Traveling ticketless by train in India is not uncommon. In fact, traveling so in local trains is a matter of pride and adventure for many. After all, the likelihood of getting caught is low. Even so, some time ago, an insurance scheme was launched – surreptitiously one presumes – for ticketless travelers. By paying a small monthly premium, if caught, the penalty for ticketless travel would be paid by the insurer and the traveler was free to continue his/her travel (ticketless, presumably).
When innovation is brought up in a business context, we mostly think about, well, the business. We think of innovations related to products, business models, go-to-market strategies and the like. This blog does a great job of identifying and promoting specific strategies and tactics for accelerating and maximizing innovation through those and other business-specific contexts.
Just came across this beautiful article and couldn't resist to share with you all, find the original article here
Nothing like putting your heart and soul into innovation, and then getting this:
In the Spartan foyer of Eugene M. Lang's midtown Manhattan office hang half a dozen framed 19th century patents for what seem to be rather mundane inventions, e.g., Edward West's "machine for cutting and heading nails,' 1802, and Anthony Dolittle's process for improving "the art of distilling the meal of maise, or Indian corn,' 1829.