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Entrepreneurship

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Entrepreneurship

  1. 1. "Management is doing things right. Leadership is doing the right things."<br />-Peter Drucker<br />Entrepreneurship<br />VAYAN – Networking Group<br />Shantanu Bhadkamkar<br />
  2. 2. ENTREPRENEUR<br />
  3. 3. Practitioners Perspective<br />I May Have Lost A Lot For What I Am But What I Have Is Because Of What I Am<br />
  4. 4. Self Employed<br />Running Public Sector is like running a Boeing 747; whereas running MSME is like running a Fighter Jet.<br />One has a scheduled route with huge support of gadgets, data and support crew; other has uncertainty, risk, sole mission, stress of success of a sortie, little or no time to think and respond.<br />To be certain about something, one must know either too little or everything<br />
  5. 5. 21ST CENTURY<br />"Our youth now love luxury. They have bad manners, contempt for authority; they show disrespect for their elders and love chatter in place of exercise; they no longer rise when elders enter the room; they contradict their parents, chatter before company; gobble up their food and tyrannize their teachers." <br />— Socrates<br />300 BC<br />
  6. 6. TOO MANY BOSSESTOO FEW LEADERS<br />A lot Has been Written<br />You must have read or even written a lot<br />Theories will emerge & fade<br />Does reading create leaders?<br />Do Role Models Create Leaders<br />Foot Soldiers<br />Officer like Qualities<br />Mould(s) To Cast Leaders<br />When people told me I'd never make it, I listened to the one person who said I could: me<br />
  7. 7. Less Competition<br />My grandfather once told me that there were two kinds of people: those who do the work and those who take the credit. He told me to try to be in the first group; there was much less competition.<br />~ Indira Gandhi<br />"There are no secrets to success. It is the result of preparation, hard work and learning from failure."<br />~ Colin Powell<br />
  8. 8. LEADERSHIP PARADOX<br />
"They don't care how much you know until they know how much you care.” -Theodore Roosevelt<br />
  9. 9. Personal Experience<br />What does not kill you, will only make you stronger. <br />- Neitze<br />"Men often become what they believe themselves to be."  - Mahatma Gandhi<br />
  10. 10. Battalions Of Difficulties<br />
  11. 11. MILESTONES<br />Shantanu Bhadkamkar ATC<br />11<br />
  12. 12. HBS (Un)Learning<br />POLITICAL<br />SKILL<br />Political Understanding & Tactful Handling Of Situations Is Inevitable Even For Most Honest Leaders<br />PROFESSIONAL SKILLS<br />
  13. 13. Particularly Time<br />Ethical Leadership<br />Shantanu Bhadkamkar ATC <br />
  14. 14. We Are Different MYTHS<br />
  15. 15. MYTH & REALITY<br />SSB<br />15<br />HBS Study<br />
  16. 16. Perseverance<br />SSB<br />16<br />When people told me I'd never make it, I listened to the one person who said I could: me<br />
  17. 17. Global Leadership<br />GLOCAL<br />"To lead the people, walk behind them."
-Lao Tzu<br />
  18. 18. 1975<br />49%<br />17%<br />13%<br />Shantanu Bhadkamkar <br />18<br />
  19. 19. 2005<br />40%<br />16%<br />26%<br />Shantanu Bhadkamkar <br />19<br />
  20. 20. 2025<br />30%<br />13%<br />50%<br />Shantanu Bhadkamkar <br />20<br />
  21. 21. YEAR 2025 WorldGeo-economics<br />Shantanu Bhadkamkar <br />21<br />Youngest Nation<br />Average age:<br />India 28<br />China 39<br />Europe 45<br />
  22. 22. Indian economy<br />22<br />Sheth Jagdusha (1210-1275) Donated Rs 4 Cr in 3 Famines <br />1760 : House of Jagat Seth - Capital = Rs 7 Cr<br />
  23. 23. COUNTRY Advantage <br />Shantanu Bhadkamkar - MACCIA Shipping & Aviation Committee<br />Eyefortransport India Market Report 2007<br />23<br />
  24. 24. STRATEGIC LOCATION<br />s <br />Movement of Containerised Cargo Movement Of Goods by Road<br />North<br />West<br />North<br />Rail (21%)<br />Rail (50%)<br />Road (79%)<br />10%<br />62%<br />4%<br />Road (50%)<br />Kolkata<br />South<br />East<br />Mundra<br />West<br />8%<br />46%<br />Rail (23%)<br />0.1<br />Kandla <br />Rail (14%)<br />Haldia<br />6%<br />77%<br />Pipavav<br />43%<br />East<br />Road (77%)<br />Road (86%)<br />0.6<br />Mumbai<br />South<br />JNPT<br />Note : % indicates share of the route in total port <br />movements from that region. Only Top 3 routes considered<br />48%<br />17%<br />25%<br />Note : Nos in coloured bars indicate Mn TEU<br />Source: Avalon Consulting analysis<br />Chennai <br />Cochin<br />Tuticorin<br />NH3 & NH4 Connects North – West – South. It is estimated that 50% of Cargo by Road either originates or transits or terminates in Maharashtra. <br />23/09/08 – PR/pr<br />
