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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…

OnePlus to Start Manufacturing Smartphones in Andhra Pradesh (India)

Chinese smartphone manufacturer OnePlus announced Monday its plans for local production at theFoxconn Rising Stars factory within the Sri City Integrated Business City in the state of Andhra Pradesh by the end of 2015.
Local production of OnePlus' upcoming devices will start before end of this year at the 30,000 square feet facility, which will have a cumulative peak production capacity of 500,000 units per month, and generate direct employment for over 1,000 full-time workers, the company said, adding the first batch of locally-produced phones would be made available before the end of the year.
At a formal announcement of the event in Bengaluru, Pete Lau, Founder and CEO of OnePlus, told journalists that the move will help step up momentum for the firm in the country, and give further support to the Government's Make in India initiative.
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Pete Lau, Founder & CEO, OnePlus said, "Producing smartphones in India is one of the most important decisions that we have made so far at OnePlus, and we are thankful to the Government of Andhra Pradesh and Foxconn for helping us make this happen. India being one of our biggest markets worldwide, we are committed to a long term sustainable growth path. This move will strengthen our presence and help us step up momentum in India." 
Vikas Agarwal, General Manager - India, OnePlus said that local production will help solve supply chain-related issues, make the company's operations more efficient and make them available for sale much faster than before. He also added that the OnePlus 2 had seen over five million registrations worldwide.
AsusXiaomi, and Gionee had previously announced their plans to assemble phones at the Foxconn's Sri City facility in Andhra Pradesh.
Lau declined to answer our queries on how many OnePlus 2 units have been shipped to the world so far, and how many units were available as a part of the open sale on Amazon India on Monday, as he didn't have the information at hand. However, he said that over 15,000 units were sold in under 12 minutes.

source:- http://gadgets.ndtv.com

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