4. SUNDARAM APPAN -
BORN IN NEW YEAR 1st JAN……
Engg Graduate College of Engineering Guindy (Anna univ)
PG –Indian Statistical Institute SQC/OR/
COMPUTER SCIENCE IN CALCUTTA
PG DIP MATERIALS MANAGEMENT – IIM BANGALORE
UAP FACULTY CERTIFICATION
/ MM & PP Modules
Certification in PIM
SIX SIGMA BALCK BELT TRININED
PRESENTLY TECHNOLOGY CONSULTANT
( ON LINE )–GLG GROUP, NEWYORK, USA
CONSULTANT IN SAP & INFO. TECH.
FACULTY – SAP / ERP / LEAN /…..
3-Jan-14
SA-LOM-1
4
5. Over 36 years experience MIS / IT / PPC/Materials Management
Past CIO and Advisor I T for HM group ,PAST HEAD PPC / STORES /
SYSTEMS IN HERO HONDA / TVS SUZUKI /JCT ELECTRONICS
Professor XIME last 2 years / Now teaching ERP/ MIS/Ebiz at
Alliance Business Academy –MBA class
Widely traveled to Japan / USA / Bangkok /Australia etc
Past Chairman Computer society of India and active
member GARTNER / NASSCOM/ Rotary International
3-Jan-14
SA-LOM-1
5
6. COURSE SUMMARY
ENTREPRENEURSHIP
·
Introduction to Entrepreneurship
·
Entrepreneurial Process
·
Steps in starting a new venture
·
Whom to contact for what?
·
Achievement Motivation
Taking risk or managing risk & Failure
perspective
·
innovation Business Incubation & Forms of
ownership
3-Jan-14
SA-LOM-1
6
7. COURSE SUMMARY
ENTREPRENEURISHIP
Creativity, Identification of Business Opportunity,
criteria for selecting the Business opportunity
·
Business Model, Market Feasibility study,
Marketing strategy
·
Finance Feasibility Study, Intellectual property
Rights, Source of funds-Banks, Venture Capital
·
·
Business Plan
USEFUL VIDEO PODCASTS ON CONCEPTS OF
ENTREPRENEURSHIP
3-Jan-14
SA-LOM-1
7
8. WHAT IS ENTREPRENEURSHIP ?
The capacity and willingness
to
develop,
organize
and
manage
a
BUSINESS
venture
along
with
any
of
its risks in order to make a profit.
The most obvious example of
entrepreneurship is the starting of
new businesses
3-Jan-14
LOM-1
8
9. Entrepreneurs vs
Intrapreneurs
Entrepreneurs are people that notice
opportunities and take the initiative to
mobilize resources to make new goods and
services.
Intrapreneurs also notice opportunities and
take initiative to mobilize resources,
however they work in large companies and
contribute to the innovation of the firm.
Intrapreneurs often become entrepreneurs.
10. Entrepreneurship
A process, not a type of person
Creating and/or building something of
value
Identifying an opportunity
Pulling together the needed resources
to pursue the opportunity
Developing and implementing a
Business Plan
Involves uncertainty and the
acceptance of risk
11. Who are entrepreneurs?
Common traits
Common traits
Original thinkers
Risk takers
Take
responsibility for
own actions
Feel competent
and capable
Set high goals
and enjoy
working toward
them
Self employed
parents
Firstborns
Between 30-50 years
old
Well educated – 80%
have college degree
and 1/3 have a
graduate level
degree
12. Successful and Unsuccessful
Entrepreneurs
Successful
Creative and
Innovative
Position themselves
in shifting or new
markets
Create new products
Create new
processes
Create new delivery
Unsuccessful
Poor Managers
Low work ethic
Inefficient
Failure to plan and
prepare
Poor money
managers
13. Entrepreneur
If you embrace that it’s never too late
to start living a dream, you’re an
entrepreneur.
If you see opportunity when others
see
impossibility,
you’re
an
entrepreneur.
If you’re taking risks, you’re an
entrepreneur.
If you believe that anything is
possible, you’re an entrepreneur.
14. Entrepreneur
If you’re trying your ideas you’re an
entrepreneur.
