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Entrepreneurship and IT

At one time you would have to look no farther than the Dow Jones Industrial Average to find those companies that mattered in global commerce. Today that is no longer true as upstart young companies have muscled their way into the worlds largest industry: information technology broadly construed.

What takes to be an Entrepreneur
  • Hard work
  • Risk taker
  • Visionary strong leadership
  • Plan everything.
  • Ask for the sale.
  • Get to know your customers.

Great Entrepreneur

1 bil mar Steve-Jobs

Thomas edision said that i  have not failed I've just found 10,000 ways that won’t work.one think should know real entrepreneur that the only place where success comes before work, entrepreneur is living a few years of your life like most people won’t .Having an  idea is not enough but taking idea and implementing is great.when one door closes another open  mean if you fail in one thing there are so many thing where you can get  success. Bill gates said “i am the only person i know that’s but it is more important to head the lesson of failure .

Posted: 06-10-2012 12:20 PM by nms2012 with no comments

Technology Management Workshop

Microsoft Innovation Center | Nepal assisted Kathmandu College of Management (KCM) by taking responsibility of coordinating the session at the Nepal Management Symposium 2012 to ensure that the right people to lead the discussion would be present, the discussion are not top heavy as in terms of presenters coming in to present their views only, but rather also participatory and run like a workshop where all the participants can present their views.

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Format of the session:

The session was kicked off with a general overview presentation of technology in business and what it means and also provided an overall mood for the session and how each of the breakout sessions would also be discussed.  The introductions of the resource persons would also be done in this introduction session.

After which the room was broken up into various small groups to discuss on the following proposed topics of the main segment.  The discussions was led by one or two resource persons pre-designated for each breakout session.  These resource persons also created a presentation for a maximum of 15 minutes so that they could come back to the plenary session to report back on the discussions.

Each breakout session had two volunteers that helped in the preparation of the notes of the discussion, probably even blogged about this as it happens on the Internet, and also to provide all the required support to the resource person/s.

The room was broken up in the various sub sections for the discussions:

   Skills required for technology and management

   Usage of technology in business

   Challenges of technology management in Nepal

   Entrepreneurship for technology and management

 Resource Persons:

  • Skills, education, knowledge required: Allen Bailochan Tuladhar, Microsoft Innovation Center Nepal
  • Usage of Technology in business: Karmath Dangol, Munchha.com
  • Business Opportunities due to emerging technologies; Dileep Agrawal, WorldLinki
  • Challenges of tech management in Nepal: Lena Keshari Kansakar, Ncell
  • Entrepreneurship in technology organizations; Sanjaya Golchha, Golchha Organization

 

Posted: 06-09-2012 9:51 PM by Allen Bailochan Tuladahr with no comments

NMS 2012: Technology Management

Challenges for Technology Management

Speaker: Ms. Lena Keshari Kansakar

    1. Human Resource
      • Training and development
      • Brain drain
      • Dealing with the conflicts
    2. In crisis
      • Power crisis
      • Political deadlock
      • Policy
    3. In peace
      • Peace which government body moves and business moves highly mismatched
    4. Others
      • Campaign management
      • Trade union
      • Unwillingness to change

Technology and Management Workshop

    1. Technology makes business
      • Run smoother
      • Operates with maximum advantages
      • Makes better use of time and money
    2. Technology play key roles in
      • Automation
      • Communication
      • Marketing

Moderator: Allen Bailochan Tuladhar (Director, Microsoft Innovation Centre; CEO and Founder of Unlimited Technologies Pvt. Ltd)

Mr. Allen Bailochan Tuladhar spoke on the importance of skill development, education and knowledge. What you study in college is never sufficient for the real world. In addition to your college degree, one must go through trainings, gain more knowledge and skills and also go through internship programs to acquire full potential.

He further elaborated more that one should go through various skill development programs, trainings and gain the right skill for the job. One should have not only theoretical but also practical knowledge in order to excel in one’s field. If one doesn’t receive the right and important skills from college, students must seek for those skills else where.

Mr. Tuladhar not only spoke of wise words, but he also had an interactive session with the audience as he took questions and queries from the audience and gave them insightful answers.

Posted: 06-09-2012 7:26 PM by nms2012 with no comments

Marketing,Sales and promotion……..continued

Speaker:-

Mr.:-Shamim Zaman

From:-Unilever,Nepal

He talked about People and Brand.

Brand Name is Relationship between brand and customer.

