2. Introduction - EATON
American MNC, founded in
1911
Innovation centres all over
the world, with over 70000+
employees,
Power Management
Company, provides energy
efficient solutions for
electrical, mechanical and
fluid mechanics operations
3. EATON- Business Problem
The Problem – 4x challenge
A pure energy challenge
Climate change and impact on present environment
Rapid increase in population; Each second 7 children
are born
By year 2050 –
Energy demand will increase by 2X
Emissions must be reduced by 2X to maintain
similar enviromment
4. EATON- Need Gap
Need Gap
Food production efficiency has to be increased by 70%
Vehicle mileage has to be increased for same amount
of fuel
Efficiency of today's machines has to be increased if
we need to combat 4X challenge
In addition, companies can achieve significant level of
cost-savings with increase in efficiency levels
Challenge - But efficiency should not hamper the
reliability and safety of machine
5. EATON- Solution
Solution
Eaton's customized engineering solutions –
Designing hydraulic system equipment (fuel gauge)
which is lighter and more fuel efficient to operate
High performance super charge engine component for
better mileage
Reliable, safe and more economical electrical power
chain systems
6. EATON- SWOT
Strength Weakness Opportunity Threat
• Patented • A great • Expanding • Technology
innovations process into new tends to get
• Constant innovation or sectors, using bettered upon
innovator of a patent may expertise of or improved
technological not sectors they by
processes, necessarily already have competitors
innovation is lead to a a foothold in • They need to
their key to great product, • Expand into produce
sustainability thus some emerging company
innovations markets like specific
may not hold like BRIC, innovations
business and even and not find
sense outside of buyers for
BRIC, in what they
Africa innovate
7. EATON- Sustainability
Sustainability
Leadership in environmental practices
World's Most Ethical Company from 2007-2012 according to
EthiSphere Magazine
Eaton believes in “Doing Business Right,” with a view to meet current
needs of society that enable
future generations to meet their own
Eaton believes developing solutions that efficiently use and conserve
global resources. They try to
develop energy efficient products which reduce emissions protecting
the environment.
8. Next Practices Evaluation Sandbox
Capacity to scale up is very
high since they have infra and
sectorial knowledge
They create jobs, at a very
basic level which enhances
social equity
Price-performance levels
will be determined by the
degree of innovations they
undertake
Their innovations are aimed
at energy efficiency which
ensures their sustainability
They operate in the domain
of patents hence they are very
high on the rule of law as well