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r o m E d i t o r ’ s D e s k
WelcometothelatesteditionofTheEnterpriseWorldmagazine,wherewepresentour esteemedreaderswithacompellinglineupofinfluentialbusinessleaderspoisedto makesignificantstridesin2024.Inthisspecialissuetitled"TheMostInfluential BusinessLeaderstoWatchIn2024,"weshowcasethevisionaries,innovators,andtrailblazers whoarereshapingindustriesanddrivingchangeonaglobalscale.
Aswenavigatethroughtheever-evolvinglandscapeofbusinessandentrepreneurship,itbecomes increasinglyvitaltorecognizeandcelebratetheindividualswhoareattheforefrontofdriving innovation,fosteringgrowth,andinspiringotherstoreachnewheightsofsuccess.Thisissueis dedicatedtohighlightingtheachievements,strategies,andleadershipphilosophiesofthese remarkableindividualswhoareshapingthefutureofbusiness.
Fromdisruptivestartupstoestablishedcorporations,theleadersfeaturedinthisissuehailfrom diversebackgroundsandindustries,eachbringingtheiruniqueperspectiveandexpertisetothe table.Throughexclusiveinterviews,insightfulprofiles,andthought-provokingarticles,weoffer ourreadersaglimpseintothemindsoftheseinfluentialleadersandthestrategiesthatpropel themforward.
Inaworldmarkedbyrapidtechnologicaladvancements,shiftingmarketdynamics,and unprecedentedchallenges,theroleofinfluentialbusinessleadershasneverbeenmorecritical. Theirabilitytonavigateuncertainty,driveinnovation,andleadwithintegrityservesasabeacon ofinspirationforaspiringentrepreneursandseasonedprofessionalsalike.
Joinusasweembarkonajourneytodiscoverthestoriesandinsightsof"TheMostInfluential BusinessLeaderstoWatchIn2024."Weinviteyoutoimmerseyourselfinthewealthof knowledgeandinspirationsharedbythesevisionaryindividualsandtobeinspiredbytheir remarkableachievementsandcontributionstotheworldofbusiness.
ThankyouforbeingapartofTheEnterpriseWorldcommunityaswecelebrateandhonorthe leaderswhoareshapingthefutureofbusinessanddrivingpositivechangeinourworld.
Shalmali W.r o m E d i t o r ’ s D e s k
Forthecoverreadabout-
JoiningHyTechProin2009, broughtawealthofexperiencefrom Garg renownedcompaniessuchasSopraSteria,BarclaysBank,andGECapital.In theinitialphase,HyTechProoperatedwithapproximately40to50employees, primarilyengaginginsmall-sizedprojects.Reflectingontheindustry landscapebetween2007and2012,thecompanyfocusedonmobilityand open-sourceprojects.However,theseendeavorsfacedachallenge—shortlivedprojectsthathinderedcustomerretentionandrecurringbusiness opportunities.
Recognizingtheneedforsustainedgrowth,Garginitiatedaculturalshift withinHyTechPro.Understandingthecriticallinkbetweenthecompany’s growthandcustomerexpansion,hespearheadedthedevelopmentofa standardizedprocess.Thisinvolvedimplementingprojectmanagementand automationtoolstoenhanceefficiencyandstreamlineoperations.The concertedeffortssecuredsignificantaccountsandpavedthewayforrecurring business.
Initiatedin2012withsmallteams,theseaccountshaveflourished,boasting40 to50memberseach.Garg’svisiontopositionHyTechProasaone-stop-shop forclientshascometofruition,facilitatedbyarobustmethodologyand dedicatedcustomerservice.Thecompany’sgrowthtrajectory,markedbya commitmenttoprocessexcellenceandclientsatisfaction,underscoresGarg’s strategicleadershipatthehelmofHyTechPro.
NEERAJ GARG
SteeringHyTechPro’sAscendancywithVision
THE LAND OF RICH HISTORY
Bear Butte State Park Pow Wow Festival Sica Hollow State ParkWasna - It is a combination of dried buffalo meat, cranberries, and meat. The word wasna is a Lakota word that means all mixed up.