A brand is a "Name, term, design, symbol, or any other feature that identifies one seller's good or service as distinct from those of other sellers."  Branding began as a way to tell one person's cattle from another by means of a hot iron stamp. A modern example of a brand is Unilever Nepal  which belongs to the Unilever Company.Brands is belongs to people.It is the valuable asset of organization, not only the product  can be branded but also people branded.Brand needs unique positing .He said that brand name is the most important thing for growth of business.

Posted: 06-09-2012 4:08 PM by nms2012 with no comments

NMS 2012: Marketing, Sales and Promotion (continued #2)

Mr. Sunil Shrestha was the next speaker for the session. He also started the session with personal experience.

In 1991, he worked in fields of printing, publishing and graphic designing. He stressed that even though one may have a good design, printing must be equally good, otherwise there is no value for the design.

ECS Nepal came into being as a result of the foreigner’s fondness of Nepali Culture and Heritage. The main objective of this magazine was to spread words about Nepal’s culture, heritage and history to the foreigners so that it can bring more tourists to Nepal.

As ECS Living was later introduced in the market, it faced difficulty in differentiating ECS LIVING and ECS NEPAL. They tried to identify two magazines individually.

For ECS Nepal, it was to be identified by articles related to Temples, Nepali food…basically targeted to foreigners.

For ECS Living, fashion and technology was the main focus keeping Nepali readers in mind.

What ECS was doing was product differentiation for unique identity for their different magazines. He continued stressing on the importance of product differentiation and also related Ncell’s purple branding with product differentiation.

After ECS Living, ECS media introduced ECS Friday, but the customers found similarity between ECS Living and ECS Friday. So, it was quite difficult to explain the differences. Therefore ECS Friday, focused on events and entertainment stressing the importance of Product Focus. He concluded that each product must have its own unique identity in the market.

Posted: 06-09-2012 2:46 PM by nms2012 with no comments

Nepal Management Symposium 2012

Posted: 06-09-2012 2:20 PM by nms2012 with no comments

NMS 2012: Marketing, Sales and Promotion (continued)

Mr. Shakya (Moderator) next introduced the second speaker Mr. Abhaya Gorkhalee of Dabur Nepal, providing his brief background.

Second Speaker: Mr. Abhaya Gorkhalee, Dabur Nepal

Dabur Nepal Private Limited was set up as an independent group company in 1992. Dabur Nepal set amidst the verdant greens and towering mountains of the Himalayan kingdom of Nepal, has established a unique bond of technology and preservation.

Mr. Gorkhalee spoke a lot about his field research and experience on identifying the customer, satisfying the customer needs and wants, and keeping the customer for long term. He spoke of how difficult and tricky it can be to actually realize the customer wants or at least what they don’t want in the product.

In Dabur Nepal, there are many products and improving, upgrading each of them. Having them match consumer’s taste and desire is tricky, but it has to be done to keep the consumer happy and loyal to the brand. Dabur Nepal holds numerous products in the marketplace, spanning numerous and sometimes wholly unrelated industries. Accordingly, a plan is required in order to effectively manage such products.

Like a true marketer, he spoke of the marketing concept that for Dabur to its achieve company goals, the Dabur depends on knowing the needs and wants of target markets and delivering the desired satisfactions. In order to satisfy Dabur’s objectives, Dabur should anticipate the needs and wants of its consumers and satisfy them more effectively than competitors.

Posted: 06-09-2012 1:59 PM by nms2012 with no comments

Human Resource management

Speaker:

Ramesh Karmacharya

From:-NCEll(teliasonera)

human resource manager

Very firstly he talked about Ncell profile,Ncell is founded on 2005 in Nepal.Ncell takes above 50 percent (about 50.97%)of market place in telecommunication in Nepal.there are only 466 employees within Ncell organization serving 8 million customers.there is authorized trade union called NETU.He also talked about HR strategic  area of Telesonera and Ncell.

Now he is talked about area of human resources. there are many area of human resource

1.Leadership philosophy

We consider the development of a leadership philosophy to be so critical that we start every Leadership Development Program by having participants begin the process of writing their own. This serves as their individual touchstone for applying the skills and knowledge they acquire during the Lead2Succeed process. Over time, leaders should review and reflect upon their philosophy as they integrate new experiences into the leadership framework that we have provided.leadership philosophy is a set of belief and principle that influences how we receive ourselves and those that we lead.

