The License Raj in India was a time when, to set up an industry, you needed a license. Which made the government an omnipresent and sort of all-pervasive authority. Kumar Mangalam Birla More Quotes by Kumar Mangalam Birla More Quotes From Kumar Mangalam Birla The work environment is very important in determining how enjoyable work is. It is very important to work with smart guys who have a superior level of intellectual bandwidth and still have softer skills as well. Kumar Mangalam Birla smart guy skills The one important factor that keeps me going is the kind of people I work with. Kumar Mangalam Birla important kind people Well, I think the golden rule I can think of is the fact that you must follow your passion and do something that's close to your heart. And I think that that's very important, well, to be successful and to be happy. Kumar Mangalam Birla passion successful heart Jack Welch is someone who I have always admired. In India, Narayana Murthy is someone who I have great respect for. Kumar Mangalam Birla great-respect india To globalize for the sake of globalizing-as a matter of ego-is perilous. Expanding internationally is hard, risky work. Globalization is not just about putting up a plant. It's not about making an acquisition. It's much, much more. Kumar Mangalam Birla acquisition ego matter First create jobs, and then provide skills to people. Kumar Mangalam Birla skills jobs people In 1991, the government unleashed the power of India and created a partnership between itself and industry. As a result, India has emerged as an economic success story, and that is a matter of pride for all of us. Kumar Mangalam Birla india government pride There are two roadblocks in the way of transforming India into an economic giant and one of them was education. I believe that if education is privatised at primary and secondary level, lot of our problems will be answered to Kumar Mangalam Birla education two believe One feels very blessed to be born into a family like the Birla family, which is a household name in India, which stands for tradition, is yet contemporary, stands for trust. Kumar Mangalam Birla india blessed names Our financial services business has reached the size and scale where value can be unlocked. Kumar Mangalam Birla technology My father taught us that to thrive, excellence in technology, quality, and customer service along with cost competitiveness is a prerequisite. His contribution to business, the economy, and society at large can never be underscored enough. Kumar Mangalam Birla quality technology business father The culture of caring and giving permeates many Indian families. In their own way, they are engaged in philanthropic pursuits. Kumar Mangalam Birla caring giving culture way Very often, we think of leadership being at the very top of an organisation. I think what's unique about ABG is that we have a very strong cadre of leaders across the organisation who are highly empowered and therefore play a very major role in the growth and evolution of the organization. Kumar Mangalam Birla growth strong unique leadership Our mission has always been to be leaders in each of our businesses, which is one, two, or three. Kumar Mangalam Birla mission always three two I was very fortunate, because I don't think many people get to spend time with their great-grandfathers. So, he passed away when I was 15, so I spent a lot of time with him. We lived together. He traveled a lot, but when he was here, we lived together. Kumar Mangalam Birla think together time people The young generation is willing to experiment more. Firstly, they are less motivated by money and compensation, unlike the previous two generations. Secondly, integrity and governance are very important issues for them. Kumar Mangalam Birla generation money important integrity Being a conglomerate, each of our businesses has a different challenge; business landscape is different for each business. It makes it challenging as well as exciting. Kumar Mangalam Birla challenge being landscape business I think a leader has many roles to play. So, you know, one role is that of incubating talent; the other is that of being a strategist. It's a very interesting job I've got. Kumar Mangalam Birla job you talent leader I don't think the western world is questioning capitalism. Capitalism as a concept is not something that society has written off. But today, there is degree of caution around capitalism. We believe in compassionate capitalism. Growth for growth's sake can never be an end in itself. Kumar Mangalam Birla growth society today world It's not a good idea to always look for new frontiers, especially when you have opportunities in your existing businesses, in your own backyard. Kumar Mangalam Birla new good look you
