Tuesday, December 19, 2006

Ecosystem India

ECO SYSTEM

$2 bn in 500 startup IT cos in India in 2000 all failures.

Reasons- bubble, Eco system

Serial Entrepreneur

50% of Indians are self employed.

50% of US exports come from companies which employee less than 50 people.

Journey from 1700

India = China = Europe = 25% of world trade

India China Europe

Because of British Raj, India’s self confidence was low.

Licence Raj low quality

Foreign funds are being leverages by Indian companies

Today Sunil Mittal can compete with Hutch

TATA buyin company 4 times its size.

BPO is only 0.2% of all transaction so a lot of scope still there in this sector as 99.8% is still unexplored

1/3 of IT exports are from BPO today

Indian issues

IPR will be difficult in next 5 yrs

Regulatory Issues

Create environment of Entrep’ in India

US students find something big wannna earn money out of it

India students write technical papers and wanna do PhD

US China in 1980s

Low cost advantage produces here and sells in US

US India – Indian entrep are working

Indian people are not bad, great quality but there is a gap.

Services – skills of people required

Manufacturing – No skills required as skill are embedded in machine.

Services in India 52% in GDP don’t go by the name as there is high value added work and low end work too like housekeeping

In India IT companies are doing great –

  • Wellingness to acquire overseas firms to support Indian operations
  • Relentless mgmt experimentation to achieve successful coordination
  • Returning NRIs to make global firms.

Foreign MNC are like subjects of big empire, they will look towards HO for decision rather then market.

India don’t lag talent but execution

70-80s bodyshopping in India and work abroad but trend changing now.

China has a poor IP capacity

VC only new venture of large size

Angel investor can invest in low investment companies too

PE only existing companies

Low collaboration between industry and colleges.

Tipping point for Indian companies was reached in 2000

Learning to be an Entrepreneur

these are few extracts from the event.. not for u people only for me ;)

Vision should be dynamic

Entrep is a journey not destiny like tourist Vs traveler

EVA vs JVA

As an entrep’ you need to have the ‘technical edge’… the idea is not very difficult to replicate but its difficult to replicate the edge.

Eg – Shabbir Bhatia

As a consumer think about a problem, then as a entrepre’ think about the solution – u will get ten ideas.

Out of box thinking – marketing for free by exchange like workshop on pagalguy & S chand co

Delight your customer - so something the customer says WOW, workshop does

Don’t beg to customers to come to you. Make the product such that customers come to u

Industrial revolution

Agricultural Rev

Knowledge Rev

Three things reqd

Passion and obsession for work – following your heart

Mistakes are like slaps learn from them

Getting right people who can handle the bait in this relay race – like minded people

In India its illegal to be creative, fax was illegal in 1984

Rajiv Sawant (SULA WINES)

You have 1 life, do what you wanna do from it

I Learned from college and taking a piece of it with me for lifetime

Mango > Tomato > Roses & Pea nuts > SULA

Learning is about people, customers

Its all about asking the right question

– why grapes

- why workshop

its a lot of stress work, mad work one needs yoga to keep nerves

huge change in India from last 5-6 yrs

I am not following Bill gates, I am just experiencing this journey

In a startup

focus on quality,

step by step grow

give back to society / community

maybe I give workshop to jb

learnings from MBA

here in jb I learned what is called true education

understood the value of education

  • question authority
  • you can make a difference
  • difference is about attitude

Greed is god – can be money for some, status for some.

Its like relay race, you have to pass on the bait, don’t get emotional and keep running because A u cant get too far B the person may never comeback

First know your CORE then EXPLORE

It’s a very high cost to buy a wrong person

Mr Narayan Murti

Middle class people value trust more than anything, my father’s only asset is his credibility

Merge personal life with profession, there is no separation.

Instincts comes if u consider ur job / business as ur child

Leadership is always about lonely, u have to make decision yourself

Business is like marathon, you have to run alone people will be there around you just to cheer u.

After retirement give back to society

Wants youth to run the business and lead the country

Business is like a canvas, its easier to give final touch to a painting but very difficult to make painting out of canvas

Canvas is what u have, paint what u want in life

Murti gets nervous tooooo

People are same in business and personal life no difference,

There is nothing like business ethics, personal values become your business ethics

Value system is seen at difficult times.

Failures:

Must be a market to value your idea. Market should be ready for idea.

Team with enduring value system, mutually exclusive and collectively exhaustive

Nandan – sales

Raghvan HR

Shiv Project Management

Chris Tech

Murti Finance

Recruit – LEARNABILITY is very important


Nothing grey all black or white


Walking out of GE their major client 25% of top line and 8% of bottomline


When child is ill parents don’t do hue n cry but be calm and patient


Its all about courage


Children whats to see role models show them.. I am a role model for students


All people need respect and hav a self respect


Success Mantra

Think yourself globally

Create an environment of openness and ideas Meritocracy + Speed + Excellence

Endure a Value System

India is going to have a great story

India has huge market potential.

Indian exports are 11% of GDP as compared to other BRIC 30%

Middle class consumers huge

Young India as most of Indians are under 29 yrs

TiE Event

TiE event…

It had been a dream come true for me… all people whom we consider role models in professional life who had done it be there… the exhaustive list

K V Kamath

Narayan Murti

Nandan Nilekeni

Jerry Rao

Kidwani

Biyani

CK Prahalad

Vijay Malaya

Sameer Sood(google)

Vandana Luthera

-

-

-

And many more the list was endless. Also the good food and drinks ;)

Cheers!

