Frugal innovations are innovations conceived under resource constraints using ingenious solutions to wicked problems. These innovations came from citizen innovators, farmers, artisans who had to find solutions to their problems.
Today companies are faced with three major constraints:
These challenges have pushed established economies to the wall with a demand for responsible and ingenious innovation.
The economist Joseph Schumpeter coined the term “creative destruction” to explain the phenomenon of growth where new…
2 years after creating the Frugal Strategy Canvas, here is the Frugal Problem Solving Canvas to help barsintorm to come up with frugal products and services.
I used the Frugal Strategy Canvas in over 40 workshops to help companies think and brainstorm in a systemic way about frugal innovation across it’s value chain. The beauty and complexity of the tool lies in it’s simplicity. …
Full Stack Development refers to the development of not only front-end (client side) but also back-end (server side) portions of the applications.
Chris Dixon, an american tech entrepreneur first defined “Full-stack startup” as a company which develops a technology that can provide the end customer with a complete product or service which handles the entire value chain of its activity.
The “Full-stack” approach implies extending the fundamental skills of the company beyond the traditional marketing, commercial and technological skills. Frichti a french startup is a wonderful example of a fullstack startup (full article here).
French startup Frichti,which grabbed $13.4 million…
How do you get into the FLOW state? what role does the mindset, the attitude and a belief system have in getting into FLOW?
A mindset is a way of thinking; especially a habitual one while a belief is mental acceptance of a claim as likely true. And finally, an attitude is the position of the body or way of carrying oneself.
Epictetus summed up the essence of Stoicism as “following Nature”.
“Following Nature”, means accepting external events and acting fully in accord with your core values. This is similar to the Indian notion of Dharma and Svadharma (one’s duty).
The Stoic believe that emotional suffering is caused by trying to control external events that are not under our direct control. The only thing under our control are our own actions and thoughts and by mastering our thoughts and acting in accordance with our values gives us strength to surmount any problem. Thus, like the Indians the stoic come to the same…
There is an ancient African proverb which says:
“Every morning in Africa, a gazelle wakes up, it knows it must outrun the fastest lion or it will be killed. Every morning in Africa, a lion wakes up. It knows it must run faster than the slowest gazelle, or it will starve. It doesn’t matter whether you’re the lion or a gazelle-when the sun comes up, you’d better be running.”
Running, in my opinion, implies that we take responsibility and go for what we believe in. It also refers to working hard towards a brighter future. Many live from one day…
Sisu in Finnish doesn’t have a direct translation in English but refers to a mix of courage, resilience, grit and tenacity. Children grow up with this mindset and attitude and it’s the same attitude that has forged the identity of Finland.
In Finland it’s always cold! It gets cold and colder with just a few weeks where temperatures around 25 degrees centigrade.
Even in harsh conditions children go out to play not necessary with winter gear. They commonly say to kids that a bit of rain or cold won’t kill you! If you go to Helsinki Many Finns engage in…
Having lived in France for the last 10 years let me give you an example dear to the French. I’m sure you have come across the delicious and simple bread pudding also known as “the pain perdu” or the lost bread.
Originally, this French toast was a recipe for using old bread that had not been consumed. In the classic recipe for the French toast you find the common and basic ingredients: bread, milk, eggs, sugar and butter. You can imagine that during famine or war you needed to find something simple, cheap, filling and uplifting. Before the consumeristic society…
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