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analysis. Environmental
monitoring,
environmental forecasting and
environmental assessment complete the global environmental analysis.
Environmental scanning refers to the macro environment.The global
environment refers to the macro environment which comprises industries,
markets, companies, clients and competitors. Consequently, there exist
corresponding analyses on the micro-level. Suppliers, customers and
competitors representing the micro environment of a company are
analyzed within the industry analysis.[1]
Environmental scanning can be defined as the study and interpretation of
the political, economic, social and technological events and trends which
influence a business, an industry or even a total market. [2] The factors
which need to be considered for environmental scanning are events,
trends, issues and expectations of the different interest groups. Issues are
often forerunners of trend breaks. A trend break could be a value shift in
society, a technological innovation that might be permanent or a
paradigm change. Issues are less deep-seated and can be 'a temporary
short-lived reaction to a social phenomenon'. [3] A trend can be defined as
an environmental phenomenon that has adopted a structural character
The first is one everyone knows. The ability to work at Microsoft under Bill
Gates leadership for 20 years is one of the 5 best experiences of my life.
Bill started with a vision first, radical for the late 70s, that software itself
was a businessand articulated his dissatisfaction with the fact that it
wasntand second, that software would change the world; encapsulated
in something that now seems quaint: A computer in every home and on
every desk running Microsoftsoftware. He saw the potential of PCs and
importantly, the potential of software as a business, and didnt hesitate to
take the first steps of building software for the hobby computer market of
the day. He expanded and seized opportunities as the industry grew. In
the first year of NUvention Web, we also had a student, Nikhil Sethi, who
has become our most successful alum entrepreneur.
help them manage their social media ad campaigns across sites. He was
dissatisfied with that solution, and in the class, he incubated the idea that
became his successful startup Adaptly; that helps companies build and
manage social networking ad campaigns across networks. His first step
in the class was to build a great Concierge MVP. I had the privilege of
catching up with him when he came back to Northwestern as part of our
NUvention Web advisory board
to give feedback to our class, and it was great to see how he has grown
and adapted.
and brand side. Bill Gates made his vision known to the industry, and
wasnt afraid to enlist support from hardware OEMs like IBMincluding
engaging in joint developmentin order to put his vision into action.
Nikhil Sethi used his vision to build his initial team while at North-western,
and built on his vision using the contacts he made in the dream it
ventures program to acquire customers and investors. Patrick Awuah
recruited donors, and a like minded management team, many also
Ghanians educated abroad who wanted to make an impact in their home
country.
4. Flexibility to adapt, openness to feedback, and the ability to
learn
One of the biggest issues I see in my work at Divergent Ventures with
entrepreneurs is learning how to listen and judge feedback. No one
should be arrogant enough to feel like they have all the answers; and for
us, founders who arent open to feedback, and dont use it as a way to
develop and learn are not backable, even if they have many other great
attributes. Bill Gates showed the ultimate in adaptability by being open
to supplying an operating system to IBM. Unlike Digital Research, Bill
Gates was open to providing an operating system when IBM came calling
even if he didnt have what they were looking for already built. Bill was
also consistently focused on understanding new trends and incorporating
those ideas into his vision. He is also a master of using real options to
manage uncertainty. At the end of the 80s it was unclear which
operating system would move into the future; so he simultaneously made
a big joint bet with IBM, continued to develop windows, revised DOS, and
made an investment in SCO to have an alternative if UNIX emerged on the
platform. At that time at Microsoft, I was working on a new version of the
C compiler and its development environment, and we had done a lot of
work to make OS/2 development easier prior to the release of Windows
3.0. I distinctly remember a product review where Bill looked across the
table at Steve Ballmer, who was running the systems division at the time,
and said with a twinkle That Windows 3.0 is so good I just dont know
what were going to doindicating how his options where going to lead
to storms in the relationship with IBM. When the internet came, Bill also
pivoted the company to focus on the opportunity. Nikhil started as an an
ad-networks analytics tool; but when he launched the demand was for
analytics was low and the demand was for a system to place and manage
campaigns was high. This data led to adapt.lys pivot into running social
media campaigns not simply providing analytics. Patrick adapted to the
world in which he was in. After the tech stock crash of 2000, when raising
donor money became difficult, Patrick focused his efforts on getting his
classes started in rented building, and getting the operations of the
university to break even. This enabled fund raising to be focused on
building capital improvements, like the permanent campus. In all three
cases, the entrepreneurs learned and adapted to their changing
environment.
