 Namaskar! Welcome! Thank you for your interest in my course, Business Fundamental for Entrepreneurs Part 1, Internal Operations. In the short video, I'll introduce myself and I'll introduce the highlights of the course. Who should take this course? What value can you expect from this course? What is the structure of the course and what can you do after the course? To introduce myself, I'm a full-time professor at IIT Bombay DS School of Entrepreneurship and for the last six years, I have been teaching and mentoring engineering students who want to be entrepreneurs. Before IIT, I worked for 30 years in global leading companies like Procter & Gamble and DHL. I've had the privilege to serve as a CEO of India in a couple of organizations and also served on the management board at Asia, Middle East and Africa levels. I have studied at IIT Kharagpur and I am Kolkata and done my exit education at Watton. At IIT, I have run this course for four years and I hope I can provide the same value to those of you enrolled into this course on NPTEL and so on. Coming to the course, which institute is offering this course? This course is being offered by the Indian Institute of Technology Bombay, which is a top-ranked engineering institute in India and a top 50 engineering institute across the world. At IIT Bombay, this course is being offered by the DS School of Entrepreneurship and now this course is being offered to you on the NPTEL SIRM platform, which is one of the most watched and most popular online platforms in the world. So why should you take this course? Two reasons. First, to foster your business understanding. Modern companies are very complex entities and they have multidisciplinary operations. If you want to start your business, you have to understand the various aspects of the business and if you are an employee and you want to enhance your career, you still need to develop a broader perspective on the whole business. Second, to identify your skilling opportunities. The World Economic Forum, which is a globally respected organization, has projected that half the world's workforce will need to re-skill themselves in the next two to three years. If you have a broader perspective of business, you can identify your own broader skill requirements. So who should take this course? If you are a student, engineering, arts, science, commerce, undergrad or post-grad, you can take this course to make a more informed choice about your career. If you are an entrepreneur, you can take this course to have a broader perspective of business and decide whether to start a business and when to start it. If you are an employee and you are looking to enhance your career beyond your current function, you can still take this course and become what is called entrepreneur, which means you are an employee with an entrepreneurial mindset. Coming to the structure and the objective of the course. In this course, I will try and give you a holistic, diverse, real-world view of the different functions and the different operations of a business. In the first part of this course, I will talk about the internal operations and in the second part, I will talk about the external operations. So in this first part, in this course for four weeks and 12 hours, I will talk about what is a business? What is a company and different structures of companies? What are the vision, mission, goals and strategies of a company? I will talk about the operations of a company such as how to innovate and create a new business. How do you mass manufacture your products and ensure quality? How do you account for your finances and make sure that you are making profits? I will talk about leadership and I will talk about how you can manage the human resources of a company. And I will end by talking about how a responsible company takes care of the environment, of society and are well-governed. So what can you do after this course? You can take the second part of this course where I will talk about the external operations, marketing, sales, supply chain, retail distribution, etc. Or you can take a more specialized management, entrepreneurship or functional program at your school, college or on NPTEL itself. Finally, if you are an entrepreneur and you've got a startup idea and you've got the perspective of business, you can approach an incubator and get started on your own venture. So with this brief overview, I'd like to thank you and I look forward to welcoming each of you into this course. Good luck.