Mrs. Monu Jain – A challenger

Mrs. Monu Jain, Vice-President of IndusInd Bank visited our campus (IWSB) today, to discuss about the banking sector in India. The session began with a small introduction of the students, and she was excited to see the diversification of students from various backgrounds and regions across India.

As we moved ahead, the session was about general affairs in banking sector. She beautifully explained, that how banking sector is fulfilling its role in holding up the economy, which is evident from the fact that despite GDP growth rate has decreased, the credit growth rate is still standing tall, which signifies the growth of money that banks are pumping into the economy year after year. We got to know that marketing is a potential part of banking; it was best explained with a example stated as: “Recently IndusInd bank has launched a series of three advertisements hiring Actress Neetu Singh, and other artists as well, and we hired a marketing team for this purpose, as nothing sells without marketing and it plays a prominent part in every business no matter which sector it operates in.”

As she touched upon her personal journey in banking, we came to know that she is an IIM B alumni, got placed in Bank of America through campus placements, and not emitting the characteristic that a average MBA shows she worked with the bank of America for almost 12 years, out casted all her batch mates with such a long time period of working with one particular company. From a well paying job, glamorous lifestyle, travelling different countries and meeting different faces, she shifted to IndusInd bank, the commercial bank which is still unknown to people.

We were amazed at her decision to shift to IndusInd bank; this is where her passion to face challenges unrolls the curtains. She found her lucky enough to join the bank when it was in the stage of reconstruction, and there was a complete change in management, so got a chance to work with new people and potentials, and four years down the line, the bank has transformed from the nascent stage to a challenging commercial bank. Also she gave emphasis on ATTITUDE, the most important aspect which is not learned from books, that is a salient element that people needs to carry while working in an organization, and people with the superlative attitude are the ones who are nimble to move up their career ladder.

Last but not the least, she ended by explaining that hard work is equally important part of success, and it is the most under-rated factor of success. Elegantly she quoted:

“THE HARDER YOU WORK, THE LUCKIER YOU GET!”

Written by: Ishan Garg

(Member, Team Outreach)

My Journey with Shelly Singh, Co-Founder & VP at PeopleStrong

IWSB’s dais was addressed by Ms. Shelly Singh, one of the co-founders of PeopleStrong, who incepted the company along with Mr. Pankaj Bansal, in January 2006. It was not only a great opportunity for the students for an industry interaction, but, also to know the nuances of a unique sector such as an HR consultancy.

The session commenced with an introduction to the company and how it began its journey. The founders of the company realized that there was no professional player recognized as a Public Trading company in the market. Also, the inspiration came from the U.S. market at large. The ideation had to be taken to the next level and they did so, by preparing a Business paper plan. The journey for them was not easy and the wait for their first investors was a part of it. Then finally came their Angel investors but the wait for them gave Shelly and their team their first lesson- “to Hold on!”

Their earliest challenge was to fall at the temptation of taking up an HR consulting project. However, the team was highly motivated and they waited and chased rigorously till they got their first client as Nokia. Not choosing the easy way out saw fruition this way and since then it has not been looking back for them. The business has expanded from a one location to five different-locations business. They were always focused on being India’s own HRO and position themselves as India to India business.

Being an HR expert, the major emphasis of the whole talk by Ms. Shelly was on the importance of the ‘culture at PeopleStrong’. She mentioned that they lay a very strong emphasis on the cultural thread in their organization. Their goal was to make a complete board of people who believed in their idea. Twenty-five out of their thirty initial employees are still with them, and, that is their strongest testimony she believes.

Practices like, sharing the 25% of the stocks with the employees, publishing an unedited year book on culture by employees, morning-prayer at all the five locations, no recognition plan or guarantee awards but celebration among the working family, has helped maintain the environment and also the euphoria in the employees. According to her, in the ‘Lehman’s era’, where organizations are falling due to wrong cultural practices it is very important to curb corporate greed and also establish and then maintain the right practices. She mentioned that they strive to not only excel in providing HR solutions but in creating a ‘happy organization’!

