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kenyan companies hav an Innovation challenge.
eboomerang
#11 Posted : Thursday, November 24, 2011 4:06:06 PM
Rank: Member

Joined: 6/27/2011
Posts: 301
Location: Nairobi
selah wrote:
... kenyan brands do not innovate and take advantage of the latest technology or opportunities to grow their business...

Good call @Selah!

In my opinion, one of the biggest problems in Kenya is the large disconnect between industry and academia. Not to mention that the education sector is arguably dis-functional beyond repair.

In the long run, a lack of home grown solutions explains why everything ends up being expensive since in one way or another it is bought from the "shelf".

Talking about innovation, have you guys seen this chap...http://www.youtube.com/watch?feature=player_embedded&v=vTDKWgaEYzw
Thiong'o
#12 Posted : Wednesday, December 07, 2011 1:08:54 PM
Rank: Member

Joined: 10/14/2011
Posts: 661
@Sasha 'Best practice is a subjective term / benchmark and trying to define such will obtain divergent opinions; my take is having a set of specific parameters that define 'Best practice’- Successes and Failures can then measured against the set parameters. To stay competitive companies need to develop own (internal) benchmarks in addition to industry benchmarks.

I agree with you that most companies’ just ‘copy paste’ successful practices across in their sectors & as noted the key is retaining competitiveness in the longterm.

I look at 'next practices' as forward looking - gaining and retaining that competitive edge over competitors and the competition (staying ahead of the competition). - It’s never easy and hence need to stay innovative.

Below article on “Next-Generation Product Development” is similar to your 'next practices' - forward looking!

http://www.strategy-busi....com/article/00076?pg=0
smallfama
#13 Posted : Saturday, December 17, 2011 9:55:31 AM
Rank: New-farer

Joined: 8/15/2010
Posts: 99
Location: nairobi
The reason Steve Jobs was able to keep Apple away from the rest of the pack was because he sought inspiration from different industries. There was one instance where he spent a lot of time in a parking lot drawing ideas from different car models that enabled him get unrivaled product designs for computing industry.
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