SynergyZ Vol 18 Oct 2019

LEADERS & ACHIEVERS WZCC DIALOGUES REIMAGINING WZCC FLOURISHING AHEAD EVENTS THAT SHAPED THE WORLD YEAR BY YEAR

WZCC AGM & AWARDS | INTERNET OF THINGS | TRENDS 2020 | THE GROWTH STORY OF TATA GROUP | CONVERSATION WITH A CEO | BLOCK CHAIN TECHNOLOGY | ZOROASTRIAN SHARK TANK | AND MORE...

PM MOtDI HONOURED WITH ‘ORDER OF ZAYED’

Indian Prime Minister Narendra Modi was conferred with the ‘Order of Zayed’ UAE’s Highest Civilian Honour, on Saturday on 24th August, 2019.

The Award was bestowed as a mark of appreciation for his efforts to boost bilateral ties between the India and the United Arab Emirates.

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EXPO THEME “Connecting Minds, Creating a Future”

What is Expo 2020 Dubai?

WELCOME THE FUTURE 20th October, 2020 to 10th April, 2021

Here’s what you need to know in a nutshell.

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The first World Expo to be ever held in this region.

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Welcoming the world to the UAE for six months.

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Celebrating Culture, Collaboration and Innovation.

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Aiming to leave a meaningful and lasting legacy.

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25 million visitors expected to visit the Expo.

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Build partnerships and inspire ideas that will forge the world of tomorrow.

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The sub-themes - Opportunity, Mobility and Sustainability will be the key pillars that will guide the journey.

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VISIONS

As the sun sets on the Liwa region, local tribesmen lead their camels to a grazing area in neighbouring places. These shifting sands create hugh crescent-shaped dunes, which move slowly and can reach 500 feet high.

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A life well spent on all counts Sir Dadabhai Naoroji, was given the sobriquet - ‘the Grand Old Man of India’ which was to his liking, but do you know the reason why?

This is because of his impeccable abilities and the vast contributions that he selflessly put forth for India’s freedom struggle as well as betterment of its citizens.

A city with a living Culture Ahmedabad

Born on 4th September 1825, to a Parsi family in Bombay, Dadabhai Naoroji was the only son of Naoroji Palanji Dordi, a priest, and his wife, Manekbai. His father was involved in community affairs from the 1850s till the time of his death.

At the age of 11, Dadabhai Naoroji married Gulbai, the seven-year-old daughter of Sorabji Shroff, also a priest.

He was educated at Elphinstone College, Mumbai, where he became a teacher, and with his appointment to the chair of Mathematics and Natural Philosophy in 1854, he became the first Indian Professor. He was renowned as an intellectual, educationist, a businessman in cotton trading and most importantly as an early Indian political and social leader. He was instrumental in the formation of the Indian National Congress and responsible for the establishment of the Royal Asiatic Society of Bombay and the East Indian Association in London. His distinguished caliber also led him to become the first Indian to become a Member of the Parliament of the British where he held the responsibilities of a Member of Parliament in the United Kingdom House of Commons.

A believer of equality and an upholder of progressive views, Dadabhai Naoroji believed in the equal treatment of both men and women and was a forerunner that advocated for education among the women.

Sir Dadabhai Naoroji (1825 - 1917)

Mahatma Gandhi wrote to Naoroji in a letter of 1894 that “The Indians look up to you as children to the father. Such is really the feeling here.” Bal Gangadhar Tilak also admired him.

Dadabhai Naoroji died in Mumbai on June 30, 1917. An intellectual, educator, writer and reformer, he is best known as one of the earliest Indian National Leaders.

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Originally the college was founded as Ahmedabad Medical School in 1871. It was renamed as B.J. Medical School after the businessman and philanthropist Sir Byramjee Jeejeebhoy in 1879 who provided significant amount of monetary help to the institution. The college is affiliated with Gujarat University for its undergraduate and post graduate programs.

The heritage walk in Ahmedabad is very popular. It goes from Pols to Pols (narrow lanes) and you pass many direction posts, bird feeders at almost every chowk and guess what – you pass many hidden ways from one Pol to another! Doesn’t the place sound fascinating enough?

Sidi Saiyyed Mosque - Ahmedabad The Sidi Saiyyed Mosque, popularly known as Sidi-Saiyyed ni-Jali locally, built in 1572-73 AD, is one of the most famous mosques of Ahmedabad, Gujarat, India. Ahmedabad is a city with a ‘living culture’ dating back to 1411, when it was founded

by Sultan Ahmad Shah on the banks of the Sabarmati River.

The arrival of Parsis to this historic city was in the 18th century.

The first three Parsi families that settled in Ahmedabad were Kothawala, Vakil and Karanjawala. Even today, there are around 1700 Parsis living in this city. Over the years, the Parsis have left deep imprint on the city’s social fabric through their social initiatives, philanthropy and entrepreneurship. They have also given a number of firsts – ice factory, department store, bicycle factory to luxury hotel. The Gulbai Tekra, Byramjee Jeejeebhoy Medical College and Dinbai Tower are all named after Parsi personalities.

Ahmedabad is one of those cities which has preserved its old charms and is moving on with time without letting go of its heritage. One doesn’t get on the UNESCO Heritage City List for no reason right?

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December, 2019 Volume - 18

CONTENTS

DISTINGUISHED HONORARY MEMBERS OF WZCC All exemplary and inspirational leaders

Nadir Godrej, India

Alayar Dabastani, U.s.a.

Minoo Shroff, India

Fali Nariman, India

Pallonji Mistry, India

Lord Karan Bilimoria, Cbe. Dl U.k.

Byram Avari, Karachi

Dr. Jamshed J. Irani, India

Sam Balsara, India

Nusli Wadia, India

Jal Shroff, Hong Kong

Dinyar Devitre, Usa

Year - 2000

The Global President’s Message By: Edul Daver

WZCC Dialogues Reimagining WZCC flourishing ahead

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Charting Change, Enabling Development Three stories of powerful leaders and achievers

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How to have an engaging conversation with your CEO By: Fred Sarkari Trends that will shape the organisations in 2020 By: Nozer Buchia

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Year - 2003

Meet the Entrepreneurs - 2018 recipients Of WZCCI & WZOT Funding Program By: Delaveen Tarapore

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Internet of Things By: Xerxes Wania

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History Year by Year

A visual guide to the events that shaped the world

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Disruptive Technologies Industry Leaders offering their insights on the challenges of disruptive technologies

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WZCC AGM & AWARDS

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Jobs that will be in demand for next 10 years and endangered jobs

The Zoroastrian Shark Tank By: Delaveen Tarapore

How Block Chain Technology is changing the world today By: Afreed Mistry 10

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The Benefits of having a Mentor

How mentorship helps in performance improvement

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The growth story of TATA Group

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Year - 2004

Year - 2002

Year - 2005

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Economist’s View New Technology Development

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Year - 2001

Year - 2006

Year - 2009

Year - 2007

Year - 2011

Year - 2008

Year - 2018

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Message

Louvre - Abu Dhabi Stunning highlights from the Louvre, the art and civilization Museum, located on the Saadiyat Island Cultural District in Abu Dhabi.

Meher Bhesania

A Blueprint for WZCC Portrait of a woman Pablo Picasso France, 1928

Persian Guard Iran, 510 BCE

Self portrait Vincent Van Gogh France, 1887

Vase decorated with dancers Sassanid Empire, 400 - 600 CE

Le Bohémien, by Édouard Manet 1861 - 1862

A beautiful Statue on display

We make no excuse for making the theme of this year’s issue more to do with ‘Learning.’ Hence you will find exceptionally good ideas emerging from this issue especially the one that relates to ‘Reimagining WZCC flourishing ahead.’ We hope you like this new direction – it’s based on the belief that SynergyZ can become an indispensable medium for creating a blueprint.

Speaking of which, we looked into areas such as strategy, infrastructure, delivery channels, revenue building at WZCC. We appreciate the cooperation received from our directors who responded to our questions, after focusing on areas of real practical value that will result in a paradigm shift at WZCC.

things’; ‘Trends that will shape the organisations in 2020’; ‘Job market – 2030’; ‘Block chain Technology’; ‘How to have an engaging conversation with your CEO,’ the Zoroastrian Shark Tank program which made a splash in Los Angeles, USA and more...

There is one more article packed with stunning images and fascinating facts - ‘History Year by Year’ - an exploration of the events, people, and discoveries that have shaped the world in which we live. Beginning with the emergence of our earliest ancestors the story takes you through the development of cultures, nations, ideas and technologies around the world to arrive at the present day. Adding a bit of history to a journal always enhances its value. Also, studying and learning history helps people to establish connections between facts. Do preserve this issue as such issues are rare to come by. Also the ‘The Growth Story of Tata Group’ and its founder Jamsetji Tata is evocative.

Finally, at a time when IT is continuing to accelerate with its options to business, we take time to pause and offer some advice on how best to protect data as data can be put to better use and how the block chain technology is changing the world. Further, there is a powerful message from industry leaders offering insights on the challenges posed by disruptive technologies and how SMEs should first try to navigate through the complexity that surrounds the digital world.

We will of course be very interested to get your inputs and feedback on any of these articles, so please don’t hesitate to contact us on wzccsynergy@gmail.com.

In the meantime – good reading and a Happy New Year from the entire team of SynergyZ!

The SME sector as you know, is always the most turbulent Meher Bhesania one in any nation’s economy and we are glad that Chairman, SynergyZ WZCC-I and WZOTF took a stand and introduced the ‘Business Funding Program’ that offers returnable grants to businessmen and professionals to our community members in India. The funds can be used to start a new business or expand it. Fast and effective this facility will be a real boon to members in their ‘downstream’ relationships with customers and their life ‘upstream’ as borrowers and corporate purchasers. Interviews of the first four recipients who received funding facility under this new initiative are covered in this issue.

Interior decoration with an allegory of nobility France Paris, 1650 CE

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Chinese porcelain, Kangxi era (1662-1722) gilded bronze

Woman in wollen garments Bactria 2300-1700 BCE

Also contained in the issue are inspiring articles of our contributors on ‘Leaders and Achievers’; ‘Internet of SynergyZ, December, 2019

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Vol. 18, December 2019 - For Private Circulation Only Registered Office 5750, South Jackson St. Hinsdale, IL 60521 - 5109 - Website: www.wzcc.org WZCC Global President Edul Daver Editorial Board Burjor Patel, Former General Manager, Khaleej Times, Dubai Kersy Bhesania, Managing Director, Climate Control L.L.C., Dubai Dadi Motiwall, CEO, mt2, Dubai Yazdi Tantra, Managing Director, On-lyne Computers, Mumbai WZCC Journal Conceived and Developed by: Meher Bhesania, Chairman, SynergyZ Journal designed by: Ramesh Anand & Prasanth Graphic Designer, Colour Power, Dubai Journal Printed by: Jak Printers, Mumbai Treasurer: Barjor Bajan P.O. Box 34129, Dubai, UAE. E-mail: shernbaji@gmail.com

Meet our Contributors

Nozer Buchia

Nozer Buchia, is an internationally acclaimed motivational speaker and an author of repute with several publications to his credit. He is a regular contributor to SynergyZ. His industry observations on Leadership and Management are remarkable.

Delaveen Tarapore

Delaveen Tarapore is currently a Professor of Journalism at a reputed institute in Mumbai. Find out more on what she has to say in her interviews with four entrepreneurs who received funding under the WZCC-I & WZOTF initiative in 2018-2019 and the Zoroastrian Shark Tank program that took place in LA this year.

Xerxes Wania

Xerxes Wania, is a Canadian serial entrepreneur and founder and CEO of many successful technology start-ups.

He is an Angel Investor and mentor to technology start-ups. His article on ‘Internet of Things’ is interesting.

Cover page & 10, 14-15, 18, 32-41, 44-47, 50, 52, 54, 59, 60, 75, 77, 82, 84-86 & 90-95.

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WHETHER YOU YEARN FOR SUCCESS STORIES… CLAMOR FOR CULTURE… WISH TO READ PROFILES OF VISIONARIES… FOCUS ON BUSINESS AND MANAGEMENT ARTICLES… OR EXPLORE TRAVEL DESTINATIONS…

SynergyZ is your window to the world. It’s a carefully crafted publication. It's comprehensive, credible and thoroughly exhaustive in its coverage.

Fred Sarkari is a licensed psychotherapist. He speaks internationally for companies of all industries. He is a regular contributor to SynergyZ. Check out his article on ‘How to have an engaging conversation with

Afreed Mistry works as a Network Design Specialist in Bank of Montreal, Canada. Her article on ‘How Blockchain Technology is Changing the World Today’ is a good read.

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WINDOW TO THE WORLD

Fred Sarkari

Afreed Mistry

Picture Credits - Google.com:

IS YOUR

For AD Space contact: Aspi Antia - CEO, WZCC Zarine Khan - Sr. Administrative Officer Aban Mistry - Administrative Officer WZCC – Central Administrative Office, Mumbai, India.

Tel: +91 22 2353 2522 Mobile: +91 9619165444 Email: wzccindia@on-lyne.com Website: www.wzcc.org

WZCC Chapters Bengaluru | Chicago | Dubai | Houston | London Mumbai | New York | Orlando | Pune | Southern California | Sydney Tehran | Toronto | Vancouver Area Representative Offices Boston | Delhi | Hong Kong | Seattle SynergyZ, December, 2019

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WZCC INTERNATIONAL BOARD MEMBERS Edul Daver Yazdi Tantra Adi B. Siganporia Katayun Kapadia Jimmy Medhora Dilnavaz Shroff Capt. Percy Master Meheraban Ardeshirian Meher Bhesania Perses Sethna Zubin Sethna Rustom Engineer Afsaan Kermani Jehaan Kotwal Minoo R. Shroff

Global President Global Vice President Global Corp. Secretary Global Hon. Treasurer Regional Director - Australia Regional Director - Canada Regional Director - India Regional Director - Iran Regional Director - Middle East Regional Director - U.K. Director - U.K. Regional Director - USA Director - U.S.A. Youth Director Immediate Past Global President

eduldaver@gmail.com yazdit@gmail.com adisiganporia@gmail.com kkatayun@msn.com jimmymedhora@gmail.com sandocommunications@gmail.com percym@mastergroups.com mehraban_ardeshirian@yahoo.com bhesania@emirates.net.ae perses1@hotmail.com zubin.sethna@btopenworld.com rustom47@hotmail.com afssaank@gmail.com jehaan@jfktransporters.com mrshroffadst@gmail.com

President’s Message

Edul Daver

WZCC CHAPTER CHAIRS Jimmy Medhora Fariborz Rahnamoon Cyrus Patel Air Chief Marshal Fali Major (Retd.)

Tehemton Dalal Tehmasp Bharucha Mehraban Ardeshirian Firdaus Irani Shernaz Engineer Jehangir Darukhanavala Sharmeen Irani Darius Jamshidian Afsaan Kermani Faridun Dadachanji

Australia - Sydney B.C. Canada - Vancouver Canada - Toronto India - Bengaluru India - Mumbai India - Pune Iran - Tehran UAE - Dubai United Kingdom USA - Chicago USA - Houston USA - New York USA - Orlando Florida USA - South California

jimmy medhora@gmail.com fariborzr@hotmail.com cyruspatel247@gmail.com falimajor@yahoo.co.in tehemtondalal@gmail.com tehmasp@yahoo.com mehraban_ardeshirian@yahoo.com fidzirani@hotmail.com shernaz@verityappointments.com jvdarukhanavala@aol.com sharmeen_irani@yahoo.com darius125@aol.com afssaank@gmail.com fkdadacha@gmail.com

WZCC SUB-COMMITTEES Meher Bhesania, Dubai

Chairman - SynergyZ

bhesania@emirates.net.ae

Behroze Daruwalla, India

Chairman - “WE” Wing International

behroze@frenaus.com

Neville Shroff, Hong Kong Pheroze (Phili) Kharas, India

Special Financial & Far East Advisor

nshroff@shroff.com.hk

Special Advisor - Business Advisory phili.kharas@gmail.com Committee & In-Charge, China Trade Mission

WZCC AREA REPRESENTATIVES Hormazd Charna

Delhi - India

hormazdc@gmail.com

Zareen Karani-Araoz Arnaz Bharucha

Boston - USA Seattle - USA

zareen@managingcultures.com arnazb@comcast.net

Neville Shroff

Hong Kong

nshroff@shroff.com.hk

CENTRAL ADMINISTRATIVE OFFICE - MUMBAI, INDIA Aspi Antia

Chief Executive Officer

wzccindia@on-lyne.com

Aban Mistry

Administrative Officer

wzccindia@on-lyne.com

Zarine Khan Sr. Administrative Officer

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aspiantia@wzcc.org wzccindia@on-lyne.com

Time flies! One term is complete and the second and final term has started. Much has happened, many initiatives implemented, culminating in 2019 being a banner year.

Many governments are becoming nationalistic and creating barriers for trade and commerce which may win the politicians some brownie points in the short run but will be disastrous for the prosperity of the world in the long run. WZCC marches on to make its organization more globally centric; a more dynamic participative institution; having a clear shared vision and road map; being action oriented change agents; and is value driven.

In May 2019, for the first time ever WZCC held its 2018 AGM in conjunction with the FEZANA AGM and GWG Meeting. This was a historic event and from all the feedback received a resounding success. From Hong Kong to Bangalore to Orlando each AGM has been different and excelled in its own way and this is the type of ‘continuous improvement’ we strive for. Welcome to the incoming Global Directors Mehraban Ardeshirian, Meher Bhesania, Afsaan Kermani, Percy Master, Perses Sethna, Zubin Sethna and Dilnavaz Shroff – who will bring in new ideas and help WZCC flourish even more.

How was 2019 different? Firstly the WZCCI-WZOTF Entrepreneurship funding plan was implemented in the latter part of 2018. Four entrepreneurs were given funding without interest burden and all are reliably paying back per original schedule. Each has benefited from this scheme and will be talking about it at the 2019 AGM in Lonavla. We will be funding another three to four entrepreneurs before the end of 2019.

In July 2019, for the first time ever there was a WZCC Day at the 7WZYC. The Youth Wing under the leadership of Jehaan Kotwal and Rashna Sanjana and a host of volunteers organized Speakers, Panels, Speed Networking and another first ever Zoroastrian Shark Tank event. This was planned, managed and executed very successfully and 400 Zoroastrian Youth attending from all over the world were not only exposed to entrepreneurship and also I am sure many will think about entrepreneurship as they enter the work place. This was clearly a ‘Grand Slam’ for WZCC.

In North America, WZCC and FEZANA are working together to establish a similar Foundation and we expect this to be functional in 2020.

The biggest added value benefit the Youth were seeking is funding and WZCC is now providing this need both with debt financing and equity financing.

The Youth Wing has been doing great stuff in India and we are impatient to spread these activities globally. So in September 2019 we formed a Youth Team comprising of Youth Director Jehaan Kotwal, Directors Zubin Sethna & Afsaan Kermani, and Special Appointee Rashna Sanjana to spearhead this effort.

