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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…

AP Chief Minister bags US India Biz Council award

Amaravati: Andhra Pradesh Chief Minister N Chandrababu Naidu has been selected for another prestigious award. 
The US India Business Council has selected the CM for award of ‘Transformative Chief Minister’ and Naidu would be receiving coveted award at second annual West Coast summit which to be held in California on May 8. The CM has been requested to deliver his massage on the occasion and CM’s office received the message towards award function. Several prominent personalities and industrialists would attend the meeting. However, the CM would also take part in the interactions after the award function.

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