Throughout the session, Ms. Singh kept sharing the idea of being an entrepreneur and also her understanding of the concept throughout Peoplestrong’s journey. Some of the requisites of entrepreneurship as per that are: excitement, patience, creation (of scalable models) and most importantly, fearlessness. She shared her inspiring thoughts on being ‘secure’ in what we do. Any amount of insecurity leads to the incapability of doing complex tasks and also compromising of integrity. For this, there is an integral need to be honest to self and to the organization.

The session was then concluded by a ritualistic Q&A round, where the students had a volley of questions about the company, their practices as well as the industry. When asked about the USP of the company, she mentioned that it’s not just hiring or recruitment but, it lies in the entire process of recruitment and selection consisting of all the 28 decisions. The team at PeopleStrong strives to maintain the quality of hire at the company which is a function of loyalty and the time period o service.

Such a close encounter with the expert gave the students a vivid understanding of the industry requirements and also an organization’s integral needs. The biggest take away of the session being that ‘culture’ is not a mere part but, the backbone of any organization.

Written By: Shubhangi Pandey,(Member,Outreach Team)

My Journey with Mr.Arvind Kejriwal, Activist , RTI and Lokpal Bill Movement

Disclaimer: The views expressed in the blog post are solely of the speaker, the writers and IWSB are not responsible in case anyone gets hurt or offended.

“Kya sametega maut ka ubalta dariya hame hum kinaro pe chalne ka hunar jaante hai, Seedhey haato ne jo kheechi hai lakeere tedi un lakeero pe chalne ka hunar jaante hai”

“When government parked a slap of monopoly on our faces, couple of social- entrepreneurs retaliated back and called on the movement Lokpal Movement”. Its prime objective was to avert the proliferating tentacles of corruption. “They find the Constitution of India more of a dictatorship streak than of freedom awarding”. These were the not the words but virtual ammunition that Mr.Arvind Kejriwal used during his session in IWSB against prevalent Indian Systems. Let there be no confusion that this man doesn’t need any introduction. Rather it’d be a sheer insult of this whistle blower who is considered as cornerstone of RTI and Lokpal Bill Movement.

The session was kicked start by a quick introduction to Lokpal Bill Movement. The vindication behind this, in words of Arvind was: “People’s heart is with Anna but a confusion about the movement still nests in their minds.” As the provoking session leaped, Arvind targeted the prevalent laws from all the vantage points. He advocated that prima facie problem was not the inefficient implementation but because of the laws themselves. To back this view, he gave the example of Prevention of Corruption. In this Act, if the crime is convicted, the alleged person would find her/himself behind the bars for a maximum of 7 years. But the nadir is there is no provision of recovering the money involved. To sum up all, corruption is an exception to a cliche in finance High Risk, High Return. In corruption, “It’s always Zero Risk and Exorbitant Returns”.

He further targeted the government and blamed it for showing insincerity in the process of genesis of new laws. “The existing bills don’t encircle the corruption from common man’s face. So many much talked issues like NREGA, electricity scams etc are still untouched by these bills.” Government said that, for it, to cover the big scams was of paramount importance, but again scores of infamous scams had been missed out. During the whole session, the audience sensed variations in his tone, pitch, position but three things that maintained the status quo was his aura, motivation level and conviction. This was an articulate evidence of Arvind’s selfless deed to change the incompetent systems suffering from epidemic of corruption.
The whole session was actually the motley of examples that Arvind gave to reveal the real face of aberrant systems and laws. For e.g. If Santosh Hedge wants to file a complaint against Yedurappa, he requires permission from Yeddyurappa to do so. When such absurd systems are being mantled then it is but obvious to have Raja, Kalmadi enjoy a spree against the tax payers’ money.

Following this he portrayed how Lokpal Bill can fill the loopholes in current systems. This would help dismantle the corruption from its roots. When Arvind got over with apparent pitching to volunteer for the movement, IWSBians threw multitudes of questions from every nook and corner of their mind and heart. Some of the questions that were being raised are:

How Lokpal is going to work, it is heard that it’s a movement that rests in roads and lanes?
A real movement always emerge from the remotest area and feeds in the roads and lanes, so is Lokpal Movement. The Lokpal is going work through lobbying and persuading the Indian masses to join the movement. The weapon that would be used is non-violence. Until and unless people will mount pressure on government, it’s not to be a cake walk.