This is just the tip of the iceberg, with WZCC involved in many other activities such as “Kidspreneurship”, Youth Net-Working initiatives, Socio-Economic projects, Zoroastrian Faculty Network and of course SynergyZ ,which continues to shine.

WZCC is clearly living by the entrepreneurship mantra, “Be First, Be Different, Be Best “.

We are looking forward to another rewarding AGM and Global Conclave in Lonavla January 3-5, 2020.

Friends, WZCC is a beautiful concept and a unique organization working hard to ‘Build the Spirit of Entrepreneurship’ and positively impact our community.

Edul Daver Global President, WZCC

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PERSPECTIVES

WZCC DIALOGUES

PERSPECTIVES

‘REIMAGINING WZCC FLOURISHING AHEAD’

WHERE WE’RE HEADED

‘WZCC Dialogues’ is a new initiative launched by SynergyZ this year which offers a platform to youth and WZCC’s past and present directors to share their opinions/ideas on how to strengthen WZCC to bring in a paradigm shift in the organisation and ensure that the businessmen and professionals who are members receive maximum benefits.

In order to obtain the opinions, a questionnaire was prepared. It was sent to visionaries, sharpest minds, strongest souls and inspiring personalities, requesting them to re-imagine WZCC from various angles ranging from strategy to infrastructure, delivery channels, technology, revenue building and more… Their valuable suggestions are laid out, in no particular order, on the following pages.

Remembering that it is easy to suggest but hard to implement, the suggestions will now have to be carefully reviewed by the WZCC Board Members and backed up with strong implementation plans. Suffice to say that this volume will serve as a blue print for WZCC in preparing the plan and implementing it, which will keep the momentum going at WZCC to build better partnerships and bring the distant near.

By: Meher Bhesania

Rohinton

Founding Director – WZCC Global President - WZCC (2000 – 2008)

Question: How efficient is WZCC from an operational standpoint and what changes would you like to see in the future?

“Jobs, Jobs, jobs” has been the lure for the last several generations in our community! Find a nice job and earn well is the blessing offered by our well-wishers to the young. How sublime will it be if, instead, it were “Create and Innovate” - but that is a steeper climb, to be avoided; never mind if the rewards are higher! Only the foolhardy takes such risks, is the good advice offered. That is the transformation that still needs to take place. The Chamber is suitably equipped to promote this transformation but not equipped to assist in this transformation itself to take place.

This realization is gently peering but not fully evident. The Chamber needs to wrap its arms around this need to assist prospective entrepreneurs both financially and structurally.

This is clearly outside of the ambit of the Chamber as currently organized. A fresh look is called for to reorganize to fill this need. It is quite possible that this is the missing link to rejuvenate the spirit of yore of our community and propel us forward into the future when no longer we hear our well-wishers bless us with the blessing of finding a nice job, but instead bless us to become an entrepreneur and prosper and share our prosperity with the community, lending a helping hand to others.

Homi Davier

Founding Director – WZCC VP International - WZCC (2000-2006)

Question: How effective is WZCC’s strategic vision and what are your suggestions to evolve the strategic objectives over time?

As long as commerce has existed, traders have banded together. The first purpose of their association may have

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been to seek common protection against competition.

Later, codes were established to govern trade whilst at the same time attempting to influence local legislation and laws. These early pioneers and traders have little in common with our modern Chambers of Commerce, which has ended up as a more refined product.

While WZCC’s strategic vision is to rejuvenate the entrepreneurial spirit from within the community by providing a helping hand, partnerships and an exciting future await the next in line. Given below are some ingredients that will help evolve strategic objectives over time.

1 Strengthen WZCC’s role in the economic development and prosperity of the community in a manner where they are ensured this is their Chamber and thus understand its need and value for the progress, growth and prosperity.

2 Work towards survival and growth of WZCC which would call for a platform built around and allowing for a better understanding of established Zarathushti businesses to bring in NEW resources and opportunities. The growth must be electrifying, the idea and its need accepted worldwide, by offering real value added incentives and education for its members.

3 Plan for entrepreneurial strategies built around key initiatives, Information dissemination, global integration and strong commitments.

4 Ensure that objectives are visionary, spelt out, innovative and in line with the needs of the community.

5 Identify priorities that are critical and important to the organizational strategies; and then set 5 and 10 year image building goals and plans to understand WZCC’s vision for our community’s economic growth.

6 Build partnerships across a cross section of chapters, non-governmental organizations and international bodies, while working with and learning from diverse institutions.

7 Mentoring by the established will allow for business management styles, their wisdom and experience to evolve and thus create an environment constructive with ideas for economic use by our new entrepreneurs!

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Minoo Shroff

Edul Daver

Global President - WZCC (2010 - 2015)

Question: What is the present direction and state of WZCC? Is the direction right for now, 5 years from now and 10 years in the future?

WZCC is a very constructive endeavour to connect Zarathushtis across the globe in economic and business domain. I have been involved with the WZCC ever since it started functioning in India. It has made sustained progress though we have some way to go to instill the momentum in the movement as was envisaged by the promoters and more so to match the unlimited opportunities. The younger generation of Zoroastrians has been rather tardy to contend with the opportunities the economic environment offers for entrepreneurs. It has elicited doubt and hesitation among them to launch out on their own, citing all the hurdles that may have to be encountered oblivious of its enormous rewards, namely – self gratification, scope for exploring creative abilities, exercising independent judgment combined with prospects of unlimited financial gains.

Being conscious of this mind-set, the WZCC, should set upon a more pro-active agenda. It has organized Business Plan Contests and Entrepreneur Development Programs.

The objective of these initiatives has been to coach, train and mentor young entrepreneurs. WZCC has recognized that there is a fairly large group of young men and women, who are raring to plunge into the world of business with determination and commitment and endeavours to provide support and guidance to this group of young budding entrepreneurs.

WZCC in recent times has set up a Business Advisory Committee (BAC) as well as a Fundamental Initiative in collaboration with the WZOT. These funds are for Professionals/Startups/Entrepreneurs with innovative ideas that meet a well-defined customer need.

WZCC is also exploring the opportunity of establishing a link with organization that provides Seed or Angel Funding for Startups and Small Enterprises. WZCC should design Financing Schemes particularly for Startup and Collateral Free Loan Scheme for Micro and Small Enterprises and others for business promotion purposes, which reviews the candidates Business Plan which is presented to them along with Financial Projections. WZCC has initiated various programs to instill zest for self-reliance and entrepreneurship among our young men and women; however the progress has not been as rapid as we would like. There is genuine hesitation in risk taking and pronounced preference for relatively secured jobs. These reservations and concerns need to be addressed. However, we in WZCC are not at all deterred and are forging ahead with our mission.

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Yazdi Tantra

Global President – WZCC (2016 to date)

Global Vice President - WZCC (2016 to date)

Question: Provide some suggestions to improve the offerings of WZCC that will add more value to WZCC.

Question: What are your views on technical development of WZCC in future?

The only thing constant in business is “change”. If we are not improving we are falling behind. As such no matter what we are doing the name of the game is “continuous improvement.”

We envisage the forthcoming years of WZCC as a gift to the Youth of the Community. WZCC needs to be fully digitized with the website having ease of access and navigation on all devices including Mobile Phones and Tablets. Besides, we are working on an App which enables WZCC members to connect with each other anywhere in the world. Mumbai and New York Chapters have already become paperless, with independent payment gateways in place. Other Chapters will follow soon. Whatsapp Groups connecting members regionally as well as by professional interests are already in place and growing exponentially.

Online training sessions for kids and youth will soon be in place to entice the next generation of entrepreneurs.

The WZCC Facebook page encourages participation and interaction from all over the world for business and professional interests. Zoom meetings have enhanced the face-to-face interactions of Directors once a quarter and also whenever needed, on a case to case basis. The jobs and mentoring portals are already established and need to be publicized and utilized for enhanced utility. The bottom line is to leverage on technology to drive WZCC as an engine of economic growth within the community.

It is crystal clear that without youth involvement and added value programs for the Youth, WZCC will not be relevant. It is also very clear that young parents know very little about entrepreneurship and hence cannot discuss it at the “dining table” with their kids. Furthermore, people who have taken the plunge into entrepreneurship, need help with financing in some form or manner to help their business survive, grow and flourish.

WZCC is doing numerous things such as Global Real Time Communication, Educational offerings, Mentoring, Trade and Commerce, Net Working opportunities all of which are important and we must strive for ‘Continuous Improvement.’ Let me now suggest some new items that we must do based on clear needs expressed above: Expose young children from 5 years upwards to Business and Entrepreneurship concepts. This has already been initiated in New York and Mumbai but it is a long way from becoming mainstream and global.

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WZCC should offer opportunities and encourage parents of young children to get educated about entrepreneurship so they can talk and discuss with their kids on an equal footing with other disciplines. It is almost a generational effort and the seeds sown now will bear fruit decades later.

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Help students with University admissions, locally and abroad. Then provide faculty nurturing, internship opportunities, and job placement help.

Funding of entrepreneurial activities by first collecting funds from the community, seeking and evaluating funding opportunities and finally granting funds which will then be returned over a pre-determined time period. This has just been started in Mumbai.

Expand this concept so we have a group of entrepreneurs pitching their needs to a group of equity investors, perhaps twice a year.

WZCC must get more active in funding socioeconomic projects which will up-lift the community. If we can make in-roads into these items, I believe there will be no question about it’s value to the community.

“Easier said than done. But ‘Yes’ we can”.

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such businesses and then approaching them for corporate membership. Once we have within our fold in each city, at least 25 to 50 businesses then I think the representatives of these businesses could meet frequently on subjects of common interest, related to how one can further one’s business. Of course individual membership as per current practice should continue.

Sam Balsara Chairman (Mandison World)

Question: Provide a few suggestions for WZCC to have strategies for differentiation, innovation, member alignment and a detailed plan of forecast strategies. l. Membership Drive: The core job of the World Zarathushti Chamber of Commerce, as I see it is to promote and further the cause of business and everything related to it. I understand that we have enlarged the scope, to include working professionals and that is fine. But we should not lose sight of the core function of a Chamber of Commerce. With this view, I would suggest that a new Category of Membership be opened called ‘Corporate Membership’ where we aggressively canvas for membership from Parsi Irani Zoroastrian businesses with an annual revenue of Rs. 1 crore to Rs. 500 crore.

A Membership Committee should be set-up with one person responsible for each major city like Mumbai, Pune, Bangalore, Houston, New York, Toronto, etc. who has the task of first identifying and listing down

2. Unlocking Wealth: One of the major problems facing the Parsi community, in India is that we as a Community are Asset Rich and Cash Poor. We have tons of the property but no Cash. Forget, furthering the cause of the Trust or Association that is housed in the property, very often we don’t even have cash to maintain the property in good condition, so that our future generations can benefit from such property.

Also majority of such properties are managed by a set of Trustees who are getting on in age and are both, unwilling to change things in their lifetime and unaware of modern financial concepts like ‘Unlocking Wealth.’

WZCC must set-up a panel of 25 Parsi Irani Zoroastrian Financial Experts and offer their services to such Trusts, suggesting ways and means on how to manage them financially better and how to generate additional revenue from the same property without moving away from the main objects of the Trust. Even if we can make a success story of 1 or 2 cases, the rest will follow.

The most outstanding example of Unlocking Wealth is the multi-storey building put up by the Incorporated Zoroastrian Charity Funds of Hong Kong, Canton and Macau in place of the old structure that they must have owned and from the lease rent that now comes from the multi-storey building, the Trust is able to do Charity and look after the Parsi community around the world. Parsi Trusts in Mumbai or major cities with old Parsi properties need to draw inspiration from the Hong Kong Trust.

Adi Siganporia Global Hon. Secretary - WZCC (2016 to date)

Question: Has WZCC been able to meet the demands of its members and meet their expectations? What are your suggestions for the future?

As I see it - WZCC is the only Chamber of Commerce in our Community which serves as a reference point for our businessmen and professionals. It represents the interests of Zoroastrian businesses in various sectors. It provides consulting, public relations, other services and networking opportunities to its members. Operating under different themes on a year-on-year basis, and understanding the major problems faced by our youth, WZCC, in 2018, SynergyZ, December, 2019

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knocked down all walls and launched a novel initiative to facilitate entrepreneurship funding in India with WZOT. This is to spur industrial growth in the community. It is a good initiative and should be replicated by most chapters.

WZCC as a trade organization, should conduct more business fairs, conferences, corporate trainings, literacy projects, health programs and undertake policy initiatives to address issues on CSR, good governance, development of Zoroastrians residing in rural areas and promote business opportunities internationally. Further, it should establish institutional partnerships with other Chambers in consultation with its members and should try to influence government economic policies through informal advisory and consultative arrangements to government agencies and officials. Although these attempts are being made, more effort needs to be directed towards these ends.

Moreover, Sam Balsara’s idea of WZCC becoming CII (Confederation of Indian Industries) of our Community is worth pursuing.

Rustom Engineer Regional Director - USA (2016 to date)

Question: Do you think WZCC’s current offerings encourage innovation for members in terms of versatility, usability, and efficiency? What are your suggestions for future?

WZCC has undertaken several new initiatives that offer many avenues for its members to take advantage of. l The most important one is the formation of ‘Youth Wing’ that offers excellent networking opportunities over a cup of coffee. What started in Mumbai is beginning to be emulated in places like London, Toronto and Sydney. l Global Directors quarterly online meetings using Zoom has greatly improved communication across the globe. l Regular online news bulletins delivered to all WZCC members and supporters has kept everybody informed and increased member participation. l Chapters are assigned dedicated space on the WZCC website to keep the global WZCC community informed of their activities and has been a great tool to learn from each other. l After years of discussions, financing Zarathushti entrepreneurs in India by offering zero interest finance is already a reality. Formation of a similar project in USA is now underway.

With the use of above innovative activities, the members have benefited in terms of versatility, usability and efficiency. However, there are several pockets of Zarathushti business communities in India and abroad that need to be brought together under WZCC umbrella by forming new sustainable chapters to take advantage of the infrastructure that is already in existence.

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Percy Master Regional Director - India (2016 to date)

Question: How can WZCC create value in market place? What tie ups with other associations will prove useful to WZCC in future?

The question that everybody is asking in our community is how do we go forward from our current situation especially in India? If we observe, there is a gradual shift from India to USA , Canada and Europe also to Australia and New Zealand. Our younger generation is finding it very difficult in a competitive market in India where a minuscule minority like the Zarathushti’s have not much say in finding placement. The competition also is very severe. The youth have found in their wisdom that there is better future in the locations mentioned above.

We feel it is a right step in the right direction because the opportunities are plenty when you are a dedicated Zoroastrian and following the ethos of “Good thoughts, Good words and Good deeds.” Our experience shows that the community outside India is doing very well besides being good professionals are also good entrepreneurs.

WZCC being a Chamber of Commerce, globally for Zoroastrians, it is imperative that we give all our attention to youth. In the last one year WZCC has taken a bold step by providing funds to budding entrepreneurs and professionals in India. There is no doubt that our future is with the youngsters and our observation shows that there is lot of enthusiasm and courage to become an entrepreneur. WZCC’s approach for the future should be to organise meaningful events where youth can be imparted value and expert advice from well-known professional and businessman from our community. WZCC should provide opportunities to youngsters for better education and better quality programs. The emphasis should be that each and every family encourages entrepreneurship from a young age. When the family is sitting at the dinner table the conversation should be of high level of integrity as entrepreneurs and professionals. Further WZCC should tie up with other Chambers of Commerce in India and overseas and other government organizations, for youth to interact with other communities. This will increase the knowledge and competitiveness amongst individuals. We should encourage and promote our youth to take part in World Congresses and Global AGM’s to increase their knowledge and make acquaintance with high level of intellectuals and professionals who attend these event.

With the advent of Whatsapp there should be interaction with different chapters in the world which will give new ideas and new platform for our youth to network. In the true Zarathushti tradition we must always be honest in our dealings and not lose sight of our ethos of “Good thoughts, Good words and Good deeds.” May I request all successful businessmen to promote our youth, encourage them to be the future of our community? In order to succeed, we must first believe in ourselves that we can because ‘If you can dream it, you can do it.’

Shernaz Engineer Chapter Chair - WZCC (UK) (2016 to date)

Question: Do you think WZCC should revamp structure at chapter level? What should be the responsibilities of Board Members, Directors and Chapter Chair to change the face of WZCC and increase membership?

Each Chapter knows best which structure suits them.

Many factors must be considered, including the geography of the Chapter. A Chapter in the West will have different priorities compared to say, one in India.

In the West, WZCC competes with outside organisations such as networking groups, professional groups and training and professional development from within large conglomerates. Life for a professional or entrepreneur in the West is extremely busy and time is a great factor.

The responsibilities of Board members, Directors and Chapter Chairs is to be relevant and be able to assist when asked for career progression advice, introduction to various bodies or individuals and access to funds for budding entrepreneurs. WZCC can only increase membership, if the individual thinks it is beneficial to join the organisation. This means WZCC must be of the moment. Organise events which interest the membership and career advice and training to graduates. We must encourage young Zoroastrians to join and make them feel welcome. Too many of our young people join other organisations and do not consider joining a faith-based group. This could mean that we piggyback with other similar organisations or societies such as networking groups and other professional bodies.

accepted by the Global President. The next step of the Chapter, is to make an Action Plan for each Quarter (3 months) and assign the work / responsibility and results to be obtained, to Sub-Committees. Within 10 days after each quarter the Chapter Chair will submit a report of the work done and results obtained to the Regional Director and Global President. A copy of the Mission Statement is available for those who may want to get ideas.

The Regional Director and Global President will contribute by mentoring the Chapter Chairs, to overcome deficiencies and to achieve results.

A worthwhile development so far, is the formation of a Business Advisory Committee (BAC) to fund and mentor young Entrepreneurs. The Funds garnered amount to approximately Rs.2 crores of which 25.4% have come from FEZANA, USA, thanks to our Global President’s efforts; 57% from Corporates and HNI’s in India and 17.6% from Incorporated Zoroastrian Charity Funds of Hong Kong, Canton and Macau. This valuable contribution by Donors has to be widely acknowledged.

The work of the BAC is based on: l A Vision and Mission Statement l A Policy for funding Applicants l A Procedure for review of the Business Plan for funding applicants l Guidelines for developing a Business Plan for fund applicants

Phili Kharas

Homi Italia

Regional Director - India (2013 - 2018) and currently Special Advisor Business Advisory Committee & In-charge China Trade Mission, (India)

Former Regional Director - WZCC (Canada) (2016 - 2018)

Question: How Aligned is WZCC’s offering to meet member’s needs and market demands?

Question: Suggest new ideas for building revenues for WZCC.

When SME’s, professionals, managers in the corporate sector and budding entrepreneurs aspire for a covet membership of WZCC, we can say, with some confidence, that WZCC is aligned to “Meet member’s needs and market demands.” As of date we have a long way to go to reach this Vision which is a long term objective.

It is estimated that to fully support the World Zarathushti Chamber of Commerce (WZCC) we need a large sum of money over the next few years. Without the support of enterprising and successful community members we will not be able to reach this target. We also need to increase the base of membership in each individual chapter. When that happens, more people will have the opportunity to utilize each other’s expertise and more revenue will be collected from membership fees.

