Photos Of The Year 2012 | Fast Company

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At Fast Company, Co.Design, Co.Create, Co.Exist, and Co.Lead, a picture is worth a thousand ideas. Following that math, here are 64,000 of the best ideas from 2012.

Photos Of The Year 2012 | Fast Company.

Quite a compelling compilation!

So, I take liberty (and pleasure to preserve it for an easier reference) to reblog it here.

બિઝનેસ મોડલ ગરીબોને ફાયદો થાય એવું બનાવો – Create a business model that benefits the poor – www.divyabhaskar.co.in

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બિઝનેસ મોડલ ગરીબોને ફાયદો થાય એવું બનાવો – Create a business model that benefits the poor – www.divyabhaskar.co.in.

Not long ago Dr.C K Prahlad used to passionately advocate the concept of ‘Bottom of the Pyramid’ and had explicitly established that given the right business model, this consumer segment had far more  untapped potential – both, in terms of profitability and  the market size.

He also used to establish that so-called ‘poor’ nations in fact did not suffer because of paucity of resources. They suffered because they are not utilizing their resources efficiently and effectively. This calls for invoking the instincts of innovation, inherently available in every human being but generally remaining very dormant.

Not many years ago, when there was hardly any presence of private enterprise – generally presumed to be efficient and innovative – many of the products and services of the public sector in the fields of education, health care, TV, Radio etc. were exemplary.

However, surprisingly the advent of private  sector in these fields in last 20 years seem to have deteriorated the performance and standards of performance. This is considered to be the most adverse comment on the free-market orientation of deployment of resources. The free-market mindset seems to be highly pliable to path of least resistance. The practitioners of free-market orientation need to read Robert Frost’s poem – The Uncharted Road.

in fact, reaching out the bottom of pyramid , the so-called “Aam Aadmi”, is the Challenge of 21st Century, as evidenced by Occupy Wall Street movement and the likes.

What incentives the young professionals of 21st Century need to take up this challenge?

National Innovation Foundation pavilion @ SATTVIK 2011

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We visited Sattvik2011, 9th Traditional Food Festival, organized by SRISTI  – Society for Research and Initiatives for Sustainable Technologies and Institutions – at I I M, Ahmedabad campus.

Apart from well-managed food show, the samples of ‘small’ innovations on display at NIF pavilion were simply unimaginable. It was heartening to not that NIF, under the stewardship of Prof. Anil Gupta,  I I M A , have undertaken a mammoth task of discovering such innovations, promoting them for full-scale commercialization and documenting the whole process.

In a country like India, such initiatives themselves require huge scale up to be more visible to all stakeholders. This should be of great help in tackling the major potential problem of providing livelihood opportunities to burgeoning youth constituency of future India.

In fact,  the model of capital-intensive, rather than labor intensive ,automation has come up with major structural flaws, as succinctly analyzed in the article
When Your Replacement’s Name Is HAL on http://thedx.druckerinstitute.com/.
Prof. Anil Gupta and his team deserve tonnes of congratulations for their work, which best can be done by done by helping out, directly or indirectly, to the best of each of the professional  citizens of India to the best of their capabilities.