Thursday, November 3, 2016

10,000 Small Businesses - Growth Programme for Entrepreneurs and Executives

Nasscom 10,000 Startups Initiative
http://10000startups.com/

Small Business - India Definition



Investment in plant and machinery for Manufacturing


Small Enterprises - More than twenty five lakh rupees but does not exceed five crore rupees

Investment in Equipment for Service Enterprises


Small Enterprises -  More than  ten lakh rupees but does not exceed two crore rupees

http://www.dcmsme.gov.in/ssiindia/defination_msme.htm


One day programme  Saturday or  Sunday
100 participants per batch
Subsequent information through online.

Key decision maker with senior leadership role (i.e. CEO, COO, President, Executive responsible for business growth)
Business has operated for at least one year
Business employs at least 10 people
Annual revenue above Rs. 50 lakhs

India - 10,000 Small Businesses - Growth Programme Curriculum


Programme to be modeled on Goldman Sachs 10,000 Small Businesses Program

Orientation
You & Your Business
Growth and Opportunities
Money and Metrics
You Are the Leader
It's the People
Marketing and Selling
Operations and Processes
Being Bankable
Action for Growth

Module 1: You and Your Business
Identify growth goals for the business
The opening module will introduce small business owners to the program and the growth plan they will be working toward.  Participants will work with their peers identify opportunitis for growth.  The predictable and unpredictable problems associated with growing a business are discussed specific metrics  that are best for measuring a business's success are indicated.

Module 2: Growth and Opportunities.
Refine and articulate the business growth opportunity
Participants will identify sources of innovation for their businesses; developing, analyzing and understanding the competitive landscape for their businesses and industries are discussed. The issue of determining  if a new business concept is a "good idea" or a viable business opportunity is explored.

A hands-on session is conducted to help participants become more comfortable with the project feasibility report.

Module 3: Money and Metrics
Develop and forecast financial statements for growth
 In this module, the  assessment of a business's financial and operational realities when implementing the new investment project is the focus.


The red flags that lenders look during assessing the loan applications are highlighted.

Module 4: You are the Leader.
Develop and enhance leadership skills
In this module, the focus is on a better understanding of how  personal leadership style influences the team and business, and then identify opportunities to enhance or adjust leadership approach to achieve better business results.


Module 5: It's the People
Build and sustain a healthy organization
"It's the people" focuses on developing employees and building an organization that can both support growth and sustain the participant's values for their company.



Module 6: Marketing and Selling
Understand your customers' needs
Growth can only occur with a strong marketing and sales effort.  This module focuses on understanding customers' needs, target markets and the competition.  The focus will be on developing and executing an effective marketing plan.

Module 7: Operations and Processes
Implement effective processes, Increase operational efficiencies; Improve profitability
Processes are central to everything a business does.  In this module, the focus is on designing effective processes, improving their efficiency to improve profits on a continuous basis

Module 8: Being Bankable.
Financing growth
In this module, the focus is on the different types of financing available to small businesses.

Module 9: Action for Growth.
Sharing the growth plan
During this session of the 10,000 Small Businesses curriculum, participants will have the opportunity to present their growth plans and receive feedback from a panel business growth advisors and peers.


Goldman Sachs 10,000 Small Businesses Program - 

ARTICLES FOR SMALL BUSINESS OWNERS - BUSINESS GROWTH PROGRAM


http://www.goldmansachs.com/citizenship/10000-small-businesses/US/about-the-program/articles/index.html


Module 1: You and Your Business
Identify growth goals for the business


Module 2: Growth and Opportunities.

Identify Business Growth Opportunities and Develop Growth Plans

Refine and articulate the business growth opportunity


Marketing Strategy for Small  Business
Knud Jensen - Ryerson University, Canada
http://www.ryerson.ca/~kjensen/

Small Business Management in 21st Century
http://www.saylor.org/site/textbooks/Small%20Business%20Management%20in%20the%2021st%20Century.pdf

Business Growth Checklist for 2016
Podcast
http://caspodcast.com/2016/01/episode-24-business-growth-checklist-for-2016/

Small Business Growth Plans
Director Magazine UK
2015
http://www.director.co.uk/wp-content/uploads/2015/02/The-Small-Business-Growth-Plan.pdf


Growing Your Business - A Guide
http://www.summerland.ca/docs/default-source/development-services/business/growingyourbusiness.pdf?sfvrsn=2

Financing Growth - Small Business Guide - JP Morgan
https://www.jpmorganchase.com/corporate/Corporate-Responsibility/document/icic_jpmc_apr15_rprt_web.pdf

Business Growth Theories


Corporate Growth Strategy - Introduction and Bibliography
http://nraomtr.blogspot.com/2016/10/corporate-growth-strategy-introduction.html

Strategy for Growth in Mature Industries
http://nraomtr.blogspot.com/2016/10/strategy-for-growth-in-mature-industries.html

The Theory of the Growth of the Firm
http://nraomtr.blogspot.com/2016/10/the-theory-of-growth-of-firm.html

Module 3: Money and Metrics
Develop and forecast financial statements for growth

Module 4: You are the Leader.

Develop and enhance leadership skills


Why SME leaders need their own brand
4 NOV 2016
http://smallbusiness.co.uk/transparency-accountability-business-2534904/

Leadership matters

OCTOBER 18, 2016

Small business needs great, authentic leaders who are able to engage staff to achieve significant wins financially and, just as importantly, developing the businesses culture for success.
https://insidesmallbusiness.com.au/planning-management/leadership-matters

Module 7: Operations and Processes

Implement effective processes, Increase operational efficiencies; Improve profitability

The first one the responsibility of managers, the second one the special domain of industrial engineers.

Learn Industrial Engineering from  Industrial Engineering Knowledge Center http://nraoiekc.blogspot.com/


Increase Management Knowledge from Management Theory Review 

http://nraomtr.blogspot.com/

FROM SUPPLY CLOSETS TO MULTI-FACILITY WAREHOUSES: TODAY’S TOP SMB INVENTORY MANAGEMENT SOLUTIONS
http://www.smbceo.com/2016/11/04/top-smb-inventory-management-solutions/



About the Goldman Sachs 10000 Small Businesses Program


http://www.goldmansachs.com/citizenship/10000-small-businesses/US/about-the-program/impact-of-10ksb/


10,000 Women Entrepreneurs Program
http://www.isb.edu/10kwomen


Playlist of Videos
https://www.youtube.com/watch?v=xcA3uRugfxM&list=PLIyiGQywEp64jGas-SC2QWvnkAnJRvIhe


State of Small Business in America - Panel Discussion July 2016
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Goldman Sachs Upload


Updated  6 November 2016,  15 August 2016

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