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The CEO's Frugal Innovation Agenda

Harvard Business Review

Frugal innovation is the ability to innovate cost-effectively and sustainably under severe resource constraints. In one instance, Siemens' engineers in India — working closely with their German colleagues — developed a Fetal Heart Monitor that uses inexpensive microphone technology rather than the costlier ultrasound technology.

CEO 15
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NewTV Is the Antithesis of a Lean Startup. Can It Work?

Harvard Business Review

But as Carlota Perez has so aptly described, all new technology industries go through an eruption and frenzy phase, followed by a crash, and then a golden age and maturity. Then the cycle repeats with a new set of technologies. Every startup is in a race against time. It has to find product-market fit before running out of cash.

IPO 8
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article thumbnail

The CEO's Frugal Innovation Agenda

Harvard Business Review

Frugal innovation is the ability to innovate cost-effectively and sustainably under severe resource constraints. In one instance, Siemens' engineers in India — working closely with their German colleagues — developed a Fetal Heart Monitor that uses inexpensive microphone technology rather than the costlier ultrasound technology.

CEO 8
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What It Takes to Become a Great Product Manager

Harvard Business Review

Managing tight deadlines, revenue targets, market demands, prioritization conflicts, and resource constraints all at once is not for the faint of heart. Pro: Breakthrough technology can offer customers things they didn’t even know they needed. Engineering Drives Product: More technically-oriented product companies (e.g.,