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Your boss has made some wrong presumptions

  • Product companies always have dedicated to create innovations, so that they have an edge in the market. It all depends on the company you are in. Some companies expect all of their employees to be passionate enough to innovate (e.g. Google's 20% time). Some product companies hire guys and girls with Phd's to create ideas and give them a team to implement them. I've found up that in every company has a team where all the bright kids hang out together.

  • Service companies now have been changing their model (due to the recent recession). They now take a stake in the profit instead of service/development fees. Therefore they have to innovate or else their profit will suffer.

Sadly it kind of does matter on the country. Since you are from India, I've seen that product companies 'offshore' the boring work to India. So that they can focus on innovating. Because its cheaper and lets face it, there are very few instances of innovative 'products' coming out of India (compared to USA or japan). Probably because creativity is pretty much killed at school. The scene is changing I admit but not as fast as it should.

Also have a look that this presentation. Being passionate != wise innovation. You might just create the best product ever but no one uses it. That means a huge hole in your companiescompany's pocket. e.g Google wave, Windows CE and ahem Yahoo answers

Your boss has made some wrong presumptions

  • Product companies always have dedicated to create innovations, so that they have an edge in the market. It all depends on the company you are in. Some companies expect all of their employees to be passionate enough to innovate (e.g. Google's 20% time). Some product companies hire guys and girls with Phd's to create ideas and give them a team to implement them. I've found up that in every company has a team where all the bright kids hang out together.

  • Service companies now have been changing their model (due to the recent recession). They now take a stake in the profit instead of service/development fees. Therefore they have to innovate or else their profit will suffer.

Sadly it kind of does matter on the country. Since you are from India, I've seen that product companies 'offshore' the boring work to India. So that they can focus on innovating. Because its cheaper and lets face it, there are very few instances of innovative 'products' coming out of India (compared to USA or japan). Probably because creativity is pretty much killed at school. The scene is changing I admit but not as fast as it should.

Also have a look that this presentation. Being passionate != wise innovation. You might just create the best product ever but no one uses it. That means a huge hole in your companies pocket. e.g Google wave, Windows CE and ahem Yahoo answers

Your boss has made some wrong presumptions

  • Product companies always have dedicated to create innovations, so that they have an edge in the market. It all depends on the company you are in. Some companies expect all of their employees to be passionate enough to innovate (e.g. Google's 20% time). Some product companies hire guys and girls with Phd's to create ideas and give them a team to implement them. I've found up that in every company has a team where all the bright kids hang out together.

  • Service companies now have been changing their model (due to the recent recession). They now take a stake in the profit instead of service/development fees. Therefore they have to innovate or else their profit will suffer.

Sadly it kind of does matter on the country. Since you are from India, I've seen that product companies 'offshore' the boring work to India. So that they can focus on innovating. Because its cheaper and lets face it, there are very few instances of innovative 'products' coming out of India (compared to USA or japan). Probably because creativity is pretty much killed at school. The scene is changing I admit but not as fast as it should.

Also have a look that this presentation. Being passionate != wise innovation. You might just create the best product ever but no one uses it. That means a huge hole in your company's pocket. e.g Google wave, Windows CE and ahem Yahoo answers

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Your presumptions areboss has made some wrong. presumptions

  • Product companies always have dedicated to create innovations, so that they have an edge in the market. It all depends on the company you are in. Some companies expect all of their employees to be passionate enough to innovate (e.g. Google's 20% time). Some product companies hire guys and girls with Phd's to create ideas and give them a team to implement them. I've found up that in every company has a team where all the bright kids hang out together.

  • Service companies now have been changing their model (due to the recent recession). They now take a stake in the profit instead of service/development fees. Therefore they have to innovate or else their profit will suffer.

Sadly it kind of does matter on the country. Since you are from India, I've seen that product companies 'offshore' the boring work to India. So that they can focus on innovating. Because its cheaper and lets face it, there are very few instances of innovative 'products' coming out of India (compared to USA or japan). Probably because creativity is pretty much killed at school. The scene is changing I admit but not as fast as it should.

Also have a look that this presentation. Being passionate != wise innovation. You might just create the best product ever but no one uses it. That means a huge hole in your companies pocket. e.g Google wave, Windows CE and ahem Yahoo answers

Your presumptions are wrong.

  • Product companies always have dedicated to create innovations, so that they have an edge in the market. It all depends on the company you are in. Some companies expect all of their employees to be passionate enough to innovate (e.g. Google's 20% time). Some product companies hire guys and girls with Phd's to create ideas and give them a team to implement them. I've found up that in every company has a team where all the bright kids hang out together.

  • Service companies now have been changing their model (due to the recent recession). They now take a stake in the profit instead of service/development fees. Therefore they have to innovate or else their profit will suffer.

Sadly it kind of does matter on the country. Since you are from India, I've seen that product companies 'offshore' the boring work to India. So that they can focus on innovating. Because its cheaper and lets face it, there are very few instances of innovative 'products' coming out of India (compared to USA or japan). Probably because creativity is pretty much killed at school. The scene is changing I admit but not as fast as it should.

Also have a look that this presentation. Being passionate != wise innovation. You might just create the best product ever but no one uses it. That means a huge hole in your companies pocket. e.g Google wave, Windows CE and ahem Yahoo answers

Your boss has made some wrong presumptions

  • Product companies always have dedicated to create innovations, so that they have an edge in the market. It all depends on the company you are in. Some companies expect all of their employees to be passionate enough to innovate (e.g. Google's 20% time). Some product companies hire guys and girls with Phd's to create ideas and give them a team to implement them. I've found up that in every company has a team where all the bright kids hang out together.

  • Service companies now have been changing their model (due to the recent recession). They now take a stake in the profit instead of service/development fees. Therefore they have to innovate or else their profit will suffer.

Sadly it kind of does matter on the country. Since you are from India, I've seen that product companies 'offshore' the boring work to India. So that they can focus on innovating. Because its cheaper and lets face it, there are very few instances of innovative 'products' coming out of India (compared to USA or japan). Probably because creativity is pretty much killed at school. The scene is changing I admit but not as fast as it should.

Also have a look that this presentation. Being passionate != wise innovation. You might just create the best product ever but no one uses it. That means a huge hole in your companies pocket. e.g Google wave, Windows CE and ahem Yahoo answers

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Your presumptions are wrong.

  • Product companies always have dedicated to create innovations, so that they have an edge in the market. It all depends on the company you are in. Some companies expect all of their employees to be passionate enough to innovate (e.g. Google's 20% time). Some product companies hire guys and girls with Phd's to create ideas and give them a team to implement them. I've found up that in every company has a team where all the bright kids hang out together.

  • Service companies now have been changing their model (due to the recent recession). They now take a stake in the profit instead of service/development fees. Therefore they have to innovate or else their profit will suffer.

Sadly it kind of does matter on the country. Since you are from India, I've seen that product companies 'offshore' the boring work to India. So that they can focus on innovating. Because its cheaper and lets face it, there are very few instances of innovative 'products' coming out of India (compared to USA or japan). Probably because creativity is pretty much killed at school. The scene is changing I admit but not as fast as it should.

Also have a look that this presentation. Being passionate != wise innovation. You might just create the best product ever but no one uses it. That means a huge hole in your companies pocket. e.g Google wave, Windows CE and ahem Yahoo answers