The 10 Most Trusted HR Consultants in India 2020 by Innovative Zone Magazine

Enlighten the world with innovation

INDIA | WWW.INNOVATIVEZONEINDIA.COM | SPECIAL EDITION | JUNE 2020

Enlighten the world with innovation

INDIA | WWW.INNOVATIVEZONEINDIA.COM | SPECIAL EDITION | JUNE 2020

Enlighten the world with innovation

INDIA | WWW.INNOVATIVEZONEINDIA.COM | SPECIAL EDITION | JUNE 2020

Editor’s Note HR Consultants dominating the market with their brainstorming and innovative ideas We at Innovative Zone Magazine, are constantly striving to come up with something that can serve our readers with a sort of remarkable reading experience. Bringing forth this latest edition, we realized that what could be better than handing you over the list of some dynamic and reliable HR Consultants. Due to the COVID-19 pandemic, the rate of unemployment has been raised for sure; our magazine knows the pulse of the market and is always willing to assist its readers to enhance their lives in every possible way. One must wholeheartedly offer the required credit to the Human Resources, as owing to an HR only, I am writing the editor’s note for this magazine. Making a thorough plan on the marketing strategies or hiring the top-notch employees, today’s HR department depends upon innovative solutions for solving most of the organizational problems. In this edition, our diligent team has enlisted some of the most trusted HR Consultancies handpicked from the nooks and corners of the country, that stormed the market with their out of the box ideas. Certainly, we feel a bit remorseful for not being able to access and enlist each HR Consultancy, as our team is solely dedicated to highlight the most successful stories by far. But we can assure you that we will bring forth more of such offerings by publishing other volumes of the same edition. Covering the stories of all the biggies of Consultancy domain in our brand-new edition ‘The 10 Most Trusted HR Consultants in India 2020’, we are glad to put forth some deepest insights of the charismatic entrepreneurs heading towards their goals with the zeal to achieve more. The dignitaries like CEOs, CFOs, CMOs, or other business leaders have unveiled their secret mantra to success and how they dodged all the obstacles to emerge out as legends, innovators and visionaries. While penning down the editor’s note for this fresh issue of our magazine, I came across the stories of some entrepreneurs who started their business venture from scratch. Delving into their struggle stories, I can conclude firmly that innovative instincts and creative ideas can help a venture to flourish in any domain undoubtedly. Braiding the inception stories with the unique perception towards leadership proposed by the business tycoons or enlisting the brainstorming notions with the popping ideas to enhance the conduction of the business operations, our adept Team has ensured the level best efforts to create this issue as a perfect gateway to those in search of fresh ideas and exclusive strategies. In this issue, we have featured Stratacache on the cover page, that has been able to create an astounding influence in the Digital Signage Industry. Under the auspices of Manish Kumar, the Company is ascending the heights of success at the full tilt. Last but not the least, I would like to offer my sole admiration to all those who are trying to bring ease to the lives of the people in need, with their unique approach, during this alarming situation caused by the global pandemic. Kajal Dobhal Editor, Innovative zone

Enlighten the world with innovation

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Vol -1 | Issue 7 | June 2020 Publisher & Editor : Abhishek Kumar Dubey Editorial Team Indranil Roy | Kajal Dobhal Kiran Mishra | Ashwathy Nair

Business Head Ashish kumar

Corporate Team

Satyam Singh Rahul | Vikash kumar

Co-ordinator

Sunaina Gupta | Anita Kumari

Data Research & Analysis Satyam Tiwari | Shubham Mehra

Finance Team Gourav Singhal

Circulation Team Sonia Tiwari

Creative Director Ashutosh Ojha

Creative Team

Rajat Pathak | Reena Kumari Rohit Kumar | Chandan Sharma

Legal Affairs Mukesh Kumar

Human Resources Nivedita Basu

Digital Marketing Manager Ravi kant Singh

Registered Office RZC 4, A/2, Street No. 21B, Sadh Nagar - II, Palam Colony, New Delhi-110045 Ph. 011-42636209 Email: info@innovativezoneindia.com

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Publisher & Editor : Abhishek Kumar Dubey Title Code : DELENG19729

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Enlighten the world with innovation

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Table ofÂ

Content Cover Story

STRATACACHE

A TRENDSETTER IN THE DIGITAL SIGNAGE INDUSTRY

Manish Kumar

Managing Director & SVP-APAC

20 22 28 32 Enlighten the world with innovation

AVANISH SINGH VISEN CEO

ENCRAFT ABHRANSHU DASGUPTA Founder & CEO

AXMIYAN HR SOLUTIONS PVT. LTD. ASHOK MITTAL

38 42

CEO & Founder

PREST LOAN

SAHIL VAZ

Vice-Chirman & Managing director

GLOBAL CALCIUM GROUP Krishna Ramamurthy- Krish

People Development practitioner & Executive Coach

POTENTIAL GENESIS HR SERVICES LLP PREETI JAIN

Director, P. S International

P. S INTERNATIONAL HR CONSULTANTS

RAJEET SINGH BAGGA Managing Partner

EXCEL PLACEMENT SERVICES 6

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IN HOUSE CONTENT

Tips to Keep Yourself Mentally Fit in this Time of Pandemic

16 How to Delegate with confidence

26 Digital Transformation for Your Business, Beyond Technology

34 Summer Season The Month of Happy times and Good Sunshine

40 5 Ways to Build a company culture that promotes and retaoms women and minorities

44 Enlighten the world with innovation

INDIA | WWW.INNOVATIVEZONEINDIA.COM | SPECIAL EDITION | JUNE 2020

Enlighten the world with innovation

INDIA | WWW.INNOVATIVEZONEINDIA.COM | SPECIAL EDITION | JUNE 2020

MANISH KUMAR

Managing Director & SVP-APAC

Enlighten the world with innovation

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COVER STORY A TRENDSETTER IN THE DIGITAL SIGNAGE INDUSTRY

is an exciting time of immense growth for the company and “This we look forward to supporting high-rate growth clients in the

expansive APAC region, through our customized turnkey solutions. With increasing brand awareness and the successful establishment of supporting infrastructure and resources in key markets, STRATACACHE is now well poised to further drive the growth of the brand and the region’s digital signage and marketing technology adoption

”

Enlighten the world with innovation

says Manish.

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Growing technological advancements in display products, increasing adoption of digital signage across verticals, rising demand for 4K & 8K displays, and increasing infrastructural developments in emerging countries have fueled the digital signage market’s growth, which is expected to hit $29.6 billion in global revenue by 2024. With the aid of cutting-edge technology and innovation, it is one of the finest ways of connecting with customers and providing them an exquisite digital experience. STRATACACHE is a trailblazer in the digital signage industry in India, revolutionizing digital transformation and creating waves on the technological front. STRATACACHE is a leading global solutions provider of intelligent digital signage, digital merchandising, mobile enablement and rich media customer engagement. Their solutions deliver consumer activation at the point-of-decision, generating new sales opportunities and enhanced retail profitability. With an enriching experience of more than 30 years, STRATACACHE provides powerful endto-end digital media deployments for the largest global businesses and brands, particularly in the sectors of education, quick service restaurants, retail transformation and retail banking. With its global headquarters in Dayton, Ohio, STRATACACHE has 28 offices across the globe. Its worldwide network of partners and developers spanning more than 100 countries drive over three million digital screens globally. STRATACACHE made its foray into India in 2008 – a crucial move as a part of the global growth strategy to launch the brand in one of the world’s fastest-growing economies and most promising new markets. Since then, through product innovation and rapid localization led by capable leadership, STRATACACHE has gained a strong foothold in India with phenomenal growth in sales, rapid expansion in office footprint and many successful business deals and partnerships. STRATACACHE’s foray in APAC has expanded exponentially in recent times, under the strategic leadership of Manish Kumar, Managing Director and SVP-APAC. With over a decade of management experience under his belt and acute business acumen, Manish has been instrumental in successfully building and growing the STRATACACHE brand in APAC and extending its reach into key growth markets.

Enlighten the world with innovation

STRATACACHE serves a wide spectrum of clients in many industries, including Quick Service Restaurants, Retail, Consumer Package Goods, Retail Finance, Stadiums, Lottery, Gaming and Corporate Communications. BOOSTING CUSTOMERS’ TRUST AND CONFIDENCE Full-Service Concept Providers At STRATACACHE, they create strategic partnerships to bring digital display, sensor, mobile and emerging technology to market, at scale. Through their discovery process, they work with clients to identify the ways they are looking to enhance the consumer experience. They then advise on the components and innovation that will bring their clients’ vision to the physical space - whether that’s their own technology found across the STRATACACHE family of marketing technology companies, or through the exploration of integrations and third-party platforms that will complement and optimize the experience for today’s better-informed consumers. Their in-house full solution offering includes: a flexible, intuitive platform for designing, managing and deploying digital content; a global professional services team with an extensive portfolio of skills; as well as a full range of Scala - and STRATACACHE - branded hardware, including media players, commercial-grade tablets, ruggedized outdoor displays, sensors and content acceleration devices. Superior hardware capabilities and advanced technologies One of the keys to a successful digital technology network is having the latest hardware to fully support the success of the project. STRATACACHE’s full solution offering includes a wide array of hardware, including media players, displays, outdoor digital displays and tablets, ensuring full flexibility and expertise for bespoke solutions for a digital project of any size, scope or complexity. Combining industry knowledge with decades of experience and best practices, STRATACACHE’s media players, tablets and display solutions are engineered with performance, stability and capability in mind to suit every project need. STRATACACHE’s interactive experiences increase audience and shopper engagement in physical spaces with wide-ranging advanced technologies including large-scale and large-format digital signage, augmented and virtual reality, mobile sensors, artificial intelligence and computer vision technology. INDIA | WWW.INNOVATIVEZONEINDIA.COM | ISSUE-7 | JUNE 2020