With such a Vision as the ultimate goal, all Chapter Chairs have to draft a Mission Statement – a statement which describes what the Chapter will need to do, to attain its long term sustainability and growth of Membership and to be able to say at the end of the three year term that the Chapter has performed in synch with the Vision of WZCC. The Mission Statement has to be discussed and improved with the Regional Head or Director and finally

It is important to match up donors with project providers.

This will increase the comfort level of donors and investors, as regular updates between the parties will help growth tremendously.

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Depending on the type of business one wants to start, he/ she can secure venture capital or financing from angel investors, as well as take advantage of government grants available in many countries. We now also have the ability to utilize modern technology and globalization to communicate and have regular meetings without leaving our place of work or home. We can have fun events like fashion shows, dinner with comedy show, golf tournaments and fancy car raffles to attract more youth. Make it easier for smaller donors to donate on line and if possible provide them with tax receipts. Silent auctions can be very effective in collecting a nominal sum of money. An interactive pledge system can also provide speedy results from individual members as well as medium size companies. Email campaigns with an exciting subject line and a simple user-friendly design may attract more people to donate. Use influential people to promote and advertise periodically.

Neville Shroff Director Hong Kong (2013 - 2018) and currently Special Financial & Far East Advisor, Hong Kong

Question: Share some of your ideas for ensuring loyalty of current members.

Customer Loyalty is a key determinant of an oganisation’s success. If the goal of your business is to live long and prosper, then any efforts towards building customer loyalty will certainly pay off. Following are a few tips to increase and maintain greater customer loyalty of your members. l Create a ‘Loyalty Program for Members’ in each region and showcase the benefits members are receiving vs. fees paid by them in different categories. l Offer members meaningful benefits such as Networking (website access/members directory, 24x7 help line); Consultation (free advisory service, financial planning, free consultation service for new business set up) Marketing (opportunity to present company and self-credentials on website and SynergyZ), Edutainment and Event (summer camp, discount on educational courses) and Retail (discount vouchers for hotels, nurseries, dispensaries, high brands etc…). This will help the members a lot. l Reward meaningful and ongoing interactions on social media, email, and WZCC website. Make the members feel valued and tie up with Radio/ Media Cos. for interviews. l Every piece of positive or negative feedback is important so listen to member’s suggestion. Be transparent and address concerns/issues immediately. l Nothing is perfect in life but live and breathe customer service because without members you won’t have a following. l Mentor the youth and introduce more innovative programs every year.

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Homai Mehta

Jehaan A. Kotwal

Dr. Natalie R. Gandhi

WE – Mumbai Chairperson (2004 to date)

Global Youth Director, WZCC (2018 to date)

Former Global Director, WZCC (2013 - 2018)

Question: What are your suggestions to make WZCC more helpful to our community women?

Over the last few years many young women have shown a keen interest in being self-employed. Many of them are in the areas of fashion designing, garment manufacturing, baking, catering, financial services, insurance, IT, software services, fitness and health services.

These women need to scale up their businesses and get into the organized manufacturing or services sectors by setting up formal business entities like Proprietary or Partnership firms or even Private Ltd. Companies.

This formal organizational structure would help them to expand their business and raise finance from banks and other institutions and also strengthen their marketing efforts.

Since finance is the primary need for all businesses to grow and expand, WZCC could tie up or have MOUs with banks, Non Banking Financial Cos. (NBFCs) and Angel Investors to help startups and young women with business ideas or relevant skills to raise loans and advances for setting up new businesses or expanding their existing businesses. Senior WZCC members could help women in preparing their viable business plans, growth plans or even project reports.

Marketing is another major hurdle for women considering their limited reach and small business size. WZCC with its contacts and resources could help in organizing buyer seller meets for women in strategic locations at reasonable cost where they could showcase their products, services and network with other businesswomen. This should be a regular affair say 3-4 times a year.

Preparation of marketing and promotional material is expensive for women working from home. WZCC could draw upon the expertise of its Youth Wing members to help the women in preparing marketing material like mailers at a reasonable fee. ‘WE’ should target having programs for Final college year Parsi girls on Entrepreneurship.

Later WZCC could collaborate with Business schools/ Industry Associations to conduct Training Programs for women entrepreneurs on topics like Raising Finance under different government schemes of Finance for MSMEs. It would be worth conducting an on-line survey of all women members including youth wing women members to assess their specific needs and expectations from WZCC and ‘WE.’ This would help in identifying the type of assistance that can be provided, diversify our services and also increase the participation rate.

Question: What are your suggestions to make WZCC more helpful to our youth?

Question: What are your views on WZCC as Past International Director?

The WZCC Youth wing has had an interesting journey through its time in this organisation. The fact that we have a dedicated wing is itself amazing. That being said I believe the way to impact any group of people on the ground is involving them in the key decision making roles.

We need more youth taking up leadership roles in WZCC. It’s not enough to have only one youth representative in every board or chapter. If we really want WZCC to grow and create value globally we need at least over 40% youth (under 35) involved for everything.

A dynamic and growing organization, the World Zarathushti Chamber of Commerce, has developed from few people to many chapters across the world. The organization acts as a catalyst in bringing professionals and businessmen from around the world to dialogue in a meaningful way to strengthen industry’s role in the economic development of our community.

What I have learnt in my brief time in this organisation is that we have more Brains (Seniors) than Legs (Juniors).

We need two legs to run if we want to move ahead now faster than ever the brains can guide in which direction and speed. These both have to work together and need to continuously support each other.

WZCC is still viewed as a very serious and disciplined institution, which is not the current trend of the youth.

The youth want interesting topics to listen to that are relevant for their time invested. It needs to be mixed with fun activities where people can network in create ways and business leads can be generated quick. This is what we are working on and it’s yielding great results.

My journey with WZCC, has been quite rewarding.

Learning how to build a global organization enabled me to consult with others such as, the founder of ‘Stanford Professionals in Real Estate’ (SPIRE) to develop local and globally-dispersed chapters. Today, SPIRE is the most active club in the history of Stanford University.

Another powerful benefit, which WZCC offers is through networking and connecting with people. I have come to know interesting and high-value people through WZCC. Many of them are phenomenal achievers. Using intellect, industry, and integrity, each of these leaders have bettered the world. This reminds me of a doctor who left his tenured faculty position to build a startup for macular degeneration treatment. Forestalling blindness took courage. This is one form of ‘Vohuman’ (the good mind) working to be in communion with the divine. Zarathushtra for the first time recognized that our thinking must be ‘Good and Righteous’ to be in harmony with the Mind of Ahura Mazda. This quality of Vohuman is evident in both the members and volunteers who serve this organization in good faith.

The Annual General Meetings have taken me places across the world, such as, Los Angeles, Houston, New York, Toronto, Singapore, Hong Kong, Orlando, Chicago, Mumbai, Pune, Bangalore, Dubai and more. The wealth of discussions that take place at these meetings and projects that are rolled out bring our positive force to the world.

It is exciting and valuable and I thank all the community members and volunteers who work with dedication to support WZCC.

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Charting Change, Enabling Development Everybody loves a good story. Isn’t it? And nothing is as warm and inviting as a powerful story told well. SynergyZ brings you stories of three eminent personalities and conveys every success to them in their future endeavours.

Lord Karan Bilimoria, CBE., DL., Chairman, of Cobra Beer Partnership; and a Member of the House of Lords has been recently appointed as the Vice Chairman of the Confederation of British Industries and will become its President next year.

Born in Hyderabad, India, in 1961, Karan Bilimoria qualified as a Chartered Accountant with Ernst & Young, London, and graduated in Law from Cambridge University. An alumnus of the Cranfield School of Management, the London Business School, and Harvard Business School, he systematically plotted his career graph.

Lord Karan Bilimoria, CBE., DL.

Blessed with a charming personality, he is a seamless blend of an entrepreneur and a public figure. A few of the onerous positions occupied by him in various organisations and institutions are: Deputy President of the London Chamber of Commerce and Industry; Deputy Lieutenant for Greater London; founding Chairman of the UK-India British Council; the Chancellor of Thames Valley University – UK’s youngest university chancellor at the time; chosen in 2006 as a Crossbench Life Peer with the title, Baron Bilimoria of Chelsea in the Royal Borough of Kensington and Chelsea; a Commissioner of the Royal Hospital, Chelsea; a Trustee of Saint Paul’s Cathedral, London; the Chair of the Cambridge Judge Business School Advisory Board; Founder and Trustee of the Cobra Foundation; founding member of the Prime Minister of India’s Global Advisory Council established in 2010 and Chair of cross party Manufacturing Commission that plays an important role in driving forward the policies that will grow UK manufacturing, a fundamental part of the economy.

For Lord Bilimoria, success is not a destination, but a journey. Alongside his commitments his business always remains at the heart of what he does.

Cobra is now one of the most highly awarded world beers.

Using Zoroastrian tenets as the touchstone to evaluate his approach to life, he believes in giving back to the wider community.

About the future, he surmises: “Twenty/twenty vision requires that when we try to look forward 20 years, we also look back 20 years. With “To aspire and achieve against all odds with integrity” as his mantra, Lord Bilimoria is poised to conquer new vistas. Undoubtedly, more accolades await him.

Dinyar Devitre

Ron Kalifa

Dinyar Devitre is an international business executive who has held leadership positions over a 40 year period in the consumer products industry and financial services in Asia, Australia, Japan, Europe, and the U.S. He is currently a member of the Board of Directors of Altria Group, Inc., where he is Chairman of the Finance Committee and IHS Markit Ltd., where he is the Chairman of the Audit Committee. In addition, he serves on the Board of Trustees of the Brooklyn Academy of Music and is Vice Chairman of Pratham Educational Foundation, prior to which he was Chairman of Pratham USA. He was on the Board of Directors of Kraft Foods from 2002 to 2007, Western Union from 2006 to 2015 and SABMiller from 2007 to 2016. Mr. Devitre has held a number of senior operating positions with Philip Morris and then with Altria where he had a 35 year career. Most recently he was Chief Financial Officer, Altria Group Inc., a role he held from 2002 to 2008 before retiring from the Company. Born in Jamshedpur, India, Mr. Devitre earned a B.A. (Hons) Degree at St. Joseph’s College in Darjeeling, India, and a M.B.A. from the Indian Institute of Management in Ahmedabad.

Ron Kalifa is a strategic and operational leader in the field of eCommerce and payment systems.

He is Chairman of Network International; a FTSE 250 company.

His early career was spent at NatWest and Royal Bank of Scotland, where he led the development of its online banking services and then led its payments platform, Worldpay. Ron led Worldpay for over 10 years including its divestment into private equity ownership in 2010. He served as CEO until 2013 and as Vice Chairman thereafter, remaining as an executive director; his current role.

Ron was recently appointed a Non-Executive Director of the Court of Directors to the Bank of England. Additionally, Ron is an NED for Transport for London and the England and Wales Cricket The Hundred Board and is an Operating Partner for Advent International.

Ron was awarded an OBE in the Queen’s New Year 2018 Honours List for services to financial services and technology.

Dinny and his wife, Aashish, are active members of ZAGNY and are generous supporters of Zoroastrian causes.

Their enthusiastic early support for the building of the new New York Dar-e-Mehr was an instrumental catalyst.

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NIGEL SHROFF INTERVIEW

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Ranked in The Legal 500 as a Leading Firm 2019

PERFORMANCE BUILT ON LOYALTY AND TRUST Established for over 38 years in London, Zaiwalla & Co is ranked as a Leading Law Firm in London by the Global directory The Legal 500 for Litigation.

The Zaiwalla team undertakes complex, high value litigation and arbitration from high-growth economies such as South Asia, Russia and CIS countries, China, the Middle East and Africa. The legal team includes dual-qualified lawyers from Canada, Ukraine, South Africa and India.

We are known for setting precedents, challenging established law and winning cases at the highest courts. Having acted in over 115 cases that have changed the law in England & Wales, the firm’s track record is a result of finding new and innovative approaches to challenging issues.

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The Zaiwalla recognized strength is in strategy and a streamlined approach to high value disputes. The firm acts in many cases where clients have transferred their cases to them midstream, unhappy with their existing firm overbilling without result. Time and time again the team manage to turn around, and find success, for their clients in cases that were once billed as ‘hopeless’.

SECTORS:

COMMODITIES COMMERCIAL SHIPPING OIL & GAS

This is why the firm is retained by some of the world’s largest companies in Oil & Gas, Energy, Banking and Commercial sectors some of whom are publicly listed and/or feature in the Fortune 500 and Forbes.

Over the last 10 years the team have developed market leading expertise in global sanctions law having handled some of the largest and most prominent sanctions litigations in the EU and UK Courts.

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LOOKING AT THE EARTH FROM EVERY POSSIBLE ANGLE PHOTOGRAPHS BY RAKU INOUE

When a local florist has leftover flowers, artist Raku Inoue uses natural materials and finds a new way to give them new life

Montreal-based artist and photographer Raku Inoue finds a way to showcase both with his colourful portraits of insects made from flowers, leaves, twigs, seeds and stems.

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ECONOMIST’S VIEW

STAYING HUMAN IN A WORLD OF AI

The rapid advancement in technology is transforming our world at an everincreasing rate. What works for an organization or individual today could be obsolete tomorrow. In response, humans have become more complex in their thinking, outputs and capabilities.

They are creating an existence that their grandparents never dreamed of, and this revolution will become a reality for current generations. In the next few years administrative tasks will be taken over by Robots, and most processes will be automated but creativity will still remain valued as AI will be unable to make strong impact on creative processes.

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FOCUSING ON RENEWABLE ENERGY AT MACRO AND MICRO LEVEL

It is now certain that the current energy systems and technological advancements available in the world are not sufficient to make the planet free from the carbon dioxide that is emitted from these resources. To solve this problem, there is a scope to build new technologies and to bring the existing technologies together to get maximum benefit from the entire energy system including energy production, transformation, to energy transportation and distribution. Work in this direction will have to be taken at both macro and micro level. The world will have to switch to renewable energy resources very fast, because despite the availability of renewable energy resources, a large part of the world is still dependent on traditional energy sources such as coal and gas. This over-dependence will lead to a situation where by the end of 21st century, resources like coal and gas will become extinct from the world.

A DEEPER COMMITMENT TO EDUCATION

FROM MANUFACTURING TO BIOMANUFACTURING

TECHNOLOGY WILL DRIVE HUMANITARIAN INITIATIVES

ELIMINATING INEQUALITY WITH DIGITAL LITERACY

To tackle the social environmental and economic problems of tomorrow, our students will need a broader set of knowledge and skills that will enable them to understand, navigate, adapt and thrive in response to novel and complex problems and contexts. The fourth industrial revolution has made this area more critical. As labour markets get disrupted rapidly by technology there is an urgency to revamp traditional school systems. Experts suggest, skill based training is what will help the new generation thrive in the age of AI. Some say deeper learning syllabus will help. Research by the World Economic Forum highlights that more than onethird of the skillsets required by 2020 don’t even exist today. Philanthropists like Bill Gates have pledged billions of dollars to help the education system in the US in light of these facts.

Biomanufacturing is the use of advanced manufacturing approaches to produce the next generation of healthcare products, such as cell therapies, engineered tissues, pharmaceuticals, and medical devices, as well as drug discovery and testing platforms. Some of the newest products from biomanufacturing are – absorbable heart stent, Nerve regenerator, and Smart pill. Some of the companies leading the way are Novo Nordisk, Amgen, Celgene, Biogen Inc. and more…

Providing timely and adequate humanitarian assistance to people affected by a humanitarian crisis is an increasingly challenging task, due to the growing needs of people and the increasingly complex nature of the crisis. Conflict and protracted crises leave millions of people in need of humanitarian assistance. During the World Humanitarian Summit (WHS), former United Nations (UN) Secretary-General Ban-Ki Moon urged the global community to commit to the ‘Agenda for Humanity’ to address the challenges in the humanitarian sector with the aim of preventing and helping to reduce human suffering during crises. However with stark realization technologies like drones and satellite surveillance can help provide aid at a significantly higher rate. Even simple mobile technology can play a pivotal role in humanitarian emergency.

The internet has become an inseparable part of people’s daily lives, particularly those living in democratic countries like Indonesia where digital literacy is at the forefront. The country has seen significant spike in internet users within the last decade as it is at the forefront of the country’s agenda as they improve access to services like banking, online learning and so on. Online learning programs are reaching a level that has never been seen before.

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Internet of Things – How connected devices are changing us for better or worse

When I was asked to write a technology centric article, I thought I’d share my knowledge and information on Internet of Things (IoT). Since I’m not an expert on IoT it makes it easy for me to write an article without getting too technical. So hopefully for the next few paragraphs I can help you understand IoT, what it can do for us and you can decide if it’s changing us for the better or worse.

The simplest way to define IoT according to Wikipedia “The Internet of things (IoT) refers to the concept of extending Internet connectivity beyond conventional computing platforms, such as personal computers and mobile devices, and into any range of traditionally “dumb” or non-internet-enabled physical devices and everyday objects.”

An everyday example of IoT would be a refrigerator connected to the Internet. Some of the reasons for an Internet connected fridge would include automatic fridge content update, expiry date reminders, automatic grocery list compilation, nutrition calculations, recipe options, etc. Seems a little overwhelming but the idea is to, actually, make your life easier. By using a connected fridge, you are 36

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unloading the everyday tasks of preparing grocery lists, checking expiry dates, and daily meal planning, over to the IoT technology. We are taking away all these daily tasks from ourselves and putting them in the hands of the IoT product maker and other groups, such as the grocery delivery services, nutritional websites and produce/product manufacturers.

Skeptics may say that it feels futuristic or that it’s making us lazy or dependant on technology, which maybe true but that remains to be seen.

Connected IoT devices are just that, connected to the internet. The data being gathered by these devices and how its used continues to evolve. In this case, the data collected by the fridge is focused on personal eating habits, such as what you eat, when you eat and how often you eat. Millennials love to be connected and don’t mind sharing this type of personal data. They see this connectivity as a convenience and time saving tool. On the flip side this data, in the wrong hands, can be used against you. For example a hacker can manipulate the data of your eating habits and give you misguided advice which could manipulate your buying decisions.

This brings me to the issue of security. One of the main reasons IoT has not proliferated in billions of connected devices is due to lack of internet security.

The IoT device, if not securely transmitting and receiving data from the internet could be a “back door” for hackers to gain access into larger connected systems. Security issues are quite complicated and technology start-ups, manufacturers, device makers and even governments are trying to come up with solutions. To the point that, just recently, the United Kingdom announced “The Government’s Code of Practice for Consumer Internet of Things (IoT) Security for manufacturers, with guidance for consumers on smart devices at home” I categorize IoT devices into two main groups, game changing devices that are helping for the betterment of human life and gadgets which really don’t do much to better society. The game changing devices in health and agriculture will be the focus of the next few paragraphs.

IoT in Health Smart watches, initially used by professional athletes to monitor their physical habits and get an edge on their competitors, have now become mainstream for everyday users. They have evolved into smart monitoring devices which may be prescribed by your healthcare professional in the very near future. Furthermore, by collecting data and finding

behavioural patterns of the user, smart watches could actually predict your future health and would help manage stress levels, heart conditions and other diseases.

