Sharing a snapshot of the current state of the HATKE initiative - the genesis, the thought process, the execution methodology, the outcomes, and the way forward ...
The journey continues ... heartfelt thanks to all of those, who have shown willingness, kindness and spent their time for sharing their valuable insights ...
(it's a longish article: should take @ 8-10 mins reading time)
Entrepreneurship an idea is an opportunityKarim Soliman
1. Entrepreneurship an idea is an opportunity
2. Before we start
3. Anything that is worth memorizing is worth looking up. Seth Godin
4. Definition
5. Entrepreneur: No single definition
6. Walt Disney’s definition
“…. To do things and make things which will give pleasure to people in new and amazing ways. …. It is magic!
7. Forms of Entrepreneurship
Social Entrepreneurship
Business Entrepreneurship
8. Social Business Mix
NGO (non-profit) - NGO (for-profit) - Social Enterprise Social Business - Business Enterprise CSR - Profit Maximizing Business (PMB) Business Enterprise
9. Banker to the poor "Muhammad Yunus"
10. Sir Edmund Hillary was first to conquer Mt. Everest
11. Why are they entrepreneurs?
They had little or no resources at all but they survived and achieved what they wanted in life.
12. Business Entrepreneurship
13. The business cycle, according to Larry Farrel – Int’l expert on entrepreneurship
14. Entrepreneurship Is a PROCESS
15. Why Entrepreneurship?
16. Employees VS Entrepreneur "Money".
17. Special Power
18. Why NOT Entrepreneurship?
19. Risk
20. Peer Pressure
21. Work-Life Balance
22. An idea is An opportunity
23. Add Real Value
24. Solve a Problem
25. How to Start?
26. Creativity Vs Innovation
27. The Main 4 Types of Innovation
28. Product/Service "What we DO?"
29. Process Innovation " How we DO it?"
30. Business Model Innovation "How we make Money?"
31. Positioning Innovation "In our Marketing Mix"
32. One More Thing
33. So you want to be a billionaire - Put your name here
34. We are not perfect, Phones aren't perfect.
We want to make all of our users happy. "Steve Jobs"
35. Resources
Developing Innovative Ideas for New Companies: The First Step in Entrepreneurship
https://www.coursera.org/course/innovativeideas
Samsung Case Part 2: Innovation Process
https://www.youtube.com/watch?v=YRCip1KDR18
Types of innovation - Choosing where to innovate
http://www.innovation-management.org/types-of-innovation.html
Ten Types of Innovation:
The Discipline of Building Breakthroughs
https://www.doblin.com/tentypes/
35. Thank You
@KareemSamara
Founder & CEO of Social Business Kits
http://www.sbkits.com.my
The document discusses various aspects of entrepreneurial development including definitions of entrepreneurship, the entrepreneurship process, entrepreneurial development programs and agencies, theories of entrepreneurship, and examples of famous entrepreneurs. It defines an entrepreneur as someone who takes on risks to create new businesses or services. It also outlines the entrepreneurial development cycle and discusses strategies, issues, and specialized agencies involved in entrepreneurship development.
The document discusses techniques for improving creativity such as brainstorming, mind mapping, TRIZ, and rapid prototyping. It also contrasts divergent and convergent thinking, left and right brain activity, and explains barriers to creativity like fear of mistakes or believing "I'm not creative." The relationship between creativity, innovation and entrepreneurship is defined with creativity generating new ideas, innovation applying ideas, and entrepreneurship combining both.
The document discusses entrepreneurship and its importance. It defines entrepreneurship as involving innovation, creativity, and risk-taking. Entrepreneurship is important because it drives economic growth and job creation. Today, entrepreneurship is not just limited to small businesses, as disruptive innovations from startups can now make large impacts. The status of entrepreneurship in India is also developing, with reduced barriers, available capital and mentorship, and growing incubator programs cultivating new entrepreneurs and startups.
1) Shiv Nadar is the founder of HCL, one of India's largest IT companies, and is considered the father of India's IT industry.
2) In 1976, he founded HCL with a vision to manufacture computers in India. He raised initial funds by selling scientific calculators.
3) Under his leadership, HCL became the first company to launch many IT initiatives in India such as the country's first desktop PC, home PC, and Pentium 4 PC.
4) Today, HCL is a $4.1 billion conglomerate with 47,000 employees across 17 countries and over 500 global clients. Nadar has received several honors for his contributions to India's
The HuB is a creative workspace and community in Sarasota, FL that was founded in 2009. It aims to bring entrepreneurs together to develop ideas and businesses in a collaborative environment. Unlike traditional incubators, the HuB takes a more organic approach to supporting entrepreneurs through providing resources, expertise, and networking opportunities. The goal is to foster creativity and help launch new digital ventures. Key aspects of the HuB include its emphasis on interaction and idea-sharing between members, flexible "non-plan plan" business model, and treating failure as an important learning experience.
Entrepreneurial Competencies - A New PerspectiveThe Other Home
The document discusses key aspects of entrepreneurship including defining what an entrepreneur is, identifying entrepreneurial opportunities through observing trends, solving problems, and finding gaps in the market. It also discusses personal characteristics that help with recognizing opportunities such as prior experience, social networks, cognitive factors, and creativity. Finally, it provides 10 thoughts for entrepreneurs including advice about customers, data, price pressure, and balancing profits with growth.
The document discusses various aspects of entrepreneurship and creativity. It covers topics like:
- Entrepreneurship requires applying creativity and innovation to identify opportunities.
- Creativity is necessary for survival and competitive advantage.
- The killer of creativity is self-imposed restrictions.
- Developing the right brain hemisphere can enhance creativity.
- Both logical and lateral thinking are important for entrepreneurs.
- Barriers to creativity can be overcome by techniques like brainstorming.
Entrepreneurship an idea is an opportunityKarim Soliman
1. Entrepreneurship an idea is an opportunity
2. Before we start
3. Anything that is worth memorizing is worth looking up. Seth Godin
4. Definition
5. Entrepreneur: No single definition
6. Walt Disney’s definition
“…. To do things and make things which will give pleasure to people in new and amazing ways. …. It is magic!
7. Forms of Entrepreneurship
Social Entrepreneurship
Business Entrepreneurship
8. Social Business Mix
NGO (non-profit) - NGO (for-profit) - Social Enterprise Social Business - Business Enterprise CSR - Profit Maximizing Business (PMB) Business Enterprise
9. Banker to the poor "Muhammad Yunus"
10. Sir Edmund Hillary was first to conquer Mt. Everest
11. Why are they entrepreneurs?
They had little or no resources at all but they survived and achieved what they wanted in life.
