Cultivating an Entrepreneurial Mindset
What are the key ingredients that drive success in startups? How do entrepreneurs capitalize on new ideas and bring them to market? How is an entrepreneurial mindset different from a managerial one?
This course engages with these and other key questions and enables students to understand how entrepreneurs are able to connect the dots to recognize patterns, visualize opportunities and get a feel of the language entrepreneurs engage in the business world. Students try to draw conclusions whether entrepreneurship should be confined to establishing and running a venture or it can be a mindset that they follow through their lives.
New Venture Planning
What tools do entrepreneurs need to successfully launch new ventures? What legal entity should a startup adopt? How do entrepreneurs raise funds, establish a team and get their venture of the ground? What are the key ingredients of a successful start-up?
Through a mix of case discussions, assigned articles and in-class activities, students learn the start-up process in establishing a venture, and get a feel of the practical challenges and opportunities involved in building ventures and the rewards it offers.
Creativity and Design Thinking
It is often said that “Today, thinking is more important than knowing”. Opportunities are what we all look for and their counterpart — the problems — are what we need to solve in daily lives. The dynamic environment of the twenty-first century requires more creative skills from citizens than just analytical skills to manage in the ever-changing work environment. This course is designed to help students develop the ability to think of solving problems in new and interesting ways.
Social Entrepreneurship and Impact
Living in India, one does not need facts and figures to understand the monumental challenges faced in the process of development and the need for social change. The idea of “Social Entrepreneurship” today captures much of the innovative thinking that has emerged over recent years to overcome these challenges. By seeking to merge the creation of societal value with more market like pursuits, it seeks to engage individuals who are interested in contributing to society but are either wary of or intimidated by the traditional actors in the social space. However, the increased attention to the sector has also lead to recognition of its limitations.
This course tries to understand private actions that engender social change and sources of resistance and threats to it.
The specific objectives of the course are to help students:
● Engage with the complexities and paradoxes of social change
● Understand the need, role and functioning of social entrepreneurs in society
● Understanding models of social entrepreneurship
● Engage with evaluation frameworks for social enterprises