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Jugaad Innovation: Lessons for the West - Ideas for Leaders
Idea #152

Jugaad Innovation: Lessons for the West

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KEY CONCEPT

There are many books on to how to inspire creativity and innovation in organizations. But what do you do when there is no shortage of great ideas and the problem is not finding them, but limited capital and other budgetary barriers standing in the way of making them a reality? Give up, or consider a new, frugal approach to innovation? In this idea, the principles of Jugaad innovation are explored, offering companies a new way to innovate when budgets are tight. 


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Idea conceived

January 1, 2013

Idea posted

Jun 2013
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