12. Business Entrepreneurship
13. The business cycle, according to Larry Farrel – Int’l expert on entrepreneurship
14. Entrepreneurship Is a PROCESS
15. Why Entrepreneurship?
16. Employees VS Entrepreneur "Money".
17. Special Power
18. Why NOT Entrepreneurship?
19. Risk
20. Peer Pressure
21. Work-Life Balance
22. An idea is An opportunity
23. Add Real Value
24. Solve a Problem
25. How to Start?
26. Creativity Vs Innovation
27. The Main 4 Types of Innovation
28. Product/Service "What we DO?"
29. Process Innovation " How we DO it?"
30. Business Model Innovation "How we make Money?"
31. Positioning Innovation "In our Marketing Mix"
32. One More Thing
33. So you want to be a billionaire - Put your name here
34. We are not perfect, Phones aren't perfect.
We want to make all of our users happy. "Steve Jobs"
35. Resources
Developing Innovative Ideas for New Companies: The First Step in Entrepreneurship
https://www.coursera.org/course/innovativeideas
Samsung Case Part 2: Innovation Process
https://www.youtube.com/watch?v=YRCip1KDR18
Types of innovation - Choosing where to innovate
http://www.innovation-management.org/types-of-innovation.html
Ten Types of Innovation:
The Discipline of Building Breakthroughs
https://www.doblin.com/tentypes/
35. Thank You
@KareemSamara
Founder & CEO of Social Business Kits
http://www.sbkits.com.my
The document discusses various aspects of entrepreneurial development including definitions of entrepreneurship, the entrepreneurship process, entrepreneurial development programs and agencies, theories of entrepreneurship, and examples of famous entrepreneurs. It defines an entrepreneur as someone who takes on risks to create new businesses or services. It also outlines the entrepreneurial development cycle and discusses strategies, issues, and specialized agencies involved in entrepreneurship development.
The document discusses techniques for improving creativity such as brainstorming, mind mapping, TRIZ, and rapid prototyping. It also contrasts divergent and convergent thinking, left and right brain activity, and explains barriers to creativity like fear of mistakes or believing "I'm not creative." The relationship between creativity, innovation and entrepreneurship is defined with creativity generating new ideas, innovation applying ideas, and entrepreneurship combining both.
The document discusses entrepreneurship and its importance. It defines entrepreneurship as involving innovation, creativity, and risk-taking. Entrepreneurship is important because it drives economic growth and job creation. Today, entrepreneurship is not just limited to small businesses, as disruptive innovations from startups can now make large impacts. The status of entrepreneurship in India is also developing, with reduced barriers, available capital and mentorship, and growing incubator programs cultivating new entrepreneurs and startups.
1) Shiv Nadar is the founder of HCL, one of India's largest IT companies, and is considered the father of India's IT industry.
2) In 1976, he founded HCL with a vision to manufacture computers in India. He raised initial funds by selling scientific calculators.
3) Under his leadership, HCL became the first company to launch many IT initiatives in India such as the country's first desktop PC, home PC, and Pentium 4 PC.
4) Today, HCL is a $4.1 billion conglomerate with 47,000 employees across 17 countries and over 500 global clients. Nadar has received several honors for his contributions to India's
The HuB is a creative workspace and community in Sarasota, FL that was founded in 2009. It aims to bring entrepreneurs together to develop ideas and businesses in a collaborative environment. Unlike traditional incubators, the HuB takes a more organic approach to supporting entrepreneurs through providing resources, expertise, and networking opportunities. The goal is to foster creativity and help launch new digital ventures. Key aspects of the HuB include its emphasis on interaction and idea-sharing between members, flexible "non-plan plan" business model, and treating failure as an important learning experience.
Entrepreneurial Competencies - A New PerspectiveThe Other Home
The document discusses key aspects of entrepreneurship including defining what an entrepreneur is, identifying entrepreneurial opportunities through observing trends, solving problems, and finding gaps in the market. It also discusses personal characteristics that help with recognizing opportunities such as prior experience, social networks, cognitive factors, and creativity. Finally, it provides 10 thoughts for entrepreneurs including advice about customers, data, price pressure, and balancing profits with growth.
The document discusses various aspects of entrepreneurship and creativity. It covers topics like:
- Entrepreneurship requires applying creativity and innovation to identify opportunities.
- Creativity is necessary for survival and competitive advantage.
- The killer of creativity is self-imposed restrictions.
- Developing the right brain hemisphere can enhance creativity.
- Both logical and lateral thinking are important for entrepreneurs.
- Barriers to creativity can be overcome by techniques like brainstorming.
ECD Lecture 1 - challenges of entrepreneurshipgayporkkkkkk
This document summarizes the first lecture of an entrepreneurship course. The lecture covered key definitions related to entrepreneurship, motivations for becoming an entrepreneur, important entrepreneurial attributes, types of risks entrepreneurs face, sources and effects of stress for entrepreneurs, and defining ethical issues entrepreneurs may encounter. Assessment requirements for the course included a business plan, individual and group assignments, and class participation. Recommended reading from entrepreneurship textbooks was also provided.
This document discusses factors that contribute to the success of entrepreneurs and small businesses, including innovation, leadership, and thinking globally. It provides examples of both the Scottish salmon farming company and Japanese automaker Mitsubishi to illustrate these concepts. While Scotland has found success with entrepreneurship, Japan lags behind other countries due to cultural factors, though the Prime Minister is working to change attitudes to encourage more entrepreneurial activity and small business growth in Japan. Thinking innovatively and internationally are important for any company that wishes to thrive in today's globalized economy.
Entrepreneurial Management / Entrepreneurship Development NotesBilal's Academy
Entrepreneurial Management / Entrepreneurship Development Complete Notes
Contents
1. Introduction to Entrepreneurship
2. Small Scale Industries
3. Starting a Small Industry
4. Preparing the Business Plan
5. Implementation of a project and Industrial Sickness
Entrepreneurship 1: Introduction, Identifying Ides & Business OpportunitiesBernard Leong
The first of my course touches on the definition on entrepreneurship, the different forms of entrepreneurship, how countries measure growth of entrepreneurship activity, and the first toolkit: how to identify ideas and business opportunities. We also provide some interesting case studies for example, Aravind Eye Centre for social entrepreneurship. This is a series based on a course "MPS 812: Entrepreneurship" I have been teaching in School of Physical & Mathematical Sciences, Nanyang Technological University.
This document discusses technology entrepreneurship. It defines tech entrepreneurship as entrepreneurship focused on opportunities enabled by technology. Tech entrepreneurs have created entirely new industries through companies like Facebook, Google, and Snapchat. Countries have benefited economically from tech sectors through investment and jobs. The document outlines key lessons from tech entrepreneurship including defining and identifying opportunities, understanding impact, and critical success factors like creating unique value, adapting quickly, hiring the right talent, and targeting large markets.
This lecture describes different types of business structures. We discuss some of the early questions that an entrepreneur must ask before committing to a business:
* Will your business be a for-profit enterprise, a not-for-profit or somewhere in between?
* What are the different requirements and resources necessary for your selected enterprise model?
* What type of financing should you target: equity, debt, grant funding or a combination of all three?
Addressing some of the early questions that entrepreneurs must ask themselves before beginning on their journey:
* What are your goals for your enterprise? (Business, nonprofit, social enterprise)
* Will your business be focussed on profit? Social benefit? Will it be a consulting practice? A service company? A product company?
* What are the different requirements and resources necessary for your selected enterprise model?
* What type of financing should you target: equity, debt, grant funding or a combination of all three?
This is the lecture that establishes the framework for the rest of the course and gets entrepreneurs on their way!
Part of the CIBC Presents Entrepreneurship 101 lecture series: http://www.marsdd.com/ent101
Why should students Start-up?
Youngsters have an advantage as they grew up with the latest digital technologies.Obvious advantage of students is that they have the luxury of time. Students have more risk-taking ability and lower sustenance cost. Their mind is sharp, they are more energetic and passionate about everything and they want to MAKE A DIFFERENCE!
