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8 steps to innovation: going from jugaad to excellence by Rishikesha T.Krishnan| Vinay Dabholkar

8 steps to innovation: going from jugaad to excellence by Rishikesha T.Krishnan| Vinay Dabholkar

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Book Summary:
8 Steps to Innovation: Going from Jugaad to Excellence by Rishikesha T. Krishnan and Vinay Dabholkar is a practical guide for organizations aiming to move beyond “jugaad” (quick, frugal fixes) to build systematic and sustainable innovation capabilities. The authors outline eight clear steps that companies can follow to create a culture of innovation—ranging from setting a clear innovation strategy and fostering leadership commitment to building processes, encouraging collaboration, and learning from failures. Drawing on real-world examples from Indian businesses and global firms, the book shows how structured innovation can lead to consistent growth and competitive advantage. It emphasizes that while jugaad is useful for quick solutions, long-term success requires disciplined thinking, strong systems, and continuous improvement.

About the Authors:
Rishikesha T. Krishnan is a respected academic and former director of the Indian Institute of Management Bangalore, known for his work in innovation management and corporate strategy. Vinay Dabholkar is an experienced innovation practitioner and consultant who has worked with organizations to design and implement innovation systems. Together, they combine academic insight with practical industry experience, offering a balanced perspective on how companies—especially in emerging markets like India—can build structured, high-quality innovation practices.

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