y2b assignment rahul rai 501304039

8/13/2019 Y2B Assignment RAHUL RAI 501304039

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REPORT ON AIESEC SEMINAR

YOUTH 2 BUSINESSFORUM

The Youth to Business forum seminar that was held on 26 October 2013 was a very

informative and enlightening session by various speakers that were very proficient in

their key business areas. Sir, I am thankful to you for awarding me the opportunity to be

present and to learn from the experiences of these like-minded business people.

Firstly Dr. Atul Sharma explained about how he made an idea into a business model andthe various tools and techniques he employed to successfully market that plan. He hasbeen actively working as a social entrepreneur and he is contributing to the society by

creating awareness, detection and treating hepatitis C. Previously been working in

Glaxo Smith Kline and then taking up his own business he did something that a lot of

people are reluctant to and would not take risk with such high stakes. I learned from

him that how to seek opportunities and filter out the good ones from the worthless

opportunities.

Along with Dr. Atul was Mr. Harman Singh who is a successful entrepreneur and is

better known as the CEO of authorGEN Technologies. He talked about the importance ofsocial innovation in entrepreneurship. He shared light on the need to innovate when a

person wants to become a social entrepreneur. His session made me more informed

about how I need to prepare myself if I need to make a change in the society and

become a social entrepreneur. What kind of innovations do I need to think about, what

kind of problems are feasible and how do I need to structure my solutions for the

existing problems.

Next was an interactive session by Ms. Vibha Adlakha, she is a much experienced

professional at a very young age. She is currently employed by LinkedIn and sheexplained that how LinkedIn can be used as a very effective tool for socializing with


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other like-minded people, similar professionals and how to get assistance, guidance and

support from them for my entrepreneurial venture. She introduced us to the very idea

of LinkedIn that how it works, how it moreover benefits and how is it different from

social networking sites like Facebook and twitter. She presented her ideas in a very

informative manner and I learned about maximizing my opportunities with these online

resources. I further learnt that what information is to be shared online, whatinformation is to be disclosed in what networking portals. How should I be staying

professional on LinkedIn, personal on Facebook and opinionated on twitter. The main

essence of her presentation was that how should I build myself as a brand on LinkedIn

and how should I explore opportunities to market myself as a brand online. Today

having an online searchability is very crucial as there are more than 238 million profiles

on LinkedIn as of today. Every other second, two new people join the LinkedIn platform.

After having the consolidated idea of how to build myself as a brand and use online

resources to my benefit, I was greeted by Mr. Swarup Vijh who is presently the directorof strategic partnerships at Pearson's books Limited. He talked about redefining the

education system in India. What the current state of the Indian education system is right

now, that results into the gross enrollment ratio of 18.5%. There are 650 universities

and 33,000 colleges presently in India that comprise of the entire Indian education

system. He convinced me that I should not worry about making mistakes, and I should

be calculating problem definitions were studying the industry statistics. A business

model is to be prepared by looking for innovation, issues of sustainability, adaptation of

business model with time, and as an entrepreneur a constant lookout for the changes

around in the environment is needed. I may have to be working with people in teams

and learn how to interact with new people. I have to list my challenges that I'll be facing

along the way. Some of the most frequently occurring challenges that budding

entrepreneurs face are expansion, excellence, inclusion, equity and the regulatory

environment. He also emphasized on ethical leadership giving tips such as one should

not form a predefined opinion about people, involve many people in decision-making,

one should note that people and build them, one should give freedom to people and not

always bind them under certain constraints, I learned that I should be imbibing the

company's DNA that is the values, principles and ethics of the company. I should try to

identify my passion and then try to build a career that is in line with my passion so that

I enjoy and love the work that I do. That would be a justice to my own work and to

myself. I should build a pleasing and amicable personality and be ready to talk and

converse with people and moreover be ready to take the stage.

The next session was taken by Mr. Amit Hans who taught about the nuances ofcorporate entrepreneurship, as he himself was an entrepreneur. Through his way of

binding the audience and his communication I was easily able to understand that he is

an effortless and genuine speaker. I understood the values of Human Resource

Management and how to effectively communicate with the employees for maintaining

good human resource. How to assess people as good employees and deem them

credible for their efforts. How the motivation plays an important part in the

organization and how do people respond to various forms of motivation. What are the


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needs of the people and how can a manager satisfy them for the benefit of the

organization.

Then came our loved and respected sir, thats you! Sir I learnt from your teachings thatwhat is the want and need in the society and the various factors that help to establish

the demand of a product in the society. How the markets and products should be

brought to sync with one another so that they complement each other. How do people

buy things according to their needs and wants? People think about the degree of

necessity of a thing and how much does it impact them rather than thinking about the

environment and society as a whole too. How marketing impacts product sales and the

way people purchase products and how need is to be created for a particular product.

Thank-you Sir for this seminar once again!

Rahul RaiMBA Regular (501304039)

October 29, 2013

y2b assignment rahul rai 501304039

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