The document defines entrepreneurship and describes the key qualities and functions of entrepreneurs. It states that an entrepreneur is an individual who bears the risks of operating a business in an uncertain environment. Entrepreneurs take initiative, organize social and economic mechanisms, and coordinate production. They are innovators who introduce new ideas, goods, and services. The document also discusses different types of entrepreneurs and how entrepreneurship promotes economic development.
The document discusses key aspects of entrepreneurship including definitions, characteristics, benefits and drawbacks. Some key points include:
- An entrepreneur is defined as someone who creates a new business while facing risk and uncertainty in order to achieve profit and growth.
- Entrepreneurs have characteristics like a desire for responsibility, moderate risk-taking, and confidence in their ability to succeed.
- Benefits of entrepreneurship include creating your own destiny and reaching your full potential, while drawbacks include uncertainty of income and risk of losing investment.
- Small businesses are a major part of the US economy, employing over half the private workforce and producing around half of private GDP. However, many small businesses also fail within the first few
Module 4 entrepreneurship for people in interface communitiescaniceconsulting
This module discusses entrepreneurship for marginalized and minority groups in interface communities. It explores why entrepreneurship is important, the benefits it can provide, and barriers groups may face. Case studies are presented on successful entrepreneurs, including a Syrian barber in Scotland and an Irish Traveller artist, to show how communities can support overcoming barriers. Best practices from EU projects on supporting migrant, ethnic, and marginalized entrepreneurs are also discussed.
The document provides an overview of entrepreneurship education topics including systemic entrepreneurship, social entrepreneurship, characteristics of entrepreneurship, the entrepreneurial process, startups, business models, and funding. Key definitions and concepts are discussed such as using entrepreneurship to address social problems, the importance of vision and mission, common startup myths, and customer discovery. The document also shares tips for entrepreneurs such as focusing on product/market fit and solving customer problems.
This document discusses various topics related to human capital development including coaching, training, talent management, and personal development. Some key points discussed include:
- Coaching helps individuals and teams develop skills and abilities through mentoring relationships. Coaching is an important sector for organizational growth.
- Training focuses on developing both soft skills, like emotional intelligence, customer experience, and communication, as well as hard skills like data analysis, coding, and business software. Practical application of skills is important.
- Talent management involves attracting, developing, and retaining talented individuals. It is challenging and requires resources but strategic choices can help organizations cultivate talent.
- Personal development focuses on improving individuals through examining developmental,
Here are some key questions an entrepreneur should ask themselves:
1. Specifically, what problem are you solving or need are you meeting with this business?
2. Who is your target customer and how big is the market opportunity?
3. What makes you uniquely qualified to successfully run this type of business?
4. How will you acquire customers and what is your marketing and sales strategy?
5. What is your financial plan and forecast for revenue, expenses and profitability?
Asking yourself these strategic questions will help ensure you have a solid basis and plan for starting a sustainable business.
The document discusses five common barriers to innovation: inadequate funding, risk avoidance, organizational "silos", time commitments, and incorrect measures of success. It provides questions to consider for each barrier and potential strategies to overcome them, such as leveraging networks, prototyping ideas quickly, and developing new measures of success beyond financial metrics alone. Overcoming these barriers requires understanding stakeholders, managing risks, and freeing up time for innovative work.
This document discusses creativity and the creative process. It defines creativity as developing new ideas and discovering new ways of looking at problems. Innovation is applying creative solutions to problems to enrich people's lives. Entrepreneurship results from systematically applying creativity and innovation to marketplace needs and opportunities. The creative process involves preparation, investigation, incubation, illumination, verification, and implementation. Creativity requires both logical left-brained thinking and imaginative right-brained thinking.
This document discusses barriers to creativity and innovation in organizations. It identifies several key barriers, including lack of motivation and trust among employees, lack of acceptance of constructive criticism, and conservative/authoritarian management styles that resist change. The importance of overcoming these barriers is discussed, as creativity and innovation are essential for organizations to adapt, survive, and thrive in constantly changing environments. Creativity allows for new ideas, while innovation is about implementing those ideas. Both are necessary for organizational success.
This document discusses the importance of creativity, innovation, and idea generation for business. It defines key terms like business opportunity, idea generation, and creativity. It also describes approaches to generating ideas like brainstorming and improving existing products. Brainstorming techniques are explained, and entrepreneurship is discussed as being at the core of innovation. The story of Lijjat Papad, a successful women's cooperative in India, is provided as an example of how a small idea can become a large business. Finally, some organizations dedicated to idea generation are listed.
The document discusses theories of entrepreneurship including economic, sociological, cultural values, psychological, innovation, and Harvard school theories. It provides details on the economic theory which links entrepreneurship and economic growth. The sociological theory notes social factors like culture, values, and customs influence entrepreneurs. The innovation theory posits entrepreneurs drive growth through new products, production methods, markets, resources, and organization. Overall, the document examines different perspectives on what drives entrepreneurship.
This document provides an overview of entrepreneurship including definitions, types of entrepreneurs, and roles of entrepreneurs. It defines entrepreneurship as exploiting business opportunities that exist within the scope of the market. The four main types of entrepreneurs discussed are innovative, imitating, fabian, and drone entrepreneurs. Entrepreneurs fulfill economic, social, and technological change roles. Later sections discuss developing an entrepreneurial mindset and how entrepreneurship can drive social and economic change.
Civic entrepreneurs are helping communities cooperate and compete in the information age by forging new connections across different sectors. These entrepreneurs help communities collaborate, organize their economic assets, and build productive relationships to benefit the community. Civic entrepreneurs work tirelessly on important issues and continue working overtime, which is a trait that allows them to provide continuity in their work.
Innovation Culture in Business, published in MCCIA's Sampada, Jan.2019 editionMCCIA Pune
Anand Khot in conversation with Satavisha Natu of MCCIA. Read on to get insights on areas like how organisational culture influences innovation, who wins in the debate between strategy and culture, how can employees contribute on-ground, when it comes to culture of innovation.
Anand P Khot, General Manager GR, IBM India Pvt Ltd, Vice President - National HRD Network, Pune Chapter and Member of HR&IR Committee of MCCIA and CII Pune.
ECD Lecture 1 - challenges of entrepreneurshipgayporkkkkkk
This document summarizes the first lecture of an entrepreneurship course. The lecture covered key definitions related to entrepreneurship, motivations for becoming an entrepreneur, important entrepreneurial attributes, types of risks entrepreneurs face, sources and effects of stress for entrepreneurs, and defining ethical issues entrepreneurs may encounter. Assessment requirements for the course included a business plan, individual and group assignments, and class participation. Recommended reading from entrepreneurship textbooks was also provided.
This document discusses factors that contribute to the success of entrepreneurs and small businesses, including innovation, leadership, and thinking globally. It provides examples of both the Scottish salmon farming company and Japanese automaker Mitsubishi to illustrate these concepts. While Scotland has found success with entrepreneurship, Japan lags behind other countries due to cultural factors, though the Prime Minister is working to change attitudes to encourage more entrepreneurial activity and small business growth in Japan. Thinking innovatively and internationally are important for any company that wishes to thrive in today's globalized economy.
