Difference between male and female entrepreneur-NEIM
Topic: Difference Between Male and Female
Submitted to: Prof. Vijendra Gupta
An individual who, rather than working as an employee, runs a small
business and assumes all the risk and reward of a given business
venture, idea, or good or service offered for sale. The entrepreneur is
commonly seen as a business leader and innovator of new ideas
and business processes.
About Indra Nooyi
Earned her Bachelor’s in physics, chemistry and mathematics from
Madras Christian College in 1974. MBA, IIM-Calcutta, 1976. Master
of Public and Private Management, Yale University, 1980
Married to Raj Nooyi; has two daughters, Preetha and Tara Earned
$12.6 million last year.
Indra K. Nooyi is the president and chief financial officer of PepsiCo. Best
known for its Pepsi soft drinks.
The international powerhouse that Nooyi oversees is actually one of the
world's largest snack-food companies. It makes and sells dozens of other
products, including Doritos-brand chips, the Tropicana juice line, and
Quaker Oats cereals
Typical characteristics of Indra Nooyi
Nooyi is one of the top female executives in the United States, and is also
believed to be the highest-ranking woman of Indian heritage in corporate
Nature of Indra Nooyi
Nooyi is fully aware of the company’s bottom line but she is also
focused on operating a business that has a positive impact on
“Performance with purpose approach”-Human sustainability,
environmental sustainability and workforce development
“Aspiring CEOs have to understand they are signing up for a lot more
than CEOs did in the 1970s, 1980s, 1990s, and even four or five
years ago,” she said in the interview.
Titbits of her advice
Focus on the long term: Nooyi stated the notion of focusing on
short-term earnings is a thing of the past.
Think globally and act locally: Businesses that have customers in
different markets across the world need to tailor products, business
models, and people practices to each market.
Become more open-minded: CEOs have to become learning
CEOs, she said. They need to continue to adopt the next leadership
principles and learn about technology and the younger generations.
Develop emotional intelligence: Nooyi is an advocate of emotional
intelligence. She said the way to hold on to employees is by hooking
them emotionally to the job, through the company’s business model
and what it stands for.
“Higher education stands for
humanism and for adventure of
ideas through constant research. If
these functions are performed well,
then it is well with the nation and the
About Karsanbhai Patel
Karsanbhai Khodidas was born in 1945, in Ruppur village in north
Gujarat in a family of farmers. He graduated in Chemistry at the age
of 21. Initially, he worked as a lab technician and later served the
Nirma was made of an innovative formulation, which global detergent
giants were later on compelled to emulate, it was phosphate free and
hence environment friendly, and the process of manufacturing was
labor intensive, which offered large scale employment.
Recognition of Nirma
9th among top FMCG brands in India, (A&M- Mode2002)
Selected as the super brand of the country for 200304
Most popular brands in the Detergent PowdersEconomy category (FMCG awards 2003)
Focus of Karsanbhai
Cost reduction strategies to cement the slot for Nirma in
Nirma adopted backward integration strategy while
introducing latest technology to its production facilities to
offer a better product at a reasonable price.
Nirma’s good efforts
Nirma Education & Research Foundation (NERF) in the
year 1994 for the purpose of running various educational
It has also set up Nirma labs, which prepares aspiring
entrepreneurs to effectively face the different business
It runs Nirma Memorial Trust, Nirma Foundation and
Chanasma Ruppur Gram Vikas Trust as a part of their
effort as a socially responsible corporate citizen. It also
owns Nirma University.
The Federation of Association of Small Scale Industries
of India, New Delhi, awarded him with the ‘Udyog Ratna’
The Gujarat Chamber of Commerce felicitated him as an
'Outstanding Industrialist of the Eighties'.
The Govt. of India twice appointed him Chairman of the
Development Council for Oils, Soaps & Detergents.
Karsanbhai was awarded an “Honorary Doctorate” by
Florida Atlantic University, recognizing his exceptional
entrepreneurial and philanthropic accomplishments.
Achievement of Nirma
The company that was started in 1969 with just one man,
who used to deliver his product from one house to the
other, today employs around 14 thousand people and
has a turnover of more than $ 500 million. In 2004
Nirma’s annual sales were as high as 800000 tones.
According to Forbes in 2005 Karsanbhai Patel’s net
worth was $ 640 million.
Difference between Male and Female Entrepreneur
Mr. Karsanbhai Patel is not
as educated as he only
possesses a degree of
Karsanbhai Patel owner of
Nirma Co. started his own
firm and brought his Co. to
a good height with his
Hence, he is more
as compared to Indra
While, Indra Nooyi is a
Bachelor in Physics,
Mathematics & MBA
from IIM Calcutta.
While Indra Nooyi has
not started her own firm
and she is the president
and chief financial officer
Difference between Male and Female
3. Karsanbhai Patel is quite
dedicated and sound
entrepreneur. He does not mix
business with pleasure.
4. Karsanbhai Patel, having
employees around 14000 and
turnover of more than $500
million is not emotionally sound.
He is quite strict when it comes
5. Karsanbhai Patel, who does not
possess marketing degree but
dominates Indra Nooyi by his
3. While Indra Nooyi is quite a
jolly kind of a person as she
does various things to entertain
herself at office hours i.e. she
will sing in the hall and
sometimes she will walk in the
office with her bare foot.
4. While Indra Nooyi sounds
emotional when it comes to
behave with her employees in
5. While Indra Nooyi possesses
sound marketing degree.
Generally, men don’t do networking. They call it
mateship. Whereas, With women, networking seems to
be more about building relationships and establishing a
Men have stronger growth plans as compared to
Females are more financially conservative but that
follows on from the fact they usually don’t have the big
dreams about massive growth that men do