A Quote by Chanda Kochhar
If you take existing ideas and make them affordable and scalable, you substantially change business models.
Quote Topics
Quote Author
Related Quotes
If you take existing ideas and make them affordable and scalable, you substantially change business models. India lacks an education system that is research- and creativity-oriented.
The reason why it is so difficult for existing firms to capitalize on disruptive innovations is that their processes and their business model that make them good at the existing business actually make them bad at competing for the disruption.
Ideas that change business models and that can make money are the most threatening, outside actual religion.
Our goal is to make sure that everyone in this country has access to affordable healthcare, including people with pre-existing conditions. So they can access affordable coverage. That is not what you have with Obamacare.
Business models change. As technology processes, business models change.
Our goal is not to assume leadership of existing institutions, but rather to render them irrelevant. We don't want to take over the state or change its policies. We want to render its laws unenforceable. We don't want to take over corporations and make them more 'socially responsible.' We want to build a counter-economy of open-source information, neighborhood garage manufacturing, permaculture, encrypted currency and mutual banks, leaving the corporations to die on the vine along with the state. We do not hope to reform the existing order. We intend to serve as its grave-diggers.
The reason why it is so difficult for existing firms to capitalize on disruptive innovations is that their processes and their business model that make them good at the existing business actually make them bad at competing for the disruption. Companies in fact are specifically organized to under-invest in disruptive innovations! This is one reason why we often suggest that companies set up separate teams or groups to commercialize disruptive innovations. When disruptive innovations have to fight with other innovations for resources, they tend to lose out.
I am more of a sponge than an inventor. I absorb ideas from every source. I take half-matured schemes for mechanical development and make them practical. I am a sort of a middleman between the long-haired and impractical inventor and the hard-headed business man who measures all things in terms of dollars and cents. My principal business is giving commercial value to the brilliant but misdirected ideas of others.
Disruption causes vast sums of money to flow from existing businesses and business models to new entrants.
The U.S. healthcare industry is undergoing radical transformation with the Affordable Care Act. Evolving thought and business models have little semblance to present mechanisms.
Do we substantially increase military spending and prepare for endless war in the middle-east, or do we make college affordable for all Americans, regardless of income. My answer: I will soon be introducing legislation that will make public colleges and universities tuition free.
Observe always that everything is the result of a change, and get used to thinking that there is nothing Nature loves so well as to change existing forms and to make new ones like them.
Who but a physicist, in the research lab or the corporation, could mix and match multiple ideas, models, technologies from different disciplines and thrive on change and new ideas...?
Everybody has ideas. The vital question is, what do you do with them? My rock musician sons shape their ideas into music. My sister takes her ideas and fashions them into poems. My brother uses his ideas to help him understand science. I take my ideas and turn them into stories.
All business models have something challenging about them, but the problem with the attention merchant business model they have is they need to keep increasing the amount of ads they deliver to people and therefore make their product worse.
If a piece requires some specific inflection, I'll record it. I take a lot of notes, and later categorize them, combining them alongside existing ideas, and eventually put a piece together.
Related Authors
Anita Roddick Quotes
English
Businesswoman
Barbara Corcoran Quotes
American
Businesswoman
Carly Fiorina Quotes
American
Businesswoman
Ginni Rometty Quotes
American
Businesswoman
Iris Apfel Quotes
American
Businesswoman
Ivanka Trump Quotes
American
Businesswoman
Jacqueline Novogratz Quotes
American
Businesswoman
Kellyanne Conway Quotes
American
Businesswoman
Marissa Mayer Quotes
American
Businesswoman
Mary Kay Ash Quotes
American
Businesswoman
Nancy Dubuc Quotes
American
Businesswoman
Rosabeth Moss Kanter Quotes
American
Businesswoman
Sallie Krawcheck Quotes
American
Businesswoman
Sheryl Sandberg Quotes
American
Businesswoman
Sophia Amoruso Quotes
American
Businesswoman
Whitney Wolfe Herd Quotes
American
Businesswoman