Great by Choice Archives

Dark side of innovation underscores wealth creation amid loss and chaos

Dark Side of Innovation: Navigating the Painful Path to Prosperity

Innovation drives economic growth, prosperity, and improved living standards in market economies. It fuels advances in technology, revolutionizes industries, and solves pressing societal problems. However, this transformative process is far…

For avoiding the fall of innovation leaders, 10 choices to be made for recreation through self-destruction.

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Avoiding the Fall of Innovation Leaders–10 choices to remain great

Human beings’ endless tendency to get jobs done better at less cost through inventing and reinventing has been the underlying cause of the rise of new entrants and the fall…

Jobs to be done better framework begins with observation on how customers perform their jobs with empathy and passion for perfection to profitable leverage technology possibilities in offering better alternative

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Jobs to be done–driving quality of living and prosperity

As Professor Clayton says, “Somewhere between 75 and 85 percent of all new products launched into the market don’t succeed financially” because innovators lack focus on the customer’s necessity of…

Great by Choice

Great by Choice Begins with a Loss-making Alternative!

After Good to Great, Jim Collins came up with Great by Choice. Amid the uncertainty, even chaos, how companies show 10X performance is the question he attempted to answer. He…

Automobile reinvention is China's strategic move to graduate from idea importer to exporter

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Automobile Reinvention—China’s adventure to graduate from idea importer to exporter

Made in China 2025 places the automobile Reinvention agenda at the top. China began the journey of building the automobile industry by adding value out of labor and locally available…

Indians do not innovate is highly difficult to accept as India has many achievements, domestic industry, publications, space programs, and IT industry

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Indians do not innovate—what does it mean?

It’s hard to believe that Indians do not innovate. Despite having demonstrated creativity, Indians failed to scale up domestic innovations as global success stories due to a lack of a…

Failure of Russia in innovation economy is due to Russia's failure to foster profit-making competition and passion for perfection for incremental innovation

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Failure of Russia in Innovation Economy—a lesson for state intervention

Russia’s state-sponsored R&D led to path-breaking scientific discovery and technology innovations. However, Russia failed to develop an Innovation Economy out of such advancements. On the other hand, Japan succeeded in…

Developing scientific capability should focus on a bottom-up approach for creating economic value out of graduates, publications and patents

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Developing Scientific Capability—Market Driven Bottom-Up Approach

Upon exploiting natural resources and labor, aspiring developing countries have been focusing on developing scientific capability–for fueling economic growth. However progress in R&D budget allocation, graduates, publications and patents are…

Appropriate technology is inappropriate for empowering developing countries by creating flow of ideas for making better usages of labor and resources

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Appropriate Technology is Inappropriate for Uplifting Developing Countries

Our economic prosperity and quality of living standards have been progressing due to the increasing utilization of ideas. These ideas have been making better usages of labor and natural resources.…

Commercialization of Knowledge and Ideas has been Corning's success in turning a labor intensive industry into a success of invention and innovation

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Commercialization of Knowledge and Ideas—Glassmaking Story of Corning

Commercialization of knowledge and ideas has been a great challenge for finding sustained growth paths for firms and countries. Hence, some firms and also countries are spending billions in generating…

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Timing of Ideas for Systematic Ferreting

Ideas are like ferrets to extract value from the market for innovators and Startups. However, the quality of ideas alone does not determine their capability. There are at least seven…

Idea management is vital for making sure a timely supply of quality ideas at different stages for systematically ferreting out value from the market

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Idea Management in Technology Innovation

Idea management deals with the generation, selection, and supply of quality ideas for dealing with innovation challenges for systematically ferreting out value from the market out of technology ideas

Great by Choice

Dark Side of Innovation: Navigating the Painful Path to Prosperity

Avoiding the Fall of Innovation Leaders–10 choices to remain great

Jobs to be done–driving quality of living and prosperity

Great by Choice Begins with a Loss-making Alternative!

Automobile Reinvention—China’s adventure to graduate from idea importer to exporter

Indians do not innovate—what does it mean?

Failure of Russia in Innovation Economy—a lesson for state intervention

Developing Scientific Capability—Market Driven Bottom-Up Approach

Appropriate Technology is Inappropriate for Uplifting Developing Countries

Commercialization of Knowledge and Ideas—Glassmaking Story of Corning

Timing of Ideas for Systematic Ferreting

Idea Management in Technology Innovation

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