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Tag Archives: Innovation
Constructive Conflict Drives Innovation
The new workplace is an amalgamation of diversity, global timezones, multi cultural teams and disaggregated working locations. One would imagine that this would lead to innovation naturally, but counter intuitively it leads to a higher safe keeping mindset, slowing down innovation outcomes. How do organisations trigger effective collaboration and innovation in this context?
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Innovation, Business, & Enterprise: 2014 in Review
2014 has been an exciting year at Innovation Alchemy! Working on Innovation, Business and Enterprise often is. Here is a quick look at some highlights from the year, and a special thanks to our network of partners, friends and collaborators who make this journey fun!
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The Large-scale Impact of Small-scale Financing Innovation on the Healthcare in India
Healthcare is BIG business, and as costs skyrocket worldwide, many are being left behind. While current healthcare spending in India exceeds Rs. 5 lakh crore, according to estimates by Technopak Healthcare, healthcare spending in India is due to reach $323 billion in 2023. Indian’s pay on average 60% to 70% of healthcare costs out of pocket andthe insurance market is growing steadily, revenue from insurance premiums in India still only amounts to about Rs. 15,000 crore. Though healthcare costs in India pale in comparison to
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Innovating Around the Nutrition Challenge Is Not Just About Food
India is a world leader on many fronts; unfortunately malnutrition is one. “Home to one-third of the world’s undernourished children,” India has some of the highest global incidences of stunting, wasting, and underweight children. Though the country has made great strides towards improving nutrition through innovations in micro-nutrient fortification and food processing to combat hidden hunger, nutrition is a socioeconomically complex issue requiring an equally well designed solution. Research suggests that the “first 1,000 days following conception” are the most critical developmental phase, and “poor maternal
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Food for Thought: How ‘Nutrition’ Gets the Indian Innovator’s Attention
Every child fortunate enough to grow up in financial comfort has been scolded, “There are poor and starving children in the streets, now finish your dinner!” In this narrative, poverty and hunger go hand in hand, which explains the significant money spent globally on food aid. In 2012 alone, the U.S spent $1.45 billion on food aid in the developing world; a large part of which was delivered as food on the ground to developing countries. This type of food aid is based on what
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Targeting the ‘Information Inefficiency’ in Rural Healthcare Delivery
Close your eyes and imagine your last hospital visit. If your medical experiences have been anything like mine, your doctor’s office is equipped with instruments, tools, and a computer. Your medical file is stored in a digital database for easy retrieval and review, allowing your doctor to provide continuous and consistent care. Sadly though, this is far from the reality in thousands of India’s “digitally dark” villages, even despite the availability of technology. India’s IT revolution is only reaching some and this poses a significant challenge for
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