Vision for mba by M.Settu

Vision for MBAs

[email protected] August 2010

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Welcome to all…

Presentation by

M.Settu

President, Coimbatore Productivity CouncilChief Executive Officer, Syndicate Exports Pvt Ltd

Director General, Sree Saraswathi Thyagaraja College &Former President , Coimbatore Management Association

19th August 2010

Vision for MBAs

Vision for MBAs


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Vision for MBAs

“MBAs must have the best capability towards Creation of Wealth, in the right way adopting the principles of Good Corporate Governance, to benefit all the stakeholders of the organization and they must be ready to share a portion of the Profit with the needy people of the society as a Corporate Social Responsibility and contribute their best to build a Great Nation of Peace and Happiness”

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MBAs must have the best capability towards Creation of WealthMBAs must have the best capability towards Creation of Wealth

J R D TataJ R D Tata

Bill GatesBill GatesHenry FordHenry Ford

Azim PremjiAzim Premji

AmbaniAmbani

N R NarayanamurthyN R Narayanamurthy

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How did these people create wealth?

How did they become great leaders?

How did these people create wealth?

How did they become great leaders?

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The first thing is to have a The first thing is to have a

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‘Where there is No Vision, People Perish’.

“We go where our Vision is”.

Tata and India must be inseparable...

JRD Tata

Tata and India must be inseparable...

JRD Tata

“A computer on every desk and in every home, all running Microsoft Software”

“Our vision was to start India’s first software company for the professional, of the professional, and by the professional.

We wanted to prove that we could generate wealth by leveraging sweat equity, or brains, without much finance”.

- Mr. Narayanamurthy, Infosys

Our dreams have to be bigger. Our ambitions higher. Our commitment deeper. And Our efforts

greater. This is my dream for Reliance and for India.

… Ambani

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3.5% of GDP of India without accounting for multiplier effects.

10% of indirect tax collections.

5% of exports.

7% of market capitalization of the Bombay Stock Exchange.

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There is a great opportunity now to create enormous amount of wealth through industry, manufacturing and services.

In 2007

Indians Below the Age of 35 years 65%

Indians Below the Age of 25 years 50%

Ref: Business India April 8, 2007

0 10 20 30 40 50 60 70

0 - 45 - 9

10 - 1415 - 1920 - 2425 - 2930 - 3435 - 3940 - 4445 - 4950 - 5455 - 5960 - 6465 - 6970 - 7475 - 79

80+China 2020,

millions of people

010203040506070Note: females on the left, males on the right scale

0 1 2 3 4 5 6 7 8

0 - 45 - 9

10 - 1415 - 1920 - 2425 - 2930 - 3435 - 3940 - 4445 - 4950 - 5455 - 5960 - 6465 - 6970 - 7475 - 79

80+

Japan 2020,millions of people

012345678Note: females on the left, males on the right scale

China and Japan: Mirror Image Demographics

0 10 20 30 40 50 60

0 - 45 - 9

10 - 1415 - 1920 - 2425 - 2930 - 3435 - 3940 - 4445 - 4950 - 5455 - 5960 - 6465 - 6970 - 7475 - 79

80+India 2000

0102030405060 0 10 20 30 40 50 60

0 - 45 - 9

10 - 1415 - 1920 - 2425 - 2930 - 3435 - 3940 - 4445 - 4950 - 5455 - 5960 - 6465 - 6970 - 7475 - 79

80+India 2020

0102030405060

India: The Right Demography

India: #1 Emerging Retail Growth Market

A.T. Kearney Global Retail Development Index (GRDI)Rank GRDI Rank

2003GRDI Rank

2004GRDI Rank

2005GRDI Rank

2007GRDI Rank

2009GRDI Rank

2010

1 Russia Russia India #1 India #1 India #1 China

2 Slovak Republic

India #2 Russia Russia Russia Kuwait

3 China China Ukraine China China India #3

4 Hungary Slovenia China Vietnam UAE Saudi Arabia

5 India #5 Croatia Slovenia Ukraine Saudi Arabia Brazil

6 Turkey Latvia Latvia Chile Vietnam Chile

7 Morocco Vietnam Croatia Latvia Chile UAE

8 Egypt Turkey Vietnam Malaysia Brazil Uruguay

9 Vietnam Slovakia Turkey Mexico Slovenia Peru

10 Tunisia Thailand Slovakia Saudi Arabia Malaysia Russia

Unsaturated: Modern Retail Penetration <3%

Large Market: Retail Market Size: US$ 330 billion

Source: A.T. Kearney Index (GRDI)

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0

200000

400000

600000

800000

1000000

1200000

1400000G

DP

in

Rs.

