Navi Radjou at SPJIMR: Frugal innovation for a sustainable tomorrow
January 14, 2025During his enlightening visit to our campus, SPJIMR was honoured to welcome Navi Radjou, a world-renowned academic, best-selling author, and thought leader. Radjou explored the concepts of frugal economy, purposeful leadership, and wise innovation in an insightful conversation with Dean Varun Nagaraj. Together, they looked at how India might lead the world’s shift to inclusive and sustainable growth.
Radjou, co-author of the international bestseller ‘Jugaad Innovation’, shared transformative ideas from his latest book, ‘The Frugal Economy: Building a Better World with Less’. His lecture introduced participants to the three foundational pillars driving the frugal economy:
- B2B sharing: Share everything, waste nothing
- Distributed manufacturing: ‘Scaling out’ manufacturing to maximise sustainable local impact
- Triple regeneration: Regenerating people, places and the planet
Through real-world examples and practical insights, Radjou inspired participants to harness India’s ingenuity for creating resource-efficient solutions that address pressing global challenges. His message urged participants to question conventional growth models and adopt innovative approaches that prioritise sustainability and inclusivity.
Radjou’s pioneering work has already inspired businesses worldwide to achieve more with less. His conversation with Dean Nagaraj and his lecture to students encouraged them to align innovation with purpose, paving the way for a brighter, frugal future.
Let’s embrace frugal innovation to build a better tomorrow!