  25. 25. INDIAN VISIONARIES<br />JAMSHEDJI TATA : Steel, Power, Technical Education <br />S.L. KIRLOSKAR : Export of finished products, Core Competancy, Liberalisation<br />SHETH WALCHAND : Shipping, Construction, Agro Products … Sea, Land, Air <br />Dhirubhai Ambani : Project Execution, Global Scale <br />Shantanu Bhadkamkar ATC<br />25<br />Not everyone can be Tata, Birla, Ambani<br />… Yet you can take pride of your little empire<br />“Think big, think fast, think ahead. Ideas are no one's monopoly”<br />- Dhirubhai Ambani, <br />
  26. 26. Michael Faraday Generated Electric Current Using A Dynamo<br />“Mr. Faraday, but what is the use of electricity?”<br /><ul><li>“Your Majesty, what is the use of a new-born child?“</li></ul>– To Queen Victoria <br /><ul><li>“Why, sir, there is every possibility that you will soon be able to tax it!” – To PM William Gladstone </li></li></ul><li>The Next Practice In Value CreationC. K. Prahalad<br />What does not kill you, will only make you stronger. <br />- Neitze<br />Shantanu Bhadkamkar ATC <br />"If you don't stand for something, you'll fall for anything..."<br />
  27. 27. Diffusion of InnovationAnd Leadership<br />Idlers<br />Companions<br />Managers<br />Leaders<br />
  28. 28. ENTREPRENEUR’s decision<br />
  29. 29. PROFESSIONAL - ENTREPRENUR <br />
  30. 30. Success Traps<br />Retaining<br />leadership<br />
  31. 31. WHY VISION<br />
  32. 32. 13-33<br />Determining Strategic Actions<br />
  33. 33. Newer Business Models<br />Assets & Services will be different Businesses<br />Most will be multi location<br />From Quality to Innovation<br />Trend Continuous Innovation<br />IPR driven<br />Innovation Entrepreneurial<br />Mobile, Home Office<br />Sales Oriented- Intense Competition to Blue Sea Strategy<br />Set Standards - Set Trends – not laggard, not follower<br />Safety – Security – Green<br />Inclusive Growth Models<br />Shantanu Bhadkamkar ATC <br />
  34. 34. New Industry Drivers<br />TODAY : Retail & Automobile Industry are the drivers of the organised logistics Industry. With IT giving the cutting edge.<br />2025 : Like Automobile Industry today & for the same reasons, Retails & even IT, will be laggards in 2025. New industries will drive logistics & set new rules of he Game.<br />Alternate Fuels dependent Industries like Fuel Cell, Nuclear Plants, Bio Fuel<br />Nano Technology<br />Space Travel<br />Biotechnology <br /><ul><li>Artificial Intelligence & Alternate Fuel will give the cutting age</li></ul>Shantanu Bhadkamkar ATC <br />
  35. 35. Finance – Market Valuation<br />Robust Supply Chain<br />Return on Service rendered more than assets employed<br /><ul><li>Low Interest Rates
  36. 36. Single Currency or Unified Currency or close to it</li></ul>Cost Of Unreasonable Contracts<br />Outsource vs. Purchase<br />Finance: Wealth will be measured in Intellectual Capital & Innovation<br />Shantanu Bhadkamkar ATC <br />
  37. 37. New Regional Formations will Emerge<br />Shantanu Bhadkamkar ATC <br />(Like EU)<br />
  38. 38. InclusiveEgalitarianBUSINESSES<br />CII Weaker Section Initiative<br />USA Minority<br />Preferential<br />Shantanu Bhadkamkar ATC <br />
  39. 39. 39<br />Time Management<br />70% Crisis is Self Created: 30% Crisis is Circumstances / Environment Created<br /><ul><li>Urgent & Important are not on time scale
  40. 40. Urgent means attention
  41. 41. Whole lot of routine is Urgent but not Important
  42. 42. It is due to urgent factor rather than important you get PRESSURE</li></li></ul><li>Top mistakes<br />Back Up Plan<br />Surround Yourselves By People Who Want To Make You Win<br />Cash Is King<br />Heart Or Head<br />Know The Numbers: Precise + Accurate <br />More Opportunities Are Created In Crisis<br />Strategic Withdrawal<br />GREED- FEAR<br />
  43. 43. SMART GOALS<br />Specific – Clearly defined by those who have the
knowledge about their impact<br />Measurable – Quantifiably defined in such a way as to
gauge progress<br />Achievable – Challenging and rewarding, but still
within reach<br />Relevant – Tied to current critical tasks and abilities of the team<br />Time-based – Linked to an agreed-upon timeline<br />Shantanu Bhadkamkar ATC<br />41<br />
  44. 44. The greatest problem to overcome…<br />FEAR!<br />The most crippling disease…<br />EXCUSES!<br />The two most power-filled words…<br />I CAN!<br />The greatest natural resource…<br />ENERGY!<br />ENCOURAGEMENT!<br />The greatest “shot in the arm”…<br />MOTIVATION<br />
  45. 45. SELF BELIEF<br />43<br />
  46. 46. FUTURE HAS ARRIVED<br />Shantanu Bhadkamkar ATC <br />
  47. 47. FORESIGHT<br />COLOURFUL<br />MANY SHADES – MANY DREAMS<br />धन्यवाद<br />

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