Earbuds, texting, and snacks are in. E-mail and hierarchy are out. Get used to it.
GOOD NEWS, TEAM! After years of labouring under the oppressive thumb of entitled boomers and sad, slow-moving slackers, we, the millennials in this organisation, have assumed control. Don’t worry. Nobody has been made uncomfortable, if that’s what you’re worried about. But there are going to be some changes around here. We thought you’d like to hear about them.
As you know, our demographic doesn’t really hierarchies. So we intend to run this company as a unified Team that agrees about everything. In addition:
Effective immediately everyone in the organisation is a vice president. New hires will begin at the senior executive director level, and after a period of two weeks will immediately be promoted to vice president also. (But individuals who are upset about the waiting period can totally just skip it.)
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INDIA'S LARGEST VERTICALLY INTEGRATED TEXTILE MANUFACTURER
Ms Suchita Oswal Jain, the Vice-Chairman and Joint Managing Director of Vardhman Textiles is a third-generation entrepreneur and an able custodian of the family business.
That Dark Summer Again
After a stellar earnings season in Q4 of FY21, India’s growth engine seems to have lost its steam in the June quarter because of the second wave of the Covid-19 pandemic.
FOCUSED DIGITAL-SAVVY MOVES
In an exclusive interview, Arjun Jain, Business Head, Varroc Electricals & Electronics, shares his views on the influences of the pandemic and changing trends on the automotive component industry and the role of SAP as a digital enabler in his businesses
The Shopkeeper's Best Friend
BharatPe has the shopkeeper at the centre of its fintech universe. This has paid rich dividends, with more than 6 million merchant partners and loans worth ₹1,600 crore in less than three years. All thanks to QR codes.
Meesho Must Go On
Meesho pioneered the social commerce trend in India six years ago, providing a source of income for millions of homemakers. Its future is riddled with competition from fellow startups and e-commerce behemoths. The good news is the market is vast.
The Conversation RONNIE SCREWVALA
Ronnie Screwvala, 64, serial entrepreneur, philanthropist, and author, has commissioned a telling new report titled ‘Non-linear Thinking’, 1 which he puts forward as an alternative line of thought to propel India to its true potential. Non-linear thinking assumes a higher level of risk than normal, where past experiences do not define future ones. Screwvala, who co-founded upGrad, South Asia’s largest higher edtech company, explains the report’s thesis in detail.
FabAlley was quick to adapt to the ‘keyboard up’ dressing trends last year as work-from-home became the norm. It is now doubling down on its online presence and partnerships with major online retailers abroad, setting it up to be the go-to destination for millennial women everywhere.
FORMER McDONALD’S CEO STEVE EASTERBROOK SUPERSIZED THE COMPANY’S PERFORMANCE—UNTIL HE WAS FIRED AMID A SCANDAL. NOW HIS SUCCESSOR, CHRIS KEMPCZINSKI, MUST PERSUADE THE COMPANY’S MANY STAKEHOLDERS TO REUNITE.
Asset Light, People Right
Healthcare startup Pristyn Care’s OYO-like business model and impeccable service have attracted both investors and patients alike. But the model and the promise will be tested as the number of surgeries increase.
40 Under 40 2021
Fortune India’s 40 under 40 list is an annual listing highlighting the inspirational work done by some of the country’s best and sharpest young entrepreneurs, fund managers, and corporate executives. But choosing a handful from hundreds of names is a tough ask, and we sought the inputs of an expert panel who helped us in the process of selecting the final 40. Let’s hear it for the unflinching spirit of our young achievers in these difficult times.