Synergy 2015: Vol. 14 - December 2015 by ON-LYNE

Vol. 14 | Dec., 2015

Corporate Social Responsibility | Indian Diaspora Makes India Proud

Journal of the World Zarathushti Chamber of Commerce

Exclusive

Enterprise Dubai Gala Awards

PLUS • • • •

World's Top Six Brands UAE - India Multi-dimensional relationship Leadership and the road ahead Godrej Legacy and winning in India

DRIVEN BY TRADE 600

Businessmen and professionals from around the world gathered to explore business and career opportunities that Dubai offers as it prepares itself to host the World Expo 2020. We bring you the highlights.

Business Startup Competition | Travel destination - Goa | WZCC AGM & Awards

Message

An Event we are thankful for

Welcome to the 14th issue of SynergyZ. It has been 11 years since we started the journal. Time has simply flown by. Looking back, we are pleased to see SynergyZ progressing well and becoming one of the best-inclass journals. We hope to bring you more inspiring issues in the future. This issue is commemorative. The spotlight is on the mega event ‘Enterprise Dubai,’ a Business Conference that took place from 19th to 21st December, 2014 at the Crowne Plaza Hotel in Dubai, and did not disappoint us at all. We welcomed 600 professionals and businessmen through the doors of the Jumairah Ball Room, offering them an exclusive platform for networking and exploring business and career openings as Dubai prepares itself to host the World Expo 2020. On live stage, we featured plenary sessions, panel discussions, awards ceremony, fashion show, business contest, entertainment programs, quizzes and a lot more…

SynergyZ, December, 2015

An exclusive area was demarcated for exhibitors. Top brands like Dubai Duty Free; Godrej; Titans; Malabar Gold and Diamonds; Bank of Baroda and prominent retailers like Crystal Gallery; Vertical Greens Landscape Gardening L.L.C. and Chinese Furnishings displayed their products and services, that proved to be a major attraction for all. What makes this issue special is, that it contains full coverage on Enterprise Dubai event, the dynamic speeches and the learnings that emerged from various sessions at the event. On cultural side, Zenobia Davar, the charismatic couturier showcased her fabulous gara sarees, jari borders, jablas, kasbi topis and embroidered frames that attracted all the delegates to her stall and kept the uber-stylish fashionistas a step ahead in the fashion world. The ‘Wall of Fame’ paying tribute to the legends of yore and contemporary times from the Zoroastrian community was admired by all.

The WZCC Global AGM and the WZCC Awards Ceremony that took place on 18th December, 2014 is also covered in this issue. Holiday seekers will find this issue interesting as Goa the most picturesque location is covered where the WZCC Global AGM is taking place this year end. We believe, this publication will achieve greater success, if our readers contribute, comment and spark a dialogue with us. It will give us the impetus to try new angles and make the journal even more informative and interesting, so please send your inputs / articles to wzccsynergyz@gmail.com A warm and heartfelt thanks to all of you and hope you enjoy this issue. On behalf of the Members of the Board of SynergyZ, I wish you all a very Happy New Year, 2016! Meher Bhesania Chairman, SynergyZ Corporate Social Responsibility | Indian Diaspora Makes India Proud

Vol. 14 | Dec., 2015

Our erudite speakers spoke on topics ranging from trade and communication, to technology, to medicine and women power; all very interesting and informative.

Journal of the World Zarathushti Chamber of Commerce

Exclusive

Enterprise Dubai Gala Awards

PLUS

Away from the event, we have covered more informative articles on ‘Branding’ by Fred Sarkari an author of international repute; ‘It’s all about sevens’ by Nozer Buchia, the internationally acclaimed motivational speaker and the author of the book ‘Why Entrepreneurs really fail’; and ‘Usability and what it takes to make them click,’ by Umeed Kothavala, CEO, Extentia Information Technology.

• • • •

World's Top Six Brands UAE - India Multi-dimensional relationship Leadership and the road ahead Godrej Legacy and winning in India

DRIVEN BY TRADE 600

Business Startup Competition | Travel destination - Goa | WZCC AGM & Awards

Message

An Event we are thankful for

SynergyZ, December, 2015

Vol. 14 | Dec., 2015

Our erudite speakers spoke on topics ranging from trade and communication, to technology, to medicine and women power; all very interesting and informative.

Journal of the World Zarathushti Chamber of Commerce

Exclusive

Enterprise Dubai Gala Awards

PLUS

• • • •

World's Top Six Brands UAE - India Multi-dimensional relationship Leadership and the road ahead Godrej Legacy and winning in India

DRIVEN BY TRADE 600

Business Startup Competition | Travel destination - Goa | WZCC AGM & Awards

Contents

22 Experts Speak 22 Coming Together

Amazing Dubai

22 The success story of Dubai Duty Free 23 Leadership and the road ahead 23 India – UAE Multi-dimensional relations 24 Ethics in Leadership 24 Is Women Power just a pie in the sky? 26 Setting up businesses during uncertainties 27 Indian Diaspora makes nation proud

28 Building Businesses and Social Foundation 30 # My Dubai

President's Message

By: Minoo Shroff

Features 50 Branding

• Cobra Beer Partnership

12 Event 12 Smart Turnout at Enterpise Dubai 14 Charismatic Couture Show

53 Stories on World's Top Brands

• Dubai Duty Free

Awards 32 The Zoroastrian Ratna Awards 38 The Scroll of Honour 39 The Legendary Service Awards

17 Unadulterated Grandeur

• Godrej • Malabar Gold and Diamonds • Titan • Bank of Baroda 66 Third generation Homeopathic Physician joins in

18 Festive pop up

67 Nutrition: Go Green and eat your veggies

19 Chinese Collections

68 It’s all about 'Sevens'

20 The Legends and their Legacies

72 Godrej Legacy and winning in India

76 Enterprise Dubai - Idea, Innovate, Implement, Business startup contest 78 Holiday destination - Goa

Panel Discussion 42 New Technologies in Medical Field 44 Corporate Social Responsibility 48 Expo 2020 and can UAE be the business capital of the world?

80 Women Entrepreneurs (WE) 82 WZCC AGM & Awards 87 The Professional Edge by WZCC WE Wing, Pune Chapter 88 Usability and what it takes to make them click

Contents

22 Experts Speak 22 Coming Together

Amazing Dubai

28 Building Businesses and Social Foundation 30 # My Dubai

President's Message

By: Minoo Shroff

Features 50 Branding

• Cobra Beer Partnership

12 Event 12 Smart Turnout at Enterpise Dubai 14 Charismatic Couture Show

53 Stories on World's Top Brands

• Dubai Duty Free

Awards 32 The Zoroastrian Ratna Awards 38 The Scroll of Honour 39 The Legendary Service Awards

17 Unadulterated Grandeur

• Godrej • Malabar Gold and Diamonds • Titan • Bank of Baroda 66 Third generation Homeopathic Physician joins in

18 Festive pop up

67 Nutrition: Go Green and eat your veggies

19 Chinese Collections

68 It’s all about 'Sevens'

20 The Legends and their Legacies

72 Godrej Legacy and winning in India

76 Enterprise Dubai - Idea, Innovate, Implement, Business startup contest 78 Holiday destination - Goa

Panel Discussion 42 New Technologies in Medical Field 44 Corporate Social Responsibility 48 Expo 2020 and can UAE be the business capital of the world?

80 Women Entrepreneurs (WE) 82 WZCC AGM & Awards 87 The Professional Edge by WZCC WE Wing, Pune Chapter 88 Usability and what it takes to make them click

SynergyZ

SynergyZ Is Your Window to the World

Vol 14, December 2015 — For Private Circulation only

Registered Office

5750 South Jackson St. Hinsdal, IL 5109 - 60521, Website: www.wzcc.net

Global President Minoo. R. Shroff

Editorial Board Burjor Patel, Former General Manager, Khaleej Times, Dubai Rita Mehta, Managing Director, Blitz Media & Communication, FZ-L.L.C, Dubai Kersy Bhesania, Managing Director, Climate Control L.L.C, Dubai Nowshir Engineer, Director, Event Management Development Institute, Dubai Dadi Motiwalla, CEO, mt2, Dubai Yazdi Tantra, Managing Director, On-lyne Computers, Mumbai

Corporate Social Responsibility | Indian Diaspora Makes India Proud

Vol. 14 | Dec., 2015

WZCC Journal Conceived and Developed by Meher Bhesania, Chairman, SynergyZ

Journal designed by

Journal of the World Zarathushti Chamber of Commerce

Sameer Aslam, Graphic Designer, Colour Power, Dubai.

Treasurer: Barjor Bajan P. O. Box 34129, Dubai, UAE. E-mail: bajansbb@yahoo.com

Exclusive

Enterprise Dubai Gala Awards

WZCC Board Members Minoo Shroff Bomi Patel Temo Arjani Behroze Daruwalla Adil Sarkari Jamshid Dindar Roomi Sarkari Fariborz Rahnamoon Farrokh Rustomji Minoo Mody Shahram Jiveh Neville Shroff Pheroze P. Kharas Natalie Gandhi Nauzar Manekshaw Umeed Kothavala Kersi Limathwalla

President Vice President Treasurer Corporate Secretary Regional Director (Australia) Regional Director (Iran) Regional Director (Middle East) Director Director Director Director Director Director Director Director Youth Director Immediate Past President

Australia - Sydney Australia - Perth Canada - Vancouver Canada - Toronto India - Mumbai – India Chamber India - Pune India - Ahmedabad India - Mumbai India - New Delhi India - Hyderabad Iran - Tehran Middle East - Dubai, UAE Pakistan - Karachi U.K - London USA - Houston USA - Central Florida USA - Southern California USA - San Francisco USA - Chicago USA - New York USA - Boston USA - Seattle USA - Atlanta

Adil Sarkari Mahrukh & Firoz Pestonji Fariborz Rahnamoon Sam Meer Cyrus Bhagwadia Viraf Deboo Oorvaksh Medora Adi Siganporia Navroz Dhondy Jehangir R. Bisney Khodayar Attaie Roomi Sarkari Soli R. Parakh Nauzer Manekshaw Zarir Sethna Mezdi Birdie Perinne Medora Jamshed Gandi Jehangir Darukhanavala Natalie Vania-Gandhi Zareen Karani Araoz Firdosh Bhesania Rustom S Kanga

mrshroffadst@gmail.com bomip@yahoo.com temo@arjani.com behroze@frenaus.com adilsarkari@gmail.com dindar2000@yahoo.co.uk rsarkari@emirates.net.ae fariborzr@hotmail.com f.m.rustomji@gmail.com modymh@me.com shjiveh@yahoo.com nshroff@shroff.com.hk phili.kharas@gmail.com nvania@encouragementnewbiz.com wzcc@mieraconsulting.com umeed.kothavala@extentia.com klimath@gmail.com

