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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…

One Man's Plan to Build Singapore in India

It's not often a country or a state decides to found a new capital. But it's happening in southern India. Andhra Pradesh has laid the foundations for Amaravati, which the government intends to be a "smart" city to rival Singapore, Hong Kong among other great cities. Bloomberg's Haslinda Amin looks at how the ambitious project is allowing the local people to dream. 

(Source: Bloomberg)