COVER STORY

Providing excellent customer/ after-sales service STRATACACHE’s team of pre-sales and technical specialists communicate effectively with customers to understand their needs/pain points and propose ideal solutions to solve their challenges. A detailed project timeline is drawn up and regular customer meetings are scheduled to ensure that project milestones are met. Even after the deployment is completed, STRATACACHE’s certified service teams provide round-the-clock support for their customers, to ensure that the products are in optimal working condition with minimal downtime. The dedication of the service team increases the customers’ confidence in STRATACACHE. STAYING AHEAD OF THE COMPETITION Digital signage, flexible and secure at scale STRATACACHE’s marketing technology stack, including its proven digital signage software platform allows retailers, employers and marketers to tailor their digital signage communications for a specific audience, location and time. A centrally managed and locally updatable content management system allows for message refinement that creates a unique, personal way of communicating to audiences, including customers, employees, visitors and students. The STRATACACHE platform is flexible and scalable, allowing the customization of every aspect of the digital experience. STRATACACHE delivers a complete user-friendly experience with an intuitive platform that allows users to design, manage and deliver content to multiple media players and displays at scale. A wide range of hardware and display options allows their clients to scale any project with full confidence, knowing they will be able to deliver the desired customer experience aligned with their goals. Synchronizing with the market trends The Business Intelligence team at STRATACACHE constantly analyses market and industry trends, as well as business and economic cycles, to help the management chart their business strategies across APAC. As digital signage continually becomes more responsive and dynamic, STRATACACHE constantly innovates, adopts the latest technology and introduces new products to keep abreast of changing trends and consumer preferences. Several new technologies that STRATACACHE has utilized in its solution offerings include Artificial Intelligence,

Enlighten the world with innovation

augmented reality, interactive media, omni channel and content personalization. Artificial Intelligence (AI) — AI will make an appropriate decision whether a particular content should be displayed to a particular customer based on the analysis of numerous indicators and databases. The AI will analyze the goals of the person in front of the screen in order to define what kind of advertising is better to be displayed at this particular moment. Omni channel — Digital transformation allows seamless integration of content across all digital mediums to optimize the customer experience. Personalization — Solutions that connect with customers and create a positive emotional reaction, solutions that surprise and create joy can really grab someone’s attention and retain it. Content personalization ultimately leads to better brand recall and higher sales. INVESTING IN RESEARCH & DEVELOPMENT (R&D) In 2018, STRATACACHE acquired an all-in-one intelligent tablet and computing device manufacturing company based in Ningbo, China. As part of the acquisition, new infrastructure includes an expansive 250,000 square foot manufacturing facility and more than 125 new employees, including world-class research and development, scaled production and manufacturing lines, and experienced design & software engineers. This enables STRATACACHE to fully control the manufacturing and production process to ensure the quality of all products. MAINTAINING A STIMULATING AND CONDUCIVE WORK ENVIRONMENT Manish Kumar says, “It is absolutely necessary to ensure that all my employees are content and happy with their jobs so that they will continue to be motivated and enjoy coming to work every day.” With the opening of several new offices in India, China, Hong Kong, Japan and Singapore in the past few months, there has been a massive increase in staff growth in APAC. Currently, there are over 350 staff members across APAC. As the employees come from different backgrounds, cultures, and all walks of life, there is a challenge to ensure that all the employees are united, communicate INDIA | WWW.INNOVATIVEZONEINDIA.COM | ISSUE-7 | JUNE 2020

An effective human resource team and supportive people-centric management helps to create a positive workplace culture that improves teamwork, raises morale, increases productivity and efficiency, and enhances retention of the workforce. Job satisfaction, collaboration, and work performance would all be enhanced. HOW STRATACACHE KEEPS EMPLOYEES MOTIVATED: 1. LEADERSHIP SUPPORT Strong leadership serves as one of the cornerstones of innovation, positive change, and advancement. Employee motivation is largely dependent on leadership support. STRATACACHE leaders are supportive, nurturing and ensure that they work closely with their employees and collaborate with them on projects rather than simply supervise. STRATACACHE leaders display exemplary conduct and set high standards of accountability for themselves. They lead by example in order to influence staff in a positive manner. Furthermore, they have a clear vision for the future of their business and they share this vision with their staff, and encourage them to strive to achieve corporate goals.

effectively, work well as a team and are aligned with processes and team goals.

2. TRAINING & FEEDBACK At STRATACACHE, relevant training modules and webinars are provided to staff to expand and develop their industry knowledge and skills. This allows them to perform better and ultimately increases job satisfaction. Staff are encouraged to share their technical expertise with other colleagues.

The above challenges inspire the management to have in place a very capable human resource team led by Ayesha Kumar - Senior Adviser, People, Performance & Culture (APAC). The team is responsible for talent acquisition and management across APAC and drives employee engagement and satisfaction by promoting vibrant company culture, encouraging open communication, recognizing employeesâ&#x20AC;&#x2122; efforts and offering rewards to those who perform well on the job.

Regular review sessions are in place for team leaders to provide feedback to their team members, as well as for team members to give updates on their projects/pipeline. Feedback from employees are taken seriously and will be escalated to management for further review if needed.

Enlighten the world with innovation

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COVER STORY

3. EFFECTIVE COMMUNICATION Since its inception, STRATACACHE has built a growth culture and an environment that feels safe, with a focus on continuous learning and open feedback. They encourage a very lean company structure and a flat hierarchy, thus promoting open and direct communication between the management and staff. Staff are always encouraged to interact with and share information/expertise with other team members in the region. Teamwork is encouraged and the achievement of team goals is celebrated. With rapid corporate growth, all staff need to adapt to changes quickly and be nimble to assist in different capacities whenever the need arises. 4. REWARDS & RECOGNITION Recognizing the efforts of the employees and letting them know that their contributions are being appreciated, is essential. STRATACACHE periodically gives certificates to recognize employees’ efforts and dedication. The certificate serves as a simple motivation for employees to continue to work hard and perform better. In addition, team meals during festive occasions also act as a form of appreciation of employees’ contributions throughout the year. 5. SETTING ATTAINABLE GOALS SMART goal-setting is a great strategy to ensure that all employees are on the same page, regarding what needs to be done and what contributions they need to make in order to attain goals. At STRATACACHE, all employees are given specific, measurable, achievable, relevant and time-based goals after team/individual discussions and consultations. This sets the right expectation of what needs to be accomplished every year. Employees who meet their targets/goals are rewarded accordingly. With this paramount motivation, the company has done remarkable work in its field, and has achieved outstanding results.

Enlighten the world with innovation

THE MAJOR CORPORATE ACHIEVEMENTS/ DEVELOPMENTS ARE: • June 2018: Debut of new retail technology concepts at Retail Asia Expo • June 2018: Expansion of India and Asia-Pacific operations • July 2018: Opening of new Delhi office and expansion of R&D center in India • December 2018: Acquisition of Chinese embedded computing and commercial tablet manufacturing company, rebranded Scala China • February 2019: Centralized Asia-Pacific operations in new Singapore headquarters • March 2019: Opening of new Shanghai-basedcustomer center • May 2019: Opening of new Japan CBD office • July 2019: Opening of new Singapore warehouse and logistics center • August 2019: Opening of a new Hong Kong office • October 2019: Opening of Experience Centre at APAC HQ • December 2019: Opening of a new office in New Delhi 2020 GROWTH PLAN AND PIPELINE STRATACACHE has had an amazing 2019 with phenomenal growth in revenue this year. In 2020, they will continue to revolutionize digital transformation and drive growth by enhancing their solution offering, strengthening their brand presence, increasing sales and expanding strategic partnerships. They will also be targeting key verticals such as: retail, QSRs, financial institutions, casinos and education institutions, focusing on key growth markets like India and China, and setting up more offices in major cities. The company will continue to drive brand awareness, increase engagement and extend brand presence throughout APAC by active participation in regional trade shows, increased advertising and public relations.

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IZM REVIEW

Tips to Keep Yourself Mentally Fit in this Time of Pandemic

Coronavirus outbreak has become a nightmare for everyone, factors like fear and anxiety, a lack of social intersection, and the most important financial issue and economic recession can lead to mental health challenges. There are a lot of news is coming up that people are having mental issue during the pandemic. As you know that good mental health refers to psychosocial wellbeing, it means creating positivity vibe can give relaxation. Mental fitness is a protection layer that includes factors like emotional safety that helps us to deal with and cope up with several situations and issue.