5. Persistence and execution
Entrepreneurs have a long term vision, but are also relentlessly focused
on the activities that get them to their vision in the here and now. At
Microsoft in the 90s, the company was known as a place that would
persist if the first versions did not work out.
Nikhil Sethi just pushed
harder than the other NUvention students we had in 2010.
He was
focused on building the company. In fact, when he applied to dreamit
ventures, he did it without telling his teammates in the classit was clear
he would crawl over broken glass to get the company started. Patrick
Awuah has shown persistence in multiple ways. Key to his approach is a
focus on Ashesis core value around ethical behavior.
When he
encountered asks for bribes for small things he needed to get done to put
the college in motion, Patrick held firm and in each case was eventually
able to appeal to peoples greater sense of good to get them to act
responsibly.
Patrick also focused on getting startedusing rented
buildings and beginning the inaugural classes before a campus had been
built.
For all of these 5 elements, some people are naturals at some of them;
others may need to be developed. In NUvention we focus on getting
entrepreneurs to see their own unfair advantage, as well as giving tools
and methods they can use to hold themselves and their teams
accountable to their own execution. We walk them through engaging
with customers to gauge dissatisfaction with the way things currently
work to develop their vision. In your own self assessment of whether you
are an entrepreneur, take stock of which of these 5 capabilities come
naturally to you, and for those that dont, develop a plan to systematically
learn the others.
Industrial sickness
Industrial sickness is an umbrella term applied to various things
associated with industry that make people ill and cause them to miss
work. The solutions will have to be tailored to the specific industry, and
only in that way can any real effect be made on improving
the health and productivity of the industrial workforce.
The key is an aggressive work-up on the health issues for a given segment
of the industrial workforce, and usually broken down by type of work
(which
makes
sense).
Even
as coal
miners face
overpowering respiratory threats, and foundry and mill workers have to
confront major physical threats from large (heavy) quantities of extremely
hot materials, each facet of industrial production has its hot-button health
issues.
Industrial health managers need training and experience identifying and
remediating conditions that present major health threats to their
respective workforces. Then they can train the rest of management and
can teach the workers themselves about the best way to carry out their
jobs with minimum threats to their health.
Industrial sickness
Definition of sick industrial company:
The definition given under the provisions of the companys act 1956 and
the definition given by RBI are as follows.
The companies Act, 1956
The companies act 1956 defined Sick industrial company and net worth
as follows
Section 2 (46AA)
Sick industrial company means and industrial company which has:
(A)The accumulated losses in any financial year equal to 50% or more of
its average net worth during 4 years immediately preceding such
financial year ,or
(B)Failed to repay its debts with in any three consecutive quarters on
demand made in writing for its repayment by creditors or creditors of
such company.
Section 2 (29A)
Net worth means the sum total of the paid up capital and free reserves
after deducting the provisions or expenses as may be prescribe.
Explanation:- For the purpose of this clause free reserves means all
reserves created out of the profit and share premium account but does
not include reserves created out of revaluation of assets, write back of
depreciation provision and amalgamation.
RBIs Definition
Sick industrial company- It is an industrial company (being a company
registered for not less than 5 years) which has at the end of any financial
year accumulated losses equal to or exceeding its entire net worth.
Weak units has define above will, not only include those which fall under
SICA (Industrial companies) but also other categories such as partnership
firms, proprietary concerns etc.
