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From the Editor’s Desk President Message CONVERGE May 2012 Dear HDCF Members and Friends, its my pleasure to welcome you all to the 1st issue of Converge, HDCF’s official Monthly Newsletter. Since inception, we have been having regular interactions both online and offline modes. These interactions have resulted in fruitful networking within members. Such collaborative avenues have lead to tapping synergies and getting inspiration from successful business initiatives. Soon, HDCF is going to celebrate its first anniversary. To move forward and benefit all members of HDCF, we are launching this Newsletter to showcase some of innovative interventions, creative business ideas, path-breaking service models, etc. among the members. with warm wishes, Praveen Kumar Machavaram Editor-in-Chief The sole purpose of initiating HDCF is to provide enduring growth opportunities to all members, learn new ways of thinking, discuss challenges encountered in day-to-day business and exchange views. We have been inviting successful entrepreneurs from different business domains to share their knowledge as part of our HDCF Confluence Meets. One of the objectives of HDCF is to promote entrepreneurship to create employment and improve national economy. Accordingly, we have launched an exclusive Investment Advisory Committee (IAC) to support funding requirements of the group members and planning to conduct entrepreneurship trainings soon. Trainings and IAC are going to be our top priorities for next few months. Hoping to see you participate with full cooperation. Venkat Reddy TC President – HDCF Contents From Editor's Desk President Message HDCF Events Kisan Raja's Success Story HDCF Focus Groups Chiru Speaks, Guest Column CEO Capsule, Guest Column Reva-Thee, Guest Column HDCF - JNTU Entrepreneurship Development Programme CONVERGE - HDCF Newsletter Business. Collaboration. Success www.hdcf.in HDCF - JNTU Entrepreneurship Development Programme 4 - 9, June 2012 Hurry up, Register today!
Transcript
Page 1: Final Newsletter

From the Editor’s Desk

President Message

CONVERGEMay 2012

Dear HDCF Members and Friends, its my pleasure to welcome

you all to the 1st issue of Converge, HDCF’s official Monthly

Newsletter.

Since inception, we have been having regular interactions

both online and offline modes. These interactions have

resulted in fruitful networking within members. Such collaborative avenues

have lead to tapping synergies and getting inspiration from successful

business initiatives.

Soon, HDCF is going to celebrate its first anniversary. To move forward and

benefit all members of HDCF, we are launching this Newsletter to showcase

some of innovative interventions, creative business ideas, path-breaking

service models, etc. among the members.

with warm wishes,

Praveen Kumar MachavaramEditor-in-Chief

The sole purpose of initiating HDCF is to provide enduring

growth opportunities to all members, learn new ways of

thinking, discuss challenges encountered in day-to-day

business and exchange views. We have been inviting

successful entrepreneurs from different business domains to

share their knowledge as part of our HDCF Confluence Meets.

One of the objectives of HDCF is to promote entrepreneurship to create

employment and improve national economy. Accordingly, we have launched

an exclusive Investment Advisory Committee (IAC) to support funding

requirements of the group members and planning to conduct

entrepreneurship trainings soon. Trainings and IAC are going to be our top

priorities for next few months.

Hoping to see you participate with full cooperation.

Venkat Reddy TCPresident – HDCF

Contents

From Editor's Desk

President Message

HDCF Events

Kisan Raja's Success Story

HDCF Focus Groups

Chiru Speaks, Guest Column

CEO Capsule, Guest Column

Reva-Thee, Guest Column

HDCF - JNTU EntrepreneurshipDevelopment Programme

CONVERGE - HDCF Newsletter

Business. Collaboration. Success

www.hdcf.in

HDCF - JNTU

Entrepreneurship

Development

Programme

4 - 9, June 2012Hurry up,

Register today!

Page 2: Final Newsletter

www.hdcf.in

HDCF Events

HDCF Confluence VII – 24th March 2012

Become Member of HDCF Today Register Today!www.hdcf.in

Just a day after the Telugu New Year Ugadi! An

informative and informal evening filled with fun and

frolic! …is how one would describe the HDCF

Confluence-VII event of 24th March 2012.

