Sunday, December 7, 2008

Dubai : moving towards the best hub of corporate office globally

When the word Dubai comes in mind everytime only sky touching building and beautifull malls are coming in mind becouse it mean.
Dubai is main aim to develop one of the main business hub becouse the plannined ans systematic rules and regulation inviting the people to come and go ahead with the project.
In Dubai the planned city, visionary rules cultured officer and least corruption.
But one more things Dubai is only suitable for the Branded business. those who have some business ethics. This is reason that Dubai is attracting the business man and maximum workforce to stick with it.
Their are climatic disadvantages are their and slowly slowly traffic is also become the main cause but may be after operation of the Metro rail this problem will be solved.
Dubai is one of the center point for middle east Asia

Sunday, October 19, 2008

corruption: keeps moving the system

The word "corruption" ridiculous word. whenever we are listening, reading this word we are fed up and started blaming to the system and government.

recently i was in Kenya for some business tour with my very close friend cum mentor. we ware in bar cum restaurant just chatting about the global crisis, one of the intellectual waiter of the hotel was also their chatting with one of the European business man.
as per the routine of the human being the waiter was blaming the government for the corruptions. same time as a habit of the intellectual person the European guys speak a sentence that corruption keeps things moving. it is good for the system.
this sentence still penetrating in my mind.
but when i started to understand the word really it makes me to understand it. why and where the corruption is good and where it is harmful for the progress of the country.
why it is good and why it is bad.
If a business man will start to follow the 100% rules ans system he can not do the business. if all the government officer start to follow the system everything will be stop.
Like if builder will start to follow 100% rules he can not construct the building and if the Government officer will be loose then that building will kill a lot of the people.
yes corruption is acceptable if it will not harm the system. really i am very happy to learn the lesson from the Gentleman.
if you have time please think about it...

corruption: keeps moving

The word "corruption" rediculous word. whenever we are listening, reading this word we are fed up and started blaming to the system and government.


recently i was in K

Recession : how to face it? Threat and opportunity>>>>>>>>>

Recession is the world which stop us to think longer...Whole the world American economy, EU, miidle east, Asian economy etc are facing big challenges to sustain. Every body feels their will no another day..Even though some of the market can sustain but even the panic of the people and emotions can not be control.
most of the economist and industry giving the guidance to the people and company to be stagnant for some time or wait for another good days..
As we know that after every darkness is indication of the bright day, every worst time is indication of the good time.
what we can imagine about this that this recession is indication of the big opportunity...
so yes, becouse as we know that the bubble is bursted and reality is coming now.
Now some of the big sector is coming with huge opportunity. this is time to thing
which sector? what opportunity? when to start? how to start? what precaution and measure we have to take before investing?
if we are working what plan is required to sustain?
This is really time and plan for the start some new things?
Recently i throgh with the news that alot of the people lost their hard core money. so which money we have to invest in the market, what kind of risk we have take and what extent?
so, i hope we people are going to find the opportunity in this recession...

Recession : how to face it? Threat and opportunity>>>>>>>>>

Recession is the world which stop us to think longer...Whole the world American economy, EU, miidle east, Asian economy etc are facing big challenges to sustain. Every body feels their will no another day..Even though some of the market can sustain but even the panic of the people and emotions can not be control.
most of the economist and industry giving the guidance to the people and company to be stagnant for some time or wait for another good days..
As we know that after every darkness is indication of the bright day, every worst time is indication of the good time.
what we can imagine about this that this recession is indication of the big opportunity...
so yes, becouse as we know that the bubble is bursted and reality is coming now.
Now some of the big sector is coming with huge opportunity. this is time to thing
which sector? what opportunity? when to start? how to start? what precaution and measure we have to take before investing?
if we are working what plan is required to sustain?
This is really time and plan for the start some new things?
Recently i throgh with the news that alot of the people lost their hard core money. so which money we have to invest in the market, what kind of risk we have take and what extent?
so, i hope we people are going to find the opportunity in this recession...

Tuesday, September 30, 2008

Global Economy slowdown: what to do?

Every day US Banks going for merger or bankrupt.
Similarly, EU also facing the same problem the major growing field like IT, Banking, Infrastruture, petroleum market facing big challanges.
Every day share market falling down like anything.
The our main objective what to do? and how to manage the business?

I think this is right time to make a plan for new venture, analysis of the past achievement and except this how to improve our self in our competency area.

Similarly we have to for some training program, we have to arrange the seminar, presentation, pending work etc.

Becouse, why this is right time to plan? we have less work pressure and we can understand the worst situation.
Training is also imporatnt aspects becouse during the peak period we can not get sufficient time for self improvement rather than follow to same track.
Becouse after six to eight months all the things will be on track again we will not get time for improvement.

This is right time to take long holiday, tour , reading and refresh our self for the next step will be more effective than the last.

So dont be panic for wrong situation.....

