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ENTREPRENEUR COACHING BY Dr. R.JAGANNATHAN

ENTREPRENEUR COACHING BY Dr. R.JAGANNATHAN. TOPICS FOR DISCUSSION AND INTERACTION . CREATIVITY, BREAKTHROUGH THINKING BUSINESS PLAN APPRECATIVE ENQUIIRY CONCLUSION. ENTREPRENEURS MUST HAVE A DESIRE TO ACHIEVE

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ENTREPRENEUR COACHING BY Dr. R.JAGANNATHAN

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  1. ENTREPRENEUR COACHING BY Dr. R.JAGANNATHAN

  2. TOPICS FOR DISCUSSION AND INTERACTION • CREATIVITY, BREAKTHROUGH THINKING • BUSINESS PLAN • APPRECATIVE ENQUIIRY • CONCLUSION

  3. ENTREPRENEURS MUST HAVE A DESIRE TO ACHIEVE • ENTREPRENEURS SHOULD HAVE AN OPTIMISTIC SENSE, VISION AND MISSION

  4. OUR GURU H.E.PRESIDENT OF INDIA

  5. MESSAGE OF THE PRESIDENT OF INDIA • President A.P.J. Abdul Kalam calls students to emerge as creative leaders if India was to become a fully developed nation by 2020. • He believes that one of the very important ingredients for transforming India into a developed nation by 2020, is the evolution of creative leaders.

  6. THE PRESIDENT SAID • Through this example, we can see how enthusiasm, hard work with devotion and above all the will to succeed made Shanmugappa, a successful entrepreneur. Indeed he is a role model for any level of society. • G.R. Shanmugappa started his career as a porter and today he is an entrepreneur employing over 1,200 people.

  7. INDIAN SCENARIO 20 YEARS BACK • LICENCE RAJ IN A WEAK ECONOMY • BUSINESS IN INDIA INVOLVED CIRCUMVENTION OF LAW • BUSINESS GRADUATES WERE ALSO SEARCHING FOR JOBS • MONEY FROM BANKS WAS NOT ACCESSIBLE TO SMALL BUSINESS

  8. ENTREPRENEUR RICH NDIA • India has no dearth of entrepreneurs. In fact, India has over 42 million enterprises as compared to fewer than 6 million in the US. Many of these would be micro-enterprises like the vegetable vendors, the paan shops and the like

  9. NEO ENTREPRENEURS OF INDIA • NEW ENTREPRENEURS NEED TO COME ON BOARD TO BUILD THE MEDIUM AND LARGE ENTERPRISE • INDIA HAS LESS THAN 6 LAKH ENTERPRISES AS COMPARED TO THE 12 LAKH IN THE US.

  10. SO SAYSWilliam G. Parrett, Global Chief Executive Officer, Deloitte, USA. • INDIA IS AMONG THE OLDEST INNOVATORS IN THE WORLD, WITH THE NUMBERING SYSTEM, SPINNING WHEEL AND THE GAME OF CHESS TO ITS CREDIT

  11. INDIA’S REAL CHALLENGE IS….. • TO BUILD QUALITY HUMAN RESOURCES AND INCREASE THE NUMBER OF INNOVATORS.

  12. ADVANTAGE INDIA • INNOVATION CARRIES A HIGH COST OF FAILURE, BUT INDIA’S ADVANTAGE LIES IN THE LOW COST OF DOING RESEARCH, MAKING FAILURE AFFORDABLE. • INDIA MUST LEVERAGE LOW-COST ADVANTAGE TO DELIVER HIGH-VALUE INNOVATION.

  13. GREATER CONNECTIVITY • MASSIVE SUCCESS FOR IT AND BPO INDUSTRY

  14. BUSINESS OBJECTIVES • Who are we? (Core Values) • Why are we here? (Mission) • Where are we going? (Vision) • How will we get there? (Goals and Strategic Objectives) • How are we doing? (Accomplishments)

  15. BUSINESS PLAN PREPARATION • KEEP REDOING PERIODICALLY • DEVELOPING A BUSINESS PLAN IS ESSENTIAL FOR CREATING NEW OR BUILDING UPON EXISTING BUSINESS OPERATIONS IN YOUR ORGANISATION. • SPECIFICALLY, A STRONG BUSINESS PLAN CAN HELP ENSURE YOUR SUCCESS BY PROVIDING DETAILED DESCRIPTIONS OF THE TASKS NEEDING TO BE DEVELOPED AND IDENTIFYING STRATEGIES TO DELIVER THE VALUE OF YOUR PRODUCTS AND SERVICES.

  16. YOU LEARN TO • DESCRIBE THE PURPOSE AND VALUE OF A BUSINESS PLAN • IDENTIFY THE DIFFERENT TYPES OF BUSINESS PLANS • DESCRIBE THE PURPOSE AND USES RELATED TO  EACH  PLAN • APPLY APPROPRIATE TECHNIQUES TO IDENTIFY NEW BUSINESS OPPORTUNITIES THAT BENEFIT YOUR CUSTOMERS. • ANALYZE DIFFERENT COMPONENTS OF A BUSINESS PLAN USING CASE STUDIES AND EXERCISES

  17. TENETS OF ENTREPRENEURSHIP • TIME MANAGEMENT • CASH FLOW MANAGEMENT • MONITORING CONSUMER NEEDS • RELATIONSHIP BUILDING • DEALING WITH THE COMPETITION

  18. REMEMBER • IN BUSINESS, BIG MAY SOMETIMES EAT THE SMALL BUT IT IS CERTAIN THAT FAST EATS SLOW

  19. NOVEL IDEAS THE FUTURE BELONGS TO INNOVATIVE, ECO FRIENDLY BUSINESSES SUCH AS CHEWABLE SPOON MADE OF CEREALS BY A HYDERABAD BASED WOMAN.

  20. The founder and Chancellor Mr.G.Viswanathan • To him, excellence is a continuing process - not the end of the road.

  21. CHENNAI SEPT. 6 2007 AWARDS INSTITUTED FOR FIRST GENERATION TN ENTREPRENEURS

  22. CATEGORIES • A PERSON FROM TAMIL NADU WHO HASSUCCEEDED IN THE STATE, IN INDIA AND GLOBALLY • A PERSON FROM OUTSIDE TAMIL NADU WHO HAS SUCCEEDED IN THE STATE • A PERSON FROM OUTSIDE INDIA WHO HAS SUCCEEDED IN THE STATE • A PERSON FROM TAMIL NADU WHO CONTRIBUTED TO SUCCESS BY PROVIDING AMPLE HUMAN RESOURCES,

  23. CONCLUSION • BUSINESS IS A GAME AND NEEDS COACHES FOR GUIDANCE. • COACHES NEED SUPER COACHES TO EDUCATE THEM ON THEIR COACHING SKILLS • THIS INTERACTION IS A LEARNING EXERCISE FOR THE COACH TOO

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