Upload
yasodhaaechu
View
224
Download
0
Embed Size (px)
Citation preview
8/2/2019 BITS Entrepreneurship Model DEl
1/22
CELCenter for Entrepreneurial Leadership
BITS Entrepreneurship Model
P.Yasodha,MBA
8/2/2019 BITS Entrepreneurship Model DEl
2/22
Center for Entrepreneurial Leadership, BITS Pilani
OPPRRTUNITIES FOR
ENTREPRENEURSHIP INDIAN ECONOMY
Most lucrative and exciting emerging markets in the worldtoday .
19th century belonged to Europe, 20th century belonged toAmerica and the 21st century is likely to be Asias.
Goldman Sach has rightly commented that Economics ofKnowledge if exploited properly, could lead India intoworlds three biggest economies by 2050
The critical input to give a big boost to Indian Economywould be the entrepreneurial mindsetof its humanresources.
8/2/2019 BITS Entrepreneurship Model DEl
3/22
Center for Entrepreneurial Leadership, BITS Pilani
KNOWLEDGE DRIVEN ENTREPRENEURSHIP
Intellectual property and its impact would play acritical role for breeding and nurturingentrepreneurship.
The size of emerging market opportunities in the ITsoftware industry alone is expected to touch $50billion (Rs2,30,000 crore) by the year 2009.
To respond to this challenge Indias pool of softwareprofessional has to increase from present level of 8lakhs to 21 lakhs by 2009.
8/2/2019 BITS Entrepreneurship Model DEl
4/22Center for Entrepreneurial Leadership, BITS Pilani
BITS CORE STRENGTHS
1. BITS- Industry Linkage & Distance Learning ProgrammeStarted in 1973. At present this linkage has been institutionalized with 208 organizations .
Asiaweek has rated BITS DLPD Program as No.1 in India and No.3 in Asia.
At present 28 Programme of studies are run in collaborative arrangement with 80organizations.
3. Academic- StrengthWith a Faculty base of 323, 65% of who teach interdisciplinary courses, 33% haveproduced text material and books and 93.5 % are PhDs or pursuing PhDs.
4. Motivated large captive high quality student population.High Quality Student Input. Innovative and flexible educational system predisposes themto new ideas and innovative approaches and hence greater probability of their turning outto be entrepreneurs.
5. BITSAAVery active and dynamic Alumni Body - Entrepreneurship Centered
6. DST/UGC
8/2/2019 BITS Entrepreneurship Model DEl
5/22Center for Entrepreneurial Leadership, BITS Pilani
ENTREPRENEURIAL
OPPORTUNITIES
KNOWLEDGE
INDUSTRY
OPPORTUNITIES
BITS
ENTREPREN
EURSHIPOPPORTUNI
TIES
BITS ENTREPRENEURSHIP
OPPORTUNITIES SPACE
8/2/2019 BITS Entrepreneurship Model DEl
6/22Center for Entrepreneurial Leadership, BITS Pilani
BITS
BRAND
EQUITY
STUDENTS
4000 HIGH QUALITY ON
CAMPUS, 10300 OFF CAMPUS
PURSUE 28 GROUP PROG. ATFIRST, HIGHER DEGREE &PhD
INDUSTRY
> 208 ORG.OPERATE
PS I/PSII
DLPD 28 PROG. > 2500
ORG.HAVE SPONSOREDEMPLOYEES TO WILP
ALUMNI30000
HIGH INCIDENCE OF
ENTREP.
FACULTY
323 MEMBERS,33% PRODUCED TEXT
MATERIAL & BOOKS
GOVERNMENT
UGC/DST
ENGAGING STAKE HOLDERS
NEN
CEL
8/2/2019 BITS Entrepreneurship Model DEl
7/22Center for Entrepreneurial Leadership, BITS Pilani
Strong Alumni Network
Institutionalized industry linkage
Support from Government
Enthusiastic faculty members
Unique and Flexible Learning Environment
High quality student input
Above all NEN partnership
We ensure that each stake-holders
interest is taken care of and mutual
benefit is derived.
