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| Executive Chairman Of Vuepoint Presents At Second Biennial HCT MIT Global Entrepreneurship Conference In Dubai Aligning Lean Thinking with Entrepreneurship Long Island, NY October 2006- Constantin Ohanian, Founder and Executive Chairman of Vuepoint in Roslyn New York, presented at the Second Biennial HCT (Higher College of Technology) MIT (Massachusetts Institute of Technology) Global Entrepreneurship Conference held in Dubai U.A.E. on Tuesday September 19th and Wednesday September 20th, 2006. Ohanian held a workshop for nearly 130 Entrepreneurs on the concept of Lean Thinking, a customer centric business theory originally developed and implemented by Toyota Motors. The theme of this Conference was “Entrepreneurship 2010: Creating a Dynamic, Vibrant and Competitive Economy”. Conference organizers invited leaders of prominent businesses around the world to speak with entrepreneurs and MBA’s, hoping “…to create nations of entrepreneurs in the region who are driven by creativity, initiative, risk taking, discipline, and personal development,” according to a message on the conference website. Ohanian spoke to these points by presenting an introduction to the business model of Lean Thinking, a model which demonstrates that ‘less is more’ and creativity and problem solving in business are fueled by resource constraints. “We aligned the concept of Lean Thinking with Entrepreneurial behavior” Ohanian said. For part one of the workshop, Ohanian divided the students attending the workshop into groups representing businesses. Ohanian instructed each group to develop a product. The groups then presented their products and practices to their peers who represented potential customers. Ohanian explained in part two of the conference the value of implementing Lean Thinking into their business practices, and how it saves time and money while adding value to the product for your customer. “Human capital and intellectual property are essential components of economic growth for the nation. Lean Thinking is an excellent example of such intellectual property at work,” said Dr. Tayeb A. Kamali, Vice Chairman of CERT. |
The conference, held at Jumeirah Bach Hotel and Resort in Dubai, is a continuing joint effort by HCT and MIT. HCT founded the leading entrepreneurship center in the United Arab Emirates. The institution boasts 14 campuses and 15,000 students Barry Rubenstein, co-founder of Woodland Associates and board member for Vuepoint addressed the conference as well on “The Role of Industry and Venture Capital’. Other guest speakers at the conference included Peter Corr, Senior Vice President of Science and Technology at Pfizer, Bryan Bergsteinsson Group Vice President of Toyota University, and Pat Toole General Manager at IBM.About Vuepoint Vuepoint provides comprehensive knowledge transfer solutions that allow global enterprises to rapidly deliver revenue-generating product and service knowledge throughout sales, marketing and customer support channels. Vuepoint combines patented, award-winning technology, methodologies and services to help increase sales and market share for blue-chip clients including Black & Decker, The Hartford, Toyota, and Whirlpool. Founded in 1996, privately held Vuepoint serves more than 500,000 users in 35 countries. Vuepoint has won numerous awards, received top-ranked service and solutions ratings from industry analysts, and maintains the best financial stability ratings from leading financial institutions and information providers. Please visit www.vuepoint.com . The Centre of Excellence for Applied Research and Training (CERT) is the commercial arm of the Higher Colleges and provides a vital link to industry for the HCT. The centre is involved in strategic alliances with a number of large multinational organizations that are partners in developing a diverse range of business and technology solutions. CERT offers courses in a variety of fields, including engineering, business and health sciences. CERT provides professional development and lifelong learning opportunities for the UAE, the Gulf region, and – through its online training courses – many other parts of the business world.
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