone today

Gionee, the Chinese mobile phone manufacturer, is expected to announce its first 'Made in India' smartphone on Monday.
The firm will announce its product in the presence of Andhra Pradesh Chief Minister N Chandrababu Naidu. William Lu, President, Gionee and Arvind Vohra, India chief of Gionee will also be present at the event.
Gionee partnered global manufacturers Foxconn and Dixon in September to begin production in India. The company had also announced that it will invest $50 million in next three years on manufacturing in the country.
"Make in India as an initiative (announced by the Modi government) gives an opportunity to not only take Gionee as brand ahead but also to be actively able to participate in the growth of our economy through various touch points", Gionee India Country CEO and MD Arvind R Vohra had said.
Established in 2002, Gionee sells over 23 million handsets a year worldwide and ranks number 10 globally by smartphone market share.

source:- www.businesstoday.in

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