Innovation of Hilti Group - Case Study Example

Comments (0) Cite this document
Summary
This research presents the organisation’s need for innovation, general imperatives in industrial sector; change in general imperatives in the last decade, innovation imperatives facing the organisation, organisation’s current level of innovation, comparison with other innovative organizations…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.4% of users find it useful
Innovation of Hilti Group
Read TextPreview

Extract of sample "Innovation of Hilti Group"

Download file to see previous pages This danger in the workplace has been under focus in the same manner for large construction companies as for small construction companies (Hung et al., 2011) within the Australian context. One major danger from using power tools is the ability to lose control of the power tool causing physical damage to the operator as well as other workers or people in the surrounding. This kind of short term damage is augmented by long term damage that can occur from the extended use of power tools due to vibration and use. The workers who use power tools are in constant danger of developing physical disorders due to excessive vibration (Edwards & Holt, 2010) as well as losing their sense of hearing. 2.3. Innovation Imperatives facing the Organisation On the one hand manufacturers like Hilti have to come around with innovative solutions to deal with health and safety concerns posed in the workplace. On the other hand the range of global operations means that Hilti has to produce solutions that are technically acceptable and open to translation in various corners of the globe. Operating a large business in 120 countries around the world means that Hilti has to deal with a number of differing technical specifications on safety concerns, materials that are allowable for use, range of operating parameters such as voltage levels etc. Overall this indicates that Hilti has a two pronged innovation concern – one that bases itself solely on the issue of safety in the workplace and the other that concerns itself wholly with the issue of conformance to various international standards on safety and manufacturing. 2.4. Organisation’s Current Level of Innovation Hilti has carved a...
The firm that is analyzed in the paper is the Hilti Group also known as Hilti AG, an end manufacturer, developer and marketeer of construction and building maintenance tools with the primary focus of production being professional end users. The company has a diverse product portfolio that includes tools for mining, measurement, cordless tools, screw fastening systems, drilling and demolition systems, diamond systems, cutting and grinding systems, direct fastening systems, anchor systems, firestop systems and construction chemicals. Although Hilti manufactures and sells a huge array of products but the company’s main focus areas are hammer drills, firestops and installation systems. Hilti is based in Schaan, Liechtenstein but has manufacturing facilities, retail outlets and marketing offices around the world. Overall the company employs more than 20,000 people worldwide. Historically the company was founded by Martin Hilti and Eugen Hilti in 1941 when they opened a workshop in Schaan, the capital of Liechtenstein. The company expanded its operations to Italy between 1948 and 1960 representing the company’s first foreign venture. Since that point in time the Hilti brand name has come to assume manufacturing, marketing and after sales support in over 120 countries worldwide. In terms of the ownership, the Hilti Family Trust owns all of Hilti’s registered shares as of 2003. Hilti has carved a reputation for itself for being a repeat innovator when it comes to the world of power tools and allied accessories. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Innovation of Hilti Group Case Study Example | Topics and Well Written Essays - 3750 words”, n.d.)
Retrieved from https://studentshare.org/management/1394550-innovation-of-hilti-group
(Innovation of Hilti Group Case Study Example | Topics and Well Written Essays - 3750 Words)
https://studentshare.org/management/1394550-innovation-of-hilti-group.
“Innovation of Hilti Group Case Study Example | Topics and Well Written Essays - 3750 Words”, n.d. https://studentshare.org/management/1394550-innovation-of-hilti-group.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Innovation of Hilti Group

Innovation

..., Vol. 21 Issue 3, p307-318; DOI: 10.1080/0144619032000056144 ENR Editorial Staff 2003a “Innovation Is a Paradox for Construction Teams.” ENR: Engineering News-Record, 10/20/2003, Vol. 251 Issue 16, p128 ENR Editorial Staff 2003b “Innovation Will Occur When Parties: Share Gain and Pain.” ENR: Engineering News-Record, 11/10/2003, Vol. 251 Issue 19, p88 Fayek, A R & Hampson, K 2009 Leverage Innovation for Sustainable Construction: Proceedings of the CIB Task Group 58: Clients and Construction Innovation Workshop. Edmonton, Alberta, Canada: University of Canada, May 18-19. Friedrich, T L; Mumford, M D; Vessey, B; Beeler, C K; & Eubanks, D L 2010 “Leading for...
19 Pages(4750 words)Literature review

Innovation

...is one who takes risk in terms of innovation because any innovation cant be done unless risk is not involve into it. So in order to build a market the term of innovation is closely associated to the entrepreneur. Any entrepreneur should look for the possible steps that lead to the innovation and the result will be good because innovation without proper steps cannot work out. The best example of entrepreneur and the innovator as well is of Richard Branson, British entrepreneur known for Virgin Groups which id of 400 companies. He is the great entrepreneur because he believes that for every businessman it is important to...
4 Pages(1000 words)Essay

