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To Promote Entrepreneurial Mindset: A Training

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To Promote Entrepreneurial Mindset: A Training

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Entrepreneurship is not just a profession, but also an aspect in the form of an entrepreneurial mindset. This training design caters to promoting entrepreneurial mindset by providing an outline of the framework for a training program.

Entrepreneurship is not just a profession, but also an aspect in the form of an entrepreneurial mindset. This training design caters to promoting entrepreneurial mindset by providing an outline of the framework for a training program.

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To Promote Entrepreneurial Mindset: A Training

  1. 1. Training Design Assignment | Pavitra Joshi | | M.A. SOCIAL ENTREPRENEURSHIP, TISS, MUMBAI |
  2. 2. It’s Quiz Time ! 2
  3. 3. Social Realities & Context > A case for an Entrepreneurial Mindset: Entrepreneurship in India 1. Growing Population in India, means more opportunities to meet unfulfilled market expectations. 1. Startups like Flipkart, Oyo, Swiggy all have shown that startups in India have a potential to grow huge. 1. Government’s Startup India Initiative and improving Ease of Doing Business Ranking fostering a conducive environment to implement novel ideas! 1. Entrepreneurs needed to solve India’s unemployment crisis and realise the demographic dividend. Intrapreneurship in Businesses 1. Stagnation a big threat to MNCs (Nokia, Kodak, Box Office). 1. Finding solutions to emerging problems, converting ideas to action, scaling up solutions are initiatives that corporate prize! 1. These skills and abilities are always in dearth even in best of corporates. 1. An opportunity to differentiate yourself from the rest. 3 By 2020, median age in India will be 28, 37 in China & US, 45 in WE, & 49 in Japan. According to ILO in 2018, India has 18.6 million unemployed. DDI states that only 18% of today’s business leaders capable of sustaining in turmolous world.
  4. 4. Target Group Profile 4 Features Age: 18 - 25 Gender: All Socio-Economic Background: No- bar Education Qualification: Pursuing Diploma or Bachelors in Tier II, Tier III Colleges Past Learning Experience: No Experience Residence: Tier I, Tier II Cities Requirements Spoken Languages: English, Hindi Capacity: Emotionally and Mentally Able. Motivation: Self-Driven and Wishing to improve continuously.
  5. 5. Training Needs Analysis 1. Deficiency in Critical & Analytical skills, Business Communication skill in graduating students. 2. Lack of knowledge of Decision Making, Critical Thinking, Problem Solving Frameworks. 3. Attitude of Risk Aversion, misunderstanding criticism and feeling threatened by success of others in the youth. 4. Limited ability to think ideas and solutions holistically. 5. A mindset of pecking short-term rewards over long-term. 5
  6. 6. Design: 6
  7. 7. Title: Developing Entrepreneurial Mindset in College Youth 7
  8. 8. Overall Goals: 1. Creating awareness about entrepreneurship and its diverse applications 2. Making youth cognize with entrepreneurial qualities, focussing on team- building and creating sustainable change 3. Introducing target group to effectuation; the logic of thinking 4. Boosting confidence in the youth by honing their communication skills 5. Awaring target group to use design thinking for problem solving 6. Answering the concerns of the target group pertaining to the aspect of entrepreneurial way of thinking as well as entrepreneurship 8
  9. 9. Specific Objectives Trainers Objectives ● To make target group aware about relevance of the main theme ● To foster entrepreneurial mindset, motivate and ignite learners to starting up ● To prepare learners for creatively solving problems ● To convey importance of collaboration and fortitude 9 Learners Objectives ● To start taking initiative, doing a project or starting an enterprise ● To evolve way of thinking, and hence response to problems ● To inculcate entrepreneurial traits ● To create and vouch for sustainable change ● To learn networking and collaboration, marring competition
  10. 10. Relevant Content 10 10 ● Defining ‘Entrepreneurial’ What is mindset, Entrepreneurship, Entrepreneurial way of thinking, Application ● Entrepreneurial Qualities Leadership abilities, Perseverance and fortitude, Collaboration and NOT competition, Innovation
  11. 11. ● Effectuation What is Effectuation, Principles, Fathoming means (Who am I, What I know, and Whom do I know) and goals (What I want to do) ● Effective Communication Interaction; building relationships, Networking, Public speaking, Human Capital - a resource ● Design Thinking Introduction, Analysing need, 5 Ws and 1 H, Creative problem solving 11
  12. 12. 3 Days, 6 sessions LECTURE HALL 30 Participants 12
  13. 13. Implementation Plan Program Schedule Day I: 10:00 am -11:00 am - Keynote address on Mindset and Entrepreneurship 11:00 am -12:00 noon - Lecture on Entrepreneurial way of thinking 12:00 noon - 01:00 pm - 01:00 pm - 02:00 pm - Lunch Break 02:00 pm - 03:00 pm - Be a Job Generators rather Job Seekers 03:00 pm - 4 :00 pm - Practicing entrepreneur’s success stories 13
  14. 14. Program Schedule Day II: 10:00 am - 11:00 am - How to start a venture(Legal Aspects) 11:00 am - 12:00 pm - Technical & commercial Aspects of starting a venture 12:00 pm - 01:00 pm - Support and financial assistance from Government agencies, banks financial institutions for Startups 01:00 pm - 02:00 pm - Lunch Break 02:00 pm - 03:00 pm - Importance of Effective Communication 03:00 pm - 4:00 pm - Innovation and Creative thinking for becoming great entrepreneurs 14
  15. 15. Program Schedule Day III: 10:00 am - 11:00 am - Workshop on Design Thinking 11:00 am- 12:00 pm - Session On Social Entrepreneurship and Social Innovation 12:00 pm - 01:00 pm - Brainstorm session on problem and opportunity identification 01:00 pm - 02:00 pm - Lunch Break 02:00 pm - 4:00 pm - Field Visit to an Enterprise 15
  16. 16. Methodology and Tools Targeting all the three focus forms viz. Cognitive focus, Affective focus, and Behavioural focus, we will include following methods in our training program: ● Lecture ● Brainstorm ● Role Play ● Case Study ● Simulation ● Large Group Discussion ● Field Visit 16
  17. 17. Resources Required Human ● Facilitators ● Behaviour expert ● Established entrepreneur ● Researcher/ Academician on entrepreneurship 17 Materials ● Training kit including a module, pen, and a folder/bag
  18. 18. Criteria for Evaluation ● How many participants feel motivated to start their own enterprise will be prime criteria ● How many participants imbibe design thinking and effectuation ● How many participants start interaction and look at developing rich human capital 18
  19. 19. Evaluation Methods ● Psychometric analysis - Pre and Post training program to evaluate change in decision making ● Group Discussion - To understand viewpoints and perception post training. Enlisting number of participants who now want to start an enterprise ● Vote of Hands - Just a simple raise of hand will showcase if the training program has left any impact ● Questionnaire pre and post training program will be another method 19
  20. 20. 20 Thank you.

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