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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…

Asia's Most Expensive Cities For Expats

Asia has some of the most expensive cities to live in the world for expatriates, with Hong Kong topping Mercer’s annual Cost of Living Survey this year. Asia’s financial hub overtakes Angolan capital Luanda, which consistently topped the list in recent years, owing to the weakening of the African country’s local currency, according to the consulting firm in its press release.
The survey ranks 209 cities across the world, comparing the cost of more than 200 items in each city, including housing, transport, food, clothing and entertainment. The survey is designed for companies to calculate fair allowances for expat workers.
Switzerland’s largest city, Zurich, and Singapore were third and fourth on the list, unchanged from last year’s, and Japanese capital Tokyo rose to fifth.
Half of the cities in the top 10 are in Asia. Check out the gallery to see which Asian cities are in the list.