Pheasant and Walleye - Walleye is a freshwater white sh that is prepared by baking, boiling, frying, or grilling. While Pheasant is prepared by garnishing with herbs and vegetables before roasting.
Indian Tacos - The taco with a twist. Instead of traditional shell or tortilla, Indian tacos are served on fry bread and use bison meat.
Investingisnoteveryone’scupoftea,andtherehavebeenfarlesssuccessful
stories.Naturally,whenitcomestoinvesting,youcan’thelpbutdraw inspirationfromMichaelBurry.Justayoungboy,tryingouthishandin investingwhileinmedicalschool,MichaelBurrycaughtthespotlight,wherehis nameevenreachedhighlyregardedcompanieslikeVanguard.
MichaelBurrythenwentontoshortthehousingmarket,wherehemaderoughlya $100million.HewasalsooneofthemaincharactersinanOscar-winningmovie–TheBigShort.Now,ifyouhaveseenthemovie,youmusthavewonderedwhatit wouldtaketoinvestlike‘the’MichaelBurry Whileitmaynotbeaseasyasit seems,letustakealookathisportfolioandhisuniqueapproachtoinvesting.
ScionCapital’sQ32023Investment:$4.3million
AlibabaGroupHoldingLimited(NYSE:BABA)isabigonlinesellerandtech companyworldwide.It'sratedStrongBuyandanalyststhinkitsshareprice couldgoupby$57,aimingforanaveragesharepricetargetof$140.
InJune2023,outof910hedgefunds,112ownedsharesofAlibabaGroup HoldingLimited(NYSE:BABA).ThelargestofthesewasDavidTepper’s AppaloosaManagementLP,withasignificantinvestmentworth$372million.
ScionCapital’sQ32023Investment:$4.6million
BookingHoldingsInc.(NASDAQ:BKNG)isacompanythatprovidestravel services.It'sinterestingtonotethatMichaelBurryhada$4.6million investmentinthecompanyasofSeptember2023,buthealsohadputoptions worth$7.7million.ThissuggeststhatBurrymightbeanticipatingadropinthe stockpriceandhastakenstepstoprotecthisinvestments.AlongsideAlibaba andJD,BookingHoldingsInc.wasanewadditiontoScion’sinvestment portfolioinQ3.
InQ22023,78outof910hedgefundshadinvestedinBookingHoldingsInc. (NASDAQ:BKNG).ThelargestshareholderatthattimewasArrowstreet Capital,ledbyPeterRathjens,BruceClarke,andJohnCampbell.Theyowned 511,104sharesvaluedat$1.3billion.
ScionCapital’sQ32023Investment:$4.8million
StarBulkCarriersCorp.(NASDAQ:SBLK)isaGreekcompanythatshipsdry bulkcargo.Itssuccessistiedtoastrongglobaleconomy,andanalyststhinkits sharesareaStrongBuyonaverage,withanaveragepricetargetof$23.97.
IntheJunequarterof2023,portfoliosof910hedgefundswereanalyzed, revealingthat15hadpurchasedsharesofStarBulkCarriersCorp. (NASDAQ:SBLK).HowardMarks’OaktreeCapitalManagementemergedas thelargestinvestoramongthem,withsharesvaluedat$461million.
ScionCapital’sQ32023Investment:$6.9million
NexstarMediaGroup,Inc.(NASDAQ:NXST)isanAmericancompanythat focusesontelevisionandbroadcasting.Dr.Burryhadasignificantincreasein hisinvestmentinthecompanyduringthethirdquarter,boostinghisholdingsby 225%,whichwasoneofthelargestjumpsseen.Additionally,analystsratethe company'ssharesasaStrongBuy,withanexpectedaveragepriceincreaseof around$55.