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So, today I am going to share 5 tips which help you to become mentally fit in this pandemic. EAT HEALTHILY New research indicates that healthier dietary patterns can reduce risk the thing like depression and anxiety. Consuming healthy things on time is one of the best practices to keep not just mentality fit, but also the whole body. In order to make improvement of mental health, we all have to take some specific nutrients and vitamins like Vitamins B, omega 3, iron, Zinc, Magnesium, and prebiotic & probiotic. When consuming such kind of foods, “essentially many of them become the basis for the brain chemical, the neurotransmitter, serotonin transmitter (one of the main transmitters of the brain)” Dr. Tara Narula discuss to “CBS this morning” “in addition, the fruit and vegetable that you eat can give you antioxidant these kinds these kind antiinflammatories it could boost your immune system.” The statement shows that replacing unhealthy 4pm snacks with healthy ones would be a great idea. REGULAR WORKOUT I know during the lockdown, it is hard to go to the gym and Join Yoga Class. But there are a lot of workouts you can do with zero equipment or with available stuff at home like moving body, lifting heavy stuff (it available at home), push up, cardio workout, and many others. The exercise you will do at least 30 min. Workout allows your body to use oxygen and also improve blood circulation. Both of these things have a direct impact on your brain. According to healthline.com, Workout enhances your brain’s production of endorphins – makes you feel good. A lot of people have noticed that after doing a workout, their mood had improved immediately. In the quarantine period of time, you can do Yoga as well.

STAY AWAY FROM FAKE NEWS AND GET INFORMATION ONLY RELIABLE SOURCES A lot of fake new are rambling all over on social media, which can convert your thought into frustration. During this pandemic, it would be better if you limit your exposure to the news and to customize your social media feeds. As you know that our brain is a problem solver, but if your brain is already feeling fearful, it hard to get out of the situation. So Stay away from social media and fake news so that you won’t get panic.

To get the right information, you can use some legitimate and reliable websites like for the latest update of this pandemic, you can choose WHO, and CDC or the country’s health website.

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“It is helpful to adopt a more analytical approach as you follow news reports about the coronavirus. You will also want to verify information that you receive from family, friends, or social media,” says the American Psychological Association (APA). MOREOVER “consume only what you need to know, what’s most relevant to you and particularly what is happening or anticipated in your own community,” said the National Alliance on mental illness

STAY CONNECTED WITH YOUR FAMILY AND FRIENDS. Quarantine life can create a lot of negative thoughts when you are doing nothing. In such kind of condition, it would be great if you stay connected with your friends, family, and colleagues. APA (American Psychological Association) states “Maintaining social networks can foster a sense of normality and provide valuable outlets for sharing feelings and relieving stress.” People are being instructed to maintain social distance. It doesn’t mean you cannot cheat over the phone and have fun with video calling. The more important thing, when you are connecting with your family or friend over the phone, do not too much talk about coronaviruses, it may create negativity not only around you but also them. Also, if you have kids, you should to them, have fun with them. I’m sure you are going to love the time.

HAVE A ROUTINE Routine requires for everyone, especially for kids. But When schools are closed and a lot of people are working from home or being instructed to stay at home, it feels like all bets are off. However, it would be much better for every individual’s mental health to try to keep going with routing, as much as possible. Deborah Serani (professor of psychology at Adelphi University) said “Studies in resiliency during traumatic events encourage keeping a routine to your day. This means eating meals at regular times, sleeping, waking, and excessing at set times, and maintain social contact. Unstructured time can create boredom, spikes in anxiety, or depression, which can lead to unhealthy patterns of coping.” Another reason to keep going with routine, Actually, it will cut “decision fatigue,” the overwhelm and exhaustion that can come from a lot of options. So, when you wake up in the morning, it is better to make schedules which can clarify How many tasks do you have to do today. try to stick with schedule (if it doesn’t work out—don’t beat yourself up. Take a break from work for a day). By doing this, it can free up some mental bandwidth during this pandemic.

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THE

THE PREVAILING ART OF PRECISION MANUFACTURING

MOST TRUSTED

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“

A leader is the one, who knows the way, goes the way and show the way John C.Maxwell

”

Manufacturing is more than just putting all the parts together for creating a new design. It is also coming up with ideas, testing principles of clients and perfecting the good engineering, as well as the final assembling of the finished goods. Hereby, the most devoting company of the best influential leaders: Encraft India Pvt Ltd. made this dream fulfill. The most beguiling persona Mr. Avanish Singh Visen, CEO of in Encraft, creates something which is tremendous innovation in the market.

In 1961 their chairman Mr. D.C. Jain started extruding HDPE strips for cane furniture and then ventured into PVC pipes. He played a key part in developing drip irrigation systems and developed a technology for water hand pumps to ensure water is accessible to everyone. Their client-centric approach has helped them in building a reliable customer base. With a vision to create the design by exploring the boundaries of fenestration solutions, they have combined 40 years of expertise on how to roll well in the window industry with advanced technology.

Their company deals with Upvc Door and Window Systems, which is designed to provide the maximum flexibility for fabricators and clients. Based on a wide range of sections, they offer the full flexibility in offering from single sliding to multiple sliding openers, clip-on or integrated sections for fly screen and a range of section sizes covering small and large openings. INDIA | WWW.INNOVATIVEZONEINDIA.COM | Vol.-1 | Issue -1 | October 2019 Enlighten the world with innovation

The influential Peers Encraft has almost six decades of experience in the Indian Polymer Extrusion Industry. They have a close understanding of the Indian market’s needs, based on which they design the window systems. They have invested in 24

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the latest types of machinery as well as testing equipment that includes the Test Rig for testing the quality and training of people, which Mr. Avanish thinks none of their competitors have.

Therefore, they have the reach from a small segment like mass housing to high-end villas/homes, etc. They strongly believe in trust, loyalty, transparency, and heart to heart relationship with each and every client. Hereby, this is the base of their unbreakable faith in Encraft.

Victorious Qualities of being Influential leader A successful leader must have strong and fast decision-making capabilities with calculative risk-taking as well. And also he should have qualities like “Delegation & Empowerment, said the key official of Encraft India. He believes that the leader should be inspiring to their team and others. A leader’s commitment & passion for everything he does is accountable and highlighted to others. One should always think for some innovative & creative ideas and also he should have a good communicator with honesty & integrity.

Customer satisfaction is their topmost priority and their feedback is considered on a true note for better tomorrow. All Encraft actions are based on their feedback needs and expectations. Their whole team is continuously working to offer the products for improving the lives of their costumers, and society by ensuring value for money they spend. The business has only two functions - Research and innovation. They have a strong belief in technology and research accordingly. They use the latest available technology in the world whether it is production, design or testing. They heavily invested in world-class latest technology machines, which money can buy like extrusion machine, windows testing machine, etc.

The story of Vanquish A great story of success is the only proof that you have lived your dream and gives your very best. Yes, he also faced a lot of obstacles during the initial days even every day there is an obstacles. The matter of fact is that it depends on how one is handling the same. As on today because of those obstacles only, they are witnessing their growing journey. Mr. Visen considers his obstacles as a scope of opportunity & accordingly planning the things to convert them to a great opportunity. There is divine beauty in learning It is true that there is divine beauty in learning. To learn means to accept the postulate that life did not begin at birth. The CEO Mr. Visen always vision the challenges as a scope of opportunity & it’s all depend on how they perceive things.

They rely a lot on R&D and it’s the main pillar of their growth. It’s the function which helps them to be one step ahead than the market expectation and competition. The management of R&D activities is a key factor allowing the achievement of future growth. Hence, they are eventually leading toward an increase in the company’s knowledge, better technology capacities and products and processes innovation.

He makes himself taught to embrace and frankly adores the challenges that come to his path. Pushing to find the joy and opportunity in even the darkest of situations. The simple truth is that in any given situation, the only thing that they truly have is to control over the situation and themselves. The learning is sometimes as difficult as it may seem, but they always have the choice to recognize the obstacle as the learning platform for what it is. By finding something positive, and work like hell to push through it is the real learning goal for them.

A glance of Team: Employees Engaged, enthusiastic, and loyal employees are pivotal drivers of growth and health in any organization. They have one of the best team in industry, which is self-motivated, energetic with a customer-centric approach. They always put their people first, protect them and making them safe to fail where everyone’s idea is being listened and considered. They do not believe in traditional boring working culture ad always have fun with the team to get them motivation within the company.

Leadership as a Helping Hand Success Mantra of the life is “Speed and Quality”, speed in every action whether its innovation, new product launch, delivery, customer service anything what they possess in business and quality is the backbone to services. Mr. Avanish, the most influential leader behind gregarious company ‘Encraft India’ had made a practice to his entire team for these two points and also have developed the entrepreneur thinking approach in his team, which is helping Encraft to grow even faster than the market.

Substructure of Achievements Milestones and Future Plans From the inception of “Encraft”, it has always raised the industry standards. Within one decade they became the “Synonyms of UPVC Fenestration” as well the most trusted choice of their customers. Their long term vision is being divided into short term plants and moves forward to long term business goals later. They would like to be the first choice of their customers by the quality approach of their service.

The Story of client’s faith Their main clients are Architects, Developers, Builders, Home Owners, some Indian Government projects, etc. Enlighten the world with innovation

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AxmiYaN HR Solutions Pvt Ltd Search & Staffing (HR Consultant)

EXPERT HIRING SOLUTIONS

AxmiYaN COMPANY OVERVIEW AxmiYaN HR Solutions Pvt Ltd was established with the aim of providing to companies the most-suited professionals, by deeply understanding the requirements of clients across every possible functional area. No small feat to accomplish, AxmiYan nevertheless aced the challenge. Established in 2012, it is now working on a pan-India basis with leading companies with a global employee strength of 100+ - 350000+ employees. AxmiYaN is an ISO 9001:2015 certified Search Firm based in Jabalpur, Madhya Pradesh. It is a professionally managed HR/Recruitment services firm with practices specializing in IT/ ITES, BPO, PEB Industry, Automobile, Agriculture, Telecommunication, Pharma & LifeScience, Healthcare/Hospitals, Travel and Tourism, Manufactur-

ing, Media and Entertainment, Education, etc. It provides credible and consultative resourcing solutions to mirror the ever-changing needs of the clients. AxmiYaN has a unique, “human” approach to recruiting. Before hiring, the company endeavours to know each candidate thoroughly. They have an extensive screening process that includes a detailed phone screen, and an in-person interview held in their office. Exclusive to their process is the time that they take to ensure the candidate is introduced to the entire Permanent Staffing Team. Moreover, they also provide comprehensive skill assessment, Client and Candidate Debrief, interview preparation etc. They continue to provide clients and candidates with professional guidance and support, and it has undoubtedly been the foundation of their success.

