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 […]
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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. […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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ASCENT- Sharing Experiences
On interviewing Karishma Parekh, Partner, Bharat Vastralaya (Karishma Sarees) on ASCENT and getting a detailed insight from her and her views, we got to know her opinions and what her expectations are from ASCENT. She is excited to be a part of an ASCENT Trust Group, and she can’t wait to hear real life stories from the […]
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Disruptive Innovation in the Entrepreneurial Ecosystem
A disruptive innovation is an innovation that creates a new market and value network and eventually disrupts an existing market and value network, displacing established market leaders and alliances. The term was defined and phenomenon analyzed by Clayton M. Christensen beginning in 1995. Not all innovations are disruptive though, revolutionary as they might be in […]
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Transformation Of An Entrepreneur
I would like to express my journey with ASCENT for the last 15 months, through my spiritual coach expression. Growth happens when “what is” transforms. Just the way a seed transforms. Growth comes naturally with transformation and not with transactions; with evolution and not exchange; with merging and not with (having) “more” or by multiplying or […]
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Eight Essentials for Scaling Up Without Screwing Up
Cool new ideas for ground breaking ventures are a dime a dozen. Combined with all the new tech enablers allowing for instant consumer gratification over e-commerce platforms, such as FlipKart and Myntra, make it seem deceptively easy to startup a new venture. The bigger challenge is to startup a big venture that just happens to be small […]
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Scaling-up entrepreneurial enterprises – Pitfalls to avoid and lessons to learn
When an entrepreneurial venture is clearly offering solutions to both social and economic challenges, it is inevitable that it be asked to scale-up its operations. However it is certainly not an easy task, even when it clearly stands to benefit the society at large. It is fact there are hundreds of innovation driven enterprises being […]
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