BusinessWire India
Mumbai (Maharashtra) [India], October 26: Scaling Up India recently concluded its highly anticipated event, the Scaling Up India Summit 2023, with Verne Harnish, Founder of Scaling Up, offering valuable insights to C-suite executives, entrepreneurs, and business enthusiasts. The summit, held at the prestigious Taj Lands End in Mumbai, provided a platform for attendees to explore the four critical pillars of business success: People, Strategy, Execution, and Cash.
Scaling Up, a global business performance platform with a presence in over six continents, has a track record of supporting thousands of companies worldwide in their scaling endeavours. Scaling Up has supported companies like Ashiana Housing, Quest Global, MAQ Software, Clarion Technologies, Ador Powertron to name a few in their growth journey.
Verne Harnish's workshop at the event underscored the importance of the Four Decisions® methodology - focusing on People, Strategy, Execution, and Cash - as essential tools for successful growth. Discussions during the workshop covered practical solutions for scaling up highlighting relevant global company case studies and provided participants with valuable insights for advancing their businesses. Verne addressed various key topics, such as the significance of market intelligence, effective hiring strategies, compensation planning, goal alignment, structured meetings, metrics for business success, and organizational structure.
The sessions also featured India's leading Scaling Up Coaches - Ajay Hiraskar, Deepinder Bedi and Navneet Mathur, seasoned growth catalysts, with a track record of coaching entrepreneurs to unlock their full potential. The insights were tailored to the evolving business landscape and booming start-up ecosystem of India with effective recommendations for success in today's challenging global environment.
Verne Harnish, Founder & CEO, Scaling Up and best-selling author said, "Scaling Up India Summit 2023 was a remarkable gathering of visionaries and doers who understand the importance of adopting updated strategies and systems for tackling today's business challenges. Furthermore, it's crucial to recognize the pivotal role of women in the workforce, especially in a country like India that has seen a surge in female participation. The emergence of AI and technology-driven ventures necessitates a more balanced, feminine culture to thrive. It's a testament to the significance of women's inclusion in shaping the future of our ventures."
He also shared his expert advice for young and aspiring entrepreneurs, stating, "India's vibrant start-up ecosystem offers incredible opportunities, and my advice to young Indian business owners is to consider a few key principles. First, consider finding a co-founder if you're starting a company. The collaboration of co-founders, as seen in the success of companies like Microsoft, Apple, and Airbnb, can greatly benefit your start-up journey. Second, don't rush into entrepreneurship; gain experience by working for a large corporation. Learning the ropes and acquiring skills can set you up for success. And finally, consider acquisition over building from scratch. Buying a company with existing revenue can provide a solid foundation for your business aspirations."
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