PLUS • • • •

World's Top Six Brands UAE - India Multi-dimensional relationship Leadership and the road ahead Godrej Legacy and winning in India

Vol. 13 | December, 2014

DRIVEN BY TRADE

THE 2014

LEADERS | LEGENDS | GENIUSES | HEROES WRITERS & EDITORS | GENERATION NEXT

December, 2014

SynergyZ

Inside: Cover Story Ronnie Screwvala | Cityscape: My Dubai, My City

600

Business Startup Competition | Travel destination - Goa | WZCC AGM & Awards

WZCC Chapter Chairs adilsarkari@gmail.com holiday@aussieperthtours.com.au adilsarkari@gmail.com Afreed.mistry@gmail.com bagwadia@hotmail.com vbdeboo@gmail.com oorvaksh@medoraindia.com adisiganporia@gmail.com navroze@creatgies.com hyd2_bisney@sancharnet.in khodayarattaie@gmail.com rsarkari@emirates.net.ae soli.r.parakh@pk.pwc.com wzcc@mieraconsulting.com zarirs@sbcglobal.net Dastur@comcast.netUSA perinne@zubin.com jbgandi@bgwbcpas.com jdarukhanavala@aol.com nvania@encouragementnewbix.com zareen@managingcultures.com bhesania@hotmail.com rkanga@comcast.net

Picture credits: Pages: 18 - The design on the Crystal Plate is adapted from the book, ‘A Zoroastrian Tapestry, Art, Religion and Culture,’ edited by Pheroza Godrej & Firoza Punthakey Mistree Google.com: Pages: 1, 6, 7, 8, 15, 21, 26, 27, 28, 29, 30, 31, 46, 51, 53, 54, 55, 56, 57, 60, 61, 63, 64, 66, 67, 70, 76, 84 Journal designed by: Colour Power, Dubai

SynergyZ, December, 2015

SynergyZ

SynergyZ Is Your Window to the World

Vol 14, December 2015 — For Private Circulation only

Registered Office

5750 South Jackson St. Hinsdal, IL 5109 - 60521, Website: www.wzcc.net

Global President Minoo. R. Shroff

Corporate Social Responsibility | Indian Diaspora Makes India Proud

Vol. 14 | Dec., 2015

WZCC Journal Conceived and Developed by Meher Bhesania, Chairman, SynergyZ

Journal designed by

Journal of the World Zarathushti Chamber of Commerce

Sameer Aslam, Graphic Designer, Colour Power, Dubai.

Treasurer: Barjor Bajan P. O. Box 34129, Dubai, UAE. E-mail: bajansbb@yahoo.com

Exclusive

Enterprise Dubai Gala Awards

PLUS • • • •

World's Top Six Brands UAE - India Multi-dimensional relationship Leadership and the road ahead Godrej Legacy and winning in India

Vol. 13 | December, 2014

DRIVEN BY TRADE

THE 2014

LEADERS | LEGENDS | GENIUSES | HEROES WRITERS & EDITORS | GENERATION NEXT

December, 2014

SynergyZ

Inside: Cover Story Ronnie Screwvala | Cityscape: My Dubai, My City

600

Business Startup Competition | Travel destination - Goa | WZCC AGM & Awards

SynergyZ, December, 2015

President's Message

President's Note The last fiscal year has generated OPTIMISM that economic growth has picked up in India. The Indian Prime Minister, Mr. Narendra Modi has been touring the world as no other Prime Minister has done in recent times, making bold pronouncements that India is ready for business. His theme “Make in India” and to make India the manufacturing hub of the world, is feasible, given India’s demographic dividend, requisite skills and an ever expanding and inspirational market. India’s GDP which now exceeds US$ 2 trillion (US$ 5.5 trillion in PP terms) is expected to expand five-fold in the next 20 years, given an annual growth rate of 8%. Forecasts made by leading global institutions and banks endorse this forecast, of course with a caveat that India pursues its goals with vigour and introduces further reforms. When we talk of entrepreneurship we read about the spectacular rise in the number of billionaires globally in many countries including India and China. India has not been left very far behind from other developed countries despite its relatively very low per capita income. Let me narrate in brief, the spectacular growth story of Sun Pharmaceutical Industries Ltd. The 59 years old, promoter and Chairman, Mr. Dilip Sanghvi, is today rated India’s richest man with a net worth of over US$ 22 billion. Sanghvi started manufacturing pharmaceuticals on a modest scale 30 years ago and between 1995 and 2005 acquired a number of small and medium sized companies in India and USA. He acquired a large Israeli Pharma Company after a legal battle and turned it round completely. His last acquisition was of the largest Indian pharma company Ranbaxy

Laboratories Ltd., for US$ 4 billion. He has kept on raising his bar higher and has acquired a stellar reputation for turning round sick companies. Given his immense self-confidence, and his superb entrepreneurial and managerial prowess, he could well rise to be among the global leaders in the pharma industry in the next decade. Another amazing story of entrepreneurship is of Ronnie Screwvala, a first generation Zoroastrian entrepreneur. He started with hardly a few thousand rupees over three decades ago, and has acquired many businesses ranging from manufacturing tooth-brushes, media companies and pioneered cable TV in India. He founded UTV media and entertainment conglomerate, spanning, television digital, mobile, digital broadcasting and motion pictures which he divested to Walt Disney Corporation in 2012 for a handsome sum. He is now championing new entrepreneurs and is passionate about social welfare with focus on empowering one million lives in rural India. The above two cases have been cited to underline that given passion for entrepreneurship backed by vision, hard work, daring and risk taking capability, there is no limit to what one can achieve in life. To quote Screwvala, “Entrepreneurship is a journey and is not an outing. Entrepreneurship is about living life on your own terms. Dream huge and when you do, dream with your eyes open”. There are many more outstanding achievers. They are leaders who themselves set and achieve very high standards and inspire others to do so.

Entrepreneurs should keep their eyes and ears open to see and smell opportunities. India offers excellent opportunities today and rewards innovators. Let the younger generation of Parsis be inspired by what has been accomplished by our entrepreneurs in the current environment. The future is even more propitious for the bold and who are prepared to dream and more importantly do not fear failure. After all, success is going from failure to failure without loss of enthusiasm, and those who dare to fare greatly can even achieve greater success. With this sense of optimism, let us assemble in the congenial environment of Goa with its carefree atmosphere this festive season. It will be a great opportunity for intellectual invigoration and physical relaxation. Look forward to be with you and best wishes.

Minoo Shroff Global President, WZCC SynergyZ, December, 2015

President's Message

Minoo Shroff Global President, WZCC SynergyZ, December, 2015

Event Highlights

Smart Turnout at Enterprise Dubai It took months of planning but the effort paid off and Enterprise Dubai, one of the most awaited events of the year 2014 turned out to be a resounding success. Over 600 delegates congregated from around the globe to meet, talk and reaffirm their togetherness and explore business and career opportunities as the city state Dubai moves towards being the host for the World Expo 2020. Brought together under the banner of World Zoroastrian Congress 2009, the three days (19th to 21st December, 2014) marked a new chapter in the relationship between the Indian Diaspora and the Gulf region. Along with speakers and moderators, all of them success stories in themselves, were members from the Royal Family, senior government officials, diplomats and leading businessmen from the UAE. The event was supported by the Indian Consulate in Dubai and was listed in the Calendar of Events by the Department of Dubai Tourism and Marketing which was a big achievement. Highly successful men and women, mostly decision and policy makers, corporate leaders, academicians, financial experts; media and opinion makers; entrepreneurs and Emiratis used the stage effectively to make their points. Internationally famous experts spoke on issues of great importance. The topics tackled were trade, communication, new technologies and youth initiatives that offered great opportunity to build on international business ideas. The event began with the lighting of the lamp by H.E. Mr. Mirza Al Sayegh, Director, Office of H.H Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Finance Minister, UAE, accompanied by Lord Karan Bilimoria C.B.E, D.L., Byram Jeejeebhoy, Chairman Byramjee Jeejeebhoy Pvt. Ltd., 12

SynergyZ, December, 2015

Former Air Chief Marshal Fali Major, and Colm McLoughlin, Executive Vice Chairman, Dubai Duty Free. A grand opening ceremony 'Flowering of Truth and Faith' was performed by Coloruthura Soprano Farah Ghadiali and renowned violinist Jamshed Turel, who mesmerized the audience with their outstanding renditions. Participating in the event at various stages were luminaries that included H.E. Mr. T.P.Seetharam, the Ambassador of India, to the UAE, H.E. Mr. Anurag Bhushan, The Consul General of India to Dubai and Northern Emirates, Issam Kazim, CEO, Dubai Corporation for Tourism & Commerce Marketing; Colm McLoughlin, Executive Vice Chairman, Dubai Duty Free; Nadir Godrej, Managing Director, Godrej Industries Limited; Freddy Sidhwa, Chairman, Seven Seas Services Group; Neville Shroff, CEO, Shroff and Company Ltd. Hong Kong; Rustom Jokhi, Managing Director S.F. Jokhi and Co. Ltd., Hong Kong; Paras Shahdadpuri, Chairman Nikai Group of Cos., UAE and more... Among those seen taking part and contributing to the exchange of views were Padma Bhushan and Padma Vibhushan Fali Nariman, Lord Karan Bilimoria C.B.E. D.L, Homa Petit, Minoo Shroff; Dinshaw Tamboly; Byram Jeejeebhoy; Ronnie Screwvala; Dr. Rustom Soonawala; Dr. Keki Turel; Dr. Sabrena Noria; Dr. Cyres Mehta; Dr. Zubin Nalladaru; Bachi Karkaria; Bikram Vohra; Zarina Screwvala; Meenal Baghel; Meera Sanyal; Suresh Kumar; Mohan Valrani; Surender Kandhari, Kalpesh Sampat and many more... A Member of the Ruling Family H.H Sheikh Saeed bin Hasher Al Maktoum, Chairman, Al Fajer Group of Companies, graced the occasion and gave away the four Zoroastrian Ratna Awards to the

Legendary Families: the Godrej Family, the Jeejeebhoy Family, the Jokhi Family and the Sidhwa Family. In addition, nine Legendary Service Awards were conferred upon the following persons for their contribution to various fields: Minoo Shroff - Public and Community Service

Burjor Antia - Excellence in Legal

Field

Dr. Keki Turel - Excellence and Innovation in Medical Field Homa Petit - Humanity and Philanthropy Dadi Mistry - Communal Responsibility Neville Shroff - Public and Community service Fali Major - Highest Civilian Service Katayun Kapadia - Community Service Roshan Rivetna - Preserving the Zoroastrian Culture and for Editorial work Whether at the seminar or in conversation during breaks or enjoying Dubai’s legendary hospitality, members renewed old friendships and made new ones. There was a sense of achievement and satisfaction throughout the event. On 20th December, 2014 a new coffee table book ‘Fathers and Sons Mothers and Daughters,’ authored by Meher Bhesania was launched by Nadir Godrej, Managing Director, Godrej Group of Industries. The book is a tribute to the distinguished families of the Zoroastrian community who have taken their family legacies to newer heights.