Saturday, September 6, 2008

Leadership facts

The great leader has a dream. S/he always creat the things:
" The best way to succeed in the future is to creat it"
Means he has to make plan and creat the work for him self and for the sub ordinate.
How to manage the things are not important :
Leadership is not about managing things but about the developing the people.
Similarly for the visionary leader:
The visionary leader is one who has learned to focus on the summit while clearing the path.
Purpose is most important motivator in the world.
The job for the leader is to define reality for his people.
Visisonary leaders care more about doing what's right than appearing intelligent.
Of all the beutiful truths pertaining to the soul which have been restored and brought to light in this age none is more gladdening of fruitful of devine promise and confidence than this that you are the master of the thought, the molder of your character, maker and shaper of the condition, environment and destiny.

Immediately after agreat victory one will often experience some form of difficulty. The key is to maintain your focus and keep on believing.
Every great organiozation begin with great leader > and every bold leader has great dreams.

Thursday, August 28, 2008

Indo African Relationship

This is to reference to the The Guardian www.ippmedia.com to the Optimism on India, Africa cooperation.
As India has Look East India Policy and development of the far east relationship now India is looking for the most potential country Africa to development and investment in Agriculture, manufacturing, hotels etc sector to develop the East African country.
today one day conclave held in Dar Es Salaam on India Africa relationship. This conclave will build and strengthen the relationship between India and Tanzania.
And we can hope that Industries, trade and Marketing minister Mary Nagu and Infrastructure development minister Shukuru Kawambwa are schedule to chair technical session at the conclave, whose theme is celebrating India-Africa partnership.
As we know that most of the African country are suffering from the basic necessities like food, education, and Medical facility.
and hope India and Africa co-operation will concentrate on these issues for the further relationships.

Sunday, August 24, 2008

Beijing closing ceremony

Great China
Great XXIX olympic started on dated 08.08.2008 and end on 25.08.2008 by the special creativity by the people of the china..

What was special there except the sports.....
If talk about the creativity so we can say it is existing everywhere..
Event management... yes it was there
Management: this successful event happen becouse of the best management exiting everywhere.
Engineering: yes it was the there becouse without this the infrastructure cannot exist.
Culture: yes
and Social and volunteer: there was alot of volunteer they participated in this event to make it successful.
To organize this event was really a great success of the Engineering, Managment and creativity.
Really after a long time of the terrorist and natural calamity and political imbalance in the world we are realizing that there are alot of thing which can develop the love and peace. This shows the sacrifice and culture sharing.
Again i will request to world look in the betterment of the world. we have to creat and make better world rather than to destroy ....

iimcalarvind.instablogs.com

Beijing closing ceremony

Great China

Great olympic sa

Saturday, August 23, 2008

Competitive Advantage

Competitive advantage can be differentiate on the basis of the two points
i. Values drives
ii. Cost drives

Value and cost drive can be differentiate on the basis of the so many factors-
* Quality based
* Service based
* Delivery
* Technology
* Customization
* Geography
* Risk Assumptions
* Environmental policies
* Network externalities
* Brand or reputation
* Complementary products

And the Another factor which based on the Cost Drives
* Scope economies
* Scale economies
* Learning curve
* low input cost
* vertical integration
* organizational practice

For the competitive advantage is differentiate their products and services in two basket but the micro analysis based on the above points .

Saturday, August 16, 2008

How to deliver the under budget project with satisfied customer

Project management is the technique to finish the project within time, with limited and optimum resources, above all with satisfied customer. To achieve this there are five tips-
1. Believe in Team work.: Manager delegate his work which he can handle and involve in the work which cannot be handle by team. and he should always have time to answer the queries of the team. Ready to motivate and review the step towards the goal.
2. Expect the unexpected: always ready to deal with crisis and unexpected happening. It will save the time if handle the crisis on time.
3.Honesty is best policy: Most of the cases always clarify the doubt of the clients and clear your position regarding the time frame and resources.
4Lead the team: always ready for the team to motivate and boost up the energy by the performance appraisal and provide the some group activity.
5. Need a smart work not a hard work.

these points can ad up to provide the project on time...

Sports is good career opportunity

As the day by day the sports popularity increasing in India. It gives the better opportunity than other routine opportunity.
Now a days sports activity like cricket( ICL and IPL ) provide a lot of money along with the Fame. this is better opportunity than the routine career. A country can not be get the strength by one thing until or unless it will not come in all direction.

we are doing well in some the area well but in the sports we are worst one. How we can motivate the youngster to make the alternate career as sports.
The similer way the choice of the students career is decided by the parents. This is the reason that spots are the last choice of the candidate even though the life of the sports man his peak period is small but after that he can become good coach and trainer.
So really if you want make really India shining so we have to promote the sports. Those who are donating money to the trust better we can also sponsor the sports man by which they will motivate and come in front line

Great ABhinav....
Great Bijendra and Jitendra.....

Saturday, August 9, 2008

Strategies Making

This is strongest tools of the industry which can be develop by the human being with data analysis and visionary leaders.
If we think what is strategies?
If we compare two company with same infra and resources then one company reached the apex and another in loss. Here strategies play a role.
Strategies gives a firm three benefits
1. It is source of economic gain
2. Frame of resource allocation
3. it guides the firms decisions regarding management and organization.

And on the other hand the three general factors which determine the firm profitability
i. Macroeconomics forces
ii. industry factors
iii. firm market potions.

So strategies which change the face of the organizations are the human factor.

