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sylvestter
04-08-2011, 10:46 AM
i've always thought that trinis are very creative people, who generally posess a high degree of ingenuity.

but apparently we are NOT an innovative society.

http://guardian.co.tt/business-guardian/2011/04/07/tt-s-not-innovative-society


T&T is not that innovative in the application of our technologies or the availability of great consumer experiences.

And that has to do with mindset, he explained. For while T&T has an entrepreneurial mindset, it’s really about the propensity of the T&T population to take risk, stated Carrillo.

“We are quite a risk-averse country. We feel uncomfortable with uncertainty and we like clarity. You can see the size and frequency and the amount of magazines and newspapers in the country and know that it is amazing the amount of information we generate for such a small population. The other is that life is sweet in Trinidad. The GDP per capita for T&T among developing countries in the Americas is the second highest after Chile. We are ahead of most of Latin America. So apparently, there is no need for innovation. Most persons think there is no need to have their own business, they just need a job. There has not been a real crisis, to bring innovation. “Need is not the mother of invention, it is desperation. I think this country needs to understand that, at some point in time, the economic structure might not hold for future generations. So we are living in a silent crisis, but we still have the opportunity to create a better future. If I have to pick one reason it is because we do not have users, shoppers and consumers that demand great products and services, we settle for less.

i see that the arthur lok jak business school wants to introduce an international masters of business development and innovation to help to address the problem. http://www.imbdi.com

i'm actually thinking of doing it.

are we or are we not an innovative society? discuss.

miktay
04-08-2011, 11:05 AM
i've always thought that trinis are very creative people, who generally posess a high degree of ingenuity.

but apparently we are NOT an innovative society.

http://guardian.co.tt/business-guardian/2011/04/07/tt-s-not-innovative-society



i see that the arthur lok jak business school wants to introduce an international masters of business development and innovation to help to address the problem. http://www.imbdi.com

i'm actually thinking of doing it.

are we or are we not an innovative society? discuss.

What exactly is innovation?

sylvestter
04-08-2011, 11:46 AM
What exactly is innovation?i would say practical r&d to bring products to market...

Wayne
04-08-2011, 03:32 PM
the arthur lok jak business school wants to introduce an international masters of business development and innovation to help to address the problem................whom is to gain from this?..........the ALJ School?

miktay
04-08-2011, 05:32 PM
i would say practical r&d to bring products to market...

How do u measure this?

sylvestter
04-09-2011, 10:25 AM
How do u measure this?precisely my question!

sylvestter
04-09-2011, 10:25 AM
the arthur lok jak business school wants to introduce an international masters of business development and innovation to help to address the problem................whom is to gain from this?..........the ALJ School?actually i thought the courses looked pretty good!

Sirius
04-09-2011, 10:47 AM
I would tend to agree. I've also been looking at that MBA as well...looks interesting

greall
04-09-2011, 01:03 PM
I would tend to agree. I've also been looking at that MBA as well...looks interesting

I started mines last year and misery likes company... :)

Solachica
04-09-2011, 02:09 PM
Wht are benefits of mba?

Sirius
04-09-2011, 03:42 PM
@sola Depends on what you're looking for. Get a better/higher paying job, gain the experience had from pursuing post-graduate studies...for me I'm more interested in the experience and the subject areas covered...it can go a ways in where I want to be in future.

@greall Are you doing that very programme? How is it?

greall
04-09-2011, 04:45 PM
@ Sirius:Generic MBA...not one of those with the bells and whistles...

Greg

Redman
04-09-2011, 06:05 PM
That statement in itself isnt innovative-dais old news.

While Im not in any way an authority on innovation-and besides the fact that the guy selling his program-cuz at GSB theyre in the business of selling classes I will take a stab at this.

Innovation is starved by too many people holding too many concepts,companies and people as rule of thumb or sacred cows.Innovation is nurtured by people who ask WHY or WHY NOT-and then pursue the answer,challenging and usurping the status quo. In all sectors we are dominated by those that have dominated for 50 years-even political parties are run by the old boys network. And they are only interested in keeping themselves there.
Given that we are a small market in all senses we are also denied the room to incubate small businesses -the petri dish for new ideas etc.

So you will hardly find the space to be dynamic or creative-I have seen this in the financial and energy sectors. Im living it in the downstream energy sector

Our educational system is archaic, almost total learn by rote. So how will our children not only learn how to arrive at the right answers but really ask the right questions?


Later

greall
04-10-2011, 05:56 AM
Thinking outside of the box can get you fired or socially ostracized here in TT...

It reminds me of a discussion yesterday with an older relative:he doesn't trust Internet banking or any type of non-human customer service point.He rather wait for hours to see someone while keeping his day back by the wait time so that he can see someone but he can carry out the same transaction at an ATM or online.

Unfortunately,he represents the decision-makers in TT despite what others may think.His age group runs the country so we what happens to someone who brings a totally new idea to the fore...

Small business in TT is destined to be glorified distribution and sales channels for established local and foreign companies so we see the problem when there's an issue with the supply chain be it inflationary pressures at the production site [most times,NOT in TT] or traffic congestion from the port.

As I told my relative yesterday:'There's always going to be risk in ths life but how you manage it is the key...'

Greg

mammadon
04-10-2011, 12:01 PM
I'd say no. i doubt Trinidad's productivity is very high.

Solachica
04-10-2011, 12:38 PM
Yup the dinosaurs keeping things back bcos dem large and in charge :-/

mammadon
04-12-2011, 11:06 PM
i would say practical r&d to bring products to market...

but is there the environment for that? is there enough to encourage R&D and new product development?