Instruction
In the best-selling book Jugaad Innovation, Navi Radjou and his co-authors borrow the Hindi word for improvised solutions to illustrate how organizations can hurdle stubborn challenges with quick thinking, innovative planning and entrepreneurial agility to deliver greater value to clients and consumers worldwide. Radjou believes that frugal innovation, inspired by companies in emerging markets such as India and China, is gradually being adopted in Western economies, and that it "promises to become a unifying element in North-South cooperation in an increasingly interconnected globally economy". Watch the following TedTalk by Navi Radjou:
Navi Radjou: Creative problem-solving in the face of extreme limits (click hyperlink)
Identify AND explain how at least TWO concepts discussed in this unit relate to thisTedTalk. (i.e. managing teams/a diverse workforce, designing adaptive organization, etc.).