NEED AND IMPORTANCE OF ENTREPRENEURIAL DEVELOPMENT TRAINING PROGRAMME The traditional school of thought had been thinking that “entrepreneurs are born and not made”. The modern observation has been that some entrepreneurs may be born but a large number of them can be educated, trained and made. Learning by trial and error method is altogether ruled out. It is necessary to encourage more people to take up this field, to help them to equip themselves with training.
Need and importance of entrepreneurial deelopment trainin! pro!ramme" The entrepreneurs play an important role in the economic development of any country. ntrepreneurs make use of the factors of production to the fullest advantage of the socie society, ty, genera generate te em emplo ploym yment ent,, create create innova innovatio tion, n, impro improve ve stand standard ard of living living,, deve develo lop p back backwa ward rd area areas, s, etc. etc. all all thes thesee lead leadss to high higher er econ econom omic ic grow growth th.. !o entrep entrepre reneu neuria riall develo developme pment nt is very very essent essential ial for the econo economic mic develo developme pment nt of a country. The entrepreneurship development programmes has an important role to play in solving the unemployment problem. "nemployment is demorali#ing. It is the ma$or source of waste in our present economic system. The most alarming form of unemployment today is educated unemployment. India India is facing facing a chron chronic ic proble problem m of unemp unemploy loymen ment. t. %ue to this this frust frustra ratio tion n and disc discon onte tent nt incr increa ease ses, s, the the rate rate of crim crimee also also incr increa ease ses. s. Inst Instea ead d of goin going g afte afterr a government $ob, people should make an effort to get themselves by starting their own business. "nder these circumstances entrepreneurship development programme assumes much importance. Importance of trainin!#
&. It incr increa ease sess the the pote potent ntia iall abil abilit itie iess and and thus thus impr improv oves es perf perfor orma manc ncee to the the ma'imum attainable level. (. It impro improves ves over overall all effi efficie cienc ncy. y. ). *ew techni techniques ques could could be easily easily adopte adopted d through through training training.. +. !tan !tanda dard rdi# i#at atio ion n can can be adop adopte ted d in a fact factor ory y wher wheree trai traine ned d em empl ploy oyee eess are are available. . Traini Training ng reduce reducess fatigu fatigue. e. O$%ectie& of trainin!trainin! &. To impart impart knowled knowledge ge of the marketi marketing ng of goods. goods. (. To broaden broaden the vision of entrepre entrepreneur neurss by providing providing them suitable suitable opportuni opportunities ties for an interchange of e'perience within and outside an industry. ). To e'po e'pose se the the entr entrep epre rene neur urss to the the late latest st deve develo lopm pmen entt whic which h dire direct ctly ly or indirectly affect them. +. To build necess necessary ary skills skills of new entrep entreprene reneurs urs and worke workers. rs. . To impac impactt custo custome merr educat education ion.. . To impart basic knowledge knowledge about about the industry product and and production production methods. methods. Met'od& of trainin!# &. Lecture met'od# "nder met'od# "nder this method the instructor communicates in the theory the practice to be followed by the learner. The doubts under this method are clarified on the spot. (. Demon&tration met'od# This met'od# This method is used where the performance of work to e shown practically is for better understanding. The demonstration method is more concerned with the practical rather than the theoretical aspect. ). Indiidual Indiidual in&titution# in&titution# "nder this method a single individual is selected for training. This method of training is undertaken where a complicated skill is to be taught to an individual. +. Gr Grou oup p in&t in&tru ruct ctio ion# n# this this me meth thod od of trai traini ning ng is suit suitab able le for for a grou group p of indivi individua duals ls with with a simila similarr type type of work work and where where genera generall instru instruct ction ion are are applicable to all are to be given. . Meetin!& Meetin!&## it is a method in which a group of people who come together and discuss the various problems confronting them. They e'change ideas and views and later on come to a final decision.
. Conference# /hen Conference# /hen new ideas and techniques to increase production are to be introduced this method of training is used.
