Pankaj Deshpande

 "If opportunity doesn't knock your door, build a door," Milton Berle quoted as the most inspirational line for all the entrepreneurs. This line inspired many people around the world, and people started arriving with various innovative business ideas . A good team and a good experience can help one to make their door open to new opportunities.  Introducing a new idea to the world and making it work is a challenging task for a new entrepreneur. This is because newbie entrepreneurs are unaware of all the managerial, legal, commercial, and other features of the business. Starting a new business with proper guidance plays a vital role in making the new business work. Here are the top 6 business ideas for newbie entrepreneurs.  Advertising: To make a business idea work, advertising plays an important role. Opening an Advertising agency doesn't require much investment, and the right advertisement agency proves a success for many business organizations. Advertising Agency wo...

Are you looking for the perfect course to learn digital transformation? Tired of finding courses with an inadequate syllabus? Enroll in MIT ID Innovation today! The world is slowly transcending into a digitally controlled place with digital courses and skills dominating the sphere. People understand the importance of the digital sector, and the workforce is gradually shifting towards digitization. India is not behind other countries when it comes to digitization, as it is one of the top countries promoting digital skills in the world. The IT sector of our country is well-developed, leading to growth in digital transformation and digital marketing niches. Digital transformation courses in India are particularly important to develop your business into a successful enterprise. Digital Transformation: An Outline Digital transformation is a process that involves the movement of a business enterprise from its age-old procedures, order of work and hierarchy to something more suitable and con...

Technology has the power to completely alter the course of the future. But have you ever thought about what technology would be called whose introduction significantly affects the working and functions of a market or even an industry? Such technology or type of innovation is referred to as disruptive innovation.  Disruptive innovation assumes an extremely important role in the innovation framework of an organization. Here are two examples of how disruptive innovation has changed the course of business over time:  Internet: The biggest example of disruptive innovation that is ever known is the Internet. The company that has modified itself to be tech-savvy over time and adopt Internet usage is far more successful than those who did not adapt to the Internet.  Artificial Intelligence:  Artificial intelligence is another example of disruptive innovation that has modified how an enterprise carries out its functioning. Large sets of data which is unstructured could now b...

There is no exact universal definition of UX design. We simply say that UX design is "User Experience Design." But don't you feel like knowing more about this unexplored path? UX design courses are the best way to explore this topic and be one of the few skilled ones in the art of User Experience Design. Let us understand more about the UX design course in Pune so you can make an informed decision.  According to a study conducted by the Oxford Journal, while interacting with computers, they found that UX design courses help students improve customer satisfaction and generate a loyal customer base. It is done by using the utilities provided and guiding consumers to products that bring them utmost pleasure. Reasons why UX Designing is the Future of Designing As said by the designer Frank Chimero, 'People ignore design that ignores people.' UX design works on the same principle of improving the user's experience on a website. There has been an increase in demand...

Innovation is the bulb that will light the future of an organization. If a company wants to foster and prosper, organizational innovation should be the topmost priority in their business model.  According to a survey by Gartner, around 91% of marketers, 91 percent of marketers lead and support innovation initiatives. Innovation helps in saving resources which include time and money. These innovation principles give a competitive advantage to an organization over the companies that are already prevailing in the system. Some ways to foster the application of principles of innovation in an organization are:  Create room for innovation: To promote organizational innovation , a company must rise above the conventional resources and processes existing in the organization. A person should not conform to the existing procedures used as it would limit growth. By pushing the boundaries of a person and adopting the culture of innovation, employees would achieve the best to their abilitie...

Innovation is the key to the success of modern businesses. An organization needs to walk on the path of innovation as the modern world requires a modern solution. According to the Lab42 Innovation Survey, 84% of respondents of the survey said that it is very important that the company they buy from should be innovative. Innovation helps a company to achieve heights that they could not achieve with conventional methods. Innovation is the need of the hour as customers today demand products with a modern design that meets all the people’s future needs. These are some of the principles of innovation that an organization can adopt:. Look for innovation everywhere in the organization: Organizational innovation should not be limited to a certain number of people. Everyone should think of innovative ideas, and everything should inspire to be an idea. The organization could implement these ideas as they might be truly unique and give an edge over the competitors if successful. Even the problem...

Today innovation is becoming a part of most searched topics around the world. Talking about innovation management, then innovation is also becoming an important part of business growth. Looking at the Accenture 2015 US Innovation's survey, it was observed that 84% of executives are dependent on innovation for their business's growth. Many companies around the world have started adopting innovation in their business because: It enhances the company's growth. It keeps Organizations Relevant. It reflects the organization's uniqueness. In business, Innovation management is basically defined as the procedure of designing and introducing a new concept to develop the business. The simplest way to understand this term can be possible by focusing on its key elements, and they are:  Collaboration:  Collaboration is an essential term, and it holds maximum weightage in Innovation Management. Collaboration involves a group activity that leads to community development. In this compe...