Hindustan Unilever Limited (HUL) OVERVIEW Hindustan Unilever Limited (HUL) is India’s largest fast moving consumer goods company‚ with leadership in Home & Personal Care Products and Foods & Beverages. HUL’s brands‚ spread across 20 distinct consumer categories‚ touch the lives of two out of three Indians. They endow the company with a scale of combined volumes of about 4 million tonnes and sales of Rs.10‚000 crores. The mission that inspires HUL’s 36‚000 employees‚ including about 1‚350 managers
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“Internet is one of the most important technological innovations in human history” Within the last five decades‚ a plenty of technological innovations have been released. Most of them are aiming at making life easier and more comfy for mankind. However‚ they do not have the same level of importance; some of them are more important than others. If the importance of these inventions is measured by their effect on human life and history‚ internet will be considered the
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"A company which innovates has to look like a university" Since he invented the cyclonic vacuum cleaner twenty years ago‚ James Dyson continues to perceive the innovation with all the dynamism and the energy of his debuts. But the vacuum cleaner without bag is first of all the success of a team. Around James Dyson‚ four engineers-designers‚ then awarded a diploma by Royal College of art‚ developed various prototypes. This group works even today on the elaboration of new products at Dyson. At
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• What is the decision making process for Metabical? ◦ Who is involved? ◦ What role do they play? ◦ What are the stages in the process? In the launch of Metabical for the US market‚ several marketing decisions need to be made to bring a viable product into the market to maximize market penetration and gross margins over the PLC and to best serve the needs of the customers The players are • Health Care Professionals ◦ Will prescribe Metabical to their patients ◦ Can influence Insurance Companies
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Innovations of the Upper Paleolithic The Upper Paleolithic can be considered a turning point in the evolution of human beings. During the Upper Paleolithic various cultural innovations changed the way people would like their lives from that point forward. Perhaps the most important of these innovations being stone tools and blades‚ the domestication of dogs‚ art‚ and evolution of self-identity. The manufacturing of stone tools and blades was very apparent during the Upper Paleolithic The emergence
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organizational and social innovation and strategies centered round new concepts of frugal innovation. It has been suggested that some of these developments reflect specific socio-economic and framework conditions peculiar to the Indian context. At the same time many Indian firms have yet to institute systems and procedures required for supporting technological‚ product and service innovations. The existence of formal R&D departments/divisions‚ offers a ritualistic fig leaf for innovation practice. The
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Innovation at 3M 3M attributed much of its growth to its innovative products and incremental/extensions of existing products. However‚ of late they hadn’t come up with anything significant and they were stagnating. At this point‚ Ms. Rita Shor implemented the “Lead User Research” methodology to come up with four recommendations on new innovative products and strategy. In my opinion‚ Ms. Shor should put forward their first three recommendations to Mr. Dunlop. They consisted of development of three
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Superior topic: Leadership and Innovation Working title: ‘Is leadership important in the process of innovation?’ To what degree? How? Why? University of Latvia Riga Table of content Introduction 3 1. Scientific question 4 2. Defining the problem 4 3. Defining innovation 4 4. Leadership and innovation 5 4.1. Resistance 5 4.2. Coping 5 4.3. Responding 6 4.4. Choosing 6 4.5. Bringing forth 6 4.6. Mastery 6 5. Conclusion 7 Scientific question In this written
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Innovation management (I.M.) is a creative unconventional approach to what managers do. It is a noveling of approaching problems that creates value for another or othes. It has to be something that can be put into practice operationalized‚ and it must bring about substantial change. Scholars have defined I.M. in slightly different ways: Bikinshaus‚ Hammel‚ and Mois give a “ relatively narrow definition of I.M. as “ the invention and implementation of a management practice‚ process‚ structure or technique
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Introduction People always believe that innovation means new technology‚ new products‚ or inventions‚ but innovation is wider than that. Different people may define innovation in a variety of ways. Michael Stanleigh said‚ “Innovation goes beyond technology and requires collaboration from many areas to come together to achieve success” (2014). Steve Jobs believes that “innovation has nothing to do with how many R&D dollars you have……It’s not about money. It’s about the people you have‚ how you’re
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