women entrepreneurship ppt

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    Women Entrepreneurs

    Gauri Pardeshi (0203)Sayali Kher (0221)

    Deepti Kolar (0222)Krisha Turakia (0223)

    Mausami Wagh (0233)Priya Patel (0245)Irfan Syed (0261)

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    Definition Any woman or group of woman who

    innovates, initiates, or adopts an economic

    activity may be called a womanentrepreneur. (Marshal)

    It is an enterprise owned & controlled by

    woman or a woman having a minimumfinancial interest of 51% of the capital inthe enterprise. (GOI)

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    Context of change Increasing globalization

    Impact of technology

    Impact of media & other cultures

    Impact of Social, Economic & Politicalcross currents of the world.

    Unforeseen & unanticipated eventsacross the world

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    Context of growing up of Women

    Mass Education

    Industrialization

    Context ofchange

    PoliticalIdeology ofGovernance

    Social CulturalContext

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    Women & Social Role Interface

    Self Role

    Membership

    Daughter

    Mother

    Community

    Parents

    Wife

    Fig. Women & Social Role Interface

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    Journey Women entrepreneurs of the 50s

    Women entrepreneurs of the 60s

    Women entrepreneurs of the 70s

    Women entrepreneurs of the 80s

    Women entrepreneurs of the 90s Women entrepreneurs of the 21st century

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    Some Facts About Women

    Entrepreneurs Demographic characteristics

    International implications Strategies

    Sources of capital

    Motivation

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    Problems faced Lack of Confidence

    Lack of Working Capital

    Male dominant social order & family obligations

    Low level management skills especially inmarketing and sales side of business.

    Lack of knowledge of alternative source of rawmaterials availability and high negotiation skills.

    Low Literacy rate among women.

    Difficulty in venturing into new areas.

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    Developing Women Entrepreneurs Provision of better educational facilities and

    schemes.

    Adequate management skills to be imparted tothe women folk.

    Encourage women participation in decisionmaking.

    Training and counseling to existing womenentrepreneurs to remove psychological causeslike lack of self confidence and fear of success.

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    Developing Women Entrepreneurs contd...

    Treat women with dignity and respect aspersons in their own right.

    More governmental schemes to motivate womenentrepreneurs to engage in small scale andsmall scale business ventures.

    Financial institutions should provide moreworking capital assistance to small and largescale ventures.

    Set-up of a Women Entrepreneur's Guidance

    Cell .

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    Few Examples

    Indra Nooyi

    Dr. Kiran MazumdarShaw

    Anu Aga

    Sulajja Firodia Motwani

    Ekta Kapoor

    Vidya Manohar Chhabria

    Priya Paul

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    Indra Nooyi An Indian born American businesswoman

    Former Employers

    - Boston Consulting Group

    - VP at Asea Brown Boveri

    - Motorola Joined PepsiCo in 1994

    President and CFO in 2001

    Nooyi has directed the company's global strategy for more than decade

    - 1997 -> Divestiture of its restaurants into Tricon (Yum! Brands)

    - 1998 -> Acquisition of Tropicana & merger with Quaker Oats Company In 2007, she became the 5th CEO of PepsiCo

    Currently the Chairperson and Chief Executive Officer (CEO) of PepsiCo

    Key Achievements

    2007 & 2008 : Wall Street Journals list of 50 women to watch & Times 100Most Influential People in The World

    2009 : CEO of the Year by the Global Supply Chain Leaders Group

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    Dr. Kiran Mazumdar

    Shaw Chairperson & Managing Director of Biocon Ltd Studied at the Bishop Cotton Girls School and Mount Carmel College in

    Bangalore. Founded Biocon India with a capital of Rs.10,000 in her garage in

    1978 Initial operation was to extract an enzyme from papaya. Application for loans were turned down by banks

    biotechnology was then a new word the company lacked assets women entrepreneurs were still a rarity

    Today, it is the biggest biopharmaceutical firm in the country In 2004, Biocon went for an IPO and the issue was oversubscribed by

    over 30 times PostIPO, Shaw held close to 40% of the stock of thecompany

    She was regarded as Indias richest woman with an estimated worthof Rs. 2,100 crore (~U.S. $ 480 million)

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    Anu Aga Chairperson of Thermax Engineering

    The Companys condition was critical at that time. Its share pricedipped to Rs. 36 from Rs. 400

