SUMMARYThis plan helps people to save unused electricity when nobody is at home. usually , when we leave our home or move to another room, we forget to switch off the lights, which results in a lot of wastage of electricity. Leaving appliances like A.C,lights and iron box switched on for a long time can also cause major accidents. Hence we propose an idea of a door lock which is capable of switching off the lights and other electrical appliances once we leave our home. The door lock can be prepared with a simple arrangement in the normal door lock and can be produced at a negligible cost thus saving a lot of electricity.

Avengers

Vaibhav Nigam, Suresh Mani, Sridhar, Piyush Jain, Swati Gupta, Prakhyat K.V. ,Sudhir

Innovative Ideas

Cold Drink Cans Producing Electricity.

Changing Hotels industry to serve themselves in front of the customers with technology .

Electricity Saving Door Locks.

Colour Changing Shoes.

Pain Area

Wastage of Electricity.

Safety of Electrical Appliances.

Safety of our home

Why to consider this idea?

Impact Energy /Power Saving Safety of Appliances Prevention from Fire Accidents Money Saving Safety of the home.

continued…..

Market

Interior Designers Door Lock Manufacturers Smart Home Concept Makers Electricians

continued….. Competition

There are some products in market which are available at high cost, which cannot be afforded by common person.

Our proposal is to save energy with low cost equipment.

However in future tough competition can be expected from other door lock manufacturers if they produce their equipment in cheaper price.

Human Errors

Machine

Laziness

Negligence

Hurry

Higher power rating

Inefficient appliances

Power losses

Need of continuous chargingR.O. Systems

and other appliances

Improper lighting

Improper ventilation

Wastage of electricity

EnvironmentUncontrolled

PARETO ANALYSISMajor cause of wastage of electricity was during the time when no one was at home because: Usually, we forget to switch off the lights when

in hurry. The invertors and other appliances remain open

though they won’t be in use during that time. When we are leaving during power cut, we

don’t take the pains to check every light/fan in the home.

Hence, we are trying to focus on saving electricity when we are not at home.

6 Thinking Hats

Edward De Bono

Based on the theory of

WHITE HAT Major cause of wastage of Electricity is our

unawareness and keeping the light switched on while leaving the home.

A major problem with some appliances is to detect whether they are working or not.

Appliances like A.C.’s can burst if left unattended for a long time.

Most short circuit accidents take place when no one is at home.

GREEN HAT Manual Power cut off from Mains.

Check all rooms for any open switches.

Get machines that can be easily detected if they are in on-off state.

Power cutoff near door lock.

Synchronizing it with a mobile.

A door similar to a refrigerator door.

BLACK HAT If we have a manual switch, one can forget that too.

Checking every room is a tedious task.

Every room can’t be checked when in a hurry.

Extra equipment can be costly.

If power is cutoff each time we close the door, there can be no privacy.

Changing appliances is a difficult task.

YELLOW HAT More human effort is not required.

An automatic system would be much efficient, convenient and reliable.

A mobile message whenever we leave the appliance open and leave the house would be great.

The power cutoff should be incorporated in the door lock mechanism itself.

The energy saving by tripping all or some appliances when going for a vacation would be huge.

RED HAT

Nobody would make the effort to manually switch off or check the lights.

People would be buying only products that ensure safety.

Automatic system would be a better option.

BLUE HATBased on the facts and other information

provided by various hats , we came up with the suggestion of a device “ Power tripping door lock” :

Whenever we Lock the door, some or all of the appliances inside the door will go off.

The normal door lock can easily be converted into Power Tripping Door Lock by fixing a negligible cost circuitry in the lock.

Later, the device can also be synchronized with your mobile set .

BUSINESS PLAN

We can sell this idea to an existing Door lock manufacturer.

We can produce the product and supply it to the target segment.

A separate R&D department can be set up and we can later improve on the idea by synchronizing it with mobile , hence providing extra security.

Continued….

The product being cheap, can be sold even at local markets or existing market of the door Lock.

The Product can be promoted on Hoardings , Internet and Media (T.V. ,Radio).

Safety Engineers and architects can be informed about the product.

HELP NEEDED Financial : The product being cheap can be

produced at a low cost .Hence no help is required.

Marketing : We need to promote our product. Hence any help in this regard would be of great use.

Strategic Know-how : Though we already have a few ideas, yet any improvements in our idea are always welcome.

HBR CASE STUDY(Real Leadership lessons of Steve Jobs)

The real lessons from Steve Jobs have to be drawn from looking at what he actually accomplished. What do you think was his most important creation?“Apple” the company. Making an enduring company was both far harder and more important than making a great product.

Focus :Deciding what not to do is as important as

deciding what to do. Relentlessly filter out what is considered distraction.

Simplicity :Simplicity is the ultimate sophistication.

The simplicity that comes from conquering, rather than merely ignoring, complexity. It takes lot of hard work to make something simple and come up with elegant solution.

Take end to end responsibility :The best way to achieve simplicity was to

make sure that hardware, software and peripheral devices were seamlessly integrated.

When behind, Leapfrog :The mark of an innovative company is not

only that it comes with new ideas first. But also knows how to leapfrog when it finds itself behind.

Put products before profits :The motivating factor was to build

an enduring company where people were motivated to make great products.

Bend reality :It was a self fulfilling distortion.

Impossible is possible, when it is not realized it is impossible.

Impute :People form an opinion about a

product or a company on the basis of how it is presented and packaged. People do judge a book by its cover.

Push for Perfection :Hit the pause button to be as

beautiful as possible, even if its inside the box. Real artists sign their work.

Tolerate only ‘A’ players :By expecting the people to do great

things, you can get them to do great things.

Engage Face-to-Face :Creativity comes from spontaneous

meetings and random discussions.

Stay Hungry, Stay Foolish :

1. Always keep wanting something,

something more.

2. Always keep an open mind, never think

that you know everything.

THANK YOU ! THANK YOU

!