Woman CEO

By S Adeeb Mujtaba Ali

   

According to Investopedia, A startup is a young company founded by one or more entrepreneurs to develop a unique product or service and bring it to market. By its nature, the typical startup tends to be a shoestring operation, with initial funding from the founders or their friends and families. 

 After reading and going through many blogs on start-ups and woman entrepreneurs I landed on a guest post of Kate Endress. She is CEO and cofounder of DITTO.com, which is an eCommerce site dealing in customized designer eyewear including the contemporary prescription sunglasses. She graduated from Stanford Business School, worked as a private equity investor, and embarked on her journey as an entrepreneur. In her guest blog post, she describes that there is an increasing number of great female role models who serve as inspirations. She states that women lead just 8% of venture-backed companies. Also, that decision of hiring Marissa Mayer by Yahoo while she was pregnant was not only exciting but also inspiring. Kate Endress shares that how fruitful was the strategy discussed by Marissa Mayer in her talk at Stanford Business School about How a woman CEO can achieve a work-life balance? Based on her personal experience Kate Endress has shared four pieces of advice:

  1. Connections Count: Build Your Network It is important to have genuine connections for the long run. All it starts with sharing your business ideas confidently, a strong and warm handshake followed by friendly eye contact. As business owners we all are busy, but meeting a new business owner every month (at least) is highly motivational. 

  2. Let Others Help: Tap The Resources There are several resources and organizations which are supporting woman entrepreneurs, utilize the facilities. It's always good to work in team or group. Its advisable to utilize the available resources and encash opportunities to grow. All this helps in networking, mentoring, generating and investing.

  3. Don't Forego Funding: VCs Are Becoming More Balanced Small venture community or woman startups are more successful for example Women make up 60% of Zynga's customers, 77% of Groupon's customers, 82% of Pinterest's users, and 70% of all eCommerce buyers. Kate Endress quotes," If your target market is women, you can leverage your experiences and build a better story of how your company will reach other females.". There are many government grants available for woman entrepreneurs. 

  4. Learn To Lead: We Need More Movers, Shakers, and Mentors Have a voice, speak out confidently, realize your weaknesses and work on them. Build your own team of strong women mentors another young woman who wants to be a businesswoman in the future. Set an example for other females and run the show while building your own network. Many of us dream to have our own startups at some point in life. Theirs no expiry date. You can start your venture at any age, what counts is the zeal, go-getter attitude despite all the odds? Buckle up. All the best.

   WE NEED MORE WOMEN ENTREPRENEURS! Please leave comments and share your thoughts on the same.

Aatma Nirbhar Bharat(ANB)

 By

S Adeeb Mujtaba Ali

 ANB (self-reliance India) 

Glimpse

Aatmanirbharbharat (mygov.in)

To be continued

Indian education sector-2

...continued

By, S Adeeb Mujtaba Ali

 Major Initiatives are taken up by government:

 November 2020:                                                                                                                                        The Indian Central Medicine Council (CCIM), which governs medical study and practice of Ayurveda, amended the 2016 regulations of the Indian Medicine Central Council (postgraduate Ayurveda education) to allow Ayurveda PG students to practise general surgery.

Two future-ready Ayurveda institutions—the Institute of Teaching & Research in Ayurveda (ITRA), Jamnagar, and the National Institute of Ayurveda (NIA), Jaipur, were dedicated by our Prime Minister, Mr Narendra Modi to forge interdisciplinary collaborations and give a contemporary boost to Ayurveda.

 Digital Skills Academy, by IIT Madras, launched training courses for banking, financial services and insurance sector.

All India Council of Technical Education (AICTE) inaugured 46 online AICTE training and learning (ATAL) academy faculty development programmes (FDPs) on ‘molecular manufacturing’ in a drive to develop and train its faculty worldwide.

  Prasar Bharati (India’s public broadcaster) entered into an MoU with the Ministry of Electronics and Information Technology to launch 51 direct-to-home (DTH) education TV channels.

Government allocated Rs. 59,845 crore (US$ 8.56 billion) for the Department of School Education and Literacy.According to Union Budget 2020-21

Announcement of revitalising Infrastructure and Systems in Education (RISE) by 2022 in Union Budget 2020-21 and proposed an outlay of Rs. 3,000 crore (US$ 429.55 million).

Under Union Budget 2020-21,  apprenticeship embedded degree/diploma courses by March 2021 in about 150 higher educational institutions proposed by the government.

In 2030, it is estimated that India’s higher education will:

Combine training methods that involve online learning and games, and is expected to grow 38% in the next 2-4 years.

-Adopt transformative and innovative approaches in Higher education.

-Have an augmented Gross Enrolment Ratio (GER) of 50%.

-Reduce state-wise, gender-based, and social disparity in GER to 5%.

-Emerge as the single largest provider of global talent with one in four graduates in the world is a product of the Indian higher education system.

-Be among the top five countries in the world in terms of research output with an annual R&D spend of US$ 140 billion.

-Have more than 20 universities among the global top 200 universities.

Besides focusing on new education techniques, such as E-learning and M-learning. Various government initiatives are being adopted to boost the growth of the distance education market

Education sector has seen a host of reform and improved financial outlays in recent years that could possibly transform the country into a knowledge haven.  In the current decade, the development of education infrastructure is expected to remain the key focus. In this scenario, infrastructure investment in the education sector is likely to see a considerable increase. With human resource increasingly gaining significance in the overall development of the country

The Government of India has taken up several steps like opening of IIT’s and IIM’s at new locations, allocating educational grants for research scholars in government institutions. Furthermore, with the online mode of education being used by several educational organizations, the higher education sector in India is set for major change and development in the years to come.

#sti

Reference:

Education & Training Sector in India: Education System, Growth & Market Size | IBEF