AxmiYan provides a myriad of relevant services to their clients, of which the core services include: • Executive/ Leadership Hiring • Contingency Search • Project Recruitment • Professional Resume Writing Solutions • Recruitments for Start-up It takes a special blend of skilled personnel, processes and technology to consistently deliver results—and that is what creates the difference between AxmiYan and other consulting firms. AxmiYaN has proficient recruiters and a culture based on teamwork. They have a huge network of candidates and an ongoing research effort that identifies talented candidates not actively involved in a job search. They have an infrastructure that allows them to quickly and easily share this information with their clients. The workings of AxmiYan are intricate and detail-oriented. KEEPING AHEAD OF THE REST Being a company renowned for honesty & integrity, AxmiYaN thrives on long-term relationships. It takes pride in the fact that most of its clients have been with them for over eight years. The idea for AxmiYaN HR Solutions was first conceived back in 2012 by Staffing & Recruitment industry expert Abhranshu DasGupta. Abhranshu DasGupta

After founding and growing AxmiYaN, it became clear to Abhranshu that with hundreds of thousands of search firm recruiters in India alone, it was becoming more of a challenge

Founder & CEO

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for employers to fill their open requisitions efficiently. The business was founded as he saw an opportunity to start a recruitment consultancy specifically focused on the mid-to-senior section of the market. For clients looking for talent the market is polarised with database-driven recruitment firms supporting the lower end of the market, often working with ‘active’ talent and utilizing online advertising mediums. The more senior-end of the market is occupied with search firms, who often provide an inflexible, lengthy and costly solution. AxmiYaN is on a journey that connects their clients’ goals and the candidates’ careers. Some pointers that make them better than most and accelerate their hiring activity are: • Ramping up the client’s social media presence • Giving proper education to recruiters in their respective domain • Balancing both the candidate and client experience – the key to success • Diversity in hiring as the key focus • Mobile recruitment, which continues to rise • Working with Artificial Intelligence Sangeeta DasGupta

AVP Talent Acquisition

AxmiYaN has kept ahead of the technology curve as well, by its use of data analytics, AI-based Recruitment, use of smartphone to access candidate databases, targeted advertising, and so on. It not

only has excelled through the use of latest technology, it also offers exclusive services that distinguish it from its competitors like providing customized recruitment solutions, a more connected and informed workforce, candidate-centered approaches, completely digital recruitment, extensive market and recruitment knowledge, employee branding, etc. It is all too common for companies to be making several mistakes in their recruiting process, because of lack of efficiency during the recruitment process, inability to use data effectively, reaching passive candidates, high level of attrition in recruiters, reactive hiring, etc, but AxmiYaN has successfully conquered these challenges inherent to the HR industry and has made quite a reputation for itself. To cope with these challenges, AxmiYaN targets people with five to ten years of industry experience, who wish to return to their hometown, since they often have strong skills and are less likely to jump to another organization in a short time. Also, the applicant pools shift, and so the technology that shapes their hiring is upgraded and the pace gets faster and faster to keep up with a digitally-forward world by staying extremely data-centric. They focus on hiring innovators and keeping up with economy-related news. The future in the recruitment industry as a startup promises a ‘sky is the limit’ opportunity, if a company is able to create a notable personal brand, a sophisticated network, has a strong recruitment & marketing team and uses the latest recruitment methods. It can survive very well in the Enlighten the world with innovation

market with these as there are more than thousands of established and new entrepreneurships in India and across the world, which always keep an eye out for new recruitment companies to support them in their hiring process. ACHIEVEMENT AND AWARDS AxmiYaN has made its mark in the industry, and some of its achievements that prove this fact are: • It is an ISO 9001: 2015 Certified Company • Awarded by Silicon India as Best 50 Start-up to work for in 2017 • CERTIFICATE OF RECOGNITION from Department of Industrial Policy & Promotion as Start-up by Government of India in 2018 • Member of Indian Chamber Of Commerce, Kolkata • Certificate of Recognition from India’s 5000 Best MSME Awards in 2018 • The Founder, Mr Abhranshu DasGupta, awarded as 30 Most Powerful Men in Business in 2018 by Insights Success • AxmiYaN HR Got Best Recruitment Partner–Leadership Hiring from their esteemed client Teleperformance India in 2019 AxmiYaN has also been involved in CSR activities since the year 2018, by providing medicines and other useful materials to an NGO Based at Jabalpur. With a glorious success story back in India, they are now planning to expand their services to Singapore and Middle East Countries. INDIA | WWW.INNOVATIVEZONEINDIA.COM | SPECIAL EDITION | JUNE 2020

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COMPANY NAME

KEY PERSON

DESIGNATION

Anlight Consulting

Anoop Handa

Founder & MD

AxmiYaN HR Solutions Pvt. Ltd.

Abhranshu DasGupta & Sangeeta DasGupta

Founder and CEO

CrescoHR Pvt Ltd

KK Ajaya Kumar

Director

Excel Placement Services

Rajeet Singh Bagga

Managing Partner

IXceed Solutions

Yogita Tulsiani

Co-founder & Director

Karma Management Consultants Pvt Ltd.

Pratik Vaidya

Outshine HR Consultant Inc

Deepak Dutta

Partner

P. S International HR Consultants

Preeti Jain

Director

Pace HR Consulting LLP

Priyanka Rautela

Designated Partner

Stratemis HR Technologies Pvt. Ltd.

Sangeet Gupta

Program Manager

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MOST PRESTIGIOUS LENDERS FOR ONLINE LENDINGS AND BORROWINGS FOR

MSME

When it comes to the world of financial services and lending, three words come to mind: Overwhelming, Intimidating, and Scary. For “Prest Loans”, the questions seem never-ending and cushy. On that note, they are an engine for Entrepreneurial Wealth with a rich experience of more than 20 years in Capital and Commodities Market, Banking, Financial Services, and Foreign Exchange. “Prest” means ‘to stands for’, it also means ‘advance of money’ or ‘loan’. Started in February 2017, Prest Loans is a new age FinTech NBFC, which provides all kind of loans to support and encourage the businesses; these loans may be in form of Small or medium businesses, MSME units, E-commerce vendors or inventory funding, etc. They have different types of loans, some of them customized as per the need of borrowers so that it suits them. For example, they provide • Unsecured business loans • Short term secured loans • Long term secured loans • Daily loans based on the need ad profile of borrowers

Ashok Mittal |CEO & Founder

Bellwether Trendsetter Staying up to date in an industry that’s constantly shifting isn’t easy, but being aware of changes as they’re happening keeps them ahead of the curve. To help stay with industry challenges, opportunities and trends they have subscribed to trade journals, consumer magazines, etc. They engaged themselves in forums and discussion boards, read and write blogs, read newspapers and news sites, Listen /watch the podcasts and videos. Apart from that they network with industry people, talk to their customers regularly and importantly observe the competitors track trends into their business by doing data analysis regularly. Forging Ahead of Peers Prest Loans is unique and different in many ways from other lenders in the same space. Some of them are: 1. They are a single product-focused company and serving at the bottom of the MSME pyramid where the loan size is very small. They offer both unsecured and secured loans with ticket sizes ranging from less than Rs. 50 thousand to Rs. 25 lakh. 2. Their pricing is very competitive and the rate of interest is based on the customer profile. They not only consider the financial parameters but also has very high weightage on non-financial parameters like personal and social information of the applicant. 3. Their approach is ‘PHYSITAL’ that is a combination of ‘Physical approach’ along with ‘Digital strength’ in processing the data and decision making.

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Rebounding Today But There Are Some Hurdles Ahead There is nothing easy, they had to struggle at several points in their journey. Firstly, they started the process of getting RBI approval in November 2016, exactly the time of Demonetization where RBI was busy in that. Hence, their RBI approval process got delayed. They could not infuse capital during that time. They resolved it by raising debt from various sources so that the business continues.

is all about managing the people and “Business their expectations. ”

Being a good leader isn’t easy. While a leader’s actions may be scrutinized when things are going bad, it is their leadership qualities that shine through the worst of times. The best leaders exhibit certain qualities that make them hugely successful. Clarity, Decisiveness, Courage, passion, and Humility are 5 attributes of some of today’s truly great leaders.

Hereafter, since October 2018 onwards, NBFCs are facing a liquidity crunch. Although Prest Loans is not directly impacted by this and is rapidly growing its business with the support of its lenders, the general sentiment on the NBFC sector is not encouraging. Prest Loans could handle this situation and sail through by maintaining a quality portfolio and not having any Asset Liability Mismatch.

Innovations and R&D As stated earlier, PrestLoans as an organization keeps itself updated all the time by reading and attending various industry conferences. Innovation at any start-up is an important driver of economic growth. The effects of research and development (R&D) on new product development, interim alliances, and employment growth during the early life of the company. R&D plays a very important role during the early life course of high-tech as well as high-growth firms like theirs.

