Global Innovation Case Study

1. Is Innovation easy in large or small org? What are the challenges (Adv. & Disadvantages of innovations in large & small org)?
We know in the 21st century innovation is the key to success. Innovation is the critical aspect for growing companies of all sizes. But how difficult it is to innovate in the ever competitive environment where taking risk is inevitable and subsequent cost of risk is high.
Large companies are generally better off acquiring other companies with like interest instead of innovate.
But small companies and start up tend to innovate easily for many reasons. The following attributes helps small companies innovate better than larger organizations:
 Speed of Execution: Faster execution as less hierarchy
 Fast Access to Business

5. How can VBS develop competitive managers?
VBS can develop competitive managers by designing a holistic development Training Program for Knowledge Workers i.e., Engineers and Supervisors. According to the below structure it is of utmost important to develop Middle Leg of the organization as they play a significant role in implementation and analyzing the benefits of any decisions.
6. What is the purpose of training?
The purpose of the training and development function is to:
 Organize and facilitate learning and development.
 Expedite acquisition of the knowledge, skills, and abilities required for effective job performance.
 Provide employees with career growth opportunities consistent with corporate goals, objectives, and strategies.
Personally I went for the following trainings:
Training Place Purpose Achievement
Leadership development Training Jindal Stainless Limited Development of Leadership skills 90%
Campus to corporate Training Jindal Stainless Limited Corporate Etiquettes awareness and Induction 95%
Bridging Culture Gap Training IIT, Madras Adaptation to new cultures 80%

7. How do we design the course? What features should it