Coloruthura Soprano Farah Ghadiali during the rendition of ‘Flowering of the Truth and Faith’ ceremony

The third day was a total outing day. Mediterranean style breakfast was served at the Burj Park, followed by a sightseeing tour of Dubai, a dhow cruise, a desert safari and a fun trip to the Global Village, all very interesting. Enterprise Dubai 2014, safely said, delivered on its promise and more.

Lighting of the Lamp Ceremony (R-L) H.E. Mr. Mirza Al Sayegh, Colm McLoughlin, Lord Karan Bilimoria, C.B.E., D.L, Former Air Chief Marshall Fali Major and Byram Jeejeebhoy

Renowned violinist Jamshed Turel during the rendition of ‘Flowering of the Truth and Faith’ ceremony

Event Highlights

SynergyZ, December, 2015

Burjor Antia - Excellence in Legal

Field

Coloruthura Soprano Farah Ghadiali during the rendition of ‘Flowering of the Truth and Faith’ ceremony

Lighting of the Lamp Ceremony (R-L) H.E. Mr. Mirza Al Sayegh, Colm McLoughlin, Lord Karan Bilimoria, C.B.E., D.L, Former Air Chief Marshall Fali Major and Byram Jeejeebhoy

Renowned violinist Jamshed Turel during the rendition of ‘Flowering of the Truth and Faith’ ceremony

Event

Charismatic Couture Show Clean lines and bold hues made for a dramatic look Charismatic couturier, Zenobia Davar, enthralled the global Indian community’s uber-stylish fashionistas with her latest couture collection titled ‘Flowing Silks’ at the Enterprise Dubai event on 19th December, 2014. The ever evolving designer also unveiled her brand new identity by showcasing her exquisite collection of authentic hand embroidered Gara saris, jablas and real zari border saris. The showstopper was a white gara sari; an exquisitely embroidered six yards of fabric with a riot of colours in which confronting parrots perched on twines amid multihued foliage. The stitches appeared perilously close, the shading seamless, the French knots, and the

From the catwalk collection to keep you one step ahead in fashion

forbidden stitch painstakingly small and the motifs so fine and detailed that the work looked like a ‘Painting with a needle.’ Zenobia's upcoming season is going to be all about mixing and matching a different palette of colors. All her creations are one of a kind and custom made.

Contact Details:

Zenobia Davar, showcasing her exquisite showstopper Gara Sari 14

SynergyZ, December, 2015

Zenobia Davar Mobile: +919324106568 +919869028943 Tel: +9122 24106568 Email: zsdavar@hotmail.com or zsdavar@gmail.com. Website: www.zenobiadavar.com

Event

From the catwalk collection to keep you one step ahead in fashion

Contact Details:

Zenobia Davar, showcasing her exquisite showstopper Gara Sari 14

SynergyZ, December, 2015

Zenobia Davar Mobile: +919324106568 +919869028943 Tel: +9122 24106568 Email: zsdavar@hotmail.com or zsdavar@gmail.com. Website: www.zenobiadavar.com

Malabar Gold A4 Mine Business journal

SynergyZ.ai

4/19/15

2:50 PM

Event / Personalities

Unadulterated Grandeur H.H.Sheikh Saeed bin Hasher Al Maktoum, a Member of the Royal Family and Chairman, Al Fajr Group of Cos., graced the Enterprise Dubai event on 20th December, 2014. In attendance were diplomats, senior government officials and high profile businessmen and professionals from around the world. Enterprise Dubai took place at the Crowne Plaza Hotel from 19th to 21st, December, 2014. It offered excellent opportunity to all businessmen and professionals to explore business and career openings as Dubai prepares itself to host the World Expo 2020. Enterprise Dubai was undoubtedly one of the best Business Conferences and networking events in 2014.

H.E. Mr. T.P. Seetharam, Ambassador of India to the UAE, and Mrs. Deepa Seetharam

H.H.Sheikh Saeed bin Hasher Al Maktoum, Member of the Royal Family and Chairman, Al Fajer Group of Companies

H.E. Mr. Anurag Bhusan, Consul General of India (Dubai & Northern Emirates)

(L - R) Rumi Sanjana, Senior Advisor Nexus Board, Colm McLoughlin Exe. Vice Chairman DDF & Sean Staunton, VP Retail & Ops., DDF

H.E. Robert Waller, Consul General,U.S.A

Paras Shahdadpuri, Chairman Nikai Group of Companies, Dubai

(L - R) Dr. Bharat Bhutani with Farida Shroff & Neville Shroff, CEO, Shroff & Co. Hong Kong

(R - L) Eminent Jurist Fali Nariman, Attorney Homa Petit, Bapsi Nariman, & Khursheed Nariman

Freny Sidhwa & Freddy Sidhwa, Chairman & Managing Director, Seven Seas Services Group, Dubai

Sinead El Sibai, V.P. Marketing, Dubai Duty Free

Rustom Jokhi, Managing Director, S.F. Jokhi Pvt. Ltd., Hong Kong with his wife Roxy Jokhi

(L - R) Roomi Sarkari, Matseliso Shogole, H.E. Manabile Shogole, Consul General, South Africa & Deena Motiwalla

CMY

SynergyZ, December, 2015

Malabar Gold A4 Mine Business journal

SynergyZ.ai

4/19/15

2:50 PM

Event / Personalities

H.E. Mr. T.P. Seetharam, Ambassador of India to the UAE, and Mrs. Deepa Seetharam

H.H.Sheikh Saeed bin Hasher Al Maktoum, Member of the Royal Family and Chairman, Al Fajer Group of Companies

H.E. Mr. Anurag Bhusan, Consul General of India (Dubai & Northern Emirates)

(L - R) Rumi Sanjana, Senior Advisor Nexus Board, Colm McLoughlin Exe. Vice Chairman DDF & Sean Staunton, VP Retail & Ops., DDF

H.E. Robert Waller, Consul General,U.S.A

Paras Shahdadpuri, Chairman Nikai Group of Companies, Dubai

(L - R) Dr. Bharat Bhutani with Farida Shroff & Neville Shroff, CEO, Shroff & Co. Hong Kong

(R - L) Eminent Jurist Fali Nariman, Attorney Homa Petit, Bapsi Nariman, & Khursheed Nariman

Freny Sidhwa & Freddy Sidhwa, Chairman & Managing Director, Seven Seas Services Group, Dubai

Sinead El Sibai, V.P. Marketing, Dubai Duty Free

Rustom Jokhi, Managing Director, S.F. Jokhi Pvt. Ltd., Hong Kong with his wife Roxy Jokhi

(L - R) Roomi Sarkari, Matseliso Shogole, H.E. Manabile Shogole, Consul General, South Africa & Deena Motiwalla

CMY

SynergyZ, December, 2015

Event

A Festive Pop-Up

Chinese Collections at the event

A vibrant collection of fashion jewellery, crystal items and hand crafted furnishings were displayed by prominent retailers - Crystal Gallery, Chinese Furnishings and Malabar Gold and Diamonds. All exhibitors added a new spark to the exhibition area at the Enterprise Dubai event.

Furniture from Chinese Furnishings Company Porcelain Vase with underglaze blue decoration of flowers and leaves, resting on a brown wooden base

Porcelain Vase with straight neck and rounded body decorated with underglaze orange decoration of dragons, resting on a beautifully handcrafted wooden base

Porcelain Jar with bands of floral design and large chrysanthemums in the center, resting on an artistic wooden stool

Ancient Bronze Metal Vase with auspicious motifs and two birds resting on three artistic legs supported by lions

Incense Burner in bronze resting on three legs with a lid of a lion on the top.

Ancient Chinese temple in exquisite design, resting on a wooden base

Coloured Crystal Vase from Crystal Gallery, Dubai

Pak Iranshah Atash Behram, (Udvada) replica in pure crystal

Crystal plate depicting 7th Century CE. Persian design with birds and flowers in gold 18

SynergyZ, December, 2015

Exquisite Jewellery exhibited by Malabar Gold & Diamonds

The above items were displayed by the Chinese Furnishings Co., which sells traditional Chinese wooden handmade furniture, wooden sculptures, porcelain and paintings, and is located in Al Sherouq Building, Shop #15, Karama, Dubai, United Arab Emirates. Contact details: Tel: 00971 4 3351 368 Website: www.chinese-furnishings.com

SynergyZ, December, 2015

Event

A Festive Pop-Up

Chinese Collections at the event

Furniture from Chinese Furnishings Company Porcelain Vase with underglaze blue decoration of flowers and leaves, resting on a brown wooden base

Porcelain Vase with straight neck and rounded body decorated with underglaze orange decoration of dragons, resting on a beautifully handcrafted wooden base

Porcelain Jar with bands of floral design and large chrysanthemums in the center, resting on an artistic wooden stool

Ancient Bronze Metal Vase with auspicious motifs and two birds resting on three artistic legs supported by lions

Incense Burner in bronze resting on three legs with a lid of a lion on the top.

Ancient Chinese temple in exquisite design, resting on a wooden base

Coloured Crystal Vase from Crystal Gallery, Dubai

Pak Iranshah Atash Behram, (Udvada) replica in pure crystal

Crystal plate depicting 7th Century CE. Persian design with birds and flowers in gold 18

SynergyZ, December, 2015

Exquisite Jewellery exhibited by Malabar Gold & Diamonds

SynergyZ, December, 2015

Event

The Legends and their Legacies Connoisseurs of high living were treated to a gloriously distinctive art wall that paid tribute to the Legends of yore and contemporary times from the Zoroastrian community.

Dr. Burjorji Godrej

Pirojsha Godrej

J.R.D.Tata Jamsetji N. Tata

Shapoorji Jokhi

Ratan N. Tata

Pallonji S. Mistry

Keki Jokhi

Lord Karan Bilimoria, C.B.E., D.L.

Rustom Jokhi

Adi Godrej

Nadir Godrej

Byram Jeejeebhoy

Neville Shroff

Alayar Dabestani

Homa Petit

Dr. Dhun Noria

Defining Moments of Enterprise Dubai

Event

Dr. Burjorji Godrej

Pirojsha Godrej

J.R.D.Tata Jamsetji N. Tata

Shapoorji Jokhi

Ratan N. Tata

Pallonji S. Mistry

Keki Jokhi

Lord Karan Bilimoria, C.B.E., D.L.

Rustom Jokhi

Adi Godrej

Nadir Godrej

Byram Jeejeebhoy

Neville Shroff

Alayar Dabestani

Homa Petit

Dr. Dhun Noria

Defining Moments of Enterprise Dubai

Experts Speak

Coming Together

Leadership and the road ahead

H.E Mr. Mirza Al Sayegh, Director, Office of H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Finance Minister, UAE, was the Chief Guest at the Enterprise Dubai event held on 19th December, 2014 at the Crowne Plaza Hotel, Dubai.