AsoftheendoftheJunequarterin2023,30outof910hedgefundswere investorsinNexstarMediaGroup,Inc.Thelargesthedgefundshareholderat thattimewasAmyMinella’sCardinalCapital,withholdingsvaluedat$129 million.
ScionCapital’sQ32023Investment:$7.6million
StellantisN.V.(NYSE:STLA)isamongthelargestcarmakersglobally Currently,thecompanyisaddressingtheaftermathofsignificantunionstrikes intheUnitedStates.Tomanagethis,it'sofferingbuyoutoptionstoworkers, aimingtocreatefinancialroomforproducingelectricvehicleswhilealso honoringunionagreements.
Inthesecondquarterof2023,27outof910hedgefundshadinvestmentsin StellantisN.V.(NYSE:STLA).Thelargeststakeamongthesewasheldby ArrowstreetCapital,ledbyPeterRathjens,BruceClarke,andJohnCampbell, valuedat$420million.
Marketing Strategy of J&J:
Johnson&Johnsonisoneofthebestmultinationalcorporationsthatoperatesinvarioussectors likehealthcare,pharmaceutical,consumergoods,andmore.Thecompany’sproductstreata widerangeofconditionslikecancer,cardiovasculardisease,andinfectiousdiseases.Itleadsthe medicaldeviceindustrytoo.Inthecontextofglobalmarketingstrategy,thecompanyhaskept upwiththetimesandhasestablishedastrongnetworkfordistributionpurposes.
Let’sgothroughsomemarketingstrategiesofJ&J:
Branding and trust building:
Astrongbrandthatshowscontinuousgrowthisboundtomakeitbig.Despitethefierce competitioninthemarket,Johnson&Johnsonhasbeensuccessfulinraisingthebar constantly.Consumersloverelatabilityandemotionalconnectionwhentheyseeacommercial. The“Band-AidBrand”campaigndidjustthat.Thecompanyprioritizesauthenticitytothe fullest.Anytypeofcustomerissuesareaddressedimmediatelywhichdepictsaccountability andintegrity.
Innovation and Research:
Johnson&Johnsonholdshighregardforresearchandinnovationaspartofitsmarketing strategy.ItinvestsheavilyinR&Dtodevelopproductsthatsolveconsumers'issuesdaily.E.g. theEbolavaccine.Itwasdevelopedrapidlyinashortperiodinresponsetothe2014-2016 WestAfricanepidemic.Thecompanyconductsregularclinicaltrialsandevidence-based marketingtosupportthepotencyofitsproducts.Thecompanyacknowledgesthefactthat ideascanbegeneratedfromanywhereandeverywhere.Hence,theyencourageexternal contributionsviacrowdsourcingplatformslikeInnoCentiveandJLabs.IntellectualProperty Rightsaresignificantlyregardedasforsecuringpatents,trademarks,andcopyrights.
Multi-channel marketing:
Multi-channelmarketingisaninclusiveapproachthatmakesuseofmultiplecommunicationplatformsand pointsofcontact.Thebrand’somnipresenceondigitalmediumslikesocialmedia,onlinechannels,search engines,ande-commercewebsitesmakesthebrandreachahumongousnumberofpeople.Theengagement ratesandvisibilityofdiverseaudiencesareimmense.
Partnerships and Collaborations:
Researchcollaborationswithacademicinstitutions,researchorganizations,andnon-profitfirmscome togetherwithJohnson&Johnsontoconductin-depthresearchandscrutinytodevelopinnovativesolutionsto facemedicalchallenges.Allianceswithdistributors,wholesalers,andretailchainsaroundtheglobeprove significantincapturingtheattentionofaglobalaudience.Thesepartnershipsprovidemutualbenefitsto leveragetheirrespectivestrengthsandnetworks.
Competitors:
1. Pzer
Ÿ Producttype:Pharmaceuticaland medicalequipment
Ÿ Industry:Healthcare
Ÿ Revenue:$12.734B(June30,2023)
Ÿ MarketCap:$191.62B(September11, 2023).