Why are you and Yoga Guru Ramdev not together?
It’s because of Ramdev’s close alliances with political parties RSS and BJP. Our supporters have serious reservations about it. Instead of amalgamation, we both are fighting the battle in our own ways and rules.

For a common citizen like me who has a decent knowledge regarding politics and other government bodies, when Baba Ramdev came into picture raising the question of black money, it was more of a publicity stunt on the face because this move would further enhance the brand BABA RAMDEV with millions of followers to follow worldwide. So do you keep it distinguish from such publicity stunts?
“I’d refrain myself to comment on what was Baba’s intentions but the issue that he raised was really of a paramount importance to us”.

Assuming that Lokpal bill is accepted, what about the reaction from BJP and alike parties?
If the parties react outrageously, chances are high that electoral reverses take place. Our prima facie objective is to target UPA to pass this bill. Once the bill is operational, we’d be able to target the political spectrum in totality.

In context of your demands, should the PM be given immunity under this Bill?
No, he shouldn’t be. At present a common man has to file a case in CBI if PM is found indulged in some wrongdoing. Now see how beautifully the system has been designed that the CBI itselves directly comes under the PM. We demand a formation of an independent body to probe into the matters involving the top brass so that transparency is ensured. It takes 35 years for a corruption case to reach at the final verdict. We’re trying to condense this time frame to 1.5years.

What motivated you to be a part of this breakthrough movement?
However it’s difficult of answer, but when CAG scam took place, that’s where this spirit got its genesis. To me and scores of other activist, that scam was nothing less than monopoly of government. They apparently made it clear that we’ll loot you, your money, do whatever you can do. After realizing this naked challenge, I met Kiran Bedi and had a talk with her and hence all this started.

If you see the post independence history, so many other nations got independent in that period, why India is still standing at this juncture? Is it a judicial failure or administrative failure?
It’s a complete system fiasco. The system if seen under the lens of realty is nothing but a cut copy paste of Government of India Act, 1935. This act was implemented by the Britishers to rule over India. Now the same Act is being implemented by Indian Government on us. This is a nude party-raj on name of democracy. Democracy means active engagement of public in day to day governance.

After having answered an array of questions, Arvind finally started the pitch in and requested students to actively participate in this movement and be a part of Anna’s brigade. To sum up all, Arvind focussed upon placing the efficient systems in place. Once systems are in place, people only need to follow them. In DMRC, the “metro man”, E.Sreedharan didn’t sit on the heads of employees but put the systems in place and rest is the history. At the bottom line, IWSB family salutes the noble deeds and aura of Arvind and wish him and his movement all the luck.

Written by : Amanpreet Kaur Uppal and Avinash Johri, Members Outreach Team

RACHNA – AMALGAMATION OF CREATIVITY WITH IDEAS !!!!!

Just like the invigorating rays of sun make their way through the clouds to embrace the earth, the quintessential future business-tycoons marked their presence in the corridors of IWSB. The event under deliberation over here is Disha’s workshop Rachna, the first of its type organised by the distinguished E-Cell of IWSB College. The mainstay of the workshop was Creativity in idea-generation which is the first step for any business-process ladder. The event experienced good strength of participants from prestigious institutions like MDI (Gurgaon), Accurate, IILM-CMS, to name a few. When it was 1:30 pm by the watch, Sushant- The Co-ordinator of Disha, raised the curtains of the event by delivering a warm welcome note addressing the students and faculty present there. The workshop then proceeded with a very simple yet much thought provoking question – “Can entrepreneurship be taught in the classroom?” The question in itself was stimulating enough that it charged each and every student present out there and one could easily sense the adrenalin rush in their replies.
Some of the replies were:

“Yes, it can be taught because until and unless one will have a subjective knowledge, he/she can’t apply it practically”.

“No, it can’t be taught but entrepreneurship comes with experience. As the saying goes ‘You can’t learn to swim without experiencing water’. No matter how much subjective knowledge you might have about entrepreneurship but being an entrepreneur is the best way to go about it.”

