10 Principles of Frugal Innovation

Here are the 10 principles of frugal innovation

Start with a problem and be sure it’s the right problem to solve. Challenge your assumptions, get creativity and get things done !

  1. Focus on available, affordable and accessible resources
  2. Find new ways to add value to existing resources
  3. Understanding the problem is important, feeling it is better
  4. If you are sure about something, challenge it
  5. Embrace constraints to generate new solutions
  6. Combine knowledge and perspectives from two or more domains
  7. Focus on responsible value creation, not extraction
  8. Identify opportunities for co-creation
  9. Strive for simplicity
  10. Test, Transform, Thrive

For more information check out www.frugal-company.com

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