Sunday, August 3, 2008

Procurement management

Procurement is the process to procure the material and services to produce the production and services.
So basically there are a lot of diffrence in the service procurement and material procuremen
For material procurement management the following important categories play a important role-Procurement Management treats the term 'Procurement' as an umbrella, embracing a series of building blocks, of which four in particular -
* Logistics and Inventory Management
* Internationalisation of Business, Sourcing and Competition
* Integration of Supply Chain Operations, leading to development of Procurement as a source of Profitability and Competitiveness
* Integration of Supply Chain Management with corporate Marketing Orientation

These are the main points which cover the complete supply chain management which are required for the procurement.

Saturday, July 19, 2008

Important question for successful employee

Almost cases i observe that Aptitude and attitutde is key factor of the success of the employee and employer or visionary company.

As employee to understand the performance the employee to check the following question for honest answer..
1. What has been your greatest achievement on the job?

2. What are you happiest doing?

3. What three things could we do to make this company more successful?

4. What excite or motivates you?

5. what would you do if you ware leading this company?


above all the question most of the times employee as well as Boss missing the listening quality. they feel to intrupting on the discussion shows that they are more intelligent and understand the process but they forget that they are lacking and not understand the case which was about to discuss by important and experience person.

above all the listening is great quality of the successful employee..

Sunday, July 13, 2008

How to understand the System Thinking:

How to understand the System Thinking:
The system is consist of the

1. Individual
2. Team
3. Organization
What is system?
A network of intracting elements that work together to carryout an objective, purpose and intentions. The above individual, team and organization is play the role in diffrent way to achieve the above.
What is input?
The people with their ideas, reasoning skills and talent+ money, material and equipment.
What is processing capacity?
The way to use the input to find the objective by the given operation. The system ability to transform inputs to desired products, services and knowledge.
this is called the processing capacity.
What is the output?
The achievement of the objective is called the output.or what the system delivers that becomes the input to other systems or that is recycled to to the environment.
What is feedback?
Feedback is the backbone of the process improvement and quality. The camparison between the deisred output and result. The diffrence which comes out in the output is called the feedback.
What is control?
The system ability to sence deviations from the desired output and to act on this feedback to minimise the suggetion.

Saturday, June 21, 2008

India's inflation

As we all are aware that the infletion rates are changing rapidly. this is affecting all over the world. In this case how the India's inflation accelerated to a 13-year high after record crude oil costs forced the government to raise retail fuel prices for the second time in four months.

* Wholesale prices jumped 11.05% in the week to June 7, after gaining 8.75 percent in the previous week.

> Economists surveyed & analyzed and predicted a 9.79% increase.

Last 8.75%.Prime Minister Manmohan Singh increased retail prices of gasoline and diesel this month, joining China , Indonesia , Malaysia and Sri Lanka , as a near doubling of crude oil prices pushed up costs and threatened to erode profits of companies such as Indian Oil Corp. That may make the government less popular before elections due by May 2009 and force the central bank to further raise interest rates.
All Commodities 11.05%
Primary Articles 10.78%
Fuel, Power, Light 16.25%
Manufactured Products 9.09%

This is unexpected problem for the India where the Finance department and Top body is run by the expert of the Economist.

lets share your view may it click and change the scene of the world.

Saturday, June 14, 2008

Global Business Goal

Goal for the Global Business is
*Survival,
* Success
*and Vertical and horizontal Gowth.
To achieve the above points honesty, no over committment, maintain the value and brand name, no cheating.
Do the business by the proper planning. in addition to we have to eradicate the weaknesses problems on the spot if possible difficulties errors and mistakes. if we are able to solve the problem then no one can stop us to growth.

Objective and Goal

Goal for the Global Business is
Survival,
Success
and Vertical and horizontal Gowth.
To achieve the above points honesty, no over committment, maintain the value and brand name, no cheating. Do the business by the proper planning.
in addition to we have to eradicate the
weaknesses
problems on the spot if possible
difficulties
errors
and mistakes.
if we are able to solve the problem then no one can stop us to growth.

Friday, June 6, 2008

Global Business Management

Tha basic conccept behind the Global Business is its open for all.

It is not based on relegion, community, demography etc.
For global business we need the following information based on the analysis on STEEPS
1. Social
2. Technology
3. Environmental
4. Economic Growth
5. Political
6. ....

these above points are required to understand the business conccept

Saturday, May 24, 2008

Market Research or Market Survey Report

Market Survey (important points which required for Report)

Introduction: In which the end products, end users and its suitability and strength of selecting particular product should be mentioned.

Product: In this section the product specifications, sizes, brands, packaging and selling price etc.

Assessment of Demand: Demand and supply is the key of the market strategies this section will broadly cover the following points.

  • About the consumer and clients Class and Type.
  • Pattern of Consumption and Frequency of purchases.
  • Product life cycle and present status
  • Past Demand Pattern
  • Future anticipated demand projection
  • Buying criteria and influencing factors

Supply position: Current availability of and production capacities vs. utilization and

Present indigenous and imported supply sources, their price comparisons, services etc.