“It’s a mindset, an attitude of changing the ideas into reality.”

“No doubt that learning is important but when it comes to practicality then the later is on the top of the hierarchy.”

“Entrepreneurship can only be honed by academics but the idea or the germination of idea always comes from within.”

After this brainstorming session, the workshop headed towards another crucial segment which was a video show that lasted for 15 minutes from “ted.com” of “Seth-Godin”. The video contemplated over-
The Tribes in today’s world and the tribes we lead.

The video talked about the idea that each and every contribution is valuable and every action that one takes to affect change and resolve a matter of concern is a worthwhile endeavour- no matter how small or few people engage in the quest as well.He put forward a very instigating thought by asking some question –

The three questions he offered were:- “The first one is, who exactly are you upsetting? Because if you’re not upsetting anyone, you’re not changing the status quo. The second question is, who are you connecting? Because for a lot of people, that’s what they’re in it for. The connections that are being made, one to the other. And the third one is, who are you leading? Because focusing on that part of it, not the mechanics of what you’re building, but the who, and the leading part is where change comes.”

Seth Godin concluded his talk with the following thought-

You don’t need permission from people to lead them. But in case you do, here it is. They’re waiting; we’re waiting for you to show us where to go next. So here is what leaders have in common. The first thing is, they challenge the status quo. They challenge what’s currently there. The second thing is, they build a culture. A secret language, a seven second handshake. A way of knowing that whether you’re in or out. They have curiosity. Curiosity about people in the tribe. Curiosity about the outsiders. They’re asking questions. They connect people to one another. Do you know what people want more than anything? They want to be missed. They want to be missed the day they don’t show up. They want to be missed when they’re gone. And tribe leaders can do that. It’s fascinating because all tribe leaders have charisma. But you don’t need charisma to become a leader. Being a leader gives you charisma. If you look and study the leaders who have succeeded, that’s where charisma comes from, from the leading. Finally, they commit. They commit to the cause. They commit to the tribe. They commit to the people who are there. Don’t do this in half measures. If you’re going to lead, commit yourself to the cause and throw some weight behind it. If you manage to do that people will follow. Well that’s the plan anyway!

Post video-show the most-awaited event started with a bang which was “Paper to Product”. In this event the students were asked to make any product from a paper in 10 minutes. A multitude of products reflecting ample creativity were designed by the students like alphabet-kit, lamp, fan, ring, piggy-bank, garland to name a few. Then 10 groups of the students were formed and each group was asked to choose the best product among the products of the respective group members. Each of the group chose the best product among them and then they were asked to choose a price which they think the product was worth of. After this each team was given 3 minutes time to pitch for their product and other teams were asked to mark an offer-price simultaneously. At the end best teams were chosen on the basis of the ranking of their products as ranked by other teams.

WINNING TEAMS:

Team 1 : Alphabets Learning Tool.

Team 10 : Lamp Shade.

The workshop was about to be wrapped up when Navneet and Krishna enlightened the students with their insights and “gyan”.

In words of Prof. Navneet, “ Start with a big vision and people will come to you”. He spoke on networking and the realities of the corporate world and often proved as ice-breaker in the whole workshop. In words of Prof.Krishna “Get customer’s inputs and then tailor your approach accordingly”. The workshop but not the spark, which was triggered because of the adrenalin rush, concluded with a documentary.

AN ASSORTMENT OF LEARNING :

Overall experience in the words of the participating students
Hitesh from MDI(Gurgoan) says : “Good Team.Good Teamwork. Lively event ! Positive energy in that space.”
Monalisa from IILM says : “ It was very interesting, interactive, innovative, learning and fascinating experience.
Frankly, I learnt its not easy to be creative and feasible at the same time but if this happens then you come up with a great product”

Swati Rana from IILM-CMS says : “ The workshop was fabulous. Learning part was great. Looking forward for more such workshops”

Jasbir from Accurate says : “ Call me every time you guys do this. Its awesome.”

