Innovation Strategies for MSME - 22 July 2021

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Innovation Strategies for MSME

6:00 PM

Welcome Address Mr S Mohan Chairman MMA Salem Chapter

Opening Remarks Gp Capt R Vijayakumar (Retd), VSM Executive Director Madras Management Association

Introduction of the Speaker Mr M Selvam Chairman MMA Attur Chapter

Address by the Speaker Mr Kannan Lakshminarayan Professor - Department of Engineering Design, IIT, Madras

Prof Kannan Lakshminarayan Professor - Department of Engineering Design, IIT, Madras Founder Director, Fractal Foundation THURSDAY JUL 22, 2021 | 6.00 PM

ZOOM Online Meeting Meeting ID: 811 4286 7864

Founder Director, Fractal Foundation

Q&A

7:30 PM

Vote of Thanks Mr K V Ganesan Chairman MMA Namakkal Chapter

Share your questions by SMS/Whatsapp to 98401 23906

Passcode: 615776

MADRAS MANAGEMENT ASSOCIATION


SYNOPSIS While

MSMEs

economy.

The

are

the

world

back is

bone,

changing

innovations rapidly

and

act

like

a

driving

competitive

edge

force

for

the

can

only

be

maintained through continuous innovations by bringing in new technologies for improving the quality even while keeping the cost under check. Innovations are normally

associated

with

manufacturing

alone,

whereas

innovative

business

practices and delivery mechanisms have a direct positive impact on every business function

including

the

customer

support

services.

Every

innovation

doesn’t

necessarily be driven by high-end technology. It is also assumed that huge R & D efforts are essential for driving innovations, a myth that has been busted by some of the new-age business ideas from the service industry as well. It would be of interest to understand how MSMEs can work towards innovative models of business through various examples from around the globe, with specific focus to local conditions.

SPEAKER

profile

KANNAN LAKSHMINARAYAN Kannan Lakshminarayan is currently a Professor of Practice in the department of Engineering Design at the Indian Institute of Technology, Madras where he leads a team

designing

and

developing

High

Efficiency

Traction

Motors

for

electrical

vehicles. His overarching research objectives revolve around electro-mechanical engineering for making products that impact livelihoods and sustainability. He is the founder and director of Fractal Foundation – a one of a kind “ideas accelerator” focused

on

bringing

new

technologies

to

the

market,

including

Microspin

and

Skillveri. In addition, Kannan’s passion for innovation-driven engineering led him to co-found and direct tech companies like Vortex and Motorz. Kannan received the Distinguished Alumnus Award of the Indian Institute of Technology Madras 2014, in recognition of his innovations and transformative work in sustainable solutions for rural India.

Mr D Venkateswaran Chairman, MMA Erode Chapter

Brigadier B Narayanaswamy Co-Chairman, MMA Trichy Chapter

Mr R Mananathan Chairman, MMA Puducherry Chapter

Mr S Mohan Chairman, MMA Salem Chapter

Mr M Selvam Chairman, MMA Attur Chapter

Mr K V Ganesan Chairman, MMA Namakkal Chapter

MADRAS MANAGEMENT ASSOCIATION


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