Bn

GDP @ 6% GDP @ 8% GDP @ 10%

GDP @ 6% 15294 27389 49050 87841 157310 223147

GDP @ 8% 15294 33019 71286 153901 332261 527256

GDP @ 10% 15294 39669 102891 266873 692200 1226275

2004-05 2014-15 2024-25 2034-35 2044-45 2050-51

Projected GDP till 2050

India: The Future Economic Superpower

Rank 2000 2006 20501 USA USA China

2 Japan China USA

3 Germany Japan India

4 China India Japan

5 India Germany Germany

Source: Time August 13, 2007( For 2000 & 2050), BRIC’s Report for 2006

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India is now emerging as,

The New Land of Opportunities

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An urge towards innovation and creativityAn urge towards innovation and creativity

“I think there is a world market for maybe five computers.” - Thomas Watson, chairman of IBM, 1943

“Computers in the future may weigh no more than 1.5 tons. ” - Popular Mechanics, 1949

“There is no reason anyone would want a computer in their home. ”- Ken Olsen, founder of DEC, 1977

“640K ought to be enough for anybody. ” - Bill Gates, 1981

“Prediction is difficult, especially about the future”- Yogi Berra

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38.2941.33 40.92 41.42 40.22 40.78 43.3 37.75

166.05

229.58

375.74

22.81 28.53 36.29 44.97 54.6376.53

98.37

142.07

206.83

272.88

413.47

21.61 26.65 32.71

101.85

56.9535.61

13.36.683.581.881.20

50

100

150

200

250

300

350

400

450

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Wireline Wireless Total

No. of Connections in millions

Growth of Telephone Connections

Year as on 19 March 2009

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MATSUSHITA : 250 / 300 New Products per year

Mobile companies like Nokia, Blackberry (RIM)..

Computers / Fax Machine

Indica / Indigo / Nano cars

“Two roads diverged in a wood, and I took the one less traveled by, and that has made all the difference”

- Robert Frost.

Dhirubhai AmbaniDhirubhai Ambani

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Ambani’s most outstanding achievement has been to introduce the equity culture to every small town in India.

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Reliance today attracts the world’s largest shareholder population over 4 million.

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Reliance started hiring huge football stadium to conduct its General Body Meetings.

“I consider myself a pathfinder. I have been excavating the jungle and making the road for others to walk. I like to be the first in everything I do”…

- Ambani

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Readiness to face the Challenge of “Change”.Readiness to face the Challenge of “Change”.

It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.

- Charles Darwin

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ICICI BANK, HDFC BANK

Slow & Steady may not win the Race;

Fast & Steady only will win the Race.

Wipro is a great example;

Azim Premji

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Western India Vegetable PROducts Ltd:

from the vegetable oil business to one of the world’s largest ‘IT’ majors.

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Having a strong will power and passion to succeed even in the most critical business situations.

Having a strong will power and passion to succeed even in the most critical business situations.

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“Successful persons never put in 100% efforts…

“Successful persons never put in 100% efforts…

…they always put in 200% efforts”…they always put in 200% efforts”

Life of Abraham Lincoln.Life of Abraham Lincoln.

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When he was 7 years old, his family was forced out of home on a legal dispute.

When he was 7 years old, his family was forced out of home on a legal dispute.

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At 9, His mother died.

At 22, He lost his job as a clerk.

At 9, His mother died.

At 22, He lost his job as a clerk.

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At 25, He was defeated in a legislature election.

At 25, He was defeated in a legislature election.

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At 27, He had nervous breakdown.

At 28, He lost his beloved.

At 27, He had nervous breakdown.

At 28, He lost his beloved.

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At 30, He lost the election for the post of a speaker.

At 35, He lost the congress election.

At 30, He lost the election for the post of a speaker.

At 35, He lost the congress election.

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At 46, He lost the senatorial elections - around the same time he lost his son.

At 46, He lost the senatorial elections - around the same time he lost his son.

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At 47, He lost the vice-presidential elections.

At 47, He lost the vice-presidential elections.

“Success is the ability to go from one failure to another with no loss of enthusiasm”.

- Sir Winston Churchill

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“Most people who fail in their dreams fail not from lack of ability but from lack of commitment”

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Vision for MBAs

MBAs must have the best capability towards Creation of Wealth, in the right way adopting the principles of Good Corporate Governance…

Vision for MBAs

MBAs must have the best capability towards Creation of Wealth, in the right way adopting the principles of Good Corporate Governance…

“A Business that makes nothing but money is a poor kind of Business”

- Henry Ford

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Transparency International: Corruption Index

India has been ranked as the Most Corrupted Country in the world

The Least corrupt Countries 2007 Rank 2008 Rank 2009 Rank

Denmark 1 1 2

Finland 2 5 6

Singapore 4 4 3

Sweden 5 1 3

UK 13 16 17

USA 20 18 19

China 73 72 79

India 74 85 84Srilanka 96 92 97

Iran 133 141 168

Libiya 134 126 130

Nepal 135 121 143

Pakistan 140 134 139

Russia 145 147 146

Myanmar 179 178 178

Somalia 180 180 180

http://www.transparency.org

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Estimated proportion of the Indian economy that is accounted for by unaccounted money: 40%

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The problem of the Bottleneck is that the neck of the bottle is at the top.