As the Chief Guest, Mr. Suheim Sheikh, Founder CEO and

MD of SDG Software Technologies & Founder of President

of The Yacht Club of Hyderabad, spoke about his

interesting entrepreneurial story right from succeeding in

promoting his unique software to the passionately

working towards helping underprivileged children in

sailing.

This time HDCF Confluence-VII took a traditional turn with

Dr. CVB Subramaniam, a Vedic Astrologer and Head of the

Department of Astrology at Potti Sri Ramulu Telugu

University, Hyderabad speaking on the impact of the new

year on businesses, based on the Panchamgam, the

traditional Telugu Calendar in an interactive session

entitled “Business Panchangam”

From the inspiring anecdotes of persistence and resilience

narrated by Mr. Suheim Sheikh to the motivating advice by

Dr. CVB Subramaniam, the evening focused on the

importance perseverance in business initiatives, impact of

giving to the welfare of society, being helpful to others

and most importantly believing ones self!

Later the members have participated in interactive

networking with each other and enjoyed sumptuous

dinner and cocktails.

Business. Collaboration. Success

“If everyone is moving forward together, then success takes care of itself” - Henry Ford

CONVERGEMay 2012

CONVERGE - HDCF Newsletter

Page 3: Final Newsletter

www.hdcf.in

Success Story

The saga of Kisan Raja’s stupendous success

Business. Collaboration. Success

CONVERGEMay 2012

Kisan Raja is a revolutionary device (invented and manufactured by Vinfinet Technologies Pvt.

Ltd.) that help bring the fruits of technology to rural India – particularly to farmers and

unemployed youth. The solution allows farmers to remotely control the agricultural motor

using their mobile or landline. An IVRS (Interactive Voice Response System) in local language

helps in making selections for switching the motor ON or OFF. Farmers also receive voice

alerts for various situations like Faulty Power Supply, Motor not Starting, Lack of Water in the

Well/Bore, and any attempt of Device / Motor Theft.

Kisan Raja is a vastly superior innovation in terms of functionality, safety and user-

friendliness, when compared to low-end ‘auto-starters’ available in

rural areas. Launched in July 2010, this patent- pending innovation has been

recognized by many leading institutions.

Currently, the device is being targeted at influential farmers in the village who

have larger Land holdings. This select group of people subsequently

influences decision-making of the majority.

Winner of Sankalp Awards 2012

Winner of India Semiconductor Association (ISA) Technovation Awards 2011 in the ‘OEM Consumer – Best Indian

Startup’ Category

1st Runner-up at Samsung Innovation Quotient conducted by Samsung and CNBC-TV18

Winner of Wantrapreneur 2011 (‘Startup – Agri’ category) conducted by Villgro, Chennai

Among the Finalists of Mahindra Spark The Rise

Among the Winners of the 3rd Indian School of Business (ISB) iDiya Challenge

Winner of Navkriti 2011 conducted by NITIE (National Institute of Industrial Engineering)

Mr Vijay Bhaskar Reddy hails from rural Andhra Pradesh. He completed his education from IIT Madras before

working for companies like Intel and Cisco. He always wanted to do something for the farmer community. He got

the idea of Kisan Raja, when he saw his brother going to the field in the middle of the night to switch ON/OFF the

irrigation motor pump set. This was the moment when Mr. Reddy decided that he would create an easy-to-operate

technology solution that would improve the lives of farmers. He had joined Vinfinet Technologies Pvt. Ltd. as CEO

which was already established to provide career-oriented IT trainings for unemployed rural youth and launched an

IVRS based motor controlling and monitoring application.

Awards and Recognitions

About Vijay Bhaskar Reddy

m

m

m

m

m

m

m

CONVERGE - HDCF Newsletter

Page 4: Final Newsletter

www.hdcf.in

Reva-TheeGuest Column by Revathi Turaga

Business. Collaboration. Success

“I've missed more than 9000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the

game winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed!’

The above statement of Michael Jordan reflects beautifully the attitude of ‘never give up’! Time and again we have

heard that it is not how one falls, but how one gets up again that counts towards one’s success. Failure is often

viewed as the opposite of success, and refers to the state or condition of not meeting the desired outcome.

However, I look at FAILURE as “Free Again to Innovate and Learn Until Reaching Excellence”! Here’s how...

