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Showing posts from June, 2012

The Woman Behind the Security Service

The Hindu has a profile of the woman entrepreneur, G. Sree Vidhya, behind Ravindra Services Pvt. Ltd, the company which operates Dgroup Security Force and facilities management firm Dialtone Hotline Services.
Dgroup Security Force was founded by her mentor, friend and business associate Ravindra Padmanabhan in 1992 and she had a hand in the decision. Until then, the duo was running facility management services under the name Dialtone Hotline Services, which continued to exist alongside the new business. Dr. Padmanabhan passed away in 2001 in a road accident and Sree Vidhya bought out the company in 2003 and named it Ravindra Services Pvt. Ltd (RSPL), after the founder. Dgroup Security Force and Dialtone Hotline Services function as the brands of the RSPL Group. The group also provides temporary staffing services. RSPL Group has over 3,000 workers on its rolls and boasts many corporate clients.

...“Avoid false promises” is another must in her book. When Dgroup Security Force was in its …

Harsh Mariwala launches entrepreneur mentoring foundation Ascent

To start with Mumbai- & Pune-based entrepreneursAn entrepreneur’s journey is always an exciting one. But it can often be along a testing and lonely path. Harsh Mariwala has steered Marico to grow in sales from Rs. 40 lac in 1971 to Rs. 4,000 crore today. He understands the challenges one faces while growing an enterprise. And that is why he has launched a new idea- ASCENT- Accelerating the SCaling up of ENTerprises. Ascent seeks to identify entrepreneurs with potential and enable them in their growth journey.Ascent is a non-profit entity expression of Harsh Mariwala's personal social responsibility towards entrepreneurs. Harsh Mariwala bears all expenses for ASCENT personally.ASCENT offers a unique and powerful ‘self-help” platform through the formation of TRUST GROUPS of 10 Entrepreneurs each. Each Trust Group will comprise non-competitive, diverse groups of entrepreneurs. We aim to start with 10 TRUST groups in Mumbai and Pune, and over the next few years scale …

Worm's-Eye View or Bird's-Eye View? Management by "Zooming"

From a HBR article on the need for managers to be able to both Zoom-in (be Detail Oriented) and also Zoom-out (be Big Picture guys).

Close-in managers look for immediate benefits and make ad hoc decisions. They often favor one-on-one conversations over group meetings. They want to address details by doing whatever occurs to them. Faced with a problem, they look for quick fixes rather than stand back to seek underlying causes, alternatives, or long-term solutions. They prefer to contact someone they know rather than search more widely for expertise. These tendencies are exacerbated in organizations that restrict information flow, reward quick hits, and confine people to their roles.

...The former CEO of Garanti Bank, Akin Ongor, led it from a middle-of-the-road bank in Turkey to global prominence by setting up processes that replaced poor performers and upgraded talent. When his announcement of layoffs provoked union protests and even death threats, Ongor refused to take the attacks pers…

Managing like a Duck and other Startup CEO Traits

From a guest post on OnStartups by Paul DeJoe, founder at Ecquire.
...You start to respect the Duck. Paddle like hell under the water and be smooth and calm on top where everyone can see you. You learn the hard way that if you lose your cool you lose.

...You begin to see how valuable creativity is and that you must think differently not only to win, but to see the biggest opportunities. You recognize you get your best ideas when you're not staring at a screen. You see immediate returns on healthy distractions.

...Your job is to create a vision, a culture, to get the right people on the bus and to inspire. When you look around at a team that believes in the vision as much as you do and trusts you will do the right thing all the time, it's a feeling that can't be explained. The exponential productivity from great people will always amaze you. It's why finding the right team is the most difficult thing you will do but the most important. This learning will affect your life s…