Mr Vemuganti,
Your choice of topic for discussion is most appropriate for a country and world that is into recession for 5-6 years.
Mankind's progress is due to innovation - another way of thinking and acting that produces better outcomes than before.
When he addressed ISM, Hyderabad, the late C K Prahlad declared ('The Fall of Dominant Logic') a new formula: Innovation is Strategy'
Best wishes.
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The great aim of education is not knowledge but action. ~ Herbert Spencer
Dr Vinod Dumblekar
MANTIS
Management Simulation Games
design | development | delivery
Ph : +91.9818631280
On Tue, 29 Oct 2013 14:25:45 +0530 wrote
>Dear Colleagues & Professional Associates
What is a Technological innovation : From James watt steam engine to Bollywood
superstar Rajesh khanna"s typical mannerisms/ addaein to the latest styled Titan
watch to Andhra Swagruha foods sweets , Innovations have been responsible for
the progress & change the world has witnessed . Man has improved & enhanced his
standard of living & quality of life by ensuring a steady flow of Innovations
into the world. The aeroplane, automobile, printing press, fax, computer,
microprocessor, internet, Google search, Facebook, cloud computing - innovations
are unstoppable. Whenever an innovative idea is generated to address a market
need, there is a technology which gives it fruition & shape to satisfythe need.
So it is no longer mere innovations. The world comprises of technologies &
innovations. Today, any change , whether incremental or radical, in a product/
process/ services results in a technological innovation.
ATM, Whats App, Crowdsourcing, latest model of Samsung mobile, Pepsi drink, Bata
shoes to a new Phenol by a local SSI unit are examples of Technological
innovations. Organizations need to focus & work on TI - Technological
innovations to stay ahead of others & be well prepared for the future. It
ensures survival & growth of organizations even in recessions & downturns. How
does TI happen & what factors are responsible , Next posting,,,,
regards
Ramesh Vemuganti
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