One of the first stories I remember hearing about a never give up attitude is that of a king, who, after his kingdom

was conquered by his enemies, absolutely exhausted and de-motivated, went into hiding in a forest wherein he saw

a tiny spider attempting to climb out of a crevice. The crevice was too steep and too wide for the spider and the

moment it made two steps forward, it just slipped one step backwards. It looked like it could never reach the top.

However, the king noticed that the spider didn’t give up. It kept slipping, but kept keeping on... until it finally

reached the top of the crevice on its way to its freedom. Seeing this, the king suddenly felt free too! Motivated, he

gathered his few troops and, marched against his enemies and saved his kingdom. Sometimes, when one fails, one

needs to realize that they are free from the earlier attempts, to start again, all fresh and anew!

We have all heard the wonderful adage “try try again till you succeed!” However, what we do not realize in history is

that every scientist who has tried again and again has not tried the same way again and again. For example, let us

say you are walking on a road and there is a big rock in the way that blocks your path. You can’t pass. Now, the

next time you walk, would you walk the exact same path again? Or would you walk around the rock or find a way to

move it or change the path itself? We would obviously do one of the latter. Hence, when one fails, it is not that one

has to simply try again, however one has to analyze what happened and creatively try another method. One needs

to learn and innovate!

Martin Luther King defined excellence as ““If a man is called to be a street sweeper, he should sweep streets even

as Michelangelo painted, or Beethoven composed music, or Shakespeare wrote poetry. He should sweep streets so

well that all the hosts of heaven and earth will pause to say, here lived a great street sweeper who did his job well.”

Excellence can be attained only through continuous learning after learning through failure after failure. Though

everyone fears failure, those in search of excellence embrace their mistakes and learn from them for further growth

an implementation. An entrepreneur may in fact regard failure as a very positive experience: as a prerequisite to

success, a chanced discovery, a profound teacher, a future value-adder, a provider of new direction, an enhanced

motivator, a path to achievement and even as a relieving liberator towards excellence.

Grow from Failure

"Do not follow where the path may lead. Go instead where there is no path and leave a trail" - Harold R. McAlindon

CONVERGEMay 2012

CONVERGE - HDCF Newsletter

Page 5: Final Newsletter

www.hdcf.in

Reva-TheeGuest Column by Revathi Turaga

… continued

Business. Collaboration. Success

We’ve been taught from an early age that failure is a bad thing. When we do poorly on tests, we receive a failing

grade. When a business goes bankrupt or dies, it is said to fail. We were constantly reminded every day that failure

is something negative. But today, most entrepreneurs and scientists and business leaders are starting to

understand the positives of failure! History is adept of thoughts from various scientists such as Thomas Watson

who said “If you want to succeed, double your failure rate” and Edison who said “I have not failed. I've just found

10,000 ways that won't work”.

In today’s scenario, failure is such a common occurrence it should come to be expected. So, ensure that you

develop thicker skin if failures and setbacks seem to bother you. It is very important you learn from every failure

and that the same failure isn’t repeated or experienced twice as this could lead to unnecessary waste of time and

money and even possibly fatal mistakes. Thus, choosing to look at FAILURE as “Free Again to Innovate and Learn

Until Reaching Excellence” means that even though each idea we try may not work, it still would help to bring us

that much closer to an idea that does. To that end, experiencing failure becomes a very essential and necessary

step in arriving at success.

Remember, when you fail next, choose to innovate!

You have the power!

-------------------------------------------------------------------------------------------------------------------------------

The Author is Ms. Revathi Turaga, an International Trainer, Inspirational Speaker, Happiness Facilitator, Behavioural

Coach and Innovation Consultant. She can be reached through www.revathionline.com

How to share your stories with Converge Newsletter?

[email protected]

Dear Members,

Please send your success stories, unique initiatives, ideas and views to our official mail

Editorial Team will look into the same and try to accommodate them in the forthcoming monthly issues

accordingly. However, we will not entertain any communication in this regarding.

In this entire process, Editorial Team’s decision is final to accept, alter, prioritize, publish or reject the articles or

information.

