Ranjithaa.K.C1st MBA

Saveetha School of Management

• Introduction

•Women Entrepreneurs

• Traits of Women Entrepreneurs

• Management Studies

• Successful Entrepreneurs

• How Management Studies Helps Entrepreneurs

• Managerial Skills

• Problems Faced by Women Entrepreneurs

• Suggestion

• Conclusion

This paper speaks about the successful

women entrepreneurs, the status of

women entrepreneurs, their identity,

and especially of their role taking and

breaking new paths, how management

skills/education helps them as an

entrepreneur, and the problems faced

by them when they ventured out to

carve their own niche in the

competitive world of business

environment.

According to Schumpeter’s concept,

“Woman who innovates, imitate or adopt a

business activity is known as women

entrepreneurs”. Government of India

defined women entrepreneurs as owning and

controlling an enterprise with a women

having a minimum financial interest of 51%

of capital and giving at least 51% of the

employment generated in the enterprise to

women. Women entrepreneurs are key

players in any developing country

particularly in terms of their contribution to

economic development.

Masters in Management Studies is a postgraduate program for management studies offered by many universities throughout the world. The course allows women to obtain the knowledge and skills to be assume management positions in a wide range of organizations.

In business management course, it will equip women to understand how organizations work, how they are managed, and how they interact with local, national and international environments. This course gives a brief introduction to the critical management skills involved in planning, structuring, controlling and leading an organization. It provides a framework to help women understand managing and being managed.

It provides us with useful resources that will

help you in business.

Doing so, it may help you to get into correct

stream of business.

It helps to develop various managerial skills

Conceptual skills

Human skills

Technical skills

Communication skills

Administrative skills

Leadership skills

Problem solving skills

Decision making skills

Perspective communication

Inclusiveness

Resourcefulness

Improvisation

Building professional relationships

Risk-taking

Good organizer

Self-confidence

Decision-maker

Visionary

Hard worker

Achievement oriented

Optimistic

Technically competent

Bold and brave

Mentally sound

Leadership

Let’s see some live inspirations of Women

Entrepreneurs

Position: MD and CEO: ICICI Bank

4

Position: Founder President: The Ladies wing of

FICCI and Chair Person: The Bharatiya

Jnanpith Trust

5

Position: CMD, Biocon

3

Position: Country Head, HSBC Bank

2

Position: Chairman and CFO: PepsiCo.

1

Arrangement of finance

High cost of

production

Limited mobility

Discrimination in upbringing

Networking

Absence of entrepreneurial aptitude

Lack of Education

Family conflicts

Marketing problems

Lack of self

confidence

Cut throat competition

Shortage of raw

materials

Problems

faced by

Women

Entrepreneurs

Start a business that works for you and fits with your personal life

Don't sweat the bureaucracy

For businesses with moderate to significant overhead, it is crucial to start the business with adequate funds

Select a business that you love and know something about

Research the product or service

Assess the market

Consult with professionals

Define the legal entity

Protect yourself and your business

Assess your finances

Write a business plan

Network

Be positive, patient, and flexible

Entrepreneurship among women improves the

wealth of the nation in general and of the family

in particular. Women today are more willing to

take up activities that were once considered the

preserve of men, and have proved that they are

second to no one with respect to contribution to

the growth of the economy. Women

entrepreneurship must be moulded properly with

entrepreneurial traits and skills to meet the

changes in trends, challenges global markets and

also be competent enough to sustain and strive

for excellence in the entrepreneurial arena.