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‘Theory of Constraints: A Science of Management’

From Chaos to Success
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That was the title for Library’s latest session on the Theory of Constraints led by our esteemed speaker Aniruddha Joshi.

Revisiting my first encounter with TOC through Eliyahu Goldratt’s “The Goal,” it was inspiring to see how these principles continue to drive significant improvements and better decisions in various fields.

Here are my key takeaways

– There will always be constraints. No matter how big or good your organisation is. What can set you apart is how you identify and exploit that constraint.
– The 5 steps in the process of ongoing improvement(POOGI) can help you with that
– Overcome the perception that reality is complex. Every situation is simple (governed by a few leverage points)
– People are good. There is always a win-win situation

Thank you Aniruddha for the wonderful session and thank you to everyone who attended.

The Venture Center library regularly hosts such insightful sessions. Click here to become a member – https://lnkd.in/gqk9hZgQ

Unlock Your Potential: Join Us for ‘Theory of Constraints: A Science of Management’

We are thrilled to invite you to an exclusive session hosted by the Venture Center Library: “Theory of Constraints: A Science of Management.” Discover the power of TOC, a proven methodology that has revolutionized industries worldwide over the past 40 years.

Why Attend?

Gain invaluable insights from CA Aniruddha Joshi, an expert with decades of experience, and learn how to:

  1. Identify the Problem: Understand why TOC is crucial for overcoming management challenges.
  2. Master Constraints: Participate in an interactive exercise to grasp the concept of constraints.
  3. Explore TOC Knowledge: Get a comprehensive overview of the TOC body of knowledge.
  4. Apply TOC: Learn practical applications for manufacturing, projects, and even start-ups.
  5. Q&A Session: Engage in a dynamic buffer session to clarify your queries.

About the Speaker:

CA Aniruddha Joshi

CA Aniruddha Joshi, Co-Founder and Director at Yagna Entrepreneur Success Services Pvt Ltd, brings over 27 years of diverse experience in finance, IT consulting, and business transformation. Aniruddha has helped numerous organizations achieve rapid and sustainable improvements using TOC principles. He is a certified TOC Application Expert.

Event Details:

🗓 Date | Friday, 12th July 2024

🕰 Time | 4:00 PM – 5:00 PM

📤 Mode | Hybrid (in-person at Venture Center and online over Zoom. Zoom details will be shared with the registered participants on a day prior to the  event)

🏬 Venue | Lecture Theater, 900, NCL Innovation Park, Dr. Homi Bhabha Rd, Pune-411008     

map new.jpg Map location https://lnkd.in/dRa3wn8f

📓Registration | The event is free & open to all but registration is mandatory. Secure your spot here-https://forms.gle/tNYEhfESeGog1Pdp7

Don’t miss this opportunity to gain valuable insights into TOC and learn how to apply this powerful methodology to drive success in your organization.

We look forward to your participation!

Book Club Discussion on “Atomic Habits”

Missing once is an accident. Missing twice is the start of a new habit.
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Library Book Club began as a way for like-minded employees to discuss their favorite books and to encourage the habit of reading. It has since opened its doors to all individuals who share a common love for books.

In its 6th meeting, the Club discussed “Atomic Habits,” one of the best-selling nonfiction books ever. The discussion was led by Deepti Khanvilkar, who began by noting the coincidence of James Clear’s last name(Clear) and his immense clarity in writing about building amazing habits.

Here’s a quick summary of the discussion:
– Small incremental changes compound over time. Don’t expect instant gratification or rely on fads; stick to the basics.
– Systems over goals. All Olympic athletes aim for the gold medal, but what separates the winner from the rest is their system.
– Identity over outcome. If you want to quit smoking, identify yourself as a non-smoker rather than someone trying to quit.

It was inspiring to hear some of our members share their stories on habit-building and their strategies. I have also successfully used some of the protocols mentioned in the book. Simple things like always keeping my gym bag packed or leaving a book on my work desk act as cues to remind me to follow the habits I want to build.