Grow from Failure

“Excellence is not a skill. It is an attitude” - Ralph Marston

CONVERGEMay 2012

CONVERGE - HDCF Newsletter

Page 6: Final Newsletter

Business. Collaboration. Success

Page 7: Final Newsletter

ENTREPRENEURSHIP DEVELOPMENT CELL

JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD

Kukatpally, Hyderabad – 500 085

ENTREPRENEURSHIP DEVELOPMENT PROGRAMME

04th June, 2012 to 09th June, 2012

REGISTRATION FORM

Name of the Applicant

Father/Husband name

Educational Qualifications

Date of Birth

Work experience

Occupation

Address

Contact No/s.

Email

Your Strengths

Weaknesses

Family Background

D.D. No : ____________________ dated _______________

Name of the Bank and Branch Name : _________________________________________

Please indicate your Entrepreneurial/ Business Interests and also indicate why are youspecically interested in Entrepreneurship : (Attach a copy of your Business Plan/ Ideasalong with the application)

__________________________________________________________________________

__________________________________________________________________________

__________________________________________________________________________

__________________________________________________________________________

__________________________________________________________________________

Place:

Date:Signature:

∗ Submit a photocopy of your attested degree certicate.

Affix your

Recent Passport

Size Photo

here

: ____________________________________

: ____________________________________

: ____________________________________

: ____________________________________

: ____________________________________

: ____________________________________

: __________________________________________________________

: __________________________________________________________

: _______________________ Mobile: ____________________________

: __________________________________________________________

: __________________________________________________________

: __________________________________________________________

: __________________________________________________________

Business. Collaboration. Success

Page 8: Final Newsletter

www.hdcf.in

HDCF Focus Groups

HDCF IAC on the way to facilitate investment for startups

Business. Collaboration. Success

HDCF Launches `Investment Advisory Committee – IAC’

Prof. BP Padala, a distinguished member of HDCF, was the man behind the idea genesis of forming a separate

‘Advisory Council’ to help members seeking investments for their startups / other ventures. HDCF Core Committee

considered this as a potential idea that would help achieve its envisioned objective. An adhoc committee was

immediately commissioned that included industry experts like Prof. BP Padala, Raghunath Akasam, Aashish Malve,

Arun Sinha and Kaali Sudheer to develop this idea into a full-fledged functional committee.

The adhoc committee did discuss the need and role of the proposed advisory committee and has finalized on the

broad framework, principles and the format within which it shall function. Based on the recommendations and

suggestions of this committee a formal proposal for constituting an “Investment Advisory Committee” (IAC) was

tabled on 4th December, 2011 which was duly passed by the HDCF Core Committee. Thus, HDCF (IAC) was formally

constituted, effective from 24th March, 2012.

HDCF (IAC) has been constituted with the primary objective of facilitating and helping entrepreneurs seeking

investments for their startups / other ventures. In a further effort to reach out to the members, HDCF has created

an online platform http://www.hdcf.in/iac/ to facilitate an easy access to the members to submit their startup ideas.

This initiative has received an overwhelming response from members and HDCF (IAC) started receiving serious

proposals from 2nd week of April itself.

HDCF Core Committee has extended all the necessary support and timely cooperation in constituting this

committee which was widely regarded as a step in the right direction to extend all possible support to members to

grow into successful entrepreneurs.

-------------------------------------------------------------------------------------------------------------------------------

Investment Advisory Training Program

for Entrepreneurs by HDCF Investment Advisory

Committee

May 12th @ Akasam Consulting

Level 4, Masab Tank, Hyderabad

From 4:00 pm – 8:00 pm

Session Addressed by HDCF IAC Team:

Aashish Malve, Arun Sinha, BP Padala, Kaali Sudheer

and Raghunath Akasam

Topics:

m

m

m

m

m

m

Assessment of capital requirement for business

Debt and equity options

Equity investment - investors' considerations

How to be investment ready

Post investment obligations

Process of raising investments

CONVERGEMay 2012

CONVERGE - HDCF Newsletter

Page 9: Final Newsletter

www.hdcf.in

Chiru SpeaksGuest Column by Chiranjeevi Maddala

Business. Collaboration. Success

It worked! Expression was the fundamental element that brought a BIG change in my life. Somehow I was heavily

inspired by the movie, . I keep a copy of this movie with me always and I watch it at least once in a week! One

thing I liked from that movie is

It really works. When the mind is free, we get to feel the flow of energy within. But, how to make it free? Well, one has to

find his / her own way to make it free. The basic concept here is throw all the things out.