If you’re contributing to something
bigger than yourself, you’re an
entrepreneur.
If you’re creating jobs, you’re an
entrepreneur.
If you’re NOT scared, you’re an
entrepreneur.
If you’re determined, that your ideas
will succeed you’re an entrepreneur.
15. ENTREPRENEUR
If you’re determined, you’re an entrepreneur.
If you’re making tough decisions, you’re an
entrepreneur.
If you believe that nothing is “unrealistic”,
you’re an entrepreneur.
If you’re focused, you’re an entrepreneur.
If you’re asking questions, you’re an
entrepreneur.
If you embrace the unknown, you’re an
entrepreneur
3-Jan-14
15
16. ENTREPRENEURISHIP
In
economics,
entrepreneurship
combined with land, labor, natural
resources and capital can produce profit
Entrepreneurial spirit is characterized
by innovation and risk-taking, and is an
essential part of a nation's ability to
succeed in an ever changing and
increasingly competitive global market
place
3-Jan-14
LOM-1
16
18. ENTREPRENEURSHIP
Entrepreneur:
Person whose goal is to create or capitalize on new
economic opportunities through innovation
Entrepreneurship:
Process through which entrepreneurs create and grow
enterprises
Entrepreneurial Community:
Community where significant economic and social
entrepreneurial activity exists within an effective system
of public and private support
Entrepreneurship Development:
Policies and practices (public and private) that foster
entrepreneurship
3-Jan-14
18
19. ENTREPRENEURIAL COMPETENCIES
Scott Shane (Case Western) –
“Entrepreneurship is an activity that
involves the discovery, evaluation and
exploitation of opportunities to introduce
new goods and services, ways of
organizing, markets, processes, and new
materials through organizing efforts that
previously had not existed.”
.”
3-Jan-14
19
20. ENTREPRENEURIAL COMPETENCIES
Howard Stevenson (Harvard) – “.. The
pursuit of opportunity without regard to
resources currently controlled.”
W. Gibb Dyer, Jr. (BYU) – “The founding
of new businesses is the essence of
entrepreneurial activity.”
3-Jan-14
20
26. WHY ENTRPRENEURSHIP IS
IMPORTANT
ESSENCE OF SUCCESS OF USA IS
OVERALL THE NATIONS ENTREPRENEURIAL
COMPETENCE.
AND
HIGH
%
OF
ENTREPRENEURS COMPARED TO JOB
SEEKERS ( 18 % vs 72 %)
Virtually of USA’s economic growth is
coming from entrepreneurial ventures of all
sizes and types
3-Jan-14
29
27. WHY ENTRPRENEURSHIP IS
IMPORTANT
Entrepreneurship cause economic growth
By creating job opportunities for
people, an entrepreneur provides
wealth to the people. This strengthens
the economy of a country. For this
purpose Government also welcomes
entrepreneurs to start their business
AND PROVIDES SEVERAL INCENTIVES
FOR ENTREPRENEURS
3-Jan-14
30
28. WHY ENTRPRENEURSHIP IS
IMPORTANT
Entrepreneurship creates job opportunities
When an entrepreneur starts a business
using his financial assets, he must need
some time to share his work load. For
this purpose, he hires people to work
with him. As the time passes, the
entrepreneur gets satisfied that he is
investing his money in the right place. So
he starts a huge business, hence creating
more job opportunities for people.
3-Jan-14
31
31. WHY ENTRPRENEURSHIP IS
IMPORTANT
Realizing both the economic and
social
impact
of
entrepreneurship, many states
and local communities have
implemented
aggressive
strategies aimed at cultivating
and nurturing entrepreneurs
3-Jan-14
34
32. WHY ENTRPRENEURSHIP IS
IMPORTANT
Entrepreneurship
to small business
provides
strength
Most of the time, entrepreneurs prefer to
invest their money in small businesses.
Such activities of the entrepreneurs
provide strength to the small business.
So the niche markets flourish providing
strength to the economy of the country
3-Jan-14
35
33. • PODCAST ON INTEL CONCPETS OF
ENTREPRENEURSHIP
3-Jan-14
LOM-1
36
