www.ciolookindia.in
INDIA Vol 10 | Issue 03 | 2024
Top Iconic
Business
Business Titans of Tomorrow The Innovators Redefining Industry
Leaders to Watch in 2024
The Leaders Shaping the Future The Visionaries of 2024 Unleashing the Power of Innovation
Sudhir Borgaonkar Chief Executive Officer BJR Group, Hyderabad
Sudhir
Borgaonkar
Championing Sustainability and Growth with Dynamic & Inspirational leadership in the Automotive Industry
Top Iconic
Business Leaders to Watch in 2024
Editor's
Note
THE GLOBAL BUSINESS SUCCESS BENCHMARK SETTERS
A
s we walk into 2025, transformative growth, innovation, and redefined leadership is revamping the business world. The next-gen of visionary leaders–having bold ideas, disruptive strategies, and an unflinching commitment to reshaping industries, influencing economies, and inspiring new generations of entrepreneurs–is emerging. The icon leaders of the present are not only picking up on the pace digitized but also are redefining how technology meshes into our lives and enterprises. They lead the charge by embracing new technologies, operating with data analytics, artificial intelligence, and cloud computing towards streamlining their processes for better customer experience. However, it's not about hooking on to technology at all costs but responsible and moral use. They recognize that technology could be the foundation to change the economies. They are at the front lines in ensuring digital transformation occurs in an inclusive way for the benefit of the community and society at large. Modern iconic leaders know that profitability alone does not speak of success; their vision is towards the benefitting of society. There will be more and more leaders who will push for sustainability and implement environmental-friendly business practices in the year 2025. From reducing carbon footprints to adopting sustainable supply chains, these leaders are committed to finding solutions to environmental challenges. Beyond the environmental aspect, they focus on social responsibility, seeking to create a workplace where everyone is welcomed and the benefits of corporate success are spread across all stakeholders-employees, communities, and the environment.
As we see into the future, it can be seen that the CIOLook India’s 'Top Iconic Business Leaders to Watch in 2024' are those who think of the world, act responsibly, and lead with purpose. They understand the interconnectedness of today's world and the enormous impact that businesses can make on economies, cultures, and the environment. These leaders are setting a new standard for global business by fostering collaboration, promoting sustainable practices, and embracing inclusive values. And, in years to come, that light will shine on leaders who see a future beyond the bottom line, whose strategy defies conventional wisdom, and whose acts inspire others to do likewise. These are the ones to watch-people shaping the future of their industries and driving broader change that will redefine success for years to come.
- Gaurav PR Wankhade Managing Editor
Profiles20 28
Revolu onizing Banking:
Avinash Shende and Sachin Pande’s
Visionary Journey of Virtual Galaxy Infotech Limited
Sunil Casala
Delivering Personalized Modern Staffice Global HR Solu ons to All
Articles
CONTENT 14 24
Business Titans of Tomorrow
The Innovators Redefining Industry
The Leaders Shaping the Future
The Visionaries of 2024 Unleashing the Power of Innova on
08 Sudhir
Borgaonkar Championing Sustainability and Growth with Dynamic & Inspirational leadership in the Automotive Industry
TS Cover Story
FOLLOW US ON
LOOK INDIA
www.twitter.com/ciolookindia www.facebook.com/ciolookindia/
www.ciolookindia.com
Abhishek Joshi
WE ARE ALSO AVAILABLE ON
Editor-in-Chief
CONTENT
Managing Editor: Gaurav PR Wankhade Assisting Editor : Prajakta Zurale
DESIGN
CONTACT US ON
Email
[email protected] For Subscription www.ciolookindia.com
Visualizer : Sandeep Tikode Art & Design Director : Sarita Bhagat Associate Designer : Nagaraj Patil
SALES
Vice President : Swapnali Vasaikar Asst. Vice President : Tejaswini Whaval
Copyright © 2024 CIOLOOK India, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from CIOLOOK India. Reprint rights remain solely with CIOLOOK India.