The process that worked for me was the ‘expression’. Whenever I expressed my thoughts as they were, I felt empty and I

was filled with new energy? Whenever I stored them for a long time, it made me feel heavy and dull!

Is it so simple? Well, its not! But when you find the right channel to express, it becomes easy! Two things that helped me

a lot were, talking and writing.

I see a scientific connection here also. When the thoughts are inside your mind, they don’t have a specific shape or

structure. ONLY when you express, they take a shape and become useful. The more clear and structured thinking we

have, the more focused we become and that helps us to take the action.

This is not a new discovery but I strongly feel that many of us just don’t do it! Just think, how did you know about a

particular person? By all what he / she told you and showed you, right? The same principle works for business also, each

business should ‘express’ to be reached. People just don’t buy your services/products, just because you are selling them.

Your business should have a personality and it should ‘talk’ to your customers.

Go Express Yourself!-------------------------------------------------------------------------------------------------------------------------------Chiranjeevi Maddala is a CEO & Founder of SWEET Interactive. Besides an entrepreneur and designer,he is a writer too.

The Matrix

“Free Your Mind”.

Express It All, It Works!

CONVERGEMay 2012

CONVERGE - HDCF Newsletter

Page 10: Final Newsletter

www.hdcf.in

CEO CapsuleGuest Column by Seshadri Padigala

Business. Collaboration. Success

Thanks to Ministry of Corporate Affairs in India for conceptualising the idea of “Sustainable Business Growth of

SMEs”. I thought it is right time to share my perspectives with SMEs on the approach they could take for working

on sustainable business growth based on my personal experiences. SMEs strategy could include making the

following as five pillars of “Sustainable Business Growth”.

Actions by SME’s will only make the difference to their own business. Let us all strive for Sustainable Business

Growth of SME’s leading to “Inclusive Growth” in India

-------------------------------------------------------------------------------------------------------------------------------

Mr. Seshadri Padigala is the Founder of Organisation Development Consultants, Hyderabad and is also a CMC -

Certified Management Consultant

Sustainable Business Growth for SMEs – The way forward

CONVERGEMay 2012

CONVERGE - HDCF Newsletter

Integrated Management

Systems

Workplace

Improvements

Business

Excellence

Models

CSR

Implementation

Sustainability

Reporting

SMEs need to look

beyond ISO certifications /

accreditations.

Wise thing to do would be

to relook at their existing

systems and integrate ISO

& Industry standards to

achieve targeted

performance.

Management systems and

business practices should

be same to achieve

consistent performance.

The systems should also

improve with time.

SMEs Integrating

management systems with

initiatives like workplace

improvements, business

excellence models, CSR,

Sustainability reporting

will add value to their

customers.

Adding value to

customers through

innovation would help

SME’s to sustain their

business growth.

SMEs need to educate its

employees on lean

concepts and take up

projects to improve their

organisation.

Some of the concepts

which SMEs should take up

are :

- Five S

- Kaizen

- Visual Control

- SMED

- Poka Yoke

Additionally, SMEs based

on their maturity level and

need could plan to initiate

workplace improvements

by means of concepts like :

- Benchmarking

- Six Sigma

- Problem solving tools

Top management getting

involved in understanding

these concepts and then

initiating appropriate

practices is very much

needed to sustain

continual improvements in

the organisation.

Initiation of best practices

will happen, if SMEs also

work on framework like

that of business

excellence models (EFQM

/ MB).

The criterion for

excellence as per models

on which SMEs could

work are:

Enablers :

- Leadership

- Strategy

- People

- Processes

- Partnerships

Results :

- Customer Results

- People Results

- Society Results

- Key Business Results

Business excellence

models serve the purpose

of self assessment,

positioning existing

initiatives, structuring and

strategically aligning

systems for sustained

results.

Making business plans

using the framework

would help SMEs.

The RIGHT “things to

do” in CSR

implementation for all

enterprises irrespective of

their size, type and nature

of business are :

- Care for stakeholders

- Ethical functioning

- Respect for workers

rights and welfare

- Respect for human rights

- Respect for environment

- Activities for social and

inclusive development

CSR IS NOT

PHILANTHROPY

CSR implementation is all

about working on the six

elements mentioned

above....

