I really liked the idea of having a portfolio of research projects and innovation with reference to emerging markets. This is really true that one cannot understand the problems and challenges of less developed countries while sitting in offices in Europe or the US. A local “feel” is a must at the stage of product development.

A very mature innovation management system. The key aspects of the system are the internal coordination mechanisms for transfering new technologies, selecting ideas, and determining project roadmaps. The video does not capture the HP’s links with external ecosystems, the rationale advanced in the open innovation concept.

I did not really hear that he is using incentives, but rather that management sets the direction or vision of the future and then his people move to support this direction, at times reluctantly. Incentives can at times be counterproductive to getting the intrinsically motivated people to move and the excessive use of extrinsic motivators can kill the intrinsic motivation within people.

Inspiring model of running an R&D operation.

Enjoyed the video. I think there is a lot emerging entrepreneurs can learn from HP to help them drive innovation and growth in their companies. One item I was particularly intrigued by is HP’s effort to try to bring innovation to the issue of only 5% of India’s population having a computer. One thing came to mind when hearing that statistic is for entrepreneurs to look in their respective industries and geographies to find anomolies like the India situation and see if one’s company can bring an innovation to deal with the particular statistic to drive some growth and innovation.