Preview

Innovation Report for Bajaj

Powerful Essays
Open Document
Open Document
4444 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Innovation Report for Bajaj
1. A critical review of its overall business strategy. (15%)
Introduction of the company
The group was founded in 1926, from the height of the British independent movement in India has a glorious history.
Bajaj Group is one of the top 10 commercial establishments in India. Its footprint across a wide range of industry sectors, including automobiles (two-wheelers and three-wheelers). The Group's flagship company, Bajaj Auto, is listed as the world's fourth largest two-and three-wheeled motorcycle manufacturer Bajaj brand is well-known in several countries of Latin America, Africa, Middle East, South Asia and Southeast Asia. http://www.bajajauto.com/bajaj_corporate.asp * Company profile, (vision ,mission, brief history)
Vision and Mission Statement
Bajaj line of, vision and mission statement they defined its brand essence and brand value. The corporate brand is the visual expression of their own thoughts and actions convey their intent to continue to inspire confidence. The essence of their brand, the brand is the soul of the enterprise. They are doing their own brand value, its value learning, innovation, perfection, speed and transparency.

Value
Learning
Learning is to how Bajaj ensure positive. This is a value; it contains a knowledge platform for building a moderately prosperous notice, reasonable and decisive action.
Innovation
Innovation is how Bajaj creating the future. This is a value, triggering significant beyond the pursuit of more than ordinary.
Perfect
Perfection
Perfect is how Bajaj Jishu Li new standard. This is a value to show our determination, Excel, and efforts to establish a new benchmark, all the time.
Speed
Speed how Bajaj convey the clear conviction. This is a value; significant response reflects our commitment to our goals and process.
Transparency
Transparency is how Bajaj characteristics. It is a value worth through the credibility of integrity, trust sensitivity and loyalty through interdependence.

You May Also Find These Documents Helpful

  • Good Essays

    ATC 14-1 (Pg. 686)

    • 420 Words
    • 2 Pages

    They were losing much less money on their net income but the main point is they were still losing a lot of money. With the cash flow they were also decreasing every year that they were operating. Also looking at the data they were not able to pay any of the debt that they owed until 2008.…

    • 420 Words
    • 2 Pages
    Good Essays
  • Good Essays

    QHT1 task 3

    • 492 Words
    • 2 Pages

    Innovation is the opportunity to create something from nothing or to expand a current idea into a better idea. Innovation can only take place when a company and its workers allow for the opportunity to create new ideas or theories. This is important in the business world in order to keep up with the times.…

    • 492 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Ritz Carlton

    • 550 Words
    • 3 Pages

    company.” (P. 245, 2011) It is for this reason that quality means a great deal to management, and the proper benchmarking and employee training is always being measured.…

    • 550 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    A company’s brand is the way a customer perceives them, people tend to do business with companies they are familiar with. If your branding is consistent and easy to recognise, it can help people feel more at ease purchasing your products or services.…

    • 313 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    The most severe form of punishment of all legal sentences is that of death. This is referred to as the death penalty, or capital punishment; this is the most severe form of corporal punishment, requiring law enforcement officers to actually kill the offenders. It has been banned in numerous countries, in the United States, however an earlier move to eliminate capital punishment has now been reserved and more and more states are resorting to capital punishment for such serious offenders namely murder. "Lex talionis," mentioned by the Bible encourages "An eye for an eye, a tooth for a tooth" mentality, and people have been using it regularly for centuries. We use it in reference to burglary, adultery, and various other situations, although, some people enforce it on a different level, some people use it in reference to death. An individual may steal from those who have stolen from him, or an individual wrongs those who have wronged him, but should an individual have the right to kill to seek retaliation? Four issues are on the hot topic in the United States, stirring up America's feeling towards this issue. There is controversy debating capital punishment today and whether or not it works, or if it is morally right. We have a certain privilege in our own lives, but should the lives of others belong to us as well? Do we have the right to decide on the lives of others; of people we may not even know? If we find someone guilty of murder, we sentence him to death. This makes us murders ourselves, but is there possibility in justifying these acts? Those who assist in the death penalty; are they not partners in crime? Is death penalty a cruel and unusual punishment or is it now just a necessary tool in the war on crime?…

    • 2731 Words
    • 11 Pages
    Better Essays
  • Powerful Essays

    They’re presence in India for nearly 200 years, which was known as British Raj, displays the efforts of the people of India revolting and sparking a revolution…

    • 1822 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Innovation is defined as the lifeblood of our global economy and a strategic priority for virtually every CEO around the world (Dyer, Gregersen & Christensen, 2011). Innovation is important to the functioning of the society and business at large. Everyone can become an Innovator once they have knowledge and the necessary skills needed to identify…

    • 1562 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Innovation remains a remarkable experience that challenges individuals to reflect outside the box. It helps in our personal and professional lives when responding to change. There are numerous innovative processes. For example: the five discovery skills, design thinking, the blue ocean strategy, job mapping and the two routes to resilience to name a few. The ability of creating innovation can happen with the sacrifice of time. An individual must have the willingness to think and re-think ways to bring around improvements in order for success to prevail.…

    • 1337 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Drucker (1985) defines innovation as the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or service. It is capable of being presented as a discipline, being learned and being practised.( Lowe and Marriott, 2006).BP has given much importance for innovation which is depicted from their new products and implication of technologies and investment in R & D. They seek operational excellence in all sectors of their production and promotion. Their innovation management is having good foundation with experts in position and every level of operations. Today it is the capability of a firm to change and bring innovations, that decides the success of firms. BP knows that the success of firm is not merely focused on how they plan ideas, but how they implement them successfully. They plans and announces their projects and the space it creates in thinking capacity and anticipation of the markets makes the launch a successful one (Trott, 2008). They understand the demands of consumers and market and…

    • 3073 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Bajaj Pulsar Market Study

    • 3865 Words
    • 16 Pages

    Bajaj was known for Bajaj Scooters “Hamara Bajaj” Kawasaki Bajaj failed to make a mark. No success in the motorcycle segment whereHero-Hondawas the undisputed leader…

    • 3865 Words
    • 16 Pages
    Good Essays
  • Powerful Essays

    This chapter discusses the company background highlighting the operational review of the company to include its company ownership and rates after year round of successful operation.…

    • 5944 Words
    • 24 Pages
    Powerful Essays
  • Good Essays

    body representing the sovereign people of India. Before the birth of freedom, we have endured…

    • 755 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    End Term QP MC PGP18

    • 408 Words
    • 18 Pages

    INDIAN INSTITUTE OF MANAGEMENT KOZHIKODE Post Graduate Programme in Management End-­‐TERM EXAMINATION Course Title Duration Maximum marks Term & Year Managerial Communication (MC) 3 hrs. 30 I -2014, PGP18 (Only for Section A, B, and C) Instructions…

    • 408 Words
    • 18 Pages
    Satisfactory Essays
  • Satisfactory Essays

    * Which fields are to be looked at like Human Rights Code, Contractor Policies, Employee Management, Trainings etc…

    • 370 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Annual Report of Bajaj

    • 48346 Words
    • 194 Pages

    Board of Directors Management Team Chairman’s Letter Management Discussion and Analysis Corporate Governance General Shareholder Information Directors’ Report Report on Corporate Social Responsibility Standalone Financial Statements Consolidated Financial Statements 02 04 08 11 30 42 50 62 71 127…

    • 48346 Words
    • 194 Pages
    Powerful Essays