Home » Need of the Hour – Frost & Sullivan to focus on Blue Sky Innovation at its GIL 2013: India

Need of the Hour – Frost & Sullivan to focus on Blue Sky Innovation at its GIL 2013: India

Need of the Hour – Frost & Sullivan to focus on Blue Sky Innovation at its GIL 2013: India

Companies Need a Balanced Approach, Between Incremental and Disruptive Innovation

On October 8th, Discovering the Next BIG Thing: Leveraging Mega Trend Opportunities to Grow and Innovate – Today, Tomorrow and Beyond

Mumbai, India – September 17, 2013: As senior executives and influential thought leaders gear up to address, the challenges that lie ahead of them, they once again realize that innovation is the key to driving long-term revenue growth and developing a competitive edge.

"Blue Sky Innovation" is a methodology that complements traditional innovation practice to nurture ideas into new and breakthrough innovations. It introduces new aspects to the innovation process to incorporate varied information sources in a flexible, but structured manner.

According to Frost & Sullivan, a combination of Blue Sky research and Market-driven Innovation can lead to success in the short and medium term while building towards future breakthrough innovations; as companies need a balanced approach, between incremental and disruptive innovation.

Frost & Sullivan will introduce an interactive workshop on ‘Blue Sky Innovation’ under the aegis of its Strategy Development and Implementation program in its fifth edition of GIL 2013: India, The Global Community of Growth, Innovation and Leadership (GIL). Frost & Sullivan, in its efforts to address the most critical issues and challenges that lie ahead of India Inc., annually gathers over 150 ‘C’ Suite executives under one roof to deliberate, share their thought leadership, identify opportunities, and develop a future roadmap for themselves and their industries through GIL.

This year, GIL India’s journey will focus on "Discovering the Next BIG Thing: Leveraging Mega Trend Opportunities to Grow and Innovate – Today, Tomorrow & Beyond." at Taj Lands End, Bandra, Mumbai, India on October 8, 2013.

The focus of this workshop will be to help companies understand why they should approach innovation differently in their company; how Blue Sky Innovation process differs from traditional innovation management and how they should approach Blue Sky ideation.

Some of the questions the forum endeavours to address through its panel discussions, interactive sessions include:

  • Are we planning our strategy keeping future Mega Trends in mind?
  • Are we able to leverage global opportunities? Or are we missing them?
  • What are the policy and governance issues that need urgent attention? How soon? What indicators should policymakers heed?
  • Where are we headed in today’s quagmire of bullish trends and the falling rupee?
  • Is it time for consolidation and planning for anticipated revival?

Esteemed Panelists for the two panel discussion sessions are : Mr. Ananda Mukherjee, Managing Director and Country Head, Chemtura Chemicals India Pvt. Ltd.; Dr. Sujit Chatterjee, CEO, Dr. L.H. Hiranandani Hospitals; Mr. Sanjay Dutt, Executive Managing Director, Cushman & Wakefield; Mr. Gurpratap Boparai, President and CEO, Fiat India; Mr. Nilendu Sarkar, Vice President – Supply Chain, Personal Care (South Asia), Hindustan Unilever Ltd.; Mr. Amit Paithankar, Managing Director and Vice President, Emerson Process Management; Mr. Sanjay Dabir, Sr. Director – India Engineering, Diebold India Pvt. Ltd.; Mr. S K Das, Chief Executive & Whole Time Director, L&T MHI Turbine Generators Pvt. Ltd.

According to Aroop Zutshi, Global President and Managing Partner, "The vagaries of economy have a wide-ranging impact on nations and the current scenario is no exception to this rule. It is the awareness of and reaction to this situation that can make a decisive difference to an organization’s fortunes and business sustainability."

GIL 2013: India and the GIL Community alike, continues to be the one resource that supports critical decision making while bringing together a global network of visionaries, innovators, and leaders from industries such as Automation and Electronics, Automotive, Building Technologies, Chemicals and Materials, Energy, Healthcare, IT, and Telecom.

Regional Media Partners for GIL 2013: India, are CEO India, Smart CEO and The Smart Manager (Strategic Media Partners), and A&D India, Infrastructure Today, Power Watch India, Process India and Sustenance (Industry Media Partners).

To register or to obtain a program agenda, explore sponsorship opportunities, or to attend as a member of the media for GIL 2013: India, please contact Ravinder Kaur/Nimisha Iyer, Corporate Communications at ravinder.kaur@frost.com / niyer@frost.com. One-on-One interviews with Frost & Sullivan’s senior growth consultants can also be facilitated. For more information, visit www.gilcommunity.com

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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