‘Systems Thinking: A Problem-Solving Approach’

Do you know of a methodology to solve only complex or “wicked” problems?
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The Venture Center Library hosted a session on Systems Thinking by @Sukanta Bhatt, Here are the key takeaways:

— Systems Thinking vs. Linear Thinking: Emphasizes understanding whole systems, their interconnections, and feedback loops instead of isolated parts.
— Holistic Decision-Making: Encourages considering system-wide impacts for informed decisions.
— Identifying Leverage Points: Focuses on small changes that can lead to significant improvements.
— Creating a Systems Thinking Culture: Highlights the importance of fostering a mindset of interconnectedness and adaptability.

Dr. Bhatt shared compelling examples demonstrating why this approach is essential. With so many wicked problems around us, from climate change to poverty, perhaps systems thinking can help us address some of them.

The Venture Center library regularly hosts such insightful sessions. Click here to become a member – https://lnkd.in/gqk9hZgQ

https://www.linkedin.com/posts/venture-center-pune_do-you-know-of-a-methodology-to-solve-only-activity-7209867920024252416-Mhe5?utm_source=share&utm_medium=member_desktop: ‘Systems Thinking: A Problem-Solving Approach’

Join Our Book Club Discussion on “Atomic Habits”


Dear All,

We are thrilled to invite you to our upcoming book club discussion on “Atomic Habits” by James Clear. This bestseller is a deep dive into the art and science of habit formation, offering practical strategies to help you build good habits, break bad ones, and master the tiny behaviors that lead to remarkable results.

Event Details:

  • Date: 28th June 2024
  • Time: 4:00 pm to 5:00 pm
  • Location: Venture Center Library, 100 NCL Innovation Park, Dr. Homi Bhabha Rd. Pashan-411008

Discussion Highlights:

  1. Understanding Habits: Explore the core principles of habit formation and how small changes can make a big difference.
  2. The Four Laws of Behavior Change: Dive into the framework Clear presents for creating good habits and breaking bad ones.
  3. Practical Strategies: Share and learn actionable tips and techniques to apply the concepts from the book in daily life.
  4. Personal Insights: Exchange personal experiences and insights on how habits have impacted your life.

Why “Atomic Habits”?

  • Proven Methods: Clear’s methods are backed by scientific research and have helped millions of people around the world.
  • Actionable Advice: The book is filled with practical advice that you can start implementing right away.
  • Inspiration: It’s not just a guide; it’s a source of inspiration to help you achieve your goals and improve your life

RSVP: Please let us know if you will be attending by https://forms.gle/aqrJz9XQuPio8cUU7.

No pressure if you haven’t had a chance to read the book yet – our discussions are all about sharing thoughts and bouncing ideas around. Plus, it’s always a blast to hang out with fellow book lovers!  

Feel free to bring a snack or beverage to share. After all, what’s better than discussing a captivating book while savoring some tasty treats? 

We look forward to seeing you and having an enriching discussion on how we can all improve our habits and achieve our goals together.

Happy Reading!

If you have any questions, feel free to contact me.

Join Us for a “Session on Systems Thinking: A Problem-Solving Approach” by Venture Center Library

Dear All,

We are excited to invite you to an upcoming session on ‘Systems Thinking: A problem-solving approach’ designed to help businesses solve complex problems with simple, long-term solutions. 

Why Systems Thinking?

Systems Thinking aids businesses in solving complex problems with simple, long-term solutions by analyzing the intricate relationships within the business ecosystem. It is crucial in today’s world where businesses must consider not only financial success but also their environmental and societal impact.  

The session will focus on – 

  • Understanding Systems Thinking: Principles, emergence, relationships, patterns, and feedback loops; vs. linear thinking.
  • Holistic Decision-Making: Informed decisions by considering system-wide impacts; risks of isolated decisions.
  • Identifying Leverage Points: Strategic areas where small changes yield significant improvements.
  • Creating a Systems-Thinking Culture: Foster a culture of interconnectedness, learning, and adaptability; leadership’s role; integrate economic, social, and environmental considerations.

