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Former Senior Vice-President of Reliance Industries interacts with MBA Faculty, Students and LLPs

13-Aug-2019
Former Senior Vice-President of Reliance Industries interacts with MBA Faculty, Students and LLPs

Mr. Ananth Ravi is a Former Senior Vice-President of Reliance Industries and a State Sponsor. He is a Post Graduate in Chemical Engineering from Indian Institute of Science (IISc). After retiring from Reliance Industries, he has engaged himself in Pro Bono Consultancy (Latin Word – For the Good of Public), shares his experiences and helps early start-ups & small corporate houses in their growth.

Key takeaways of the session with MBA Students:

  • Department should initiate the “Day Minus 1” concept to interview aspirants of Start-Ups
  • Technical Start-ups need MBA Marketing for its growth hence there is wide scope for career in Marketing
  • Good thought/idea can come from anybody and need not be IITs and IIMs alone, hence remove the fear of start-ups
  • Stress/Pressure is prevalent in all fields including kids while they are in school
  • T-Model – Integrate your stream with other domains – Multi-Tasking (Skilling beyond vertical)
  • Enroll to Data Analytics - The next BIG thing

Finally, he concluded the session by emphasizing on Time Management and Commitment quoting anecdotes of Mr. Anil Ambani and Mr. Ajith GulabChand of Hindustan Constructions

Mr. Ananth Ravi also addressed the faculty of MBA.

Key takeaways of the session with MBA Faculty:
  • Finance is an Entrepreneurial Skill – Students should be trained on what difference they could make to the company with their knowledge on Finance
  • Train students on Reality - An M.Tech from IISc was made to sell credit cards in Mumbai Railway Station during early days of his career
  • HR is no more Human Resource but Human Relations – Emphasized on Retention of Employees, Networking, Career Growth and Spotting the Talent
  • “Wall of Ignorance” should be broken and explore the world outside for learning opportunities
  • Availability of Supply Chain Projects for students
Key takeaways of the session with LLPs:
  • Self Introspection – Is LLP your Dream? Are your passionate about your LLP?
  • Prepare a Long-Term Plan for the LLP
  • Understand the USP of your LLP first
  • Invest time on Market Need Assessment
  • Should be very clear with the concept/Logic of your LLP
  • Stand Up Meeting of 15 minutes every Monday Morning supported by documentation of meetings
  • Inter-disciplinary approach will yield great results

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