    Anu Aga, the then Director of Human Resource, Thermax, wascompelled to take charge of the company

    In order to make the company profitable, she brought a consultantfrom abroad and restructured the company

    The strategy worked and the company saw profit again

    She stepped down from the post of chairperson in 2004 Now, she spends most of her time in social activities

    Bombay Management Association awarded her ManagementWoman Achiever of the Year Award 20022003

    After retiring from Thermax, she took to social work, and 2010 was

    awarded the Padma Shri (Social Work) by Govt. of India

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    EKTA KAPOOR

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    Introduction Love her or hate her, but you cannot ignore Ekta Kapoor

    Daughter of yesteryear actor Jeetendra

    Ekta, known as the Soap Queen of India, though she started herTV career at a tender age of 19.

    Her refusal to compromise on quality and her attention todetail contributed greatly to her success.

    Her perfectionism seemed to have helped make Balaji TelefilmsLtd. one of the most powerful television software companies of the2000s.

    Annual Total Turnover of Balaji Telefilms is 350-500 Crs and

    Employee Strength is 351-500.

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    Leadership Style On the human resources front, Ekta Kapoor

    seemed to be something of an autocrat

    Erring or rebellious actors were replaced byothers

    Analysts felt that Ekta Kapoor was able tosucceed because of some of the shrewdbusiness decisions she took

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    Important Decisions She did not depend on any one channel, but

    catered to a wide range of channels

    Distributing resources between commissioned andsponsored serials.

    The cost of production was kept under control byshooting most of the serials in BTL's own studios.

    Hiring laborers on contract reduced cost and gavemore control.

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    Achievements In 2001, Ekta was selected by the Confederation of

    Indian Industries (CII), to head the committee onentertainment.

    Amongst Asia's 50 most Powerful Communicators,fromAsiaWeekmagazine in 2001.

    Ernst and Young Entrepreneur of the Year in2001, first women to receive it.

    Corporate Excellence award from BharatPetroleum in 2002

    Rajiv Gandhi award in 2002

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    Ruby Ashraf CEO of precious formals, a $10 million company in the fashionclothing business

    Masters from IIM-A

    First job in HR department of BHEL

    1987: Got married and shifted to America

    1990: Launched Precious formals

    1997 : The company moved to larger premises

    Now : One of the major players in the prom dresses market

    Key Achievements

    Precious Formals now retail in 2000 stores

    It is selling well in Europe and also there is surge of demandfrom Dubai as well.

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    Ayesha Thapar Member of famous Thapar Family.

    Daughter of Vikram Thapar.

    Serves as Director of Indian CityProperties Ltd. (ICPL ).

    Has been Director of Waterbase Limitedsince February 1, 2010.

    Launched her own jewellery lineSansar.

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    Ran Telecom Voice over IP companyTel3.com in U.S. Company grew from10million $ company to 30million $company in less than 2 years.

    Involved in various aspects of businessdevelopment and new business venturesfor the KCT Thapar Group.

    Renowned model.

    Ayesha Thapar (contd)

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    Supportive Measures for

    Womens Economic Activitiesand Entrepreneurship

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    Direct & Indirect

    Financial Support Nationalized banks

    State finance corporation

    State industrial development corporation

    District industries centers

    Differential rate schemes

    Mahila Udyug Needhi scheme

    Small Industries Development Bank of India(SIDBI)

    State Small Industrial Development Corporations(SSIDCs)

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    Yojna & Programmes Nehru Rojgar Yojna

    Jawahar Rojgar Yojna

    TRYSEM (Training and Rural Youth of Self-Employment)

    DWACRA (Development of Women andChildrens in Rural Areas)

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    Suggestions Procedure of getting finance should be simple

    Effective propagation of programmes and yojna

    Linkages between product, services and marketcenters.

    Encouragement to technical and professionaleducation.

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    LastlyThe role of business Women in economic development isinevitable. Now-a-days women enter not only in selectedprofessions but also in professions like trade, industry

    and engineering. Women are also willing to take upbusiness and contribute to the Nation's growth. Thererole is also being recognized and steps are being takento promote women entrepreneurship. Resurgence ofentrepreneurship is the need of the hour. Womenentrepreneurship must be moulded properly withentrepreneurial traits and skills to meet the changes intrends, challenges global markets and also be competentenough to sustain and strive for excellence in the

    entrepreneurial arena.

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