“The punishment suffered by the wise who refuse to take part in the govt., is to suffer under the govt. of bad men”

“No success or achievement in material terms is worthwhile unless it serves the needs or interests of the country and its people and is achieved by fair and honest means.”

… JRD Tata

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Profit with Integrity

Growth with Ethics

Wealth with Values

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Only Bharatha Ratna from Industry

Social Audit by CAGI

Only Bharatha Ratna from Industry

Social Audit by CAGI

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Vision for MBAs

MBAs must have the best capability towards Creation of Wealth, in the right way adopting the principles of Good Corporate Governance, to benefit all the stakeholders of the organization…

Vision for MBAs

MBAs must have the best capability towards Creation of Wealth, in the right way adopting the principles of Good Corporate Governance, to benefit all the stakeholders of the organization…

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The benefits must reach not only the promoters but also all the stakeholders of the business.

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To the shareholders in terms of best dividends

To the bankers and the Lenders in terms of prompt payment of interest and principal

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To the Government in terms of prompt payment of taxes and duties.

To the employees in terms of best compensation and other facilities

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To the customers in terms of best price, best quality, prompt delivery and excellent customer relationship…

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Vision for MBAs

MBAs must have the best capability towards Creation of Wealth, in the right way adopting the principles of Good Corporate Governance, to benefit all the stakeholders of the Organization and they must be ready to share a portion of the Profit with the needy people of the society as a Corporate Social Responsibility..………..

Vision for MBAs

MBAs must have the best capability towards Creation of Wealth, in the right way adopting the principles of Good Corporate Governance, to benefit all the stakeholders of the Organization and they must be ready to share a portion of the Profit with the needy people of the society as a Corporate Social Responsibility..………..

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Sharing the fortune with the society is a great corporate social responsibility.

Water is now the

No.1

problem in urban India

Water is now the

No.1

problem in urban India

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India has 100 million cases of diarrhoea a year and 5 Lakh children die of the disease.

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The condition of health services in India is very poor and dismal.

Indian health service

18%Under three years are severely malnourished

30% Are born under weight

46% Are stunted

75% Young children are anaemic

Source: Centre for Social Education and Development (CSED) THE HINDU, 14-12- 2004

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HIV

Dec 2002 4 million

Now 2005 10 million

By 2010 25 million

By 2025 110 millionSource: Time, June 6 2005

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Diabetics Patients in India

Year In million

2002 32.7

2008 40.0

2025 (Projection) 57.2

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“44% of Indian Population is below poverty line on the basis of the international benchmark of one dollar a day poverty line...”

- World Bank Report

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India Ranks No.1 worldwide in terms of number of orphaned children

Source: ‘The State of the World’s Children 2005’, UNICEF

1. The proportion of undernourished as a percentage of the

population (reflecting the share of the population with insufficient

dietary energy intake);

2. The prevalence of underweight in children under the age of

five (indicating the proportion of children suffering from weight

loss); and

3. The mortality rate of children under the age of five (partially

reflecting the fatal synergy between inadequate dietary intake

and unhealthy environments).

The GHI : Three equally weighted indicators:

The Global Hunger Index by country,

2009 GHI(Scale & Hunger Level)

<4.9

(Low)

5-9.9

(Moderate)

10-19.9 (Serious)

20-29.9 (Alarming)

30 & above

(Extremely Alarming)

Algeria China Nigeria Pakistan Burundi

Brazil Thailand Nepal India Ethiopia

Malaysia Colombia Philippines Bangladesh Eritrea

Turkey South Africa Indonesia Tanzania

Egypt Peru Nepal Zimbabwe

Srilanka Zambia

source: International Food Policy Research Institute (IFPRI)

India TodayIndia Today

INDIA TODAY35 Crores Illiterates

30 Crores Below Poverty Line

30 Crores Not Connected to Safe Drinking Water

20 Crores Children Of School - Going Age Not Attending School

10 Crores Suffer From Malnutrition

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Professionals with great values and compassion can only appreciate and contribute to the nation at large.

Just See these pictures…

This is the brand they use….

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Look around you…

Thank God…

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Remind yourself to ask less, and thank more!!!