Market Practices: Present prevailing marketing practices

- Distribution, Packaging and forwarding, Credit policy, Delivery, after sales service

- Selling price, taxation structure and commission patterns

- Purchasing procedures, time and practices prevailing

Own Market Plans and Strategies

- Own market share of supply- demand gap

- Strength and special services to be offered if any

- Possible clientage and their likelihood of buying from you

The above points are required to cover the market survey.

Saturday, May 17, 2008

How to Build the relationship (Marketing management Part4 )

As we have already discuss the three parts of the Marketing Management in which we discuss about the
1. need of the Marketing Management
2. Marketing Strategies.
3. Design the Marketing Program

In 4th part we will discuss about the how to retain the Customer for long time.

The big question for this will be:

How do you build long term, mutually beneficial relationships with key customer, channel members and suppliers?

This question will give the answer how to retain the customer.
To support the answer following points will be include.

* share of wallet
* Credible commitments
* Customer Relationship management
* Data ware house and Mining
* Market Basket Analysis
* Customer Pyramid
* Lifetime Customer value
* Cross selling
* Add- on Selling

As we know that this is era of the Information Technology. So with use of the CRM we can maintain the big data to continue follow up and feed back of the customer.

This article is useful for the students and Professional who is involve in the Marketing Management.

Thursday, May 15, 2008

Interview Tips

Interview Tips

If you have a job interview coming up, then here are some winning tips:

Tick Be prepared
Tick Arrive early
Tick Dress smart
Tick Breath deeply to relax
Tick Give a strong hand shake
Tick Ensure eye contact
Tick Listen carefully
Tick Think before speaking
Tick Accentuate your voice
Tick Laugh at the right times
Tick If you’re feeling confident, ask if you’ve got the job!

Wednesday, May 14, 2008

Design The Marketing Plan: Part 3:


Design The Marketing Plan: Part 3:

When we ask the question; How do you determine the 4P’s of the “Marketing Mix”-Product, promotion, place and price?

The answers which arise from the above equation cover the following headlines.

  • Conjoint analysis.
  • Product Life cycle Analysis
  • Brand Equity
  • Promotional Mix
  • Distribution Channels
  • Time, pace and form value
  • Atmospherics
  • Pricing strategies

Tuesday, May 13, 2008

Talent Management: Roles of the Human Resource Development in challenging scenario.

Talent Management: Roles of the Human Resource Development in challenging scenario.

Now days the recruitment is the toughest job of the company and to retain this is the biggest challenge:

Basically the HR is dividing in mainly in three parts:
i. Recruitment and Staffing
ii. Training and Development
iii. And most important Retention Management

i. Recruitment & Staffing:

Talent pool strategy rather than higher for specific positions.
Highly selective hiring process.
Develop the close relation with professional institutes to develop the time to time inputs to the students.
Develop the global branding among the employee to provide them exposure and training.
Focus on values and culture rather than to stick with routine job related skills.
Continuous monitoring and feedback for performance and potential of individual.
Grading against competency profile of successful leaders.
Use of talent inventories for selection/succession.
Different talent pools (Executive/specialist).

ii. Training & Development:

To develop the culture and give the top priority and deeply ingrained to leadership development.
Promotion policy should be within policy.
Continuous assessment of training needs and feedback.
Individual development plans should be live to succession planning process.
Sr. Manager should be the mentor and trainer for the new comer.
Job rotation and international exposure should be career development tools.

iii. Retention Management:

Personalized career plans.
Flexible working arrangement.
Priority to senior management.
Highly competitive compensation.
Continuous monitoring of attrition.
Diversity programme designed to develop, retain and promote diverse talent.

The above process should be only for the company which involved in brand building and entering in the global market.

Monday, May 12, 2008

TePP Before You Apply - Check

Before you apply, check your progress in meeting the following requirements
1. Identifying Customer Needs ( What do users want?)
Identify the users and buyers.
Gather raw data through interviews, focused group and observations.
Interpret raw data to understand needs.
Identify the important / pressing needs.
Cross check the perceived importance with user groups.
Reflect on the process to improve understanding of customer buying behaviour.

2. Generate Product Concepts ( How to meet the need ?)
Decompose problem, state the output and corresponding inputs.
Search for solutions that transform inputs into the desired output ( discuss with lead users, benchmark with competing products, take advise of experts, read patents & literature).
Generate many concepts - creativity lies in identifying alternatives.
Check to see whether different concepts can be combined to come with an unique solution.
3. Select concept ( Why is it better?)

Perform concept selection for each of consumer group.
The goal of concept selection is not to press ahead with the pre-conceived idea.
The goal is to develop the best concept.
Refine the concepts to develop the better ones.

4. Communicate the concept ( Do I share my idea clearly ?)
You can communicate with :
Verbal description.
Sketch
Photograph / video of previous work.
Computer simulation of system.
Physical model.

5. Why I need a prototype ( Check the roadmap to commercial production)
For demonstrating proof-of-concept to check the feasibility.
For demonstration – to improve design with feedback .
To test hardware and later with software.
For integrating sub-systems into a system model.

A day in the Life of B- School Students

A day in the Life of B- School Students

As we know that the daily routine of the students during the college is really very exciting. May be some of the college students can opt this routine for learning as well as for Fun.