In home monitors for senior care are a group of IoT devices “talking” to each other that monitor physical activities of the elderly who may be living alone at home. This may be one of the best applications of IoT that is rapidly being implemented in the market.

IoT devices which have sensors to detect falls, loss of pulse, and real-time monitoring are becoming common and are used to assist seniors 24/7.

Pharmaceutical Drug management can be very difficult and IoT devices are being developed to make sure that correct doses are given to the right patient at the right time. Furthermore, IoT is currently playing a big role in real-time blood glucose monitoring in diabetic patients.

IoT in Agriculture Business Insider predicts that by 2020, 75 billion IoT devices will be installed for agricultural purposes alone. These will be used to monitor crops, soil quality, hydration, weather and other critical data to improve crop yield and save resources such as energy and water.

Efficient use of water - The IoT water sprinklers would take into consideration the upcoming weather and customize the frequency and volume of the water to the crops.

Automation of Green Houses with IoT sensors which sense humidity, temperature, air quality and lighting will yield a better crop while using minimal resources.

Animal monitoring and management – Smart agricultural sensors worn by the animal allow you to monitor health, activity, body temperature, location and nutrition insights on individual cattle or collectively as a herd.

In summary, I believe that IoT is not just a buzzword, it’s bringing a positive change in how we use technology for the betterment of humanity.

The field of health is changing at a rapid pace thanks to innovation and the use of smart IoT devices. IoT in Agriculture has taken a lot of guess work out of the equation and an efficient use of IoT devices will yield a better crop while decreasing wastage. Like any new technology, security and use of private data will continue to be a major concern. So, are IoT devices beneficial to us? Like any other technology, if used correctly, has the potential to bring positive changes and open up new business opportunities in the healthcare and agriculture industries.

Xerxes Feroze Wania, a Canadian serial entrepreneur, has been a founder and CEO of many successful technology start-ups. He is an Angel Investor and mentor to technology

start-ups. In his spare time he loves to build custom furniture at his studio, ContiWoodStudio. com, and owns Dogtopia Franchises in Ontario, Canada. His interests include photography, fishing, weather ballooning, and working with rescue dogs.

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available to businesses today.

Learning how to sort through that data and then making use of it will provide companies with a distinct competitive advantage.”

Similarly, Dr Tayeb Kamali, chairman of IOD India, UAE Chapter, said that many boards in the UAE and India have embraced the challenges and evolved.

“One change that we are very happy to see is how engagement has increased. Before, decision making was seen as the responsibility of the board, but now the board is going out of their way and comfort zone to ensure that everyone in the organisation is aware of the topics that are being discussed at boardroom level meetings, and the decisions that are going to happen as a result. This involvement means that organisations have a cohesive strategy that is embraced by the whole company.”

DISRUPTIVE TECHNOLOGIES

“

Lots of data is readily available to businesses today.

Learning how to sort through that data and then making use of it will provide companies with a distinct competitive advantage.

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”

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HE Shri Vipul Consul General of India - UAE

In an era when technology has the power to disrupt an organisation’s operations in a matter of minutes, board members face an uphill challenge in preparing themselves and their organisations for the future, said the experts at the Institute of Directors (IOD) Dubai Global Convention 2019, held this year at Hotel Habtoor Palace in Dubai.

Industry leaders offered their insights on the challenges that are stemming as a result of the disruptions, and agreed that the best way to tackle the challenges are by having a sustainable innovation agenda.

Speaking at the meeting, the consul general of India in Dubai, Vipul, said that the challenge that is arising for boardrooms today is not the disruptive technologies themselves, but understanding the way that they will impact business. “We all know that technology today is changing the industry. Previously, the role of the board was much more simplified when it came to the decision making process. Today, board members have to have a clear idea of the technology that is available, the way that it is disrupting the industry, and how they need to set a roadmap for themselves.” He added, “There is lots of data that is readily

Mahmood Bangara, chairman of the Institute of Chartered Accountants of India, Dubai Chapter, noted that there is also a growing movement towards more transparency across organisations.

“Visibility across the whole organisation is increasing and boards are encouraging this; every process, every transaction, and every money transfer can be traced today. This might not have been the case a few years ago, but it is certainly the case today. Board members also have a tremendous responsibility today when it comes to compliance with regulations in the industry.”

to some, it is an opportunity. “We need to be innovative at the board level,” she said. “Innovation is no more a luxury; it is vital to the survival of a company. Today, we know that 50 per cent of Fortune 500 companies from 2,000 have vanished. To understand this, we need to look at some of the board challenges that stem from digital transformation.” The first, she said, is risk management.

“The board has to be aware about challenges so that they can plan for them. The second challenge involves too much information; your competitor knows everything about you and what you are doing.

Another challenge involves interacting with millennials.

Boards have to understand that millennials are a strong part of the innovation process. Consider having millennials on the board as they will bring with them fresh ideas. “Lastly, she said that a big challenge that boards have to be aware of is competition from startups. Small and medium-sized enterprises (SMEs), are agile and innovation comes to them easily and they are able to implement it faster.”

Finance Company (MEFCO), spoke about the importance of building a culture of innovation that is aligned with regulatory requirements, and focuses on the value created through new technologies. He spoke about fintech and its impact on the banking sector. “Some might consider fintech to be a disrupter, but I feel it will bring innovation to the banking system. Fintech has brought a lot of ideas to the banking system.”

Dr Ahmed Eltigani, chief executive officer of Al Rawabi Dairy Company UAE, noted that innovation also stems from identifying the needs of consumers. Consumers today are different; before they simply used to look at the production and expiry dates. Now they do their research on ingredients and health benefits.

We are looking to be innovative in meeting the medical needs of our consumers.” Towards this end we have launched products that have Vitamin D and Omega-3 in them so that consumers with such deficiencies can benefit from them. Innovation is not just about technology; think out of the box.”

Saqr Ahmed Al Maazmi, director of the UAE Government Leaders Program Prime Minister’s Office, Government of UAE, also spoke about the importance of agility for organisations today. “We always aim to be the first when it comes to the adoption of new technologies, and we are committed to delivering the initiatives that we have launched. We are also keen to learn from others, and welcome the opportunity to share our Samira Shaloh, co-founder of insights with others.

Brain Quest UAE, said that digital transformation is seen by some Marwan Mahmood Hadi, board organisations as a threat; while, director of HSBC Middle East Source: IOD Report

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Endangered

Jobs that will be in demand for the next 10 years

Jobs

Printer

s and P

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Postal w

Broadcas

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Jewelle

Fisherme

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r Renta

Ca Drivers

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Cashie The career landscape is changing due to advancements in technology, urbanization, older population and the general attitudes and interests of the latest generations entering the workforce. Experts recommend that in the future, some careers will fade into the background, while new career options will emerge along with the latest technologies.

So what does the workforce of the future look like?

What jobs will continue to be in high-demand? What fields should today’s high school graduates pursue to have the best chance of gainful employment for decades to come? Here’s what the experts reckon will be the most in-demand jobs for the next 10 years – and beyond.

Teachers | Sports Therapists | Artisans | Skilled Tradespeople Hospitality and Catering Professionals | Engineers | Healthcare Professionals Veterinary Nurses | Sales People | Creative

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With Best Compliments from WORLD ZARTHUSTI CHAMBER OF COMMERCE, PUNE CHAPTER The WZCC UK Chapter London : A world city, welcomes WZCC members in 2021 (26th - 30th May)

to

A conference with a difference!

Look out for further information in 2020

'With an open mind, seek and listen to all the highest ideals.

Consider the most enlightened thoughts. Then choose your path, person by person, each for oneself� — Zarathustra

WZCC - Pune Chapter 15 years of service to the community's professional and entrepreneurial development needs - in keeping with the prophet's ethical ideals in personal, professional and business environments.

WZCC UK Chapter Zoroastrian Centre, 440 Alexandra Avenue, Harrow HA2 9TL, UK Email: shernaz@verityappointments.com 42

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Tehmasp Bharucha Porus Dadachanji Farrokh Bhathena Kemrad Lakdawalla Ardaviraf Sinor Vistasp Dastur Mahrukh Bharucha

: : : : : : :

Chapter Chair Vice Chair Secretary Treasurer Member Member Imme. Past Chair.

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“How Block Chain Technology is changing the world today” The past few years have been filled with buzz words like “blockchain”, “Bitcoin”, “smart contracts”. What does it all mean? In this article you will be able to learn what these words are and why the World is talking about this technology.

What is Blockchain?

Blockchain is a decentralized network that is not run by a central organization. Everyone runs the blockchain together. When you want to send money overseas, you go to your bank and have the money wired to the other person’s bank account, domiciled in other countries. This transaction takes days to process and the banks serve as the middle men. In the blockchain, there is no middle man. It is a peer to peer network. It is safer than the standard server-client network we are all used to, for a number of reasons.

Firstly, with the standard server-client model, if a server goes down, then all the clients will invariably be down.

However, in a peer to peer network, any one node can go down without impacting the Blockchain system.

Secondly, there is no hacking of the Blockchain. If you try to hack in and modify or change one block, you have to do it on all previous blocks, as they are all connected. The blockchain uses protocols to describe how the communication on the network should work.

Furthermore, the highest level of cryptography is used, so it is not easy to hack. There is an incentive to be a node on the peer to peer network, usually payable in Bitcoin or Ethereum, which are cryptocurrencies.

Cryptocurrencies Cryptocurrency was invented in October 2008 by Satoshi Nakamoto. He wrote a white paper on Bitcoin and 44

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Blockchain. He also made the first Bitcoin transaction.

His paper talked about a de-centralized, peer to peer network. Since then, there have been many digital currencies that have come into the market. When a coin is first offered into the market, it is called an ICO – Initial Coin Offering. You can choose which cryptocurrency you would like to buy by reading the white paper the companies put out on their ICO’s. The second most popular coin was invented by a 19 year old Canadian, Vitalik Buterin, called Ethereum. Ethereum uses smart contracts and has it’s own Ethereum blockchain. These are the 2 main blockchains that are out there as public blockchains.

Blockchains There are thousands of blockchains out there. Bitcoin was the first and is the largest of the blockchains. It is very rigid but, it was created on an open source platform, enabling others to create their own Blockchain, leveraging the same validation. They created new rules and used the same open source protocol and validation. An example is the Ethereum blockchain.

There are 3 categories of blockchain: The Public blockchain where cryptocurrencies are exchanged.

A permissioned blockchain where the nodes are known entities. Ex. Financial institutions, Healthcare.

A private blockchain where only one entity owns the network. Permission is needed and the person has to be known to use this network.

There are 4 fundamentals of a blockchain: Transparency - operating in such a way that it is easy for others to see what actions are performed.

Efficiency in transfers, the execution of contracts, authentication and keeping a record of all transactions.

Immutability, meaning nothing can be changed or modified on the blockchain.

Anonymity, which allows the users to perform anonymous transactions. Usually anonymity of a transaction will cause people to use it for illegal transactions because no one will be able to identify the sender.

Smart Contracts A smart contract is a contract that self executes on the blockchain. It is a digital contract, which is a small computer program that is stored in a blockchain. The program is set to hold funds until a certain goal is reached. Some examples of where it can be used are: bank loans, insurance claims, postal payment deliveries.

Smart contracts define rules and penalties, just like a paper agreement, but the smart contract will execute the rules and penalties automatically, once certain conditions are met. The Ethereum Blockchain works by using smart contracts.

Examples of Blockchain Technology Companies are now equipped to use smart contracts if their customers wish to make their payments on the blockchain. There is a company that is working on monitoring the transport of airline parts, perfumes and anything that requires monitoring of the temperature during transportation. For example, if a company wants to buy airline parts or perfumes from their vendors, they would engage this company. Beacons would be attached to the packages from the manufacturers and when the shipment is in transportation, these beacons have a chip

for GPS tracking and temperature monitoring. All these can be seen on the blockchain: where the package is and what the temperature is, etc.

There is another company working on keeping digital identities on the blockchain so when you try to open a bank account, verify yourself in any way, the company will check your identity on this blockchain and verify you. This can be used for credit cards, payments, opening a bank account, etc.

There are many other countries like Malta, Bermuda, Gibraltar, Switzerland, UAE and Canada whose governments are looking into using the blockchain technology. Also, banks and SWIFT are looking to move their inter-bank transactions to a blockchain.

Satoshi Nakamoto started the Bitcoin blockchain to show the banks that a central banking system is not needed and there can be peer to peer exchange of transactions without a middle man. What Satoshi didn’t realize is that the World didn’t find Bitcoin to be the most valuable piece, but the underlying technology that Bitcoin runs on, the Blockchain. Since Satoshi used open source, the blockchain technology is free to use and modify to suit the needs of anyone who wants to use this valuable, immutable technology.

Afreed Mistry works as a Network Design Specialist in Bank of Montreal, Canada. She is a member of the WZCC Toronto Chapter and was instrumental in getting the chapter re-started after a 6 year gap. Recently, Afreed presented at the WZCC Global AGM in Orlando on the topic, “How Artificial Intelligence, Blockchain Technology and Smart Contracts are Changing the World”.

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place it within one of the points below. If you can What will be the specific outcome? focus on any of these elements, then you have truly In the end, CEO’s are responsible of results. Whether engaged with the CEO. it is a private or a public company. This is something we see all the time, people with great ideas with no 1. Think big picture connection on what will be the results? What will be 2. How will it impact the culture of the company the measurable outcome? CEO’s need tangible and measureable outcomes.

3. What will be the specific outcome?

4. Get to the point

Think big picture:

anyone, we need to understand the role and state of mind of those we desire to connect with.

CEO’s are responsible for results. Whether it is a private or a public company. CEOs need tangible and measurable coutcomes.

W

What does a CEO go through everyday? Every department has a role. Marketing, accounting, sales, operations etc. A CEO is not responsible to run any department, but they are accountable for the success of every department in that company as a whole.

In essence, a CEO has to be able to fly high in the sky to over look every mechanism that moves that company forward, all at one glance. They have to do that with every decision that is made on a daily basis.

So what is this paradigm shift? CEO’s more now than ever before are putting their focus on building their people, and creating a work culture that empowers people to take over part of that ownership and accountability within their roles.

In conclusion, they have two macro roles. First, they have to be able to see every moving part impacts the company as a whole. Second, they want to empower their people to grow and take ownership of their roles.

hy is it that we always get nervous when we have to have a conversation with a superior in our lives? Maybe it was partly due to our upbringing, partly due to our past experiences in similar situations, or simply seeing enough movies Lets look at 4 critical categories that all CEO’s focus that have conditioned us to believe CEO’s are not to their daily engagements around. Well, at least they be approached. wish that all meetings would revolve around.

As time moves forward, a paradigm shift has started Know this, as you engage with your CEO, no matter taking place in the minds of our CEO’s. Before we what you are saying or recommending, their minds look at how to have an engaging conversation with are trying to take what you have put in the air and 46

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Get to the point:

As much as some CEO’s would love to put their feet up on the coffee table and have hour-long conversations with all their employees, it is an impossible task they are always trying to balance. When you are able to get to the point with a CEO, you grab their attention faster, and in turn have actually bought more time with them to flow through your details.

The CEO is not worried about the day to day workings of the departments within the company. That is the role of the head of those departments. When you engage with your CEO, focus your conversation and points on how your ideas impact everything around In any engagement in our lives, we have a habit the company ten steps in the future. on solely focusing on ourselves, what we want to Most people come up with great isolated ideas, but get across, how we want to be heard etc. Take the time to understand the state on mind of those we are communicating with and your engagements will have a greater chance of a successful outcome.

never put thought into how that impacts the whole business as your idea gets implemented. The CEO’s role is to look into the future impact of every decision made.

How will it impact the culture of the company?

Companies are nothing more than a big pot of randomly changing emotions. No matter what your topic of conversation is, if you can show how your ideas can impact the culture of an organization, than that is gold to a CEO.

Fred Sarkari is a liscenced Psychotherapist. He speaks at company conferences around the world.

Fred is still highly active in his coaching practice. www.FredSarkari.com SynergyZ, December, 2019

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TRENDS

A trend is a “General Direction” in which something is either “DEVELOPING or CHANGING” at a “Certain Point in Time!”

TRENDS that will shape Organizations in 2020

A pre-requisite for organizations that wish to develop a strategy to survive and grow in and beyond 2020, is to transform themselves from the age-old corporate topdown hierarchal structure to a more ethical and adaptable ‘leadership education phenomena’ thereby embracing learning, developing leaders at every opportunity and adapting to situational changes and behavioral challenges.

Remember… we can never manage organizations nor can we ever control corporations. We can simply lead people within the organization and those people

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then create success trends through empowerment and change.

Which is exactly why CEO does not mean Chief Executive Officer… it means Chief Encouragement Officer. There are trends that are constantly shaping corporate landscape in the next decade; trends that rely on leadership competencies that I believe will be critical for our leaders of 2020 and beyond.

We are living in a time of exponential change as the corporate world is reinventing itself at an unprecedented pace.

By 2020, therefore, the workforce within organizations will look significantly different than today.

Employee Diversity

There are diverse generations in the workplace and therefore much greater cultural diversity

in organizations today than ever before, thus leading to a broader set of acceptable values and beliefs.

Diversity creates changes through the acceptance and resolution of challenges. To guide this diversity and convert its momentum into positive influence, organizations will need “Electable Leadership” to maneuver a path for growth through basic skill, established talent and a track record of success through ‘Conflict Resolution’.

and service economy will finally complete its course. Skills shortages will challenge growth and innovation especially amongst career workers with experience but not necessarily a degree.

moving from West to East are over. While the West still exports many high-end products and services to developing nations while still sourcing cost-effective labor, innovat3elief system. Such experiments cannot be justified using rational cost-benefit analysis. Instead, they require Leadership and a culture that views mistakes as gateways to discovery and innovation.

Skills shortages in 2020 will rise to an entirely new level.

Classic Change Management, Generational Issues, Human Resource Management, Performance Management, Talent Acquisition and Management and Sustainability Employment to Deployment Training & Development will An organization’s lifespan will be at the forefront of successful drop considerably, as in order By the year 2020, one in every organizations. to survive organizations will two personnel will be ‘contingent’ need to be responsive and agile, and just-in-time talent will be Technology seriously innovative and able to deployed and redeployed from Most information and data will demonstrate social responsibility around the globe as the internal and live in or pass through technology and ethically sustainable also external workforce becomes we term as ‘cloud structure’. practices.

What was once a ‘name further mobile. Teams will be Technology will connect brand’ will now have to transform formed to tackle projects, and organizations, employees, into a ‘consistently sustainable then disbanded. Work will be partners, clients and prospects, lifecycle’ of innovation, growth done anywhere and in any time thereby enhancing collaboration, and progress. By the year 2020, zone around the world. improving transparency and of China hopes to implement its It has been estimated that 50% course refining communication, workplace trends hiring based of the global workforce will be which will then become extremely on number of followers on working remotely by 2020 and vital for success. Information social media, hiring trends-job75% of employees will desire the will need to flow faster, more applicants, online reputation, option of flexible working time accurately, securely and in all social media management and and location. Trends towards directions. Robotics, machine a no-time-constraint policy remote work are rising, with no learning and artificial intelligence for organizational work and end in sight. The World Economy will impact labor markets and the development.