Every day there is new learning when they are into a new business. There is nothing which is easy they had to struggle at various points in the journey. They changed the strategy or product many times by understanding the need of customers. Numerous Clients Prest Loans provides short term and medium term, secured and unsecured loans to small or medium businesses, MSME units, E-commerce vendors, retailers, traders, and micro-manufacturing units.

Supporting Hand Of The Company: Employees The company nurtures its team not just with recognition, transparency and open communication but also by making them a partner in the company’s growth. In the ‘feel like at home’ atmosphere, PrestLoans achieves the best performance by leveraging self-motivation and freedom married with professionalism. Instead of burdening with hefty work pressure that kills creativity they provide better space to the employees. Prestloans is confident that only satisfied employees can make satisfied customers, the company encourages them to work hard and party harder.

Prest Loans typical customers are small business units that do not have sufficiently formal financials to show. These units include small-time traders like grocery stores, cloth merchants, tea shops, sweet shops, bag manufacturers, building material traders, and home improvement sellers among others. Balvir Singh, a small but long time and reputed building materials trader from Noida, could not avail of a loan from the bank as the financial institution does not lend money against properties in the area. On a suggestion, he approached Prest Loans, to his surprise, Prest Loans disbursed his loan within three working days and he is among their happy clients.

Happy Employees=Happy Customer =Successful Company

Their Success Story: Achievements, Millstones, and Future In the short span of two years in the operations, they have been able to raise equity and debt funding. They have got key lenders in the portfolio who have supported them regularly.

Highlighting The Facts On Leadership The Ace Key Official Mr. Ashok Mittal, founder & CEO of the company have more than 2 decades of experience in the financial services industry and has traveled more than 200 cities of India for forging the business. Additionally, he also met more than 1 lakh business people across the country. This experience helps him to understand the need for any kind of business.

Prest Loans has been growing steadily and is not affected by negative market sentiment. They have added partnerships for loan origination as well as being a partner to their lenders. They have expanded their operations in Rajasthan along within Delhi NCR. Their team size has been growing repeatedly. The company has also got an ‘excellence award’ from various agencies in the last 2 years and Mr. Mittal regular speaker at various seminars.

The experience has also taught Mr. Mittal that how to keep their team motivated and accelerate the performance. If they take care of their team and customers, the business will automatically grow and excel.

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They have planned to grow 100% on a YoY basis so that they shall be doubling the amount of loan disbursement in the current financial year as well. They aim to grow at 100% per annum for the next two years.

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EXCEL PLACEMENT SERVICES Bridging The Gap Between The Recruiters And The Job-Seeking Candidates An employee’s career may last 30 to 40 years. However, taking into account the speed of technological change, how can we prepare ourselves for what is likely to happen in the coming decades? The solution is continuous learning. We can no longer content ourselves with going to university and basing our future career on what we learn during those years; our career has become a journey of continuous learning. After acquiring the skills the next step is to find the right fit for your skill. This is where a lot of youngsters struggle. Companies too want the best talent. However, due to a lack of uniform structure, both the job seekers and the companies end up spending a lot of time finding the best they deserve. Not only that, one of the most recurring challenges faced by HR professionals is the adaptability of its employees. Human resources are tasked not only with managing employee morale, happiness, and cooperation through change but also with constantly upscaling the skills of their employees to meet the changing needs of the business. Placement Consultants have always bridged the gap between the recruiters and the job-seeking candidates. Besides being valuable in matching the candidate’s profile with the company’s requirements it also assists in salary compensation, eligibility, qualification, briefing the job role, etc. This plays a dual role in saving time and cost for both parties. Placement Consultancies play an extremely important role and have a great advantage for both clients and job-seekers alike. Without guidance from the right placement consultant, it can get quite difficult for young people to get ahead in a competitive industry. In this world of competition to be the best, Excel Placement Services is excellently helping companies find the potentially strong talents and candidates find the right industry.

Core Competencies: What Makes Excel Placement Services So Professional Excel Placement Services is an ever-renewing company, capitalizing on new and expanded opportunities individually and corporately, adjusting rapidly to changes and challenges in the marketplace, and delivering enduring results for our clients. Since its inception in 2009, Excel Placement Services has always been at the heart of human resource legal and statutory process adherence domain as an unequivocal leader in providing impeccable HUMAN RESOURCE functions to raised industry leaders. The sole intention, vision, and impulsion of the entire rock-solid team under the aegis of Mr. Rajeet Singh Bagga have anchored Excel Placement Services presence firmly as India’s leading staffing solutions provider with a range of services for its partners across all industry verticals operating from all major countries around the world. Enlighten the world with innovation

Rajeet Singh Bagga

Managing Partner

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“We are making our contribution being felt, recognized and admired for the past 10 years in the Middle East South African and Central Asian Regions too. Different types of white-collar and blue collar placements are offered.” A PULL FACTOR: WHAT KEEPS CLIENT COMING BACK The clients trust the organization and seek advice and market data for important decisions like compensation structure, ideal cities/locations to set up their operations based on the availability of talent or conduct recruitment drives. What keeps clients coming back perhaps, more than the value of the project delivered, is the experience of working with Excel Placement Services feels a key official at Excel Placement Services The moment the company gets a mandate, profile or open position from a client, it narrows the entire focus to understand the relation between the client and the specification received on which headhunting begins. DIP CHECK: MEASURING SUCCESS Success is measured by the fast-growing list of satisfied clients on both ends. From candidates seeking suitable job opportunities to Companies in search of manpower. “Each and everyone’s satisfaction is a top priority for us. We feel proud to inform you that our business has been appreciated and this has supported us to win awards. The appreciations and awards we received encouraged us and is a testimonial of our success.” MANAGING THE EVOLVING MARKET An effort to communicate frequently and transparently before, during, and after times of change is a good place to start. Providing a fair warning of changes to come, and equipping staff with the competencies they’ll need to deal with change makes for a stronger team. By providing training on the hard and soft skills they’ll need to cope with the change, employees will feel more secure and capable, and be more likely to embrace change. “To equip employees with the necessary skills and knowledge, company training and development managers are developing a more flexible and curated learning models that can be used in real-time, all the time. Companies’ Learning Management Systems (LMS) are being adapted to this revolution by incorporating videos, mobile content, micro-learning, gamification techniques, and game-based learning” A NETWORK OF CLIENTS Excel Placement Services has Clients like National PetroEnlighten the world with innovation

leum Construction Company (NPCC), Dubai Drydocks World, Saipem, Petrofac, Special Technical Services (STS), Ghandoot, Convrgnt, Applus Velosi, Trojan Holdings, Bahwan Engineering, Al Ahlea Switchgear, Grako Group, Rapid Solutions, Bureau Veritas, Lamprell Group, Corodex, Goltens, Damen Group, Kharafi National MEETING THE NEEDS OF CLIENTS Talking with Business Connect, a key official says that the team does everything to ensure that customers derive maximum benefits from the solutions. Every day the people of Excel Placement Services work hard to earn the trust of customers. “We believe in the power of teamwork. We believe that with hard work and passion, anything is possible. We strive for excellence and integrity in everything we do, we believe in what we offer and we believe in our purpose” Operating from its office in Hyderabad, the firm houses a robust team of professionally qualified and trained consultants, who bring rich expertise with them to deliver result-driven performance and continually strive to achieve excellence in services. The firm has obtained an ISO 9001-2008 certification to assure delivery of the highest standards of service to its clients. THE BEST FROM THE REST: SETTING ITSELF APART FROM THE COMPETITION The current scenario shows that management consulting firms have to face lots of diverse challenges. The need for developing new clients, finding and keeping quality people, and continuously keep on innovating, are some of the challenges which are the key concern of today’s management consulting firms. “From selection, screening, training up to full contract support, we supply the client’s specific requirements. We are your HR partner for life. We are committed to a culture of excellence and unwaveringly focused on maximum customer satisfaction.” A THANK YOU NOTE “We feel proud to inform you that our business has been appreciated and this has supported us to win awards. The appreciations and awards we received encouraged us and this encouragement enable us to keep the continuous growth going on. We would not forget to thank all our esteemed domestic and overseas clients who contributed to the success of the company in becoming much reputable service provider in the global market.” INDIA | WWW.INNOVATIVEZONEINDIA.COM | SPECIAL EDITION | JUNE 2020

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Digital Transformation FOR YOUR BUSINESS, BEYOND TECHNOLOGY Today the world is moving so fast, and no doubt the digital world is contributing a vital role in it. in this era, most of the younger entrepreneurs are transforming their business toward digitalization. In the last decade, we have seen huge up-gradation in the computing capability of systems, that has abled processing of an ever-enhancing volume of customers data. The step has spawned off the whole analytics business, the business that has promised to get customers in a better way, focus on a particular micro-segment and build value for the ecosystem. Digital transformation has expressed facts that today organization is picking up a great idea to serve customers in a better way. Lately, A lot of researches have been gone on it. One report from MIT Sloan Management Review and Capgemini Consulting have shown that so many companies now face a digital imperative: â&#x20AC;&#x153;Adopt New Technologies effectively or face competitive obsolescence.â&#x20AC;? Presently every company needs to get digitally minded, taking care of a multi-cloud world, and powered by data. Businesses are holding digital transformation closely to enhance operational express, the product with consumer experience, in turn gaining competitive pros. However, the actual transformation has to go more beyond the casual transformation of information technology infrastructure landscape and it also involves organization culture and behavior, strong and friendly policy around data security.

