WEmatter

Interview with #PeopleLeaders #5

In our last Episode of Interview with People Leaders: Ravi Saxena, shared three most essential elements- out of his own experience- to advice the young professionals as well as early stage startups.

According to him, Entrepreneurship is to:

-have a sense of Purpose & Ownership

-using your as well as investors' capital wisely

-keeping the spirit alive in the organization in all times.

It was indeed inspiring to listen to Ravi Saxena pour his heart out in this interview. It will influence many young minds and drive them towards success while keeping this pivotal advice in the base of their plans. 

Thank you for listening to our Season 2 of Interview with People Leaders, and stay tuned for even more engaging content! 

About us:   TheOther 2 Thirds Consulting LLP, Employee Engagement & Well-Being consulting firm, founded by an alumnus of IIM Ahmedabad, Prashant Srivastava (ex-CEO of Gallup and ex-Partner of Aon Hewitt). Our purpose is to elevate human life and enhance business performance.

Our vision for 2025 is to help transform 1000 companies in Asia and enable them to achieve multifold growth through strategic leadership and human capital interventions. 

Follow our founder: LinkedIn: https://www.linkedin.com/in/prashantb... 

Facebook: https://www.facebook.com/PrashantBKS/ 

Follow our company pages: LinkedIn: https://www.linkedin.com/company/theo... 

Facebook: https://www.facebook.com/TheOther2Thi... 

Website: https://www.theother2thirds.net/

Interview with #PeopleLeaders #4

According to Rebecca Henderson, the John and Natty McArthur University Professor at Harvard Business School,

"The sense of being part of something greater than yourself can lead to high levels of engagement, high levels of creativity and the willingness to partner across functional and product boundaries within a company, which are hugely powerful."

In our Fourth episode of Interview with People Leaders: Ravi Saxena shares with us the crucial role Purpose plays in motivating and aligning people with the Vision of the organization and leading towards their progress.

"The Vision may be manifested differently for every person, the Purpose has to be the same."- Ravi Saxena

When we asked Ravi whether Purpose has played a role in bringing people together, he shared with us his views on Vision, Mission and Purpose and their significance in building and bringing people together in Wonderchef. 

Ravi also talked about the motivating factors that inspired him to chuck a very flourishing career and start off with a full time entrepreneurship. He took us back 10 years ago and shared with us how and when his journey started, what were the hurdles and the accomplishments.

According to Ravi, the two main factors that inspired him were:

Freedom of Expression &, Building Equity Value for himself, his partners and employees rather than for somebody else. 

How has your organization managed to bring its people together? What are the factors that inspire you towards a your new journey?

Interview with #PeopleLeaders #3

The most essential responsibility of a Leader in any organization is to 'Listen' to the ideas of their teams, as listening is a great skill which leads to accomplishments. According to Ravi, if one listens to what their team has to say and what their customers require those can be pivotal elements in understanding and creating effective business strategies. 

"Without the People nothing can be achieved in any Business."- Ravi Saxena 

Employee engagement is about how to achieve a company’s strategic goals by creating the conditions for human resources to thrive and, for each staff member, manager and executive to be fully switched on in their jobs so as to deliver their best efforts in the best interest of the business.

In our Third Episode of Interview with People Leaders: Ravi Saxena, shared with us the crucial roles that his teams play in building their business towards success. 

When we asked his secret behind keeping employees engaged, Ravi shared with us few essential ingredients of his secret sauce. 

"A Leader should know what he is talking about."- Ravi Saxena 

The significant factors of the secret behind Ravi Saxena's employee engagement are: 

Passion- Believing in oneself,

Planning ahead- Making foundational plans ahead of Business.

Organizational Culture- According to him, people change because of the organizational culture that their supervisors possess,

that is one of the crucial factor which influences people and keeps them aligned with the organization. 

How does your team contribute in building the Business? What is your secret of your organization to keep employees engaged?

"When the times are toughest that is when Great businesses are formed". - Ravi Saxena

In our Season 2 Episode 2 Audio Series of Interview with People Leaders: Ravi Saxena, while talking with us about the Business map of Wonderchef Home Appliances Pvt. Ltd. five years from now, Ravi shared with us some adventures that Wonderchef experienced during its journey. According to him, today in these difficult times where we are faced with multiple challenges Wonderchef is determined to grow ahead with passion while maintaining the spirit of startup.

Click on the link to listen to how has been the journey of Wonderchef and what are its future plans.

#InterviewwithPeopleLeaders

In the fourth episode KV Srinivasan while pointing out his views regarding the base of his plan says- 

Fixing Purpose & Focus should be the priority of the organization.

When all the Visions, Missions and Values are fixed and focused they are embedded into the characteristics of the organization wherein Culture is shaped accordingly. And then it evolves itself to become self-sustaining in the longer run.

Lastly, KV Srinivasan shares the secret to his success adopted from the Upanishads - 'Self-learning'.

He advises the Next generation Leaders:

-to focus on the primary principles,

-to ensure constant reflection upon oneself and staying humble in the halls of successes, and

-to incorporate two way communication in the team to exchange ideas for emerging innovation.

#PeopleLeaders #KVSrinivasan #ProfectusCapital

KV Srinivasan shares the 7 year plan laid out by Profectus Capital.

Their main aim is to clearly define Leadership in terms of Thought Leadership in order to become a number one choice in terms of financing SMEs.

They aim to be in the Top 50 NBFCs in the Country.

In the next question KV Srinivasan describes what Partner in Progress actually means and its significant factors.

According to him, "The Essence of being Partner in Progress is to have Customer's Interest as the central piece in the entire business strategy".

