INNOVATION STRATEGY _________________ OCTOBER 2010 ------------------------------------------------- TABLE OF CONTENTS 1. EXECUTIVE SUMMARY3 2. TATA NANO: LESSONS FROM AN INNOVATOR4 History of Tata Motors4 The Indian Automotive Industry 5 The Origin of the Nano 7 Tata’s Unique Business Model 8 Activities at Tata Motors 11 Effects on India’s Ecology and Economy 12 Risk of Imitation 13 Sustaining Competitive Advantage 13 3. REFERENCES16 4. EXHIBIT 117 1. -------------------------------------------------
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Both Hyundai and Kia rely on exports for much of their sales. Consequently‚ the companies are highly vulnerable to changes in exchange rates. When the South Korean currency‚ the won‚ rises relative to the U.S. dollar‚ cars sold in the United States are recorded at a lower price when translated back into won. This of course hurts Hyundai’s and Kia’s profits‚ and forces the two companies to sell more units just to stay even. Both Hyundai and Kia announced plans to expand production in the United
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1. FINANCIAL PERFORMANCE ANALYSIS 1.1 Introduction Finance is the life i.e. blood of business. It is rightly termed as the science o f money. Finance is very essential for the smooth of the business. According to Wheeler‚ “Finance is that business activity which is concerned with the organization and conversation of capital funds in meeting financial needs and overall objectives of a business enterprise”. Financial management is that management activity which is concerned with the planning
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Hyundai-motor-company-report PART 1: HYUNDAI MOTOR COMPANY REPORT Business Description Products and Brand: Hyundai Motor Company (hereafter‚ HMC) formed in 1967‚ was a part of the South Korean Chaebol - the Hyundai Group. In the last four decades‚ HMC managed to establish itself as a most prominent automaker producing reliable‚ technically sound and stylish automobiles and commercial vehicles. Headquartered in Seoul‚ South Korea‚ HMC opened a new chapter in the history of the
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The Globalization of Hyundai Introduction Since its launch in 1967‚ Hyundai Motor Company(HMC) has led the automobile industry in Korea. In 1976 HMC produced its first original model‚ the Pony (with over 90 percent of parts sources locally)‚ using a low-lost approach(around US$2‚000). The successful development of this model resulted in HMC becoming the top car maker in Korea its market share rose sharply from 19 percent in 1970‚ to 58 percent in 1977. With the rapid expansion of its mass production
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Definition of ‘Strategic’ Involved or being a part of consciously developed future planning by using design to achieve the organisation’s aim through visual‚ functional and conceptual integration of design to create its appropriate external and internal identities‚ products and service offerings and missions. HyundaiCard (HC)‚ a Korean credit card company Even though HC was late for coming into credit card industries‚ they made a remarkable growth by design management integrating brand identity
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Alberto A. Cayco 20061140327 MG11A-Business Policy TTH 9:00-10:30 TYK 219 Case Study: Hyundai Group I. SWOT Analysis Strengths 1. One of the principal engines of the Korean economic miracle in the past two decades. 2. The Hyundai Group makes a wide range of products- ships‚ bridges‚ cars‚ cement‚ steel‚ chemicals‚ and oil drilling platforms‚ microchips‚ sneakers‚ pipes‚ furniture‚ and locomotive
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they innovate Magdalena Krön MSIN7013: Innovation Management (Word count: 1321) Abstract This essay is a discussion around Google’s innovative strategies looking at the innovation process‚ business model and the infrastructure they have built in order to test and deliver innovative products to their users. Table of Contents Introduction 3 1. Brief background of Google 3 2. Why are Google Innovators? 4 2.1 Google’s Strategy of Innovation 4 2.2 Optimising Use of Technologies and
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companies‚ which share a corporate headquarters in Seoul‚ South Korea‚ but market their products separately in the U.S.‚ have been buoyed by their ability to build well-designed‚ affordable and fuel-efficient vehicles that consumers want to buy. (Hyundai Motor owns about 39% of Kia Motors. Together they form the world’s fifth-largest automaker.) When value of the dollars is strong: In the international market today‚ the supply and demand for currencies and the resulting relative values of currencies
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needed. I express my thanks to our principle Mrs. RUMA RAO for extending her support. My deep sense of gratitude to MR.G.NAGARAJAN‚ CUSTOMER CARE MANAGER‚ KUN UNTIED HYUNDAI support and guidance. Thanks and appreciation to the help people at KUSHIAGUDA KUN UNITED HYUNDAI for their support. I would thank my institution and my faculty members without whom this project have been a distant reality. I extend my heart full thanks to my family‚ friends and
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