Monday, August 12, 2019

WOMEN ENTREPRENEURS 1 FOR NET MANAGEMENT



  • WOMEN ENTREPRENEURS 1
    INTRODUCTION
  1. AT GLOBAL LEVEL ABOUT 126 MILLION WOMEN HAVE STARTED OR RUNNING THEIR BUSINESS
  2. IN INDIA THERE ARE ABOUT 8 MILLION WOMEN WHO HAVE STARTED OR RUNNING THEIR BUSINESS
  3. APART FROM THAT WOMEN HAVE 24% SHARE IN CORPORATE SECTOR POSITIONS AND IN INDIA 30% FOR THE SAME
  4. 37% OF FORMAL ENTERPRISE OWNED BY WOMEN AROUND THE GLOBE WHERE AS 10% OF THE FORMAL ENTERPRISE ARE BEING OPERATED BY WOMEN
  • REASON
  1. OVER ALL CHANGING PERCEPTION OF ENTREPRENEURSHIP
  2. BETTER ACCESS OF EDUCATION
  3. INCREASING SOCIAL ACCEPTANCE
  4. BETTER INFRASTRUCTURE
  5. BETTER ACCESS TO FIANCE
  6. RISE OF ROLE MODEL
  • MEANING OF WOMEN ENTREPRENEUR
  • MAY BE DEFINED AS THE WOMEN OR A GROUP OF  WOMEN WHO INITIATE,ORGANIZE AND OPERATE BUSINESS ENTERPRISE.
  • ACCORDING TO SCHUMPETER AN ENTREPRENEUR IS AN INNOVATING INDIVIDUAL WHO INTRODUCE SOMETHING NEW INTO THE ECONOMY
  • IN INDIAN CONTEXT,ENTREPRENEUR IS MORE ADAPTER AND IMITATOR THAN TRUE INNOVATOR
  • HE IS MORE THE MARSHALL’S ORGANIZER OF PRODUCTIVE FACTOR THAN SCHUMPETER'S CREATIVE DISTURBER
  • ANY WOMEN OR GROUP OF WOMEN WHICH INNOVATES,IMITATES OR ADOPTS AN ECONOMIC ACTIVITY MAY BE CALLED WOMEN ENTREPRENEURSHIP
  • DEFINITION
  • WOMEN ENTREPRENEUR SIGNIFIES THAT SECTION OF FEMALE POPULATION WHO VENTURE OUT INTO INDUSTRIAL ACTIVITIES,MANUFACTURING,ASSEMBLING,JOB WORK,REPAIRS AND OTHER BUSINESS
  • FREDERICK HARBISON,” ANY WOMEN OR GROUP OF WOMEN WHICH INNOVATES,IMITATES OR ADAPTS AN ECONOMIC ACTIVITY MAY BE CALLED WOMEN ENTREPRENEURSHIP
  • A WOMEN ENTREPRENEUR IS DEFINED AS AN ENTERPRISE OWNED AND CONTROLLED BY A WOMEN AND HAVING A MINIMUM FINANCIAL INTEREST OF 51% OF THE CAPITAL AND GIVING AT LEAST 51% OF THE EMPLOYMENT GENERATED IN THE ENTERPRISE TO WOMEN. GOVERNMENT OF INDIA
  • WOMEN WHO INNOVATES,IMITATES,OR ADOPTS A BUSINESS ACTIVITY IS CALLED WOMEN ENTREPRENEUR.