2.performance management

performance  includes activities that ensure that goals are consistently being met in an effective and efficient manner. Performance management can focus on the performance of an organization, a department, employee, or even the processes to build a product or service, as well as many other areas.performance management supports us to reach goal and provides feedback for continuous improvement.It means define target for job position For performance management employs can talk with manager.It talked About talent and success prompt the people who are talented it gives aware of the need of the business and good in the success of planning.

 

3.Talent management

If we supply for the right resource at the right time and places we can take maximum output of the talent.E.g. attract ,recruit ,develop and return.

4. Group wise employee surveys

The way we measure and follow of the strive for a culture where management and staff share the responsibility for success and failure of of company.

If company successed that credit goes to the management and staff as well as failure, so group wise  employees surveys is the important for an organization

like wise he talked about internal mobility ,HR manager data and reporting,establishment of core process and data definition  to able to efficiently support transactional .

BLOG by:-Social kc

Posted: 06-09-2012 1:52 PM by nms2012 with no comments

NMS 2012: Marketing, Sales and Promotion

Date/Venue:  9th June 2012/Shankar Hotel, Lazimpat

Themes

  • Social media Marketing 
  • Case study on successful marketing campaigns of top business houses
  • E Marketing and Web Marketing
  • Media operations and management
  • Marketing and sales : skills and competencies
  • Unique and innovative marketing tricks and techniques
  • How each nuts and bolts of Marketing can be and should be traced back to the customers

The session was conducted by Mr. Suman Shakya, CEO, Digitainment Pvt. Ltd (Moderator).

Mr Shakya began the session by sharing his personal experience and connected them with the KCM’s effort to bring the managers of today to the managers of tomorrow together. He later proceeded by introducing the first speaker of the session.

First Speaker: Mr. Bibhushan Harsha Bajracharya, Ncell.

Mr. Bajracharya started with how it was not an easy decision to change the red and yellow brand into a purple one. He gave a brief introduction of Ncell. Ncell Private Ltd. stands as a privately owned GSM mobile operator in Nepal. It is the first company to operate private GSM services in telecommunication sector of Nepal with the brand name “MERO MOBILE,” which was re-branded as Ncell in 12 March 2010.

Ncell did a lot of work regarding rebranding the already well established brand “Mero Mobile”. It planned different activities: sponsored golf tournament, had Purple Saturday, changed boards on streets and so on. Not only did Ncell worked on its marketing, it also gave consumers more facilities such as bonuses on recharge card.

What are they doing now?

  • Trying to increase brand awareness.
  • PURPLE for NCELL
  • Sponsoring different events

What they want to be?

  • Establish brand and to be as strong as possible
  • Be here for long term, definitely not short term
  • Target segment by segment.
  • To be uniform all over Nepal.

Posted: 06-09-2012 1:32 PM by nms2012 with no comments

NMS 2012: Economics, Banking and Finance (continued #2)

Mr. Resta Jha

CEO, Prime Life Insurance

Mr. Jha provided an insight on the prevailing economic condition of Nepal. The on-going political hindrance due to the constitution assembly getting dissolved, investments are going to get hit significantly; there will be remarkable brain drain as skilled labour will be flying abroad.

He also mentioned Nepal was not suffering from recession for the last 5 years and he believes the recession will not prevail in the near future as well.

In spite of political instability, our economy is at growth because of the following factors:

1. Agriculture which is contributing 35% to the GDP of Nepal.

2. Tourism in which we saw 24% growth than the last period.

3. Remittance which help increase import, resulting increased consumption.

Mr. Jha asked, ‘What is banking? What are the core banking functions?’

With these big questions, Mr. Jha continued. He spoke of how banking and insurance industry is evolving in Nepali market.

The importance of banking in Nepal can also be understood with the emergence of e-banking in the recent years. Banking results in the mobilization of money in the economy and also helps the people to invest and store their money and also to give the money to the debtors to precede their businesses and give financial benefits to the economy.

Insurance is one of the economic activities. If we looked at the history of insurance in Nepal, it’s been almost six decades and more. Nepal is an agricultural country and more than 80 per cent people in the country live in the rural area. Given the geopolitical situation of the country, more than 80 per cent population living in the rural area and agro-based economy, the insurance sector should cover the population living in rural area and agriculture sector.

However, the villagers and the low-income people are unable to avail of insurance service due to lack of special package programmes. The insurance companies should introduce special schemes for the villagers to bring them under the umbrella of insurance. Vey few people are aware of the benefits of insurance and the financial security it provides.

Surprisingly, even the insured people seem to have little knowledge of the insurance policy they have purchased. This is evident from low level of insurance claim even after its maturity. Life insurance is easy to claim but non-life insurance is rather difficult.