Entrepreneurial Management / Entrepreneurship Development NotesBilal's Academy
Entrepreneurial Management / Entrepreneurship Development Complete Notes
Contents
1. Introduction to Entrepreneurship
2. Small Scale Industries
3. Starting a Small Industry
4. Preparing the Business Plan
5. Implementation of a project and Industrial Sickness
Entrepreneurship 1: Introduction, Identifying Ides & Business OpportunitiesBernard Leong
The first of my course touches on the definition on entrepreneurship, the different forms of entrepreneurship, how countries measure growth of entrepreneurship activity, and the first toolkit: how to identify ideas and business opportunities. We also provide some interesting case studies for example, Aravind Eye Centre for social entrepreneurship. This is a series based on a course "MPS 812: Entrepreneurship" I have been teaching in School of Physical & Mathematical Sciences, Nanyang Technological University.
This document discusses technology entrepreneurship. It defines tech entrepreneurship as entrepreneurship focused on opportunities enabled by technology. Tech entrepreneurs have created entirely new industries through companies like Facebook, Google, and Snapchat. Countries have benefited economically from tech sectors through investment and jobs. The document outlines key lessons from tech entrepreneurship including defining and identifying opportunities, understanding impact, and critical success factors like creating unique value, adapting quickly, hiring the right talent, and targeting large markets.
This lecture describes different types of business structures. We discuss some of the early questions that an entrepreneur must ask before committing to a business:
* Will your business be a for-profit enterprise, a not-for-profit or somewhere in between?
* What are the different requirements and resources necessary for your selected enterprise model?
* What type of financing should you target: equity, debt, grant funding or a combination of all three?
Addressing some of the early questions that entrepreneurs must ask themselves before beginning on their journey:
* What are your goals for your enterprise? (Business, nonprofit, social enterprise)
* Will your business be focussed on profit? Social benefit? Will it be a consulting practice? A service company? A product company?
* What are the different requirements and resources necessary for your selected enterprise model?
* What type of financing should you target: equity, debt, grant funding or a combination of all three?
This is the lecture that establishes the framework for the rest of the course and gets entrepreneurs on their way!
Part of the CIBC Presents Entrepreneurship 101 lecture series: http://www.marsdd.com/ent101
Why should students Start-up?
Youngsters have an advantage as they grew up with the latest digital technologies.Obvious advantage of students is that they have the luxury of time. Students have more risk-taking ability and lower sustenance cost. Their mind is sharp, they are more energetic and passionate about everything and they want to MAKE A DIFFERENCE!
The document defines entrepreneurship and describes the key qualities and functions of entrepreneurs. It states that an entrepreneur is an individual who bears the risks of operating a business in an uncertain environment. Entrepreneurs take initiative, organize social and economic mechanisms, and coordinate production. They are innovators who introduce new ideas, goods, and services. The document also discusses different types of entrepreneurs and how entrepreneurship promotes economic development.
The document discusses key aspects of entrepreneurship including definitions, characteristics, benefits and drawbacks. Some key points include:
- An entrepreneur is defined as someone who creates a new business while facing risk and uncertainty in order to achieve profit and growth.
- Entrepreneurs have characteristics like a desire for responsibility, moderate risk-taking, and confidence in their ability to succeed.
- Benefits of entrepreneurship include creating your own destiny and reaching your full potential, while drawbacks include uncertainty of income and risk of losing investment.
- Small businesses are a major part of the US economy, employing over half the private workforce and producing around half of private GDP. However, many small businesses also fail within the first few
Module 4 entrepreneurship for people in interface communitiescaniceconsulting
This module discusses entrepreneurship for marginalized and minority groups in interface communities. It explores why entrepreneurship is important, the benefits it can provide, and barriers groups may face. Case studies are presented on successful entrepreneurs, including a Syrian barber in Scotland and an Irish Traveller artist, to show how communities can support overcoming barriers. Best practices from EU projects on supporting migrant, ethnic, and marginalized entrepreneurs are also discussed.
The document provides an overview of entrepreneurship education topics including systemic entrepreneurship, social entrepreneurship, characteristics of entrepreneurship, the entrepreneurial process, startups, business models, and funding. Key definitions and concepts are discussed such as using entrepreneurship to address social problems, the importance of vision and mission, common startup myths, and customer discovery. The document also shares tips for entrepreneurs such as focusing on product/market fit and solving customer problems.
This document discusses various topics related to human capital development including coaching, training, talent management, and personal development. Some key points discussed include:
- Coaching helps individuals and teams develop skills and abilities through mentoring relationships. Coaching is an important sector for organizational growth.
- Training focuses on developing both soft skills, like emotional intelligence, customer experience, and communication, as well as hard skills like data analysis, coding, and business software. Practical application of skills is important.
- Talent management involves attracting, developing, and retaining talented individuals. It is challenging and requires resources but strategic choices can help organizations cultivate talent.
- Personal development focuses on improving individuals through examining developmental,
Here are some key questions an entrepreneur should ask themselves:
1. Specifically, what problem are you solving or need are you meeting with this business?
2. Who is your target customer and how big is the market opportunity?
3. What makes you uniquely qualified to successfully run this type of business?
4. How will you acquire customers and what is your marketing and sales strategy?
5. What is your financial plan and forecast for revenue, expenses and profitability?
Asking yourself these strategic questions will help ensure you have a solid basis and plan for starting a sustainable business.
The document discusses five common barriers to innovation: inadequate funding, risk avoidance, organizational "silos", time commitments, and incorrect measures of success. It provides questions to consider for each barrier and potential strategies to overcome them, such as leveraging networks, prototyping ideas quickly, and developing new measures of success beyond financial metrics alone. Overcoming these barriers requires understanding stakeholders, managing risks, and freeing up time for innovative work.
This document discusses creativity and the creative process. It defines creativity as developing new ideas and discovering new ways of looking at problems. Innovation is applying creative solutions to problems to enrich people's lives. Entrepreneurship results from systematically applying creativity and innovation to marketplace needs and opportunities. The creative process involves preparation, investigation, incubation, illumination, verification, and implementation. Creativity requires both logical left-brained thinking and imaginative right-brained thinking.
This document discusses barriers to creativity and innovation in organizations. It identifies several key barriers, including lack of motivation and trust among employees, lack of acceptance of constructive criticism, and conservative/authoritarian management styles that resist change. The importance of overcoming these barriers is discussed, as creativity and innovation are essential for organizations to adapt, survive, and thrive in constantly changing environments. Creativity allows for new ideas, while innovation is about implementing those ideas. Both are necessary for organizational success.
This document discusses the importance of creativity, innovation, and idea generation for business. It defines key terms like business opportunity, idea generation, and creativity. It also describes approaches to generating ideas like brainstorming and improving existing products. Brainstorming techniques are explained, and entrepreneurship is discussed as being at the core of innovation. The story of Lijjat Papad, a successful women's cooperative in India, is provided as an example of how a small idea can become a large business. Finally, some organizations dedicated to idea generation are listed.
The document discusses theories of entrepreneurship including economic, sociological, cultural values, psychological, innovation, and Harvard school theories. It provides details on the economic theory which links entrepreneurship and economic growth. The sociological theory notes social factors like culture, values, and customs influence entrepreneurs. The innovation theory posits entrepreneurs drive growth through new products, production methods, markets, resources, and organization. Overall, the document examines different perspectives on what drives entrepreneurship.