7:00 am – Review notes for the 1st class.

7:30 am - Eat some high energy flakes cereal, read the business news paper like Business Times (professor likes to discuss news items that relate to the class topics).

8:00 am Read review for quantitative methods exam, do practice problems reread case on control system for organizational behavior class.

9:00 am- Arrive at school go to “reading room” to hang out with everyone. Check student’s mailbox for invitation to recruiter events.

9:30 am- Integrative Management Class: Guest speaker from Case study discuss how the company approached the problems.

10:45 am - Hang out.

11:00 am – Organizational Behavior Class: get in couple of good comments: debate the effectiveness of a management decision with another student in class.

12:15 pm – Get some lunch and grab with some friends. Talk about the lousy cafeteria food and who’s dating whom.

2:00 pm- Microeconomics class: listen to lecture on monopolistic competition.

3:15 pm- Arrive at home, change into workout cloths. Go running, lift weight and relax.

6:00 pm- Eat dinner; watch the news read the next day’s case study.

7:45 pm- Meet up for group study session; help each other with home work problems on interpreting regression statistics discussion how to account for capital losses vs. operating losses.

10:00 pm- Back at home review more cases, read next class assignment in text book.

Midnight- watch a letterman” till asleep” board room dream.

Friday, May 9, 2008

Phase I: TePP Project Fund

Phase I: TePP Project Fund
Eligibility

· Any Indian citizen having an original idea/invention/know-how can apply. These proposals can be made by independent innovators or by start-up firms.
Scope & Support
· Proposals to convert an original idea/invention/know-how into working prototype/process.
· Proposals to demonstrate novel delivery models to take S&T innovations to rural India.
· Maximum support under this category is Rs 15,00,000/- subject to 90% of approved project cost.
Mechanism
· Initially, the proposals will be screened at the point of receipt by TePP secretariat or TUC.
· The proposals after initial Screening are assigned to officers at DSIR and TIFAC(DST) for evaluation or will be evaluated by the concerned TUC.
· The evaluated proposals are put forth to TSC for consideration. The TSC recommends the proposal for TePP support, while TPB gives approval for TePP support on file for release of necessary grant.
· The applicant has to sign "Terms & Conditions" prior to the actual release of grants-in-aid.
· For grant above Rs 5 lakhs, project will be divided into phases with clear deliverables at the end of each phase. The project will be continued into the next phase only if the performance in the preceding phase was satisfactory.
· The first release is based on assessment of need by TSC and subsequent releases are based on assessment by project monitoring committee/ authorized TUC.
· Project completion/ closure will be reported to TSC for feedback and record.
Limiting conditions
· The proposals involving software development, only patenting and for basic scientific research having no immediate commercial implications will not be accepted for consideration under TePP. Software Embedded projects and patenting along with prototype development are eligible for support. Innovative S&T delivery models will also be eligible.
· Faculty/student research projects will not be supported, however faculty start-ups and student entrepreneurs will be eligible if they have the right to commercially exploit the technology.
· Proposals of grass root innovators, herbal products (developed by grass root innovators), school children projects will be taken by NIF and not under TePP. Proposals to scientifically test the efficacy and toxicity of herbal formulations developed by innovator (other than grass root innovator) will be eligible for support. Process standardization will also be eligible for support after proving efficacy and non-toxicity.
· The proposals from the owner of a ‘Start-up’ company/industry may be considered for TePP support, if the annual turnover of the company/industry doesn’t exceed Rs. 45.00 lakhs per annum.
· Individuals working in organizations & having innovative ideas may apply for TePP support by furnishing a ‘No Objection Certificate’ from their employer.
· Manpower costs are based on actual & not exceeding 20% of the total project cost. Innovator’s salary and rental expenses for use of own facilities are not eligible for support.
· Travel costs are based on actual & not exceeding 5% of the total project cost.
Phase II: Supplementary TePP Fund
Eligibility
· Innovators who have successfully completed TePP Phase-I projects are eligible. These proposals can be made by individuals or jointly with their business partners.
Scope & Support
· Proposals aim at improving transferability potential of innovations supported under Phase-I, by carrying out such value added work like adding product features, protection by patenting, aesthetic design etc, as desired by business partner.
· Maximum support under this category is Rs 7,50,000/- subject to 90% of approved project cost.
Mechanism
· Proposals will be submitted to TePP and will be screened and evaluated by TePP officials at DSIR and TIFAC.
· The evaluated proposals are put forth to Screening Committee for consideration. The
· The applicant has to sign "Terms & Conditions" prior to the actual release of grants-in-aid.
· TePP Screening Committee(TSC) recommends the proposal for TePP support, while TPB gives approval for TePP support on file for release of necessary grant. The first release is based on assessment of need by TSC and subsequent releases are based on assessment by project monitoring committee/ authorized TUC.
· Project completion/ closure will be reported to TSC for feedback and record.
Limiting conditions
· Only TePP Phase-I innovators are eligible.\
· There is a need to involve Business partner.
· Funds will be released to Innovator.
· Manpower costs are based on actual & not exceeding 20% of the total project cost. Innovator’s salary and rental expenses for use of own facilities are not eligible for support.
· Travel costs are based on actual & not exceeding 5% of the total project cost.




