Managing Your Ailing Parents’ Portfolio
~ Content Collaboration with Knowledge Partner – My Financial Advisor (MFA Consulting) All of us have to face the challenge of looking after ailing parents as they age. Watching their health, visiting various medical professionals becomes a routine. This extracts your time, patience, emotions and also finances, especially if you are dealing with prolonged […]READ MORE
Why Do You Need A Second Opinion On Your Financial Life?
~ Content Collaboration with Knowledge Partner – My Financial Advisor (MFA Consulting) A second opinion never hurts; not only in medicine but also when it comes to Personal Finance. All of us try to save and invest to the best of our abilities to protect our financial future. We tend to invest in […]READ MORE
Why Do HNIs Need Financial Planning?
~ Content Collaboration with Knowledge Partner – My Financial Advisor (MFA Consulting) Most High net worth families we meet feel they have enough wealth. The wealth is usually spread across their business, a slew of properties both residential and commercial, PPF accounts across all the family member’s names, bonds, stocks, mutual funds, FDs, structured […]READ MORE
Are you Hiring to Retain? | ASCENT Huddle Session
Hiring Practices that Drive Retention in SMEs ASCENT Huddle Session with Harsh Mariwala, Founder, ASCENT Foundation and Ashok Ramchandran, Group Executive President of Human Resources, Aditya Birla Group. The Session was anchored by ASCENT Knowledge Guru, Ashutosh Telang, Chief People Officer, True North. Key Learnings 1. It is easy to find business opportunities, but […]READ MORE
Technology as a key driver of sustainable and scalable growth
Fundamentally, if you look at the way technology is consumed in an organization, it has changed dramatically. In the good old days, technologies were enablers to the industry and the philosophy adopted by businesses was always to use technology to do the business better. The big change that we are seeing now is in […]READ MORE
Paving way for the NextGen in the Family Business
Of all the people in the world, why is your child the most suitable person to lead your business in the future? It’s a question few entrepreneurs get asked. And yet, founders often unquestioningly bank on their next generation to carry on the legacy of their organization. It’s an exciting journey, and one fraught with […]READ MORE
Talking to your customers is non-negotiable for new entrepreneurs
Sustainable growth is one of the biggest challenges that every organization face. Creating sustainable and scalable improvements to a company’s business structure is the key factor that every company looks up to which involves three key actions: i) choosing or clearly defining the right business model, ii) determining how decisions will be made, and iii) […]READ MORE
Finance and transactions as a key driver of sustainable and scalable growth
In the journey of entrepreneurship, business leaders are bound to face plenty of challenges. It differs from entrepreneur to entrepreneur how he seeks to address these challenges. Challenges have a lot to do with perspectives and these perspectives evolve with time and with the growth stage of an organization. The perspectives of an entrepreneur are […]READ MORE
Essential qualities for entrepreneurial success
Entrepreneurship is a complex and a lonely journey. Many entrepreneurs start with a bang but sometimes the lack of direction can lead the businesses to a rapid decline. It is very difficult for entrepreneurs to keep reinventing their businesses and ensure a steady growth chart at all times. Yes, it is daunting but we should […]READ MORE
A Leader’s Role in Driving Growth
~ Harsh Mariwala (Chairman Marico Ltd., Founder ASCENT Foundation) Leaders should create a shared vision Whether it is for the entire organization or for different sections. Leaders have to engage the organization in thinking about growth, setting goals and then give people the freedom to think of their own growth and scaling up plans. Of […]READ MORE
6 Things a Company Should Focus On in Its Growing Years
~ Harsh Mariwala (Chairman Marico Ltd., Founder ASCENT Foundation) Here are some make-or-break essentials that a company should focus on during their growing years in order to set firm foundations for the future. Need for growth Some businesses become viable only when there are economies of scale. Without scale, some businesses become unviable or unsustainable. […]READ MORE
Scaling-Up | ASCENT Huddle Session
Scaling-Up ASCENT Huddle Session with Harsh Mariwala Founder, ASCENT Foundation and Anjali Bansal, former global Partner and MD with TPG Private Equity and a strategy consultant with McKinsey & Company in New York and Mumbai. The Session was moderated by ASCENT member, Nikunj Jhaveri, Founder and Chairman, System+ Key Learnings An entrepreneur must have a complete understanding of an enterprise’s strategy, […]READ MORE
How to Implement Execution of Strategy in Business?
~ Harsh Mariwala (Chairman Marico Ltd., Founder ASCENT Foundation) Good execution requires a good IT Management system, an organisational culture with the involvement of associates (vendors, supply chain etc.) Role of IT • IT can be a wonderful tool for execution of strategy. Especially in cross functional projects, wherein communication can become an issue giving […]READ MORE
Innovation – The Winning Way
~ Harsh Mariwala (Chairman Marico Ltd., Founder ASCENT Foundation) In today’s competitive environment one has to go on differentiating and being unique on a perpetual basis. Hence innovation is not quest for ‘something’ unique but a continuous process. Founders have to drive a culture which is innovative and which throws up innovation through a process […]READ MORE
The Importance of Culture in an Organisation.
~ Harsh Mariwala (Chairman Marico Ltd., Founder ASCENT Foundation) Culture of an organisation is very ambiguous and very difficult to define. But I strongly believe that it’s a source of competitive advantage in an organisation. You can copy somebody’s product, you can copy somebody’s technology, but it is impossible to copy culture. How to plan […]READ MORE
Key Steps to Building a Good Strategy
~ Harsh Mariwala (Chairman Marico Ltd., Founder ASCENT Foundation) Strategy is exciting and execution is boring. However, both are required for success. Both are interdependent and not possible without each other. • Strategy is based on your vision/mission – what is it that you want to achieve? E.g. I want to be a market leader […]READ MORE
How Do You Give The Perfect Investor Pitch?
At some point in their journey, all entrepreneurs will need to pitch their idea, product, or service to an investor or investors. Most of them don’t get the required funding and subsequently fail, or get lesser than they needed. These pointers will help you improve on your pitch, and crack it right in the […]READ MORE
CUSTOMER ENGAGEMENT ESSENTIALS
We focus on experiences nowadays rather than just services and products. With the market changing every second and innovations taking a new note- CUSTOMER ENGAGEMENT is the key to flourish. It is a game about quality and not just quantity. Retaining the customers and increasing brand loyalty is what all businesses look for in the […]READ MORE
Structure for a productive Venture
Time is one factor that manages most of the things. We live in an era where we are paying emphasis on the responsibility to establish ourselves. Get an Insight of your Work: To be more productive with less effort input, one needs to completely focus and go in depth of the area of work. Take […]READ MORE
Essentials to understand your industry better and become a ‘Veteran Novice’
The term business encompasses everything- failures, success, hard work, opportunities and the list goes on. Every entrepreneur has their share of experiences to add to the journey and no matter how anyone describes it; the essence remains the same for all. Either you are a Veteran in the field or a complete Novice or struggling […]READ MORE