This document provides an overview of entrepreneurship including definitions, types of entrepreneurs, and roles of entrepreneurs. It defines entrepreneurship as exploiting business opportunities that exist within the scope of the market. The four main types of entrepreneurs discussed are innovative, imitating, fabian, and drone entrepreneurs. Entrepreneurs fulfill economic, social, and technological change roles. Later sections discuss developing an entrepreneurial mindset and how entrepreneurship can drive social and economic change.
Civic entrepreneurs are helping communities cooperate and compete in the information age by forging new connections across different sectors. These entrepreneurs help communities collaborate, organize their economic assets, and build productive relationships to benefit the community. Civic entrepreneurs work tirelessly on important issues and continue working overtime, which is a trait that allows them to provide continuity in their work.
Innovation Culture in Business, published in MCCIA's Sampada, Jan.2019 editionMCCIA Pune
Anand Khot in conversation with Satavisha Natu of MCCIA. Read on to get insights on areas like how organisational culture influences innovation, who wins in the debate between strategy and culture, how can employees contribute on-ground, when it comes to culture of innovation.
Anand P Khot, General Manager GR, IBM India Pvt Ltd, Vice President - National HRD Network, Pune Chapter and Member of HR&IR Committee of MCCIA and CII Pune.
TLE 504 - Introduction to Entrepreneurship.pptxMendozaPatrice
There are people around the world who are unaware of their entrepreneurial potential. It is because, an entrepreneurial capacity is not innate in every person but has to be developed. Not all human being is born to become an entrepreneur or to engage in entrepreneurship. To become one of them, the education of a person should not be impeded or hindered by being financially-handicapped. It requires an initiative and the values of resourcefulness and self-determination. Through these, the person could find the opportunities for supports to develop his/her own competencies to think and innovate. These abilities can be noted on the persons that are not contented of what they do but, to keep on thinking. In fact, there are public servants who resign from government service and engage on entrepreneurial activities. They want to exploit their full potentials and became successful in business. Unlike in government service, it is in entrepreneurship where some people became successful in life. Because of their innovative, they could immediately implement what they thought and seek government supports when necessary. Entrepreneurship can be considered a national asset, and entrepreneurs are the drivers of that asset for any country. It is a dynamic process that not only increases wealth and but can also create value that results in improved well-being. It plays an important role in changing society, so it makes sense to cultivate, motivate, and remunerate this greatest asset to the greatest extent possible (Mohamed, 2020). Universities, being a brewing spot for knowledge spillover (Audretsch and Caiazza, 2016), are considered as an engine to improve economic growth by developing potential entrepreneurs (Lackéus, 2015; Ward et al., 2019). Entrepreneurial potential is a useful concept because not only it encompasses the degree in which an individual possesses entrepreneurial-related qualities, but also accounts for entrepreneurial intentions, or the state of mind of determination to act toward creating business. Intentions are particularly meaningful because they have a reasonably high prediction power of actual behavior (Krueger, 2017; Ward et al., 2019), and it is a good proxy to overview the short-term future of business activity. Hence, teachers are introduced to the concepts and theories of entrepreneurship, including some factors that drive entrepreneurship. While the topic requires more understanding, it is also necessary for the teachers that they be capacitated to become an entrepreneur as their additional tools in the delivery of service to communities.
Future of work: Self-management, business purpose and employee engagementCoincidencity
The future of work means a lot of things to a lot of people. But maybe, instead of talking about technologies or innovation, the future of work could be about establishing more engaged, humane, soulful, purposeful organisation... if so, how do you get there?
ALL PPT INNOVATION MGT AND ENTEPRENEURSHIP-1.pptxLegeseTusse
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- Rather than big transformation initiatives, successful
This document outlines the syllabus for the course "Entrepreneurship Development (II Year / III Sem)" including 4 units: 1) Entrepreneurial Competence, 2) Entrepreneurial Environment, 3) Business Plan Preparation, and 4) Management of Small Business. It provides notes on key topics within Unit 1 including definitions of entrepreneur and entrepreneurship, types of entrepreneurs, distinguishing entrepreneurs from managers, and characteristics of successful entrepreneurs.
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The document discusses the history and purpose of management offsites, as well as strategies for making them more effective. It notes that originally offsites were intended to carve out time for strategic thinking, but often devolved into presentations and reviews. To maximize value, the document recommends: exploring problems for 80% of time instead of quickly solving them; listening to diverse perspectives to foster new insights; and focusing on understanding the broader system and disruption trends instead of just annual plans. The goal is to spark creativity, build collaboration, and sow seeds for transforming the industry.
This document outlines an introductory course on entrepreneurship for freshman students. It covers 7 chapters: the nature of entrepreneurship, business planning, business formation, product/service development, marketing, business financing, and managing growth. Chapter 1 defines entrepreneurship and entrepreneurs. It discusses the types of entrepreneurs and their roles in economic development. Qualities of successful entrepreneurs like opportunity-seeking and risk-taking are also covered. The chapter outlines the entrepreneurial process and competencies needed like creativity, innovation, and adapting to different environments.
In this edition of the CIO Look magazine – ‘Champions of Change 2021’, we attempt at dissecting the moves and decisions of the six excellent leaders featured in this edition to get a better understanding of the leadership mindset.
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“My Story : A Motivational Session” – Shirish Kulkarni : Sence of #Gratitude Shirish Kulkarni
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A story - not sure "if inspirational and motivational" .. a humble start and a long way to go ..
Would quote the saying by G W Carver
"Start ... where you are ..
with ... what you have ...
Make ... something out of it ...
Never be satisfied"
- G W Carver ..
Felt truly grateful by this opportunity from KDK college of engineering .. giving me an opportunity for the gesture of "give back" .. a sense of "gratitude" ...
There is a wide range of Incubation Centers getting instituted and need continuous inputs to build the Strategy, roadmap, Governance Model, Execution Model - STROTA has embarked upon providing this key element of input to the deserving entities ..
Shirish Kulkarni addressing MBA Students of IIEBM INDUS @ EntrepreneurshipShirish Kulkarni
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Entrepreneurship in Technology space - Challenges and Ingredient to success ..Shirish Kulkarni
Entrepreneurship in Technology space - Challenges and Ingredient to success ..
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It's always a sense of fulfillment to share the experiences and guidance to the young and budding entrepreneurs and seeing them picking up from there and learning their own ropes for their ideas, innovations, concepts and realize their dreams ..
Always looking forward for more of such interactions bringing the Acemedia and Industry closer in a structured approach ..
#innovation #technology #learning #entrepreneurship #education #industryacademia #technologyforgood #incubationprogram #incubationcentre #startupcommunity #entrepreneurshipeducation
Business Profile of Shirish Kulkarni (October 2021) Shirish Kulkarni
Shirish Kulkarni is an experienced business consultant and founder of STROTA ConsulTech Pvt Ltd. He has over 25 years of industry experience working with large companies such as Tata Consulting Engineers, KSB Pumps, TELCO, and Tata Motors. Currently, he helps small and medium businesses grow by providing consulting services. Some of his accomplishments include helping a manufacturing company increase revenue by 300% and working with an IT company to change their business model. He has also published several articles on digital transformation and started initiatives like HATKE to promote business continuity during COVID-19.
STROTA - A perspective on Entrepreneurship : Demystifying the myths Shirish Kulkarni
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It's important for business owners to know easy way to steer their growth. The Founder & CEO of STROTA ConsulTech sharing his knowledge and experience with 100 SMB businesses and sharing 5 Golden ways to grow the business ... Simple, but powerful back-of-the-envelop calculations could lead you to create and steer your own path for business growth.
