incubate ideas to empower entrepreneurs...to empower entrepreneurs ma foi – major milestones 1992...

15
K Pandia Rajan 18-05-2012 Incubate Ideas To Empower Entrepreneurs

Upload: others

Post on 17-Oct-2020

4 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Incubate Ideas To Empower Entrepreneurs...To Empower Entrepreneurs Ma Foi – Major Milestones 1992 Inception with a capital of INR60,000 Expansion to Multi-locations In India Launch

K Pandia Rajan

18-05-2012

Incubate Ideas To Empower Entrepreneurs

Page 2: Incubate Ideas To Empower Entrepreneurs...To Empower Entrepreneurs Ma Foi – Major Milestones 1992 Inception with a capital of INR60,000 Expansion to Multi-locations In India Launch

Ma Foi – Major Milestones

1992

Inception with a capital of INR60,000

Expansion to Multi-locations In India

Launch of HR Outsourcing,Executive Search

1998

1996 2001

Internationaloperations

Franchisee networkin India;Flexi staff > 6000

2003

2004

Part of Vedior;Ma Foi Academy;Flexi staff > 10,000

IT venture :Minvesta Infotech

2006

2008

Part of Randstad:2nd Largest HR Company

New ventures inConsulting &

Education

2012

5/25/2012

Page 3: Incubate Ideas To Empower Entrepreneurs...To Empower Entrepreneurs Ma Foi – Major Milestones 1992 Inception with a capital of INR60,000 Expansion to Multi-locations In India Launch

A Natural Progression

Global footprint on

Consulting Engagements

Celebrated panel of Consultants

with Industry & Functional expertise

Collective intelligence

gained over 20 years

Strategic Engagement with Strategic Engagement with OrganizationsOrganizations

Research & Analytics Research & Analytics OrientationOrientation

Management Education & Management Education & Professional DevelopmentProfessional Development

5/25/2012

Page 4: Incubate Ideas To Empower Entrepreneurs...To Empower Entrepreneurs Ma Foi – Major Milestones 1992 Inception with a capital of INR60,000 Expansion to Multi-locations In India Launch

• Consulting:

Small & Medium Enterprises sector

Strategic interventions• Education:

Employability Gap (Value and Skills)

Entrepreneurship Development• Research:

Market Research

Social Research

Analytics

Our Focus Areas

5/25/2012

Page 5: Incubate Ideas To Empower Entrepreneurs...To Empower Entrepreneurs Ma Foi – Major Milestones 1992 Inception with a capital of INR60,000 Expansion to Multi-locations In India Launch

The Value Tripod

STRATEGYSTRATEGY

EDUCATIONEDUCATIONRESEARCHRESEARCH

5/25/2012

Page 6: Incubate Ideas To Empower Entrepreneurs...To Empower Entrepreneurs Ma Foi – Major Milestones 1992 Inception with a capital of INR60,000 Expansion to Multi-locations In India Launch

Incubate Ideas

Page 7: Incubate Ideas To Empower Entrepreneurs...To Empower Entrepreneurs Ma Foi – Major Milestones 1992 Inception with a capital of INR60,000 Expansion to Multi-locations In India Launch

Understanding the idea

Differentiate start-up vs Corporate idea

Profiling the person/team (ability, passion, attitude )

Assessment Feasibility

Scalability

Profitability

Screening of ideas

5/25/2012

Page 8: Incubate Ideas To Empower Entrepreneurs...To Empower Entrepreneurs Ma Foi – Major Milestones 1992 Inception with a capital of INR60,000 Expansion to Multi-locations In India Launch

Create an incubation eco-system

Allot structured mind space

Establish culture and discipline

Facilitate development and marketing

Incubate Small companies internally

5/25/2012

Page 9: Incubate Ideas To Empower Entrepreneurs...To Empower Entrepreneurs Ma Foi – Major Milestones 1992 Inception with a capital of INR60,000 Expansion to Multi-locations In India Launch

Building a community of customers

Make customers passionate about the company

Listen to your community

Create more evangelists

Innovate ways to spread a message

Role as an Evangelizer

5/25/2012

Page 10: Incubate Ideas To Empower Entrepreneurs...To Empower Entrepreneurs Ma Foi – Major Milestones 1992 Inception with a capital of INR60,000 Expansion to Multi-locations In India Launch

Identify accelerating partnerships

Define scope of partnerships

Facilitate the synergy

Set measurables for outcomes

Strategic Partnerships

5/25/2012

Page 11: Incubate Ideas To Empower Entrepreneurs...To Empower Entrepreneurs Ma Foi – Major Milestones 1992 Inception with a capital of INR60,000 Expansion to Multi-locations In India Launch

Don’t shy-away from M&A’s as a startup

Scientifically assess and control cost involved

Take risks with the unknown

Focus on sales-force synergies

Keep a tab on administrative and operational efficiencies

Be cautious of the timeframes

M&A Strategies

5/25/2012

Page 12: Incubate Ideas To Empower Entrepreneurs...To Empower Entrepreneurs Ma Foi – Major Milestones 1992 Inception with a capital of INR60,000 Expansion to Multi-locations In India Launch

Business incubators provide new businesses with shared facilities

Business accelerators share some of the characteristics of incubators, offering professional advice and guidance to startups.

Incubator Business and Accelerator Business

5/25/2012

Page 13: Incubate Ideas To Empower Entrepreneurs...To Empower Entrepreneurs Ma Foi – Major Milestones 1992 Inception with a capital of INR60,000 Expansion to Multi-locations In India Launch

Motivate continuous improvement

Orientation to the market

Insulate from corporate traffic jams

Don’t let the passion overshadow the idea

Keep the dollar focus

Incubating Intrapreneurs

5/25/2012

Page 14: Incubate Ideas To Empower Entrepreneurs...To Empower Entrepreneurs Ma Foi – Major Milestones 1992 Inception with a capital of INR60,000 Expansion to Multi-locations In India Launch

Idea encouragement

Company formation support

Fund Raising

Mentoring

Networking and marketing support.

What incubatees expect ?

5/25/2012

Page 15: Incubate Ideas To Empower Entrepreneurs...To Empower Entrepreneurs Ma Foi – Major Milestones 1992 Inception with a capital of INR60,000 Expansion to Multi-locations In India Launch

Thank You!

5/25/2012