 About the Speaker:

Dr. Sukanta Bhatt is the founder and director of Tisory Consulting, specializing in Systems Thinking for the engineering industry, with over thirty years of experience in software, e-R&D MedDev product innovation, and MCAD. He has played significant roles in multinational organizations, contributing to ten MedDev product innovations and excelling in various aspects of system engineering. Certified by MIT as a Systems Thinking practitioner, Dr. Bhatt has conducted numerous workshops and webinars for professionals.  

Event Details:

Date: 19th June 2024

Time: 4:00 pm to 5:00 pm

Mode: Hybrid (in-person at Venture Center and online over Zoom. Zoom details will be shared with the registered participants)

Venue: Lecture Theater, 900, NCL Innovation Park, Dr. Homi Bhabha Rd., Pune-411008      Registration: The event is free & open to all but registration is mandatory. Secure your spot here- https://forms.gle/YUUcRBShuu9duhfh6

We look forward to your participation in this enriching session!

Author Talk on “Funding Your Start-up: And Other Nightmares”

“Is funding really a nightmare? Prof. Prof Dhruv Nath, investor and author of ‘Funding Your Startup : And Other Nightmares’ showed us how to turn those nightmares into dreams!

During our recent author talk with Prof. Dhruv Nath, he delved deep into the PERSISTENT framework, providing invaluable insights into how startups can navigate the funding landscape and become investment-ready. One of the highlights was when he took a live example to illustrate the practical application of this framework, making it all the more relatable and actionable for our audience.

Between The Lines session


We had the privilege of hosting Advait Kurlekar’s Between The Lines session, which delved into the captivating stories from CanDid, our book spotlighting the sciencepreneurs at Venture Center.
Three out of the fifteen entrepreneurs featured in the book – Parul Ganju, Nuriel Pezarkar, and Renuka Diwan – took the stage and talked about turning their scientific ideas into business ventures. They shared their experiences, from scientific breakthroughs to corporate landscapes, offering interesting insights into the synergy between science and entrepreneurship. The book’s author Ramakrishnan N could not join us physically but had recorded a message about his journey and experience of working on this book.

Let’s demystify AI and ML

Unlocking the Mystery of AI & ML: A Journey of Discovery with Ravi Khare

The Venture Center library had the pleasure of hosting Ravi for a session on Demystifying AI/ML

From understanding the fundamentals of AI and ML to pondering who truly becomes intelligent, learns, and teaches in this digital age, we left no stone unturned. We even dove into the realm of Reinforcement Learning and how AI is trained, shedding light on the inner workings of these fascinating technologies.
But perhaps the most profound takeaway from our session was this: amidst the hype and excitement surrounding AI and ML, it’s essential to remember that the true sources of joy often lie beyond the realm of algorithms and data. As our speaker aptly emphasized, many of life’s most precious moments don’t require AI or ML—they simply require human connection and genuine experiences.
So, as we continue to navigate the ever-evolving landscape of technology, let us not forget the power of simplicity, human connection, and the joy found in the little things. Together, let’s embark on a journey of discovery—one where the wonders of AI and ML are met with a deep appreciation for the beauty of human experience.
https://www.linkedin.com/feed/update/urn:li:activity:7185149520685498368/

Book club meeting on”CanDid” by N. Ramakrishnan.

‘CanDid: Inspiring human stories of resilience, perseverance & focus from sciencepreneurs at Venture Center’

Candid, a Venture Center-published book, follows the journey of 15 start-ups. To share the same trip, we have chosen the book Candid for discussion in the book club, which reveals the step-by-step success journey of entrepreneurs.

Discussant Neha enlightened the engaged audience with a very great explanation of the inspiration and desired behind this book. The journey of coming up with the idea for a start-up, the hard work and self-belief, and the realization of the start-up were discussed.  The session turned out to be really enjoyable and informal. During the event, several interesting and humorous anecdotes of young start-ups were shared, including how they came up with the idea, how they implemented it, and how they received support from their families. The reason and motivation for naming a startup was explored as well. A woman’s path as an entrepreneur reveals constraints, family opposition, and much more. Participants also shared their experiences. In such a way, the book club was extremely entertaining and enlightening.

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