Thursday, February 4, 2010

Eureka moments, now smaller, incremental and widespread

Path breaking innovations are few and getting relegated to a once in a decade phenomenon. What we see all around us are small and incremental innovations. The benefits delivered or dollars saved from these small and incremental innovations are turning out to be worth taking a note of.

Water tanks provided a quick solution to personal water storage problem, but putting wheels on it provided a solution for century old water transport challenge in remote villages of Africa.

Today, a solution for your challenge or your need, might already be getting discussed, sought, worked on - in another part of the world, in just another corner of your enterprise, or sitting idle in somebody’s mind. You need to collaborate with these sparks, which most probably are eager to collaborate with you as well. What you need is - a mechanism to connect.

In the past, innovations came out of eureka moments, then came people with fancy titles who would innovate for you, now we are back to where we started – it has become increasingly acceptable for anybody to have a solution which solves a given challenge.

Today, enterprises are adding up these small solutions, ideas and innovations rather than waiting for one big bang.

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