Forum predicts that by 2020, skills demanded of its workers. more than 30% of the workforce’s The “Deloitte Global Human Once again the key to success essential skills will be new and Capital Trends” report found that for such a global work-place environment will be nothing short unanticipated.

84% of executives consider people of ‘Terminal Leadership’.

The glue to holding all this together analytics to be a high priority for do not create will be “Sustainable Leadership” their organizations. As analytics Leaders technology continues to improve, followers… Leaders create and an open communication and more companies adopt these Leaders channel. tools, it will only become easier Experience v/s Degree to measure, track, understand, So how will this impact the 2020 Leader?

Knowledge-work and skills and predict employee behaviors Organizations must fundamentally shortages will compel and trends. rethink all stakeholder interactions, organizations to seriously look at Reverse Innovation especially those involving the age-old question of Experience v/s Degree. Jobs will demand The year 2020 will encourage human capital. This includes higher entry level qualifications Globalization and Outsourcing how to acquire, deploy, develop as the demand for ‘knowledge which will ultimately steer and retain their people. Bold workers’ will surely grow and “reverse innovation.” The days leadership characteristics will be the trudge towards a knowledge of a one-way outsourcing street required to ensure that business SynergyZ, December, 2019

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adapts and thrives. Leaders will need to possess demonstrable skill and a ‘soft’ approach to conflict resolution that will arise through universal diversity and global communication breakdown. In essence, Leaders will need to be trained and retrained in ‘human skills’ as that will be the most important criteria needed by organizations to success and thrive.

Leaders will need to develop the ‘guts’ to carry the organization where no organization has ever ventured before; sounds like a Star-Wars commercial… but it is immensely true! My motto…

NO Guts – No Glory! When the world is changing at breakneck speed, innovation becomes an organization’s most important weapon.

Leaders will need to be developers of people, with a collaborative orientation, a global digitally proficient mindset for cultural agility and effective 360 degree communication. Leaders will have to convert from being statusquo Leaders based on lengthof-service, to becoming futurefocused, duty-bound to create Leaders, innovative and creative champions of and for change.

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Leaders will need to embrace two key mantras for the year 2020 and beyond… the first being “Customer Service” - fast, efficient, reliable, secure and above all consistent!

The second…

“Leadership Development and Sustainability”.

A Piece of Advice to Organizations for the Year 2020 The world is a big place and organizations must not limit themselves to just innovation from within the corporation, but instead experiment with new organizational structures that are agile and horizontal.

Organizations need to aim high or else incremental innovation can cause them to miss out on breakthrough opportunities.

Corporations need to practice frugal innovation and learn from their human capital, both at the bottom of the pyramid as well as at the top. Mistakes need to be viewed as portals of discovery, for every failure has a hidden learning and a silver lining for innovation and success.

In summation, organizations need to cultivate Leaders who thrive on uncertainty, take the global longterm view, and champion change.

Nozer Buchia, also referred to as Mr. Motivator, and The Motivational Entertainer, is an internationally acclaimed motivational, inspirational and keynote speaker of repute. He is known as a “speakers-speaker” due to his dynamic inimitable style of humor and delivery, and his practical approach to any situation. Author of WHY ENTREPRENEURS REALLY FAIL (published and released in the USA & in India) and ROADMAP TO SUCCESS (co-authored with Dr. Ken Blanchard and Dr. Deepak Chopra), Nozer guides and mentors organizations and individuals, and helps them plan and strategize for success.

Individuals and corporations worldwide have greatly benefitted from his motivational and keynote addresses, his seminars, and his leadership training sessions, for he stimulates thinking and helps formulate and communicate corporate strategy with clarity and effectiveness.Nozer can be contacted at nozer@ nozerbuchia.com and at (832) 606-1777.

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Cyrus Pithavala Hazira Container Yard

Meet the

Entrepreneurs Fund Recipients of WZCC-I & WZOTF Funding Program

Interviews By: Delaveen Tarapore

Business/Startup Funding Now A Reality For more details contact: Aspi Antia, CEO, WZCC E-mail: wzccindia@on-lyne.com

Our community is known for its entrepreneurial spirit and business acumen. However, over the years, we have witnessed a considerable decline in the number of youth taking to new business ideas and exploring untapped horizons. Further investigation and research brought to light various reasons for the absence of professional enthusiasm, one being, ‘Lack of financial backing.’

To rekindle the true spirit of entrepreneurship, WZCC-I and WZOTF conceptualised a business funding initiative where applications were invited for those who wished to receive capital for their businesses. After keen scrutiny by a ten member Business Advisory Committee, four professionals were chosen to receive a financial support of Rupees Twenty-five lakhs, each.

SynergyZ takes the opportunity to introduce our community to these dynamic entrepreneurs and their unique business endeavours, and the role WZCC-I and WZOTF played out in igniting their careers!

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Hailing from Mumbai, 41-year-old Cyrus Jangoo Pithavala is an innovative entrepreneur having established a unique business that looks after the storage and accommodation of intermodal freight transport containers. Based out of Surat, Cyrus’ ‘Hazira Container Yard’ (HCY) is an empty container depot located 12 km from Adani port, south of Gujarat, and primarily serves as a one-stop solution for all container handling requirements, including logistics, storage and repair (I.I.C.L Standards). A true seeker, Cyrus experimented with a number of trades before settling down on this course in May, 2017. “Ever since commerce commenced at Adani Ports, there was a constant requirement for land to store empty containers. Having worked in this area for years, I realised the potential of a possible business in this arena and decided to explore the opportunity,” said Cyrus who finally commenced his operations with Maersk line India Pvt LTD in September, 2017.

To make sure the idea was waterproof, Cyrus keenly scrutinised various calculated risks and demands of his business, initially by developing the land feasible enough to move trailers and containers, thereby enhancing productivity in a cost effective manner. HCY’s USP is the fact that it has easy access to the major highways through dedicated roads, making movements simpler, more convenient and more efficient. Dock Stuffing is convenient since HCY is located 700 meters from hind terminal and seabird CFS. Additionally, they are located only 4km from Reliance Industries (Hazira Division), who are the key customer for Shipping Liners, thereby making his business extremely lucrative. Today HCY is closely associated and works with major shipping lines such as Maersk Line India PVT LTD, CMACGM, Evergreen, Avana Logistek and Avana Global (Transworld Group) and Trans Asia!

Excerpts from the interview…

What motivated you to approach WZCC-I and WZOTF for the funding of your business?

The business that I’m involved in requires a lot of area with hard surface (GSB), and hence capital investment

is extremely high. To add to it, considerable investment is deployed to acquire equipment for handling huge containers. Keeping in mind the total capital necessary for this business, I decided to approach these prestigious organisations for the much needed support.

How has the initiative benefited your entrepreneurship spirit and your business in turn?

This funding initiative by WZCC-I and WZOTF provided the much needed base for expansion of my business space. I believe I could not have commenced my business so soon had it not been for this funding. It’s an excellent initiative!

What future plans do you have instore for HCY? Currently, HCY has eight acres under management, further more acres are planned for expansion in the near future. Future plans also include, expansion in logistics and adding another container yard as and when the demand rises. I have also contemplated the possibility of venturing into warehousing.

What business acumen do you believe today’s Zoroastrian youth needs to hone, to become successful entrepreneurs in the competitive world?

Apart from good service and flexibility during negotiations, it is necessary to build the right contacts and connections for your business, over the years. I strongly believe, that with financial initiatives by institutions like WZCC-I and WZOTF, it is necessary that Zoroastrian entrepreneurs with substantiate business ideas, who may run short on capital investment, make the most of these financial support initiatives to thrive.

I am very grateful to WZCC-I & WZOTF for having confidence in my business plan and providing me with a huge capital for my expansion.

Contact details: Mobile: +91 9824199364 Email: cyrus@hcy.co.in SynergyZ, December, 2019

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Dr. Murzban Karai

Urvaksha Tavadia

Jenrashid Consultants

Having completed his graduation in B.Sc. with honors in Chemistry, followed by BSc [Tech], M.Sc (Tech), and Ph.D (Tech) degrees, 51-year-old, Dr. Murzban Karai was a consultant to numerous chemical industries. Few years into this profession, his mentor and Head of the Dyestuff Technology Department at the Institute of Chemical Technology, Prof D W Rangnekar invited him to join a research project on ‘The development and manufacture of Laser Dyes’ to be sponsored by the Board of Research in Nuclear Sciences (BRNS), for the first time in India.

Dr. Murzban gladly accepted the offer along with his wife, Dr. Rupali who shares a similar educational background, and on completion of his doctorate, decided to fuse his theoretical knowledge with practical experience. “During my doctorate program, my wife and I, as a team submitted the laser dyes to the Laser and Plasma Technology Division of Bhabha Atomic Research Centre (BARC), who commended our dyes for its high quality and reasonable price. Eventually, we hit upon the idea of supplying the same to various departments of BARC for their numerous research programs, commercially. This sowed the seeds of entrepreneurship amongst us and we set up our company, ‘Jenrashid Consultants’ in 2005,” elucidates Dr. Murzban, adding that his true inspiration behind turning entrepreneur in the chemical industry stems from Padma Shri awardee, Dr. Keki Gharda of Gharda Chemicals.

Today, having established their own factory at Mahad MIDC, Raigad, Maharashtra, ‘Jenrashid Consultants’ provides consultancy to numerous chemical manufacturing industries and offers the entire gamut of services from laboratory scale research and development, pilot plant operation, plant scale manufacturing, sorting out industry related problems through on-site visits, executes process intensification projects and validates customs synthesis.

Vruzend Solderless Battery Kit

Excerpts from the interview…

What are the calculated risks and demands specific to your business?

With regard to my field, the biggest risk is the ‘lack of any Intellectual Property Rights of your own invention’. In our country, we haven’t yet learnt to respect the intellectual inputs one provides, which literary has the power to turn a loss making division into a profitable unit. Further, we run a high risk of manufacturing processes being swindled by buying out our workers, and hence, we now code our input raw materials.

What is the primary unique element that makes your business distinctive?

The key USP of my business is the manufacturing of unique ‘import substitute chemicals’. Our chemistry knowledge supports us to develop innovative and cost effective manufacturing routes. We can out bid competitors depending on the demand and supply of every situation.

How has WZCC-I and WZOTF’s financial support program boosted your initiative?

I received a flyer from the organization, inviting applications for interest free loans. During the course of the selection interviews, I was honored to be introduced to numerous successful businessmen with distinctive personalities who have inspired me on my future course to scale greater heights.

To me, it was an honor to be selected from amongst numerous entrepreneurs for this loan that has opened up new arenas of opportunities and has motivated me to embark on an excursion to growth. I sincerely hope that through such financial initiatives from organizations such as WZCC-I and WZOTF, we are able to rekindle the spark of entrepreneurship within the youth of our community.

What are your future plans?

My immediate future plans include installing latest technological equipment and instruments through the loan that I have received from WZCC-I and WZOTF, and make them operational at the earliest. My ultimate aim is to enter into large scale manufacturing and export of specialty products and to expand my Contract Research and Manufacturing Services (CRAMS), worldwide.

Contact details: Mobile : +91 98212 45583, +91 92232 73497 Email : mkarai@rediffmail.com

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All of 26 years, Urvaksha Tavadia began his journey in the professional world as a line cook, working for almost 40 hours a week, whilst completing his Master of Science in Energy Systems, in the USA. A consistent achiever with a sense of time management and multi-tasking, Urvaksha completed his 24 month course in 9 months, and finally gave in to his instinct of returning back to his homeland and commencing a business venture of his own. “I always wanted to have my own business and so on my return, with my father’s help and support we started manufacturing motors and controllers for Electric vehicles, and even patented a few motor designs to our name, too. However, one day in our quest to find a solution to an inhouse problem, we conceptualised ‘Contacts For Lithium Ion Cells’ - a kit that lets you assemble your own battery without the aid of any special tools. What started off as just a basic solution, turned out to be an extremely favourable business ideology,” affirms an enthusiastic Urvaksha.

Urvaksha’s ‘Vruzend Solderless Battery Kit’ contains ‘Contacts for Lithium Ion Cells’ which basically helps you customise your battery according to the needs of your machine.

Each electronic instrument demands a different set and varied powers of batteries that need to be soldered or welded together, to make the desired instrument function. On an average, a good spot welder would cost at least $250/- apart from the cost of nickel, electricity and electrodes. However, the ‘Vruzend Do It Yourself (DIY) Solderless Kit’ helps you procure the same result for just $30 without any additional equipment or expenses, and is re-usable. Today, from a 200 sq ft rented place, ‘Vruzend DIY Kit’ has grown into a 3000 sq ft selfowned facility, with 90% sales stemming from exports.

How has your business benefitted the community and society at large?

My product is particularly based on the ‘Do It Yourself’ (DIY) concept, which eliminates any use of third party or charges; along with its re-usable efficiency that makes it environment friendly.

As for giving back to the society, I believe in women empowerment and hence, all my fourteen employees working at ‘Vruzend’ are women, especially single mothers and those from the oppressed strata of the society, as they are extremely hardworking and efficient. We also are avid animal lovers, and have adopted three stray dogs at the factory, apart from feeding every stray in the area. We are a small company, yet trying to make the maximum difference.

Any message you would like to share with the youth of our community who are aspiring entrepreneurs?

I believe that this financial initiative undertaken by WZCC-I and WZOTF, shall once again nurture the spirit of entrepreneurship, which our community is known for. The financial grant is of invaluable help to small start-ups like mine and has the ability to boost and fuel the spirit of entrepreneurship within the youth of today.

Excerpts from the interview: What measures did you take to analyse various risks within your business and be able to gauge the demands of your customers?

It was during the selection process and the multiple interview rounds that I began to get aware and prepare my venture’s SWOT analysis, projection reports and other projects details.

I realised that these were essential steps I should be taking so as to chart things out better and leave no room for errors. I am extremely grateful for the intricate and refined questions asked by the selection panel that triggered my thought process to broaden the scope of my business. So far, we have elaboratively upgraded our product six times to suit our customer’s needs and make it more efficient.

In what manner did WZCC-I and WZOTF financial initiative benefit your venture?

Earlier, I had a bitter experience with an investor and swore never to get another on board. However, when I came across WZCC-I and WZOTF’s financial initiative in a community newspaper, I decided to give it a shot. We were in need of funds for further research and analysis and to expand our venture.

The financial backing gave us the chance and confidence to work on ideas that seemed lucrative. The fact that one could get 36 months to repay it, was an added benefit for a novice entrepreneur.

Contact details: Mobile : +91 98334 11737, +91 83693 22875 Email : vruzend@gmail.com, utavadia@gmail.com SynergyZ, December, 2019

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Rehan Netarwalla

A true Bombay Parsi, young and effervescent, Rehan Netarwala, the fourth recipient under the WZCC-I and WZOTF financial initiative shares his experience of bridging the discrepancies in handling economics on the business spectrum through his entrepreneurship venture, ‘Savage & Palmer’.

However, as a young venture aiming to broaden our reach, ‘SavPalm’ needed more capital for expansion. When my mother apprised me about a financial opportunity with interest free loans offered by WZCC-I and WZOTF, I immediately decided to grab the prospect.

With the will to bring a difference to local businesses incapable of managing varied aspects of accountancy on their own, 29-year-old, Rehan Netarwala infused his passion and past work experience to conceptualize a ‘technology enabled accounting solutions’ joint-venture, along with his schoolmate, Mihir Lunia.

As a young entrepreneur in the business sector what are your learnings?

Named after their respective houses at school, ‘Savage and Palmer’ (SavPalm), provides family-owned operators as well as small, medium size businesses an opportunity to outsource their accounting demands, thereby giving them the total liberty to focus on their core business operations and their products, sans the pressure of any day-to day financial workings. ‘SavPalm’ endeavors to provide a wide spectrum of accountancy and consultancy services, which include book-keeping, assistance in filing tax returns, internal audit services, setting up system & processes for businesses, investment advice and corporate management strategy, thereby asserting a holistic outlook.

Today ‘Savage and Palmer’ is a 150 employee corporate, armored with a clientele base of over 250 firms globally, across diverse sectors such as food, hospitality, e-commerce and textile; in addition to a few high end patrons like Fortune 500, Jacobs Engineering, JW Marriott, Honda and Belgian Waffles, to its credit!

Ever since I developed a liking for advisory and consultancy services, I wanted to start something of my own, and be independent of a nine to five mediocre job. As a capable and passionate entrepreneur, I knew it would be challenging, yet rewarding!

How has ‘Savage and Palmer’ benefited from WZCC-I and WZOTF’s financial initiative?

Ever since we received the gain, we have managed to expand our sales and marketing team from five to a team of twenty.

Currently, we are majorly focusing on using the funds to strengthen our international client base and grow manifold!

Contact details: Mobile : +91 98201 03201 Email : rehan@savagepalmer.com

Welcome to Ahura!

This is where you should be Established since last 10 years, Ahura Hotel is uniquely located on Mumbai - Udvada highway.

Set amidst beautiful garden surroundings the hotel provides breath-taking view right from the entrance itself. The business is managed by Zoroastrian owners, Nevil and Mitra Borzu, who believe in high quality service and hospitality.

Excerpts from the interview: How were you apprised about WZCC-I and WZOTF’s Financial Initiative and what motivated you to apply for it?

Having pursued my dream of graduating as a Mechanical Engineer, I decided to complete my MBA from the Indian School of Business and began working at ‘Universal Consulting’, where I grew aware of the huge void between large accountancy firms incapable of reaching out to numerous local businesses who were struggling with the intricacies of accounting. Having visualized a promising potential in this untapped market, I along with my partner commenced a firm with a bare minimum capital, in 2017. Together, we were able to grow so far, providing services to enterprises pan India, in addition to Singapore, Oman and UAE. 58

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From fabulous breakfast to lunch and dinner make Ahura your one-stop shop for tasty food and purchase of authentic grounded and whole spices plus delicious bakery items.

Location: N.H. No 48, Amboli, Dahanu (9 kms from Mahalaxmi Temple towards Vapi) Mobile - 09766 512 512 Email: contact@ahurahotel.com SynergyZ, December, 2019 59 Website: www.ahurahotel.com | www.ahuraspices.com

HISTORY YEAR BY YEAR

A VISUAL GUIDE TO THE EVENTS THAT SHAPED THE WORLD

Beginning with the emergence of our earliest ancestors the story takes you through the development of cultures, nations, ideas and technologies around the world to arrive at the present day. It starts from the plains of Africa and the first human settlements through the emergence of the earliest civilization in the Near East, Greece and Rome to the dominance of western powers in the 20th and 21st century.

This gold astrolabe was used for determining positions of stars and was part of Han Sloane’s collection.

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Early Homo Sapiens

These cave paintings from Lascaux in France date to around 17,000 years ago.

