Leadership and Innovation

Companies today need leaders who know how to recognise opportunities for innovation and how to create cultures that encourage innovation. A failure to innovate could put their own survival at risk. But what is the recipe for successful innovation? This seminar will focus on the leadership, values, culture and organisational structures required for successful innovation. The two speakers, from Japan and Cambridge, will both discuss non-Western approaches to innovation. Mr Hiroyuki Itoh, CEO of CryptonFuture Media, creator of the globally popular ‘vocaloid’ Hatsune Miku, will talk about how he built an innovative consumer-generated media business against the backdrop of traditional Japanese business culture. Dr Jaideep Prabhu, co-author of the book Jugaad Innovation (Jossey Bass, 2012), will argue that the West must look to places like India, Brazil and China for a new, frugal and flexible approach to innovation. He will show how, in these emerging markets, Jugaad (a Hindi word meaning an improvised solution using limited resources) is leading to dramatic growth, and how Western companies can adopt Jugaad innovation to succeed in today’s hyper-competitive world. This is the sixth seminar in our 2012 series Leadership: People and Power in the UK and Japan.

Contributors: Hiroyuki Itoh, Dr. Jaideep Prabhu, Rosa Wilkinson (Chair)

Date: 10 October 2012, 6:00pm – 7:45pm
Venue: Daiwa Foundation Japan House, 13 – 14 Cornwall Terrace, London NW1 4QP. Nearest tube: Baker Street
Tel: 020 7486 4348
Email: office@dajf.org.uk
Web: http://www.dajf.org.uk
Organiser: The Daiwa Anglo-Japanese Foundation

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