Presentation: Titan

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Titan Company Limited Innovation a way of Life Unleashing Innovation Summit 1 st December 2016

Transcript of Presentation: Titan

Titan Company Limited

Innovation a way of Life Unleashing Innovation Summit1st December 2016

1992 Timex JV

1996

2003

20072010

2005

1998

PED2005 2008

2009

1987

2011

2013

1984 Conceived

Perfumes

Accessories

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The Journey

Raga: Inspired by the modern woman who transcends roles with

poise and elan

Edge : the slimmest watch in the universe

- a mere 3.5mm

Nebula: A collection of watches crafted

from solid gold

Titan Automatic inseparable from

world-class timekeeping

Zoop: for the imaginative, talented and energetic child of

todayXylys: Swiss

made watches, Crafted for

Connoisseurs

Fastrack: For those who wear their attitude on

their wrist

Sonata Super Fibre: For the

young and active

Titan Juxt: Smart is now

Stunning

Watches

Mia: Jewellery for Modern Working Woman

TanishqWedding Collection pays eloquent tribute to the Indian bride. From the magnificent polki and kundan work favored by brides of the North to the vankis and the unique hair ornaments of a South 

India bride.

Goldplus provides  wide range of jewellery at 

affordable prices. It offers the best value on exchange for gold 

jewellery, 100% buyback, net weight of gold and stones are weighed 

separately.

Zoya draws inspiration from this exquisite fabric to bring out a 

collection of superbly designed, finely crafted masterpieces.

Jewellery

FramesIn-house Brands

SunglassesIn-house Brands

Eyewear

Precision Engineering Components and Sub Assemblies (PECSA)

Machine Building & Automation (MBA)

Precision Engineering

Manufacturing facilities

•Hosur

Pantnagar•Dehradun

Goa .

Roorkee

Coimbatore.Bommasandra . •Chickballapur

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Largest watch maker

Times in Forbes Fab Asia 50 list

$5 bn Market Cap ~

$2 bn Revenue ~

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Stores with 1.75 mn sft

11k+ Multi brand outlets

7.5k+ Employees on roll

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5th

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Titan Today

Innovation happens when…

• Believe in the impossible– Challenging questions

• Believe in your people– Empowerment

• Skill people– Tools and techniques 9

INNOVATION @ TITAN

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Enablers of Innovation

Culture Non – hierarchical, informal, Open and transparent, 

Freedom to fail

People:Age and gender diversity. Talented and entrepreneurial workforce

ProcessGenerating and capturing ideas, Evaluation, ExperimentingFormal process for Cross‐Pollination, Measuring Innovation

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Enablers of Innovation

StrategyInnovation thrust in short and long term including an 

approach for identifying  new opportunities, Review mechanism for innovationInnovation Pipeline

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Governing Structure

Innovation Council

Inspiring and sensitizing

Managing Director &

Titan Management Council

Business Model Innovation

1. Innovation enablers

2. Enhance capability to innovate

3. Idea generation & selection

4. Rewards & Recognition

5. Measurement on innovation13

Innovation Enablers

Innovation Bazaar InterWeave

Daily Mail on innovation

Innovation newsletter

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Ignitor

Enhance capability to innovate

Innovation School

Innovation Centre

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Innovation School of Management

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Idea generation & selection

Seed

Ignitor

CWS ‐Innoverse

Innovation Hub

IITM Research Park

What’s New?

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Central Technology services

Centre for Centre for Innovation and Technological Excellence

Rewards & Recognition

Innovista & External Awards

MOF

Dream TeamOutstanding Titanian

IScMGraduates

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Measurement of innovation

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Employee Engagement Survey

TITAN INNOVATION ENGINE

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Process    +      Toolkit=        

Innovation as a way of Life

Titan’s  definition of Innovation…

“Novel or Pioneering 

Processes , Products or Business‐Models 

that deliver Elevating Experiences for the people we touch 

or create Significant Impact & Value”

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TITAN EXAMPLES

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Q & [email protected]

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