COLONISING THE PLANET

RISE OF CIVILIZATION

Skeletal and DNA evidence suggests that our species, Homo sapiens, evolved in Africa and spread across the globe. The first traces of modern humans beyond Africa come from fossils in Israel and possibly from stone tools found in Arabia. They date before 100,000 years ago.

Homo Sapiens colonisation of the globe involved many stops, starts and sometimes retreats, as well as waves of different groups of people in some area. They may have moved into Eurasia via the Mediterranean coast of western Asia, spreading into Western Europe 35,000 years ago.

Archaeological evidence suggests that people may also have taken

The rise of civilisation in various parts of the world can be attributed to the steeply rising temperatures between 12,700 BCE and 10,800 BCE that melted the northern ice sheets, thus global sea levels rose. Lakes formed and rainfall increased promoting the spread of forests and grassland and providing new opportunities for hunter-gatherer communities.

Rich aquatic food was available.

People started to settle down as the hunter gatherers had deep knowledge of the plants and animals on which they depended.

Cereals were common staples of agriculture. Wheat and barley were domesticated in West Asia, North Africa, Europe and Central and South Asia. Pulses and vegetables were grown alongside cereals. Domestic sheep, goats, pigs and cattle were raised across Eurasia and Africa.

However, in the Americas only the Andes had animals suitable for domestication: guinea pigs, llamas and alpacas.

10,000 BCE to 3000 BCE

Early humans

a “southern route” across Arabia into southern Asia. There may also have been movement eastward, perhaps much earlier, as stone tools have been found in India from 77,000 years ago and in Malaysia from 70,000 years ago.

Some possible Homo sapiens finds from southern China are dated 68,000 year ago in Liujiang and 100,000 years ago in Zhirendong.

However this information remains controversial.

In Australia, widespread colonization probably did not occur until 45,000 years ago although some sites have been dated to as early as 60,000 years ago.

Bushman cave painting

Archaic woman

Birds particularly chickens, ducks and turkeys were also kept and by 5,000 BCE cattle, sheep and goats were raised for milk. The plough had been in use since 5,000 BCE. Wool bearing sheep were bred in West Asia and rapidly spread into Europe and Central Asia. The use of pack animals such as llamas and donkeys allowed long distance transport. By 3,500 BCE most of Europe had adopted farming.

The wheel was invented and is 62

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regarded as the most important invention ever.

Around 8,000 BCE copper and gold were shaped into small objects in West Asia. In 7,000 BCE ores were smelted and by 6,000 BCE copper and lead were also cast. In 4,200 BCE copper began to be used for tools. The addition of tin created a stronger alloy, bronze which was in use in West Asia in 3,200 BCE.

Ancient Figurine, National Museum, Addis Ababa, Ethiopia

farmers to colonize the southern Mesopotamian plans. Sumer was at the forefront of development, but social, religious, economic, and political complexity were also emerging in Elam and Egypt.

Uruk in Sumer, a huge and The development of water control complex settlement, is deservedly techniques enabled West Asian known as the world’s first city.

Old House

Cattle grazing in the field

Important Facts: l In 12,700 BCE temperatures rose. Ice melted. l Lakes formed. Forests and agriculture spread. l Animals were domesticated. l In 8000 BCE copper and gold were shaped into objects. l In 5000 BCE the plough was invented. l In 3500 BCE most of Europe adopted to farming and the wheel was invented. l Water control techniques enabled colonisation in southern Mesopotamia plains. l Uruk in Sumer was known as the world’s first city.

Wood cutting in early times

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The façade of a temple. It features four colossal seated statues of the pharaoh.

Inscription - Early Ages

3000 BCE to 2500 BCE

Ancient Piramids - Egypt

2500 BCE to 2000 BCE

The Bronze Age (2000 - 1500 BCE) was under way and the Minoan civilisation developed on the Greek island of Crete. The megalithic tradition of erecting stone circles, stone rows, standing stones and stones featured. These include Newgrange in Ireland, Stonehenge in England and Carnac in France.

The Indus valley civilisation grew. Town house, Citadel, advanced plumbing system and trade with surrounding regions started.

In Egypt, the world’s most complex ancient civilisations formed along the banks of the River Valley Nile. The world’s first tiered society developed headed by kings sometimes known as lugals. Hieroglyphic writing, sophisticated religion (including belief in an afterlife) The first signs of civilisation in Harappa were preeminent with and preserving the dead using the Americas appeared along the populations. mummification. Egyptian Kings – later known as ‘Pharaohs’ ruled Important Facts: l In 3000 BCE, the world’s first urban with the help of chief minister, culture developed in Southern regional governors and large staff Mesopotamia. l In 3000 BCE, the world’s first urban of officials including priests, tax culture developed in Southern collectors and scribes.

In Egypt, power old kingdom weakened with monarchs who administered different parts of the Nile valley and delta. Eventually the old Kingdom collapsed followed by a series of natural disasters and famine. Mentuhotep II, a powerful Pharaoh united

In 3000 BCE, the world’s first urban culture began to develop in Southern Mesopotamia (land between rivers Tigris and Euphrates.) The food surplus freed some people from farming life, allowing specialization into professions such as priesthood, crafts, trade and administration.

In China, civilisation originated in the valleys of eastern rivers such as the Huang He (Yellow River) where the rich loess soil made the land fertile. Chinese craftsmen made bronze tools (3,000 BCE), jade vessels (2,700 BCE) and silk weaving had begun by 3,500 BCE. 64

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Stonehenge in western Britain

The ruined citadel of Mohenjo-daro was made up of various buildings. It was built on a platform to guard against flooding of the River Indus.

River Nile

During this period - the world’s first civilization arose in Western Asia, then North Africa and South Asia, civilisations also appeared in China.

Choqa_Zanbil_Ziggurat

In Southern Mesopotamia trade flourished and extended to Anatolia (modern Turkey). coast of Peru and the Andes 2,800 The Sumerian population BCE. Farmers grew potatoes and was unique and predominantly cereal quinoa and raised alpacas urban. At the heart of the city, and llamas. There were fishing the Ziggurat – a terraced temple communities and on the coast, mound – provided focus for while inland towns became religious ceremonies and grain ceremonial centres built around was stored in storerooms within mud-brick temple platforms. the temple precincts. The first The Indus Valley civilisation pectoris writing developed in emerged in South Asia and Sumer in 2,900 BCE. Mohenjo-daro on River Indus and

Mesopotamia.

In Egypt, the civilisation formed along the banks of the River Valley Nile. l In China, the civilisation originated in the valleys of river Huang He. l In 2900 BCE, the first pectoris writing developed in Sumer. l In the Americas civilisation appeared along the coast of Peru and the Andes. l The Indus Valley civilisation emerged in Mohenjo-daro on River Indus and Harappa.

Egypt and thus began the Middle Kingdom.

In Western Europe, the Bell Beaker culture emerged in France, Spain and the Netherlands and In Mesopotamia, King Sargon spread to Germany and Britain. became the ruler of Sumer and The Bronze technology spread.

Sargon carved out the world’s first By the end of 3rd Millennium empire – the Akkadian Empire. Europe’s first civilization was Sumerian scholars devised a formed on Crete and was home to method of counting. This system several small kingdoms. Known is reflected in our modern division as Minoan civilisation it grew of hours into 60 minutes, minutes prosperous through trade and into 60 seconds and a circle into farming.

360 degrees.

Important Facts: l In Mesopotamia, King Sargon established the Akkadian Empire. l Pharaoh Mentuhotep II united Egypt and began the Middle Kingdom. l The Bell Beaker culture emerged in Western Europe. l The Minoan civilisation grew prosperous through trade.

The bronze cast of Akkadian warrior king

l

Goddess ISIS

Minoan rituals included a bull-leaping ceremony in which the athletes grasped the bull’s horns and vaulted over its back. This Knossos fresco dates back to c.1500 BCE.

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King Hammurabi Chavin Culture

Lord Gautam Buddha

Roman Structure

A view of Knossos

2000 BCE to 1000 BCE The Minoan civilisation named after the legendary King Minos flourished on the Aegean island of Crete. Prosperity was based on export of pottery, gold and bronze.

Knossos the famous Minoan Palace was rebuilt. Bulls featured in Minoan ceremonies.

Middle Kingdom Egypt, became more democratic than it was during the Old Kingdom.

The process of mummification once confined to kings was now permitted for ordinary citizens. In order to preserve it as a permanent home for the spirit, the body was dried in natron salt, its vital organs were removed and it was stuffed with linen and wrapped in bandages.

In China, the Shang civilisation developed along the yellow river.

The thriving Indus valley declined in 1,800 BCE with the rivers changing their course and ravaged by diseases like cholera and malaria.

In South America, substantial settlements such as El Paraiso and Sechin Alto in Peru were dominated by massive temple complexes. Crops such as sunflower and gourds began.

In Western Asia, the fall of Ur III led to the rise of two states Assyria in the north and Babylon in the southeast that dominated Mesopotamia.

The first dynasty of Babylon was established in 1894. King 66

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1000 BCE to 500 BCE

Hammurabi became powerful.

He introduced the Babylonian law code in the region under his control. 282 laws covered property, family, trade and business practices. After his death other powers were on the rise such as Hurricanes in Syria and the Hittites of Anatolia in Turkey who had iron working skills.

In Egypt, the Middle Kingdom was waning by 1,670 BCE due to erratic floods of the Nile. Egyptian rulers assumed the title “Pharaoh” meaning “great house.”

A new civilisation known as Mycenaean’s emerged in Greek mainland. They were great traders.

The close of 2nd Millennium saw major changes. Egypt entered a time of unrest, third intermediate period.

In Mesopotamia there were frequent wars.

In China, new dynasty replaced the Shang when King Wu defeated the last ruler Shang.

In Japan Jomon culture famously decorated pottery.

In India small groups of nomadic pastoralists had been migrating into the Ganges basin and began to cultivate crops. They spoke Sanskrit and developed the sacred writing of Vedas.

Assyrian Lion Hunt Relief

King Tan of Shang

Important Facts: l Knossos, the famous Minoan Palace was rebuilt. l The process of mummification was permitted to ordinary citizens also in Egypt. l In 1894 the first dynasty of Babylon was established. l A new civilisation known as Mycenaean’s emerged in Greek. l In Japan, Jomon culture developed for decorated pottery. l In India pastoralists spoke Sanskrit and developed the Vedas.

During this period the major powers of Western Asia continued to decline. Egypt, Babylon and Assyria had weakened enabling the rise of the short-lived but historically significant Kingdom of Israel.

The Israelites were Semiticspeaking pastoralists who, according to the Bible, migrated into the land of Canaan in the Ancient Near East. In 1,006 965 BCE King David united the Israelite tribes and established the capital at Jerusalem. David’s son Solomon increased Israelite territory and built a magnificent palace and temple in the capital but on his death the kingdom split into two. Later Israel and later, Judah became part of the Assyrian Empire.

The Olmec culture developed in Mesoamerica.

The Adena culture developed in Ohio valley.

The Chavin culture appeared in Peruvian Andes.

In 771 BCE China fragmented into as many as 148 states.

Rome was founded by Romulus n 753 BCE. In its early days the city built on seven hills was ruled by various peoples, including the Etruscan, Latins and Sabines.

Greeks were identified as Hellenes. In 700 BCE the Greeks had adapted the Phoenician alphabet.

In 612 BCE the Babylonians (modern day Iraq), Medes and Scythians sacked Assyrian capital of Nineveh.

Cyrus the Ruler of Persia revolted against his Median overlords in 559 BCE. In 539 Cyrus captured Babylon and most of Mesopotamia and made the Persian Empire the greatest in the Middle East. Cyrus died in 530 BCE and Cambyses acceded the throne and after Cambyses death in 522 BCE Darius overtook as the king.

Confucius was born around 551 BCE in China. From the age of 25 he devoted himself to scholarship.

His philosophy taught respect for elders and became a cornerstone of the later imperial system.

Sometime in 530 BCE Gautama Siddhartha, a Hindu price of Kapilvastur (now in Nepal) had a religious revelation and rejected his noble upbringing to embark on a quest “enlightenment.” Six years later he received it. Buddha means ‘the awakened one’ in Sanskrit and his followers are known as Buddhists. He spread his ideas throughout South Asia, and in the late 3rd century CE into China and thence to Korea, Japan and Southeast Asia.

Olmec Culture

King David

CYRUS THE GREAT Ruler of the kingdom of Pars Important Facts: l In 1,006 - 965 BCE, King David established the capital at Jerusalem. l Rome was founded by Romulus n 753 BCE. l In 771 BCE, China fragmented into 148 states. l In 700 BCE the Greeks had adapted the Phoenician alphabet. l In 559 BCE, Cyrus the Great revolted against the Medes. l In 539 BCE, Cyrus captured Babylon and made the Persian Empire the greatest. l In 551 BCE, Confucius was born in China. l In 530 BCE, Gautama Siddhartha had religious revelation

Chavin Culture

Statue of Confucious

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Relief depicting Magadh and Mauryan Empire

Darius III of Persia

Sarnath Ashoka Pillar

Meeting of Porus and Taxiles

Chandragupt Maurya

Ashoka the Great

500 BCE to 1 AD During this period, the Kingdom of Magadha emerged as an important state in Northern India under Bimbisara (543 - 491 BCE) friend and protector of Gautama Buddha. His son Ajatashastru strengthened the royal capital at Rajagirha and built a centre at Patalatigrama on the Ganges which later became Pataliputra.

Ajatashatru turned Magadha into the dominant power on the Ganges Plain. But after his death Shishunaga founded a new dynasty that lasted for 500 years. The Nanda Dynasty began its expansion in 370 BCE and continued to expand until it was able to take power from the Shishunaga in 345 BCE. The founder of this dynasty was Mahapadma Nanda.

After the assassination of Philip of Macedonia in 336 BCE his 20 Ancient Pillar - Pataliputra

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In India the accession of Ashoka to the throne in 268 BCE, marked a watershed for the Mauryan Empire. On his father Bindusara’s death Ashoka had to fight a four year civil war with his brothers before he was enthroned. Around eight years later, he launched a campaign against Kalinga (modern Orissa) which was so bloody that around 100,000 people died. So struck with remorse Ashoka at this slaughter, In 320 BCE Chandragupta he ever after rejected war and Maurya overthrew the last of promoted the Buddhist concept of the Nandas to become ruler of Dharma.

Magadha and Ganges plain. He Sakas tribesmen invaded Punjab, entered into a treaty with Seleucus northern India, in about 125 and by 303 BCE the Greeks ceded BCE. They took the kingdom of Gandhara and its capital Taxila in control of eastern Afghanistan and about 80 BCE. After Maues died Baluchistan to Chandragupta. He (60 BCE) his son Azes I conquered thereafter, put his son Bindusara much of northwest India. The on throne and became a Jain Sakas ruled the region until the monk. year old son Alexander became commander of the major Greek city states. He marched to Thrace, Anatolia, fought wars with Darius III and went as far as Kabul Valley and at the river Hydaspes, he overcame the local ruler Porus. His plans to push further were stymied by his soldiers who were demoralized and diseaseridden mutinied and demanded to go home. He died of a fever at Babylon in May 323 BCE.

Philip of Macedonia

rise of the Kushan Empire during Queen. A fleet was rapidly the 1st century CE. assembled and this destroyed Julius Caesar became Consul Mark Antony’s naval force at of Rome for the first time in 59 Actium in September 31 BCE BCE. He became very popular and Mark Antony and Cleopatra and joined with Pompey and fled to Greece. Octavian now Crassus and the three dominated became the unchallenged master Rome until 53 BCE as the first of whole Roman Empire and did Triumvirate. After wiping out not take the title of a Dictator and many revolts Julius Caesar ruled informally as the princeps – became a Dictator in 48 BCE the first man of the state. He gave but was killed. Mark Antony one up all his powers restoring the Caesars supports while Caesar’s Republic. nephew and adoptive son Octavian received widespread support in a bid to take up the mantle of his father. Mark Anthony, Marcus Lepidus and Octavian formed a second Triumvirate.

The Triumvirate conducted war against Cassius and Marcus Brutus two of Caesar’s assassins.

Mark Antony was in relationship with Cleopatra, the Egyptian Gandhara

In India Kalinga, a client kingdom of the Mauryas rose to prominence under Kharavela in the mid -1st century BCE. Kharevala established trading contacts as far afield as Southeast Asia.

Julio César

Mark Antony

Egyptian Queen Important Facts: l Philip of Macedonia was assassinated in 336 BCE. l Alexander became commander of the major Greek city states. l In 320 BCE, Chandragupta Maurya became the ruler of Magadha. l In 268 BCE, Ashoka acceded to the throne. l In 59 BCE, Julius Caesar became Consul of Rome. l In 31 BCE, Mark Anthony’s naval force was destroyed at Actium. l Octavian became the first man of the state.

Taxila

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St. Peter’s Church in Rome

King Arthur

War between Carthage & Rome Coin of Ardashir III

King Shapur II

Samudra Gupta

1 AD to 500 AD After the death of Wang Mang, Hou Han founded the Eastern Han Dynasty which lasted until 220, Buddhism was introduced to II carried out war and made them vassal states.

China.

From 96 – 180 AD, Rome was In 395 AD, Theodosius died and ruled by five good emperors who the Roman Empire split. His sons maintained tranquility and peace Arcadius ruled Eastern portion and Honorius ruled Western side. on the borders.

In 132 AD, Chang Heng a Chinese In 407 AD, the Romans withdrew from Britain and never returned poet invented Seismograph. back. In 439 AD the Roman city In 184 AD, a rebellion broke out of Carthage was captured by among peasantry in China and Vandals.

Han dynasty came to an end. In 220 the Wei Dynasty came to In 451 AD, Attila the Hun became the king of the Huns. In 455 power in China AD vandals sacked Rome and In 224 AD, Artabanus V king of in 476 AD the Western Roman the Parthian Empire was defeated Empire ended and the German in the battle of Hormizdagan by mercenaries declared themselves Ardeshir the Shah of Persia. This to be the rulers of Italy. proved the beginning of Sasanid Attila the Hun Empire.

In 503 – 557 AD, three successive wards interrupted by period of peace were fought between the Persian Empire and Eastern Roman Empire. Rome agree to pay the Persians 30,000 pieces of gold annually. The borders between the empires were reaffirmed, Christian worship was protected in the Persian Empire and regulations of trade and diplomatic relations were laid out.

In 581 AD, Sui Dynasty reunited China. Yang Jian founded the Sui Dynasty by using Buddhism to help unite the kingdom. Between 593 and 628 Empress Suiko ruled Japan and issued a 17 article “Constitution” leading to a more centralized Japanese government.

In 296 AD, Britain was reinvaded

by Romans and divided into four provinces.

In 325 AD, Persia was invaded by Arabs and Mesopotamia. Shapur 70

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500 AD to 1000 AD The legendary Arthur won a battle against the Saxons at Mound Badon in Dorset, in Southern England.

The Christians celebrate the birth of Jesus Christ on 25th December.

In 320 AD, the Gupta Empire was founded by Chandragupta I. His successor Samudragupta extended the empire to include all of northern India. The Gupta Empire ushered in a new golden age of Indian Culture.

