Thinking is the hardest work there is, which is probably the reason why so few engage in it. Henry Ford Times are changing. Even though you have the brightest of the ideas, investors and consumers are looking at the fact that it is not about only solving the problem, but reaching the consumers. As entrepreneurs, we need to embrace the…
Category: Innovation
Is Apple losing it’s IQ?
Yesterday’s Apple event was not much awaited (let us be honest about it, at least I was not) and what apple fans are looking for is the 10th anniversary of iPhone next year. However, as with each year, we did look forward to seeing if there are any pathbreaking innovations coming out this year. The two major features which were…
Blackbox Thinking
Every flight is equipped with a Blackbox, which records all the conversations in the Cockpit and each and every instruction given to the plane. There is no debate on how this is helpful to track how the plane has been operational. Our brain is our blackbox and it records each and every instance of our life, making us what we…
Disruptive Innovation
There is a little bit of Innovation in our lives each day. We consciously strive to do something new in whatever we do. Disruptive Innovation is something we do unknowingly or many a times, we re-invent the innovation to make it easier considering the circumstances. For instance, Telephone is an innovation and Mobile phone is disruptive innovation. Car is an…
3D Printing – Future of Healthcare
This is the second post on this series of what I think will be the future of Healthcare. In the first post, I talked about Personalized Medicine. Joint replacement, Prostrate legs etc are gaining acceptance worldwide. 3D Printing definitely brings down the cost and hence more and more people can afford them. However, this is just one piece to the…
Personalized Medicine – The future of Healthcare
This is one common question which comes frequently in my conversations. What is the one big thing which will change the landscape of Healthcare in the next decade or so. With my experience, I personally feel it is going to be Personalized Medicine. Recently, I met a founder who is working on this idea at a different level. Their idea…
What book changed your life?
Fortune at the Bottom of the Pyramid I read this book way back in early 2005 and it did quite change my thought process. Even though this book focus’s on helping Organizations understand how Innovative Products work in the Emerging markets, there is a key takeaway for Social conscious people like me. The book embarks on a journey, in which…
How to Innovate (Cont.)
One of the big factor for Innovation is finding your Inspiration. Inspiration comes from anything & everything around us and it becomes very important to pay attention. Once we have the ability to see what inspires us, solutions come from unexpected corners. The inspiration for Dr. V to create a process oriented eye care centre came from watching how McDonald’s…
How to Innovate
Innovation is the buzz word. Every organization and every person on this planet is innovating right now, the very moment. Today morning as I was stationary at a traffic signal, a lady was walking with a comic book with the characters in the book moving. Correct. You read it right. When you open the book, the character printed on the…
Creating your market segment
Any idea starts with identifying the key pain point it is going to solve and which segment of the consumers will it help. Identifying the segment of consumers is more important then the execution plan for the idea itself because, execution plan changes according to your consumer. There are two ways to do it, either work with the existing segments…