Ritik Gupta
The Indian Institute of Technology (IIT) Hyderabad has today embarked on a business model innovation certificate course. In collaboration with Business Design Lab, the programme targets business leaders, entrepreneurs, intrapreneurs senior design and strategy professionals.
Speaking about the newly launched course, IIT Hyderabad said in a statement that, “Businesses, whether big or small, must pivot their business models and strategies to stay relevant in the market. With unprecedented challenges emerging every day, strong leadership skills, a humane approach to building superior business models is imperative.”
Dr MP Ganesh, program director and head, department of Entrepreneurship and Management, said, “We would like to enable businesses, especially mid-size growth stage ventures, by providing contextual learning interventions, that prepare them to grow and scale their businesses by reducing their investment risk; thereby contributing to society by creating jobs and better value for all”.
Candidates interested in applying for the program can submit the application form on or before May 7.
In the past years, this institute has established strong ties with many global organizations. IIT Hyderabad has a strong bond with many Japanese universities. It is the first institute to start an executive MTech Programme in Data Science for working executives and professionals. Furthermore, IITH has also signed MoU with the University of Pittsburgh and Kaohsiung Medical University.
Underlining the relevance of this program in today’s context, Ajay Parasrampuria, Lead facilitator and Co-Founder Business Design Lab, said, “The COVID-19 global pandemic has caused all businesses to pause, relook and adapt to the “new normal”. Businesses are faced with greater challenges and constraints, bringing many organizations to vulnerable stages in their business cycle. Over 54 per cent of startups (as per NASSCOM Survey) are looking to pivot their Business to survive. Simultaneously, for the Indian economy to grow, we need 1,000 companies to grow and scale-up in the next few years. (McKinsey Report, 2020). This program will help participants reduce business innovation uncertainty and investment risk by designing and implementing smart experiments”.
Please visit iith for more information on fees and the application process. The last date to apply is May 7.