Zhang Heng

In 680 – 1018 AD, the first Bulgarian Empire was created when the Bulgars defeated the Byzantines. They then occupied the area between the Danube and the Balkan Mountains. In 1018 the Bulgars submitted to Byzantines In 780 – 809 AD, Harun Al Rashid and became part of the Byzantine headed the Abbasid Caliphate Empire. from 786 to 809. Under his reign, In 700 AD, Chinese invented the the caliphate reached the height gunpowder. They used gunpowder of its power. His court in Baghdad primarily for fireworks. In 705 was the center of a rich world of AD Wu Hou became the Empress artists, poets and musicians. of China. She was the first woman to rule China and during her reign In 794 AD, Kyoto was founded.

The Kyoto period in Japanese strengthened the T’ang Dynasty. history began when the Emperor In 711 AD, Charlemagne became moved the capital to a site near the Frankish ruler in the east that of present day Kyoto. The upon the death of his brother period lasted until 1185.

Caroman I. He expanded his empire to include all of Germany In 800 AD, Charlemagne was and maintained close ties with crowned Emperor of the West by the Pope, thus increasing church Pope Leo III on December 25th in St. Peters Church. influence.

Mecca the Holy Pilgrimage Place for Muslims

In 622 AD, the town elders of Mecca initially opposed the teaching of Mohammed and forced him to flee to Medina.

His flight became known as the Hegira.

Jesus Christ

In 627 AD, at the Battle of Nineveh the forces of Heraclius (Byzantine Emperor) defeated the forces of the Sasanid Empire led

by Khosrau.

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Ming Dynasty Art

In 820 AD, Algebra was invented

by Arabic scholar Al-Khwarizmi who derived his works from Hindu works as well as other earlier works.

In 872 AD, Harold I King of Norway was responsible for the creation of modern Norway by deposing many of the petty chieftains to unify the country.

In 878 AD, Alfred the Great won a major victory over the Danes in the Battle in Edington in Southern England. The Treaty of Wedmore was signed between Arthur and the Danes. It divided England into Northern and Southern sectors

with London falling Alfred’s of the Ghaznavids on the death southern region. of his father became Mahmud In 911 AD, the kingdom of of Ghazni. A fervent Muslim, he Normandy was first established expanded his rule to include most and Rollo the Vicking became of Northern India. the first ruler and converted to In 1055 AD, the Seljuk Turks Christianity. under the command of Togrul, In 935 AD, the Koryo Dynasty captured Baghdad. The Sejluk was founded by Wang Kon who Empire reached its zenith under united Korea. This dynasty Malik Shah who expanded the Empire to the point that it remaining in power until 1392. seriously threatened the Byzantine In 962 – 1886 AD, the Ghaznavid Empire’s continued existence. dynasty was founded by Subaktagin, a Turkish slave who In 1066 AD, William the converted to Islam. The dynasty Conqueror began building the established itself in what is now Tower of London in 1066. It known as Afghanistan. The leader stands to this day.

Tapestry King Arthur

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Khwarizmi Amirkabir University of Technology

Marco Polo

In 1163 AD, one of the most notable gothic churches began in 1163 – Notre Dame.

In 1206 AD, Temujin was proclaimed as Genghis Khan who established the Mongolian capital at Karakorum and expanded the empire to include much of northern China and Korea.

In 1215 AD, a group of determined barons forced King John of England to sign the Magna Carta.

Under its terms, the British aristocracy was granted the rights of trial by jury and protection from arbitrary acts of the king.

In 1271 AD, Marco Polo accompanied by his father set off for China.

In 1298 AD, the Chinese developed the first prototype canon. While the Chinese were at the forefront of the early use of gunpowder, it was the Europeans who soon developed pistols and other guns that gave them a decisive military advantage.

In 1368 AD, Chu Yuan Chang, a Buddhist monk found the Ming Dynasty.

In 1428 AD, Joan of Arc led French against English, captured by Burgundians (1430) and turned over to the English, burned at the stake as a witch after ecclesiastical trial Khoushro I

Sui Wendi Tang

Incas in Peru

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In 1438 AD, Incas ruled in Peru.

In 1450 AD, – Johannes Gutenberg invented the printing press l In 1453 AD, Turks conquered Constantinople and end of the Byzantine Empire, beginning of Ottoman Empire l In 1463 AD, Ivan the Great ruled Russia until 1505 as first Czar l In 1497 AD, Vasco da Gama sailed around Africa and discovered sea route to India (1498).

Established Portuguese colony in India (1502 AD). l

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1503 – Leonardo da Vinci painted the Mona Lisa 1506 – St.Peter’s Basilica started in Rome

1556 – Akbar the Great became the Mogul emperor of India, conquered Afghanistan (1581) and continued wars of conquest until 1605

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St. Peter’s Basilica Rome

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1610 – Galileo saw the moons of Jupiter through his telescope 1619 – A Dutch ship brought the first African slaves to British North America

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Scientist Galileo

1643 – The Taj Mahal was completed

1712 – Englishman, Thomas Newcomen developed a more efficient steam engine

Taj Mahal - one of the most admired buildings in the world

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1787 – The Constitution of the United States was signed

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1796 – Edward Jenner introduces smallpox vaccination Queen Victoria

Alfred Nobel

1837 – Victoria became the Queen of Great Britain

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1849 – California gold rush began

1867 – Alfred Nobel invented dynamite (patented in Britain, 1867)

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1839 – Lower and Upper Canada united

1876 – Alexander Graham Bell patented telephone

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1775 – The American Revolution began with battle of Lexington and Concord

1833 – Slavery abolished in British Empire

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1757 – Beginning of British Empire in India as Robert Clive, British commander, defeated Nawab of Bengal at Plassey.

1765 – James Watt improved the Newcomen engine invented the steam engine with a piston separating condensing steam from water

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1698 – British inventor and engineer Thomas Savery obtained the first patent on the steam engine in 1698

1707 – United Kingdom of Great Britain formed – England, Wales and Scotland joined by parliamentary Act of Union.

1893 – New Zealand became the first country in the world to grant women the vote

1895 – X rays discovered by German physicist Wilhelm Roentgen. Aguste and Louis Lumiere premiere motion pictures at the café in Paris

Guglielma Marconi

Wills Carrier

Orville Wright

Wilbur Wright

Einstien

Alexander Fleming

Edmund Hilary

Tenzing Norgay

John McCarthy

Hitler

Yuri Gagarin

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1901 AD to 2000 AD

1600 – East India Company was established

1614 – John Napier discovered logarithms

1879 – Thomas A Edison invented practical electric light

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1901 – Guglielmo Marconi sent first wireless transatlantic radio signal from England to Newfoundland 1902 - Willis Carrier invented air conditioning

1903 – Orville and Wilbur Wright flew the first heavier than air aircraft.

1905 – Albert Einstein published the theory of relativity

1923 – Invention of Television took place. It was the work of two people: Vladimir K Zworykin and Philo Fransworth

1928 – Alexander Fleming invented penicillin and the revolution of antibiotics started.

1933 – Hitler became Chancellor

1939 - Germany invades Poland and started the World War II 1945 – Hiroshima and Nagasaki were bombarded

1953 – Edmund Hillary of New Zealand and Tenzing Norgay, a Nepalese Sherpa reached the summit of Everest

1957 – Sputnick I became the first man-made satellite

1958 – John McCarthy designs Lisp a versatile computer language 1961 – Yuri A. Gargarin became the first human in space and to orbit the earth 1973 – Internet was developed by Vinton Cerf backed by US Department of Defense Advanced Research Projects Agency 1983 – Aids virus was identified

1989 –Worldwide web was invented by Tim Berners 2000 – The year was designated as the International Year for Culture of Peace

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IUU CELEBRATING THE STRENGTH AND UNITING THE SPIRIT OF ZOROASTRIAN COMMUNITY On the Occasion of the

3rd Iranshah Udvada Utsav (IUU) WZCC wishes the Organisers a successful event from 27th to 29th December, 2019 in Udvada and the Zoroastrian community peace, prosperity and happiness.

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The next speaker was Professor Mahzarin Banaji of Harvard University, the Topic was “An Emerging Science of Good & Bad – a Participatory Session to Reveal Mental Blind Spots that Impact our Decision Making”. This was followed by a talk by Afreed Mistry of FEZANA on “Artificial Intelligence, Block-chain Technology and Smart Contracts”.

Next day, marked the glittering occasion for presenting the much awaited WZCC Annual Gala Awards. Mr. Ajay Banga, the President and CEO of Master Card, was the Chief Guest for the evening.

WORLD ZARATHUSHTI CHAMBER OF COMMERCE (WZCC) AGM & AWARDS CEREMONY - ORLANDO, USA The first week of May 2019 from 1st to the 5th, marked the unique confluence of three major Zoroastrian events in Orlando (Florida, USA) as the Central Florida Zoroastrian Community hosted the multi-day World Zarathushti Chamber of Commerce (WZCC) Global AGM, followed by the Federation of Zoroastrian Associations of North America (FEZANA) AGM and the periodic meeting of the Global Working Group (GWG) – coordinating body of the Zoroastrian diaspora.

On 1st May, 2019 over 125 Zarathushtis collected in Orlando, in the lobby of the Wingate by Wyndham Hotel, owned by Dinyar Mehta to attend the WZCC AGM. Post lunch, the WZCC AGM commenced with Er. Soli Dastur leading the benediction. Afsaan Kermani, the host Chapter Chair, welcomed all and Global President, Edul Daver, summarized the activities of WZCC world over. Updates from every Chapter were provided and Global Treasurer, Katayun Kapadia, presented the financial report of each Chapter. New Directors were inducted on the International Board.

This was followed by a panel discussion on “Zoroastrian Entrepreneurship” which was anchored by Xerxes Dastur. The Panelists were Dr. Zubin Sethna (UK), Er. Arda Minocherhomjee, Dr. Daryush Mehta, Ms. Anne Khademian - they discussed the challenges of entrepreneurship in general with a focus on Zoroastrian teachings and philosophy. Later in the evening Dr. Rashna Writer – lecturer, author and political analyst spoke on the topic of “Predicting the Future of Zarathushti Entrepreneurship by Creating it”.

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The evening began with a fireside chat between Mr. Ajay Banga and Mr. Dinyar (Dinny) Devitre. In a free ranging discussion touching upon finance, business, politics, current affairs, identity and the challenge of being an immigrant at the top echelon of the corporate ladder, Ajay Banga enthralled the crowd with his experiences and stories.

Non-Executive Director and Chair of the HR and Remuneration Committee. In each case she has been the first and only woman on these Boards. She is also an active member of Civil Society. She was awarded for her outstanding professionalism, commitment and leadership in Business and Philanthropy.

Zarine Commissariat introduced the Awardees who were presented with the awards by Guest of Honour, Ms. Ritu Banga.

Following day was a day of series of talks by eminent speakers – from Hong Kong, elaborated the methods of “Pursuing all kinds of success”. Dr. Zubin Sethna from London spoke of “Adena – The Psychology Behind Entrepreneurial marketing.”

Dr. Chuchi Areaio, Founder of The Spark Academy, spoke of imbibing entrepreneurship in kids as young as five years old.

A second panel discussion was moderated by Dr. Behram Pastakia of FEZANA. The topic was “Youth engagement – initiatives to employ across Local, Regional and Global level. The panelists were Mr. Dustyn Shroff, Dr. Jennifer Avari Silva, Dr. Jeannie Kenkare and Mr. Khush Italia.

WZCC Outstanding Young Zarathushti Entrepreneur / Professional – 2018 was Ms. Perzen Patel. She epitomizes the true Zarathushti qualities of following her passion and making it an entrepreneurial venture. In doing that she has created a métier for herself that is as unique as her culinary delights. She was awarded for following her passion WZCC Outstanding Zarathushti Entrepreneur and creating a profitable niche in the world of Parsi – 2018 was Dr. Jennifer Avari Silva,. Jennifer is a Culinary delights. visionary founder of the start-up Company SentiAR. Outstanding Zarathushti Social She is responsible for the clinical application of WZCC Entrepreneur – 2018 was awarded to Ms. Roshan the SentiAR technology for patient use. She was awarded for her Entrepreneurial zeal and vision in Bharucha. She grew up in Quetta, Pakistan obtaining the field of Interventional procedures and pediatric her Masters in English from Baluchistan University.

Her public service exposure started in 1967 when cardiac electrophysiology. she became an administrative secretary and then WZCC Outstanding Zarathushti Professional – Administrative Officer at the International Labor 2018 was Ms. Spenta Captain Kandawalla. She is Organization – a UN Agency. She also founded Director and Co-owner of Captain-PQ Chemical and became Managing Director of SOS Children’s Industries, the leading manufacturer of silicates Village and HUNAR Foundation. SOS Children’s in Pakistan. She is currently also on the Board of village provides orphans and abandoned children Standard Chartered Bank, serving as an independent a permanent home and a quality education in SynergyZ, December, 2019

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We congratulate Dinyar for a remarkable career in business and salute his humanitarian contributions.

We look forward to him furthering the cause of World Zarathushti Chamber of Commerce.

Are you a member of WZCC?

The evening ended with the audience being entertained with Hawaiian music and dancing and finally with a delicious Hawaiian dinner.

It was indeed a remarkably memorable experience for all those present.

VISIBILITY Stand out and get noticed in your community.

NETWORKING

World Zarathushti Chamber of Commerce

N

It’s not just who you know, it’s who others know. Networking is powerful.

IO AT UT

From time to time, WZCC inducts an individual as an Honorary Member to become a part of WZCC Honorary Member’s Guild. This year this honor was bestowed upon Dinyar (Dinny) Devitre from USA. Dinyar is one of the most outstanding International Business Executive having occupied leadership position spread over a long period of 40 years in the Consumer Products Industry and Financial Services in Asia, Australia, Japan, Europe and USA. He had initial roots were in India. He was born in Jamshedpur and earned a B.A. (Hons.) degree at St. Joseph’s College, Darjeeling, India. He is also an MBA from Indian Institute of Management, Ahmedabad. In addition, he serves on the Board of Trustees of the Brooklyn Academy of Music and is the Vice-Chairman of Pratham Educational Foundation, prior to which he was a Chairman of Pratham, USA.

Dr. Rashna Writer

P RE

Pakistan’s poorest province, home to millions of Afghan refugees. HUNAR Foundation imparts vocational training to the poorest and most neglected women of Quetta. She was awarded for her remarkable achievement in providing for orphans and abandoned children and also measuring social impact and pitching it further to solve social problems.

If not, here’s what you are missing out on!

CREDIBILITY Raise your reputation through membership.

LEARNING Get a competitive edge over non-members with exclusive training & learning opportunities on a variety of relevant topics.

MARKETING

MEMBER BENEFITS

Increase your local and global footprint through the Chamber.

HAVE A VOICE Gain an opportunity to contribute to the betterment of our Community.

Want to start your own business or expand it?

WZCC-India and WZO Trust Funds joint initiative will help with Rs. 5 - 25 lacs returnable grants For more details contact: Aspi Antia - CEO, WZCC | Email: wzccindia@on-lyne.com

Registered Office: 5750, South Jackson St. Hinsdale, IL 60521 - 5109 Central Administrative Office: 8, R.N. Gamadia Polyclinic, Gamadia Colony, Tardeo, Mumbai 400 007, India.

Tel.: +91-22-2353 2522, Cell No. +91-9619165444

Visit us at www.wzcc.org to learn more about the benefits of membership today!

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Business Name: Dhansak & Co

Entrepreneurs: Tanya Hoshi Anaheez Karbhari

Business Model: The first Zoroastrian Street Wear brand, launch in August this year (Navroze 2019).

Interested Shark & Status of the Deal: Shark Xerxes Wania (Serial Entrepreneur and angel investor, Canada) shall aid Dhansak & Co. at an “Advisory Level.” In addition, the Executive Committee of 7WZYC has agreed to contribute 5% of their share of profits gained

Business Name: Tribe Boutique Hotels

What it takes to get a deal on Zoroastrian Shark Tank?

Entrepreneur: Arius Iri

Young Entrepreneurs Setting The Future In Motion

Keeping true to the tradition of fostering entrepreneurship within the community, especially the WZCC youth, conceptualized and executed the first ever - ‘The Zoroastrian Shark Tank’, (ZST) on 3rd July, 2019, at the 7th World Zoroastrian Youth Congress (7WZYC) held in Los Angeles, USA. The event provided budding Zoroastrian entrepreneurs with a platform to pitch their business models in front of a panel of Zoroastrian ‘Investors’, wittily termed ‘Sharks’ and persuade them to fund their initiatives. The event primarily catered to the ‘Incubation’ element of the ‘Five Verticals’ that WZCC voraciously advocates; the other four being ‘Networking’, ‘Mentoring’, ‘Knowledge Sharing’ and ‘Industry Exposure’.

Months prior to the event, the preparations commenced with entrepreneurs being invited to submit their entries through a Google Form, substantiated with authorized documents, which were later shortlisted by WZCC Youth Wing Core Members, Jehaan Kotwal, Pearl Mistry, Delna Sethna, Nainaz Shroff, Hoshang Jehangirji and Rashna Sanjana along with Investment Professional, Yazdin Mistry, based on factors revolving around entrepreneur’s background, 82

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finances, need for equity infusion, amongst others. The investors too were narrowed down by the team on the basis of their interest in supporting young entrepreneurs, having relevant experience in their respective fields, and their ability to invest in businesses; along with WZCC Global President, Edul Davar who drove the initiative amongst the investors in the USA. Through a series of intense discussions, five entrepreneurs and five investors were shortlisted to go live on the main day.

Executed on the third day of 7WZYC, termed as the ‘WZCC Day’, in front of a crowd of over 300 Zoroastrians, the event witnessed each of the shortlisted entrepreneurs presenting their business model for a period of 10 minutes whilst ascertaining the amount of funds they wished to raise in front of the Sharks, in return for a certain percentage stake of equity in their companies. In turn, the Sharks had fifteen minutes to ask questions, discuss and ascertain the offers with their suitable entrepreneurs.

‘SynergyZ’ proudly introduces The Five Entrepreneurs who were nominated to present their business model in front of the Five Keen Sharks, to bring them on board either in terms of advice or Capital….

Business Model: A Boutique Hotel on an already existing property in Dominica, Costa Rica.

Interested Shark & Status of the Deal: Shark Feroze Bhandara (Entrepreneur) has agreed to come on board ‘TRiBE Boutique Hotels’ as an ‘Investor’.

Business Name: CityFalcon Business Model: A portal that provides a range of specially curated Financial and Business News, Tweets, and Research for the designated audience.

Interested Shark & Status of the Deal: Sharks are yet in talks to hop on board with ‘CityFalcon’ either in an ‘Advisory’ capacity or at ‘Investment’ level.

Entrepreneur: Ruzbeh Bacha

Some of the sharks being impressed with the presentations, reposed confidence by investing sums varying from US$ 10,000 to US$ 100,000/. Some are yet contemplating their stance with the entrepreneurs and include Alayar Dabestani (Dabestani Group Washington), Cyrus Mistry (Google Product Manager) and Khosro Mehrfar, California, USA. With the event executed in real time in front of a live audience, the feedback and the response from the participants and the audiences exceeded expectations. “Kudos to Rashna, Jehaan and the entire team for planning, managing and running such a successful program,” said Shark Khosro Mehrfar.

