I never in my wildest dream would have ever thought that the word - TopicsExpress



          

I never in my wildest dream would have ever thought that the word Jugaad would referenced by Gartner for Innovation purposes. But makes sense ... Jugaad (or Frugal) Innovation Jugaad is a Hindi term that refers to quick, inexpensive solutions to problems. Solutions generally evolve out of a lack of resources. According to Wikipedia, jugaad refers to an improvised arrangement or work-around, which has to be used because of lack of resources. Jugaad innovation turns the constraint of few resources and support systems into an innovation advantage because people develop and refine alternative and quick solutions to problems. The approach can be applied in large enterprise contexts, where teams strip away unnecessary steps and complexity and deliberately constrain themselves to innovate with few resources.
Posted on: Mon, 03 Mar 2014 20:25:43 +0000

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