Qimpro Convention 2008 awards innovation in Indian industry

08 August 2008

Mumbai: A two-day convention on excellence through improvement and innovation was held in the city on 7 – 8 August by Qimpro Consultants, pioneers of the quality movement in India. 

The Qimpro Convention 2008 recognizes excellence in team performance that focuses on improvement.       

Over the past couple of years, the convention has been expanded to include innovation as well, and what used to be a one day event has grown into a two-day convention, with a day each for improvement and innovation.

While Qimpro Consultants work towards accelerating organizational transformation through process improvements and cost reduction, the BestPrax Club facilitates excellence in organizational performance through benchmarking and innovation. This year, the convention saw participation from over 50 teams, marking the culmination of a seven-month long competitive process which began in January 2008.

In his keynote address to the participants on the first day of the convention, Navin Agarwal, deputy executive chairman of Vedanta Resources Plc said that the challenge of sustaining growth is evident from the churn in the list of the Fortune 500 companies over the past several decades.

Agarwal said that a number of companies that were part of the F500 list in the 1960s, are not to be seen there, while others such as Toyota have risen from being just another automotive OEM in the 1970s to become the largest OEM in 2007, with a market capitalization higher than that of the next three largest OEMs combined.