1. India spends too little on research and development, with its total R&D budget less than $3 billion compared to GM's annual R&D budget of $10 billion. 2. There are not enough students pursuing higher education, and India's software exports of $9.7 billion were done by only 50,000 software engineers, just 0.05% of the population. 3. Indian services firms have been upgrading old products rather than developing new technologies due to a lack of culture that encourages risk-taking and innovation.

1. RATNESH TRIPATHI
ITC PSPD

2. Development
Improvement
Implementation
Evaluation
Integrated
system of
people
Energy &
material
Money &
knowledge
Information &
equipment

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. 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. 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.  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.  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.  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.  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.  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. 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.