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    Frugal Innovation

    BY
    State Bank of India via Edx

    Brochure Enquire
    Lavel

    Intermediate

    Mode

    Online

    Duration

    4 Weeks

    Fees

    Free

    Quick Facts

    particular details
    Medium of instructions English
    Mode of learning Self study
    Mode of Delivery Video and Text Based
    Learning efforts 1-2 Hours Per Week

    Course and certificate fees

    Type of course

    Free

    certificate availability

    Yes

    certificate providing authority

    State Bank of India

    certificate fees

    ₹12,510

    The syllabus

    Module 1: Introduction

    • Definition and examples of frugal innovation
    • The five defining factors of frugal innovation: Simplicity, affordability, sustainability, quality and purpose

    Module 2: The Importance of Frugal Innovation

    • Cost-effectiveness
    • Serving environmental purposes
    • Serving societal purposes

    Module 3: Various models of innovation in constrained environments resource

    • Jugaad
    • Bricolage
    • Reverse Innovation
    • Cost innovation
    • Grassroot innovation

    Module 4: Sources of frugal innovation

    • The perception of scarcity as an opportunity
    • Desire to do more with less (Dissatisfaction with Status Quo)
    • Desire to Serve Society
    • Desire to serve the environment
    • Principles of simplicity and flexibility
    • Close connection with consumers

    Module 5: Integrating frugal innovation processes in your

    • organization
    • Self-work for executives
    • Action planning

    Instructors

    Ms Saleha Ahmad
    Deputy General Manager
    State Bank of India

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