Sr. Team Leader : Suraj Gadekar BDE – Tushar Katkeraju TECHNICAL
Technical Head : Prachi Mokashi Technical Specialist: Rajeshwari Avhad Technical Consultant : Tanaji Fartade SME-SMO
[email protected]
Oct, 2024
Research Analyst : Sager Lahigade SEO Lead : Prashant Rathod
Cover Price: Rs.300/-
Top Iconic
Business Leaders to Watch in 2024
Featuring
Company
Brief
Avinash Shende, Chairman & Executive Director and Sachin Pande, Managing Director & CTO
Virtual Galaxy Infotech Pvt. Ltd.
Leading Virtual Galaxy Infotech with a mission to innovate in the tech landscape, Avinash’s focus is on delivering high-quality software solutions.
Dr Abhishek Agarwal, Founder and CEO
LRA Unified Group
Dr Abhishek Agarwal, the leader of LRA Unified, is a serial entrepreneur having business experience in various sectors over a decade.
Shobhit Srivastava, Project Manager
Manomithi welfare foundation
Apart from being the Project Manager, Shobhit is also a teacher, content writer, taxation and accounting associate, graphics designer, sales and domestic data entry operator.
Sudhir Borgaonkar, Chief Executive Officer
BJR Group
Sudhir is a top management senior C-Suite Executive having result oriented progressive career of over 35 years that reflects year-on-year success in achieving business growth objectives and optimizing the entire value chain of business.
Sunil Casala, Director and Business Head
Staffice Global Private Limited
With over 15 years of experience in human resources, Sunil brings multi-faceted approach to every aspect of HR Leadership.
Cover Story
Sudhir
Borgaonkar
Championing Sustainability and Growth with Dynamic & Inspirational leadership in the Automotive Industry
“
At BJR Group, we recognize that the future of the automobile industry will be significantly shaped by the rise of electric vehicles (EVs).
“
Sudhir Borgaonkar Chief Executive Officer BJR Group, Hyderabad
Top Iconic Business Leaders to Watch in 2024
A
s an exemplary visionary, dynamic & inspirational leadership, Sudhir Borgaonkar is ensuring a prosperous future for BJR Group, with a strong focus on both immediate results and long-term vision. Sudhir’s goal is to establish the business as a frontrunner in the dynamic automotive sector while staying true to his principles of sustainability and operational excellence. Sudhir, the accomplished CEO of BJR Group, is celebrated for his strategic vision and inspirational leadership. With over thirty-five years of Domestic & International extensive experience spanning various sectors—ranging from paints, tires, batteries to two-wheelers and automobiles—Sudhir has consistently demonstrated his ability to transform struggling businesses into profitable enterprises. His career, which began with humble roots in the paint industry, reflects a journey marked by resilience, strategic insight, and relentless dedication. At the helm of BJR Group, Sudhir has overseen remarkable growth, with a particular focus on sustainability initiatives. A key achievement under his leadership has been the company's promotion of Light commercial vehicles, aligning with global trends in the automotive sector. His inclusive, dynamic & collaborative management style fosters a culture of innovation and collaboration, empowering team members to take ownership of their roles and contribute to the company’s success. Sudhir's commitment to social responsibility is also noteworthy. During the COVID-19 pandemic, BJR Group undertook several initiatives to support those in need, reflecting his strong belief in giving back to the community. Qualities Attribute to Success as CEO of BJR Group Sudhir emphasizes that his success as CEO stems from a combination of strategic foresight, problem-solving capabilities, and the ability to make quick, effective decisions. With over thirty-five years of domestic & International experience in the diverse industries such as paint, tires, batteries, commercial & passenger vehicles, two wheelers and the financial sector, he has honed his skills in navigating complex challenges. His adaptability has allowed him to transition seamlessly across various roles and sectors, providing him with a unique perspective on business management. Sudhir believes that these attributes enable him to devise innovative strategies that consistently transform underperforming organizations into profitable ventures.
