IMPACT Lecture Series
Session 1 Lecture 2
Date : 25th June 2022
Speaker :- Mr. Rajanish Prabhu , Start up Mentor
Time :- 10.40 am to 12.10 pm
In the second lecture of the session 1of the Impact Lecture Series, Mr. Rajnish Prabhu spoke extensively on the subject ‘Innovation Enablers in Business’. He started the session by explaining the concept of innovation and how it aims to improve efficiency, effectiveness, and competitive advantage. He also demonstrated the characteristics that are required to be innovative, including a powerful idea and the drive to work hard. As per his observations, one should enter the market only after adequate testing and understand the customer’s problem accurately. He then illustrated the innovation model with absolute adeptness. He also threw light on the roadblocks to innovation. He mentioned how one needs to be creative to be innovative and that there can be multiple solutions to a single problem as there is never one right answer. He then went on to explain how in the startup world, one need not be practical all the time and how everyone appreciates innovative people in their team who do not worry about what other people may think. Further, he described how one need not follow rules blindly and focus on the end-goal. He explained the various aspects of innovation and its types. While explaining the barriers of innovation, he mentioned how lack of innovation can be one of the most difficult challenges for startups to overcome.
At the end of the session, Rajnish Sir answered the students’ and teachers’ questions while throwing light on his own professional journey and sharing his personal experiences.
To sum up, the event was a success, and both the speakers enlightened all the students at IMDR with two very important concepts of ‘Protection of Intellectual Property Rights and its significance in development of business’ and ‘Innovation Enablers in Business’.
Profile of Mr. Rajanish Prabhu:
Mr. Rajnish Prabhu works at Sodexo India & Director - Climate Positive Resource Foundation & Incubate. Partner - Synovest Capital Advisors. Mumbai
Mr. Rajanish has worked with start-ups at various stages of growth. Rajanish has worked in the Corporate sector in multiple roles across multiple geographies. Rajanish is a mentor to early startups and acts as a start-up sponsor as he connects teams with collaborators & resources to scale up. Currently he is Director, Climate Positive Resource Foundation Director . India Climate Positive Resource Foundation(CPRF) is a Section 8 corporate entity registered in India under the Registrar of Companies, Government of India, with the specific objective to address climate change and make social impact, and comprises a pioneering team that has identified and developed mitigation solutions. He is also works with Sodexo India as Rate Revision Controller , Mumbai Metropolitan Region. Earlier he has worked with Eagle Home Appliances Pvt Ltd., iSolv. ITNation ,Lovelock & Lewes.