Monday, Jan 22 2018 | Time 05:53 Hrs(IST)
image
  • Pope warns Latin America about corruption, mentions Odebrecht
  • Will move court to get Kejriwal disqualified for appointing MLAs on officer of profit: Sirsa
  • Security Council to discuss Syria on Monday-French formin
  • Russia's Lavrov says 'unilateral actions' by U'S' in Syria made Turkey furious - report
  • Pence arrives in Israel on visit overshadowed by Trump's Jerusalem declaration
  • Tonga's bare-chested flagbearer qualifies for Pyeongchang
Business Economy Share

Only 25pc entrepreneurs have defined second line of management: ASCENT-EY

New Delhi, Nov 27 (UNI) Only 25 per cent entrepreneurs have a defined second line of management, according to an ASCENT-EY report titled ‘How ready are entrepreneurs for the journey of scalable growth?’
The report was released at the first experiential learning conclave, themed ‘Growth, Disruption, Entrepreneur’, hosted by ASCENT, a peer-to-peer platform for entrepreneurs.
The report was unveiled by Harsh Mariwala, Chairman, Marico Ltd. and Founder, ASCENT, and Uday Kotak, Executive Vice Chairman and Managing Director, Kotak Mahindra Bank and Pinakiranjan Mishra, Partner and National Leader, Retail and Consumer Products, EY.
Commenting on the report, Mr Mariwala said, “We are proud to partner with EY and hope that entrepreneurs across India, as well as globally can gain valuable insights from the report. For me, the biggest and most interesting take away is the fact that investment in different processes which support customer centricity, leadership planning and operational efficiency, has a multiplier effect on the business and provides disproportionately higher returns to the entrepreneur.”
The report aims to understand entrepreneurs’ readiness for scalable growth and the challenges they face in doing so across seven parameters – customer, leadership, people, operations, finance and transactions, risk management, and technology.
Pinakiranjan Mishra, Partner and National Leader, Retail and Consumer Products, EY added, “Entrepreneurs need to understand that achieving growth is not enough; it also needs to be scalable for long term sustainability and success. Amongst the seven drivers of the growth maturity model, they seem to be doing quite well in understanding customers and managing operations. Entrepreneurs will also need to focus on the other five drivers in order to be successful.”
UNI ADP RSA 1551
More News
India loses 4pc of GDP to malnutrition: ASSOCHAM-EY

India loses 4pc of GDP to malnutrition: ASSOCHAM-EY

21 Jan 2018 | 1:47 PM

New Delhi, Jan 21 (UNI) As Finance Minister Arun Jaitley is busy giving final touches to the Union Budget for 2018-19, an ASSOCHAM-EY joint paper has said that nearly four per cent of India’s GDP is estimated to have been lost due to malnutrition and certainly women and children deserve a better deal in expenditure outlay, since the country hosts 50 per cent of under-nourished children of the world and women and girl children fall last in the household food serving.

 Sharesee more..
‘Halwa Ceremony’ of Budget which makes 120 FinMin officials captive for 11 days

‘Halwa Ceremony’ of Budget which makes 120 FinMin officials captive for 11 days

21 Jan 2018 | 1:43 PM

New Delhi, Jan 21 (UNI) The 'Halwa Ceremony' is the event which indicates the start of the printing of the Budget documents to be presented in Parliament every year.

 Sharesee more..

Leeza Lifestyle launches 2 premium brands

20 Jan 2018 | 8:58 PM

New Delhi, Jan 20 (UNI) Pursuing the concept of “Make in India” policy of Prime Minister Narendra Modi and the NDA government at the Centre, Leeza Lifestyle Private Limited Company (LLPL), licensee organisation of KKCL - India’s largest branded apparel manufacturer- has launched their premium collection in India.

 Sharesee more..

IndiGo commences Colombo operations

20 Jan 2018 | 7:51 PM

New Delhi, Jan 20 (UNI) In its endeavour to strengthen its growing network, IndiGo, India’s largest and fastest growing carrier on Saturday commenced its operations in Colombo, Sri Lanka.

 Sharesee more..
ONGC acquires 51.11pc of Govt stake in HPCL

ONGC acquires 51.11pc of Govt stake in HPCL

20 Jan 2018 | 7:11 PM

New Delhi, Jan 20 (UNI) Oil and Natural Gas Corporation Ltd (ONGC), the largest producer of crude oil and natural gas in India, has acquired the President's shareholding of 51 point 11 per cent in Hindustan Petroleum Corporation Limited (HPCL) in furtherance of the budget announcement by the Government of India for creating an ‘oil major’ which will be able to match the performance of international and domestic private sector oil and gas companies.

 Sharesee more..
image