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11 January, 2010 Milind Mali - Sinhgad Group, Pune 1

Take a Minute to Answer followingQuestions

Are you creative and imaginative? Do you like to build newthings, or improve the way things work?

Do you have good communication skills? Do people find youinteresting to talk to?

Do you like working in teams? Are you a member of aschool club, the band or a sports team?


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The purpose of Education is to replace an

empty mind with an open one."

Pillars of the next innovation ecosystem:

Education

Innovation

Entrepreneurship


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Reading 10%

Hearing Words 20%

Looking at Picture 30%

Watching Movie 50%

Looking at Exhibit 50% Watching Demonstration 50%

Participating in Discussion 70%

Giving a Talk 70%

Simulating Real Experience 90%

Doing the Real Thing 90%

PASSIVE

ACTIVE

Teaching & Learning


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A Butterflys LessonOne day, a small

opening appeared

on a cocoon; a

man sat and

watched for the

butterfly for

several hours asit struggled to

force its body

through that little

hole.


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Then, it seems tostop making any

progress.

It appeared as if

it had gotten as

far as it could

and it could not

go any further.


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So the man

decided to help

the butterfly: he

took a pair of

scissors and

opened the

cocoon.

The butterfly

then emerged

easily.

But it had a

withered body, it

was tiny and

shrivelled wings.


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The man

continued to

watch becausehe expected

that, at any

moment, the

wings would

open, enlarge

and expand, to

be able to

support the

butterflysbody, and

become firm.


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Neither

happened!In fact, the

butterfly spent

the rest of its

life crawling

around with a

withered body

and shrivelled

wings. It never

was able to fly.


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What the man, in his

kindness and his goodwilldid not understand was

that the restricting cocoon

and the struggle required

for the butterfly to get

through the tiny opening,

were Gods way of forcing

fluid from the body of the

butterfly into its wings, so

that it would be ready forflight once it achieved its

freedom from the cocoon.


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Sometimes,

struggles are

exactly what we

need in our life.

If God allowed us to

go through our lifewithout any

obstacles, it would

cripple us. We

would not be as

strong as we could

have been. Never

been able to fly.


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Attributes of Design Center

Creativity,Invention, Innovations,

Idea Generation,Research & Developments

Learning CentersPatents

Road is not Clear i.e. Path = Bright Future


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Creativity, Invention & Innovations

Creativity - Ability to bring something new intoexistence

Invention - Creation of new products, processes, andtechnologies, not previously known to exist.

Innovation - Transformation of creative ideas into

useful applications by combining resources to providevalue to society for or improved products, technology,

or services.


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Innovation is about action versusjust ideas, as much aboutimplementation as about design.

It is not about mere incrementalimprovements in our course ofdaily operations or a one-off newbrilliant idea.

It is a culture that needs to becreated consciously and pursuedassiduously by an organization.

Azim Premji,Chairman, Wipro Ltd.

Innovation


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Attributes of Management

Leadership, Team BuildingMarketing, Sales, Finanance

Production Planning & ControlOperations TQM, TPM, 6 Sigma etc.

Road is not Clear i.e. Path = Bright Future


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Mother, may I ask you

some questions?

Sure, why son, is there

something bothering you?


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Why do camels have

humps?

Well son, we are desert animals, we need

the humps to store water and we are

known to survive without water.


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OK, then why are our legs

long and our feet rounded?

Son, obviously they are meant for walking

in the desert better than anyone does.


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OK, then why are our eyelashes

long? Sometimes it bothers my

sight.

My son, those long thick eyelashes are your

protective cover. They help to protect your

eyes from the desert sand and wind.


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I see. So the hump is to store

water when we are in the

desert, the legs are for walking

through the desert and these

eyelashes protect my eyes

from the desert sand


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Just one more question

Mother

Yes, dear?


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What the hell are we doing in

the ZOO?!

?


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Skills, knowledge, abilities and experiences are

only useful if you are at the right place!

Where are you now?


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Entrepreneurship

Generating Ideas

Leveraging Resources

Driven by opportunitiesCreating Value to Business

Empowering Employability

Road is not Clear i.e. Path = BrightFuture


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Entrepreneurship

Give a fish to a person and youhave fed them for today.

Teach a person to fish and youhave fed them for a lifetime.

But...teach a person

how to process and packagefish for export, and you havestimulated economic

developmentProf. M. N. Navale

President, Sinhgad Group


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Entrepreneurs...Traits

Self-confident

Able to take calculated risk

Respond positively to changes

Flexible and able to adapt

Knowledgeable of markets

Able to get along well with others


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Entrepreneurs...Traits

Energetic and Creative

Dynamic Leader

Responsive to suggestions

Take initiatives

Perceptive with foresight


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Teaching Entrepreneurship

Holistic nature of entrepreneurship

Create learning inside and outside of theclassroom

Create an idea-rich environment

Good ideas come from lots of ideas


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Paradoxes for Entrepreneurship

Work hard, but share responsibility

Tolerate failure, but plan for success

Be passionate about your ideas, but be willing

to change


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Share power, but be a powerful leader

Accept uncertainty, but manage risk

Undertake multiple tasks, but remain focused

Be opportunity oriented, but be realistic

Paradoxes for Entrepreneurship


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NEN Platform

The economic greatness of a country isfueled by the strength & vitality of itsentrepreneurs

Romesh Wadhwani, President & Chairman, Wadhwani Foundation

NEN National Entrepreneurship Network


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NEN E-cell Objectives

To inspire, educate & support new and futureentrepreneurs in India.

To motivate Students / Faculty for self

employment and entrepreneurship developmentthrough formal and non formal programmes.

To blend the technical skills of Students / Faculty

with entrepreneurial skill


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11 January 2010 Milind Mali - Sinhgad Group Pune 34

To inculcate entrepreneurial value andspirit at early age.

To sensitize educational system, mediaand parents on entrepreneurship

To convert innovative ideas of Students /Faculty into enterprise.

NEN E-cell Objectives

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