TRANSFORMATION OF APPEARING TECHNOLOGIES In the digital world, we are so connected with devices and technologies. Why not, after all, these things making our life easier. Here are some technology and device which are surrounded by us such as multi-vendor, cloud, fog-based architecture, heterogeneous 5G mobile services, software connected with the network, and running applications on wireless networks, edge to core to cloud, connect all strata of the digital organization. With the help of these technologies and devices, businesses have substantial advantages such as data analytics, faster response times, and diminished costs. Forbes motioned GE estimate, the industrial internet can go with productivity and attain 8.6 trillion dollars for industrial businesses in the next ten years. As we know that, today cloud is playing a very vital role in hosting large amount shared data application. As a result, a lot of entrepreneurs are expecting to increases exponentially. The cloud services market has become global which is projected to rise 17.5 in 2019, in 2018 this project has reached 214.3 billion dollars from 182.4 billion USD. If we see the Gartner report, digital transformation stayed upon utilizing data and cloud Tech excellently.

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SAFE ENVIRONMENT Cloud service has its own alternative and unique discretion and security challenges. Today, advanced technologies have become critical to success such as IT infrastructure, networks, protecting IoT applications, devices, cloud applications, and multifaceted attacks. According to Forbes, By the end of December 2020, 10% of all attacks can be targeted IoT systems. In the united states of America, The Department of Homeland security logged the IoT incidents which rose over seven-folded between 2010 and 2015, it shows that 39 incidents in 2010 and 295 incidents. IT engineers should have to think differently to design and implement protective architecture by doing robust design rules. (it has been taught by Dr. Genichi Taguchi who said that cutting variation in a product without reducing the causes of the variation.) The focus should be to make efforts to carry on auditing, maintain security, continuous compliance by automating security in the cloud. IT sectors have to use maintained security services to covert security so that the administration can concentrate on the business more than being distracted by security dangers. A technologically robust and secure environment

MANAGING TRANSFORMATION Wheatear believes or not, real transformation is called a change management practice. It goes far away from the only implementation of Tech. Apart from tech ones, organizational aspects of digital interruption, are critical in operating actual transformation. Digital culture promotes an external more than an internal orientation. With the help of it, many companies focus on every singular customer. A digital world supports employees full fill the customersâ&#x20AC;&#x2122; needs faster than it used to be. Many leaders are implementing different kinds of things such as design thinking, Agile and lean six sigma business transformation to handle faster changes in the company.

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SPLENDOROUS EPITOME OF PHARMACEUTICAL DIGITAL BIOLOGY:

Global Calcium Group Cutting Edge Research in Digital Biology There appears to be a universal consensus amongst scientists that the next decade is going to be the age of digital biology with a massive transformation expected in therapeutic treatments across various ailments. Today’s scientists in the field of life sciences are at the forefront of many critical issues such as drug safety, affordable health care, and customer service. It is interesting to consider that the most Influential Business Leader – Mr. Sahil Vaz, the Vice-Chairman and Managing Director of Global Calcium Group has helped create an innovative organization by adopting a digital approach to producing niche active pharmaceutical ingredients in a wide spectrum of clinical aliments. More specifically the firm has successfully been able to harness best practices in innovation and manufacturing from the nutraceutical industry and adopt the same to the highly regulated industry of life-saving pharmaceutical ingredients.

ticals, especially in those cases, where they are heavily dependent on downstream integration.

“I am not in competition with my peers; I am in competition with myself.”

Don Dokken

A flat structure is a cornerstone of success A unique approach at the company is to inspire and empower a sense of meritocracy across all levels of the organization by pivoting a flat organizational structure. Global Calcium has evolved from having being an 18 layer organization 10 years ago to now being just 3 layers. This has resulted in a culture of accountability and has allowed the company to both recognize exceptional talent rapidly as well as weed out under-performers despite having a staff strength of over 2000 workers.

Global Calcium is one of India’s largest nutraceutical company that was founded 40 years ago with a technology joint venture with Sandoz of Switzerland for the manufacturing of functional minerals. They are a completely privately held organization with a zero-debt profile despite growing at a CAGR of 25% for the last 4 years.

The company started as one product and one plant factory. Being an export-oriented unit form day 1, the company had to battle through a fragmented regulatory approach including terrible power outages. A the same time, the company was constantly trying to recruit high-quality talent to not only ensure zero-defect production but also to innovate products with very limited resources.

Armed with a state-of-art DSIR approved Laboratory in the field of Life Sciences, Global Calcium operates from Bangalore in India and has 14 manufacturing plants spread across 3 campuses in Tamil Nadu. In 2018, India was just one position behind the largest pharmaceutical industry in the world in terms of volume and despite numerous facing numerous headwinds, India’s pharmaceutical industry continues to grow at a healthy clip.

Broad Spectrum Clientele Global Calcium supplies the active ingredients to almost 90 of the top 100 pharmaceutical and biotechnology companies in the world as listed in the public domain. In many cases, supply agreements are strategic which include cross-exclusivity, technology partnering, and exchange of intellectual property.

Operations in 50 countries with over 1000 customers Global Calcium’s goal is to develop a genuine business partnership with clients to result in a win-win strategy. By combining its resources and expertise with its strategy pattern Global Calcium achieves product development objectives and successful completion of quality health formulations and products.

Global Calcium has one of the largest pharmaceutical spray drying units in India along unique reactors including a custom hydrogenation plant and a fully automated Agitated Thin Film Reactor. The company sells products ranging from a few dollars per kg to some of the most expensive pharma ingredients on a per kilo basis (USD half a million per kg) to cater to broader spectrum of clients.

Today the company produces over 120 products across several specifications. Being a pure B2B business, the company caters to numerous industries ranging from specialty veterinary companies to leaders in organ transplant devises.

The Company has a very rigorous customer complaint culture and on the majority of occasions, they have accepted a customer complaint or perspective even though the evidence points in the other direction they build their clientele.

The Focus is Niche Products with a dominant position Global Calcium focuses on niche products with a global or strong regional bias and aims to be 1st or 2nd in terms of market share. They generally avoid mainstream nutraceu-

Innovation with custom hardware and software Global Calcium was one of the first nutraceutical companies in India by generating 100% of its power requirements through its windmill farm and electronically trading the

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positive carbon credits. They have micro customized software across all the areas of the organization. Hereby, they formally have a data analytics department that helps them to predict unusual trends (positive and negative) and allow them a better sense of preparation. Global Calcium prioritizes Research and Development over everything else; companies today are well aware that only with superior R & D can they continue to innovate and deliver international-quality products. They spend 20% of their annual income on core R&D which is almost twice the industrial average. This has been a core driver in their growth story. Employees Feel Leader themselves Effective migration of employee evaluation from pure qualitative to a hybrid mechanism that includes a strong quantitative component.

“Before you become a leader, success is all about growing yourself. After you become a leader, success is about growing others.” Jack Welch Despite having close of approx. 2000+ employees, everybody has equal access to the CEO whether he is a senior director or a housekeeping staff. All requests are effectively screened by a team trained to imbibe the same cultural ethos. Use of technologies like IoT, AI, and Big Data to address Volatility Since the company is run by a CEO who holds an MSc in Risk Mathematics from the London School of Economics, the culture of big data has been enshrined for several years now. They also develop their proprietary simulation models in evaluating different scenarios. This is critical when the company has more than 500 unique raw materials that it imports from various parts of the world, that in turn are susceptible to various volatility drivers

“As more and more artificial intelligence is entering into

the world, more and more emotional intelligence must enter into leadership. Amit Ray

”

Favourite books of Key Officials 3 books/philosophies that stand out are “The art of war” and the Trillion Dollar economy. In terms of current schools of strategy, Global Calcium is heavily engaging consultants on “Deep Blue Strategy” and “The Balanced Scorecard Approach”. Achievements and Milestones of Influential Leaders Over 100 national and international awards including awards made by the President and Prime Minister of India for excellence in nutraceuticals and as a foreign exchange earner. The one they are most proud of is when they received an award from the United Nations frame of Climatic Change for being a champion in Environmental Sustainability. The Future is Chalked Out A core part of their short strategy is managing the supply chain disruption caused by external factors by investing heavily in vertical integration. Along with that a hyper-aggressive research team in ensuring the best-in-class quality on tangible parameters. From a long term perspective, their vision is to be the first company in Asia to manufacture its own finished dosage form of organ storage solutions. Currently, they are at a prohibitive cost in India and other 3rd world countries. GlobalCalcium is the world’s largest producer for two of the key starting materials and hopes to make this a reality by 2025. Enlighten the world with innovation

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POTENTIAL GENESIS HR SERVICES LLP WORKS FOR THE PEOPLE DEVELOPMENT BY HONING THEIR SKILLS FOR THE PERSONAL AND PROFESSIONAL GROWTH

Krishna Ramamurthy -Krish

People Development Practitioner & Executive Coach

“

John Maxwell emphasizing on one of the traits of great leaders said, Leaders become great not because of their Power but, because of their ability to empower others.

Krishna Ramamurthy, a virtuoso, is a People Development Practitioner & Executive Coach. With his flair leadership, coaching skills and 30 years of enriched industrial experience, he peels out the hidden potential of people so that they can thrive fiercely in the personal and professional excursions. POTENTIAL GENESIS HR SERVICES LLP is a brainchild of the maestro- Krishna Ramamurthy that offers People Development Solutions and nurtures the individuals’ potential and capabilities by honing quintessential cognitive and non-cognitive skills. It was incepted on 16th February 2014 and was formally inaugurated on 24th July 2015 by the Children of SOS Children’s Village in Chennai.

