10 hours ago
- Business
- Business Standard
India needs thousands of innovators like Suhas Patil and Anjan Bose
These are "hidden champions" of strategic research and innovation. They are worthy of emulation within Indian industry, and maybe even a Padma!
R Gopalakrishnan Mumbai
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I love low-profile builders of technology-led and 'psychological market share' businesses — hidden champions (Hermann Simon, HBS Press). Businesses and organisations should be designed for Deergha Ayush (long life), which connotes that business is a living entity. The metaphor of life appears in my 2017 book A Biography of Innovations — an idea gets 'conceived' (foetus), the idea goes through 'adaptation' (childhood), then a 'prototype' (adolescence), before emerging as a 'product' (young adulthood), which evolves with updates for continued success (maturity) over its life.
On a recent trip to the United States (US), I reconnected with two contemporaries from the