  • CHARACTERISTICS
  1. MANAGEMENT AND PLANNING:FORMULATION OF VARIOUS PLANS AND EXECUTIONS
  2. EMPLOYMENT TO WOMEN: AT LEAST 51% EMPLOYMENT TO WOMEN
  3. RISK TAKING
  4. THE MOST CRITICAL SKILL REQUIRED FOR INDUSTRIAL DEVELOPMENT IS THE ABILITY OF BUILDING A SOUND ORGANIZATION
  5. ESSENTIAL TO BE SELF CONFIDENT
  6. THE MAIN FUNCTION OF WOMEN ENTREPRENEUR IS TO TAKE DECISIONS
  7. SHE  HAS TO BE VISIONARY
  8. HARD WORKER
  9. ACHIEVEMENT ORIENTED
  10. OPTIMISTIC
  11. SHE SHOULD BE TECHNICAL COMPETENT
  12. BOLD AND BRAVE
  13. SHE SHOULD BE ENERGETIC,SINGLE MINDED AND HAVING A VISIONS
  14. LEADERSHIP QUALITY
  • FUNCTION
  • EXPLORE THE PROSPECTS OF STARTING NEW ENTERPRISE
  • UNDERTAKING OF RISK AND HANDLING OF ECONOMIC CERTAINTIES
  • INTRODUCTION OF INNOVATIONS
  • COORDINATION,ADMINISTRATION AND CONTROL
  • ROUTINE SUPERVISION
  • CAN TAKE UP THREE TYPES OF INDUSTRIAL ACTIVITIES:-
  • OPERATE PURELY AS SUBCONTRACTOR ON RAW MATERIALS PROVIDED BYTHE CUSTOMER
  • MANUFACTURE FOR SOME OTHER ENTERPRISE
  • MANUFACTURE FOR DIRECT SALE IN MARKET
  • GROWTH OF WOMEN ENTREPRENEUR IN INDIA
  • EARLIER THERE WERE 3 KS : KITCHEN,KIDS AND KNITTING
  • THE TYPICAL WOMEN ENTERPRISES ARE THE EXTENSIONS OF KITCHEN ACTIVITIES : 3 PS : PICKLES,POWDER ( MASALA) AND PAPADS
  • AT PRESENT THERE ARE 4 ES: ELECTRICITY.ELECTRONICS,ENERGY AND ENGINEERING
  • IN THE ERA OD LIBERALIZATION,PRIVATIZATION AND GLOBALIZATION THE INDIAN WOMEN ARE FAST ENTERING THE NON TRADITIONAL SECTORS
  • WOMEN PARTICIPATION IN WORK WAS 22% IN 1991 CENSUS AND RURAL AREA 27% AND IN URBAN AREA IT WAS 9%
  • REASONS FOR WOMEN TO BECOME ENTREPRENEUR
  • ON THE BASIS OF RESEARCH:
  • LACK OF JOB OPPORTUNITY
  • THE INCREASED COST OF LIVING
  • DUE TO HIGH EDUCATION,THEY ARE ENTERING INTO ENTREPRENEURIAL ACTIVITIES
  • A LOT OF OPPORTUNITIES IN A MARKET
  • FAMILY BACKGROUND  OF HAVING BUSINESS
  • FACTS ABOUT WOMEN ENTREPRENEUR
  • THOUGH WOMEN  ARE ENTERING INTO BUSINESS ACTIVITIES THEY CONSTITUTE 47.7 % OF THE TOTAL POPULATION BUT WOMEN WORKFORCE CONSTITUTE ONLY 28% OF THE FEMALE POPULATION
  • TOTAL NUMBER OF SELF EMPLOYED WOMEN WERE ENGAGED IN AN ORGANIZED SECTOR LIKE HANDICRAFT,AGRICULTURE,HAND LOOM AND COTTAGE BASE INDUSTRY
  • CLASSIFICATION OF WOMEN ENTREPRENEUR
  1. WOMEN WITH ADEQUATE EDUCATION AND PROFESSIONAL QUALIFICATION GET ENGAGED IN BUSINESS
  2. MIDDLE CLASS WOMEN WHO HAVE AN EDUCATION BUT LACK TRAINING
  3. WOMEN WHO TAKE UP A BUSINESS ENTERPRISE WHO FACE FINANCIAL DIFFICULTIES
  • TOP 5 BUSINESS BY WOMEN ENTRPRENEURS
  1. PROFESSIONAL SERVICES
  2. IT/ITES SERVICE
  3. APPAREL/ACCESSORIES
  4. FOOD AND BEVERAGES
  5. MANUFACTURING AND HEAVY INDUSTRY
  • TOP FIVE INDIAN CITIES WITH WOMEN ENTREPRENEUR
  1. BANGALORE
  2. NCR DELHI
  3. CHENNAI
  4. MUMBAI
  5. HYDERABAD
  •  SUCCESSFUL WOMEN ENTRPRENEUR IN INDIA
  1. 1. DR KIRAN MAZUMDAR SHAW CHAIRMAN AND MANAGING DIRECTOR OF BIOCON LTD: INDIA’S RICHEST WOMEN IN 2004 AND SHE FOUNDED HER COMPANY IN GARAGE WITH RS 10,000 IN 1978
  2. EKTA KAPOOR CREATIVE HEADS OF BALAJI TELEFILMS
  3. NEELAM DHAWAN,MANAGING DIRECTOR MICROSOFT INDIA
  4. NAINA LAL KIDWAI : FIRST WOMEN TO HEAD THE OPERATIONS OF FOREIGN BANKS ( HSBC) IN INDIA AND SHE WAS THE ALSO FIRST WOMEN TO GRADUATE FROM HARVARD BUSINESS SCHOOL
  5. INDU JAIN :-CHAIRMAN OF THE TIMES GROUP
  6. PRIYAPAUL : CHAIRPERSON OF PARK HOTEL
  7. RITU KUMAR IS ONE OF THE RENOWNED WOMEN IN THE FIELD OF INDIAN FASHION INDUSTRY
  8. SHAHNAZ HUSSAIN : WELL KNOWN NAME IN THE HERBAL COSMETIC



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