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Knowledge in start-up
E-Cell IIM Ranchi VUCA world perspective
VUCA is a concept that originated with students at the U.S. Army War College to describe the volatility, uncertainty, complexity, and ambiguity of the world after the Cold War. And now, the concept is gaining new relevance to characterize the current environment and the leadership required to navigate it successfully.
Entrepreneurship Cell, IIM Ranchi
Creative economy and Uniqueness
Creative economy is on the splurge.Gone are the days where economies where builts in brick and mortar stores.Now they are formed on a single tap,such is the rapidity and hence we can now say that we have a market that changes instantaneously.The verge of internet media in the face of YouTube,Instagram, Twitter have all changed the whole chapter of connectivity.Its much more easier to connect indeed the world is now a global village.Hence almost the whole world is present there is see you,like you,invest in you,and hence the base of economy is gigantic. This calls in more creativity because only that grow and monotony will be pathetic for both the customer and seller.Therefore being unique will make you the master of the growing creative economy.
Shagufta Azmi
Start-up Adaptation method
START-UP The culture of starting up on business became a common thought for the newer generation. it could be manufacturing industry or a tech company, everyone dreamed of giving salaries instead of taking. Start-up is a company that is innovative and more creative, build to solve problems and to introduce new services, products that are not offered elsewhere. But Strartups are confused about the product and type of customers to keep in mind while designing a product Success vs failure Speaking apart from the definitions, There are a common set of reasons that startups struggle and fail, and a consistent set of factors that make startup companies successful. “ Startup is not just a logo, a website or a social media page, startup is your vision and an idea. it is all about a new product in the market that is not offered elsewhere “ The success rate isn’t much better. Money doesn’t guarantee success; only effective execution can deliver that goal. Even with a venture support, startups are going back to shed due to lack of executions Success and failure completely depends upon the customers and customers need To fill customer need, you need a right product To design a right product, you need a business model For a perfect business model, you need a right team Even though the team is strong, business model is good and you have a great product, your success is not defined because competition is high A major reason why companies fail, is that they run into the problem of their being little or no market for the product that they have built. if you think your product is innovative and it is capable of filling customers need perfectly, it must be different from others product or it must be a better than others, because one can not simply compete with big companies There are many reasons to success and so many reasons to fail. i am not here to raise them because i am here to show you a solution to save start-ups that are closed. When there is heavy competition for a product in the market, one will be a small and another will be a big scale company. in this situation, small companies product should be more innovative and useful to sustain in competition with big scale industries otherwise these small industries will shutdown in no matter of time. this is the main reason for start-up failure So, here comes a news method to save start-ups ‘ADAPTATiON” ADAPTATiON As i said earlier, when you are in competition your product should be more innovative or much better than other if you are a regular product seller doing business in many places, You will fail when you compete with multinational company because customers will prefer the best Any solution? You can Call it collaboration or partnership, best way to help start-ups in failure is “ADAPTATiON” method When it comes to orphans, people adapt them and will help them to grow by giving living possibilities. Same is the situation in ‘’ Adaptation “ method Let me start with problems of big industries Major problem of a big industry is managing its operations in different location For example, there is a company called “A” that operates in the production of match box. Due to the product demand, company should operate in different locations for sales. it will be difficult for them to construct production factories in different locations as it takes very long investment. if they have production at only on place, they need to spend high amount on transport which doesn’t guarantee any better output So here “Adaptation” technique solves the problem of production. Company A can adapt local start-up that operates on production to manage production problems in different location Step-1: “Training” Initially, MNCs need to train the start-up team with suitable knowledge with right technique then by delivering product material and funds for the operation, they can use these start-ups to manage production at different locations So, start up team will design and manufacture product with MNC brand and sales will be done under the guidelines of Industry management This will reduce Investment and production problem for heavy Industries when it is operating in different locations and also it will help start-ups to stay alive in the market place . this method is a just a thought process of my mind to solve problems, this can be a problem for many industrial policies but I am sure these problems can be solved with involvement of industrial experts and by designing perfect model according to the industry need As every one dreamed to become an entrepreneur, many are becoming influencers to solve problems like they said “great things takes time to take shape” This Adaptation’ method will also take time to make it Industrial friendly and complete model will be released in the future after designing a right model “At first they will ask you why you are doing it, later they will ask you how you did it”....... UMKNOWN Gopi pasyavula
Gopi Pasyavula
Star or wye connected system
Y connected ..
Yogendra Singh
Powerpoint Presentation on "Startup"
A startup or start up is a company initiated by individual founders or entrepreneurs to search for a repeatable and scalable business model.
Rishi Soni
class 11 th articles with example
This PDF consists of articles school leval about English grammar. It covers topics such as sentence structure, verb tenses, and common mistakes. It also provides examples of correct grammar and explains why certain grammatical rules exist. Each article is written in an easy-to-understand manner and includes tips and tricks to help the reader remember the rules. The PDF explains how to use grammar correctly in everyday speech and writing. It is suitable for students at all levels, from beginners to advanced.
Rohit Lodhi