Article: Management author's mantra for firms: Innovate!

Chennai, Jan 13 -- A new book explodes many a management myth and cites innovation as the key to corporate success.

"The tragedy in India is that in large companies, there is no innovation. This can become a big challenge in the near future," says D.V.R. Seshadri, author of "Innovation Management - Strategies, Concepts and Tools for Growth and Profit". The co-author is Israeli Shlomo Maital.

"The book is an attempt to trigger dialogue and bring in innovation as a subject in academic institutions. (However) innovation by itself cannot bring success. The right process needs to go with it," Seshadri, an advisor to technology companies, told IANS here.

The 490-page book chronicles innovations ...

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