Pfizerisoneofthelargestpharmaceutical andresearch-basedcompanies.It manufacturesvaccinesandmedicinesfor manyareasofmedicineincludingoncology, cardiology,immunology,diabetology,and manymore.Tomanageitscommercial operationsthecompanygetshelpfromits twobusinesssegments,namely,Pfizer InnovativeHealth,andPfizerEssential Health.ThecompanyhasanexcellentR&D wingthatcomesupwithexcellentand innovativeproducts.
2. Novartis
Ÿ ProductType:Pharmaceuticalandmedical equipment
Ÿ Industry:Healthcare
Ÿ Revenue:$13.936B(June30,2023)
Ÿ MarketCap:$210.35B(September12,2023)
5. Roche
NovartisisaSwisspharmaceuticalcompany headquarteredinBasel,Switzerland.Itis consideredasoneofthelargestinthepharmacy sectorbysalesandmarketcapitalization.It producesmedicinesforrespiratoryandinfectious diseases,neuroscience,dermatology,urinaryissues, visualissues,andanimalhealthproblems.Themain focusofNovartisistoresearch,develop,and promotethoughtfulproductsrelatedtomedicine thatwillhelptocurethesufferingofpeopleand helpthemleadabetterqualityoflife.
Ÿ ProductType:Pharmaceutical andmedicalequipment
Ÿ Industry:Healthcare
Ÿ Revenue:$69.608B(2022)
Ÿ MarketCap:$231.58Billion (September2023)
3. Bayer
Ÿ ProductType:Pharmaceuticaland medicalequipment
Ÿ Industry:Healthcare
Ÿ Revenue:$15,445B(March31,2023)
Ÿ MarketCap:$54.19B(September2023)
4. Merck
Ÿ ProductType:Pharmaceuticalandmedical equipment
Ÿ Industry:Healthcare
Ÿ Revenue:$15.035B(June30,2023)
Ÿ MarketCap:$275.57B(September12,2023).
Alifescience,andpharmaceuticalcompany, basedinGermany,Bayer,isheadquartered inGermany.Itisamultinationalcompany withitscoreskillsinthelifesciencefields ofagricultureandhealthcare.The organization’smainbusinessideaincludes veterinary,humanmedicines,agriculture chemicals,andbiotechnologyproducts.The organization'smainstrengthliesinthe productsrelatedtopediatricvitaminsand dietarysupplementswhichhaveatotalshare of25%.
Oneofthelargestpharmaceuticalcompaniesinthe world,MerckisheadquarteredintheUnitedStates. Itwasfoundedintheyear1891;itisaglobal healthcarecompany.Thecompanyprovidesvarious healthsolutionsthroughitsvaccines,medicines, andanimalhealthproducts.TheAnimalHealth segmentproducesandsellsanimalhealthproducts, includingvaccines.Theyaresoldtoanimal producers,veterinarians,anddistributors.The Company'sHealthcareServicesofferservicesand solutionsthatwillfocusonengagement,health analytics,andclinicalservices.
TheSwisshealthcarecompany,Rocheoperatesworldwideundertwodivisionsi.e.Diagnosticsand Pharmaceuticals.Rocheisoneofthepioneerstocommencetargetedtreatmentsforpatients.Withits strengthinpharmaceuticalsanddiagnostics,thecompanyispreparedwelltopromotecustomized healthcare.Two-thirdsofthediagnosticsprojectsarebasedontheirresearchanddevelopment.The companyboastsofproducingavarietyofantiretroviraldrugsandHIVtests.
Overview:
BambooHRisacloud-basedhuman resource(HR)softwarecompany The company’sflagshipproductisanHRIS (humanresourceinformationsystem) thatstreamlinesHRfunctionssuchas:
Founder: Ben Peterson and Ryan Sanders
Headquartered:
Website:
https://www.bamboohr.com/
EmployeeData Management
Time Management
Benefits Administration Performance Management
BambooHRworkswithorganizations ofallsizes.Thecompanyfocuseson workplaceculture,continuoussoftware development,anduser-friendly, scalablesolutions.
