Wednesday, August 17, 2011

What is so special about innovators ..??

The other day I was reading the latest issue of The Economist a write up on Innovation titled "Think Different" by Christensen.

Some of the habits which I found noteworthy and listed as five habits of DISRUPTIVE INNOVATORS found listed there were :

1. Associating : it related to the fact that innovators excel in connecting seemingly unconnected things. Naukri.com was an innovation which related job search and job enquiries through the medium of the Internet, eliminating middlemen and saving time and money.

2. Questioning : relates to asking why things aren't done differently. What would happen if a process is done in a different way, how it will affect the system and other products and processes and so on.

3, Observing : Innovators are good observers, they silently take in all the points and lessons, observe the environment, other production processes, how competitors carry out similar functions. They carry out the necessary processing in their minds which result in generation of new innovative ideas.

4. Networking : Innovators have good networking, they hang around places where ideas are generated, like trade shows, exhibitions, seminars, develop networking with effective people, which exposes them to ideas.

5. Experimenting : Innovators fiddle with products, ideas and business models. They discuss with their close confidantes, do road shows and the like to learn how the ideas are practical. Mark Zuckerburg developed Facebook as an experiment over Myspace correcting the normal drawbacks and mistakes. Facebook now is the most popular social networking site with the most subscribers for any Internet service, 750 million .

http://www.economist.com/node/21525350

ge..

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