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Vision for MBAs

MBAs must have the best capability towards Creation of Wealth, in the right way adopting the principles of Good Corporate Governance, to benefit all the stakeholders of the Organization and they must be ready to share a portion of the profit with the needy people of the society as a Corporate Social Responsibility and contribute their best to build a Great Nation of happiness and peace.

Vision for MBAs

MBAs must have the best capability towards Creation of Wealth, in the right way adopting the principles of Good Corporate Governance, to benefit all the stakeholders of the Organization and they must be ready to share a portion of the profit with the needy people of the society as a Corporate Social Responsibility and contribute their best to build a Great Nation of happiness and peace.

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Thus, the ultimate Vision must be to build a great nation for our next generation………

32.9

28.9

24.522.6

24.4

16

12.2

7.6

4.2 5 68.9

19.1

27.3

2220

0.3 0.20.1

1.8

0

5

10

15

20

25

30

35

India 32.9 28.9 24.5 22.6 24.4 16 12.2 7.6 4.2 5 6

USA - - 0.3 0.2 0.1 1.8 8.9 19.1 27.3 22 20

0 1000 1500 1600 1700 1820 1870 1913 1950 1998 2006

A GLORIOUS PAST(% share in world

GDP)

USA

INDIA

USA

INDIA

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The strengths of our 5000 yrs old culture, the intelligence of our Human Resources and the availability of vast natural resources should be used to build a great nation.

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Human Development Index

(HDI)

Comparative Analysis of Standard of Living

Standard of Living (Per Capita GDP)

US$ Indian Rs

India $ 480 Rs 21,000

World Average $ 5,000 Rs 2,10,000

Developed Countries $ 40,000 (Approx) Rs 17,00,000

Country Life Expectancy (Years)

Literacy rate (%) Infant Mortality (Per

1000)

India 64.7 61.0 30.15

China 73.0 93.3 20.25

Russia 65.5 99.5 10.56

Brazil 72.4 90.0 22.58

Japan 82.6 99.0 2.79

UK 79.4 99.0 4.85

USA 78.2 99.0 6.26

Pakistan 65.5 49.9 65.14

Sri Lanka 72.4 90.8 18.57

Source: UNDP

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Human Development Index (HDI) Ranking

India Ranks 134th among 182 Countries

HDI Ranking (Source: UNDP)

Country 2009 Rank 2008 Rank

Norway 1 2

Iceland 3 1

Canada 4 4

Japan 10 8

United States 13 12

United Kingdom 21 16

Germany 22 22

Singapore 23 25

Russian Federation 71 67

Brazil 75 70

China 92 81

South Africa 129 121

India 134 128Sri Lanka 102 99

Pakistan 141 136

Bangladesh 146 140

Ethiopia 171 169

2006: 126/177

2008: 128/177

2009: 134/182

HDI IndexHDI Index

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The Entrepreneurs and Professionals like us should do our best to bring this

HDI Ranking in the Top Ten

Global Competitiveness' Index: Ranking of various Factors

1. Institutions 53

2. Infrastructure 72

3. Macroeconomic stability 109

4. Health and primary education 100

5. Higher education and training 63

6. Goods market efficiency 47

7. Labor market efficiency 89

8. Financial market sophistication 34

9. Technological readiness 69

10. Market size 5

11. Business sophistication 27

12. Innovation 32Source: CII

Global Competitiveness' Index Ranking 08-09 comparisons

Country Rank

USA 1

Denmark 3

Japan 9

UK 12

France 16

China 30

South Africa 45

India 50

Russia 51

Brazil 64

Sri Lanka 77

Pakistan 101

Burundi 132

Source: The Global Competitiveness Report 2008-2009 © 2008 World Economic Forum

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An Analysis shows that a Nation’s Level of Happiness is most closely associated

with Health, followed by Wealth, Education and good political governance.

INDEX OF HAPPINESS

(Most closely associated with Health, Wealth and Education)

Most Happiest Countries in the World

Country Rank

Denmark 1

USA 23

UK 41

France 62

China 82

Japan 90

India 125

Russia 167

Burundi 178

http://www.hongkiat.com/blog/20-most-happy-countries-in-the-world/

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Vision for MBAs


Vision for MBAs


“You can complain because roses have thorns, or you can rejoice because thorns have roses”.

- Ziggy

“A Business that makes nothing but money is a poor kind of Business”

- Henry Ford

“No success or achievement in material terms is worthwhile unless it serves the needs or interests of the country and its people and is achieved by fair and honest means.”

… JRD Tata

Matha

Pitha

Guru

Desam

Theivam

Matha

Pitha

Guru

Desam

Theivam

The new Mantra for Emerging India must be:

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Become great leaders; create wealth, share with the society and build a great nation for tomorrow

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And you, the

MBAs must be the best examples

BSMED

All the best…

Vision for mba by M.Settu

Business

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