frugal innovation mahesh 17th october 2014. 2 my indology career 1985 to 1990 - exploring 1990 to...
TRANSCRIPT
Frugal Innovation
Mahesh
17th October 2014
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My Indology Career
1985 to 1990 - Exploring
1990 to 2012 - Sustainable Development
2004 - 2014 - Executive Education
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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
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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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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