TePP Prototype Centres
Scope
· Several organisations like design houses, technical institutes, incubators, engineering workshops are providing design and fabrication services to innovators, lacking those facilities and capabilities. Few of them will be selected and notified as TPC.
· TePP Prototype Centres offer a singe window service to TePP innovators to convert their idea into a function proving prototype.
· Services of these centres will be made known to the innovators.
· Where there is an agreement between innovator and TPC, it will form part of proposal submitted by innovator to TePP
· In the event the proposal is accepted for support then TePP will release prototyping charges direct to the TPC as a part of TePP support to the innovator.
Compensation
· Proposals will be invited by advertisement
· TPC will be selected by TSC.
· Intellectual property rights will remain with Innovator.
· TPC will enter into a NDA (Non Disclosure Agreement) with TePP.

TePP( Technopreneurship Promotion Program)

Phase I: Micro Technopreneurship Support
Eligibility
· Any Indian citizen having an original idea can apply. These proposals can be made by independent innovators.
Scope & Support
· TS is for micro budget innovations and is also given as initial support to TPF applicants to work further on their ideas to the point they can be considered under TPF.
· Selected projects will be provided financial support to initiate a promising development, prove functionality by a lab model/ computer model/mathematical model, apply for patenting etc.
· Maximum support under this category is Rs. 75,000/- subject to 90% of approved project cost.
Mechanism
· Initially, the proposals will be screened for completeness at the point of receipt, by TePP secretariat or by the coordinators of TUCs (TePP Outreach centres).
· The proposals after initial Screening are assigned to officers at DSIR and TIFAC (DST) for evaluation or evaluated by the concerned TUC.
· Complete and evaluated proposals will be discussed in the TSC (TePP Screening Committee) and those recommended for support by TSC will be submitted on file to TePP Promotion Board (TPB) for approval and finally sanction will be released to those that are approved by the Board. The applicant has to sign "Terms & Conditions" prior to the actual release of grants-in-aid.
· The first release is based on assessment of need by TSC and subsequent releases are based on assessment by project monitoring committee/ concerned TUC. Each of approved projects will be monitored by TUC/ other network partner by including technical expert(s). TUC will be periodically reporting project status to the TSC.
· Project completion/ closure will be reported to TSC for feedback and record.
Limiting conditions
· The proposals involving software development, only patenting and for basic scientific research having no immediate commercial implications will not be accepted for consideration under TePP. Software Embedded projects and patenting along with prototype development are eligible for support. Innovative S&T delivery models will also be eligible.
· Faculty/student research projects will not be supported, however faculty start-ups and student entrepreneurs will be eligible if they have the right to commercially exploit the technology.
· Proposals of grass root innovators, herbal products (developed by grass root innovators), school children projects will be taken by NIF and not under TePP. Proposals to scientifically test the efficacy and toxicity of herbal formulations developed by innovator (other than grass root innovator) will be eligible for support. Process standardization will also be eligible for support after proving efficacy and non-toxicity.
· The proposals from the owner of a ‘Start-up’ company/industry may be considered for TePP support, if the annual turnover of the company/industry doesn’t exceed Rs. 45.00 lakhs per annum.
· Individuals working in organizations & having innovative ideas may apply for TePP support by furnishing a ‘No Objection Certificate’ from their employer.
· Manpower costs are based on actual & not exceeding 20% of the total project cost. Innovator’s salary and rental expenses for use of own facilities are not eligible for support.
· Travel costs are based on actual & not exceeding 5% of the total project cost.
· TS is not an award for work done but a grant for work to be done.
Phase II: Seamless Scale-up Support for TePP
Eligibility
· Innovators who have successfully completed TePP Phase-I projects are eligible. These proposals can be made by individuals or jointly with sponsoring organizations
Scope & Support
· Proposals aim at incubating enterprise promoted by TePP Phase-I Innovator. Activities aim at improving market access of innovations supported under Phase-I, by carrying out such value added work like adding product features, protection by patenting, aesthetic design, limited production for market seeding etc, as per approved business plan.
· Maximum support under this category is Rs 45,00,000/- subject to 50% of approved project cost.
Mechanism
· The innovators will be presenting their achievements in Phase-I and plans for commercialization to TePP
· The proposals are assigned to officers at DSIR and TIFAC(DST) for evaluation.
· The evaluated proposals are put forth to TSC for consideration. The TePP Screening Committee(TSC) recommends the proposal for TePP support, while TPB gives approval for TePP support on file for release of necessary grant.
· To facilitate `financial closure’ the innovator will be given letter of intent, based on which innovator can firm up agreements with banks/ institutions to raise innovator’s part of resources.
· After Financial closure, the applicant has to sign "Terms & Conditions" prior to the actual release of grants-in-aid.
· The first release is based on assessment of need by TSC and subsequent releases are based on assessment by project monitoring committee/ authorized TUC.
· Project completion/ closure will be reported to TSC for feedback and record.
Limiting conditions
· Only TePP Phase-I innovators are eligible.
· There is a need to submit viable Business plan .
· TePP support will not exceed 50% of approved project cost subject to ceiling of Rs 45 lakhs and innovator need to raise resources for balance of the project cost. This arrangement has to be made before release of first sanction by TePP.
· Funds will be released to Innovator.
· Manpower costs supported will not exceed 20% of the total grant amount. Innovator’s salary and rental expenses for use of own facilities are not eligible for support.
· Travel costs supported will not exceed 5% of the total grant amount.

