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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…

Andhra Pradesh CM gets positive signals from U.K. companies


Chief Minister N. Chandrababu Naidu met London Stock Exchange CEO Nikhil Rathi during his visit to London on first day. The Chief Minister held a discussion on financial district and development of world-class infrastructure in Amaravati with its representatives.
Mr. Rathi informed Mr. Naidu that more than 500 companies with a total market capitalisation of $ 2 trillion were listed on the LSE. Mr. Rathi offered to work with the State government to help raise funds for Amaravati.
During a meeting with representatives from Canary Wharf, the Chief Minister invited them to be partners in the development of Amaravati. Canary Wharf, being a major business district in the United Kingdom, he asked the delegation to adopt best practices to make Amaravati a hub of bustling financial activity. Later, the Chief Minister and his team participated in a presentation on UK smart city expertise. Greater London Authority, RICS, Aecom, Benoy, Arup, Mott MacDonald, Mace, Gleeds, Catapult, StadivArena, Vodafone, Rolls - Royce, Herbert Smith Freehills, JCB, UK Export Finance, and ARM are part of the presentation.
“We have a rare opportunity to build a world-class capital for Andhra Pradesh. I request you all to make Amaravati your second home and be part of developing our people’s capital,” the Chief Minister said.

Responding positively, delegations of the UK companies have agreed to send members to conduct studies and explore opportunities.
Earlier in the day, the Chief Minister paid tribute at Mahatma Gandhi statue in London’s Parliament Square.

Naidu and his team also participate in a presentation on
UK smart city expertise


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