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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. The result is DOST, an entry-level pick-up truck with a starting price of Rs 3.7

CEO 15
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What the Best Transformational Leaders Do

Harvard Business Review

That knowledge helped them understand how to make change happen inside an organization. Established as a separate division in 2006, AWS ultimately addressed a long-standing analyst complaint about Amazon — that its core was only barely profitable. ” Make no mistake, they have substantial relevant experience.