Remembering CK Prahalad :: 1941-2010

I was re-reading some of CK’s books recently, and rediscovered his sheer genius. The ability of the man to foresee trends in global ecosystems, trade, value chains, customer re-definitions, collaborations, organisational networking etc., was unique. I consider CK as a futurist with an even more futuristic vision. His ability to take you into a new [...]

Commented on “HBR Production”

The copycat model has also worked effectively in IT services – where almost every player decided to set-up low cost bases in India, South America, Eastern Europe etc. However, the issue that I see in the IT industry is that the follower (the copycat) didn’t really do anything to innovate – he simply adopted the [...]

Business Model Changes and Collective Intelligence

In my view, Innovation in today’s accelerating world, be it in tech or non-tech, must happen at the business model level. The ability to see old things in new ways, the ability to re-think, re-work, re-use our existing assets into newer dimensions is where innovation will move into. We have gone through a 100+ years [...]

How Local is Global?

Much has been discussed and said about having a local market to spawn innovation. Industry has also said that it is exceedingly difficult for Indian companies to think, ideate, and create a globally fitting solution (and I focus my discussion here to the IT sector). The argument that industry uses is something like – you [...]

How Innovative are you?

“Companies are actually living organisms, not machines. We keep bringing in mechanics, when what we need are gardeners.” ~ Peter Senge Sustainable innovation, the endless effort to find a better way, cannot be achieved by robotically lining up best practices and imitating them. The real catalyzing agent for renewable innovation is the ground from which [...]