Lord Karan Bilimoria C.B.E, D.L, the first Parsi in the British House of Lords, took prime stage at the Enterprise Dubai event and enthralled the audience with his powerful speech on ‘Leadership and the road ahead’ at the Enterprise Dubai event on 19th December, 2014.

In his opening remarks, Mr. Sayegh said, “UAE will always remain an oasis of stability and the robust trade links between India and UAE will keep flourishing in future. He further added that the Chamber of Commerce in Dubai and the government of UAE are doing their level best to provide policy advocacy to ensure that businesses flourish and expand in various sectors in this country. This statement raised the level of confidence in the minds of businessmen and professionals who had gathered from around the world to explore business opportunities that Dubai and UAE have to offer.

He said, leadership is not about making speeches or gaining favours; it is defined by results. He praised the leadership of Margaret Thatcher for transforming Britain from the sick man of Europe to the country it is today. He said, “She stood up to the unions, she promoted enterprise and entrepreneurship and brought pride to Britain. She was a fine example of transformational leadership, visionary leadership as well as conventional leadership. He remarked, strong individuals with right values make strong countries!”

Universally recognised as an effective leader to spearhead large organisations, he praised the qualities, wisdom and visionary leadership of the Rulers in the UAE who have surprised the world by transforming the once barren country into a socio-economic, political and peaceful oasis, giving it a prominent place in the world. Believing in education as the corner stone of humanity, Mr. Sayegh commended the efforts of H.H. Sheikh Nahyan bin Mubarak Al Nahyan for raising the standard of education in this country and H.H. Sheikh Abdullah bin Zayed Al Nahyan for enhancing the image and

H.E Mr. Mirza Al Sayegh, Director, Office of H.H Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Finance Minister of the UAE

reputation of UAE across the world. Simultaneously, he praised the Emirates Airline and the Dubai Duty Free for putting Dubai on the world map and bringing glory to the nation. With his expertise in the oil and gas industry, Mr. Sayegh shared his views on oil pricing and the significant role played by the UAE in the global energy markets as a major oil producing country. Admiring the multitude of events that have turned Dubai into an attractive tourist destination, he touched upon the richest horse race, 'The Dubai World Cup' that brings equestrians from around the world at the Meydan race course each year and offers US$10 million as prize money. Mr. Sayegh concluded on an optimistic note saying, the ‘safe haven’ status that Dubai and the UAE command, will lead this country to further prosperity in the future.

The Power of DDF

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Colm McLoughlin, Executive Vice-Chairman, Dubai Duty Free

He further added, that the Dubai Duty Free Foundation, founded under the auspices of H.H. Sheikh Ahmed bin Saeed Al Maktoum, has hitherto restored 8700 eyesight’s; helped 4000 surgeries for cleft palates, rebuilt 2 clinics in Philippines, and continues its journey to contribute to humanitarian causes.

He praised the leadership of the UAE leaders, especially, H.H. Sheikh Mohammed bin Rashid Al Maktoum, who has transformed Dubai into a progressive destination.

India – UAE Multi-dimensional relationship With decades of experience in public speaking and a high favorability rating, H.E. Mr. T.P.Seetharam, the Ambassador of India to the UAE, who graced the Enterprise Dubai event at the Crowne Plaza Hotel, Dubai on 19th December 2014, spoke exceedingly well on the “India - UAE multi-dimensional relationship.” He said, “Ties between India and the UAE go back a long way, when the Indian Rupee used to be the currency of this nation. People-to-people contacts and barter trade for clothes and spices from India in exchange for dates and pearls between the two countries continued for centuries. Since the creation of the Federation in 1971, India-UAE relations have flourished further. Briefly putting the three fundamental pillars, that define the UAE-India relationship today are - investment, trade and manpower.”

‘The success story on Dubai Duty Free,’ presented by the Executive Vice Chairman, Colm McLoughlin, captured the hearts of 600 delegates who had gathered in the Jumeirah Ball Room, at the Crown Plaza hotel on 19th December, 2014. “It all began when Dubai government commissioned the Irish airport operator Aer Rianta to set up a duty free at Dubai International Airport in 1983,” he said. A tenman team arrived with a mandate to develop the best ever duty free shops in the industry that opened on 20th December, 1983. Since then Dubai Duty Free (DDF) has broken all records and is today one of the leading airport retailers in the world with an impressive turnover of US$1.9 billion. It has won 470 prestigious awards; commands a workforce of 6000 employees; promotes several sporting events including the prestigious Dubai Duty Free Tennis Championship; has given away 1500 luxury cars in the Finest Surprise Luxury promotion; and offered 160 winners a chance to win US$1 million, under the Millennium Millionaire promotion.

His message to the delegates was, countries in the world should invest more in research and development areas; hard and soft power; set up studio schools; build resilient business organisations as these things make nations rich.

Lord Karan Bilimoria, CBE DL and Chairman, Cobra Beer Partnership

Last decade was important as it saw a gamut of Indian industrialists, corporate executives, bankers, academicians, businessmen, investors, and technology entrepreneurs’ coming to the UAE. Today, there are over 2.6 million Indians in the United Arab Emirates, by far the largest migrant group, with a total population of 8.4 million. There are more than 50,000 Indian companies operating here. The Indian Embassy in its efforts to build a comprehensive database of Indians residing in the UAE, has set up an ‘NRI registration

service’ with a view to improving services and rendering requisite assistance in situations arising from unforeseen contingencies. He requested the Indian Diaspora in the UAE to register on-line. “Dubai as we all know, is a dream destination," H.E. Mr. T.P.Seetharam, Ambassador of India he said. “Many to the U.A.E. Indians like to settle here. Remittances have reached US$ 15 billion a year. The two way trade is about US$ 75 billion. It is a fairly balanced trade. The Indian Embassy is working towards exploring the possibility of making UAE the single largest investing country in India,” he said. In this mammoth task he hopes the Indian business community which has played a significant role in the evolution of the UAE, will once again be the lynchpin and play a significant role in this new initiative. SynergyZ, December, 2015

Experts Speak

Coming Together

Leadership and the road ahead

H.E Mr. Mirza Al Sayegh, Director, Office of H.H Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Finance Minister of the UAE

The Power of DDF

SynergyZ, December, 2015

Colm McLoughlin, Executive Vice-Chairman, Dubai Duty Free

He praised the leadership of the UAE leaders, especially, H.H. Sheikh Mohammed bin Rashid Al Maktoum, who has transformed Dubai into a progressive destination.

Lord Karan Bilimoria, CBE DL and Chairman, Cobra Beer Partnership

Experts Speak

Ethics in Leadership Padma Bhushan and Padma Vibhushan Fali Nariman whose name is mentioned with tangible esteem in the Houses of jurisprudence and the Rajya Sabha, spoke on ‘Ethics in leadership,’ at the Crowne Plaza Hotel on 19th December, 2014. Ethical leadership has two elements, he said. Firstly, ethical leaders must act and make decisions ethically, as must ethical people in general. Secondly, ethical leaders must also lead ethically in the ways they steer their organizations ensuring they work for the greater good of the society. The late J.R.D. Tata according to him, was a remarkable leader. He cited an incident from the book ‘In search of leadership’ written by his friend Russi Lala in 2005, that included an incident when a senior executive tried to save on taxes, took along with him a prominent legal advisor who explained to J.R.D Tata that the proposed scheme was not illegal to which J.R.D Tata quietly replied, “Not illegal, but is it right?” Fali Nariman said, while ethical leadership challenges us to engage in the noble work of advancing good, leaders too have weaknesses and defects, and quoted the example of a great military general, Napoleon, a man of immense intuitive intellect but great thirst for military expansion, who lost scores of soldiers in a battle in Russia that turned out to be a colossal failure and offered him no option but to retreat to Europe. Had he been diligent in studing the history of Russia, he would never have invaded Russia.

India’s veteran journalist, Bachi Karkaria, conducted a panel discussion on - ‘Is women power just a pie in the sky?” Accompanying her were Meera Sanyal, Zarina Screwvala, Meenal Baghel and Bikram Vohra from the finance, entertainment and media industry. Bachi with her unique sense of humor posed several questions to the panelists on "What power means to women and what it does to them; and how differently women consume and exercise power." 24

SynergyZ, December, 2015

Padma Bhushan and Padma Vibhushan Fali Nariman

He praised Mother Teresa, and said, she was truly an ethical leader of our time. Though born in Macedonia she devoted her entire life to serving the poor in India. A distinguished Indian, she won the Noble Peace Prize in 1979. Whilst accepting the prize she humbly said, “it was in recognition of the poor world.” This humble quality in her is what Fali Nariman admired the most. He then spoke on Archbishop Desmond Tutu who once rhetorically asked a question to his audience in a Cathedral in London, as to "Why Mahatma Gandhi and Mother Teresa were so popular and Nelson Mandela was such an icon?" Before anyone could respond, Desmond Tutu said, it is because all of us have an instinct of goodness. We recognize it only when such people proudly show us the way as to what human beings can become. According to Fali Nariman, Ethical Leadership has very little to do with how clever a person is, because the ethical part of leadership is the one that is elementally real.”

Several definitions emerged such as, “Power is all about freedom of choice; it is about empowering people; becoming an agent of change; making the right decisions; gaining financial independence and more.” The final conclusion was, “Power is gender neutral. Women like men are equally strong." Currently more women in India are occupying leadership positions and will hopefully mentor more women to take up leadership roles in the future.

Zarina Screwala, Managing Trustee, Swades Founation; Bachi Karkaria, Journalist Dr. Dhun Noria, recipient of the Order of Ontario Award; Vikram Vohra, Director Asian Lite; Meera Sanyal, former CEO & Chairman of the Royal Bank of Scotland in India; Meenal Baghel, Editor Mumbai Mirror

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Experts Speak

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Padma Bhushan and Padma Vibhushan Fali Nariman

SynergyZ, December, 2015

Experts Speak

Setting up businesses during uncertainties

Indian Diaspora makes nation proud

“Forty years ago, when I started travelling abroad for seeking collaboration for Indian companies and for raising funds from International Banks, India was thought to be a slumbering giant and there was always a sense of cynicism - will it ever wake up,” said Minoo Shroff, one of India’s leading Corporate Counsellors and the Global President, WZCC, during his talk at the Enterprise Dubai event on 20th December, 2014. However with passing of each decade, and especially in the last few years, India is rising and is expected to do well," he said. Good at certain levels, a few areas that need to be looked into are: • SME sector needs encouragement to push India into the 25% manufacturing GDP that is required; • Labor policy needs better reforms; • Environmental planning needs a structured approach; • Interest rates are still high in comparison to other countries in the borrowing sector; • Rising concern over the rupee versus dollar rate though it has stabilized lately; • The Current Account Deficit in India down but needs to be reduced further. The brighter side is, India is doing well among the BRIC countries (Brazil, Russia, India, China and South Africa) compared to other countries, and is next to China, although China’s economy is five times India’s and their exports are four and a half times. They have the largest reserves in the world, US$ 4 trillion twice the GDP of India. But China’s factories are 26

SynergyZ, December, 2015

currently stuck in the slow lane. There is need for action in China. The former engine of global growth happens to remain jammed in neutral. In such situation, India should work hard towards making the “Make in India” campaign a success.

