Presentation
The following is an extraction of presentations I have made at international conferences and at Rethinking Business course for MBA students at Oxford University.
Frugal Innovation
Frugal Innovation — When Doing is Less New by Yasser Bhatti is licensed under a Creative Commons Attribution 3.0 Unported License.
Based on a work at Said Business School, Oxford University.
This license lets you distribute, remix, tweak, and build upon my work, even commercially, as long as you credit the original creation.
More PowerPoint presentations from Yasser Bhatti
I have experience of technology development in the west, and in India. To me the process in the west was very frustrating: long, full of red tapes, and need to convince too many people, even those remotely connected, that you are on to the right path. I find a serious confidence deficit in the west. What good is knowledge if you are not confident? As a result, the development process is very slow, very steady and very expensive. The era of ‘slow but steady wins the race’ has long gone.
In India, even when I was in junior positions, I had more freedom to try out ‘ideas’ in real life situation. Others might have considered the steps that I took as ideas, but for me it was application of knowledge. I was not taking a risk, I was not throwing stones in the dark, I was implementing ideas that were theoretically right, I could make them practical and see the results in no time. In the west this could have taken years. That such ideas have not been implemented in the advanced economy did not bother me even once!
The idea of frugal innovation can really embrace all sorts of business processes.
Hello my name is Eduardo
First of all, congratulations for the webpage! it’s very useful. This is a very interesting topic. I was doing some research about frugal and disruptive innovation and came across with your website. I would like to know, in your point of view, what’s the difference between disruptive and frugal innovation?.
Thank you in advance.
Eduardo