Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Wipro 17thoct 2008

3,374 views

Published on

  • Be the first to comment

  • Be the first to like this

Wipro 17thoct 2008

  1. 1. APPLYING THOUGHT…. WIPRO <br />WIPRO AND INNOVATION<br />WIPRO<br />
  2. 2. Objectives of the Case…<br /><ul><li>To study the innovation process and strategies at Wipro
  3. 3. To determine the benefits that Wipro derived from the innovation process</li></li></ul><li>About the Founder:<br />Hasham Premji <br />Azim Premji<br />About Wipro:<br />Global Service provider<br />Wipro’s Business values<br /><ul><li> process excellence
  4. 4. quality frameworks
  5. 5. service delivery innovation.</li></ul>“INNOVATION IS WIPRO - WIPRO IS INNOVATION”<br />Why is innovation important at Wipro?<br />Gain acceptance in the global market <br />Differentiate itself from the rest of the companies<br />Azim H. PremjiChairman, Wipro .<br />
  6. 6. DIVERSIFICATION<br />1947 - Vegetable Ghee & Soap<br />1975 – Hydraulic cylinders and Pneumatic cylinders<br />1980 – IT Business<br />1991 – Lighting & Baby Care Products<br />
  7. 7. SUBSIDIARIES<br /><ul><li>Wipro Fluid Power
  8. 8. Wipro Consumer Care & Lighting
  9. 9. Wipro InfoTech
  10. 10. Wipro Technologies
  11. 11. Wipro GE Medical Systems Ltd.
  12. 12. Wipro Health Science
  13. 13. Wipro e-peripherals</li></li></ul><li> CERTIFICATIONS OF WIPRO<br />Six Sigma Certification<br />CMM Level 5 Certification<br />PCMM Level 5 Certification<br />TL9000 Certification <br />
  14. 14. INNOVATION IN WIPRO<br />Approach by Wipro <br /><ul><li>Theme - Fast forward into the future
  15. 15. Line extension projects – Newer practice areas within divisions
  16. 16. Breakthrough projects – Newer business areas </li></ul>The Process<br /><ul><li>Every idea needs to go through an evaluation gate process
  17. 17. Innovation council decides the </li></ul>movement through the gates <br />
  18. 18. INNOVATION@WIPRO: TECHNOLOGY & BEYOND<br />Innovation Focus<br />
  19. 19. STRATEGY OF INNOVATION<br /> Quantum<br /> Catch Up Game Changer <br />Reactive<br /> Problem Solving And fixes New Solutions<br /> Incremental<br /> Proactive<br />
  20. 20. Business Excellence-<br />Advantage-Stakeholder<br />Advantage-Customer<br />Satisfy Our<br />Promise Statement<br /> to Customer<br />Create Own &<br />Exploit Intellectual<br />Properties<br />Tight Coupling of<br />Initiative to Business<br />Needs for Ensuring <br />Top Management<br />Exciting Rewards <br />& Recognition<br />INNOVATION <br />CLOCK<br />Top Management<br />Focus and <br />Tolerance for<br />Mistakes<br />Creation of<br />Innovation<br />Framework<br />Sharp Focus<br />Through<br />Identification of<br />Themes<br />Adherence Top<br />Gate Process<br />Reviews<br />Idea Generation/<br />Idea Capture<br />Mechanism<br />Resource<br />Commitment-<br />Dedicated Full Time <br />Resource<br />Customer<br />Validation of <br />Ideas<br />
  21. 21. INNOVATION THEMES<br /><ul><li>Home Networking
  22. 22. Content Commerce
  23. 23. Collaboration & Knowledge Management
  24. 24. Wireless</li></li></ul><li>GATEWAYS FOR EVALUATION<br />Set up of INNOVATION COUNCIL (IC)<br />Five levels of screening-Gateways For Evaluation.<br />Idea gate<br />Evaluation gate<br />Commitment gate<br />Development gate<br />Volume gate<br />Gate 5<br />Part of Business<br />Gate 4<br />Customer Pilot<br />Gate 3<br />Investments<br />Gate 2<br />Business Plan<br />Gate1<br />Idea Evaluation<br />Gate 0<br />Idea generation<br />26 ideas<br />8 ideas<br />8 projects<br />8 ideas<br />480 ideas<br />40 ideas<br />
  25. 25. GESTATION PERIOD<br />Total time for an idea to be commercialized - 18 months<br />0-6 months- evaluation from all angles<br />6-12 months -allocating funds and resources.<br />12-18 months- commercialization<br />
  26. 26. THE ROLE OF MANAGEMENT <br />INTRANET<br />INNOVATIVE TEAMS<br />WORKSHOPS<br />
  27. 27. THE ROLE OF MANAGEMENT<br />TECHFORUM<br />INNOVATION CENTER<br />RESEARCH AND DEVELOPMENT CENTERS<br />
  28. 28. FUTURE PERSPECTIVES<br /><ul><li>Achieve goal of being one of the top 10 IT company.
  29. 29. Enter into consultancy services.</li></li></ul><li>INNOVATE PRODUCTS …<br /><ul><li>Home gate way software.
  30. 30. Flow- brix.
  31. 31. I- desk.</li></li></ul><li>Where Wipro Stands Today !<br />Innovation projects on across Business Units. <br />More than 50 CoE.<br />500 dedicated people working in projects.<br />Innovation Initiative has contributed to 5% of Wipro’s revenues in 2005-06<br />Awards won in 2005-06<br />
  32. 32. BENEFITS DERIVED FROM INNOVATION<br />Top IT player<br />Benefits due to automation<br />Enhanced customer service<br />Knowledge management<br />Collaboration with external environments<br />Early embracing of new technology<br />Acceptance in global market<br />
  33. 33. BENEFITS DERIVED FROM INNOVATION<br />Financial gains<br />Good revenue streams<br />Improved service levels<br />Framework for idea generation<br />Innovation Council and Centre of Excellence<br />Increased employees’ competencies<br />Streamlined processes<br />
  34. 34. CASE SUMMARY… <br />Applying thought<br />Diversification<br />Innovation process<br />Role of management<br />Innovative products<br />Future prospects<br />
  35. 35. Presented By:- Group 1 MBA(HR) 1st year<br />

×