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  • Innovation Flow Managing Innovation Scouting at Bayer CS Wim Vanhaverbeke

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    The author introduces Posco in Odisha, the first foreign direct investment project in India. He also mentions the positive role of government and private stakeholders in the project. The section on Posco’s success is excellent, with details about its management strategies, production, and financial performance. However, it is important to address the stakeholders’ perspective. The author did not mention any criticisms or controversies regarding Posco’s impact on the local community, environment, or economy. This omission leaves a gap in the discussion. In the section

    Case Study Analysis

    Posco’s Odisha factory, a joint venture with Orissa Mineral Development Corp Ltd, is the only integrated steel plant in the state, with an investment of $3.3 billion, expected to employ 21,000 people. click for source However, the plant has missed the target of becoming the state’s largest single industrial employer. that site Odisha Minister for Industries, Dr Anand Kumar, said, “The government is willing to extend support of the state government to the joint venture company. The target could be achieved

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    Our first stop is in India’s third-largest economy, Odisha, the home of giant steel-maker Posco. Founded in 2004, the company has already become one of the fastest-growing in the country, thanks to the recent boom in steel demand. But unlike other steelmakers, Posco in Odisha has not been without its controversies. In 2009, when its then owner DSMMP (now known as Posco DSME) was

    Financial Analysis

    “The management of Posco Industries Limited is an inexplicable misadventure that has failed to make a dent in the company. Despite having invested substantially in the state of Odisha in a bid to gain competitive advantage, the company seems to have failed to capture the market potential. This has been compounded by the inability of the company to manage the stakeholders effectively, resulting in a perplexing situation. Santhi Perumal, a business analyst from the region, feels that the company needs to take steps to improve

    Recommendations for the Case Study

    Posco has been a significant economic driver for the people of Odisha for over 30 years. However, we have not achieved the promised growth in manufacturing and infrastructure development. The reasons behind this are numerous and various. Critical Review of Key Factors that Affected Posco’s Growth in Odisha We have already explained in the how Posco has been successful in India, but the case shows that Posco needs to focus on various factors that affect its growth in Odisha. The company