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PURPOSE OF POTENTIAL GENESIS On the same notion, Potential Genesis focusses on individuals’ specific competencies. They closely introspect and analyze the actual requirements of individuals so that they can train and guide them in those specific areas through well designed strategies. They pay great heed towards the improvement of people’s competencies by providing those tools and techniques to self-evaluate their performance. Accessing own performance is pivotal and brings them closer to self-improvement and advancement.

You are essentially who you create yourself to be and all that occurs in your life is the result of your own making.

Competencies improvement falls into three levels such as Overall, Major and Detailed. For example, Communication can be an Overall Improvement that an individual wants. Major Improvement, covers the ability to influence others through the Power of Words. The detailed improvement involves conceptualization, presentation skills, writing abilities, etc.

Krishna Ramamurthy audaciously says, People have inherent potential to grow and excel; what they really require is the correct guidance and adequate space to explore.

Above was the exemplification of competencies improvement through a leveled structure, and the competencies may vary as per the individual’s needs.

There is a quote by Stephen Richards which talks about the importance of self-improvement and development.

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INDIA | WWW.INNOVATIVEZONEINDIA.COM | Vol.-1 | Issue -1 | October 2019 Enlighten the world with innovation

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In pursuit of contributing to the Himan Capital Index, Potential Genesis recently developed a ba Micro Size Learning product. The focus is on individual specific competency and specific development along with Mentoring by a supervisor, Self-learning, Coaching, etc. This supported has been provided by an online tool for seeking 360 feedback to measure the progress.

The other most indispensable attribute is to BE YOURSELF. Don’t try to copy others; BE REAL BE YOU.

HIGHLY PROFICIENT COACHES The fascinating fact about the company is that they develop their own coaches, who in turn train clients with the best of their expertise. They go through the crucial and intense program of training. Potential Genesis conducts 100 hours of a training program that extends over 6 to 8 months, and it is divided into 6 modules. Each module focusses on the strong assessment of coaching skills. Additionally, the company works strenuously hard towards PEOPLE DEVELOPMENT.

People Development covers Creativity, Communication, Team Building, Entrepreneurial Development and Industrial Development.

HOW THE ORGANIZATION WORKS? Potential Genesis focusses on three imperative strandsPeople Development, Executive Selection and Executive Coaching.

Through Executive Selection, companies can find the right fit for leadership positions. People, at Potential Genesis, possess the capability to administer well-known psychometric tools to assess and provide relevant feedback for leadership positions. It’s their enriching experience of selecting potential candidates for the leadership position that helps them to bring the best. They have exclusive experience in developing the internal talent pipeline and helping the organization to identify a strong succession planning pipeline. With their Continuous Professional Development and Assessments, companies have the highest probability of success in the selection and development of the employee.

They strongly believe in the fact that an individual’s thinking comes into the route of his or her growth. The entrepreneur asks, “Are we managing our brains or our brains managing us?” In most of the cases, the second instance seems true. Thus, Potential Genesis pays conscious attention towards developing a growth mindset as our thoughts direct actions. They help people in understanding their own thought processes so that they can manage their thinking well for individualistic growth and development.

Additionally, Potential Genesis offers Executive Coaching, Team Coaching and ICF Coaching accreditation. VISION AND MISSION Potential Genesis operates with the vision of Igniting Potential and mission to design the Customized People Development Solutions for your business progress.

Potential Genesis serves clients with empathy and always prioritizes their needs. Employees’ trust and their connectedness with them set them apart and prove to be quite beneficial in ensuring their crucial faith in the company. They, at Potential Genesis, value each of their clients and make them feel important.

Catering to the needs of individuals, the company offers standardized and qualitative services and to offer them, it has an affiliation with a number of global organizations. This gives them the strategic advantage to design, develop and offer the ‘Fit for Purpose’ solution. At Potential Genesis, they are quite passionate about developing a Holistic solution for their customers.

ENTREPRENEUR’S VIEWS ON LEADERSHIP Leadership is a trait that evolves and nurtures from the experiences and learnings in the excursion. Leaders embark on the journey through technical competency. From the technical skills, they head towards human skills. It is a process of crucial transition. Standing at the threshold of management, learning of conceptual skills happens, which includes planning of strategies, decision making, problem solving, etc.

TECHNOLOGY DISTUIRBS THE WORK-LIFE BALANCE Dependence of humans over technology weakens the work-life balance that causes conflicts, confusion, stress, and a lot of other issues. Krishna Ramamurthy believes in the connectedness with people more than a connection with the technology.

A capable leader ought to understand this transition. The leader should work towards adding value to the organization and society. Leadership is a process that includes making errors and learning from them. An efficient leader trains and mentors others to uplift and empower them. A leader should be empathetic and work with humility so that people are comfortable with him/her. 39

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Enlighten the world with innovation

He says, Social Intelligence and ability to work with people are ultra-important in these contemporary times.

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Thus, at Potential Genesis, they encourage the culture of accepting others, inculcate empathy, and prioritize human connection over a virtual one. 35

INDIA | WWW.INNOVATIVEZONEINDIA.COM | Vol.-1 | Issue -1 | October 2019

INDIA | WWW.INNOVATIVEZONEINDIA.COM | SPECIAL EDITION | JUNE 2020

IZM REVIEW

Summer Season

The Month of Happy times and Good Sunshine

ith the arrival of sunny weather, the first and foremost thing which comes in mind is about the adventurous summer camp. Summer camps are the best business models for sustainable engagement of kids (age group 4-14 years) or youths (age group 15-29 years) to pursue creative leisure activities (hobbies), promote healthy lifestyles (discipline, punctuality, etc.) and learn tools and techniques to apply to your own business idea, school project, leadership opportunities, or volunteer experience opportunities. The activities in summer camps involve training kids or youths in multidisciplinary programs like reading, writing, calligraphy, theatre, photography, gardening, game development, coding, camping, trekking, music, dance, science, technology, engineering, arts, mathematics, robotics, tourist adventure, etc. for enjoyment and personality development. In recent years, there has been a significant upsurge in the number of summer programs in major cities of India (Delhi, Mumbai, Pune, Hyderabad, and Gurgaon) which has established a firm foothold in the education Start-ups industry. In the last year, the initiative of Google India for an educational summer campaign across the country was an innovative idea in which it partnered with “Kidzania, Global learning and entertainment brands in the world” to setup a “Summer with Google” experience zone where kids were encouraged in a virtual tour and taught the essentials How to be safe on the internet. Every Professional or Entrepreneur and their family in today’s busy world are so much engaged in their office work that it becomes inevitable for their kids to be sent to summer camps for pleasure and learning. Kids truly require fun time to beat the heat of summer. Here are some vital reasons discussed Why Summer camp can be a good option for business? Enlighten the world with innovation

INDIA | WWW.INNOVATIVEZONEINDIA.COM | ISSUE-7 | JUNE 2020

Favorable features of Kids or Youths Summer Camps It is related to maintaining Good Health The well-being of Kids are maintained when they participate in the summer camps. These camps allow them to live in a natural ecosystem which helps develop natural immunity in them and increase their awareness towards the environment, hygiene, and good nutritional habits. In addition, they also perform various physical activities and exercise like climbing, swimming, etc. which help them reduce stress and enhance mood. Outdoor physical activities improve the overall well-being of the kids. It is related to developing Lifelong learning skills The camps provide top facilities, equipment and instructions to the kids for playing different games and sports. It helps in building healthy bones and muscles, improves sleep, boosts self-esteem and lowers the risk of Obesity. It is related to developing Companionship skills In camps, the child gets an opportunity to interact with many other children belonging to different social, cultural, and financial backgrounds. By sharing the things, respecting and cooperating each other, resolving their disagreements, they learn to live in harmony with each other. This makes their experience at the camps memorable. It is related to developing Independence The summer camps develop an independent attitude in kids. As they have to self-manage their work in the camp, they learn the lessons on how to work independently. A summer camp is sure to make him or her learn to be selfreliant. Drawbacks of Kids or Youths Summer Camps The camps may expose the child to some unwanted thoughts and beliefs, the ability to judge between the good and bad might be challenging for kids at times. The kids involved in physical activities are physically very tiring and emotionally exhausting. Moreover, such camps due to poor hygiene could lead to a few other health-related issues. In general, Summer camps can be a wonderful way to expose kids or youths to diverse creative and engaging activities. Hence, the prospect of summer camps is increasing for their involvement in the holistic development of the individual. With the summer arrival, all is green and growing, Young entrepreneurs may plan for Summer camps to enrich their academic profile along with personality development that is not related to their routine work. Also, it is one of the top business ideas as the importance of utilizing summer vacation is increasing nowadays because of increasing awareness among parents who are more conscious and generous and wish to have suitable planning for their kids to make them enjoy summer holidays. Recent Start-up Summer Camps International Innovation Camp of Youths has brought together the career path guidance through entrepreneurship, innovation, and leadership from around the world. Enlighten the world with innovation

INDIA | WWW.INNOVATIVEZONEINDIA.COM | ISSUE-7 | JUNE 2020

THE

MOST TRUSTED

HR CONSULTANTS IN INDIA 2020

P. S INTERNATIONAL

A PROFESSIONAL HR MANAGEMENT CONSULTANCY: WHERE COMPETENCE SPEAKS VOLUMES The consulting industry is immensely fragmented. Here are the top 3 things that more than 70% of the organizations look for while hiring the services of professional HR management consultancy 1. The services must cater to a range of HR consulting services: These services besides being solution focussed should also be proactive ensuring the inline delivery upon the requirements of the organisation 2. Design HR strategy to stress on the core areas of HR: This must lead to a better internal human resource and people management framework which is linked with the future of HR policy and practice within the Organisation. 3. HR Management must see each particular of HR: From recruitment to induction to review and retention meet Organisational needs for both short as well as the long term. Whether it’s SMEs, startups or larger organizations with multiple locations, leveraging an HR Management consultancy firm may be the trigger that can take your business to the next level. NEED A HELPING HAND WITH YOUR HUMAN RESOURCES PRACTICES? It may be time to consider meeting the team of P.S International to map out a strategic HR Management consultancy plan for your company. A powerful client base of more than 550+ companies across the nation is a testimony to its brand value. P.S International is an established consulting and recruitment firm that has been serving major clients in • Information technology • Non-IT Engineering • Metals And Alloys • Banking & Insurance • Education • Agro-Based • Pharmaceuticals • Human Resources and • Corporate Solutions.