Right “Things To Do”

Excellent organisations

embed within their culture

an ethical mindset, clear

values and the highest

standards for

organisational behaviour,

all of which enable them

to strive for TBL -

Triple Bottom-Line

( Economic, Environmental

and Social Performance)

Sustainability reporting is

about TBL reporting on

annual basis. It would be

wise to integrate this with

financial reporting.

To achieve growth in

global market,

sustainability reporting

shall become essential in

next few years.

The beginning now by the

SMEs on this would go a

long way in ensuring

sustainability.

Sustainability Reporting

for sustainable business

growth shall be the

future.

Integrated Management

Systems

Workplace

Improvements

Business

Excellence

Models

CSR

Implementation

Sustainability

Reporting

SMEs need to look

beyond ISO certifications /

accreditations.

Wise thing to do would be

to relook at their existing

systems and integrate ISO

& Industry standards to

achieve targeted

performance.

Management systems and

business practices should

be same to achieve

consistent performance.

The systems should also

improve with time.

SMEs Integrating

management systems with

initiatives like workplace

improvements, business

excellence models, CSR,

Sustainability reporting

will add value to their

customers.

Adding value to

customers through

innovation would help

SME’s to sustain their

business growth.

SMEs need to educate its

employees on lean

concepts and take up

projects to improve their

organisation.

Some of the concepts

which SMEs should take up

are :

- Five S

- Kaizen

- Visual Control

- SMED

- Poka Yoke

Additionally, SMEs based

on their maturity level and

need could plan to initiate

workplace improvements

by means of concepts like :

- Benchmarking

- Six Sigma

- Problem solving tools

Top management getting

involved in understanding

these concepts and then

initiating appropriate

practices is very much

needed to sustain

continual improvements in

the organisation.

Initiation of best practices

will happen, if SMEs also

work on framework like

that of business

excellence models (EFQM

/ MB).

The criterion for

excellence as per models

on which SMEs could

work are:

Enablers :

- Leadership

- Strategy

- People

- Processes

- Partnerships

Results :

- Customer Results

- People Results

- Society Results

- Key Business Results

Business excellence

models serve the purpose

of self assessment,

positioning existing

initiatives, structuring and

strategically aligning

systems for sustained

results.

Making business plans

using the framework

would help SMEs.

The RIGHT “things to

do” in CSR

implementation for all

enterprises irrespective of

their size, type and nature

of business are :

- Care for stakeholders

- Ethical functioning

- Respect for workers

rights and welfare

- Respect for human rights

- Respect for environment

- Activities for social and

inclusive development

CSR IS NOT

PHILANTHROPY

CSR implementation is all

about working on the six

elements mentioned

above....

Right “Things To Do”

Excellent organisations

embed within their culture

an ethical mindset, clear

values and the highest

standards for

organisational behaviour,

all of which enable them

to strive for TBL -

Triple Bottom-Line

( Economic, Environmental

and Social Performance)

Sustainability reporting is

about TBL reporting on

annual basis. It would be

wise to integrate this with

financial reporting.

To achieve growth in

global market,

sustainability reporting

shall become essential in

next few years.

The beginning now by the

SMEs on this would go a

long way in ensuring

sustainability.

Sustainability Reporting

for sustainable business

growth shall be the

future.

Page 11: Final Newsletter

www.hdcf.in

Editorial Team

Business. Collaboration. Success

Praveen Kumar Machavaram

Revathi Turaga

Members

Editor-in-Chief

Mentor

Chiranjeevi Maddala

Allipuram Rajasekhar Reddy

Seshadri Padigala

m

m

m

Converge Newsletter - Advertisement

Tariff

1. Inside - Quarter page - Rs. 1000/-

2. Back Cover - Quarter page - Rs. 1500/-

For further queries, please mail us on

[email protected]

Hyderabad Director / CEO Forum (HDCF)

2nd floor, Vamshi Estate,

Opposite to Chandana Brothers,

Ameerpet, Hyderabad

Andhra Pradesh, India

Email: [email protected]

CONVERGEMay 2012

CONVERGE - HDCF Newsletter

With best compliments from :


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