H.E Mr. Anurag Bhushan, the Consul General of India, Dubai and Northern Emirates, made a compelling presentation at the Enterprise Dubai event held on 20th December, 2014, at the Crowne Plaza Hotel. He spoke on the topic, ‘Indian Diaspora makes nation proud,’

On the exports front, many companies in India have diversified into markets like Africa, South East Asia and other places. Their marketing strategies have become more aggressive and many Indian companies are waving their flags overseas. Godrej, a large conglomerate, for example, has several offices overseas. 45% of Tata’s turn over comes from overseas companies. Airtel has put up a huge company in Africa. Since the success of Jaguar in Britain, the world is admiring the management skills of Indians. Now is the time for the government and the private sector to perform well. While the private sector is still waiting and watching, foreign investments have started pouring in but the Public sector is waiting for transformation and reforms.

He touched upon three points:

A jingle he offered to the Businessmen before diversifying overseas was: • Top line is vanity (Businessmen should think more in terms of sustainability) • Bottom line is stability (This is net profit after tax)

a) Vibrant India; b) The contributions made by the Indian Diaspora to their mother country; Minoo Shroff

• Liquidity is the reality (He felt many Indian companies don’t think during their lower cycle of how their stocks and receivables go up and it is very difficult to recover receivables when things are down). Businessmen venturing abroad should definitely think about currency fluctuations, keep the arbitrage component in mind and deploy the right people who can integrate well into the overseas culture. He concluded by saying, it is heartwarming that Tata’s acquisition of Corus, Land Rover and Jaguar, in the United Kingdom has been a silver lining in the cloud which somewhat reflects that the slumbering giant has finally woken up. Corus however is posing a severe problem on account of slump in the global steel industry.

c) How UAE as a young country is offering strength, stability and good infrastructure to 204 nationalities living in the Emirates. He charmed the audience with his opening remarks saying, “If you wish to witness the possibility of greatness of the Indian Diaspora then look no further than this country (UAE) and especially Dubai, for it has done the most in converting the resident Indians into non-resident Indians.” He further said, “In early 1950s, Dubai was just a collection of fishing settlements with a population of barely 20,000. There were no high rise buildings or airports, not many schools, colleges, however the scenario has changed in a short span of few decades and this place has turned itself into one of the most progressive nations in the world and looks to future with enthusiasm and hope. It's GDP is US$ 400 billion and the per capita income is one of the highest in the world. From no airport, there is now a modern airport that serves 70 million passengers a year, twice the number of passengers handled by Delhi airport.

While the credit for all this development goes to the visionary leadership of UAE and its industrious citizens he paused for a moment, and conveyed, but I must say, Indians have been a very integral part in this growth story and made India tremendously proud.” He added, "Today NRI remittance is around US$ 70 billion to India, of which US$ 20 billion comes from this region of GCC alone. If World Bank is to be believed, every dollar of remittance that goes to our country generates 2 dollars’ worth of economic output." On the Nonresident Indians (NRIs), he expressed, “They are today one of the brightest and the best we have to offer to the world today. These high achievers have made it big in every field of human endeavor, be it science, literature, arts or lately politics. In fact we hear a heartwarming NRI story every day. Also many Indians who came to Dubai in 1950s, came with almost empty pockets and nothing but dreams, however with talent, skills and hard work they have ultimately made it big. Some of them have also contributed handsomely to India." He further communicated that the contribution of NRIs to the Indian economy is an important source of support to the Indian government in the execution of its policies. It was in recognition of this contribution by Indians to the Resurgent India Bonds, among other things, that the first 'Pravasi Bharatiya Divas' was organized by the Ministry of Overseas Indians, Government of India, in New Delhi, from 9th to 11th January, in 2003 and since then takes place every year.

He was happy to see a new trend emerging lately, where several Indians are leaving their well-paying jobs, in USA, UK, Dubai, Singapore and going back home and standing for elections thereby changing the entire nature of discourse into more developmental. He praised the existing government in India for working actively towards creating the right conditions for Indians so that they can make a contribution and concluded by sharing his pearls of wisdom: “If we have to make this century count, if we have to make this century ours, the support of the Indian NRIs not only in terms of investment and remittances but through ideas and thoughts on how to make India reach its fullest potential is vital.”

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Experts Speak

Setting up businesses during uncertainties

Indian Diaspora makes nation proud

SynergyZ, December, 2015

He touched upon three points:

a) Vibrant India; b) The contributions made by the Indian Diaspora to their mother country; Minoo Shroff

SynergyZ, December, 2015

Experts Speak

Building Businesses and Social Foundations

early days was able to break the mold at every stage and move forward. Three important business lessons he shared with the delegates are grouped below:

Rated by ‘Fortune’ as one of Asia’s 25 most powerful persons and by ‘Esquire’ amongst the 75 most influential people of the 21st century, Ronnie Screwvala, made an impressive presentation on “Building Businesses and Social Foundations,” at the Crowne Plaza Hotel, Dubai on 20th December, 2014, in the presence of a distinguished gathering of 600 businessmen and professionals who had congregated from around the world for the Enterprise Dubai event. An entrepreneur par excellence, Ronnie shared his vast experiences and the multiple lessons learnt by him during his entrepreneurial journey. He said, Television and theatre were two things that inspired him in early life. He pioneered the cable TV in India and built one of the largest toothbrush manufacturing operations. He incorporated UTV in early 1990s. Seeking scale and capital he took investors like Rupert Murdoch and Warburg Picnus and built the stateof-the-art post-production studio and a massive animation facility thereafter by bringing in three more investors. In early 2000s, he said, the company embarked on three major initiatives. They expanded UTV in Southeast Asia, pioneered home shopping and acquired a South Indian (Tamil) language channel, Vijay TV which grew for two years when they partnered with Star TV on a 50:50 joint venture basis to broadcast across all four South Indian languages.

SynergyZ, December, 2015

In 2006, UTV pivoted to consumerfacing business, and expanded towards television network, a movie studio, games and mobile, kids channel ‘Hungama,’ (in partnership with ‘The Walt Disney Company’), youth channel ‘Bindass’ and a bouquet of three movie channels under UTV brand. He personally ventured in a new business channel – ‘Bloomberg UTV,’ by tying up with Bloomberg, the number one global name in business data. Evident from the successes of 20032004 movies - Chalte Chalte, Swades, Lakshya and Rang De Basanti, and with fair share of ups and downs, UTV created, produced, distributed, and co-produced more than 60 movies over the next decade, he said. Most of the things that Ronnie did were built from ground upwards. In February 2012, The Walt Disney, acquired UTV and Ronnie transitioned as the Managing Director of the combined entity Disney UTV, till December 2013, and then moved out of the media and entertainment business.

A valid observation he shared with the delegates was: “A mindset change still needs to take place in India for entrepreneurship to actually unleash itself because the overall parental thought process is still to have the kids follow a career option rather than going into entrepreneurship. There is still that trepidation to step out and do something on your own. There is apprehension of failure whereas in some of the western countries failure is actually rejoiced, it’s evangelized, even encouraged, because from that comes real growth, from that comes maturity, and from that actually comes success. “The fear for failure in India is one thing that needs an entire mindset change because failure is a comma, and not a full stop.” His advice to entrepreneurs desiring to start business was -“One can be called a visionary if he succeeds in business; but if one’s product is before its time he can become a failure.” He then narrated his success story on how he was the first to launch a cable service in the country and how UTV as a media conglomerate in those extremely

• The biggest challenge for India is ‘Scale,’ he said. “There are people with great ideas, bubbling enthusiasm, incredible amount of passion but taking those ideas to scale remains a constant challenge barring a few exceptions in the Indian ecosystem. As for UTV being in the media and entertainment sector, bringing in global partnerships was something he found as a great trigger to grow and scale up. Global partnerships with ‘News Corp,’ ‘Bloomberg’ and world’s renowned brand ‘The Walt Disney,’ provided strong learning lessons on how to look at scale, how to look at it with collaborative element, how to look at it from partnerships angle and take it to the next level.” • The second was ‘Talent,’ he said - “how to attract, how to recruit, how to retain and most importantly how to inspire talent sometimes acts as the biggest differentiator between failure, or average success and huge success." To him, “If anyone can inspire talent and take it to the next level, that would be moments of leap frogging.” • The third in the media industry, he said was – “If Murphy’s Law has to apply it will apply." Hence it was important to look at trends and trucks to be able to figure out what the consumer needed before it is actually required it and one has to keep on constantly questioning the constant. He said, when UTV progressed to a large screen, it was an eight year old entering into a 100-year-oldindustry and ‘Rang de Basanti’ their first film needed clearance from

the Defense Minister, the Finance Minister and the Chief of Air Force. There was no love triangle in the movie, no lilting music, and all the heroes die in the end. The moment of pride came when clearance was received and this built huge faith in them for the Indian democracy. ‘No one killed Jessica’ was another film from their banner which was produced against the recommendations of legal luminaries saying that it was not a good idea, but the team went ahead with the production. “It was a proud moment for all who had stood together and did what they believed in,” he said. When selling the company, to The

work in the form of institutions, schools, hospitals in villages yet there is “no permanent change.” Their organization instead will focus on one geography and undertake improvements in that region and exit after five years making sure their 360 degree approach has changed the self-esteem, livelihood and improved that geography. On a concluding note, he said; “A second innings isn’t about starting over. Life is about continuation, not reinvention; it’s about preserving and finding wisdom, not complacency and feels that the second innings will depend a lot on the first – what you’ve learnt and absorbed along the way and how you

Zarina & Ronnie Screwvala, Managing Trustees, Swades Foundation

Walt Disney, he and his wife Zarina wondered if they were we doing the right thing at the right time. Fortunately the team they have left behind has taken it to the next level. This completed the first innings of 25 years of Ronnie's life. Moving ahead in his second innings, he and his wife Zarina are focusing their full attention on – ‘Swades Foundation’ founded by them, with a view to improving the rural lot in India. Their observation is that many people are putting in their sweat capital and doing phenomenal

have used, and will use those learnings moving forward.

From: Ronnie Screwvala “A second innings is just a bookmark or a cornerstone, nothing more.”