Compiled By- Avinash and Ritika

My Journey With Mr.Niraj Hans,Managing Director ,FIAT Partecipazioni India Pvt Ltd,

On 30th October IWSB was honored to have one another great personality from the corporate world as part of its Industrial Visit Sessions. We were privileged to have Mr. Niraj Hans, Managing Director at FIAT Partecipazioni India Pvt Ltd, Country Head-FGP in our campus. A Mechanical Engineer & MBA by qualification, Mr. Hans started his career in Automobile sector with sourcing of Automotive components & handled the assignment at various capacities for various Indian & MNC Automotive Players in purchasing & global sourcing function. A professional with over 22 years of experience in Automotive Industry , Mr. Hans shared his early life experiences in the industry and key learning such as, “People who work with minds earn more than those who work with hands” and “Everyone is the flag bearer himself”. He commenced the session commending the privileges that present day b- schools provide to the students, like long netting sessions and went on with emphasizing the need of profile matching.
Discussing the changing trends in the Indian Automotive industry, Mr. Hans reflected, “Automotive industry is shifting to Asia and soon Asia will be a source of one in every two vehicles. India would be a centre for low cost design & manufacture and a source of application and production”. Setting the context for Automotive Mission Plan 2016 Vision, he stated, “India could emerge as the destination of choice in the world for design & manufacture of automobiles and auto components. Major changes are being experienced in the Global Auto Industry since 2008. Indian industry experienced a strong rebound in FY2010, one of the fastest growth rates in last five years. Many new milestones have been crossed”. Talking about the importance of engineering a product over producing and selling it, he shared that the business world moves in a cyclic form. Explaining how Asian countries survived the recession while Western countries collapsed, he stated, “The lottery ticket to save fuel and cut emissions is low cost/high volume with advanced technology.”
Mr. Hans identified the following as the immediate Challenges facing the Indian Industry:
 Infrastructure in terms of power availability, quality and cost
 Skill labor availability and management bandwidth
 Capacity ramp up(lead time, cost of capital)
 Significant pressure to meet domestic demand
 Financial Performance (Debt equity ratio, working capital efficiency, declining ROE and ROI trends)
Drawing a comparison of India vis-à-vis other LCC (Low Cost Countries) he indicated how infrastructure and commercial environment were affecting India’s competitiveness.
Mr. Niraj Hans also discussed the structure of FIAT (Fabbrica Italiana Automobili Torino) group and how FPT (Fiat Powertrain Technologies) worked to its competitive advantage. Further, he mentioned the need of empowerment of the youth. “India has the largest number of youth, and they can become the nation’s strength only if they are employable”, he explained.

Mr. Hans concluded the session by emphasizing the importance of innovations and in the end there were some useful suggestions from the students’ side as well.
The interaction was extremely engrossing. It enlightened us with some valuable insights into the Automotive Industry and motivated us to think differently.

My Journey with Mr.Amit Pandey,CEO CoreTree Solutions Ltd.

IWSB witnessed yet another exciting and inspiring session at the campus , where the CEO of CORE TREE SOLUTIONS LTD. shared his personal voyage from a small town boy to a CEO. The event began with a brief introduction of the speaker and the students. He shared how his life has cascaded through various events and phases where he emerged as the achiever by mitigating risks and also, its responsibility. He did his B.tech from IIT Bombay and PGPM from IIM Bangalore. He has worked in companies like SKF India and GE. After an enriching experience in the corporate world he moved on to become an entrepreneur.
Then, the talk proceeded with an exchange of thoughts on questions like ‘what is entrepreneurship’ and ‘who is an entrepreneur’. The students came up with some brilliant definitions of the concept itself and the key attributes of an entrepreneur. Then Mr. Pandey made the students look at entrepreneurship with a bird’s eye view, so that, it encompasses both the theoretical as well as the practical perspective. He brought some practical insights by sharing the experience of his early years. In his view, entrepreneurship is an effect of a ‘bug in the mind’ and it should not be done merely for money, fame or social work but for oneself. It is all about an idea, a vision which needs to be transformed into a reality.
Then he told the students about the three Cs, which are vital for any business or even success in life. These were : choice ( decisions one makes), capability (potential along with interest) and commitment (passion). He shared how these helped him when he was at the crossroads , many times in life. The first being , where he had to choose one between his love and career, where he ended up choosing .. love! According to him, whenever stuck at such crossroads , one must make the choices by following the heart and not regretting them later, which happens only with clarity of thought. The second being, between his job at GE and an offer of an entrepreneurial venture where he ended up choosing his corporate job because he had promised himself to work for ten years in the corporate sector and learn maximum skills that he possibly could. Then he chose insurance sector as his area of work , realizing his capability and interest. He started a BPO which dealt in health insurance and he saw that about 80% of his ideas did not actually materialize. This is when he realized that no business decisions are taken overnight. It is a journey. One can make strategic shifts , which requires detailed planning. Then he moved on to share some of the key rules of business which he has learnt over the years. Rules like knowing the importance of : finance in business (finance being the language of business), building network before plunging into business, combination of low cost strategy with high productivity.
The session concluded with an informative question-answer session. Mr. Amit Pandey clarified all the doubts of the students patiently leaving the students enriched with various insights of business specifically entrepreneurship and life itself.