Ravneet

Thursday, December 07, 2006

Is is Back to the sqaure one???

hi

yesterday, first time in my life ... i was facing an interview where i was not interested even if the Placement was in USA and 10Lacs during very first yr...

they were offering production profile... something i used to do years back and pledged when i left gammon that... i will not come back... after yesterday's interview... i am a bit down... many questions coming into my mind...

did i took the right decision when i took OPERATIONS?
Will i get a job in service industry?
Will i have to go back to production where i spent 2 yrs...?


next 1 month will clear all these doubts.... i dont know whats going to happen but surely know 1 thing.. i have a lot to do in these 30 days.. so that i dont regret later... i have to accept that i am feeling pressure building up in me to perform and also pushing from avneet to workhard...

i am able to see michael porter's 5 point model working on me.... ;) Companies, family, my internal, future and resume... are crushing me.. i have to do something before its too late...

going to make a time table for my next 30 days....

Sunday, September 03, 2006

Overloaded with projects....

the times seems to be good for me as i m getting wht i always wanted.... live projects to work on...

  • ICICI Bank - Cycle time redn for credit cards.
  • Welspun - Retail inventory management.
  • Strategym - Paper on Lean in projects.
  • Workshop for CAT

alsp trying to get something on ERP in Oil n Gas...

but me sleeping in room..

ravneet

Friday, September 01, 2006

Celebrations times... again

hi

it had been a dream come true to work for ICICI bank even if for an project.. and that also on cycle time reduction...

let me see what i can do.... though not paid for this but ICICI will carry a big brand name on my resume....

ravneet

Sunday, April 23, 2006

ACHIEVER'S WORKSHOP 22-23rd April, 2006

ACHIEVER'S WORKSHOP 22-23rd April, 2006

Final chance to meet last years' Achievers.....
hi all i m presenting here the final itinerary for the workshop to be conducted for Wellingkar and CET 2006...by:
1 CET 2005 RANK 1
2 CET 2005 RANK 3
3 CET 2005 RANK 4
4 CET 2005 RANK 13
5 IIT Bombay (HR)

Day 1: 22rd April, 2006
1. 2:30 - 3:00 Psychometric Testing (test + Analysis) by Avneet Bhatia IIT Bombay(HR)
2. 3:00-3:15 Analysis of Scores / Percentiles and All about MBA and JBIMS by Ravneet Gandhi (JBIMS rank 13)
3. 3:15-3:40 Basics of Economics by Ravneet Gandhi (JBIMS rank 13)
4. 3:40-4:00 All u wanna know about stock markets by Ravneet Gandhi (JBIMS rank 13)
5. 4:00-4:20 Management Game by Avneet Bhatia IIT Bombay(HR)Break
6. 4:30 - 5:00 Interview tactics by Harshvaradhana Rao (CET rank 4)
7. 5:00 - 5:30 Questions to answers in by Harshvaradhana Rao (CET rank 4)
8. 5:30 - 6:00 Overall view of CET GD/PI by Varun Khanna (CET rank 1)
Break
9. 6:10-7:00 Group Discussion Basics - by Gautam Sharma (CET rank 3)
10. 7:00 - 8:00 Analysis of GD - by Gautam Sharma (CET rank 3)
11. 8:00 - 9:00 GD Practice by Gautam Sharma (CET rank 3)

ps: (there will be 1 GD per head.. if time permits we can take 2 GDs per head)Break for the day

Day 2: 23rd April, 2006

5pm - 9 pm Personal Interviews by JBIMS students at J.S. Hall, Opp Sydneham College, Churchgate.

i think this is an exhaustive list and will be covering everything... anyhow we are open to ideas... if any one have any suggestion / improvement to this .... you are welcomeps: all JBIMS students are going for their summer projects by 25th May.... so please join the workshop to have the face to face interaction with the last year achievers...

TIME: 2:30 pm - 9pm
DATE: 22nd April, 2006 - 23rd april, 2006
VENUE: Xavier's Boys School, Opp Churchgate station.

for further information or registeration contact me at
Ravneet Gandhi
9820500380
ravneet_gandhi@yahoo.com

Saturday, April 15, 2006

Celebrations....



hi

i am writing this blog though my exams are going on.... my roomie is studying and me as usual waiting for getting into mood of studying...

i just happened to go through India's One day match victory against england and looked at these pics... and i remembered the days i cheered my victories.....

1. Getting into JBIMS me and avneet went beserk over the my getting into JBIMS...
2. My getting 4th in JBIMS 736/1000, i shouted in the College admin office..

well both moments were life time achievements.. but for me it looked like fake.... both the times i thought what is happening is not true... i was thinking that tomm new list will come without my name and new marksheet will come without my name at the top...


i dont know it happens to others but in my case it is true....

chalo see ya.. me going to sleep...

Thursday, March 16, 2006

Marching their way ahead.....

article: Beauty, Brain and Brawn.... i had written an article on army girls marching their way ahead a long back in college days probabally in 2001, describing the sucess story written by army girls right form Priyanka Chopra to my very own Avneet Bhatia.... they had proved their mattle....

i am back influenced by ET's article on learnings in management from the worlds' most professionaly run organizations...

1. Finesse under fire... they how how to manage their control in the testing time of stress.

2. Take Charge... this shows their responsibilty taking ability even if the stakes of loosing their life are tooo high ....

3. Learning lasts a life time.... during peace time u need to train harder, improve so that ppl n equipment dont fail during hour of reckoning....

4. Take pride in ur regiment... (new for me) once in the team work.. the leader should take pride in what his team is upto to keep the motivation going in the team.... well Arkss is a live example of it....