Presenter:         


Navi Radjou, coauthor of the bestselling Jugaad Innovation; USA

Title: FRUGAL INNOVATION: Collaborating To Innovate Faster, Better, Cheaper
Day/Date: Thursday, July 11, 2013
Time: 9:00 am - 10:00 am
Location:  Columbia 5-8
Session Type: Featured Speaker 
Description: To win in today's fast-paced and hyper-competitive business environment, companies must learn to collaborate and partner extensively to innovate cost-effectively and sustainably under severe resource constraints. In this engaging presentation, Navi will unveil a groundbreaking business paradigm: Frugal Innovation. Frugal innovation is the ability to actively engage internal and external partners to “do more with less”: that is, to co-create significantly more business and social value for the entire ecosystem while minimizing use of increasingly limited resources. Thousands of inventive firms in resource-constrained emerging markets like India, China, Africa, and Brazil apply frugal innovation techniques to co-develop with partners affordable and sustainable solutions that deliver more value to customers at lower cost. These innovators extensively leverage public, private, and non-profit partnerships throughout the entire product development cycle. In this keynote, Navi will vividly describe how frugal innovation is practiced today by leading firms worldwide, and show how you can apply new collaborative tools, techniques and mindset to deeply engage partners to address the needs of cost-conscious and eco-aware consumers worldwide. Navi is coauthor of critically-acclaimed Jugaad Innovation, which the Economist calls "the most comprehensive book yet to appear on the subject" of frugal innovation.
Audience: General
Track:  Collaboration
Biography:

Navi Radjou is an independent thought leader and strategy consultant based inSilicon Valley. He is an internationally-recognized voice of business innovation and leadership. 

Navi is a Fellow atJudgeBusinessSchool,UniversityofCambridge, and a faculty member of the World Economic Forum (WEF). He is a member of WEF’s Global Agenda Council on Design Innovation and a columnist on Harvard Business Review. 

Navi has consulted with leading international organizations—including Ernst & Young, GM,Hitachi, IBM, Marks & Spencer, Microsoft, Procter & Gamble, SAP, Sprint, and TCS—on innovation and leadership strategies. 

Most recently, Navi served as the Executive Director of the Centre for India & Global Business atCambridge JudgeBusinessSchool. Previously, Navi was a longtime VP/analyst at Forrester Research inBostonandSan Franciscoadvising senior executives worldwide on breakthrough growth strategies. 

Navi is a sought-after speaker by the World Economic Forum, Council on Foreign Relations, The Conference Board,HarvardUniversity, and Asia Society. A prolific writer, Navi has coined and popularized several business concepts such as ‘Global Innovation Networks’, ‘Polycentric Innovation’ and ‘Jugaad Innovation’. Navi has been featured in The Wall Street Journal, Bloomberg Businessweek, CNN, The Economist, The Financial Times, and I-CIO. 

Navi is the co-author of Jugaad Innovation: Think Frugal, Be Flexible, Generate Breakthrough Growth (Jossey-Bass, 2012), which The Economist calls “the most comprehensive book yet to appear on the subject” of frugal innovation. Navi is also coauthor of  From Smart to Wise, a book on next-generation leadership (Jossey-Bass, 2013). 

An Indian-born French national, Navi earned his MS degree in information systems from Ecole Centrale Paris, and also attended the Yale School of Management. Navi lives inPalo Alto,California.

Key Words: Sustainability, Collaboration