importance of 'make in india
TRANSCRIPT
1 Good morning !
Importance of Make in India.
National Competitiveness Forum, Friday 25th September 2015, Gurgaon. © Bajaj Auto Ltd.
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of importance
2 Crime
Something is Wrong with Our Predictions.
A recent Nielsen BASES and Ernst & Young study put the failure rate of new U.S. consumer products at 95 per cent and new European consumer products at 90 per cent. We need to do better than that. We need to have a better way to predict the future.
- Al Ries, The Origin Of Brands, 2004
National Competitiveness Forum, Friday 25th September 2015, Gurgaon. © Bajaj Auto Ltd.
3 Confirmation
According to a leading market research firm, about75% of consumer packaged goods and retail productsfail to earn even $7.5 million during their first year.
Less than 3% of new consumer packaged goods exceed first-year sales of $50 million – consideredthe benchmark of a highly successful launch.
- Harvard Business Review April 2011
National Competitiveness Forum, Friday 25th September 2015, Gurgaon. © Bajaj Auto Ltd.
JIT
WORLD CLASS MANUFACTURING
KAIZEN
TQM ACTIVITY BASED COSTING
BLUE OCEAN
SIMULTANEOUS ENGINEERINGSIX SIGMA
SEVEN (NEW) HABITS
AUTOMATION & ROBOTICS
CAD/CAM
BOTTOM OF THE PYRAMIDLEAN
QFDCORE COMPETENCE
INNOVATION
DISRUPTION
Confusion 4
National Competitiveness Forum, Friday 25th September 2015, Gurgaon. © Bajaj Auto Ltd.
TOYOTA PRODUCTION SYSTEM
Different
Opposite Niche
Better
Soda 5
National Competitiveness Forum, Friday 25th September 2015, Gurgaon. © Bajaj Auto Ltd.
Level 1 : < 10% : No strategy (me-too).
Level 2 : 10-20% : Defense strategy (better).
Level 3 : 20-33% : Flanking strategy (different).
Level 4 : 33-50% : Offense strategy (opposite).
Level 5 : 50-100% : Guerilla strategy (niche).
Level 6 : > 100% : Discontinuous strategy.
Level 7 : >>> 100% : Inorganic strategy.
Sauce 6
National Competitiveness Forum, Friday 25th September 2015, Gurgaon. © Bajaj Auto Ltd.
National Competitiveness Forum, Friday 25th September 2015, Gurgaon. © Bajaj Auto Ltd.
Sensex 7
8 Thank you !
National Competitiveness Forum, Friday 25th September 2015, Gurgaon. © Bajaj Auto Ltd.
Fashion dates, but logic is timeless.
- Sir Alec Issigonis