Navi Radjou Explained

Navi Radjou
Birth Date:1970 8, df=yes
Birth Place:Pondicherry, India
Citizenship:France
United States
Occupation:Author, speaker, strategist

Navi Radjou (born 14 August 1970) is an Indian born scholar and an innovation and leadership advisor based in Silicon Valley. He is a Fellow of Judge Business School at the University of Cambridge and has spoken and written widely on the theme of frugal innovation.

Career

Radjou was born in India with French-American dual citizenship. He earned a diploma in technical studies (DEST) from the National Conservatory of Arts and Crafts (CNAM) in Paris, France and an MS degree in information systems from Ecole Centrale Paris. He started his career with IBM at its Toronto Software Lab and eventually served nearly ten years as Vice President and Principal Analyst at Forrester Research, a US-based technology research and consulting firm. At Forrester, he investigated how globalised innovation – with the rise of India and China as both a source and market for innovations – is driving new market structures and organizational models called "Global Innovation Networks".[1] During his tenure at Forrester, he advised senior executives around the world on technology-enabled best practices to drive collaborative innovation, global supply chain integration, and proactive customer service.

Till 2011, he served as the Executive Director of the Centre for India & Global Business at Judge Business School, University of Cambridge, where Jaideep Prabhu was the director. Radjou is a Fellow at Judge Business School and a World Economic Forum (WEF) faculty member. He is a member of WEF's Global Future Council on Innovation & Entrepreneurship.[2] For several consecutive years, he has served on the international panel of judges for The Economist’s Innovation Awards.[3] Navi also served as a judge for FastCompany's 2017 World Changing Ideas Awards.[4]

Writing

At Forrester, Radjou published more than a hundred reports on business topics related to innovation and emerging markets.[5] Based on his extensive field research in India he published in 2008 a ten-part report series titled "India: The Innovation Giant (Re)Awakens", which explores the innovative business models pioneered by large corporations and grassroots entrepreneurs in India.[6]

Radjou is co-author of Frugal Innovation[7] published worldwide by The Economist in 2015. The book explains the principles, perspectives and techniques behind frugal innovation. He is also co-author of the international best-seller Jugaad Innovation[8] (Jossey-Bass, 2012). described by The Economist as "the most comprehensive book yet to appear on the subject" of frugal innovation.[9] He is co-author of From Smart To Wise,[10] a book on next generation leadership. He is also a regular columnist on Harvard Business Review, Bloomberg Businessweek and The Wall Street Journal, and maintains a blog on HarvardBusinessReview.org.[11]

Navi's next book, Conscious Society: Reinventing How We Consume, Work, and Live (due in 2018), shows how we can all expand our awareness and tap into our abundant inner-resources—love, ingenuity, wisdom—to co-create inclusive and sustainable communities. In doing so, we can consciously steer human evolution to a better future.

Speaking

Radjou frequently acts as a keynote speaker[12] and is widely quoted in international media.[13] In 2014, Navi delivered a talk at TED Global[14] on frugal innovation, which has received over 1,5 million video views.

He is a frequent speaker to senior executive groups and has spoken on the topics of innovation and globalisation at leading conferences organised by the World Economic Forum, Council on Foreign Relations, The Conference Board, TiE (Indus Entrepreneurs), Milken Institute, Asia Society, Harvard University, and MIT.[15]

Awards and recognition

Radjou has had wide exposure in national and international media, including The Wall Street Journal, The Economist, Bloomberg Businessweek, Financial Times, Le Monde, and Nikkei Shimbun.[16] He is ranked[17] as one of the 50 most influential persons shaping innovation in France.

In 2013, he received the Thinkers50 Innovation Award — given to a management thinker who is re-shaping the way we think about and practice innovation.[18] [19] In addition, his book Jugaad Innovation was shortlisted for the 2013 Thinkers50 CK Prahalad Breakthrough Idea Award.

Named by BusinessWeek as an "expert in corporate innovation," he was also honoured by the Financial Times, which called his co-authored work on National Innovation Networks – the first-ever ranking of countries by their collaborative aptitude to integrate innovation capabilities across multiple regions – as "ambitious" and "sophisticated".[20] His latest research on "polycentric innovation" – a new approach that multinationals can use to integrate globally distributed R&D and innovation capabilities – has been featured in The Economist, The Wall Street Journal, Global Intelligence for the CIO, and Le Monde.[21] Similarly, his concept of "indovation" — the unique process by which innovations are developed in India to serve a large number of people sustainably — has been featured in The Financial Times and in several conferences organised by Asia Society.[22]

Criticism

Radjou and his co-authors’ work on jugaad (innovation) has been criticized by Indian academics and scientists such as Rishikesha Krishnan,[23] Vijay Govindarajan,[24] Anil Gupta,[25] and RA Mashelkar[26] who believe the practice of jugaad can lead only to makeshift solutions that are unsafe, unscalable, and unsustainable.

