Upload
vaishnavi-krushakthi
View
225
Download
0
Embed Size (px)
Citation preview
7/30/2019 Entrepreneurship Development Programme(EDP)
1/18
Project management &
Entrepreneurship
By,Prof. Balaji Srinivasan
7/30/2019 Entrepreneurship Development Programme(EDP)
2/18
Entrepreneurship Development
Programme(EDP)
EDP: (is expected to achieve)
Removal of unemploymentEnhancing of industrial development
Promoting of small scale industries
Development of industrially underdevelopedregions
7/30/2019 Entrepreneurship Development Programme(EDP)
3/18
Techniques of identifying potential
Entrepreneur is based on:
Sound theoretical background. Standardized tests administered by experts
7/30/2019 Entrepreneurship Development Programme(EDP)
4/18
Approaches:
The traits (or) personality theory approach
(TTA):
This theory states that prospectiveentrepreneurship certain personality traits such as
risk taking,achievement motivation which
distinguish them from others.Hence people are
selected by conducting Psychological tests aimed
at measuring such traits.
7/30/2019 Entrepreneurship Development Programme(EDP)
5/18
Field Theory approach
This theory states that the individual
behaviour is to be studied in the social (or)
environmental context of person.
7/30/2019 Entrepreneurship Development Programme(EDP)
6/18
Role theory approach
Here individual is to be studied in two contexts:
What a person perform
How he reaches to the situation
Here, past history of the candidate is necessary to
look into for understanding his entrepreneurialabilities.
Note:
Any single theory cannot be an answer to
selection procedure; combination is to beconsidered.
7/30/2019 Entrepreneurship Development Programme(EDP)
7/18
Test for selection
Paper & pencil test
Projective Test
Situational Test
Biodata questionnaire followed by
individual interviews.
7/30/2019 Entrepreneurship Development Programme(EDP)
8/18
Other conducted to assess the
motive of the people
Thematic Apperception Test (TAT):
Person is expected to a series of pictures for brief period of
time and is required to write short stories (in 5 or 6 minutes)
about the pictures.
7/30/2019 Entrepreneurship Development Programme(EDP)
9/18
Competence
A competence is an underlying characteristics ofa person, which results in effective and/or superior
performance in a job.
A job comptence is an underlyingcharacteristics of a person, in the it may bemotive,traits,skills,aspect of ones seld image (or) a
body of knowledge which one uses.
The existence of the characteristics may (or)may not be known to the person
7/30/2019 Entrepreneurship Development Programme(EDP)
10/18
Developing Entrepreneurial
Competencies
Understanding & recognizing
Self assessment
Practice
Application in Real life situation.
Feedback
7/30/2019 Entrepreneurship Development Programme(EDP)
11/18
Industrial location : Strategic
DecisionImportant Factors: Availabilty of Raw materials
Nearness to market
Infrastructural facilities
Govt policy
Availability of Manpower (i.e) Labour
Local laws & Regulations
Ecological & Environmental factors Competition
Fire service, Police, Hospital etc.,
Start the industry at ones native place i.e. Home land
7/30/2019 Entrepreneurship Development Programme(EDP)
12/18
Plant layout
Factors to be considered Production tech & Production nix
Efficiency & uninterrupted flow of men &
material Adequate space for maintenance work
Scope for future expansion
Adequate safety precautions, as & whenneeded
7/30/2019 Entrepreneurship Development Programme(EDP)
13/18
Healthy conductive layout of plant
Proper lighting & ventilation
Proper prvision for waste disposal
Proper storage, stocking space etc.,
7/30/2019 Entrepreneurship Development Programme(EDP)
14/18
Product Design
Standardization Product specification
Technical, Financial, Economic, Market
Product design
Technical specification
Production
Scheduling
Proper inspection Product inspection
Centralized & Decentralized location
7/30/2019 Entrepreneurship Development Programme(EDP)
15/18
ua y con ro n ma ca eindustries
Indian standard specification (ISS)
Quality marketing schemes
Company standard incase of ancillary units
Any other standard specification prescribed
by the government
7/30/2019 Entrepreneurship Development Programme(EDP)
16/18
How much to order?
Q= 2cs/IC= Annual usage of item in units (demand)
S= Cost to place one order
I=Annual carrying cost/unit.
7/30/2019 Entrepreneurship Development Programme(EDP)
17/18
Questions
7/30/2019 Entrepreneurship Development Programme(EDP)
18/18
Thank u..