Remove 2006 Remove 2011 Remove Hypercompetition Remove Market Segmentation
article thumbnail

Frugal Innovation: Lessons from Carlos Ghosn, CEO, Renault-Nissan

Harvard Business Review

Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, famously coined the term "frugal engineering" in 2006. Since its launch in September 2011, DOST has garnered more than a third of India's hypercompetitive light commercial vehicles market. And they did it. lakhs ($6,600).

CEO 15