Instrumental in Systematic Promotion of
Entrepreneurship
Our Model Based on
8/2/2019 BITS Entrepreneurship Model DEl
8/22Center for Entrepreneurial Leadership, BITS Pilani
Center for Entrepreneurial Leadership and notCentre for Entrepreneurship set-up as the eighthcenter of excellence in 2002-03.CEL-BITS could getrecognition of becoming a part of five institutionsselected (out of 200 institutions, which participated)through a rigorous process of selection by the
Wadhwani Foundation for forming a hub for NationalEntrepreneurship Network (NEN).
Vision and the Missionof CEL are To createbusiness leaders in all spheres of life withentrepreneurial thinking and To inspire BITSiansto play a prominent role in leading diverseentrepreneurial activities in the country and making asignificant contribution in global entrepreneurialinnovation
CELVISION .
8/2/2019 BITS Entrepreneurship Model DEl
9/22Center for Entrepreneurial Leadership, BITS Pilani
BROAD GOALS
Facilitate entrepreneurial activity on campus.
Sow the seeds of entrepreneurial leadership across
disciplines.
Bridge the gap between industry and the academic
curriculum.
Facilitate commercialization of R&D efforts at BITS.
Inculcate the value of social responsibility in every BITSian.
Channelizing innovation and creativity of students towards
productive outcomes.
Build a high quality eco-system on-campus to support
resource strapped start up ventures.
8/2/2019 BITS Entrepreneurship Model DEl
10/22
Center for Entrepreneurial Leadership, BITS Pilani
STUDENTACTIVITIES
EXECUTIVEDEVELOPMENT
ENTREPRENEURIALEDUCATION
ENTREPRENEURSHIPDEVELOPMENT
PROGRAMMES
WORKSHOPS
SHORT DURATIONPROG.
CONFERENCES
CONQUEST
BbB
MELS
APOGEE
AlumniEntrepreneur Meet
PROGRAMMES
OFF-CAMPUSDISTANCELEARNING
-GMP
- B.S/M.S
- COURSES
- CASES
SPECIAL STUDY
ORIENTEDPROJECTS
FACULTYDEVELOPMENT
PROGRAMMES
PUBLICATION
BOOKS
MANUALS
PAMPHLETS
PAPERS/ARTICLES
NEWSLETTER
CEL- Deliverables
8/2/2019 BITS Entrepreneurship Model DEl
11/22
Center for Entrepreneurial Leadership, BITS Pilani
AWARENESS
KNOWLEDGE/COMPREHENSION
ATTITUDE CHANGE
INTENTION
ENTREPRENEUR-SHIP/VENTURE
BBB
DISTANCE
LEARNING PROG.