SynergyZ, December, 2015

Experts Speak

Building Businesses and Social Foundations

early days was able to break the mold at every stage and move forward. Three important business lessons he shared with the delegates are grouped below:

SynergyZ, December, 2015

Zarina & Ronnie Screwvala, Managing Trustees, Swades Foundation

have used, and will use those learnings moving forward.

From: Ronnie Screwvala “A second innings is just a bookmark or a cornerstone, nothing more.”

SynergyZ, December, 2015

Experts Speak

#MyDubai With excellence as his hallmark and competence and sincerity as his strength, Issam AbdulRahim Kazim Kazim, Chief Executive Officer, of Dubai Corporation for Tourism and Commerce Marketing, made an interesting presentation on 20th December 2014, to 600 businessmen and professionals who congregated from around the world for the Enterprise Dubai event at the Crowne Plaza Hotel. Issam spoke on “The opportunities Dubai offers as a business and tourist destination.” He said, Dubai's growth story, has been extraordinary. From a small fishing village, Dubai has turned itself into a modern metropolis in a span of few decades and set ambitious targets for the future. Currently, it is the 5th most visited city by international visitors and the vision is to make it Number One!

Looking back at 1993, he said, Dubai welcomed 1 million visitors. In 2004, the number increased to 5 million and in 2012 it touched 10 million. The anticipated figure for 2020 is 20 million. With the completion of the second airport, the Al Maktoum International at Dubai World Central, the airport will be able to handle more than 150 million passengers per year. He spoke on the top markets for Dubai Tourism and said they are currently - Saudi Arabia, India, UK, USA, Russia, China, Iran, Oman, Kuwait and Germany followed by others.

combine leisure and business events with the city’s festival offering.

Taking inspiration from the success stories of ‘Dubai Shopping Festival’ and ‘Dubai Summer Surprises festival’, more festivals will be added like the ‘Motor Festival’ and the ‘Food Festival’ to public offering. A new website informing the visitor at every stage has already been launched to help visitors acquire a better experience of this destination, he said. He further added that the Dubai Tourism and Marketing Corporation (DTCM) is making a number of organisational and legislative changes to enable the continuous enhancement of this city. All changes are being designed to cater to the needs of the future tourists. The Dubai Calendar and Dubai Convention Bureau have been merged to unify the approach to leisure and business events. The Dubai Festivals and Retail Establishment (DFRE), which is responsible for the management of city-wide festivals, has become a part of DTCM, to

SynergyZ, December, 2015

Issam AbdulRahim Kazim Kazim, Chief Executive Officer, of Dubai Corporation for Tourism and Commerce Marketing

The new regulation for Holiday Homes Market and incentives to encourage development in the hotel sector have been introduced. E-permit and ticketing for creating a system that simplifies staging and selling an event, to enable customers to buy tickets from a choice of multiple outlets are also in place. Three spectacular playgrounds Dubai offers are: 1. The vast expanse of desert with its rolling dunes; 2. The warm waters of the Arabian Gulf; 3. The City itself with 5400 restaurants and cafes. On the banqueting side, it’s not just the food that counts but the total dining experience that Dubai offers. Visitors can dine at 442 meters up in the air at Atmosphere, the world’s highest located restaurant on the 124th floor of the Burj Khalifa or have dinner with sharks in restaurants surrounded by huge aquariums (Al Mahara at Burj al Arab and Ossiano in Atlantis) or further still dine on the desert dunes.

He added, Dubai has more than 95 shopping malls, including the world’s largest, Dubai Mall. Old souks, including Gold, Textile attract millions of visitors. Two of the world’s top ten waterparks – Aquaventure and Wild Wadi are great attractions for the tourists.

There is never a dull moment in Dubai. It's a city that never sleeps and is considered one of the safest in the world. Family life forms the backbone of the society and the long term vision of DTCM is to make Dubai a more affordable family leisure destination, he said.

The Art galleries in Dubai have transformed the industrial area of Al Quoz. There are hundreds of night spots and to add to this, is a plethora of music events – a sector that Dubai is becoming increasingly renowned for. Dubai’s state-of-the-art facilities are grabbing the attention of musicians and they are increasingly adding Dubai to their world tour schedule.

He complimented the new initiative ‘# My Dubai’ launched by Dubai’s Crown Prince H.H. Shiekh Hamdan bin Mohammed bin Rashid Al Maktoum.It is a commendable initiative. It will create the world's first visual autobiography of a city that is truly mine, yours and ours.

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Experts Speak

combine leisure and business events with the city’s festival offering.

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Issam AbdulRahim Kazim Kazim, Chief Executive Officer, of Dubai Corporation for Tourism and Commerce Marketing

SynergyZ, December, 2015

Awards

Zoroastrian Ratna Awards and Legendary Service Awards Enterprise Dubai hosted a prestigious awards ceremony on 20th December, 2014 at the Crowne Plaza Hotel, Dubai. The awards honored the determination, hard work and personal achievements of men and women in the Zoroastrian community who are at the forefront of their industries, public and community service. The awards were presented by a Member of the Royal Family, H.H Shaikh Saeed bin Hasher Al Maktoum, and Chairman, Al Fajr Group of Companies. Over 600 people witnessed the ceremony. The awards were conferred in three categories: • Zoroastrian Ratna Awards • Scroll of Honor • Legendary Service Awards The Zoroastrian Ratna Awards, created for the first time, were conferred upon the following families to honour their philanthropy: • Godrej Family • Jokhi Family • Jeejeebhoy Family • Sidhwa Family

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The Scroll of Honor was conferred on Lord Karan Bilimoria, C.B.E., D.L. The Legendary Service Awards were conferred upon the following personalities: Fali Major – Highest Civilian Service Minoo Shroff – Public and Community Service Burjor Antia – Excellence in Legal field Homa Petit – Humanity and Philanthropy Dadi Mistry – Communal Responsibility Neville Shroff – Public and Community Service Dr. Keki Turel – Excellence and Innovation in Medical Field Katayun Kapadia – Community Service Roshan Rivetna – Preserving Zoroastrian culture and for editorial work

H.H. Sheikh Saeed bin Hasher Al Maktoum, Member of the Royal Family and Chairman, Al Fajer Group of Companies, presented the Zoroastrian Ratna Awards and the Legendary Service Awards to the distinguished personalities on 20th December, 2014 at the Crowne Plaza Hotel, Dubai

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Awards

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Zoroastrian Ratna Awards

Nadir Godrej, Managing Director, Godrej Industries, received the ‘Zoroastrian Ratna Award’ for the illustrious Godrej Family from H.H. Sheikh Saeed bin Hasher Al Maktoum, Member of the Royal Family and Chairman, Al Fajer Group of Companies

Rustom Jokhi, President, S.F. Jokhi & Company, Hong Kong received the ‘Zoroastrian Ratna Award’ for the illustrious Jokhi Family from H.H. Sheikh Saeed bin Hasher Al Maktoum, Member of the Royal Family and Chairman, Al Fajer Group of Companies

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Zoroastrian Ratna Awards

SynergyZ, December, 2015

Zoroastrian Ratna Awards

Byram Jeejeebhoy, Chairman, Byramjee Jeejeebhoy Pvt. Ltd., received the ‘Zoroastrian Ratna Award’ for the illustrious Jeejeebhoy Family. Seen in the picture is his son Jamshed Jeejeebhoy, Director, Byramjee Jeejeebhoy Pvt. Ltd., Mumbai receiving the Award from H.H. Sheikh Saeed bin Hasher Al Maktoum, Member of the Royal Family and Chairman, Al Fajer Group of Companies

Freddy Sidhwa, Chairman & Managing Director, Seven Seas Services Group, received the ‘Zoroastrian Ratna Award’ for the illustrious Sidhwa Family. Seen in the picture is his wife Freny Sidhwa & their son Shahvir Sidhwa, Group CEO, Sidhwa Holding, UAE, receiving the Award from H.H. Sheikh Saeed bin Hasher Al Maktoum, Member of the Royal Family and Chairman, Al Fajer Group of Companies

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Zoroastrian Ratna Awards

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Scroll of Honour

Legendary Service Awards

Air Chief Marshal Fali Homi Major, Chief of the Air Staff of the Indian Air Force received The Legendary Service Award for Highest Civilian Service

Neville Shroff received The Legendary Service Award for Public and Community Service

Lord Karan Bilimoria, C.B.E., D.L. received â&#x20AC;&#x2DC;The Scroll of Honourâ&#x20AC;&#x2122; from H.E. Mr. Mirza Al Sayegh, Director, Office of H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and the Finance Minister, UAE

SynergyZ, December, 2015

Homa Petit received The Legendary Service Award for Humanity and Philanthropy

SynergyZ, December, 2015

Scroll of Honour

Legendary Service Awards

Air Chief Marshal Fali Homi Major, Chief of the Air Staff of the Indian Air Force received The Legendary Service Award for Highest Civilian Service

Neville Shroff received The Legendary Service Award for Public and Community Service

SynergyZ, December, 2015

Homa Petit received The Legendary Service Award for Humanity and Philanthropy

SynergyZ, December, 2015

Legendary Service Awards

Minoo Shroff received The Legendary Service Award for Public and Community Service

Katayun Kapadia received The Legendary Service Award for Community Service

Burjor Antia received The Legendary Service Award for outstanding contribution in the Legal field

Dr. Keki Turel received The Legendary Service Award for Excellence and Innovation in the Medical field

SynergyZ, December, 2015

Dadi Mistry received The Legendary Service Award for Communal Responsibility. Seen in the picture is his son Armeen Shroff receiving the award from His Excellency

Roshan Rivetna received The Legendary Service Award for Preserving the Zoroastrian Culture and for Editorial work

SynergyZ, December, 2015

Legendary Service Awards

Minoo Shroff received The Legendary Service Award for Public and Community Service

Katayun Kapadia received The Legendary Service Award for Community Service

Burjor Antia received The Legendary Service Award for outstanding contribution in the Legal field

Dr. Keki Turel received The Legendary Service Award for Excellence and Innovation in the Medical field

SynergyZ, December, 2015

Dadi Mistry received The Legendary Service Award for Communal Responsibility. Seen in the picture is his son Armeen Shroff receiving the award from His Excellency

Roshan Rivetna received The Legendary Service Award for Preserving the Zoroastrian Culture and for Editorial work

SynergyZ, December, 2015

Panel Discussion

New Technologies in Medical Field

treatment can be administered quickly.

To understand the advancements in the medical field, a panel of eminent doctors from USA, India and UAE gathered on 19th December, 2014 at the Enterprise Dubai event that took place at the Crowne Plaza Hotel, Dubai and spoke on the breakthrough technologies in the medical field that will be available in future. The session proved to be quite informative and was appreciated by all delegates.