COIR Board
Industry Associations
There are a variety of associations which help & encourage the cause of
industry. These associations provide support & strength to the
entrepreneurs & the organisations they setup. Additionally, industry
association networks are crucial in steering government policy & action as
well.
National Bank
(NABARD)
for
Agriculture
&
Rural
Development
World Association
(WASME)
for
Small
and
Medium
Enterprises
International Organisations
Akin to national industry and sector based networks, an even higher
responsibility lies with global associations which chart out the
developmental role to be played by various international governments
while forming their trade & industry policies.
Innovation - SMEs
Small and
Pakistan
Medium
Enterprise
Development
Authority,
2.
3.
4.
5.
6.
PEST does offer a viable technique for carrying out an environmental scan
for a project, however, its effectiveness depends on the accuracy of the
data collected, timely updates to accommodate changes and the use of
additional tools that can trim down the limitations of a PEST analysis to
some extent.
DAVID MCCLELLAND
DAVID C MCCLELLAND'S MOTIVATIONAL NEEDS THEORY
American David Clarence McClelland (1917-98) achieved his doctorate in
psychology at Yale in 1941 and became professor at Wesleyan University.
He then taught and lectured, including a spell at Harvard from 1956,
where with colleagues for twenty years he studied particularly motivation
* The 89 petawatts of sunlight energy reaches the earth's surface which is very large
compared to the 15 terawatts of average energy utilized by human beings. [12]
* There is adequate amount of solar-derived energy on Earth. The quantity of solar energy
received by the Earth every minute is greater than the quantity of energy the world uses in
fossil fuels each year.
* Pollution control techniques are enough to manage the emissions and wastes. End-of-use
recycling technologies are also being developed for a better cause.
* Such application is favored by net metering. Use of net metering can be highly favorable to
small photovoltaic systems.
* Companies are offering more reasonably priced options, as they wants to make solar home
energy affordable and available to wide range of the public.
* Local and state governments are supporting to help offset high costs with subsidies, tax
breaks, and tax credits.
Threats
* Adverse space weather is one of the principal threats to modern solar electricity generation
technologies.
* Solar cells produce DC power which must be converted to AC power by using a grid tie
inverter when used in distribution grids. This may incurs an energy loss of 4-12%. [11]
* High-speed solar wind streams often leads to damage disturbances within the earth's
magnetosphere, in the atmosphere
* High-energy particles can damage satellite solar power panels, confuse optical trackers, and
harmful charges is deposited into sensitive electronic components.
swotanalysisofSolarCellPhoneBatteryCharger
Strengths :
Solar powered cell phone chargers can be a better alternative to electrical cell phone
chargers. You have to plug in your cell phone to a home outlet and then you have to wait a long
time for your cell phone to be charged.
Relatively small size allows mobile use (ideal for camping and other recreation)
Weekness :
-
Solar portable battery charger can not charge a device while its internal battery is being filled
up. So you will have to charge the battery pack first before you can power up your gadgets and
devices. This could cause some minor inconvenience especially during emergencies.
It's not possible to recharge batteries at night using a solar battery charger. Sometimesthe
weather is cloudy or inclement
Direct sunlight must be required for charging
Opportunities :
- In pakistan Solar energy is sustainable, renewable, and free, so why not use it to power not only
your homeand appliances, but your portable devices as well .
- pakistan is under developing country so in our country a lot of electricity problm so solar
battery charger is very useful .
Threat :
SOLAR BATTERY CHARGER IS NEW IN MARKET AND AS SUCH NO Competitor IN MARKET
BUT INDIRECT Competitor LIKE CHINA , INDIA ALWAYS A BIG competitor OF PAKISTAN
-PRODUCT AND I HOPE OUR PRODUCT IS UNIQUE AND POWERFUL IN USE .NEW
PRODUCT IN MARKET IS ALSO VERY THREAT FULL BECAUSE IF PRODUCT IS FAIL ALL
MONEY WILL LOSE ..