 Jamshedpur (August 12, The Pioneer):  Vanita Viswanath, the CEO of Udyogini, in an interaction with the  students of XLRI on Wednesday said that to make the ventures of the  women entrepreneurs sustainable, it is more appropriate to focus on  helping the women enterprise groups to systematise and innovate business  processes for efficiency and cost-cutting, than on merely increasing  the “turnover”.
Jamshedpur (August 12, The Pioneer):  Vanita Viswanath, the CEO of Udyogini, in an interaction with the  students of XLRI on Wednesday said that to make the ventures of the  women entrepreneurs sustainable, it is more appropriate to focus on  helping the women enterprise groups to systematise and innovate business  processes for efficiency and cost-cutting, than on merely increasing  the “turnover”.
She also discussed the challenges in developing  rural women entrepreneurs. She shared that scale and making the products  available in large volumes is a major challenge. The key to overcome  this is to create and target intermediate level markets (e.g, markets at  block or district levels), rather than markets with large volume  buyers.
Low education, illiteracy among the women, and  dependence of professionals (who come at a high cost) are some of the  other challenges. Viswanath described Udyogini’s initiative in  Jharkhand, and specifically talked about the Udyogini School of  Entrepreneurship which is being started in Bundu on Jamshedpur-Ranchi  highway. The School will be supported by Intel.
After the  interaction with the students in the class, Vanita Viswanath, who was  accompanied by two of her colleagues from Jharkhand field office, also  discussed possible collaboration with the students and faculty of XLRI  in terms of research, internship and involvement in the Udyogini School  of Entrepreneurship.
Vanita Viswanath also shared Udyogini’s  experience with various initiatives such as formation of women’s  trade-based enterprise groups in various parts of country, e.g.,  workingVanita Viswanath is a PhD from University of Texas at Austin  (USA), and has worked for more than 20 years in the field of women’s  issues and micro-enterprises. Before joining Udyogini has served as  consultant and advisor to many international agencies. She was also  micro-enterprise consultant with the World Bank in early 1990s. She has  also written many books and articles on gender issues in development,  micro-enterprises, and poverty alleviation.
Udyogini was founded  in 1992, and works to empower poor women in secluded rural areas  through helping them to create their own micro-enterprises, provides  them with training and capacity building, credit and market-linkages.
At  present, Udyogini works in seven States of the country (Rajasthan,  Madhya Pradesh, Uttarakhand, Bihar, Jharkhand, Orissa and Assam). Though  started recently, its Jharkhand field-office has become the second  largest, after Madhya Pradesh.
Udyogini works with a target of  6-8 years support to the rural women who want to become entrepreneurs  during which time they must become sustainable ventures, and become  entrepreneurs in their own right. It does so by promoting women  enterprise groups to achieve scale of produce (e.g., textiles, crafts,  agriculture produce, NTFPs, etc.)
General Management Program(GMP) is the flagship 1 year MBA program offered by XLRI Jamshedpur to professionals with a minimum of 5 years of work experience. The current batch size is 120.Admission is through GMAT/XAT scores, Essays Interviews. This rigorous program offers a great opportunity to professionals to sharpen their business acumen in a school with one of the best academic infrastructure in India - XLRI Jamshedpur.
Friday, August 13, 2010
Dr Vanita Viswanath @ XLRI: Building Rural Women Enterprises
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