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STROTA reaching out to Small & Medium Size Businesses with a established and ...Shirish Kulkarni
Having been there and done transformation for customers like Dynalec Controls Pvt Ltd, STROTA is taking this to the newer heights by making it available for the larger segment of Small and Medium Businesses - with a proven methodology
Offerings by Dynalec :: Fuel and Coolant Handling Systems
Dynalec takes ownership of the design, manufacture, delivery, maintenance, running, monitoring and control of the test facilities for it’s customers
Dynalec is closely working with customers to reduce their maintenance, breakdown and operations costs of the test beds and protect them from financial and operational risks ..
Dynalec provides it’s own (ISO-9001 Certified) Engine Test Facility on-rent for carrying out endurance testing of engines.
Dynalec Controls Pvt Ltd is bringing new offerings by enhancing its value proposition to the market … IIoT based Remote Monitoring – to ensure operational continuity, prediction and control, Opex Model – to reduce the financial capital risks, Test-facility on Rental – to address the sudden demands in testing and Annual Maintenance Contracts (AMC) – for maintenance, overhaul and calibration of your existing test-beds
Dynalec Controls Pvt Ltd is an Indian company that provides engine testing systems and facilities. It aims to be a global leader in test equipment through innovative products and adherence to ethical values. Dynalec takes ownership of designing, manufacturing, delivering, maintaining and controlling test facilities for customers. It provides a rental engine test facility and works closely with customers to reduce costs. Dynalec also offers innovative models like operating test beds to transfer risks and costs to customers. It has over 30 years of experience providing integrated engine test solutions.
ISA IIoT Conference : Using IIoT in Engine Test BedsShirish Kulkarni
The document provides an agenda for the 2nd Industrial IoT Conference on Digitalization of Manufacturing through Industry 4.0 to be held on November 24th, 2018 in Pune, India. The one-day conference will include keynote speeches, technical sessions, and panel discussions from 9 am to 6 pm on topics related to Industry 4.0 and the Industrial Internet of Things. It will take place at the Hotel Sheraton Grand and is sponsored by various organizations. The agenda outlines the schedule of events and list of speakers.
Dynalec :: How IIoT is enabling the change in Business Model? Shirish Kulkarni
Dynalec presented a perspective on how they are moving from "product sale" (Engine Test Beds sale) to a Services model leveraging the IIoT as an enabler.
Dynalec specializes in undertaking turnkey projects for the design, manufacture and commissioning of Engine Test-beds for Auto and Engine OEMs
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STROTA is taking on the growth of Small and Medium Businesses and demonstrating results to it's reputed customers ... Taking next steps of 1) Going across Geographies for the businesses 2) Shaping up Franchisee Model for it's own growth and Market Reach ...
Having been there and done that for @ 100 customers, STROTA is poised into the next leap of "value addition to the customers"
#business growth #business consulting #business transformation
PREVIEW : Eunoia - The Alluring Thoughtfulness by Surabhi KulkarniShirish Kulkarni
This is Surabhi Kulkarni’s third poetry book as a writer, after the first bouquet “Mosaic Hearts Never Fade”, and second “Do They Feel?”. The first one covered the emotions of the early aged teenager and how the stability of these hearts keep them going on and on – never to dither or fade. While the second one dealt with the deeper feelings and emotions of a teenager towards “them” – asking a question “Do they really, feel?”.
This book is a logical sequel for these previous two books, in which the main bridge between the individual and the world is getting highlighted – the thoughts – the main connect between how one is and how one perceives – how the experiences differ when taken in different context of thoughts – thoughts are the main building element of all the relationships existing around us. Those alluring thoughts – which heighten the experiences – are the ones which are getting leveraged in this book in the form of various poems.
This book brings out deep feelings, expectations, associations, and experiences of an individual, at times a group of individuals, at times some imaginary entities with the rest of the world. The feelings at times show brightness, darkness, discoloration and ambiguity – leaving the meanings to be taken to the audience of the poem.
STROTA is on the success trajectory to have worked with @ 50+ SMB clients and growing its footprint by specialization in the business growth as a focus area.
The Company manufactures and supplies Engine & Chassis Dynamometerswith all Accessories and undertakes turnkey projects for the complete set-up of Engine Test Facility which includes Acoustic Enclosures, Water Circulation System with Cooling Tower, Engine Flue Gas Extraction System, Air Handling System and fully automated Engine Test System with match-plates, engine mounting pallets/trolleys with auto docking and Computer controlled Engine Performance Monitor.
The Company provides Engine Test Facility for carrying out endurance testing of engines. Two numbers of engine test beds with EDA&CSS have been erected in a separate premises of about 4000 sq. ft. area in the factory premises.
STROTA's Capabilities, Target Markets, Customer Success Stories, Specific focus / asks
STROTA has built up a lot of credibility over period of last 2 years ..
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[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This presentation is a curated compilation of PowerPoint diagrams and templates designed to illustrate 20 different digital transformation frameworks and models. These frameworks are based on recent industry trends and best practices, ensuring that the content remains relevant and up-to-date.
Key highlights include Microsoft's Digital Transformation Framework, which focuses on driving innovation and efficiency, and McKinsey's Ten Guiding Principles, which provide strategic insights for successful digital transformation. Additionally, Forrester's framework emphasizes enhancing customer experiences and modernizing IT infrastructure, while IDC's MaturityScape helps assess and develop organizational digital maturity. MIT's framework explores cutting-edge strategies for achieving digital success.
These materials are perfect for enhancing your business or classroom presentations, offering visual aids to supplement your insights. Please note that while comprehensive, these slides are intended as supplementary resources and may not be complete for standalone instructional purposes.
Frameworks/Models included:
Microsoft’s Digital Transformation Framework
McKinsey’s Ten Guiding Principles of Digital Transformation
Forrester’s Digital Transformation Framework
IDC’s Digital Transformation MaturityScape
MIT’s Digital Transformation Framework
Gartner’s Digital Transformation Framework
Accenture’s Digital Strategy & Enterprise Frameworks
Deloitte’s Digital Industrial Transformation Framework
Capgemini’s Digital Transformation Framework
PwC’s Digital Transformation Framework
Cisco’s Digital Transformation Framework
Cognizant’s Digital Transformation Framework
DXC Technology’s Digital Transformation Framework
The BCG Strategy Palette
McKinsey’s Digital Transformation Framework
Digital Transformation Compass
Four Levels of Digital Maturity
Design Thinking Framework
Business Model Canvas
Customer Journey Map
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HATKE : Business Continuity – An Initiative to reflect Positivity in the COVID-19 Context !
1. - Created / Updated by : Shirish Kulkarni : 1-Nov-2020
HATKE : Business Continuity – An Initiative to reflect
Positivity in the COVID-19 Context?
LikeSmall and Medium Businesses - How to Grow?
