Jugaad.. call it innovation@work !

Innovation, simply put is the systematic and methodical way of improving the way things are done. Jugaad, on the other end is about making things work! which may be chaotic and may not be sustainable. Almost, always 'jugaad' refers to a quick fix solution that would bring down the operating cost. Having said that, 'jugaad' in itself is symbolic of practical ingenuity available with us. Today this streak of excellence needs to be harvested and channelized in such a way that we are able to create effective products. Recent media reports points that inflation is at an all time high and stock market is witness to its sharpest movement down south. From a macro-economic point of view this is the right time to bring effectiveness in our system. Today we need to move from 'cheap' 'labor intensive' mode of service delivery to low cost product based approach. Note the contrast between two seemingly similar ideas.