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Inflexion points change directions . Opportunities explode at inflexion points. Disruptive technologies and meta changes are creating flux. Globalization. Information revolution. The current times are similar to age of industrial revolution. Reduction in transaction costs due to globalization. Strategic response is required. Transformation and change key to survival. Innovations cause discontinuity as technological developments are triggers of change.
BRIC Theory: Progressive shift of world power centers to happen within next 3 decades.
GDP of Brazil, Russia, India & China - expected to cross G-6 by 2036. China - Expected to attain global # 1 status in 2041 India - Expected to attain global # 3 status in 2032
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WAVES OF CHANGE
Sectors of economy go through different waves of change . several of these waves are exogenous caused by external factors Several times organizations change as a response to the environmental changes or as a response to the changes in operating conditions. Mature organizations are slow to respond to change and the pace of response becomes the cause of withering of these organizations.
INNOVATIONS
The constant interaction of major transformations creates an extremely turbulent environment. Only organisations adept at innovations and implementation of innovations are going to survive. The sustainable competitive advantage is ability to innovate and ability to implement innovation.
The various methods of knowledge acquisition will be evaluated keeping in view the hitherto unexplored possibilities of unlocking knowledge that gets generated in the course of implementing technical inventions to meet specific goals.
The methods developed for evaluating, the potential of locked knowledge will be applied to evaluate knowledge acquisition for development of technology for using bio diesels for railway locomotives
DEVELOPMENT OF AN INTEGRATED METHODOLOGY FOR EVALUATION AND DEVELOMENT OF LOCKED KNOWLEDGE INTO MARKETABLE PRODUCTS
Examination of locked knowledge/competencies using the technique of multiple perspective. Generation of different products using core technology by using the technique of morphological synthesis. Generation of marketable intellectual capital using the technique of transformations to convert locked up knowledge potential into useful products for meeting customer needs after complementary enhancements. Use the technique of paradox to convert vestigial knowledge structures to useful artifacts. Identification of markets for the unlocked intellectual capital using the technique of analogy The market size and total revenue streams will be calculated using the technique of scenario building for use of specific technology after suitable enhancements. The net present value of technology will be arrived at after taking into account the uncertainty and cost of enhancement of basic technology.
VALIDATION OF METHODOLOGY BY APPLICATION OF THE INTEGRATED METHODLOGY RETROSPECTIVELY TO THE DEVELOPMENT OF KNOWLEDGE OF COMPUTER NETWORS FOR MANUFACTURING AT RCF KAPURTHALA
The process of development of knowledge of computer networking for manufacturing at rcf kapurthala will be examined. It will examine whether the knowledge thus developed had a component which was not aligned to the core business area of rcf kapurthala (indian railways). It will examine whether the knowledge thus developed was used subsequently by RCF kapurthala (Indian Railways) or became locked intellectual capital. The integrated methodology developed will be applied to the knowledge developed for computer networking for manufacturing at RCF kapurthala
APPLY THE VALIDATED INTEGRATED METHODLOGY TO KNOWLEDGE ACQUISITION FOR DEVELOPMENT OF TECHNOILOGY OF BIO DIESELS FOR RAILWAY TRACTION
Examination of different uses of technology of bio fuels for railway traction using the technique of multiple perspective. Identification of markets for the technology of bio fuels for railway traction using the technique of analogy Generation of different products from the core technology of bio fuels for railway traction by using the technique of morphological synthesis. Generation of marketable intellectual capital using the technique of transformations to convert technology of bio fuels for railway traction into useful products for meeting customer needs after complementary enhancements. The market size and total revenue streams will be calculated using the technique of scenario building for use of specific technology after suitable enhancements. The net present value of technology will be arrived at after taking into account the uncertainty and cost of enhancement of basic technology.
Several innovations in factory and office automation were developed in rcf kapurthala including provision of connectivity between design computers and factory floor devices
It will examine whether the knowledge thus developed had a component which was not aligned to the core business area of RCF kapurthala (Indian Railways). It will examine whether the knowledge thus developed was used subsequently by RCF kapurthala (Indian Railways) or became locked intellectual capital. The possibility of leveraging and marketing these competencies after complementary enhancement would be examined through scenario building exercises and study of contemporary market share of similar technologies
EXAMINATON OF BIODIESEL
Biodiesel are promising alternative fuel for railway traction. Today large number of research projects are going on in various institutions, organisations and universities. Development of biodiesel technology would require inputs from diverse fields like biotechnology, internal combustion engines, new materials, computational fluid dynamics,heat flow Forecasting of future technology trends based on technology for bio diesels for railway locomotives. To achieve implement able level of technology expertise will required to be developed in areas like biotechnology, internal combustion engines, new materials, computational fluid dynamics, heat flow. This competence inventory may become locked after the biodiesel project becomes operational.