Thursday, September 16, 2010

Frugal Innovation/Jugaad Example # 1

Jugaad or Frugal Innovation, a way of life in India is the latest corporate buzzword (HBR, WSJ, Businesweek, The Economic Times) in the US.

Doing more for less is the new mantra for success in a stagnant recessionary economy and nowhere is the spirit of doing more for less better epitomized than by "jugaad", called by some as "art of creative improvisation", using things in a way they were not originally intended to achieve an objective.

Here's how Wikipedia defines it : ""Jugaad" is also a colloquial Hindi word that can mean an innovative fix, sometimes pejoratively used for solutions that bend rules, or a resource that can be used as such or a person who can solve a vexatious issue. It is used as much for enterprising street mechanics as for political fixers. In essence, it is a tribute to native genius, and lateral thinking."

I would like to share on my blog some of the examples of "jugaad" I come across. Please share your experiences too.

How's this for keeping your footwear safe oustide a temple or on the beach:

Updating this post to add a link to another interesting article on Jugaad from the WSJ : Jugaad on the Road to Success

Wednesday, September 8, 2010

How can your Boss kill you?

"Bosses matter,” says Stanford management professor Bob Sutton in “Why good bosses tune in to their people.” Among other things, bad ones can kill you: a study found that their subordinates had up to 40 percent more heart attacks than people who had good bosses."

Sunday, September 5, 2010

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