Jugaad Innovation
Think Frugal, Be Flexible, Generate Breakthrough Growth
ISBN: 9781118249741
Pages: 288
Recommendation
Decentralized, nonhierarchal management has been replacing musty command-and-control management style for some time. One name for R&D’s new bottom-up approach is jugaad, a colloquial Hindi word that roughly translates as “an innovative fix; an improvised solution born from ingenuity and cleverness.” This tactic enables inventors to develop innovative products and services “faster, better and cheaper.” Professors and consultants Navi Radjou, Jaideep Prabhu and Simone Ahuja examine jugaad innovation worldwide, present inspiring case studies and explain why Western companies should supplement top-down, traditional R&D with bottom-up jugaad. getAbstract recommends this revelatory, inspiring exploration to business leaders who seek to innovate by achieving “more with less.”
Summary
About the Authors
Navi Radjou is a strategy consultant and a fellow at Judge Business School, University of Cambridge, where Jaideep Prabhu is Jawaharlal Nehru Professor of Indian Business and Enterprise. Simone Ahuja is the founder of Blood Orange, a strategy consultancy.
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