ProsandCons:
Itisknownforitsuser-friendlyinterfaceandefficienttime-offrequestsystem.UsersappreciateitscentralizedHR informationhubandresponsivecustomerservice.However,somehavefacedchallengeswiththepayrollfeatureand interfaceconvenience.ThisoverviewprovidesinformationonBambooHR'sstrengthsandareasforimprovement.
BambooHr Plans:
Advantage Plan:
Thisplancosts$8.75permonthfor advancedstrategicHRneeds,which includesfeatureslikeemployee onboarding,advancedreports,andmore.
Essentials Plan:
Thisplancosts$5.25permonthfor basicHRfunctionswhichis100% web-basedwithstandardaccesslevels.
Bothplansallowadd-onsforpayroll,performancemanagement,andtimetracking,providingflexibilitytotailorHR solutionstospecificorganizationalneeds.
Customer Reviews:
"EverythingIneedinoneplace":IlikethatIcanviewmypaydetailsincludingwhat'stakenoutfortaxesand mytaxforms.IwasabletogetmyW2directlyoffofBambooHRwhichwashelpful.Ialsoreallylikebeingable toseewhoisoffthatdayandupcomingcompanyholidaysIthinkitsolvestheproblemofcomplicatedinputof hoursandnotknowingexactlyhowmuchofmypaycheckwillbedeductedfortaxes.Inputtingmyhoursissuper easy,andIlikethatittellsmemytotalhoursforeachweekandeachpayperiod.Ialsolovethatittellsmewhat percentageofmypaycheckisdeductedfortaxes.I'veneverhadthatbefore,anditmakesiteasytoknowexactly whatwillbeonmypaycheck.
"User-FriendlyHRSolutionwithaFewManagerialLimitations":I'vebeenusingBambooHRatmy organization,andoverall,it'sbeenavaluabletoolformanagingvariousHRprocesses.Theinterfaceisuserfriendly,makingnavigationabreeze.Thehiringfeaturesareastandout,streamliningtheentirehiringprocess andensuringasmootherexperienceforbothrecruitersandcandidates.BambooHRhasaddressedseveralcritical issuesandstreamlinedessentialHRprocesses.Onenotablebenefitisitsefficiencyintimemanagementand tracking,providinganaccuratesystemforpayrollprocessing.BeforeBambooHR,wehadphysicaltimecards. Thehiringprocesshasbeentransformed,withBambooHRofferingfeaturesthatenhancerecruitment,makingita breezetomanageandonboardnewteammembers.Overall,BambooHRhasincreasedefficiencyandstreamlined theworkflowforourteam.
"Greatapp,superuserfriendlyandeasytonavigate.”: WhatIlikemostaboutBambooHRisthatIcan easilyclockinandout,scheduletimeoffforreview,andviewotherusers'timeoffonthecompanycalendarto knowhowtoplan.Themessage/announcementaspectisgreattoosothatimportantinfocangeteasily communicatedtothewholeteam.AsauserIappreciatebeingabletoviewmyexactaccruedhoursfortimeoff, andbeingabletotakethosehoursoutasIrequesttimeoffmakesitsupereasytoknowhowmanyhoursIhave lefttouse.
1.IsBambooHrsafetouse?
Ans:BambooHRencryptscustomerdataduringtransmissionandatrest,hostingitinthe UnitedStates,Canada,orIrelandbasedoncustomerpreferencesandlegalrequirements.
2.WhatisuniqueaboutBambooHR?
Ans: BambooHRhasitsadd-onpayrollsolutionthatallowsdatatoflowautomatically
3.WhichcompaniesuseBambooHR?
Ans: ThissoftwarehasbeenusedbymanycompaniesincludingDoorDash,DutchBros Coffee,andFurnitureRow.
4.IsBambooHRanERPsystem?
Ans: BambooHRisanEnterpriseResourcePlanning(ERP)softwareenablingbusiness managerstoadministratetheircompaniescorrectly.