Shirish Kulkarni
Founder & CEO at STROTA
ConsulTech Pvt Ltd
About the Author : Shirish Kulkarni has spent @ 25
years with global corporate global companies in driving
various innovative and transformational programs
across organizations and later has taken up the
mammoth task of enabling growth in Small and
Medium Businesses. He believes in "Reaching out to
the bottom of the pyramid" for bringing the actual
grass-root level changes in the entrepreneurs who
really want to make an impact. He is pursing his own
path to "Commoditizing Business Consulting" - to offer
the packets of transformation which are affordable
and demonstrable to the MSME sector. He has
analysed @ 150+ organizations and demonstrated such
transformations for @ 25+ organizations successfully –
as a highlight : one of the manufacturing companies
Dynalec Controls Pvt Ltd showing the top-line growth
of @ 300% in 3 years
Executive SUMMARY :
In March-2020 the whole business world got hit with a bold question – How do I
maintain my continuity of life, family, basic needs, business, society moving forward, when
there is only DARKNESS within the tunnel and NO LIGHT till the end of the tunnel ... The
HATKE initiative is a platform for reflecting positivity based on successes, innovative
solutions, novel thought processes, different ways to handling the challenges by various
individuals – by reflecting their personal peculiar characteristics of tenacity, persistence,
creativity and examples of how those get applied to their professions or businesses. The
HATKE platform covers interviews of various eminent industry leaders, professionals,
thought provokers, thought leaders to unleash the possibilities that each one of us can
explore in our contexts by extrapolating the examples they have gone through … With
business continuity as the current theme, the discussions are woven around business
innovations, new business models, new industry verticals and through some unique
2. - Created / Updated by : Shirish Kulkarni : 1-Nov-2020
achievements by some popular, some very well known, but some absolute un-sung Hatke
individuals … A big thank goes to their gesture to contribute to this initiative to spread the
positivity.
The CONTEXT :
When it was evident that there will be a complete lock-down from March-20 and
then, it got extended and extended – everything got closed and hence the businesses came
to a stand-still, halt a pause (not knowing about a restart !) . This sent the whole industry
and the human race into a jolt and panic state … leaving them to figure out ways and finding
meanings to create “ray of hope”, “light at the end of the tunnel” .. It’s clear that if the
leader leaves “hope”, the battel will be lost before it’s even begun … I thought that this is
the time, that we should take views of individuals who are thinking differently, they have
their inherent optimism, they have capabilities to deal with the ambiguities around, they are
innovative to figure out their own ways to sustain - not only themselves, but their families
and business … Their insights, thought processes, their positivity, their way of looking at the
situation, their way to bund back, their way to take this situation as “part of the sine wave –
as it goes up, it will come down” – would create the required positive impact on the rest of
the community / industry / individuals / minds etc. With this motto, the journey of HATKE
interviews was started – H standing for Health, A – Attitude, T – Technology, K –
Knowledge, E – Engagement: which are basis pillars to leverage your positivity in the
context of business (situation) you are in. Have spoken to 70+ individuals from various
industry verticals, professions like Doctors, Engineers, Doctors, CAs etc, to capture their
state of mind, way of thinking, problem solving approach and ability to excel in the most
challenging situations .. This has created a documentation of these individuals to reflect
how they are not-only sustaining but also using this as an opportunity to bring betterment in
their current business process, models and way-of-working.
It’s indeed a gesture of Giving Back to have done “a bit for the industry” that we are
working for and spread positivity and ray of hope for the deserving audience.
3. - Created / Updated by : Shirish Kulkarni : 1-Nov-2020
The CORE Thought :
In the current context of CORONA Virus Outbreak from March 2020, it’s a very clear
message that “sustenance during this year is the sole measure of success” “if you survive
this time, both physically for your life and business wise, then you can think of any other
things to be done in the days to come” … This is evident and hence the focus of my thought
process was to “talk about business or individual continuity or survival – novel ways to be
able to do that” and how we are getting the current situation turned into an opportunity
and setting our future in the new normal.
One needs to use Frugal ways to run one's business or possible portion of the
business. As the businesses have not running apart from Mar-20, apart from those
required for most basic necessities to be run like Roti-Kapada-Makan like food / groceries /
vegetables / medicines / healthcare / hospitals ... etc .. But rest of the businesses are STAND
STILL - with ZERO revenue, no promise to get the payments for the services / products
already delivered .. having limited kitty of money to be able to run the business for next 6
months .... the daunting expenses like employee salaries, supplier payments, loan
repayments, government compliance costs etc standing in-front and scaring you further ..
doesn't it sound too drastic? it indeed does .. There is a good amount of negativity around
and many of the business owners are losing their patience / hope in their mind ... The key to
success here is to bring the business owner to bring a ray of hope in their thinking, to return
their confidence level, build a possibility of turn-around for his own life, his own business
and start being positive and his conviction starting reflecting across to his employees,
customers, his suppliers ...
The GENESIS of HATKE :
Thought, that we can play the mirror role and reflect the passivity through talking
to, exploring and unfolding thought processes of various industry leaders, innovators,
thought leaders, academicians, professionals – to unearth the way they think, the way they
4. - Created / Updated by : Shirish Kulkarni : 1-Nov-2020
front-end and tackle the challenging situations, how they respond neutrally and enhance
their own potentials to be able to surpass the questions in front of them, how they nurture
hopes …
A frugal model of on-line interview through a video platform getting recorded at
mutually convenient time and then to publish it with a humble social platform without any
commercial strings attached was thought of and got stabilised as the number of interviews
happen and refinements kept on happening …
To give the credit back to the power of the concept (give the credit back to the
almighty that sent a message to and through me) and hence the smooth execution , have
been able to complete @ 70+ interviews till now – covering who’s who like Dr Raghunath
Mashelkar, Mr Ravi Pandit (MD, CEO – KPIT), Pandma Bhushan Dr Ashok Kukade etc .. its
because they are so much great, that they could appreciate the noble gesture behind the
platform and hence the interview could get organized, conducted and published … I am
playing just the catalyst and interface role to make the positivity getting reflected, spread,
absorbed and inherited further .. It’s a long continuous journey … In Marathi it’s called as
“वसा घेणे – व्रत घेणे” is the way to put it .. it will continue, and self-propel itself.
The CONCEPT of HATKE :
The core thought behind the HATKE concept is about ability to maintain business
continuity with a set of differentiated ways / innovative approaches / lateral thinking /
frugal solutions .. basically, the most appropriate word I found was HATKE (applicable in
Marathi and Hindi हटके – meaning, doing something “in a completely different /
differentiated / modern ways, which is not thought earlier” ... in other words as an “out-of-
the-box” approach.
It's well known that “necessity is the mother of invention” and is aptly applicable in
the current pandemic situation of lockdown – we are forced to the wall and are into
pressing and compelling conditions and hence there are good amount of chances that
5. - Created / Updated by : Shirish Kulkarni : 1-Nov-2020
“innovation” is going to happen in all areas of possibilities. We just need to keep the focus
and not get deterred from the work / priorities / decisions / actions in hand, but on the
contrary – keep continuing to maintain the life / business-as-usual and aim at eventually
evening out on the current losses / shortcomings / new methods in the new normal to
benefit more.
The 5 pillars of Health, Attitude, Technology, Knowledge and Engagement mark the pillars
for the way for an individual and a business to mark their survival and contiguity in the
current challenging context. First focus on your own Health and Business Health in the
form of managing the cash in hands. The positive Attitude has no options to ensure that
“you don’t become your own death statement”. Use of Technology is a must to be relevant
and become effective leader for the new solutions you want to carve out. Sharing of
Knowledge, reskilling and opening avenues for new domains to be opened. Engagement
with the current markets with existing and the newer markets for new value propositions is
critical to mark yourself a “leader” position to give you the “early mover’s advantage” … This
6. - Created / Updated by : Shirish Kulkarni : 1-Nov-2020
is the most advantageous state in life that you must encash by adding HUGE value to
YOURSELF and your BUSINESS.
