December 9, 2022

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The Technopreneurship chessboard: Powering Business and Economy with disruptive Technologies

Have we ever pondered that when a activity of chess begin, only fifty percent the area on chessboard is initially readily available? As the recreation progresses, transactional trade frees up room for initiating recreation-switching moves by the gamers. In the context of Technopreneurship as well, the first amalgamation of Know-how and Entrepreneurship is a great deal like the original format of a chessboard. Is this real with CEOs?

Even so, when people of distinctive calibres interact dynamically like engineering artistic, tech-savvy, innovative and when they dare to make moves for checking out the unexplored, new areas open up. Technology and Entrepreneurship share a popular standpoint of innovation and chance recognition. CEOs as Technopreneurs show a higher degree of passion and belief for their strategy.

The success is attributed to how proficiently with myriad talent sets and resources, they bind together in developing effective undertaking. But it is the foresight part of strategic thinking that typically generates that differential edge to carve out a specialized niche amidst the competitiveness. In an uncertain organization approximativement, deploying foresight gives navigation via the turbulence.

Whilst building cash is on the proponent’s brain but the affirmation that the ‘idea’ is a deserving a person and it operates for a larger frequent excellent is more common. 

CEOs cum Technopreneurs pursue an natural course of action of continuous improvement for powering their ventures and they check out to capitalise on the dynamic nature of electronic financial state by experimenting with new technologies. They consider ahead but start small with practices, testing prototype, implement, dash with success and ultimately scale by functioning backward with new systems to present differential buyer knowledge in the economic climate. This finally offers them remarkable and exponential returns as opposed to linear lucrative advancement. 

In the present economic context of India, the learners, young business people, accelerators and business incubators have to have to decode rising economies like India, leverage on their aggressive benefit as the digitally enabled population can be a critical asset for fostering a technopreneurship centered ecosystem. This will carry in innovation when disrupting the plan for persons, corporations and economic climate.

Finding out from ssuccess tales and encounters of technopreneurs from diverse fields will enthuse students and other participants to chalk out fruitful career paths. The endgame is generally that technological know-how should not command an personal, but it must be vice versa. Foresight calls for crafting readiness in which personal can use technological know-how in an ideal fashion for generating a network of actor-player-stakeholders which contributes to the internet really worth in organization and entrepreneurship. These are the new age CEOs cum Technopreneurs, engaged in artistic destruction.

Good moves 

Globally in a VUCA globe, it has witnessed numerous technopreneurs pushing the frontiers of innovation, getting the fewer trodden path, carrying out radically diverse things that altered and is still altering the training course of economies and nations around the world. Foresight deployment has been an integral section of these kinds of moves. The intent was on generation of need for technology pushed platforms where there was none, and this continuing development is not buckling anytime soon.

What sort of impressive products/companies we will see in the future like game altering technologies? How will they disrupt the approaches of undertaking issues? What will be the rewards to society and nation as a full? These are worthy queries to be explored. The futures are several and as a result the foresight component will aid intelligent moves to achieve individuals details.  Some of the sectors exactly where good moves have skilled technopreneurship successes are pertinent to discuss for improved knowing and know-how sharing.  

Education and learning – Digital awareness networks have empowered the education and learning discipline which was otherwise a routine section right until COVID-19 introduced in a massive disruption in the full studying approach. Suddenly the demand online training platforms surged, necessity of a diverse set of skill programmes at the faculty/ college levels emerged.

What arrived to rescue was Technologies, it was subtly used by artistic and tech savvy minds as an enabler and prop it as an assistive set up for human intelligence for in search of greatest advantage. The massive volume of academic institutions starting up from faculties to schools and universities supplied an opportunity to produce a worthwhile community for conversation amongst the cohorts to evolve common comprehension and earning strategic selections for furthering one particular of the standard constitutional rights of the citizens. Technological innovation, layered with potent conversation and branding coupled with a solid community of members is a essential to unlock hidden possible and create  success stories.

Online Retailing – Classic shop-primarily based gross sales noticed a substantial disruption for the duration of the pandemic circumstance. Also, within just the ambit of heavily limited transportation and other kinds of infrastructural paralysis the need to do some thing distinctive was very important for manufacturing unit-based producing organizations to endure. The reply arrived in kind of transferring to readily available on-line platforms these types of as Amazon, Flipkart,  Swiggy etcetera. to make their goods get to to the end buyer.

The adaptation to a technologies driven system to interpret demand , maintain  stock necessities was rather various from a program kind of system. The transformed state of affairs necessary infusion of overall flexibility. The unlimited current market and its styles could be witnessed on engineering pushed dashboards for all those business people who were being keen to capitalise on the chance. Releasing shopper tutorials and films on the net brought in customer self esteem and assisted their selection-creating system which was not probable physically at the periods. The simplicity of entry to get to big audiences by means of e- phrase of mouth became more relevant than the classic word of mouth publicity. 

The above conversations are just an indicative scope wherever technopreneurship ably bridged the pandemic fostered disruption to build new niches of anticipations and organization options. Numerous other sectors are open up areas nevertheless, awaiting suitable strategic moves from the gamers. Diversifying into associated fields is one spot which a lot of innovative minds are exploring , as an case in point interior structure intertwined with ideas of Vaastu, astrology, numerology and even electrical power stream tactics like Reiki. Sounds excellent? 

Wellness care companies, written content development, blogging, merchandise overview composing, microfinancing and other these spot are repeatedly evolving to deliver technopreneurs leverage on the dormant prospects by pitching their very best moves. Ahead imagining by way of foresight deployment is necessitated in such a vivid business state of affairs.

A single clever move in the recreation of chess frequently decides the endgame on the board, exact goes for know-how-pushed entrepreneurial moves for making technopreneurship. It is significant time to Tech-up, deploy foresight to make that decisive transfer for capturing the open areas of futures!


Composed by Prof. (Dr.) Manoj Joshi.
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