LE02-Khan Academy - Revisit your Fundamentals

Wow, surprised to see that Dr. Mandi this time sent us a mail which inspires everyone to realise his dream. A MIT and a Harvard’s Graduate sacrificing his job for a dream in which he can help every citizen of the globe. That is the vision of Salman Khan, founder of  Khan Academy , a initiative started to help his cousin through interactive session has now a global mission. It shows that how a continuous determined effort can make you achieve what you want. 

                                 Salman Khan at Rice University's 2012 commencement

Different types of learning are:

• Vision & Mission Statement- Every human being in this world has a vision .It can vary from ‘getting two meals a day’ to ‘providing employment to every human being’. Vision stament must be impossible to achieve and should look rosy and glamorous.As is the case with Salman Khan,who has vision To build fundamental concepts ,in every field of education, for every human on globe in an innovative manner.This vision is almost impossible but has a deeper meaning connected to it. 

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  Long term gain potential- Any idea which your mind has should always serve a purpose which has long term benefit .By looking at company say Apple,which believes in innovation and that innovation helped the company to reach newer heights everytime.And also look at Khan Academy has a long term gain potential of diversing the content in different languages and for different subjects and Salman Khan , the founder of Khan Academy, has taken the pain by quitting the job to achieve the gain.

  
  

  Live as if you were to die tomorrow,learn as if you were to live forever.

• Bounded Responsibility - Initially when Salman Khan thought to start his 'not for profit' organization he faced limited amount of resources like funds etc. and he had to make optimal decision of how to run his business.Same is the case faced by every manager at some time or the other and he has to make rational decisions within boundaries.
  

  
  

  
  

• Most Difficult thing in this world- Abundance of opportunities :  A lot of opportunities are freely floating in the pool of business world . so the biggest challenge before a entrepreneur is to categorize those opportunities according to the needs and demands of the present world and give his level best to fulfil those as seen in the case of Salman Khan.

• Positivity- one of the most important ingredients to success of an entrepreneur is the aura of positivity around him. Take any of the top executives of big companies, they are filled with so much of positive vibes about the success of their business houses that they are bound to succeed in any decision they take for their company. This effect is also known as ‘Pygmalion effect’ i.e. what you think or believe that happens.
  

  Positive revolutions will not be caused by generals and politicians,but by INNOVATORS LIKE US

• Content – It is the foundation of every business model .  Strategy, finances, human resource are all the secondary things to look upon. If the content of Khan Academy was not up to the mark it would  bound to cease.

Content is where the rubber hits the road.

• Use of technology - In traditional approach of teaching, teacher – student relationship is limited, so all round development of student is difficult. But the use of technology by Khan Academy has opened the realm of knowledge to every student by watching presentation, solving tutorials and analysing results. At the same time it is helpful for the teachers to concentrate on those students who are lagging behind by looking at their respective graphs.  So if any business has to flourish in present times it has to take use of technology to reach to the masses.

• End goal – The Organization must have the end goal in their mind. Like in the case of Khan Academy, Salman Khan wants happy and productive people.