BUSINESS-“PROFIT MAKING OR SPREADING HAPPINESS” : My Journey with Yogi

Disclaimer This post contains a plethora of instances and events written that are factual and are based upon the experience and actions of a philanthrophist social entrepreneur Mr.Yogi.The links of the video provided can leave your eyes teary.The post has tremendous potential to change the mindset with which people generally interpret the word “business”

“Businesses need a heart more than finance to run, provided the motive is not to sell tangible products but to spread intangible yet most valuable product HAPPINESS”.
The arena of IWSB got enlightened to have had Mr.Yogi who shared his noble thoughts, beliefs, practices, deeds in form of a short video followed by the question-answer session. It was really something bizarre that only a handful of questions were raised by the students,because for that moment everyone was drowned in the pool of sympathy for that chunk of below-poverty line population. This guest-lecture has left each one of us motivated and wired to render our services for those who really need them. This lecture has changed mindset of many of us and showed us the path to self-realisation.

About Yogi Yogendra or “Yogi” briefly studied Architecture at IIT, Kharagpur (inspired by Howard Roark in “The Fountainhead”) before switching to a five-year sojourn at St. Stephen’s College, Delhi where he majored in History. He dabbled in International Relations in California, taught English and History at the Doon School and Mayo College (in between games of squash and sets of tennis) before doing Research in Education at the University of Cambridge and, subsequently, at the University of London where he submitted a dissertation on “Education in a Rural Environment – A Blueprint for India.”

Awards and Distinctions

Honourable Mention in
“Outstanding People of the 20th Century”

“2000 Outstanding Intellectuals of the 20th Century”

Five Hundred Leaders of Influence

Marquis Who’s Who in the World, 1999 and 2000 (Yogendra Durlabhji is a
subject of biographical record in Who’s Who in the World, inclusion in which is limited to those individuals who have demonstrated outstanding achievement in their own fields of endeavour and who have, thereby, contributed significantly to the betterment of contemporary society.– Citation)

Who’s Who in the 21st Century

The First Five Hundred at the New Millennium

2002-2003 Who’s Who in Finance and Industry,

The International Biographical Centre Living Legends

2002-2003 International Peace Prize –

2002 President, TiE, Jaipur (a part of TiE Global, Silicon Valley, USA)

1998-99 Chairman, CII National Committee on Sports

1997-98 CII-Chairman, Rajasthan State Council

1977-78 “Sportsman of the Year” (Churchill College, University of Cambridge)

1972 “Man of the Year” (St. Stephen’s College, Delhi); the David Raja Ram Prize for “displaying habits of regular work, interest and some performance in outdoor games, devotion to study and selfless service.”
Special citation by Shri S.C. Sircar, Principal, St. Stephen’s College: “Yogendra is one of the best products of St. Stephen’s College in recent years. He has combined high standards of academic achievements with equal rank in the world of sport. He has developed a sense of responsibility and commitment which has earned him the respect of his teachers and fellow students.”

