Posts Tagged ‘Costs’

“India’s Next Global Export: Innovation”

Posted by Joe Cannon

New products are important, but in these hard times many firms have cut new product development budgets.  Now many firms are learning jugaad - and Indian approach to new product development that focuses on innovation at low costs.  See “India’s Next Global Export: Innovation“” (BusinessWeek, December 2, 2009).  This might help with discussions of NPD or in control and cost management.