Part 2: Key strategies for Marketing Management

Part 2: Key strategies for Marketing Management

As we have already discussion about the needs and wants of the customer. After the customer needs and wants How to go for other big marketing strategies questions:

How do you target and segment the Market?
How do you position a product or services?
How do you use Marketing to build a sustainable competitive advantage?

Above these questions are use to help to go for the STP (segmentation, Targeting and Positioning).

As we have sufficient information and data in two format primary data and secondary data. These data are used to make the Marketing strategies depending on the above two questions.

By the above question we will get the following main headings like:

Ø Target Market
Ø Market Segmentation
Ø Mass Customization
Ø Composite segmentation plans
Ø Customer Loyalty
Ø Positioning
Ø Perceptual Map

Even though depending on the marketing strategies five determinants play very important role in customer perspective:
i. Reliability
ii. Assurance
iii. Tangibles
iv. Empathy
v. Responsiveness.

These are the points which are required to discuss about the Marketing strategies…

Key conccepts of the Marketing Management (part 1)

Key Concepts of the Marketing Management:

“The purpose of business is to create and retain the customer.” Peter Ducker

Marketing management is the main tools of the business. Marketing is the set of activities within the enterprise or organization designed to plan. Price, promote and distribute products to target markets.

So the first question which arise in marketing management is

What are the customer’s needs and wants?
And how do consumers go about their decision?

The above questions answer will give the results on these parameters-
Features vs. benefits
Customer value
Customer satisfaction
Market research
Market intelligence
The decision making units
The decision making process
Consumer Involvement


There are eight parameter where three parameter based on customer’s, another two parameter based on the information and data collection by survey another three parameter define the decision making methods of the consumer.

For example kids need will be decided by the parents etc.

Friday, May 2, 2008

Business Planning

Planning is the strategies to win the game.
Similrly the Business Planning is the winning plan. Their are some common mistakes which occur during the Business planning and Implementation.
As we know that Business Planning is theoratical part while the Implemantation is practical conditon.

Some of the common mistakes occur during the Business planning.

* No clear objectvie- Some time in the business planning they deviate from the path. Becouse before going to make the next step just review the past phase of the project.

* No proper Marketing plan: some time they mentioned all the marketing plan without adding practical marketing strategies or they have no clear cutt path how to achieve the marketing pla.

* Overestimation of the revenue: Most of the Business planner are highly experience so they have some experience in flourished company. so their prediction are wrong during the revenue estimation for the new company.

* Lack of the viable opportunity:

* no proper prediction of the money appreciation. as we all know that current market scenario are changing rapidly but its difficult to predict the appreciation module.

* Copetition prediction

this is also very flexible condition in which the in initial case may be no main competitors availabel but in future amay be some highly strong competitors occurs in the market.

* Lack of consistency in Business plan: common planner should be bttter for the complete business paqllning module. Becouse everyone's observation is diffrent on common points.

so the plnner should be consistants.

Monday, April 28, 2008

Business Process Reengineering(BPR)

"Companies cannot grow through cost reductionand reengineering alone.... innovation is the key elements in providing aggressive top line growth and for increasing bootom line results"

Business process rengineering the process to updrade the process by using the fundamentals.

Friday, April 25, 2008

TePP( Technopreneurship Promotion Program)

Techno-preneur Promotion Program:
As we all are aware that India's Economy is growing rapidly. Before five year only two three bsuiness Tycoon was in the richest list. But now a days its growing day by day. Its not becouse of the other reason is is becouse of the people believe in not to work in the company now people are thinking about to start a company of venture.

To suuport this kind of venture government is providing the fund.
Similarly the technopreneurship is conccept by which if any individual or group having some new and innovative idea they can get the opportunity to full fill there dream.
Technocrates are basically doing alot for the company and even though becouse no proper support and guidance they divert from the right path.
TePP is provinding the support and guidance to the entrepreneur to full fill there dream.

If any one need any information regarding this feel free to mail me.

This project is run by the support of the DSIR,TIFAC and DST.
For more deatisl fo these activity http://www.dsir.gov.in/, Department of Science and Industrial Research
http://www.tifac.org.in/ Technolgy Information Forcasting Assesment Council.

In this goverment are promoting the Innovative Idea's of the Individaul and group. Government provide the fund more than enough to commercial it. It vary from 75,000 to 45,00,000 INR.




Wednesday, April 23, 2008

Market Research Outsourcing (MRO)

Market research out sourcing is the newly developed business outsourcing for the Market Survey and analysis.
Basicall the new era is totaly based on competition and customer . Where for small business and Large scal business needs alot of resaerch and data for the the growth and sustain themself.
Its difficult for the inductsry to provide the end to end solution.

So this good opportunity for the Innovator and Mathemetician,Business Consultatan to make the good money by search and data interpretation.