Dr. Cyres Mehta Surgical Chief, Head of Cataract Glaucoma and Reflective Surgery, International Eye Centers, Mumbai Describing modern cataract surgery as “The miracle of the 20th century,” the well-known ophthalmic surgeon, Dr. Cyres Mehta started off his presentation by speaking on ‘Couching,’ the earliest documented forms of cataract surgery. He said, ‘Cataract’ means a clouding in the lens of the eye. In 1940, Harold Ridley, was the first ophthalmologist to invent artificial intraocular lens in London. Thereafter, the development of Speciality Lens in the late 20th century and early 21st century, offered the ophthalmologists an opportunity to make major changes in cataract surgery. They started making smaller incisions. The current procedure involves making an incision of 0.7 mm and sucking out the cataract and injecting artificial lens in its place. The new trifocal lens enables the person to see far, near and intermediate objects. The whole procedure takes four to five minutes. No sutures are required. Instead eye drops are used to numb the eye which leads to quicker recovery.

SynergyZ, December, 2015

Dr. Zubin Nalladaru Consultant Cardiac Surgeon, Mediclinic Hospital, Dubai

Dr. Sabrena Noria Assistant Professor of Surgery and Bariatric Surgeon, The Ohio State University Medical Centre Columbus, Ohio, USA

Dr. Keki Turel Neurosurgeon, & Head of Neurosurgery, Bombay Hospital, Mumbai

Leading heart surgeon Dr. Nalladaru discussed a few shocking facts about heart diseases. He said, “It is the number one killer of human beings today. It kills nearly 7 million people a year, wondering whether we are paying the price for rapid urbanization?” He was surprised that the disease is fast catching up in young people and women. Speaking on the causes of heart ailments, he said they are obesity, sedentary lifestyle, love for supersizing junk food, hypertension, diabetes, cholesterol and smoking. While CT scan, MRI, Petscan, three dimension cardiogram, intravascular ultrasound are used for diagnosing complications, the modalities for cure are – medication, angioplasty, stenting, open heart surgery, endoscopy and robotic surgery. In future, he expects stem cell, gene therapy, nano technology, nano robotics, growing organs in the lab as breakthrough treatments.

Young and talented, Dr. Noria kicked off her presentation on “Globesity: the Pandemic of the 21st century.” She said the term “Globesity” is a blend of global with obesity, a medical condition in which excess body fat accumulates to the extent that it may have a negative effect on health. A person above the BMI of 30 is considered obese. Obesity is an interplay between genetics, behavior and environment. Obesity increases the risk of many diseases in a person, like high cholesterol, hypertension, diabetes and sleep apnea. Bariatric surgical procedures like gastric bypass, gastric sleeve and gastric band are performed by doctors to control severe obesity. Future intervention includes development of new devices, stenting and deep brain stimulation for weight loss. Currently the doctors at the Ohio University, have transitioned from a surgery program to metabolic / medicine program with involvement of multiple specialists, believing that not all roads lead to surgery.

A surgeon with gifted hands, Dr. Keki Turel described how the brain exercises the greatest power in man although it barely weighs 1400 gms. He then explained the truth about the left brain and right brain and how mathematical, and logical processing are usually carried out in the left hemisphere, while spatial recognition, emotion processing and artistic functions usually occur in the right. Mentioning that Jivaka was the first person to do neuro surgery in India, he said, he was the first Surgeon to introduce micro surgery in India, in late '70s. He was also the first Surgeon to have operated on an 18 year-old blind Yemeni boy with brain tumor possibly the largest weighing 550 gms. Thereafter he operated on an AIDS patient with hydrocephalus – abnormal accumulation of cerebrospinal fluid in 1988. His neurosurgical operations at times last for 27 hours. He uses different protocols like MRIs; brain angiography for diagnosis but the latest he mentioned was the idpad and iphones. In the foreseeable future, he expects drones to bring equipment and medicine to the accident site. He advised that patients should not be afraid of brain surgery and consult a neurosurgeon so that effective

Dr. Rustom Soonawala Gynaecologist & Head of Dept. Jaslok Hospital, Breach Candy, Masina, Parsee General and Saifee Hospital, Mumbai

Mr. Burjor Antia Prominent Legal Practitioner and Partner, Mulla & Mulla & Craigie Blunt & Caroe, Mumbai

Padma Shri Dr. Rustom Soonawala said, 100 years ago human life expectancy was 55 yrs. Today it is 85 and by 2020 it will be 100. Concerned about adding years to life, he said, it should not be a bedridden life. As India's leading Gynaecologist, he said the first trimester of pregnancy is important, and pregnant women should take folic acid, zinc, and B12 for a healthy baby. He cautioned against unplanned pregnancy. According to him, the formation of new life by meeting of two cells, is nature’s greatest miracle. He touched upon stem cell banking - a new science and said anti-biotics will become obsolete in the next few years. Instead immunization and genetics will be the medicine of the future. He advocated annual health checkups after the age of 35 for women. As a Senior Doctor he believes that 80% of the diagnosis can be done through proper interrogation. He summed up saying, if people have to choose, between health, wealth and prosperity, wise people will choose health and prosperity above wealth, as excessive wealth without good health is of no use.

Burjor Antia is an advocate, solicitor and notary, with half a century of legal practice to his credit. He is a conscientious member of his profession. Specialising in banking, trust laws, commercial, conveyancing, corporate and arbitration laws, he is a muchsought after expert by several well-known corporate houses and public sector companies in India and international financial institutions. A philanthropist and a proud Zoroastrian, he has received formal training and knowledge in the religious theory and practice of Zoroastrianism at the MF Athornan Institute, Andheri, Mumbai. When Burjor Antia, was called to present the lovely momentos to the panel doctors he said, "These doctors are the jewels of our community. They have accomplished a lot and contributed significantly to the medical field. We are fortunate to have then here with us today."

SynergyZ, December, 2015

Panel Discussion

New Technologies in Medical Field

treatment can be administered quickly.

SynergyZ, December, 2015

Dr. Zubin Nalladaru Consultant Cardiac Surgeon, Mediclinic Hospital, Dubai

Dr. Sabrena Noria Assistant Professor of Surgery and Bariatric Surgeon, The Ohio State University Medical Centre Columbus, Ohio, USA

Dr. Keki Turel Neurosurgeon, & Head of Neurosurgery, Bombay Hospital, Mumbai

Dr. Rustom Soonawala Gynaecologist & Head of Dept. Jaslok Hospital, Breach Candy, Masina, Parsee General and Saifee Hospital, Mumbai

Mr. Burjor Antia Prominent Legal Practitioner and Partner, Mulla & Mulla & Craigie Blunt & Caroe, Mumbai

SynergyZ, December, 2015

Panel Discussion

Minoo Shroff

Homa Petit

Neville Shroff

father’s sound advice was - If you look after your staff well, they will look after you. This ethos has stayed with him. As far as good governance is concerned he said, they pay their staff well and reward them with good bonuses. This approch has helped them in operating successfully in different geogrophies.”

Panel Discussion

Corporate Social Responsibility (CSR) & Good Governance Kicking off a lively discussion, Nozer Buchia, the acclaimed motivational and inspirational speaker, from the US, and Chair of this session asked six distinguished panelists from India, Hong Kong and UK, a few pertinent questions on CSR and good governance. The first question was posed to Minoo Shroff, Global President WZCC - “How can someone fix things that involve good governance during times of weak governance, bad politics, and a spring of corruption scandals?” Minoo Shroff said: Businessmen in India have started realizing the value of good governance. Many families are now educating their children overseas. India now has a decisive Prime Minister, who is trying to do away with bureaucracy, the root of all evil, and making 2% CSR statutory. All this is good news as far as CSR and good governance are concerned. The second question was posed to Homa Petit, a wellrespected Attorney, and the President, B.D.Petit Parsee General Hospital on: “The biggest issue facing the corporations today, whether in his opinion it is the right versus wrong or the ethical versus illegal?” Homa Petit narrated a short story: “As a young solicitor, I was approached by a leading bank seeking advice on two matters. The first being, whether a case should be filed on a truck driver 44

SynergyZ, December, 2015

who had taken a loan from the bank but thereafter lost both his legs below the knees, in an accident and could not repay the loan. The second was, whether the bank should file a case against an eminent person who stood as a guarantor for a loan that was taken by his brother who had defaulted on the payments." He said that he informed the bank that as far as the first case was concerned though legally the Bank could go ahead and file a suit but knowing that the man had already suffered so much in life, repayment would be difficult. In the second case, he advised, the bank stood chances of recovery from the guarantor. However, the reward he received for distinguishing right from wrong or ethical from illegal was a note sent by the Branch Manager to his higher ups that clearly indicated that the advice did not go down well with the bank, especially in the first case. Thinking in retrospect, he still feels it was the right advice he had given at that time. Nozer then asked a question to Neville Shroff, CEO Shroff and Co. Hong Kong: “On the steps taken by him to ensure proactive fiduciary responsibility and proper governance within his corporates whilst operating in different geographies.” Neville said: “His was a family oriented company. It was incepted by his father so the ethos of CSR and good governance were laid down quite early in life. His

Nozer then turned to Dinshaw Tamboly, Trustee WZO Trust Funds and asked him to highlight “The factors that are leading to poverty in the community.” Dinshaw Tamboly said, “Poverty is a result of two factors. Firstly, the low demographic count and secondly the low workparticipation ratio.” He praised the large corporates for doing their best to help the community, especially Navajbai Tata Trust and the Sir Ratan Tata Trust and donating substantial amounts as corpus funds for the farmer’s rehabilitation project and the Senior Citizen’s Centre in Navsari that are being handled by the WZO Trust in Mumbai and Navsari. Nozer then turned to Byram Jeejeebhoy, Chairman, Byramjee Jeejeebhoy Pvt. Ltd and asked him, “To identify the steps his trust is taking to ensure that the charity funds actually reach out to those who are deserving.” Byram said, “A back office has been setup that takes care of all the applications and ensures that proper checks and balances are in place so that charity is directed towards purposes of needs rather than wants.” Dinshaw Tamboly then added, “It is high time our charitable trusts reinvent themselves and start allocating funds, apart from helping the elderly and physically challenged, towards entrepreneurship projects so that it generates selfemployment and our community people can be brought back into the main stream. In other words, teaching a man how to fish so that he can be fed for a life time.” Nozer finally posed a question to Lord Karan Bilimoria, C.B.E, D.L, asking him “What CSR and good governance means to him as a blend between being a politician in the House of Lords in Britain and an entrepreneur?” Lord Bilimoria advised: “Politics and entrepreneurship are two different worlds. However good governance applies to both. I

Dinshaw Tamboly

Byram Jeejeebhoy

Lord Karan Bilimoria, C.B.E., D.L.

would like to touch upon good governance from the perspective of my joint venture company with Molson Coors. The family of Coors goes back 200 years, but their values are still deeply rooted in the business. In terms of CSR, Cobra is supporting a lot of charities not because we are told but we do it instinctively. The Cobra Foundation provides health, education and community support in South Asia. Belu and Cobra Foundation last year launched a new water bottle for Wateraid. 100% of the profits go to transform lives around the world with clean water, safe toilets and hygiene education.” Finally, two more questions were asked to the entire panel by Nozer, whether “Unethical is different from illegal’ and their take on ‘Ethics versus survival especially when a person is starting life, or starting a business and is suffering. Should they condone it or not?” The panel summed up saying, that unethical is far more dangerous than illegal. Whilst illegal is easy to identify, unethical is not that simple to identify especially when dealing with people. As far as the management of charity trusts is concerned, trustees have to be ethical at all times because ethics plays a major role in the lives of Trustees and they should not condone going the legal way if they find that the action is unethical.

