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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…

Govt. to organise roadshow in Japan

Young workforce in the State a major attraction, says official:

 The State government plans to organise a road show in Japan in August-September to attract Japanese investments, according to Chief Minister N. Chandrababu Naidu. He was addressing the second day of the Collectors’ conference here on Thursday.

Though schedule has not been finalised for the road show, the government is planning to organise 3 to 4 days event to show case the investment opportunities in the State.

The Chief Minister would interact with Japan Prime Minister Shinzô Abe, officials and industry captains. Mr. Naidu got an invitation from Yosuke Takagi, State Minister of Economy, Trade and Industry of Japan, who visited the Capital region recently.
The Japanese delegation led by him visited the Capital city recently. They were “satisfied and convinced” with the development and opportunities here. The average age of workforce is about 55 in Japan compared with 28 in India. The manufacturing industry in Japan is looking for young work force. So, A.P. is their destination, said an official.

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