Innovation Culture and Mindset

A cultural change needs to drive innovation in modern organizations. Only a cultural change can propel us towards an innovation mindset. Here are a couple of interesting blogs and a video on this topic:


http://www.vijaygovindarajan.com/

http://collaboratetoinnovate.blogspot.com/

Of particular interest from the video below is Prof. Govindarajan's assertion that innovations from the emerging markets will fundamentally disrupt products in the developed markets, something that I stated in my last blog entry. I feel this is a huge opportunity for forward looking management teams. This will also pose a huge challenge for management that does not identify this as an opportunity and continues to bury its head in the sand. I have seen firsthand how the emerging markets will yield paradigms that have the power to disrupt mature business models. The writing is on the wall. Open your eyes and see it!