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REVERSE INNOVATION
Building Innovation Capacity in Emerging Markets : For Developed Markets
-- Dr. Gary Oster
The business model, labeled `glocalization' wherein multinational corporations
develop products in first world countries and then produce and distribute them
worldwide, has proven to be unsustainable. Multinational corporations are now pursuing
`reverse innovation,' whereby products are developed in the individual markets and then
ultimately scaled globally. While this model may succeed, it also indicates that time has come
for national companies to engage in successful innovation and meet the needs of their local
and regional markets without external ownership or direction.
© 2010 Dr. Gary Oster. All Rights Reserved.
REVERSE INNOVATION
What Dilutes the Innovation Party?: Case of Japan
-- Dr. Jay Rajasekera
Call it reverse innovation or bottom of the pyramid, but it sure represents the symptoms
of Western and Japanese companies' confusion on how to tackle the realities of innovation
in the globalization age. When the developed economies suffered while emerging markets
were growing, Western and Japanese companies realized that they carried innovation in the
wrong direction. Can they go back? What are the challenges they face?
© 2010 Dr. Jay Rajasekera. All Rights Reserved.
REVERSE INNOVATION
Climbing the Ladder of Retail Innovation for
Emerging Consumers : Insights from Latin America
-- Guillermo D'Andrea, Andrés Terech , and Luciana Silvestri
Emerging consumers want and need it all. Some Latin American retailers have
created innovative and attractive shopping experiences that successfully and profitably moved
these consumers from resignation to access in both a functional and an emotional way.
Different roads may be used to cater to these vast needs, as proves our study of several retailers
using a holistic, industry-specific approach brings out.
© 2010 Guillermo D'Andrea, Andrés Terech & Luciana Silvestri. All Rights Reserved.
REVERSE INNOVATION
Four Step Process to Implement African Leadership: An Empirical Evaluation
-- Prof. Kurt April and Neville Ephraim
This article details the process of establishing a method for the implementation of
African modes of leadership within an organization. African leadership precepts are
defined, followed by a brief explanation of the methodology for the research.
© 2010 Prof. Kurt April & Neville Ephraim. All Rights Reserved.
REVERSE INNOVATION
The Quest for Excellence in Bifocal Leadership : Exploiting the Power of Multistage Idea Workout
-- Kai-Alexander Schlevogt
The new discipline of `multistage idea workout' constitutes an important part of
Innovation Honeymoon™ management. Through intensive workout sessions, organizational
torch-bearers can excel in bifocal leadership, acquiring the ability to see the big picture while paying
close attention to crucial details. In the first step, they need to parse shortlisted proposals
precisely and comprehensively. This entails placing the ideas on a `strategic winnowing sieve'
after having scored them on an `innovation honeymoon board'.
© 2010 Kai Alexander Schlevogt. All Rights Reserved.
REVERSE INNOVATION
Can becoming a manager be dangerous to your health? : Is suicide the new occupational
hazard?
-- Prof. Simon L Dolan and Scott Moodie
This article argues that executives often fail to see that they do not have the resources
to properly deal with and manage stress, and they themselves generate and cause an
unduly amount of stress on their subordinates. This article is a `wake up call'. It argues that
dramatic changes are needed on two fronts _ to incorporate the skills for managing stress into
the executive inventory, and to alert executives about the need to identify and prevent stress,
for otherwise we will face a new growing pandemic in the workplace.
© 2010 Prof. Simon L Dolan, Scott Moodie. All Rights Reserved.
REVERSE INNOVATION
What do Safety Bucks Really do? : Foster Toxic Work Relations
-- Catherine Langlois
So-called `Safety Bucks' schemes attempt to reduce worker injury claims by offering
cash rewards to the work force when weeks pass without injury. But safety
bucks can turn the decision to claim injury into a game theoretic problem pitting workers on the factory
floor against each other. What management sees as a way to reduce frivolous injury claims may
be a bet on toxic relations in the workplace.
© 2010 Catherine Langlois. All Rights Reserved.
PERSPECTIVE
The Moral of the Moment : A Perfect Time for Reverse Innovation Economics
-- Rob Jolles
© 2010 Rob Jolles. All Rights Reserved.
PERSPECTIVE
Courageous Followership or Reverse Leadership : A Critical Component of Risk Management and Innovation
-- Ira Chaleff
© 2010 Ira Chaleff. All Rights Reserved.
LEADERSHIP
Doing `Wrong' Righter! : Bane of Leaders
-- GRK Murty
Ackoff's management epigrams, such as—all of our problems arise out of doing the
wrong thing right, rather than the right thing wrong—have everlasting relevance for leaders to
be successful.
INTERVIEW
While reverse innovation is critical, glocalization will continue to be important going
forward.
-- Vijay Govindarajan
The interview was conducted by
Dr. Nagendra V
Chowdary,
Consulting Editor, Effective Executive
Dean, IBSCDC, www.ibscdc.org
INTERVIEW
The global economy was enjoying the fruits of American profligacy and hence should
have expected to pay some of the price..
-- Lord Meghnad Jagdishchandra Desai
The interview was conducted by
Dr. Nagendra V
Chowdary,
Consulting Editor, Effective Executive
Dean, IBSCDC, www.ibscdc.org
INTERVIEW
A key lesson is the need for global regulations of financial institutions, both banks and
non-banks.
-- David Conklin
The interview was conducted by
Dr. Nagendra V
Chowdary,
Consulting Editor, Effective Executive
Dean, IBSCDC, www.ibscdc.org
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