Innovation

...to navigate themselves out from the economic and social morass and it is through innovations that an organization can get there, but the organization and leaders are usually focused on status quo. An innovative organization creates people, process and philosophies to create, support and nurture innovation (Sorenson, 2011). This project would deal with the innovation strategy adopted by Vodafone, Vodafone group Plc is the world’s largest mobile telecommunications, with its presence in Europe, Asia, Africa, Middle East and the United States. Current Business Situation The company current strategy titled, a stronger Vodafone to a more valuable Vodafone...
4 Pages(1000 words)Term Paper

Innovation

...Innovation: The Internet First Last Dr. TeacherFirst TeacherLast Number 25 May Innovation: The Internet Pervasive Internet becoming a part of life Futurist Raymond Kurzweil aptly stated that “if the automobile industry had made as much progress [as computers] in the past fifty years, a car today would cost a hundredth of a cent and go faster than the speed of light." (1999, pp. 21, 25). The pervasiveness of the Internet has been a confluence and result, and indeed also the driver, of many of the information and communication technology changes that we see today. Just like a new road links a far off farming community to a national road network, the Internet has allowed people and businesses all over the...
2 Pages(500 words)Essay

From Imitation to Innovation Zongshen Industrial Group

...From Imitation to Innovation Zongshen Industrial Group [N a m e] Question How did Zongshen acquire the capabilities to produce motorcycles? Has it moved from imitator to innovator in gasoline powered motorcycles? Zongshen acquired competitive capabilities by horizontal integration of suppliers and sources both in terms of human power and technology. The company did reverse merger for quicker listing in stock market and establishing consumer confidence. TECHNOLOGY INTEGRATION: Its joint venture with the manufacturing company Paggio (Italy) enabled Zongshen to acquire technology and develop products that address the quality and design issues which competitors failed to concentrate on....
4 Pages(1000 words)Essay

Innovation

...Innovation A technology driven company is an organization whose main objective is to come up with better technology (During, Oakey, &Kauser, 2005). This is what attracts customers to these organizations, furthermore an example of a technology driven organization is Esri international and Apple. A market driven company ensures that it is able to get market for their products by focusing on the market and customers. For example, Cisco is a market driven company. The company’s every decision is based on its customers, and it always tries to ensure that the customers benefit from their products and strategies. The main difference between technology driven and innovative driven companies is that technology...
1 Pages(250 words)Essay

Nike as an Innovative Company

... ID Lecturer Think of an innovative company and explain how its ability to adapt has enabled the organization to remain competitive in its industry. Nike is an innovative company which has brought significant technological changes within its domains to remain a potent force within the global industry. It started off as a sportswear organization but now it is taken as a sport giant – broadening its arms left, right and center. Nike has remained competitive in the industry by focusing on standards which have boosted its business. It has strengthened its processes and communicated to the audiences in such a way that there is a personalized feeling available with the brand. The development has been immensely important as it has taken... the...
1 Pages(250 words)Essay

Role of Innovation in the McLaren Group

...Role of innovation in the Mercedes Benz Group Executive Summary Most companies lack a clear understanding of how to develop its innovation and technology strategy for effective market performance. Innovation is a vital aspect defining the firm’s ability to succeed in a highly competitive global market. It defines the firm’s strengths in leveraging its products and creating its brand positioning through distinctive product features that cannot be easily copied by others in the industry. Such strategic moves are strongly linked to the positive market performance of the firm and ensuring its leadership status in a competitive business environment. The Mercedes Benz...
12 Pages(3000 words)Essay

Innovation

...Participation in Open Innovation Project May 28, Table of Contents Introduction 7 Introduction 7 1. Definition and evolution of open innovation 7 1.2. Stages in open innovation projects 9 1.3. Types of open innovation 11 2. Participation in openIDEO 11 2. Participation in openIDEO 11 2.1. Details of my participation 13 3. Conclusions 17 3. Conclusions 17 References 19 References 19 Appendix 23 Appendix 23 List of Figures A.1. Home page of the project (OpenIDEO, 2014) 23 A.2. List of my activities in the forum 25 A.3. Screen shot of my first post on the forum 27 A.4. Another post in the forum 27 A.5. First step in the idea submission process 27 A.6. Second step in completing the form 29 A.7. Last step in completing the form 31 A.8... . The...
6 Pages(1500 words)Assignment

Innovation

...skills, invoking knowledge in addition to ensuring profitability for an organisation. References Bijker, W.E. & Law, J. (1995) Shaping technology/building society: studies in socio-technical, Change MIT Press. Dusek, V. (2006) Philosophy of technology: an introduction, Wiley. Grint, K. (2005) The sociology of work: introduction, Polity. MacKenzie, D.A. & Wajcman, J. (1985) The social shaping of technology: how the refrigerator got its hum, Open University Press. Megill, A. (1994) Rethinking objectivity, Duke University Press. Rogers, E.M. (2003) Diffusion of innovations, Simon and Schuster. Scharff, R.C. & Dusek, V. (2013) Philosophy of technology: the technological condition: an anthology, Wiley. Smith, M.R. & Marx,...
8 Pages(2000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic Innovation of Hilti Group for FREE!

Contact Us