If any one need more information related to MRO. Please feel free to mail me.

Entrepreneurship

What qualities required for the Entrepreneur?
1. Enthusiam
2. Dynamic
3. Understand the business
4. Think diffrently or having the aptitude to understand the fault.
5. Ready to listen critisism.
6. Good Listener
etc.....

Thursday, April 17, 2008

Business Incubator

Incubator is the place where the products are getting the place to grown up in good invironment and proper neutrients which is required for the development.

Business Incubator is the process where the person's business thought and idea can be develop and it gets the complete environment by which it grown up.
SOme times the a lot of innovative ideas failed becouse they are not getting the proper direction and guidance,even though really it has potential.
In our Business Incubator process we are providing the guidance with experience people and also make proper business plan with brain storming discussion.

In this process may be business can fail in some step but it will sure give give good result.
If any body need any information and discssion please feel free to contact me.

Wednesday, April 16, 2008

Recruitment process outsourcing(RPO)

As we all know that India is expert country in the word of the out sourcing.
some of the special word which most of the people are familiar.
BPO( Business Process out sourcing)
KPO(Knowledge Process Outsourcing)
similarly
RPO is recruitment process out sourcing. where the recruiter will take the requirement from the company and provide the end to end services to the company related to recruitment.
If any one intrested in detail discussion about the RPO please mail me

Wednesday, April 9, 2008

Serach Engine Marketing(SEM),SEO,

Internet marketing

Now a days most of the business is converting from manual to aumated and letter to e-mail.

company profile to website etc. Transaction check and Cash, draft to online transaction.

Similarly Marketing is also changing from hard core and sales man to online Maketing.

Basicall online Marketing is strategic tools to use to increase th ROI and simplyfy the process.

The First step to move towards the internet Marketing is a good quality website covering your complete bsuness Module.

so some of the essential quality which is required for the any website.

1. The website must contain your all the sevices product and process. for this you need to explain the contents writer to work closely with your marketing team and operration department head. Means it delivers what it promises.

2. Site should be quickly downloded becouse we know that a internet user continuously accessing the multiple ste at the same time.

3. The information of the site must be changed frequently by which the visitors must visit your site in search of the new information.

4. In most of the site they are not properly giving the contact information in this case conact information should be easy to find.

5.It must be siple in use for your target audiance.

6. It must contains some feedback form, e-mail forms. and may be the some online rating etc...

7. sample products should creat the intrest on the product.

So this first step of the internet marketing. If you have any querris on above feel free to mail me.

Human Traffic Engineering

Every day we are reading the nesw paper with two wheeler accident.
I want to share the statics related to the road traffic and accident.
For this i would like to share my view to the people to share there experience related to it.

Tuesday, April 8, 2008

Wi Max( worldwide operability microwave access)

Wi-max is the upgrade technology of the wi-fi.

How do i change?

How do I change?


If I feel depressed I will sing.
If I feel sad I will laugh.
If I feel ill I will double my labour.
If I feel fear I will plunge ahead.
If I feel inferior I will wear new garments.
If I feel uncertain I will raise my voice.
If I feel poverty I will think of wealth to come.
If I feel incompetent I will think of past success.
If I feel insignificant I will remember my goals.
Today I will be the master of my emotions.

Monday, April 7, 2008

Requirement analysis for the project

Basically Requirement analysis can devide in three parts-
1. Requirement analysis based on Technical conccept.
2. To undestand the Business Mosule.
3. On the basis of the client's client

for these above requirement analysis..

Project Management Basics

Phase of the Project Management for IT based company:

1. Analysis: in this phase the project manager will discuss the client’s requirements for the solution. This requirement will be based on
i. Business Environment
ii. Processes
iii. Systems
iv. Employee or user
v. Client’s clients
vi. And Organization structure.

Above all the points are considered for the analysis.

2. Design: In this phase a prototype solutions are design for the clients based on the above requirements. In this case project manager will design the module for the clients’ confirmation to development of the project.
3. Development: it is the most time consuming phase. This steps involved-
i. writing software code
ii. constructing hardware
iii. building data base
iv. Writing user interface.

If this phase is not properly executed it means there are gap between the clients requirement analysis and developer.

4. Testing: When solution has been built up the tester will match the clients requirement check all the condition. There are various types of testing includes system;
i. system
ii. load
iii. performance
iv. security
v. user interface testing


5. Implementation :After completion of the testing this is last phase where the project is going to implement in real system.

So final “check and Balance” in this case the project gives the result as the clients’ requirement.

These are the common type of the project management phases. As the completion of the project increasing the phases will be come more completed.

Thursday, March 27, 2008

what is corporate sales?

Basically corporate sales is systematic way to sale the product to the corporate.

In this process we need to follow the following process.

1. Data collection and find the requirement based on product.

2. Call for the appointment and before appointment possible to throgh with company profile.

3. After appointment understand the business of the company and what you are offering and how it will be hrlpfull to the clients.

4. Prepare the PPT to explain to the head of the corprate team.

5. Ready for the negotiation .

be in touch with the deptt for the feedback.

So the corporate sales is tough job for the beginner.

what is corporate sales?

Saturday, March 15, 2008

hi

hi

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