MELS
COURSES
BUSINESSSIMULATIONGAMES/I4RI
CONQUEST
SDP/SEMINARS/CONFERENCES
EDP/WORK-SHOPS
INCUBATION
BITS ACTIVITIES- IMPACT MODEL
8/2/2019 BITS Entrepreneurship Model DEl
12/22
Center for Entrepreneurial Leadership, BITS Pilani
Structural Framework for Entrepreneurship
Development Programmes at BITS
Entrepreneurship Basics
Self-assessment/Creating anEntrepreneurial Mindset
OpportunityIdentification& Assessment
Business PlanPreparation
Creating & Startinga Venture
Financing New Venture
Managing
Change& Growth
Pedagogy ForConduct of
EDPs
ExperientialPedagogy
using Games,Cases,
Presentations,Assignments,
Educational Films,Group Activities,Interaction with
Entrepreneurs
Project work linkingvarious Modulesrunning through
the Programme isan essential Feature
8/2/2019 BITS Entrepreneurship Model DEl
13/22
Center for Entrepreneurial Leadership, BITS Pilani
CURRENT STATUS at a glance
2 Introductory Courses
2 Specialized Electives
1 Faculty Development Programme on Entrepreneurship
1 National Conference on Entrepreneurship Culture in Sept 2005
1 National Convention on Energizing Entrepreneurship in Academia Through Innovation in Oct2006
4 Business Plan Competitions CONQUEST2005 first winning team from BITS Jan SwasthyaRakshak went on to win the first prize in the A.Lorne Weil Outrageous Business Plancompetition conducted by Columbia University and the runners-up Habits have alreadystarted the venture (www.habits.in). BITS team also won the second prize in business plancompetition organized by IIM Bangalore in 2005. In April 06 Mobile Medics Business Plan wontop honors in the 2006 Global Social Venture Competition (GSVC) (www.socialvc.net).CONQUEST is now listed on the directory of Global Business Plan Competitions
A Faculty Member from BITS participated in the Global Faculty Colloquium that provides
faculty around the world with details on how to create and operate multi discipline and multi-functional entrepreneurship Center between April 16-27 2007 at Haas School of Business, UCBerkeley
In-house Learning Sessions (IHLS)
2 Competitions held under Ideas for Rural India (I4RI)
http://www.habits.in/http://www.habits.in/http://www.socialvc.net/http://www.socialvc.net/http://www.habits.in/8/2/2019 BITS Entrepreneurship Model DEl
14/22
Center for Entrepreneurial Leadership, BITS Pilani
6 workshops and 30 interactive sessions with Entrepreneurs under Meet an Entrepreneur
Lecture Series (MELS)
2 Executive Development Programmes1 Student Entrepreneurship Club CEL
A student was selected as a delegate to participate in the Asia Pacific StudentsEntrepreneurship Society (ASES), Summit 2007 organized by Stanford University between 8thApril and 14th April.
Stimulus a simulation software developed by students can give market analysts a run for their
money
Bimonthly Entrepreneurship Newsletter Pulse
AspireNewsletter brought out for inter- national circulation during Conquest 2007
13 sessions BITS Big Bout ( BbB) a pre-researched panel discussion
1 Technology Business Incubator
1 company incubated and 3 companies started by CEL members
12 Faculty involved in courses, incubation & other entrepreneurship activities
Live discussion on Entrepreneurship with eminent panelists from Silicon Valley organized byBITSAA International was brought in for the benefit of students on campus.
KEY CHALLENGES FOR
8/2/2019 BITS Entrepreneurship Model DEl
15/22
Center for Entrepreneurial Leadership, BITS Pilani
KEY CHALLENGES FOR
ENTREPRENEURSHIP DEVELOPMENT
Strengthen,sustain and scale-up the activities forpromotion of Entrepreneurship
Enough success stories and Role Models to thwartthe Lure of high paying job opportunities andnegative middle class mindset of low Risk taking
Continued lack of social support for venturing intoEntrepreneurship
Highly competitive business environment
Presumably high financial entry barrier
To gather enough support for Start-up venturesfrom financial markets/venture capitalists/Angelfinanciers
A SNAP SHOT OF STAKEHOLDERS
8/2/2019 BITS Entrepreneurship Model DEl
16/22
Center for Entrepreneurial Leadership, BITS Pilani
A SNAP SHOT OF STAKEHOLDERS
VIEWS "NEN will bring different players on to a common platform to share experiences and
cooperate in propagating and promoting the culture of entrepreneurship. This effort
should go a long way in contributing to the growth of national economy."(Prof. S. Venkateswaran, Professor Emeritus-cum-Advisor and former Vice Chancellor,BITS )
The aptitude for entrepreneurship amongst young people has to be cultivated from thebeginning in the university environment. Center for Entrepreneurial Leadership (CEL) atBITS has been established to institutionalize the promotion of entrepreneurship byputting into effect activities linking various stakeholders viz. Students, Faculty, Alumni,Industry, Government and the National Entrepreneurship Network (NEN). The Center
aims to create an entrepreneurial mindset to accelerate the process of wealth generationand jobs creation for the benefit of the community and the nation.
