Discussion Forum

Embrace the edge –or perish The periphery of today’s business environment is where innovation potential is the highest. Ignore it at your peril-Business Week Edge defines and describes the borders of companies, markets, industries, geographies, intellectual disciplines and generations. Edges are powerful sources of business innovation, because they are places of potential and friction where Traditional products and practices are no Longer adequate to address unmet needs or unexploited potential.

Much thinking and experimentation and experimentation occurs on the edge. Edges tend to be risky places, though, there are no established roadmaps. Order to the extent it exists ,routinely dissolves into chaos, only to reform again in a very different pattern. Relationships form quickly on the edge, because people have less confidence in going it alone and are more inclined to seek out others to help them sort through the challenges and share the risk and opportunities created by the Edge.

Problem solving methodologies & Tools Paradigm Shift In an era where 6-Sigma control no longer guarantees competitive advantage and outsourcing and commoditization of product services & information is lowering prices – Technology & Research are critical for gaining self sufficiency in areas of National 45 Importance – Defence, Health Care, Poverty elevation and food and energy security. Measuring Innovation-METRICS Knowledge Assets – Intangible assets like Patents, Copy rights and ID. Innovation & Creativity in the Process Industry– OIL, Chemical and Food DESIGN Thinking & Innovation? RELIABILITY, DESIGN AND TRIZ Predicating failures-in systems, stock markets, financial systems WHAT AILS INDIAN RESEARCH & DEVELOPMENT? Indolent Research Number of Patents filed , New Drug Discoveries. Agricultural Production. Creation of Standards –IT, Communication, protocols . Defence Production, disease control Green Product Development Alternate energy ,Bio-Diesel, Hybrids ,Nuclear Energy .Energy Security, Co2 Capture and Storage , polymers ,smart materials ,Nanotechnology ,friction less bearings, catalyst & oil refineries, tri-biology.