Nozer Buchia, facilitator of CSR session

SynergyZ, December, 2015

Panel Discussion

Minoo Shroff

Homa Petit

Neville Shroff

Panel Discussion

SynergyZ, December, 2015

Dinshaw Tamboly

Byram Jeejeebhoy

Lord Karan Bilimoria, C.B.E., D.L.

Nozer Buchia, facilitator of CSR session

SynergyZ, December, 2015

Panel Discussion

Panel Disscusion

Can UAE become the Business Capital of the World?

Mobility theme

Sustainability theme

Opportunity theme

In November 2013, the United Arab Emirates won the right to host the World Expo in Dubai in 2020. This is the first time that the World Expo will be staged in the Middle East, North Africa and South Asia (MENASA).

Expo 2020 will offer a perfect platform for SMEs to expand, be more creative and improve their business. They will have a vital role to play in ensuring that the event is a resounding success.

The Expo is touted to be the first Expo in which the majority of visitors will stream from international spots, making it the most inclusive international event in World Expo history.

• Major infrastructure projects will include the expansion of the Dubai Metro Red line; new concourses at the Maktoum International Airport; interchanges on the Sheikh Mohammed bin Zayed road; and the construction of the main Expo 2020 center.

• An estimated USD 8.8 billion will be spent on developing the infrastructure and facilities necessary for this event.

World Expo 2020

The underlying objective of Expo 2020 is the power of partnership and collaboration in pioneering new paths of development and innovation. This will be reflected by the strategic public and private sector partnerships (PPP) that will be built during the planning and delivery of the event. The innovative site design and the tangible solutions that Expo 2020 Dubai will deliver is based around themes of Mobility, Sustainability and Opportunity. According to the Dubai Economic Department (DED), SMEs hope to generate a windfall of AED 90 billion from Expo 2020. Dubai expects a 10 per cent growth in visitor numbers every year, mounting to 20 million by 2020. Currently, 95 per cent of the total enterprises in the state comprise of SMEs and they contribute 42 per cent of the total workforce and 62 per cent of the GDP. The 48

SynergyZ, December, 2015

Predictions for Expo 2020:

• The Expo will help the construction, transport, tourism and hospitality sectors and consulting firms. • 10 per cent of government contracts will be awarded to SMEs to reinforce commitment. • Majority of the new mega-projects will be initiated by large-scale developers such as Meraas, Emaar, Nakheel, Dubai Properties and Damac.

A panel of influential players in the UAE’s commercial and real estate market joined a panel discussion, at the Crowne Plaza hotel on 19th December 2014, to discuss “Can UAE become the Business Capital of the World? The panelists agreed that UAE can fend off its global competitors to become the world’s premier business capital as a wave of major new development and infrastructure projects ahead of Expo 2020 will position the Emirates as the most compelling destination for businesses through a base that is cost-effective, incredibly wellconnected, and one that offers an attractive cosmopolitan lifestyle.

• Emaar will develop an integrated urban center and golf destination in a prime location at Dubai World Central which will be the home to Expo 2020. • Expo 2020 is expected to produce 300,000 direct new jobs and one million indirect opportunities.

“

Currently, 95 per cent of the total enterprises in the state comprise of SMEs and they contribute 42 per cent of the total workforce and 62 per cent of the GDP.”

Suresh Kumar, Group Chairman of Values Group and Chairman, Federal Bank who chaired the debate said, “The foundations for the UAE to become a business capital of the world have been in place for almost four decades now. The vision of the leaders has been a key driver in transforming Dubai from a pearling village to a large metropolis. Factors like the nimbleness of trade; improved banking regulations and legal frameworks; setting up of free zones; low or no taxes; have all helped Dubai to evolve into an entrepôt. With further improvements in policies and regulations, the UAE can easily become the business capital of the world in the next few years.” He concluded by recalling the words of H.H. Sheikh Mohammed bin Rashid

Al Maktoum, the Vice President and Prime Minister of the UAE and the Ruler of Dubai: “It's a race for Excellence,and there is no Finish Line.”

Suresh Kumar, was joined by Mohan Valrani, Chairman, Al Shirawi Group of Companies, who said, “There is tremendous confidence in Dubai, and people are using it as an international hub, as well as a destination for business and tourism. 85% of Dubai’s population is expatriates. The fact that there is no tax liability permits everyone to breathe fresh air. This is the only place where fresh talent both creative and innovative want to come and work. One mega event will not make or break this progressive city whose fundamentals are so strong and business oriented.”

Surender Kandhari, Chairman, Al Dobowi Group said, as the United Arab Emirates gears up for World Expo 2020, we are seeing a new wave of development projects

coming forward. These projects will directly support the retail and the industrial sectors. Most of the Fortune 500 companies now have offices in the UAE, a sign that we truly are a global business hub. He further expressed, “Whilst all cities in the world may be good, some even better, Dubai is the best and conveyed his gratitude to the Dubai government for donating 25,400 sq. feet of land to the Sikh community to build their most modern Gurudwara where 1000 people are fed free every day and 10,000 on fridays and on the birthday of Guru Gobind Singh.”

Kamlesh Sampat, Director SPF Realty, commented, “Architecture has put Dubai and the UAE on the global map. The price of real estate is one-sixth compared to Hong Kong and there is virtually no bureaucracy. I have not seen such a friendly country towards individuals and corporates. It treats the entire world as its customer. He added, new projects like Al Maktoum International Airport at Dubai World Central in Dubai and Etihad Rail, will transform connectivity and global access to the UAE. But, most importantly, the vision of the leadership will be the key driver in transforming this country as the Business Capital of the world."

SynergyZ, December, 2015

Panel Discussion

Panel Disscusion

Can UAE become the Business Capital of the World?

Mobility theme

Sustainability theme

Opportunity theme

Expo 2020 will offer a perfect platform for SMEs to expand, be more creative and improve their business. They will have a vital role to play in ensuring that the event is a resounding success.

The Expo is touted to be the first Expo in which the majority of visitors will stream from international spots, making it the most inclusive international event in World Expo history.

• An estimated USD 8.8 billion will be spent on developing the infrastructure and facilities necessary for this event.

World Expo 2020

SynergyZ, December, 2015

Predictions for Expo 2020:

“

Currently, 95 per cent of the total enterprises in the state comprise of SMEs and they contribute 42 per cent of the total workforce and 62 per cent of the GDP.”

Al Maktoum, the Vice President and Prime Minister of the UAE and the Ruler of Dubai: “It's a race for Excellence,and there is no Finish Line.”

Surender Kandhari, Chairman, Al Dobowi Group said, as the United Arab Emirates gears up for World Expo 2020, we are seeing a new wave of development projects

SynergyZ, December, 2015

Branding

CREATE YOUR IDENTITY

EXTEND GOOD CUSTOMER SERVICE

EDUCATE YOUR AUDIENCE

BE CONSISTENT IN BUSINESS

ENGAGE YOUR TARGETED AUDIENCE

GET THEM EMOTIONALLY ATTACHED

BRANDING

BE CREATIVE TELL YOUR STORY

BUILD TRUST & CREDIBILITY

SynergyZ, December, 2015

Branding

If you want a successful brand, you first have to decide:

No matter who we are, most of us focus a lot on our identity and how others see us.

1. What you want your clients to think and feel when they hear your name or see your logo.

This is true for individuals, as well as businesses. Our identity is our story, and we are always trying to tell the story of who we really are.

2. You can’t assume your clients feel a certain way, but rather, you need to control those feelings.

It is clear that building a great brand and shaping your customers into thinking that you are the goto company is the way to being successful, but how do we change how the customers think?

In business, creating an identity and telling the story is called Branding.

3. In order to control your clients’ feelings, you have to first control their thoughts.

The answer is simple - there are five key elements that the most dominant brands have in common.

Branding is what sets businesses apart, and the right kind of branding will help your clients write their own story about you based on what you want them to feel.

4. Once you know what your clients are thinking and you begin to shape those thoughts, you can then access their emotions.

The five key elements of dominating companies are:

Take Nike for example. Just the name, or even just the swish, conjures up an image in your mind. If you wear Nike-brand clothes, you are an athlete. You may not know what the word “Nike” means and you may not understand what the swish is, but you do know that Nike is synonymous with athletic. You are willing to stand in line longer and pay more for the Nike brand because of the emotions and images that the brand is associated with. This is exactly what the CEO at Nike wants you to think, feel and do. Your client’s response determines your brand. It is not what you tell your clients, but rather, it is the story your clients tell about you. The most successful companies leave nothing to chance. Through branding and a very specific and well-crafted game plan, they decide on the story they want the customers to tell and ensure that it happens.

5. If your name evokes certain emotions in the clients, you can then control their behaviors, including what they tell others and the actions they are willing to take regarding your services or products. Take the shoe company Zappos, for example. Zappos revolves their entire brand around service. Many companies talk about services, but the entire strategy for Zappos revolves around what they say their Brand is. For example, their customer service center has no time limit and representatives are encouraged to keep customers on the phone as long as possible to achieve full customer satisfaction. Instead of focusing on marketing, Zappos focuses on emotions. When people see the name “Zappos”, they immediately think about an amazing customer service experience. While many companies believe that they have to put everything into marketing their name, Zappos did the opposite. They put everything into customer service and making their brand synonymous with a great customer experience. As a result, they grew to $1 billion in

sales even during the economic crash when other businesses were quickly failing.

1. Stop thinking like everyone else. Be creative and get rid of the box. 2. Educate your audience based on their fears, concerns, and feelings. Instead of bombarding them with information.

Fred Sarkari is an International Keynote Speaker.

3. Get them emotionally attached and involved. You got them to listen, and now you need to tell them *what* you want them to listen to.

As a licensed Psychotherapist Fred has researched Behavior Patterns and how they impact our corporate and personal lives.

4. Engage your targeted audience. Be relevant in their daily story line so that your story becomes a part of their experience.

www.FredSarkari.com

5. Finally, be consistent. Your customers need to know what to expect when they hear your name. Your brand is synonymous with how you make your clients feel.

“

In business, creating an identity and telling the story is called branding.”

In conclusion, change your own thinking and then educate your target audience, helping them to become emotionally attached and engaged in your story, and you do it consistently so that clients know what to expect.