Saturday, November 26, 2011

mumbai

"Jugaad" is a pecular Indian resorce that the world raves about- our creativity that managers to overcome or work around any constraints! Jugaad is not a negative trait to be used to invent short to success through corrupt or illegal means. Jugaad is a very a very promising quality, haieled by management experts as one the reasons for India`s rapid economic growth. Jugaad has found its way to Wikipedia, where it is described as "an improvised arrangemnt or workaround, which has to be used because of lac of resources, "India has invented several several l0w cast implements that inspire managemet gurus across the world, such as the $800 elecrocardiogram, the $24 water filter, the $2,500 car, etc. The Android tablet computer produced by India, Aakash, is yet another example of Indian jugaad that the world is raving about! While West uses expensive R&D and instruments to innovate, creative and immaginative innovation in India happens at the grassroots level. Anil Ambani once said Relaince succeeded through innovation, not invention... No wonder then, in a recent survey, 81 percent of Indian business named jugaad as the key reason for their success. ref: Times News Network Best Wishes Sunder Thadani http://tiny.cc/dhzol

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