“I Hope to strengthen our country’s image across the globe with every small bit that I can achieve”
How do you lead your company towards sustaining its competency and innovation?
Every company needs to pin down ‘why we do what we do’. A strong purpose drives growth and profitability. In order to achieve sustainable success, companies must repeatedly re-examine their sense of purpose and make sure the organization serves it well. That’s what I do.- For creating a scalable business, I focused on understanding how crucial it is to build brand equity and emotional connections with customers. It’s those attachments that link customers to your products and will keep them returning to you. Building a brand is about developing and sustaining those relationships over time.
- Putting the most experienced talent in charge to carry out all the targets and growth in a more descriptive
manner. - Carrying out regular performance assessments and motivating the team to follow them and improve accordingly.
- Identifying the customer’s pain point
- Articulating the value proposition.
- Leveraging organization’s core capability
What were the challenges you came across in your career as a business leader?
- At the beginning I faced some challenges, some cash flow management challenges.
- Hiring and building the proper team was hard work in the start.
- Finding customers.
- Building the brand value
- Time Management.
What is that one aspect or emotion that drives you to work or keeps you motivated?
The most important thing that keeps me motivated is the thought in my mind that what I am doing now is helping a lot of people and if I keep on improving that will help many others in the future.
As an entrepreneur, what is your opinion on the current landscape of start-up culture in India?
Start-up ecosystem in India is booming fast and sees huge growth in the coming years with new innovation and technology. In around a decade, the Indian start-up ecosystem has scaled to become 3rd largest start-up hub in the world followed by the US and China. No doubt the success of consumer internet companies has played and continues to play a big role in that. The ecosystem has seen a cycle of boom, bust and exits with a promise that India has the ability to return capital to investors. There are going to be great opportunities in Indian start-up ecosystem by 2020 and huge growth for entrepreneurs and founders.
According to you, how important is it to be updated with novel technologies as per your industry sector?
- According to you, how important is it to be updated with novel technologies as per your industry sector?
- Tech helps you gain a competitive edge over larger companies
- Technology also helps to streamline and manage the cash flow in a better way.
- Technology is also very important to meet the customers’ demands in an effective way and fulfil all their requirements.
How do you strategize on scaling your career and your company in the future?
Adding a new script to India’s business world our Group has risen up like a phoenix from my failures and hardships. Our group has given a new and fresh breeding ground to the country’s entrepreneurial ecosystem.
Articles & Links:
Mr Manmohan Panda
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Manmohan Panda#Foundersunfiltered
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