WZCC Youth now hopes to pull off ZST every year at major community events, one within the periphery of India and one globally. The next program is scheduled to take place at the upcoming WZCC – AGM in Lonavala from 3rd to 5th January, 2020. “This will offer a great platform to individuals looking for mentorship and funding, as well as to investors who are looking to support young Zoroastrian individuals whilst ushering in the next generation of stalwarts,” said Rashna Sanjana, who played a key role in masterminding the event with Jehaan Kotwal and other team members.

By: Delaveen Tarapore

Business Name: Lotus Trolley Bags Business Model: Reusable grocery bags – Redefining grocery shopping by offering a dynamic solution to one of the pressing issues of plastic in the World.

Interested Shark & Status of the Deal: Sharks are yet in talks to hop on board with Entrepreneur: Farzan Dehmoubed ‘Lotus Trolley Bags’ either in an ‘Advisory’ or at ‘Investment’ level.

Business Name: Letswapp Business Model: An online barter platform enabling cashless trading of goods and services at a peer to peer level, and plans on expanding to a B2B, C2C, B2C and C2B platform.

Interested Shark & Status of the Deal: Investment opportunities are still open.

Organisers: (From L-R) - Jehaan Kotwal, Kaizrin Engineer, Edul Daver, Rashna Sanjana, Delna Sethna, Rishad Manecksha, Farhan Dadachanji, Homi Gandhi

Entrepreneur: Jehangir Irani

Names of Business Advisors / Investors: (From L-R) - Alayar Dabestani, Khosro Mehrfar, Feroze Bhandara, Cyrus Mistry, Xerxes Wania Image credit: Shark Tank ABC

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In today’s economy, employees are expected to do more to contribute to their company. Often this means being more focused and knowledgeable with less support and fewer resources. If you’re feeling the pressure to keep up, learn continuously and demonstrate your talents simultaneously, you’re not alone. This is where a mentor can be a golden ticket to success.

The Benefits of

Having a

Mentor

A mentor can be many things. For some people a mentor is someone who gives you the occasional useful tips. For others it’s a person who gives you support, knowledge and encouragement to help you achieve the career or business of your dreams.

Whatever it is you’re looking for there are serious benefits in finding someone to help you short cut the learning process and fast track your career.

Ideally, a mentor should be someone who has more life experience than you; someone you aspire to be like or who you think shares your morals and values. If you can find the right mentor, you will find yourself receiving an invaluable informal education.

Here are a few benefits of having a mentor:

“It takes a wise man to learn from his mistakes, but an even wiser man to learn from others.”

– Zen Proverb

While success is often put down to hard work and the right attitude, an often overlooked attribute of success is the support and guidance of a mentor. Having the guidance, encouragement, and support of a trusted and experienced mentor can provide a mentee with a broad range of personal and professional benefits, which ultimately lead to improved performance in the work and life...

Whether you’re starting a new job or you’re embarking on your entrepreneurial journey – actually at every stage of your career and life – whenever you’re in need of honest advice, it’s comforting to know you have someone to turn who you can trust.

Someone you can bounce off ideas with. A person that’s walked in your shoes and who is excited about helping you grow.

We all know, that success can stem from a number of things including hard work, connections, and the right attitude. However an often forgotten asset is having the right mentor, to guide you on the right path and help you to progress in your career and business.

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1) Networking: Having a mentor helps you add to your network. They will introduce you to likeminded people when required who will become valuable connections throughout your career.

2) Career progression: Mentors will help in finding out new jobs and businesses as they may hear about them before they are advertised. They will give you an introduction to any potential employer. Being introduced like this gives you a head start in the application process.

perspective. He can offer you impartial advice from a professional point of view, which may help you to see opportunities and challenges from a more constructive perspective.

6) Personal Development: Building a network of influential people is a great way to continue your own personal development. It is said that you are the sum total of the five people you hang out with the most, so it’s worth thinking about.

7) Staying Focused and on track: At times it is too easy to get distracted so having someone to help you stay on track and focus your attention on the important things will help you maintain your personal growth and smash your targets.

8) Accountability: Motivation can be a hard thing to manufacture but telling your mentor you’re going to achieve something and setting yourself a goal means you have someone to hold you accountable to these goals. This means you’re more likely to take action and will therefore see results quicker.

9) Mentoring others: Having a mentor guide you through your career is a great way to learn how to be a mentor yourself. Sharing your knowledge and experience in this way can be massively rewarding and can open up opportunities to you as well as the person you are mentoring.

10) Blossoming in life: While dining in a Chinese restaurant, you may have had the pleasure of sampling a flowering tea – a drink in which a dried flower bloom is steeped in hot water.

Many believe that we’re a lot like those dried flowers – we blossom into a beautiful flower when exposed to the warm presence of a mentor.

3) Feedback: If you have an idea for your business or product then having a mentor to bounce these Conclusion: Having a mentor will always put you ideas off can help you plan and organise how to one step ahead of those who don’t have one and you put them into action and make them a reality. will always benefit from the advice you’re given.

Your mentor may be able to see potential pitfalls and opportunities that had not occurred to you, which could be the difference between success and failure.

4) Problem Solving: If you are having a problem at work, a mentor can give you helpful advice.

His experience and insight can stop you making mistakes and can give you the answers rather than you having to waste valuable time and money working out the right way to handle the situation.

5) Perspective: Asking friends and co-workers for help when you’re struggling can be helpful but a mentor is likely to give you an entirely different

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HOW WORLD

POPULATION WILL GROW

Lu Zhenmin UN Undersecretary- General for Economic & Social Affairs

POVERTY CHALLENGE

“

Many of the fastest growing population are in the poorest countries, where population growth brings additional challenges in the effort to eradicate poverty

The earth will be home to some 9.7 billion people in 2050 and by 2100 the number will increase to 11 billion. India’s population will surpass China’s by 2025 and, despite being one-third the size of the US will hold a population 10 times higher than America, the UN has announced. Here is how the world will look like in future.

Number Facts

DEMOGRAPHY 7.7B

People are currently alive on Earth as per the UN Report

9.7B

Is the expected population in the world by the year 2050

27

Countries showed a reduction of 1% in population since 201

Other useful information: l

The UN report confirmed that the world’s population is growing older due to increasing life expectancy and falling fertility levels. of the fastest growing populations are in the poorest countries where population growth brings additional challenges in the effort to eradicate poverty.

l

The global fertility rate fell from 3.2 births per woman in 1990 to 2.5 births in 2019 and is projected to decline further to 2.2 births by 2050. A fertility rate of 2.1 births per woman is needed to ensure population replacement and avoid declines.

In 2019 the fertility rate in sub-Saharan Africa was the highest at 4.6 births per woman, with Pacific Islands, northern Africa and western, central and southern Asia above the replacement levels. in the effort to eradicate poverty.

Is the current average life expectancy in the world

77.1

The likely global average life expectancy in 2050

l

Between 2019 and 2050 populations are projected to decrease by one percent or more in 55 countries or areas, of which 26 may see a reduction of at least 10 percent. In China for example the population is projected to decrease by 31.4 million or around 2.2 percent between 2019 and 2050.

l

Between 2010 and 2020 four countries or areas will see a net inflow of more than one million migrants while 10 countries will experience a similar loss. For example, some of the largest outflows of people – including from Bangladesh, Nepal and the Philippines – are driven by the demand for migrant workers. But some migrants are driven from their home countries by violence, insecurity and conflict including from Myanmar, Syria and Venezuela.

l Many

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The countries experiencing a net inflow of migrants over the decade include Belarus, Estonia, Germany, Hungary, Italy, Japan, Russia, Serbia and Ukraine.

SNAP SHOT

Nine Countries will be responsible for more than half the projected population growth between now and 2050

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This is an Appeal from Diana Cyrus Bharucha to all the Indian members of WZCC to assist Kinder Trust, Nilgiris by donating any amount to them individually or under CSR, to further continue their activities.

The Trust assists People with disabilities, (mostly children) and economically challenged women with surgical procedures for mobility, eye operations, physiotherapy, equipment, prosthetics, medical camps, aid and educational assistance.

The on-going programmes are “Off To School” where 20 children are transported to the Govt. Day Care centre in Coonoor for physiotherapy, speech therapy and special simple education. Together with WZO Trusts, a Bee Keeping initiative, “Nectar Flow” to promote ecofriendly self-employment for Flood affected farmers in Kodagu and a tailoring cooperative in Aluva, Kerala for women affected by the recent floods was initiated.

A One Stop Centre to train people with disability and economically challenged women in tailoring, embroidery, ecofriendly soap making, food preservation, arts & crafts and to conduct several medical camps is planned in Coonoor. There are officially 12,000 old people with handicaps in the Nilgiris and there is a great need to empower these people by training and creating sustainable, self-employment.

All donations are eligible for Income Tax exemption under section 80 G of the Indian Income Tax Act 1961.

Bank Details: Kinder Trust. HDFC Bank, M.G.Road Branch, Bangalore Current A/c No. 50200025588652 ISFC code HDFC0000076 For further information Visit: www.kindertrust.org or www.facebook.com/kindertrust Contact us: +919880433711 / dianabharucha@gmail.com With our humble gratitude, Diana Cyrus Bharucha (Managing Trustee)

CONGRATULATIONS AND BEST WISHES TO SYNERGYZ for publishing the 18th Volume of this Annual Magazine On behalf of our members, businesses, professionals, and Zarathustis in the Chicago area, may we continue to forge forward with united leadership and a strategic vision for the future economic prosperity of the global Zarathusti community.

With All Best Wishes

India

Nigeria

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Pakistan

Congo

Ethiopia

Tanzania

Indonesia

Egypt

United States

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The Growth Story of Tata Group The Pioneers

1904

Jamsetji’s older son, Sir Dorabji Tata, brings Jamsetji’s vision to life. He becomes Chairman on Jamsetji’s passing away.

1907

A far sighted visionary from young age, Sir Dorab Tata establishes Tata Iron and Steel Company (now Tata Steel) in remote Sakchi, a perfect place on the confluence of two rivers – Swarnarekha and Khorkai. He builds a hospital for the village and in 1919, Sakchi is rechristened as Jamshedpur to honour Jamsetji, who first envisioned the township.

1907 Here is a wonderful story on Jamsetji Tata, the founder of Tata Group, a leader, a pioneer and a visionary who established nation-building industries, embarked on welfare initiatives, and travelled widely bringing home new ideas, knowledge and technologies. Also covered are the pioneers from the TATA family who followed into Jamsetji’s footsteps and fulfilled his dream to industrialise India.

Today, the Tata Group is one of the most respected business groups in the world. SynergyZ give you glimpses of the early years, the growth years, and the expansion years of the Tata Group.

THE EARLY YEARS (1868-1917) 1868

The young visionary Jamsetji Nusserwanji Tata, at the age of 29 starts a trading company with a capital of Rs. 21,000 — the early beginnings of what would one day become the Tata Group.

Tata Limited, the group’s first overseas office, opens in London. The step marks the beginning of the group’s global ambitions of expansion.

1909

Sir Dorab Tata plays a prominent role and establishes the Indian Institute of Science a fountainhead of India’s quest for technical and scientific manpower and transforms JN Tata’s grand vision into reality, five years after his death.

1910

Jamsetji’s dream of bringing pollution free clean energy to Mumbai by establishing Western India’s first hydro plant, is brought to life by Sir Dorab.

Tata Power is born.

1874

1912

Jamsetji establishes the Central India Spinning, Weaving and Manufacturing Company, later named the Empress Mills, in Nagpur. Introducing modern machinery he revolutionized the production of cotton yarn.

Concerned about the poverty in India, Sir Ratan Tata, Jamsetji’s younger son and a philanthropist, funds research into its causes at the University of London and sets up a Chair.

1886

1917

As a model employer, Jamsetji ushers in many labour reforms like accident compensation, pension funds and welfare initiatives for employees, long before they are enacted by law. 150 years later, the Tata group remains a ‘people-first’ enterprise.

The group makes its consumer space debut with Tata Oil Mills Co (TOMCO), known for popular soap brands, Hamam and Moti. It is sold to Hindustan Lever in 1984.

THE GROWTH YEARS (1919-1968

1892

Jamsetji’s goal enables young Indians to acquire higher education at the international academic centers as he establishes the JN Tata Endowment Fund to help the Indian students to pursue higher studies abroad. Freny Cama was the first recipient of the JN Tata Endowment Fund.

1903

The elegant Taj Mahal Hotel opens for business on December 16; one of Jamsetji’s many dreams for India which came to fruition in his lifetime. The hotel was a gift to Mumbai – the jewel in his entrepreneurial crown and an iconic landmark.

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1919

Sir Ratan Tata passes away, and the Sir Ratanji Tata Trust & Allied Trusts is set up with a corpus of Rs. 8 million. Navajbai Tata wife of Sir Ratanji Tata became a director of Tata Sons and held the position right up to her death in 1965.

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1920

1954

1929

1954

India sends her first Olympic team to the games in Antwerp, largely due to Sir Dorab Tata’s efforts. In 1924, he finances the Indian team headed to the Paris games and in 1927 becomes the first President of the Indian Olympic Association.

The 24-year-old JRD Tata receives the first pilot licence in India, the culmination of a childhood fascination with flying and with legendary aviator Louis Bleriot. He was the first Indian to pass out with ‘No.1’ on his flying licence.

1932

India’s aviation aspirations soar as JRD pilots a flight from Karachi to Mumbai.

Tata Airlines (later, Air India) is born.

1936

The Tata Institute of Social Sciences, a premier institute, is established which offers education in the field of Social Science, Public Policy, Human Development and Economics. It remains an institution of excellence to this day.

1938

Sir Nowroji Saklatvala KBE, CIE, Jamsetji’s sister’s son, and the third Chairman of Tata Group passes away. JRD Tata takes the position as Chairman.

At 34, he is the youngest in the group’s history.

Voltas is incorporated and is associated with multiple prestigious projects, making it a leading engineering solutions provider company specializing in air-conditioning and cooling technology.

TELCO enters the commercial vehicle space in collaboration with Daimler Benz AG, West Germany. The first Tata Mercedes-Benz truck rolls out in six months.

1962

The group’s interest in the beverages space is brewing. Tata Finlay (later, Tata Tea; now, Tata Global Beverages) is born.

1962

Tata Exports (now, Tata International) is set up. The company operates in 39 countries, focusing on trading and distribution, metals, minerals and manufacturing leather products.

1968

India’s first software services company, Tata Consultancy Services ushers in a new era. Today, it is a truly global enterprise with a presence in 46 countries that optimizes machine-human collaboration to drive business.

1939

Tata Chemicals is incorporated in coastal Mithapur. A thriving community grows around the plant as the company grows into a market leader. From rural livelihoods to health to education, Tata Chemicals invests back into the community.

1941

The Tata Memorial Hospital is commissioned by the Sir Dorabji Tata Trust on 28 February, as a center with enduring value and mission for concern for the Indian people. It pioneers cancer treatment in the country, and offers access to cancer care for all.

1945

The group’s rapid business expansion continues with the establishment of Tata Engineering and Locomotive Company. By 2003, it is rechristened Tata Motors.

1945

India’s scientific infrastructure takes a decisive step forward, when JRD Tata and Homi Bhabha establish the Tata Institute of Fundamental Research.

1946

Naval Tata proves his mettle as a sports administrator and is named President of the Indian Hockey Association. Under his watch, India achieves Olympic glory, with golds in 1948, 1952 & 1956.

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THE EXPANSION YEARS (1969-2017)

1969

JRD Tata and Dr. Jamshed Bhabha envision a performing arts centre. Enter, the National Centre for the Performing Arts.

1982

The Taj Group accelerates its international expansion with the acquisition of St. James Court in London, UK, two years after the company’s first international hotel in Yemen.

1983

Tata Chemicals introduces Tata Salt—the country’s first iodised branded salt, the ‘desh ka namak’ to build a healthy nation.

1984

The Group clocks another win as Titan Industries, a JV with the Tamil Nadu Industrial Development Corporation (TIDCO), makes a splash in a watchstarved market.

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1991

TELCO (now Tata Motors) cruises into the passenger vehicle space with Tata Sierra, followed by Tata Estate in 1992.

1991

With a view to preserving the group’s unique heritage, JRD Tata establishes the Tata Central Archives in Mumbai. The archives find a new home in Pune in 2001. The facility has brought together records from various Tata Companies and related individuals.

1991

After 53 years at the helm, JRD Tata steps down as Chairman, naming Ratan Naval Tata as successor. Under Ratan Tata, the group grows into a $100bn enterprise. From a torchbearer to transformer, Ratan Tata shepherded and guided the Tata group into a new age, and he has done it in his own distinctive style.

1992

JRD Tata is awarded India’s highest civilian honour, the Bharat Ratna, for his contribution to nation building, and also wins the UN Population Award the same year. On receiving the award, JRD said, “I do not want India to be an economic superpower. I want India to be a happy country.”

1994

Tanishq is a jewelry brand of India. It is a division of Titan Company, promoted

by Tata Group. It revolutionises the Indian jewelry market.

1998

Tata Indica, India’s first indigenously designed and manufactured car, and Tata Safari, India’s first SUV, are launched.

2000

Tata Tea (now Tata Global Beverages) acquires the iconic, then 160-year-old, British Tetley group. Today, it is the second largest tea brand, globally.

2001

The group strengthens its presence in the insurance sector with two joint ventures — Tata AIG this year, and Tata AIA in 2000.

2002

The Tata group acquires a controlling stake in VSNL, establishing Tata Communications. The company is a global leader in network solutions, mobility and Internet of Things (IoT).

2003

TCS is the first Indian software company to cross $1bn in revenue. It goes public in 2004 in the largest IPO in India.

2006

The group responds to the transforming satellite entertainment space by launching DTH (Direct-to-Home) provider, Tata Sky.

2007

Tata Steel acquires Corus (now, Tata Steel Europe). It is Europe’s second largest steel producer serving construction, automotive, packaging & engineering industries.

2008

Tata Motors unveils the ‘people’s car’, Tata Nano, to make safe transport affordable to millions. It also acquires iconic British car maker, Jaguar Land Rover.

2011

Tata Medical Center, a comprehensive cancer care and treatment facility designed especially to serve the poor in the region, is inaugurated by Ratan Tata.

2012

TGBL’s JV with international coffee giant, Starbucks, is welcomed by coffee lovers. The next 5 years see the fastest rollout of stores in Starbucks’ history.

2014

Bombay House, is the first heritage building in India to receive a gold rating by Indian Green Building Council. Two years later, it receives a platinum rating.

2017

N. Chandrasekaran, CEO and MD of TCS since 2009, is appointed Chairman of Tata Sons by the Board of Directors.

2017

TCS and Cornell Tech inaugurate the Tata Innovation Center to promote joint academic and industry research, following a $50 million investment by TCS.

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And the journey continues...

Image Credit: Google.com & Tata.com SynergyZ, December, 2019

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