ASE July 2025

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Scaling Innovation: Adaptability Across Ecosystems and Policy

“Data tells you where to fire it. Creativity at the same

point in time helps us understand how to get people to

act on it.”

Her role as an incubating manager further refines this interpretive skill, par­

ticularly in simplifying complex frameworks like ESG for early-stage ventures.

She practices “thought dumping,” allowing founders to express their full range

of ideas before her role asks the most uncomfortable questions that help them

simplify. “ESG, then, doesn’t need to be a 50-slide report”. These probing ques­

tions, such as “What are you measuring? Who is excluded? What happens when

you grow?”, are posed early on. This proactive simplification aims to prevent

ESG from becoming a “liability later, even at the end stage” by integrating a di­

agnostic process. Srishti argues that “it’s less about money than more about the

mindset that we have to be consciously aware of at the same time while working

with the frameworks”. She observes that the impact “would double if we don’t

just see it from a narrow perspective by skipping the whole process” of diagno­

sis, underscoring that rigorous assessment and comprehensive understanding

drive sustainable outcomes, beyond mere compliance.

Sustainable innovations face the persistent challenge of effective scaling. How

does one translate context-specific successes into broader, global impact with­

out losing critical local relevance? Srishti Chhatwal’s experience mentoring

across diverse geographies, specifically in India and Australia, yields a funda­

mental lesson. She asserts: “We don’t have to export solutions. We have to

understand the principles”. This distinction rejects a ‘copy-paste’ mentality for

innovation, advocating instead for an understanding of underlying ecological,

social, and economic principles that can be adapted to local realities.

Her insights reveal that adaptability is paramount. Srishti emphasizes, “What

works in, say, Australia might not work in... Maharashtra. It might not work the

same way unless tailored or reshaped”. This underscores the need to recognize

distinct “toolboxes” in different countries, each with unique strengths. The chal­

lenge lies not merely in possessing data management skills but in “identifying

which tool to use at the right time”, ensuring that analytical rigor serves con­

text-specific needs rather than leading one to “bark up the wrong tree” with

irrelevant data. This strategic approach demands flexibility and an unwavering

commitment to localized solutions, preventing the imposition of external mod­

els that fail due to cultural or environmental misalignment.