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

Harvard Business Review

He was impressed by Indian engineers' ability to innovate cost-effectively and quickly under severe resource constraints. Western CEOs can create challenges for global R&D teams by introducing artificial constraints that foster a sense of urgency and healthy rivalry that can lead to frugal solutions. lakhs ($6,600).

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Beware the Analytics Bottleneck

Harvard Business Review

This is due to constraints like lengthy implementation processes and inflexibility to adapt as business conditions changed. Historically, new technologies from the mainframe to client server and ERP — while enabling organizations to pursue new business goals — became a bottleneck to progress. Turns out that isn’t the case today.

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article thumbnail

Beware the Analytics Bottleneck

Harvard Business Review

This is due to constraints like lengthy implementation processes and inflexibility to adapt as business conditions changed. Historically, new technologies from the mainframe to client server and ERP — while enabling organizations to pursue new business goals — became a bottleneck to progress.

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Use Jugaad to Innovate Faster, Cheaper, Better

Harvard Business Review

Jugaad is a Hindi word that loosely translates as "the gutsy art of overcoming harsh constraints by improvising an effective solution using limited resources." The experience gave us some insights into a unique approach to innovation called jugaad , which entrepreneurs and enterprises are practicing in complex emerging markets like India.

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The Authenticity Trap for Workers Who Are Not Straight, White Men

Harvard Business Review

Professionals of color, women, and LGBTs find there is a much narrower band of acceptance, and the constraints bite harder than wearing more polished outfits, getting a decent haircut, or even de-emphasizing an accent. In today’s hypercompetitive world, the organization absolutely needs you to bring your whole self to work.

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