PREETI JAIN Director, P. S International Enlighten the world with innovation

INDIA | WWW.INNOVATIVEZONEINDIA.COM | ISSUE-7 | JUNE 2020

P.S International HR consultants were recently featured in national daily- Hindustan Times for HR trends in 2020. RANGE OF SERVICES The company offers a range of services on a national basis to both large, mid-sized companies or start-ups in the Information Technologies, manufacturing, wholesale, distribution, service, construction and industrial related industries. More than 60% of clients are from the IT industry. The team fulfills the industry requirement of the latest skills in IT industry like PHP Developer, Android Developers, Wordpress, UFT Developers, REACT JS Developers, Java Developers, ZOHO Developers, Full Stack Developers, Middle Ware, Project Managers, etc. For Non-IT and Manufacturing domains the team serves the requirement of technical resources from the executive level to Top Management. AN OVERVIEW OF THE EXPERTISE • Recruitment from Executive level to C level • Payroll Management • PMS (Performance Management System) Design and implementation • Training and Compliance TAKE A VIEW ON FUTURE PROSPECTS Ms. Preeti Jain, the director at P.S International in conversation with the team of Innovative zone believes that the company has a fantastic client base which is expanding aggressively because of the services, quality of work and the commitment to provide timely services. She appreciates the initiatives made by the Indian Government and measures like reduction of corporate tax and ease of working have helped the firm to grow exponentially. Want to know more about this promising company? We had a conversation with the Director to bring you some exclusive insights on how they work, what they believe in and the business challenges. Here’s a quick glimpse. WHAT DOES P. S INTERNATIONAL OFFER NEW IN THE MARKET? Our company offers customized value propositions to our clients. As far as the recruitment part is concerned, we first understand the client’s requirements and provide them the most relevant match of resources to save their time and cost. We value our client business needs and serve our clients speedily as our tagline is “Prompt and Best”. Many MNCs having their head office in the USA, the UK and other countries are our clients to avail of our services for India operation because of our specialized team working hard to cater to such companies for their critical requirement. An in-depth field knowledge, online selection facility, vast candidate database, well trained and efficient staff and the best-suited candidate for any vacancy speaks volumes for the brand.

Enlighten the world with innovation

WHAT CHALLENGES DO YOU SEE IN THE HR INDUSTRY? The first and foremost challenge is, still the industry is unorganized. There are thousands of HR recruitment consultancies in India which do not follow a standard services charges system. The recruitment service part of the HR industry works on a credit system of 30 days to 90 days or more than this but to get payment on time is challenging. To curb such companies there are no associations for HR where you can highlight such companies and request proper actions against them. These companies enjoy using different recruitment agencies to fulfill their requirements without any fear. OTHER CHALLENGES ARE: Attracting Top Talent Attracting and retaining the best resource for the client takes a lot of time, effort and HR consultant resources. Consistent Skill Upgradation Identification of skill development, design of the proper skill development program and implementation of the same is the biggest challenge for the HR industry. Today most of the employees leave their jobs because of a lack of training and skill development as required for the business. Change Management Today’s HR faces the following challenges for organizational change management like Resistance and lack of support for change in policy and system of the organization. Resistance to navigate from the comfort zone in the organization and Cultural change. WHAT MESSAGE WOULD YOU LIKE TO GIVE TO THE INNOVATIVE ZONE READERS? I believe that HR is the backbone of any industry. For the growth of the organization, HR functions and role of HR consultants are of utmost importance for sourcing resources to fulfill the job requirement, identify training needs, design of training needs and implementation, proper set up of targets and goals of each employee in the organization and implementation of PMS in the organization. Last but not least for hiring and retaining the best talent in the industry, employer branding in terms of organizational policy and procedures is significant as the best talent always prefers to associate themselves with such organizations. In the coming time, HR functions will be mostly AI-driven and therefore organizations will need to prepare themselves for this change to keep up with the pace of changing trends in the industry.

INDIA | WWW.INNOVATIVEZONEINDIA.COM | SPECIAL EDITION | JUNE 2020

IZM REVIEW

WAYS TO BUILD

A COMPANY CULTURE

THAT PROMOTES AND RETAINS WOMEN AND MINORITIES Most of the Companies have been trying to improve their diversity at workplace, from decades this problem is in concern. The most common techniques among all are promoting the workplace for women and minorities who are working under the suppression and bias. The numerous women and other people who are facing discrimination by the leadership roles are still staggeringly low across every industry. Therefore, we need some of the ways and new techniques, for making the work culture sound and systemic to the ways businesses are run. Hereby, many companies focus on making the small adjustments on to how performance and evaluations are done, but a very few works for the equality in workplace. Let us discuss 5 ways by which you can build a companyâ&#x20AC;&#x2122;s culture that promotes and retains women and minorities:-

Make a Council Consider the team meetings by forming a council that comprises a dedicated group of key officials and influential leaders who are one or two levels below the CEO i.e. Managers and team leaders. For making the best ethics which are in favor of feminism majority and other minorities, these official can listen and act well to maintain the ethical chain. The company must carefully select them for their passion and commitment to inclusion. Some of the executives should also host, office hours where every employee can walk in and talk to anyone by one-onone understanding. The company needs to block one to two hours on their calendar monthly for such office hours and make it known at the hands of company. Some of the Tools like Culture amp and Survey monkey are very helpful in surveying employees at scale, but be intentional in what youâ&#x20AC;&#x2122;re looking to measure and improve.

Make Policies and Ethics Some of the attracting policies for the employees like flexible working hours, proper ways like the ability to work remotely, and most importantly, being able to take the time off, when they have some important life events or circumstances. Every work culture needs to allow their people to be themselves and to provide necessary freedom of speech whenever you do not feel to say matter. Therefore, if someone having care benefits, especially pregnant women- like childcare or maternal sabbaticals leaves. It should be always a flexible leave for employees to take care of a family member or ill loved ones to go a long way in making employees feel supported and build loyalty. These are just a few suggestions; invest in listening to your people and understand what will make their life less difficult. Enlighten the world with innovation

INDIA | WWW.INNOVATIVEZONEINDIA.COM | ISSUE-7 | JUNE 2020

Focus on the middle manager You can keep on focus by adapting some of the new policy time to time that strengthens the trust and communications between supervisors (Middle Manager). Those feminine and minorities that work under them, a real manager always helps to improve the work culture for all parties involved. That took an emplacing to those, who are in middle management positions and can provide a company with a clear sense of the challenges that need to be addressed for employers. They should always ask their employees for referrals and team connectivity, since they will also have peers in the industry and some of the friends they want to make team. If any position is vacant or they know any the qualified candidate who may be looking for work then they can connect them with managers. This type of relationship can also help new employees adjust to the move by referrals.

Promote a clear vision of leadership The true vision of leadership starts from making sure that the women of the workplace can see themselves as leaders at your company if they are in a good position. The company itself is to be sure that your definition of a leader isn’t so narrow that it excludes ethnically diverse women and unprivileged persons. For those instincts, you need to provide the “Diversity” training in your workplace. Therefore, all the employees should understand the hiring decisions are based on finding the best candidate not by bias and not by any quotas. Making the recruiting process more transparent can help ease the minds of employees and gives a clear vision to your business idea.

Beneficial flexibility to the workforce You have to encourage the current leaders at your company for taking the extra step to connect with employees by all means. Employees who are culturally and racially different from them, rather than expecting them to suppress or change in order to fit the majority of the office culture leaders must have mold and culture others for them. They can easily offer the benefits such as onsite day-care things, childcare subsidies which include the flexible schedules, and also let new hires know the fact that your company is willing to accommodate your cultural and religious holidays and you will get a diversity-friendly workplace apparel choices.

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INDIA | WWW.INNOVATIVEZONEINDIA.COM | ISSUE-7 | JUNE 2020

Enlighten the world with innovation

INDIA | WWW.INNOVATIVEZONEINDIA.COM | SPECIAL EDITION | JUNE 2020

Enlighten the world with innovation

INDIA | WWW.INNOVATIVEZONEINDIA.COM | SPECIAL EDITION | JUNE 2020

Enlighten the world with innovation

INDIA | WWW.INNOVATIVEZONEINDIA.COM | SPECIAL EDITION | JUNE 2020