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- Definition and examples of frugal innovation
- The five defining factors of frugal innovation: Simplicity, affordability, sustainability, quality and purpose
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- Frugal Innovation
Quick Facts
| particular | details | ||||
|---|---|---|---|---|---|
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Medium of instructions
English
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Mode of learning
Self study
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Mode of Delivery
Video and Text Based
|
Learning efforts
1-2 Hours Per Week
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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
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
Articles
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