frugal innovation mahesh 17th october 2014. 2 my indology career 1985 to 1990 - exploring 1990 to...
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Frugal Innovation
Mahesh
17th October 2014
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2www.i-india.in
My Indology Career
1985 to 1990 - Exploring
1990 to 2012 - Sustainable Development
2004 - 2014 - Executive Education
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3www.i-india.in
YES !
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4www.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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What is Innovation ?
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Innovation in Business
Material
Process
Ecosystem
Material
Process
Ecosystem
Area
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7www.i-india.in
Innovation in Business
Material
Process
Ecosystem
Material
Process
Ecosystem
Product
Service
Practice
Product
Service
Practice
Area Outcome
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8www.i-india.in
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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9www.i-india.in
What is Frugal ?
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What is Frugal Innovation?
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11www.i-india.in
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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13www.i-india.in
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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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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17www.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.
![Page 18: Frugal Innovation Mahesh 17th October 2014. 2 My Indology Career 1985 to 1990 - Exploring 1990 to 2012 - Sustainable Development 2004 -](https://reader035.vdocuments.us/reader035/viewer/2022070407/56649e395503460f94b29f35/html5/thumbnails/18.jpg)
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Aligning with Inclusive Dvp.
- Cultural adaption.
- Innovation Sandbox
- Testing and Learning.
- Migration Planning
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19www.i-india.in
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