He also emphasizes upon the most basic yet extremely relevant and the key enablers of building a business defined by Thought Leadership in order to achieve the essence of being Partner in Progress.

#PeopleLeaders #KVSrinivasan #ProfectusCapital

In our 2nd Episode of Interview with People Leaders,

KV Srinivasan talks about how, with the help of Employee Engagement and People Orientation, he managed to achieve his set goals and achievements. Employees whose voices are heard, feel valued, enjoy coming to work and ultimately do a better job. Efficiency improves. Companies find loyalty grows in people-oriented leadership styles. The work environment becomes friendlier and more pleasant for everyone. A business is only as good as its employees, by focusing on elements such as empathy, praise, recognition, and positivity, meaningful company culture can be cultivated.

When I asked KV Srinivasan how was he able to manage and accomplish building Profectus Capital and all the achievements;

He shared with us his simple yet essential formula:

1. Focus upon the Basics

2. Focus more on laying the foundation stone of business, especially in terms of getting the processes, the people, and the culture, etc.

3. Fining Vision, Mission & Values while building the team around those value systems, for longer run.

He emphasized on the importance of laying the foundation of business first as a very strong foundation stone is the crucial part of setting up any business.

KV Srinivasan shared with us the most crucial elements of building and managing business-

Vision, Mission and the Guiding Principles on which Profectus Capital is based upon:

Vision: Clearly focused upon SMEs as focus area, their vision is to be a partner in progress for SMEs in India.

Mission: To return outstanding value to the Stakeholders, Employees, Customers, etc.

Guiding Principles: Based upon 5 Core Values

-Responsibility

-Integrity

-Empathy

-Innovation

-Transparency.

These value systems are completely imbibed by each and every individual. Their mantra of building an organization is to clearly stay focused on the Customer base, Vision & the Value systems.

#PeopleLeaders #KVSrinivasan #ProfectusCapital

#PeopleLeaders - KV Srinivasan   "Difference between a good company and a bad company is essentially the quality and the commitment of its people." - KV Srinivasan 

So, What does it take for a company to succeed when all other factors are at par?

It’s PEOPLE.  No matter what business you’re in, the human element is omnipresent. The people in your company will ultimately determine the success or failure of the business. Your people are the most important asset! Engaged Employees can improve profitability by up to 21%.  In conversation with KV Srinivasan who managed to raise $220 million within a year of founding Profectus Capital, a non-banking finance company and headed Reliance Commercial Finance for nearly a decade.

When I asked KV Srinivasan, CEO, Profectus Captial, how he managed to create an atmosphere where people are self-motivated and enjoy challenges at work, he emphasized two points: 

1. Empower your employees by providing them elbow room to make their own decisions this in turn will increase their innovation and productivity. 

2. The extent of Communication has to be very strong and transparent. Even during difficult times, if the leaders are seen to be impartial and neutral, and are able to convey the importance of the company’s survival as the only goal that itself is a source of inspiration for the employees. 

None of these things can be implemented overnight. It takes time to develop trust and company culture. Invest the time and effort to make your company the best employer ever and it will pay off.

#PeopleLeaders #KVSrinivasan #ProfectusCapital

After the overwhelming response from our first video series, "12 ways to Embrace Engagement".  The Other 2 Thirds team brings to you a brand new video series "Interview with People Leaders" where leaders from different organizations and industries will share their experiences and advise professionals how they can create a people-friendly and highly productive environment within their firm. 

Our first interviewee is none other than Mr. KV Srinivasan, an IIM-A Alumnus and founder & CEO of Profectus Capital Pvt Ltd. It has joined the list of systemically important NBFC of RBI and has received $220 million funding from Actis. Stay tuned to hear from KV Srinivasan on his experiments with employee engagement and value enhancement over next few days.

#PeopleLeaders #KVSrinivasan #ProfectusCapital

The legal industry has faced a significant change in recent times, which has impacted the delivery of legal services and business models —all against a backdrop of unprecedented uncertainty created by the pandemic. As the pandemic settles down and the REVIVAL begins, new opportunities will emerge along with new ways to work. This webinar will be of great help to all the young lawyers and the students to understand the tenets of new normal from the prominent leaders of the legal industry.  

Meet our esteemed panelist: Amar Sinhji (Executive Director at Khaitan & Co.), N R Jaynarayanan (CEO at IndusLaw), Padmini Rathore (CEO at DSK Legal), Anupriya Anand (Head HR at Cyril Amarchand Mangaldas), and Rajiv Maheshwari (CEO at Anand and Anand).  

About us:   

TheOther 2 Thirds Consulting LLP, Employee Engagement & Well-Being consulting firm, founded by an alumnus of IIM Ahmedabad, Prashant Srivastava (ex-CEO of Gallup and ex-Partner of Aon Hewitt). Our purpose is to elevate human life and enhance business performance. Our vision for 2025 is to help transform 1000 companies in Asia and enable them to achieve multifold growth through strategic leadership and human capital interventions. Watch the Full Webinar on Youtube: https://youtu.be/5iO4_SIQRPM

Follow our founder: 

LinkedIn: https://www.linkedin.com/in/prashantb...

Facebook: https://www.facebook.com/PrashantBKS/  

Youtube: https://www.youtube.com/channel/UC_MqwMi4rXJpPn62OBRphnA?view_as=subscriber

Follow our company pages: 

LinkedIn https://www.linkedin.com/company/theo...

Facebook: https://www.facebook.com/TheOther2Thi...

Website: https://www.theother2thirds.net/