Entrepreneurial Deelopment Pro!ramme (EDP)# It may may be defi define ned d as “a prog progra ramm mmee desi design gned ed to help help an indi indivi vidu dual al in stren strength gtheni ening ng his entrep entrepren reneur eurial ial motive motive and in acquir acquiring ing skill skillss and capab capabili ilitie tiess necessary for playing his entrepreneurial role effectively. It is necessary to promote this understanding of motives and their impact on entrepreneurial values and behaviour for this purpose”. O$%ectie& of EDP# &. To analyse analyse environ environment ment relati relating ng to small small industry industry and small small busines business. s. (. To sele select ct pro$ pro$ec ect. t. ). To form formul ulat atee pro$ pro$ec ect. t. +. To understand understand the process and procedure procedure of setting up of small small enterprise. enterprise. . To know know the suppor supportt needed needed for launch launching ing enterp enterprise rise.. . To acqui acquire re basic basic managem management ent skills. skills. 0. To know know the the pros and cons cons of of being being an entrep entreprene reneur. ur. 1. To look look into into faster faster industr industrial ial develo developmen pment. t. 2. 3rea 3reate te em empl ploy oyme ment nt oppo opport rtun unit itie iess by incr increa easi sing ng me medi dium um and and smal smalll scal scalee industries. &4. 5ocus on entrepreneurship. entrepreneurship. &&. Industriali#ation Industriali#ation of rural and and village sector. &(. 3reating self employment employment opportunities of educated unemployment unemployment youth. Tar!et !roup of EDP# &. !ociety. (. !pec !pecif ific ic tech techno nolo logy gy.. ). ntrepre ntrepreneur neurss in the field field of science science and and technology technology.. +. !chedule !chedule caste caste and and schedu schedule le tribe. tribe. . /oma /oman n entr entrep epre rene neur urs. s. . '6milit '6military ary service service entrepre entrepreneur neurs. s. 0. 7ura 7urall entre entrepr pren eneu eurs rs..
1. 8rtis tisans. 2. duc ducat ated ed unemp unemplo loye yed. d. &4. 9hysically 9hysically handicapped. handicapped. &&. 8divasi 8divasi entrep entreprene reneurs. urs. *trate!+ for entrepreneur&'ip deelopment# The following strategies of entrepreneurship entrepreneurship development may be suggested in India&. %ynamic %ynamic role of public public entrepre entrepreneur neurship ship.. (. %evelopme %evelopment nt of industria industriall cultu culture. re. ). %evelopme %evelopment nt of managem management ent educat education ion and traini training. ng. +. %evelo %evelopme pment nt of back backwa ward rd areas. areas. . 8dequate 8dequate measu measures res for mobili#i mobili#ing ng talent talent.. . :etter :etter economic economic administ administrat ration. ion. 0. 8dequa 8dequate te and and timely timely credi credit. t. 1. !pecial !pecial categorie categoriess of entrepren entrepreneurs eurs.. T+pe& of pro!ramme& for education and trainin! entrepreneur&# The various various programm programmes es availabl availablee for educatin educating g and training training entrepre entrepreneur neurss are classified as under(A)
*'ort te term tr trainin! co cour&e&# such courses are provided by :ombay
;anagem ;anagement ent 8ssocia 8ssociation tion,, 9roductiv 9roductivity ity 3ouncils 3ouncils,, Indian Indian ;erchant ;erchant 3hambers 3hambers,, :ankers training 3ollege, LI3,etc. The duration can be two to three days or weeks.
(,)
Format co cour&e&# these these course coursess are are in the the form form of entrep entrepre reneu neuria riall
management management or similar title offered by universities at the post graduate level. The "niversity of ;umbai offers this sub$ect at the ;aster %egree programme in admi admini nist stra rati tive ve mana manage geme ment nt.. In the the year year &200 &200,, the the !yde !ydenh nham am 3oll 3olleg egee of 3ommerce and economics, ;umbai started a full time & months programme leading to a diploma in ntrepreneurial ;anagement of the
