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Entrepreneurship
Innovation and
Technology
July 2014
@RanadePrashant
Agenda
 The Need
 The Opportunity
 What is Required ?
 Success Stories
2
The organized sector employs a very small % of India’s
working population
3
Agriculture
60%
Unorganized
Manufacturing
& Se...
Over 200 million people will enter India’s workforce
during the next 15 years
4
Entrepreneurial activity is critical to me...
Agenda
 The Need
 The Opportunity
 What is Required ?
 Success Stories
5
Emerging markets like India will account for half of Global
GDP growth
6
Huge opportunity for Indian entrepreneurs to
capi...
Technology is Rapidly Moving the Global Economic Centre of
Gravity back to the East
7
Technology reduces entry barriers an...
Tweet your preference @RanadePrashant
8
1. Would you prefer to work with:
a. Start-up @RanadePrashant #PREnactus1a
b. Esta...
Agenda
 The Need
 The Opportunity
 What is Required ?
 Success Stories
9
Evolution of the Economy
10
Early Industrial Industrial Information Age
View of
Customer
Manufacturing
Ethos
Source of
Com...
Non-linear models disrupt the status quo to
create new business opportunities
Entrepreneurship + Technology + Innovation
1...
Which route would you prefer?
12
Agenda
 The Need
 The Opportunity
 What is Required ?
 Success Stories
13
14
The Company Business Model Outcomes
• Founded in 2008
• Peer-to-peer accommodation
booking
• Disrupted Hotel Industry
...
15
Tweet your preference @RanadePrashant
80%
20%
Start-ups
Established Companies
37%
63%
Organised Sector
Unorganised Sector
...
Dream Big to Create a Better World
17
@RanadePrashant
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Entrepreneurship Innovation and Technology

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Transcript of "Entrepreneurship Innovation and Technology"

  1. 1. Entrepreneurship Innovation and Technology July 2014 @RanadePrashant
  2. 2. Agenda  The Need  The Opportunity  What is Required ?  Success Stories 2
  3. 3. The organized sector employs a very small % of India’s working population 3 Agriculture 60% Unorganized Manufacturing & Services 31% Organized Manufacturing & Services 9% Organized Public Sector 6% Organized Private Sector 3% http://indiatoday.intoday.in/content_mail.php?option=com_content&name=print&id=20143 http://industrialrelations.naukrihub.com/organised-and-unorganised-labor.html Employment Breakdown Total workforce > 500 million Small Businesses are crucial for the health of the economy; accounting for 1/3 of total employment
  4. 4. Over 200 million people will enter India’s workforce during the next 15 years 4 Entrepreneurial activity is critical to meet the growing need for employment generation 300 200 100 0 Growth in Working Age Population (2010–2030) Global + 882 Million Sub- Saharan Africa Other Asia INDIA BD & PK N. Africa & Near East L. Am & Caribbean N. Am Oceania W. Europe E. Europe Japan Baltics & CIS China INMILLIONS
  5. 5. Agenda  The Need  The Opportunity  What is Required ?  Success Stories 5
  6. 6. Emerging markets like India will account for half of Global GDP growth 6 Huge opportunity for Indian entrepreneurs to capitalize on the growth opportunity Others EU United States Japan India China Other Asia Shares of Global Middle Class Consumption (2000–2050)
  7. 7. Technology is Rapidly Moving the Global Economic Centre of Gravity back to the East 7 Technology reduces entry barriers and levels the playing field for new entrants Industrial Revolution Information Technology Revolution
  8. 8. Tweet your preference @RanadePrashant 8 1. Would you prefer to work with: a. Start-up @RanadePrashant #PREnactus1a b. Established company @RanadePrashant #PREnactus1b 2. Would you prefer to work in: a. Organized Sector @RanadePrashant #PREnactus2a b. Unorganized Sector @RanadePrashant #PREnactus2b 3. Which country will win the 2014 FIFA World Cup? @RanadePrashant <Country Name>
  9. 9. Agenda  The Need  The Opportunity  What is Required ?  Success Stories 9
  10. 10. Evolution of the Economy 10 Early Industrial Industrial Information Age View of Customer Manufacturing Ethos Source of Competitive Advantage Homogeneous Mass Production with Vertical Integration Economies of Scale Undifferentiated “You can have any color as long as it is black” Market Segment Batch Assembly Core Competence to Achieve Scale Scale and Differentiation Variety Individual Segment Size = 1 Mass Customization Innovation Personalized & Customized Product Philosophy
  11. 11. Non-linear models disrupt the status quo to create new business opportunities Entrepreneurship + Technology + Innovation 11 Tread Uncharted Paths Think Out of the Box Use Technology to Solve Problems
  12. 12. Which route would you prefer? 12
  13. 13. Agenda  The Need  The Opportunity  What is Required ?  Success Stories 13
  14. 14. 14 The Company Business Model Outcomes • Founded in 2008 • Peer-to-peer accommodation booking • Disrupted Hotel Industry  600 K listings  190 countries  15 Million guests  $10 B valuation • Founded in 2009 • Mobile based peer-to-peer cab service • Disrupted car rental & taxicab  70 cities  38 countries  $18 B valuation • Founded in 1997 • Disrupted Video Rental Industry (Blockbuster) with DVD by Mail service • Evolved to Video Streaming & original content creation  World’s leading Internet TV network  48 M members in 40 countries  1 Billion hours watched  $27 B valuation Some Success Stories
  15. 15. 15
  16. 16. Tweet your preference @RanadePrashant 80% 20% Start-ups Established Companies 37% 63% Organised Sector Unorganised Sector 16
  17. 17. Dream Big to Create a Better World 17 @RanadePrashant
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