ENTREPRENEURSHIP Date : 8 th September 2015. The Department of - PDF document

M.C.E.SoCiEt y ’S ABEDA INAMDAR SENIO R CO LLEGE O F ARTS, SCIENC E & CO MMERCE, PUNE. DEPARTMENT OF ECONOMICS O RGANISES Post er Pr esent a t ion ent it l ed ENTREPRENEURSHIP Date : 8 th September 2015. The Department of Economics on the occasion of Silver Jubilee Celebration of our college started new programme ‘ARTHOSAV’. The programme was organized from 8 th to 10 th September 2015. This year the theme of ARTHOSAV was ‘ Entrepreneurship For Youth.’ On the first day i.e. 8 th Sept. 2015, the poster presentation entitled ENTREPRENEURSHIP was done by the department. It was for basic information about entrepreneurship like why entrepreneurship?, Types of entrepreneurship, what should be done to be an successful entrepreneur, Entrepreneurship process, Advantage of promoting youth entrepreneurship, Successful women entrepreneurs, data pertaining to women entrepreneurship, basic problems faced by women entrepreneurs, Social entrepreneurship concept, typical sectors of social entrepreneurship, Social entrepreneurship in India, comparison of entrepreneurship and social entrepreneurship etc.

Preparation work going on …. Felicitation of Vice Principal Dr. Shaila Bootwala Dr. Shaila Bootwala, Vice principal of our college inaugurated the poster presentation. She appreciated the efforts done by the department of Economics to present the posters. Even she appreciated the matter and its attractive and systematic presentation. Dr. Shaila Bootwala appreciating the posters

The students from the Department of Economics with Dr. Shaila Bootwala WHY ENTREPRENEURSHIP ?  Opportunities and support are available  Create self employment  Promote innovation  Build communities  Alleviate psycho-social problems and delinquency  Youth Unemployment is High  Help to Create Wealth and Contribute to the Economy THINK ENTREPRENEURAL TO BE SUC CESSFUL  Improve your knowledge of the industry WHAT MATTERS  Be creative  Expand business through reinvesting profits and MOST IS WHO diversifying OWNS THE CUP!  Study likely changes in business environment

TO BE SUCCESSFUL ENTREPRENEUR ENTREPRENEURSHIP PROCESS STUDY CUSTO MERS KEEP ThE FO CUS THINK O UTSIDE THE BO X CREATE W EALTH DEVELOP C REATIVE S OLUTIONS Risk t a k ing AdvAnt Age of pr omot ing yout h ent r epr eneur ship  More employers  Employees who better understand business  More innovative and socially responsible enterprises  More jobs (most likely jobs for other young people)  Better informed consumers SUCCESSFUL WOMEN ENTREPRENEURS IN INDIA NEELAM DHAWAN Source : Women & Entrepreneurship in India 2012 Study BY Women’s Web Managing Director, Microsoft India, leads Microsoft India. She is a graduate from St. Stephens College in 1980,and DR. KIRAN MAZUMDAR-SHAW also passed out from Delhis Faculty Of Chairman & Managing Director of Biocon Ltd. Management studies in 1982. She founded Biocon India in 1978 – the initial operation was to extract an enzyme from papaya. Today, her company is the bigget biopharmaceutical firm in the country. NAINA LAL KIDWAI EKTA KAPOOR She was the first Indian woman to Creative head of Balaji Telefilms, is the daughter of graduate from Harvard Business Jeetendra and sister of Tushar Kapoor. She has School. According to the Economic been synonymous with the rage of soap operas in times, she is the first woman to head Indian TV, after her most famous venture ‘Kyunki the operations of a foreign bank in Saas Bhi Kabhi Bahu Thi’ . Ekta dominates Indian Television. India. ( HSBC)

