frugal innovation mahesh 17th october 2014. 2 my indology career 1985 to 1990 - exploring 1990 to...

Frugal Innovation

Mahesh

17th October 2014

2www.i-india.in

My Indology Career

1985 to 1990 - Exploring

1990 to 2012 - Sustainable Development

2004 - 2014 - Executive Education

3www.i-india.in

YES !

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Frugal Innovation3 discussion points for this evening

1. Understanding Frugal Innovation

2. How does it help a MNC’s.

3. What are they doing in India.

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What is Innovation ?

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Innovation in Business

Material

Process

Ecosystem

Material

Process

Ecosystem

Area

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Innovation in Business

Material

Process

Ecosystem

Material

Process

Ecosystem

Product

Service

Practice

Product

Service

Practice

Area Outcome

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Innovation in Business

Material

Process

Ecosystem

Material

Process

Ecosystem

Product

Service

Practice

Product

Service

Practice

Income

Expense

Liquidity

Income

Expense

Liquidity

Area Outcome Result

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What is Frugal ?

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What is Frugal Innovation?

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Innovation in Business

Material

Process

Ecosystem

Material

Process

Ecosystem

Product

Service

Practice

Product

Service

Practice

Income

Expense

Liquidity

Income

Expense

Liquidity

Area Outcome Result

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How is it different from Innovation?

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Innovation in Business

Material

Process

Ecosystem

Material

Process

Ecosystem

Product

Service

Practice

Product

Service

Practice

Income

Expense

Liquidity

Income

Expense

Liquidity

Area Outcome Result

14www.i-india.in

Frugal Innovation3 discussion points for this evening

1. Understanding Frugal Innovation

2. How does it help a MNC’s.

3. What are they doing in India.

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MNC Organisation ?

- Origin and Development

- Business, Size & Global Reach

- Structure and Behaviour

- Growth Challenge

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MNC Environment ?

- Consumer Population

- Shifts in Demand structure

- Non Consumer opportunities

- Frugal Innovation Challenges

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Frugal Innovation3 discussion points for this evening

1. Understanding Frugal Innovation

2. How does it help a MNC’s.

3. What are they doing in India.

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Aligning with Inclusive Dvp.

- Cultural adaption.

- Innovation Sandbox

- Testing and Learning.

- Migration Planning

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India Advantage ? - Mega Market

- Source for talents

- Base for frugal innovation

- Success Stories

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Todays Landscape for ID

Low

Low

High

High

Social Mind

Business Mind

MNC

Local Companies

NGO

Politicians

Government

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Effort and Purpose

Low

Low

High

High

Social Mind

Business Mind

MNCLocal

Companies

NGO

PoliticiansGovernment

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Questions ?

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Thanks