(Prof. L.K. Maheshwari, Vice Chancellor, BITS)
Iconsider myself a convert. When I joined BITS I only knew a few entrepreneurs likeSabeer Bhatia and Bill Gates. There was a time when I would be satisfied with a salariedjob and a hassle free life. However, now that I have been a part of CEL and my internshipat the start-up, there is definitely an urge to start something on my own.
(Jimit Arora, BITS Pilani, alumnus, 2004)
We should do everything necessary to increase the ranks of young people who are risktakers, high energy, and hungry for success; they will help create new jobs and newmarkets for India. NEN can be exploited to the fullest to build the right kind of resourcesfor this purpose.
(Vinod Agarwal, BITS alumnus & CEL Advisor, Chairman & Chief Strategist, LogicVision)
8/2/2019 BITS Entrepreneurship Model DEl
17/22
Center for Entrepreneurial Leadership, BITS Pilani
NEN Partnership
NEN came in at a point when our Institute wasconcerned about developing an entrepreneurshipprogram that would prepare our students for the future.
Access international academic resourcesand benefitfrom the NEN STVP EEC program.
The NEN teamis informal, harmonious and inspiringto work with.
The TiE networking events conducted by NEN was aplatform that helped us build a good networkwith
entrepreneurs in India and across the globe.Networking with other institutes and faculty members is
very useful.
8/2/2019 BITS Entrepreneurship Model DEl
18/22
Center for Entrepreneurial Leadership, BITS Pilani
For CEL , the NEN partnership has become a gateway fordevelopment and sharing of high quality resources , an access toworld class educational products and programmes across thenetwork. CEL efforts have started yielding a positive attitudinalchange amongst BITSians towards entrepreneurship.
Attributed to increasing awareness amongst students regardingimportance and benefits of becoming an entrepreneur as also theeducational environment to which students at BITS get exposed.
Process of greater exposure and opportunities to students tolearn, understand and practise about entrepreneurship would goa long way in improving the conversion factor of their becomingentrepreneurs under different CEL Activities.
8/2/2019 BITS Entrepreneurship Model DEl
19/22
Center for Entrepreneurial Leadership, BITS Pilani
Plans for Future
Envision Pilani to be the hub of entrepreneurship inyears to come.
To develop high impact innovative entrepreneurshipdevelopment programs to enable formation of new high-growth companies.
To offer some more collaborative corporate executivedevelopment programs.
We want to lift CEL to the next level throughcontinuous improvement and focus onentrepreneurship.
8/2/2019 BITS Entrepreneurship Model DEl
20/22
Center for Entrepreneurial Leadership, BITS Pilani
The BITS experience suggests that with itsstrong Alumni network, institutionalized industrylinkage, unique and flexible learning environment
and high quality student input coupled with NENpartnership, is being instrumental in systematicefforts in promotion of entrepreneurship. It hasstarted yielding results and would go a long way
in changing the mind-set of the youth andenabling them to avail emerging opportunities inhigh-tech and high-growth industries.
8/2/2019 BITS Entrepreneurship Model DEl
21/22
Center for Entrepreneurial Leadership, BITS Pilani
Quitters Never Win and Winners Never Quit.
Jim Mclamore
Ilook at it this way: Ive been broke five times in my life .One more time wont hurt.
Walt Disney
Success should not be measured in dollars. Its about how
you conduct the journey, and how big your heart is at theend of it. Howard Schultz
If you cant do something first class, dont do it.Ted Turner
Life is too precious to be wasted in doing work you dont
LOVE. Tom Monaghan
8/2/2019 BITS Entrepreneurship Model DEl
22/22
Center for Entrepreneurial Leadership, BITS Pilani
Thank
You