1. Startup Founders Become
New-Age India Inc Gurus
Cos inviting newgen entrepreneurs to speak at
gatherings or leadership meetups
2. Contd…
Vijay Shekhar Sharma is in demand these days. Besides fielding calls from
investors and journalists keen to find out about his next deal or fund-raising,
the Paytm founder and one of India's startup poster boys is handling a
different kind of request these days: invitations from companies to speak at
their senior management gatherings. Around Diwali, he was invited to the
headquarters of an Internet giant in California to interact with its leadership
team. He also recently visited a fast-moving consumer goods giant in India to
share insights on his business with their CXOs.
“Companies want to understand the startups space and how it is changing
the way business is done,“ said Sharma, who also invests in other startups to
gain insights into new disruptive technologies and along the way , with luck,
also make money . And Sharma is not alone in being courted this way .
3. Contd…
Some two weeks ago, Paavan Nanda and Tarun Tiwari, the 20-something cofounders of
Zostel, a budget backpackers' hostel chain, were invited to speak at a training summit
conducted for leaders at Indian Oil Corp. on innovation and entrepreneurship.
Likewise, when Sarovar Hotels and Resorts was thinking of whom to invite as a guest
speaker for its annual general manager and sales meeting last September, it turned to
Ritesh Agarwal, the 22-year-old founder of hotel rooms aggregator Oyo Rooms.
Older, established companies, long used to inviting corporate grandees, management
gurus and other assorted inspirational figures to speak at corporate gatherings or
leadership meetups, are increasingly turning to these spunky entrepreneurs to learn about
change, pace, disruption, scaling up and surviving in a fast-changing business landscape.
An environment in which internet-powered businesses are cutting a swathe of destruction
through traditional socalled `old economy' businesses, forcing them to sit up, take notice,
adapt or risk being devoured.
4. Contd…
For industry watchers, the reasons are not that difficult to see. “The startup
ecosystem has met with success that is unparalleled and unprecedented.
Startups and their young successful founders stand for innovation and
disruption, which is relevant for every business to stay competitive,“ said
Sandeep Chaudhary , CEO, Aon Hewitt Consulting. “So, more and more
companies are reaching out to startup founders to see how they can include
disruption and innovation in their management style.“
From a business sociology point, this trend is akin to men turning to boys to
learn a trick or two from them, a reversal of the earlier paradigm when
young entrepreneurs often sought the counsel of industry veterans.
“We spoke about how the mindset can be made more entrepreneurial,“ said
28-year-old Nanda, adding that he also shared tips on infusing more energy
at the workplace and building a fast-paced startup-like culture at another
company .
5. Contd…
Nanda was also invited by HR consulting firms Hay Group and Mercer
this year to talk about `smooth organisation building' and how startups
have affected compensation and benefit practices in India. “The idea
was to think out of the box. At the end of the day , he is a young 22-
year-old boy who has got million-dollar investments for a concept that
aims at changing the entire paradigm of how people use hotel
rooms...It's a completely different paradigm,“ said Ajay Bakaya,
executive director of Sarovar Hotels and Resorts, a homegrown hotel
management company that manages around 70 properties and which
invited Oyo founder Agarwal.
6. For details and bookings contact:-
Parveen Kumar Chadha… THINK TANK
(Founder and C.E.O of Saxbee Consultants & Other-Mother
marketingandcommunicationconsultants.com)
Email :-saxbeeconsultants@gmail.com
Mobile No. +91-9818308353
Address:-First Floor G-20(A), Kirti Nagar, New Delhi India Postal Code-110015