Workshop on idea generation and Business Canvas Model | MBA colleges in Bangalore list

Posted by Prof. Dr.K. Venkateswarlu On 09/10/2022 13:26:51

IIBS has successfully organized a workshop on “idea generation and Business canvas model” for MBA students. The session was aimed at inculcating the idea of entrepreneurship and utilizing the canvas model framework and its application in business.

In order to obtain a desired consequence or result, the idea-generating process frequently involves repeating a number of steps or stages. Once an idea has been developed, it might go through a testing step to see if the suggested strategy is appropriate for achieving the desired result. The effectiveness of the new concept may then be evaluated by way of feedback. It is possible to alter or reinvent an idea if it does not assist in achieving the desired aim or conclusion. The concept can be evaluated once it has been changed or enhanced.  Keep doing this until the required result. MBA in data analytics in Bangalore

A business model canvas is meant to assist in creating and outlining a viable and successful business plan. The person can more quickly spot areas that require development or improvement by outlining all the major elements of their business strategy. Additionally, developing a business model canvas might inspire fresh thinking and creativity in their business

Mr.Balamurali Bhaskaran, Senior Venture Coach, VDC – GITAM University & innovation ambassador – IIC, was invited as the resource person for the workshop. More than 70 students benefitted from the workshop. The entire session was delivered with interactive discussions.  This event was coordinated by Dr.K. Venkateswarlu, Associate Professor.  MBA colleges in Bangalore list

The session has covered different thought-provoking areas such as how to generate business ideas along with activities, mentoring support for student preneurs, and active participation in designing value proposition activities for the product. The session also provided insights about Canvas, TAM, SAM, SOM, and value proposition stages in business.  

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