Radjou addressed this criticism in an article in Thinkers magazine arguing that jugaad isn’t intrinsically good or bad. Jugaad is a creative mindset: it is the intention (good or bad) of the person using this ingenious mindset that determines the quality of the outcome (positive or negative).[27]

Notes

External links

Notes and References

  1. Web site: Client Demand Drives Innovation Tie-ups . The Financial Express . 17 January 2015.
  2. Web site: The Future of Innovation and Entrepreneurship.
  3. Web site: Com Laude. https://web.archive.org/web/20101216014720/http://www.economistconferences.co.uk/innovation/judges2009. dead. 16 December 2010. www.economistconferences.co.uk.
  4. Web site: Announcing The Winners Of The 2017 World Changing Ideas Awards. Fast Company. Staff. 20 March 2017. Fast Company.
  5. http://www.forrester.co.uk/rb/search/results.jsp?N=0&Ntk=MainSearch&Ntx=mode+MatchAllPartial&s=1&Ntt=radjou
  6. Web site: India The Emerging Innovation Giant . PPT . Navi Radjou . Cfr.org . 17 January 2015.
  7. Web site: Frugal Innovation – How to Do More With Less. . Frugalinnovationhub.com . 17 January 2015.
  8. Web site: Jugaad Innovation – The Book – A frugal and flexible approach to innovation for the 21st century. . Jugaadinnovation.com . 17 January 2015.
  9. News: Schumpeter: Asian innovation – The Economist . The Economist . 24 March 2012 . 17 January 2015.
  10. Book: From Smart to Wise: Acting and Leading with Wisdom . 978-1118296202. Kaipa. Prasad. Radjou. Navi. 18 March 2013. John Wiley & Sons .
  11. Web site: Search – radjou/ . Hbr.org . 17 January 2015.
  12. Web site: Navi Radjou speaker Cominsights. . 29 February 2016 . https://web.archive.org/web/20160307023855/https://cominsights.com/en/speaker/navi-radjou . 7 March 2016 . dead .
  13. Web site: News. 22 November 2016. Navi Radjou.
  14. Web site: Navi Radjou: Creative problem solving in the face of extreme limits. . 12 January 2015 . TED.com . 17 January 2015.
  15. Web site: Latest news . University of Cambridge . 17 January 2015 .
  16. Web site: India's Next Global Export: Innovation . https://web.archive.org/web/20091206021632/http://www.businessweek.com/innovate/content/dec2009/id2009121_864965.htm . dead . 6 December 2009 . Reena Jana . Businessweek.com . 17 January 2015.
  17. Web site: Les 50 personnalités qui font l'innovation en France . 22 February 2016 . www.industrie-techno.com. Nouvelle . L'Usine .
  18. Web site: Distinguished Achievement Awards 2013 . Thinkers 50 . 11 November 2013 . 17 January 2015.
  19. Web site: Navi Radjou Wins 2013 Thinkers50 Innovation Award . 14 November 2013 . Gallery.mailchimp.com . 17 January 2015.
  20. Countries and companies need to band together in networks, Financial Times, 24 January 2007.
  21. Web site: I-CIO - Polycentric innovation . 5 August 2010 . dead . https://web.archive.org/web/20100725141517/http://www.i-cio.com/blog/july-2010/polycentric-innovation . 25 July 2010 .
  22. The Age of 'Indovation' Dawns, James Lamont, 14 June 2010, The Financial Times
  23. Web site: Why India needs to move beyond jugaad. Rediff.
  24. Web site: Jugaad not the answer to India's problems: Vijay Govindarajan. Business Today. 28 January 2013 .
  25. This is not Jugaad. Anil. Gupta. www.academia.edu.
  26. News: Jugaad has created the wrong image for India: Raghunath Anant Mashelkar, Veteran scientist. Rahul. Sachitanand. The Economic Times.
  27. Web site: Jugaad Innovation: Converting Adversity Into Opportunity.
  28. Web site: Navi Radjou: 'Made in India' for the 21st Century . Asia Society . 17 January 2015.
  29. Web site: Event – Transforming R&D To Win In Global Innovation Networks – PARC, a Xerox company . Parc.com . 17 January 2015 . https://web.archive.org/web/20160131143200/http://www.parc.com/event/537/transforming-rd-to-win-in-global-innovation-networks.html . 31 January 2016 . dead .
  30. Web site: Turbocharging the Franco-Indian Partnership . https://web.archive.org/web/20101026094711/http://www.businessweek.com/globalbiz/content/jul2009/gb20090715_610102.htm . dead . 26 October 2010 . Navi Radjou . Businessweek.com . 17 January 2015.
  31. Web site: Polycentric Innovation: A New Mandate for Multinationals . 5 August 2010 . https://web.archive.org/web/20100825191504/http://online.wsj.com/article/NA_WSJ_PUB:SB125774328035737917.html . 25 August 2010 .
  32. Web site: INDOvations (Complete) . Asia Society . 17 January 2015.
  33. Web site: Managing the New Trajectory of Global Innovation . Cfr.org\access-date=17 January 2015.
  34. Web site: India's decade of innovation – CJBS Insight . CJBS Insight . 16 February 2010 . 17 January 2015.
  35. Web site: Polycentric Innovation video interview - News - News & Events - Cambridge Judge Business School . 5 August 2010 . dead . https://web.archive.org/web/20110716141933/http://www.jbs.cam.ac.uk/news/items/2010/100527_polycentric.html . 16 July 2011 .
  36. Web site: Made in India, for the world . Businesstoday.intoday.in . 17 January 2015.
  37. Web site: Do Multinationals Really Understand Globalization? . https://web.archive.org/web/20100816033653/http://www.businessweek.com/globalbiz/content/aug2010/gb2010086_282527.htm . dead . 16 August 2010 . Businessweek.com . 17 January 2015.
  38. Web site: Talking about INDOvations . 3 December 2010 . dead . https://web.archive.org/web/20110826045457/http://beyondprofit.com/talking-about-indovations/ . 26 August 2011 .