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RATNESH TRIPATHI
ITC PSPD
Development
Improvement
Implementation
Evaluation
Integrated
system of
people
Energy &
material
Money &
knowledge
Info...
1. Lack of money: India spends a way too
little on research, India’s total R&D budget
is less $3 billion where as general ...
3. Lack of faith and initiatives: Indian services
firms have been upgrading old products but
not developing new lines and ...
Engineering
goods
20%
Petrolium
products
19%
Electronics
goods
3%
Other basics
chemicals
5%
Gems &
jwellary
15%
Drug,
phar...
 Employee involvement: The person doing the
actual work often has the answer to how to do it
better. As a supervisor, you...
 Networking: Your peer group organizations
provide a great opportunity to develop
creative and innovative solutions throu...
 Strategically linked corporate research:
Encourage and help Indian companies
with revenues larger than $50 million to
cr...
 Changing work cultures: Promotion of work
culture that increases innovation, but also
tries to increase the impact of in...
 Coordinate and complete value chain of
innovation:
 Raising money to pursue work
 Finding right target customers
 Ide...
Learn how to really use the tools of Industrial Engineering
Do the hard work & apply the engineering science
Demonstrate a...
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Making Indian engineering world class

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Making Indian engineering world class

  1. 1. RATNESH TRIPATHI ITC PSPD
  2. 2. Development Improvement Implementation Evaluation Integrated system of people Energy & material Money & knowledge Information & equipment
  3. 3. 1. Lack of money: India spends a way too little on research, India’s total R&D budget is less $3 billion where as general motors annual R&D budget is $10 billion 2. Not enough research : lower no. of students going for higher education. Last year we have exported $9.7 billion worth of software but it has been done by only 50,000 software engineers which is of 0.05% of population
  4. 4. 3. Lack of faith and initiatives: Indian services firms have been upgrading old products but not developing new lines and developing technology needs creation of culture that encourages risk-taking and innovation 4. Too many ideas and too little implementation: complete lack of will to put our money in different sector due to lack of fear. 5. Unreachable ideas: there are a million and half ways to improve engineering education in india, but implementation is nil.
  5. 5. Engineering goods 20% Petrolium products 19% Electronics goods 3% Other basics chemicals 5% Gems & jwellary 15% Drug, pharma & fine chemicals 5% Others 33% Major components of India’s export during year 2012-2013-April-Nov
  6. 6.  Employee involvement: The person doing the actual work often has the answer to how to do it better. As a supervisor, your job is to get that person to think creatively and to share his/her thoughts with you.  Re-Engineering: When to consider that the work process may need re-engineering:  When the organization has grown and the process no longer fits the new size  When the process was created as a reaction to a specific incident and is no longer relevant  When new technology is available to make an existing process more efficient
  7. 7.  Networking: Your peer group organizations provide a great opportunity to develop creative and innovative solutions through exchange of ideas.  Opportunities: Pursue opportunities to apply skills in both traditional & non traditional fields to address societal challenges. SCOPE LEARN CREATE PLAN IMPLEMENT DESIGN PHASE IMPLEMENTATION PHASE
  8. 8.  Strategically linked corporate research: Encourage and help Indian companies with revenues larger than $50 million to create research organizations that are strategically linked to their business products.  Exploiting university research: Which is cheap but researchers have little understanding of business ground realities and needs of businesses. Allow tie-ups of small companies with R&D.
  9. 9.  Changing work cultures: Promotion of work culture that increases innovation, but also tries to increase the impact of innovation.  Rewarding good ideas and research: Rewarding risk taking and research accomplishments at all levels can help engender path breaking work in India  Indianize institutional investments in India: There is a clearly a paucity of NGOs that can help identify grass root innovations and ease their path of success
  10. 10.  Coordinate and complete value chain of innovation:  Raising money to pursue work  Finding right target customers  Identifying most appropriate path to the market  Easy adoption
  11. 11. Learn how to really use the tools of Industrial Engineering Do the hard work & apply the engineering science Demonstrate accountability – Don’t make excuses Learn how to Lead and to create Culture– The ground work for future leaders Speak the language of Business – Money , and build confidence in your ability to deliver.

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