The Internal Innovation
Council (IIC) of Hans Raj Mahila Maha Vidyalaya organized a
workshop on “Entrepreneurship Development Phases” under the vibrant
guidance of Principal Prof. Dr. (Mrs.) Ajay Sareen and Incharge Innovation
Council, Dr. Anjana Bhatia. The Resource Person of the workshop was Ms. Leena
Chabbra, Director Clients Code and State President Punjab Digital Media Council
and also an alumnae of HMV. Principal
Dr. Ajay Sareen accorded a warm welcome to Ms. Leena and expressed her delight
over the arrangement of this unique initiative by Innovation Council. She
voiced her views that all successful ventures require careful planning and execution
of ideas. Our country is possessed with abundance of talent and its our duty to
channelize their energy towards creativity so as to build up a beautiful
tomorrow.
Dr. Anjana Bhatia introduced the concept of the
workshop and briefed about the MHRD,s motive of Innovation council which is
prompted towards training the youth of the country.
Ms. Leena Chabbra gave an intensive and detailed
presentation on Entrepreneurship phases breaking up it into five phases which were Idea Generation, Opportunity Evaluation, Planning Process, Company Formation and Execution Process. She acquainted the
students with the basic steps to start any business by first of selecting an
idea and then studying the target audience, market viability proceeding towards
the evaluation of opportunity and execution of ideas. The first real task for a
beginner is to think of a good idea because it is the idea that will be the
motivation to launch the business and it is the soul of entrepreneurship. Then
its important to think about the profitability and viability of the idea over
the long term in order to develop a successful business.
Moving from generation of ideas to its execution
is a way full of struggle. It involves collection of resources; financial as
well as human resources. It requires funds, staff and facilities. After a
venture is successfully established the next step is to sustain it for long.
This needs regular updations of technology and keeping abreast with the latest
trends in the market.
Ms. Leena also emphasized that the success of any
business is determined by efficient team work and hence all the members need to
work in unison directed towards the goal.
The inquisitive students asked many questions to
the Resource Person. The vote of thanks was presented by Mrs. Rishav Bhardwaj
HOD Fashion Designing and the workshop was moderated by Mrs. Navneeta. The
Innovation ambassadors Ms. Sonia Mahendru, Dr. Rakhi Mehta, Mrs. Alka, Mrs.
Lovleen Kaur, Mrs. Protima Mander, Mr.
Ashish Chadha, Mr. Vidhu Vohra also
attended the workshop.
