Download and customize hundreds of business templates for free
The success of the Nano car could have significant implications for the future of the automotive industry. It demonstrates the potential of international collaboration in producing cost-effective and affordable innovations. This could lead to more partnerships between countries, each contributing their unique expertise to create quality, affordable vehicles. It also shows that there is a market for such vehicles, which could encourage more companies to pursue similar projects.
Question was asked on:
Tata Motors of India is an example of how collaboration created an affordable innovation that fills a real need. The car company worked with other countries like Germany, Italy, Japan, and the United States to create a $2,000 Nano car. Each country contributed cost-effective components that reflected their particular area of expertise. The result of this collaborative effort is a quality-built, more affordable car.
Asked on the following book summary:
Innovation is more than creativity; it is a process that is structured, with rules and best practices. This summary gives you some of the key takeaway...
Download and customize hundreds of business templates for free
Stay ahead of the curve and introduce new strategies, structures, culture, and capabilities to your team with our Innovation Management presentation. This deck includes techniques and frameworks that can help you nurture game-changing concepts into realistic practices.
Without adequate innovation, you risk falling behind in even what you do well. So how can an organization ensure its business transformation endeavors pushes the right boundaries and bring in the desired ROI? Our Innovation and Transformation deck highlights tools to ideate and carry out innovations the right way, including innovation ambition matrix, the Kubler-Ross Change Model curve, SCAMPER Mind Map, Maturity Assessment Scoreboards, and many more.
How do you unparse complex problems with a clear and logical mind? With the right frameworks and mental models, you can confidently guide any organization or client through periods of change. Our Consulting Frameworks for Innovation deck reviews problem-solving models that foster not only creative ideas but also structured thinking. From Minto’s Pyramid Principle, to Blue Ocean Strategy, Accelerating Diffusion of Innovation, McKinsey’s Three Horizons, SIPOC New Product Introduction Process, and more, these battle-tested tools have been used to solve some of the complicated issues in the business world.
Why do so many perfectly managed companies fail? Inspired by the seminal work of author Clayton Christensen, this deck provides the solutions to the “innovator’s dilemma” that can make or break your upcoming initiatives.