1971-72 Vice-President of Games and Sports, St.Stephen’s College, Delhi

1970 The Kishan Prashad Memorial Prize for “steady interest in extracurricular activities, particularly in sports, combined with a reasonable standard of ability and attainment in studies” – St. Stephen’s College, Delhi

Summary of his lecture Yogi runs the famous Santobka Durlabhji Memorial Hospital(SDMH) in Jaipur and couple of sister non-profit organizations in education and health sector mainly operating in remote areas of Rajasthan. He mainly mulls over the key issues that are related to social entrepreneurship. He is running this organization which was headed by his father late Padamshri Khailshanker Durlabhji,alias “Emerald-King”. His main motive behind running this organization even after bearing losses since inception is to “Create Happiness”. As he moved ahead with time ,he found that their were so many people who were not even able to commute from near-by slums on account of the fact that they even can’t bear the bus-ticket of 15 bucks. Keeping this problem and challenge in mind, he introduced a new concept ,what he calls an “outreach program” in which the doctors and other staff use to go in those slum areas and treat the patients for a very nominal fee of 10 and 30 bucks depending upon the peculiarity of cases. What’s more, his boundaries of generosity are sky-high, he never confined himself to the health sector but expanded in each and every possible sector one can think of , like education, sports, recreational centres to name a few in rural area. His hospital has treated many patients free of cost, hence setting a classic example in front of world’s leaders to follow. He very firmly if not obstinately believes that one needs a good heart, a compassion ,an instinct ,rest everything come automatically with time to run a business. He is in process of giving frequent visits in slums nearby Jaipur and often the condition of patients brings tears in his eyes which he takes as a challenge for himself for spreading happiness in each and every possible way.

Spark that keeps Yogi dedicated to render his services in this noble cause

The force, energy, enthusiasm that keeps Yogi attached with this generous cause is the last line his father said to him, ”Always try to fulfil your basic needs, don’t ever dare to think about accomplishing your wishes”. His father since starting mulled over the well-being of poor and took decision only after putting himself in shoes of the people who were below poverty line which can be best proved in this, once his elder brother asked his father to increase the consultation-fee and his father replied “Even if you want to dear it by a single buck ,I wont come in this hospital from tomorrow”, While lying on the death-bed his father asked him and brother to promise him that after him they will not make profit out of this noble cause.

Replies to some of the question rose
1. What was the main cause that drove you towards this sector?

Once a peon came to me and his child’s condition was deteriorating, the chances of survival were just 5%. I somehow managed doctors and all the necessary components but even the doctors told me that the chances of survival of this child were very less. It was for the first time I shouted on someone and admonished that doctor that I want this child alive by hook or by crook. For the next 9 days doctor treated that child and for that period I didn’t even went to my home for meals. On the 9th day, doctor got succeeded in saving the life of that child. That peon came to me and put his turban in my feet which was something I had never expected because it was like putting his whole respect in my feet. That very incident molded my thinking and drove me to this sector.

2. How you manage to get funds?

Funds have been never a constraint for me; so many friends and acquaintances just by hearing that I am involved in this cause donated a large sum of money. Mr.Deshmukh (Member,Advisory Board ,Barack Obama) put forward a donation of 1 million $ after getting impressed by what he called the wonderful business model but I refused by saying that I have enough funds and please don’t spoil me and my organization with such a big amount.

3. What are your future plans?

Long term development of rural areas

4. What are your main beliefs?

Try to do Small things at small intervals
Good work is more about heart as compared to finance
Have a heart, compassion and address problems of mass

5. Initial challenges faced in terms of winning people’s trust and building positive image in society

Due to goodwill of my family and hospital was also in operation for years,so I didn’t face any problem in this regard,in early stages of outreach program I and my team didn’t have any idea,blue-print,line of action to work upon but just a heart,an instinct and a passion to follow.

6 .Work culture

For the starting 2 years I allow employee to work in their own way then after this period as they become known to the market, expectations of target audience, I make them work by amalgamating the vision of the organization in their each and every action and practice.

“IWSB PROUDLY SALUTES THIS PHILANTHROPIC AND NOBLE SPIRIT” …………

VIDEOS OF OUTREACH PROGRAM

Avinash Johri

MY LEARNINGS

Latika at IWSB

Today, we had a wonderful session. Entire batch of pg11 and pg12 spent time with Latika Khaneja. She is an extremely Inpirational lady and I learned many things from her.