The CURRENCY NOW :
(during the lockdown) With money transactions happening mainly (only!) happening
for the most-essential commodities like Food-Cloths-and-Shelter (Roti-Kapada-Aur-
Makaan) and some degree to transportation – the current currency is NOT MONEY, but the
way you help others, way you have faith in your future and others capabilities, how you
share positive thoughts, new ideas to circumvent the issues / problems, the goodwill you
create to compassionate listening to your employees, by helping the others smaller
businesses to keep surviving, how you leverage your own branding and help others to
create visibility and credibility in the market through various marketing initiatives, the pro-
bono efforts you take for your own survival and others, which will pay them and you back
at the later state, the training, knowledge sharing you drive for yourself and others to mark
your own and others growth. These are some of the key elements on which the businesses
are going to transact for a while and these being very basic elements of human
transactions, are just to be adopted – but unlearning the normal ways of transactions –
which are completely, brutally and materialistically based on MONEY as the CURRENCY. This
new CURRENY will elevate the individual SPIRITUALLY and hence the businesses will
happen on a HIGHER plane of UNDERSTNADING and this alignment will help hugely in the
new NORMAL as the normalcy returns..
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THE HATKE PERSPECTIVES:
It has been interesting 8 months to speak to personalities from diverse industry
verticals – Education, Food, IT, Doctors, CA’s, Art, Real Estate, Research, Thought
Leadership, Manufacturing, etc – coming from various backgrounds, with age, location,
education as not a criteria – but the only criteria being Hatke – in the way of working,
thinking, executing, approaching situation, finding solutions, sailing through and
encouraging others …
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For more in-depth analysis of the insights compiled together, there is an efforts by 5 MBA
students undergone and will be shared separately.
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The EXERPTS from HATKE EXPERT’s
1) Maintain Business As Usual
2) There is “a Light at the End of the Tunnel”
3) This is temporary: it has come and will go
4) This is definitely BETTER than WORSE –
5) Focus on Self / Business – ReAlign, ReConfigure, Rejuvenuate, ReInvent, ReFocus
6) This is like a industry wave – will go down and come up
7) Its throwing OPPORTUNITIES
8) Your CUSTOMER’s mind is AVAIALBE
9) GOODWILL is the new CURRENCY
10) Be RELEVANT
11) Be the FIRST MOVER
12) KONOWLEDGE is POWER
13) Reach out to the Customer – before being your customer, he is a HUMAN
14) TRY it out – FAIL and LEARN
15) Go as REQUEST for HELP
THE NEW NORMAL :
The whole world will undergo a reincarnation / revolution and will come to a new
equilibrium, a new status-quo, a new state-of-being, a new-way-of-life called as “the new
normal”. Some of the dimensions which will be obviously change are evident and could be
documented immediately as depicted by the picture below, but the impact is supposed to
be deep-rooted and have a lasting and perennial effects that need continuous observation,
acknowledgement and acceptance. The new normal could be drawn from the individual, the
business and industry point-of-view and the change of state is definitely going to bring some
welcome changes to bring positive ways of working.
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The ACKNOWLEDGEMENTS :
Would like to thank all the individuals who got convinced by the concept of HATKE
interviews and have spared time to share their value-able inputs / insights for the benefits
of the audience. It had been our endeavour to play a mirror role to reflect and pronounce
the learnings from these individuals verbatim and without any distortion to the larger
community. No worlds thank them for the generosity and willingness to spread positivity
further. The blessings and goodwill so developed in the audience has its credit going back
to all of these individuals and we playing a plain catalyst role. Thanks a million, and God
Bless.
The SUMMARY :
The nature has given a severe jolt to the mankind in the form of this event of
pandemic and has brought everyone at the equal level. This brings a “sense of gratitude”
towards nature and other elements of this nature. When so much grounded, there are new
ways of living life, doing business and maintaining continuity and survival have evolved and
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will keep evolving. The state of acceptance and then accepting these changes gracefully to
mark the progression of life is the key to success for the individual and the business owner.
The H-ealth takes the highest priority for the individual (physical & mental) and
businesses (financial and operational) – to ensure the survival in this tough situation. An
optimistic and positive A-ttitude is a must have to mark thinking of ways to come out with
solutions. For the businesses, the adoption of Digital T-echnologies will be giving a boost to
the business processes for making them lean and effective. Reskilling, acquisition of newer
business lines and sharing of K-nowledge will be a key to success. The E-ngagement with the
business ecosystem – the vendors, suppliers, investors, customers marks a major element of
progress and mutual existence in the current pandemic situation.
In short – “The Change is the only constant” and “keep adopting and adpting to keep
being relevant” .. This is a “temporary phase” and “there is a light at the end of the tunnel”
Whats NEXT :
This initiative will continue and keep seeking various professions, incorporations and
individuals at various capacities and aiming to spread happiness. Thgouth, that this will end
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at 10 then 50 interviews, but now it’s already clocked 70+ interviews and we will have 100
soon. Experts have said that, it’s a valuable documentation (if not documentary) of the
snapshot of the business and individuals state-of-mind and even can trigger deeper study to
relate to the essential leadership traits in the crisis management situation. A
comprehensive book outlining this initiative in greater depths is also in offing to spread
wider awareness.
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The REFERENCES :
1. The HATKE YouTube Channel :
https://www.youtube.com/channel/UCOOz0CxkkAuWBkdv4_ac8Lg
2. Some prominent interviews
• 1) Dr Raghunath Mashelkar - https://youtu.be/wR_6yuMwnOo
• 2) Ravi Pandit (CEO, MD - KPIT) - https://youtu.be/7WOr5Cjkw3A
• 3) Pandma Bhushan Dr Ashok Kukade - https://youtu.be/iu61YlKXj_4
• 4) Prashant Damle - https://youtu.be/jsI_bguV02c
• 5) Dr Saleel Kulkarni - https://youtu.be/njUzqSsBWHc
• 6) Niranjan Kirloskar - CEO FleetGuard - https://youtu.be/9xWXsn7ltf0
• 7) Dr Sahastrabudhe- Chairman AICTE - https://youtu.be/bkTW4jKc5cA
• 8) Gaurav Marya - MD, Feanchisee India - https://youtu.be/etNY6t6yOzk
• 9) RR Deshpande - Ex MD Kirloskar Oil Engines -
https://youtu.be/1_n5DEIZNYw
• 10) Dr Girish Bapat - Head, Jnanaprabodhini - https://youtu.be/COry-jIEQFQ
• 11) Shrikanth Moorthy - CIO, Tata Technologies -
https://youtu.be/C76UnM2S3qY
• 12) Narendra Goidane - Founder, Life School -
https://youtu.be/pphGbX5AsXg
• 13) Sundndan Lele - Sports expert - https://youtu.be/UtUmVuI-Vzw
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• 14) Dr Prasad Rajhans - head ECU, DMH - https://youtu.be/0G1yJ0ltUec
• 15) Charuhas Pandit – Owner of the Chintoo Concept -
https://youtu.be/YhDW36Bvmow
The CONTACTS :
- Created / Updated by : Shirish Kulkarni : 1-Nov-2010
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