heritage knowledge value concept
TRANSCRIPT
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Yeshwanth Raj ParasmalFounder & MDKolkata, 06 May 2010
Knowledge Value Concept
+About Us
We are a private limited company based in Bangalore
We provide education management services for planning, establishing and managing of an academic institute
In the past, we have advised engineering colleges, medical colleges, nursing colleges, universities, international schools and even special education vehicles
Our expertise extends across the entire need-spectrum and value-chain of a typical education institution.
+Our Expertise
+Our Directors
Dr. Gururaj Karajagi, Chairman
Mr. Yeshwanth Raj P, Founder & MD
Mrs. Nupur Yeshwanth Raj, Co-founder & ED
CA. Dilip Kumar, Independent Director
Mr. B K Gupta, Independent Director
Mr. Ajith R, Independent Director
+Our Chairman
A committed educationist who has spent more than three decades teaching and establishing outstanding institutions.
He is also the Chairman of Academy of Creative Teaching, Bangalore and Vyasa International School, Bangalore.
To his credit, he has established more than twenty institutions in India and in Thailand, Kingdom of Bahrain, etc.
+Our Founder & MD
An MBA in Education Management from University of Southampton, UK
Has over ten years of experience in the sector.
His expertise is in Lean Thinking in Education, Strategic Planning, Systems Development, Concept Design & Branding.
In the past, established Business Schools, University, Schools and Engineering Colleges
Was featured in Zee Business 30 minutes program, “Swadesh”
+Our Advisers
Mr. R K Kaushik Mr. Siva Peddibhotla Dr. P. Sridhar
Ms. Deepthi Murthy
Dr. John Taylor
+Our Partners
+Current Projects
The Mayoor School, Raipur, in collaboration with The Mayo College General Council ((Rs. 28 Crores)
Pragati College of Engineering & Management, Raipur (Rs. 32 Crores)
Delhi Public School, Raigarh (Rs. 16 crores project)
Adarsh College Raipur in collaboration with Adarsh Group of Institutions, Bangalore (Rs. 7 Crores)
Birla Edutech Pvt Ltd – Pre Schools and K-12 Schools
Other assignments in Morena, Bangalore, Bellary, Sambalpur, Ludhiana, Surat, Rajnandgaon & Bilaspur.
Academic Handholding for 14 Schools in Karnataka
+Mayoor School
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Our Core Competency
STRATEGUM
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Low High
Differentiation
DRIVERSFeatures that are
important to customers and
highly differentiated
from the competitionFOOLS GOLD
Features that are distinctive but do not
drive customers’ loyalty to brand
NEUTRALSFeatures that are
irrelevant to customers
‘HYGIENES’Features that are
important to customers but are
provided by all competitors at a
similar level
Customers is a common term used here to include students, parents, industry and society
12+The Opportunity… Bottom of the Pyramid (Prof. C K Prahalad)
“World Class”
“International”
“National”
+Indian Education Sector
According to CLSA Asia Pacific Research Study:
The size of the current market in K-12 Segment is US$ 20 bn
Professional Colleges is US$ 7 bn
Total Educational Sector is US $ 40 bn and will grow to US $ 68 bn by 2012.
Education Sector has long been neglected by Private Large Players; but its ready to take off with advent of large corporate groups entering the Space.
Ready to take-off
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STRATEGUM
15
The4
Questions
1What are the
strategic choices?
2Why start a University?
3Which
disciplines, approach &
model?
4What’s the feasibility ?
+University
University is a place where the notions of truth / facts are challenged in the pursuit of knowledge
It is a place where knowledge is created through research and teaching
It generally cannot be specialized, essentially inter-disciplinary
Practically, a University can award a Degree in its own name & Seal; It can design its own syllabus, examination pattern, academic systems and conduct its own examinations
How is it different from a College?
+University
Contrary to popular belief, it is not free from Quotas, Fee Regulation, Statutory Standards / Norms and Jurisdiction
The Media, Public and Government are more sensitive about Universities (Deemed, Private or Foreign) than ever before
University’s main transactions are (a) Research, and (b) Teaching-Learning. Research cannot be ignored, any longer
The Academic Administration, Governance & efforts to build Credibility are key processes that are basically large overheads and do not generate revenue
How is it different from a College?
+Requisites for University
+ Colleges to University
Private | Deemed | Auto. College
Partnerships with Industry | Institutes | Community at National & International Level
16 Years to 60+ Years |Catchment
Chalk & Board to Virtual Learning
Single to Multi-discipline
Conventional to Non-conventional programs, Research, Incubation
50 Crores to 200+ Crores
Land area | Location | Legislation | Resource limitations
Education Sector
Mode
Collaboration
Target Group
Delivery Model
Disciplines
Programs
Investment
Other Factors
KEY
VA
RIA
BLE
S
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Key Challenges
Legislation – uncertainty, complexity
Political – state and centre
Long gestation period of seven to ten years
Hyper competition
Managing the “white elephant”
Makes you unresponsive, small, smart and nimble players can beat you in growth and returns
Acceptability at global level
Irreversible and affect on existing Institutions
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Key Opportunities
Astronomical growth projections in Higher Education Space
Increasing trend of students from foreign countries coming to India
With research division, can make meaningful, sustainable contribution to Kolkatta, West Bengal, India
Early Mover Advantage with limited universities in private space
Ease of collaborations
Revenue streams widen as sectors open
Opportunity to leave a legacy behind for the many generations to come
+Heritage University
Higher Education Township
Industry – Institute – Community Partnership
Need-based, Merit-based Foreign collaborations
Incrementalist Approach
Practical use of Instruction & Communication Technologies
Multi-disciplinary Programs
Academics – Research – Consultancy (ARC Approach)
Some first thoughts…
+Heritage UniversitySome first thoughts…
SciencesHERITAGE
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Some Images
To capture your imagination
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Some Images
To capture your imagination
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Some ImagesTo capture your imagination
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established in 2003 with Philanthropic goals
Today has 5 Campus, 15 Schools, 75 Degree Progs, 1000 faculty, 7000 students
All Campuses inter-networked via satellite
Mission: To solve the monumental scientific and societal challenges faced by the world today
Has a separate Division “Strategy” with departments for New Progs, Research Projects, Infrastructure, Corporate Relations, Strategic Alliances and Strategic Initiatives
Case Study: Amrita
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Indo-US University initiative signed in presence of PM and President of India with 20 top US Universities including Harvard, Princeton, Yale, Purdue and others.
More than 60 Research Projects with international collaboration involving top rates US and European Universities, Research Centres.
Faculty, full-time and visiting, are drawn from across the world
www.amrita.edu
Case Study: Amrita
+Way forward
Discuss and debate on the key variables
May also organize a National / International Symposium on “How to build a world-class university that addresses the challenges of our times”
Undertake a Feasibility & Market Study – a detailed, insightful study covering entire gamut of the project
Key Decisions related to Budgetary provisions, timelines, acquisition of land and team formation