INDU JAIN MALLIKA SRINIVASAN The multi-faceted lady used to be the She is currently the Director of TAFE- Chairman of the Times Group-The Tractors and Farm Equipment, India, most powerful and largest Media house was honoured with the title of Businesswoman India has known. Indu Jain is known by of the Year during 2006 by the Economic many different identities but most Times. She joined the company in 1986 and prominently she played the role of has since been responsible for accelerating the Chairman of Times Group. turnover from 85 crores to 2900 crores within a span of 2 decades. SIMONE TATA She has been instrumental in changing a small subsidary of Tata Oil Mills into the PREETHA REDDY largest cosmetic brand in India – LAKME, Managing Director of Apollo Hospitals, synonymous today with Indian Fashion. At Chennai, one of the largest healthcare present she is the Chairperson of Trent conglomerates of India, is one of the Limited, a subsidary of Tata Group. pioneer business woman of India in the segment of Health Care Industry. W OMEN ENTREPRENEURS SURVEY 2012 By Women’s WeB SAYS… … … … SOCIAL ENTREPRENEURS IN INDIA DISTINCTION BETWEEN  VINOBA BHAVE ,’ Bhudan’ ENTREPRENEURS & SOCIAL ENTREPRENEURS  BABA AMTE- ‘Anandwan’  DR.GOVINDAPPA VENKATASWAMY AND THULSIRAJ RAVILLA- ‘Arvind Eye Care’ ENTREPRENEUR SOCIAL ENTREPRENEUR  CAPTAIN GOPINATH-‘Air Deccan’  DR.VERGHESE KURIEN- ‘Father of India’s Milk Revolution’  Exceptional ability to see new  Targeting under-served/disadvantaged/  DR.M.S SWAMINATHAN –M. S Swaminathan Research Foundation opportunities broken markets  VINEET RAI-‘Aavishkaar’  DR.DEVI SHETTY- Narayana hospitals  Determination to take those  Large scale and transformative change  ANSHU GUPTA-‘Goonj’ opportunities  CHETNA SINHA- ‘Mann Deshi Mahila Sahakari Bank’ and ‘Mann Deshi Foundation’  Unflinching willingness to take  Ethical process to reach that change  ELA BHATT-‘SEWA’ inherent risk (beyond compliance)  BUNKER ROY-‘Barefoot College’  MUDHU PANDIT DASA -‘ISCKON’  Sees that a suboptimal  Sees a stable but unjust equilibrium  BHUSHAN PUNANI AND HARISH HANDE- ‘SELCO’ equilibrium = OPPORTUNITY (not just suboptimal)  SUMITA GHOSE-‘Rangsutra’  SALONI MALHOTRA-‘DesiCrew’  Outcome focused-Creative  Is able to take the opportunity to reach  BINDESHWAR PATHAK- ‘Sulabh’ destruction new equilibrium  ARUNACHALAM MURUGANATHAM-‘Jayashree Industries’

SOCIAL ENTREPRENEURSHIP Cha l l enges Fa Ced By soCia l ent er pr ises It is an attempt to draw upon business  Hiring / Retaining Qualified Staff techniques to find solutions to social  Raising Capital problems. This concept may be applied to  Building The Value Chain a variety of organizations with different  Providing The Model’s Scalability sizes, aims, and beliefs  Navigating The Regulatory Environment  Regional Inclusiveness MODERN VIEW OF SOCIAL  Investment Exits  Developing / Refining A Business Plan ENTREPRENEURSHIP Social entrepreneurship in modern society offers an altruistic form of entrepreneurship that focuses on the benefits that society may reap. Typica l secTor s of invesTmenT of . Typica l secTor s of invesTmenT of socia l ent er pr ises socia l ent er pr ises …  AFFORDABLE HEALTHCARE . FINANCIAL INCLUSION e.g.- Affordable healthcare providers reduce the cost of service delivery through Microfinance Institutions (MFIs) act as financial intermediaries, offer products and processes innovative operating models. aimed at serving economically weaker sections of the society.  AFFORDABLE HOUSING  AGRICULTURE e.g. Affordable housing developers create economic value by minimizing construction cost and completion time e.g. - Supporting the value chain pre-harvest or post-harvest market links as well as those through integrative technical solutions and process innovations involved in the dairy production and market linkage.  ENERGY  WATER AND SANITATION e.g. - Enable access to environmentally friendly, affordable energy. Roof-top solar lighting e.g. -Typical working models for sanitation management are household toilets, pay-and-use community and low smoke cook stoves are some of the initiatives in this space. toilets and ‘ecosan’ toilets where toilet waste is used to create biofuel.  EDUCATION  LIVELIHOOD PROMOTION e.g.- Social enterprises are very active in the education of the under privileged children. e.g. promote livelihoods and those that facilitate skill development. In most livelihood enterprises, the producers These enterprises cater from early childhood to adulthood and exist in formats or artisans hold majority ownership. such as pre-schools and after-school classes, e-learning and vocational and skill development institutes.