Skip to main content

Innovation: The Good and the Bad

 


Is innovation good or bad for your product ? Well, the short answer is , Yes. But the long answer is, It depends upon which characteristic of the product we are targeting for the Innovation. If we are innovating 1. To increase the stability of the Product. 2. To automate the process. 3. To reduce the turnaround time. Then yes, Innovation is good. But if we are innovating to hide the flaws of the primary product then it is very dangerous in the long run for both product and organization culture. Lets understand this with real life examples. We all pay taxes to the government and in return we expect the government to build good infrastructure for us. Be it school, roads  or hospitals. But as we all know incompetent governments fail to do so, in most of the countries, most of the time. Now some greedy genius takes advantage of the incompetence of the government and comes up with the idea of private schools, paid roads and private hospitals. Which most of the people can't afford. If that is not enough the government itself praises such practices for two reasons viz they got undue advantage and they have got a good way to cover their incompetence.  Similarly, we knowingly or unknowingly introduce new auxiliary system to our main system in the name of innovation. It is very crucial for project managers to pay keen attention to what is going in to the system in the name of innovation. If innovations are done to support any of the aforementioned reasons,  then those are most welcomed and should be encouraged. But if the innovations are done to hide the flaws of existing system and innovations turn out to be a parallel system then it's very dangerous for your primary system for two reasons; 1. You will not be able to fix the flaws of primary system. 2. And, Congratulations, you have now another(secondary) system to manage.


Comments

Post a Comment

Popular posts from this blog

Nudge : A behavioral science to adopt good Habits

  Nudge  A behavioral science to adopt good Habits In behavioral science or psychology there is an interesting concept called The Nudge Theory. This idea was first published in a book called “Nudge : Improving decisions about health, wealth and Happiness”. Wherever we go, we are constantly being nudged. By the Government, by big corporations, marketing companies to name a few and we don't even know it. So what is this nudge theory and why are we being nudged?  Well, it is used to change our behavior to adopt some good habits or influence our decisions.  This concept is very powerful if we use it for good. To adopt good habits or to make smart decisions. Lets understand it with examples. In India, there is a food delivery app named Zomato . They used this concept to reduce plastic consumption by targeting human’s lazy behavior.  So when user order a food from Zomato, they get plastic cutlery with food. Zomato calculated this cutlery consumption that is reaching ...
Post a Comment
Read more

Anchoring Bias

Anchoring Bias Anchoring bias is a cognitive bias that refers to the tendency of people to rely too heavily on the first piece of information they receive (the "anchor") when making decisions or judgments. This initial information, whether it's accurate or not, can influence subsequent decisions and lead to an inadequate adjustment away from that anchor. An illustration of historical prejudice is the debates surrounding the Treaty of Versailles, which put an end to World War I in 1919. Under the terms of the Treaty of Versailles, Germany and its allies were forced to pay expensive reparations and lose land. An essential part of the pact were the reparations Germany was required to pay to the Allies as compensation for the harm caused during the war. The anchoring bias in this context may be seen in how the Allied forces, particularly Britain and France, made the initial requests for reparations. These first requests were quite high, reflecting the enormous destruction and...
Post a Comment
Read more