She shared with us about her journey and how she aspired to become an entrepreneur. She informed that family support is extremely essential for any one, especially if a lady wanted to be an entrepreneur in her life. I got to learn from her regarding the business of celebrity management and the challenges that are present in her business. she explained the topic very well and connected it with the relevance of present business scenario and sports.

She spent around 90 minutes in our campus but left a significant teaching for all of us. As a management student we should have overall knowledge regarding every subject so we utilize this session knowledge practically in our real life too. My learning was that we should think big and go ahead in achieving our objectives of life. That is where real pleasure of life lies.

Thanks Latika………

Latika’s session – Syed Inam

Latika at IWSB

Today, we had interaction with Latika Khaneja, who according to Economic Times is Indian’s Jerry Maguire. she was such an inspiring personality and I feel lucky enough to know about her in detail. She spent around two hours at campus which was more than enough, keeping her busy schedule in view.

For budding entrepreneurs of IWSB, it was a much needed session. She shared her thoughts vividly and showed the path how one can achieve his/her goal in those fields which we are yet to explore. Although, I felt that her path was a bit smoother than the one on which Mr Girish Batra (Chairman and MD, NetAmbit, who was in the campus last week) had trodden down. She had got family support in pursuing her career. I gathered that how calculated risks can make you successful. For her every day might be a new challenge as it is for most of us, but the difference she made is that she is daring enough to face them. The session was interactive, as lot of questions were asked about her business. she talked about how she got started and how her company is running. I came to know that faith, trust and sometimes speculations are part of her business.

Miss Latika is known to be woman behind the success and fame of many players especially Virender Sehwag, whom she manages. According to her, ” my business is not to promote a player but to create a brand, who is known to all households by the time he is successful”. Although she had confined her business to cricket players only, reason being cricket is cash rich sport as compared to other sports of India.

I voice recorded the whole of her session on my mobile as i did in the last session of Mr. Girish. In addition to presence of miss latika, Sreeni and Satya (chairman,iwsb) were present there. I was expecting that Satya may share more of his thoughts as this was first interaction in the class with him as an IWSBian, so that we could imbibe more knowledge. Nevertheless it was a nice learning session.

syed inam

My learning from the entrepreneurial session with Girish

The interaction with Girish Batra was very meaningful. I came to know so many things from him about the consumers behavior, market strategies, planning, management and the most important thing is that, one of my preconceived notion was removed. I thought that the distributors and intermediaries between the consumers and manufacturer increase the cost of the product because they take some amount of benefit which increases the cost of the product. But when Girish told us about the market structure and reasons why manufacturers can’t make direct contact with the consumers.

One of the main thing that I came to know when he told that large part of Indian market living in tier2, tier3 and tier 4 cities and people living in these cities have greater demand for products.

When he talked about the organization, then one of the most important thing he told that managing people in an organization is a very difficult task and you have to communicate regularly so that they don’t feel discouraged. The whole funda behind the success of an organization is control. A good manager is, who can control all the activities of an organization.

One good thing he told about NetAmbit is it’s open culture. If a person is in a problem or he/she wants some suggestions so he/she can talk with any body at any point of time. There is no hierarchy in NetAmbit. In an open culture environment a worker feels comfortable while doing work or performing a task. In today’s perspective, many organizations adopt the strategy of putting employee interest first and consumer second, because if employees are not happy with work then they leave the work which can be harmful for an organization as I studied in organization behavior.

One interesting thing he told that don’t depend on books every time because entrepreneurship is not about reading books but to implement the things which you learnt from books. So there must be practicality in you while working in an organization or working as an entrepreneur. Entrepreneurship is not only about to make a plan but also implement it very carefully. It is the fact that to execute a plan is more difficult than to make a strategy. When I asked from him that how you retain your consumers to purchase products from you. He said that we are in continuous contact with the customers to sort out their problems. That’s why they will come again to purchase the product from your shop. It was a great learning experience and i request Sreeni sir that please keep calling such entrepreneur so that we can learn new things time to time.

Thanks,

Sumit Mangal