GUEST LECTURE ON: Never Stop Innovation

Date and Time of Event: 17/9/24

Name of Speaker: Dr. Rupesh Pais Dean, Innovation, Entrepreneurship, Startup, Incubation, RBU

Name of Faculty In-Charge:  Prof. S. C.Tirpude

Introduction to the Speaker:

Dr. Rupesh Pais has done BE (Industrial Engineering), MBA (Marketing & Finance), MTech (Industrial Engineering) and PhD in Management from Nagpur University. For the last six years, he is successfully running the RGSCT-TIFAC Innovation program for MSMEs of the region. This project resulted in conducting research studies in more than 100 MSMEs. Through this program 26 Projects of innovation were conducted in various MSMEs, 8 Petents are filled and one start-up established. Apart from this, he is actively engaged in the college Business Incubator where he guides and mentors the budding entrepreneurs.

Event Summary:

Department of Computer Science and Engineering (AIML) organized a Guest Lecture on Never Stop Innovation for third semester students on 17th September 2024, conducted by Dr. Rupesh Pais Dean, Innovation, Entrepreneurship, Startup, Incubation, RBU.  The lecture revolved around the importance of continuous innovation in a rapidly evolving world and how individuals and organizations can foster a culture that embraces change and creativity.

The speaker emphasized that innovation is not a one-time event but a continuous process. In today’s fast-paced global economy, businesses and individuals must constantly adapt to new technologies, market shifts, and customer expectations. Stagnation, according to the speaker, is one of the greatest risks an organization can face. Whether in technology, healthcare, or manufacturing, companies that innovate are more likely to thrive.

The speaker identified common barriers that hinder innovation, such as resistance to change, fear of failure, and a lack of resources.  The speaker stressed that leaders need to set the tone by supporting creative initiatives, encouraging calculated risks and providing clear visions for the future, which enables their teams to push boundaries and explore new territories.

The lecture left a lasting impression by reinforcing that innovation is a mindset. Organizations and individuals must continue to push boundaries, embrace failures, and never stop striving for improvement. In today’s competitive landscape, it is not enough to innovate once; the key to long-term success is to never stop innovating.