Posted: 06-08-2012 6:29 PM by nms2012 with no comments

NMS 2012: Economics, Banking and Finance (continued)

Speaker #2:

Mr. Prasanna K.C

Head of Business - Laxmi Capital

Senior Relationship Manager - Small Business Financial Services

Chairman - Laxmi Cares

Mr. K.C. continued the session with Social Media, its importance. Social media includes web-based and mobile based technologies which are used to turn communication into interactive dialogue among organizations, communities, and individuals. Businesses may refer to social media as consumer-generated media (CGM). A common thread running through all definitions of social media is a blending of technology and social interaction for the co-creation of value.

People obtain information, education, news and other data from electronic media and print media. Social media are distinct from industrial or traditional media, such as newspapers, television, and film.

Mr. K.C. used US President Barack Obama’s social media advantage as an example of the social media’s role in reaching to the public. Obama had lead in using technology to connect to his audience, as well as his overall lead in mindshare in the blogosphere as a whole.

Posted: 06-08-2012 5:33 PM by nms2012 with no comments

NMS 2012 : Economics, Banking and Finance

Speakers for the session

Speaker #1: Mr. Sunil Khanal, Senior Microfinance Expert, Planet Finance

Mr. Khanal started the session by giving us a brief overview of microeconomics in Nepal. Microeconomics’ vision is to have a world without poverty. Mr. Khanal continued to talk about the history of Microfinance industry in Nepal. Rural credit in Nepal started in 1956 from Chitwan.

For some, microfinance is a movement whose object is "a world in which as many poor and near-poor households as possible have permanent access to an appropriate range of high quality financial services, including not just credit but also savings, insurance, and fund transfers." Many of those who promote microfinance generally believe that such access will help poor people out of poverty. For others, microfinance is a way to promote economic development, employment and growth through the support of micro-entrepreneurs and small businesses.

Because of growing microfinance industry in Nepal, graduate students will have opportunities in fields such as management level job opportunity, field level job opportunity, IT-level job opportunity, accountant and finance related job opportunity, etc.

Microfinance Models in Nepal

1. Cooperatives Model under Cooperative Act 1992.

2. Small Farmers Cooperative Limited (SFCL) model

Posted: 06-08-2012 5:04 PM by nms2012 with no comments

Nepal management Symposium 2012 (Session Second)

 

Carrier Express

Date/Venue


8 June 2012/Shankar Hotel, Lazimpat

Themes

  • 1. Session of “Think like a hiring manager”
  • 2. Enable the participants to prepare a professional CV
  • 3. Developing a good objective statement
  • 4. One page resume development as required by top business schools and employers.

Carrier express is like carrier counseling where student can know about their path of carrier.furthermore student can choose their carrier path by consulting with counclear .

List of Speaker:

Mr.  Rabi Rayamajhi

From- Three H Management

 

Mr.Vaibhaw Poddar

From- Himalayan Techies

 

Ms. Khusbu Agrawal

From-Save The Children

 

Mr.Apurwa Rayamajhi

From-Qatar Airways

 

Mr. Ramesh Poudel

From- Bon Travels

Blog by:-social kc

Posted: 06-08-2012 1:49 PM by nms2012 with no comments

Nepal Management symposium 2012 (session first)

Session Name:- General Management

Date/Venue:-
8 June 2012/ Shankar Hotel, Lazimpat

Themes

  • 1. Managing in Nepal 
  • 2. Management lessons from day to day life and culture
  • 3. General management - is it too general for the market?
  • 4. Being the general manager

Dr. Shibesh Chandra Regmi, World Neighbor, was the moderator for the session.

First speaker:

Mr. Jayendra Rimal

Chief Operating Officer - ISET, Nepal

 

He talked about Management challenges in nepalese organization,focusing on internal challenges and political stabilities.

Second speaker:-

Barsha Shrestha

General Manager, Clean Energy Development Bank

 

She presented on Women in Banking further she talked about overall role of women in corporate world.

Third speaker:-

Mr. Rahul Shah
Business Consultant, Asia Infrastructures

 

He talked about coping with technology challenges in the business ,competitive in the global village and know everything happening in the world..

Fourth speaker:-

Prof. Shri Krishna Shrestha

Chair and Chief Education Director, 
Institute of Banking and Management Studies (IBMS)

He talked about Ethics in Management.Furthermore, he elaborated on the importance of the fair and just concept required in the management.

Posted: 06-08-2012 1:08 PM by nms2012 with no comments