The resource persons Mr. Mahesh Hegde, Founder, Native Circle, Bengaluru, explained the creation of new goods and services and how they improve the quality of living of companies and individuals. Entrepreneurs acquire capital from their equity sources or loans from banks to build their business which adds value to the creation of wealth, influencing the economy and industrial structure of a country directly. In his sessions he motivated the students to take up their own startups.
Mrs. Swaymprabha Hegde, Director, Sealink Inc., explained the importance of idea generation by the students, and how it enables the students to expand their range of ideas beyond current range of thinking, and she told that how thinking results in questions, more variables, and more ideas before beginning of any start-ups.
Ms. Maitreyi Hegde, Director, Native Circle, highlighted about how goal setting is a powerful process for thinking about ideal future and for motivating ourself to turn our vision of this future into reality. Process of setting goals helps to choose where we want to go in life. She also taught on Business Model Canvas (BMC model) which is graphic representation of a number of variables that show the values of an organization and how the BMC model can be deployed as a strategy tool for the development of a new organization.
Preeti Potupureddy, Trainer, Stanley David and Associates, Bengaluru, explained about importance of SWOT analysis, JOHARI window. How the SWOT analysis identifies strengths and weaknesses within a company, and outside opportunities and threats. The importance of JOHARI window model used to enhance the individual’s perception on others. She explained the two ideas like how trust can be acquired in enterprises and how to enhance the individual perception. She introduced the NLP (Neuro linguistic programming) and structural way of viewing mind and body states, developing mental maps that show how things happen and how the language is the tool we use to gain access to the inner workings of the mind, and how does NLP work in real life.
Mr. C. M. Patil, CEO, Deshpande Foundation, explained about RACI model i.e., straight forward tool used for identifying roles and responsibilities and avoiding confusion over those roles and responsibilities during a project. He explained about the concept of RACI model that is Responsible, Accountable, Consulted, and Informed, the four key responsibilities most typically used for clarifying and defining roles and responsibilities in cross-functional or departmental projects and processes in his workshop session. Later he gave a lecture on how to create RACI chart.
Amrut Patil explained about the business plan, the key part of the market analysis, the objectives of the market analysis, sustainable business, demographics and segmentation, target market, market need, competition, barriers to entry the market and its regulation.
In the three days workshop the resource persons trained the students on various entrepreneurial skills in detail which are required for them to become successful entrepreneurs. On the closing day of the workshop invited guests, Dr. Ajay Sharma Director, International Affairs, MIT and Ms Snigdha Sharma Co-founder and CEO, Robert Devies Associates Ltd., from Jaipur addressed the students and shared the information on available international fellowships for higher studies.
After the workshop the students have expressed their happiness towards the workshops. They also exhibited their enthusiasm in taking up the entrepreneurship after completion of their studies.