Tuesday, December 13, 2011

Nasscom to take up mentoring of IT units in Kerala

The Kerala Regional Chapter of the National Association for Software and Service Companies (Nasscom) will promote mentoring and entrepreneurship in the State's IT sector.

The risk-averse nature of people coupled with the public resistance to accept failure have conspired to nix entrepreneurial initiatives in the State, says Mr V. K. Mathews, Member of the Executive council of Nasscom.

FORBEARANCE NEEDED

Society has to be more forgiving. Failure has to be seen as a step to success, he said while speaking here to The Hindu Group of Publications.

Entrepreneurship cannot be taught in a classroom. Nine out of 10 attempts will fail. But entrepreneurship and mentorship are vital for industry transformation.

Mr Mathews is the Executive Chairman of the IBS Group, Vice-Chairman of the State Council of the Confederation of Indian Industry (CII) and Chairman of GTECH (group of Technology Companies), the industry body for software companies in the State.

The Nasscom Regional Chapter has decided to take head-on the challenges on this front by meaningful intervention in the grassroots Akshaya e-services delivery model.

UNIQUE MODEL

Describing Akshaya as a unique Government-to-Citizen (G2C) interface, Mr Mathews said 50 best performing Akshaya units in the State would be selected for mentoring at the hands of Nasscom.

Mentoring would help these units to firm up business plans, chart out a course for revenue growth, access technologies and even arrange finances, Mr Mathews said.

This would lead to ‘better conversions' at the entrepreneurial end.

The local chapter of TiE (The Indus Entrepreneurs) is also engaged in a similar exercise aimed generating deployable business plans and models through a contest.

VALUE CHAIN

Giving a historical perspective, he said he Indian IT sector evolved from the body shopping concept to hosting offshore development centres.

“But we are still at the low end of the value chain. We are order takers. This has to change. We need to home in on a fresh new strategy driven by value-addition,” he said.

We need to be innovative. One way of innovation is to promote entrepreneurship. Sticking to a success formula takes the excitement out of the industry, he added.

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