His leadership style is deeply rooted in motivation and team collaboration. By fostering an environment where hard work is acknowledged and rewarded, he cultivates positivity among team members, which not only boosts morale but also enhances overall productivity. Sudhir’s strategic approach, characterized by detailed planning and execution, has proven to be effective in turning businesses around, making him a sought-after leader in the corporate world. Business Growth during Tenure in Africa During his tenure in East Africa which is supposed to be the most difficult terrains to work, Sudhir faced substantial challenges but turned them into opportunities for growth through his strategic vision and motivational leadership. He strongly believes in empowering his team with trust which will deliver positive results. Initially, the business was limited to one city, but Sudhir implemented a series of strategies that allowed the company to expand into multiple markets to double its business turnover. His focus on outlet expansions, market penetration, and consumer pull activities enabled the business to double its market presence & share. Sudhir attributes this success to frequent interactions with his team, where problem analysis and quick decision-making were prioritized. This approach fostered a cohesive and motivated team, ready to tackle any challenge that arose. By creating a collaborative culture and shared goals, he was able to align his team’s efforts with the company's vision, driving sustained growth. Furthermore, Sudhir’s commitment to acknowledging and rewarding hard work among his employees established a positive work environment that fueled further expansions. His ability to motivate and inspire his team played a critical role in overcoming obstacles and achieving remarkable success in the African market. Future Trends for the Automobile Industry Sudhir recognizes that the future of the automobile industry will be significantly shaped by the rise of electric vehicles (EVs) demand. As a forward-thinking leader, he understands the importance of adapting to these emerging trends to remain competitive. To prepare for this shift, BJR Group is implementing strategies to upgrade its showrooms and service facilities, ensuring they are
“
Our success stems from a combination of strategic foresight, problem-solving capabilities, and the ability to make quick, effective decisions.
“
equipped with a qualified workforce capable of handling the complexities associated with electric vehicles. Sudhir believes that this proactive approach will position BJR Group at the forefront of the electric vehicle market as it gains momentum. Additionally, he is focused on aligning both short-term and long-term strategies through aggressive incentive schemes and consumer programs that differentiate BJR Group from its competitors. By anticipating market changes and investing in relevant infrastructure and training, Sudhir aims to not only meet the challenges posed by the evolving landscape but also capitalize on the growing demand for electric vehicles. His vision for the future reflects a commitment to sustainability and innovation, ensuring that BJR Group remains a leader in the industry. Advice for Early-career Professionals in the Automotive Field Sudhir advises early-career professionals in the automotive field to be prepared for challenges and to thrive in pressured environments. He emphasizes the importance of resilience and a problem-solving mindset as foundational qualities for growth and success. Instead of avoiding difficulties, Sudhir encourages individuals to analyze situations and confront challenges head-on. He believes that adopting this proactive approach will empower professionals to navigate the complexities of their roles effectively. Under his leadership, BJR Group has made strides not only in profitability but also in promoting sustainability. During the COVID-19 pandemic, for instance, the company took significant steps to support the less fortunate through donations of food, clothing, and medicines. This commitment to social responsibility reflects a broader vision that encompasses both business success and environmental stewardship.
“
In our commitment to social responsibility, we undertook several initiatives to support those in need, reflecting our strong belief in giving back to the community.
“
Sudhir’s perspective on embracing challenges and fostering a collaborative, innovative work environment instils a culture of growth and adaptability within BJR Group, positioning it well for the future in an ever-evolving automotive landscape. Implementation of Inclusive Management Practices at BJR Group Sudhir implements inclusive management practices at BJR Group by actively engaging team members in the decisionmaking process and encouraging open communication about new ideas. He believes that involving employees in management activities fosters a sense of ownership and accountability among team members. This collaborative approach not only enhances individual creativity but also promotes teamwork, driving the company towards greater success. By valuing the contributions of all employees, Sudhir cultivates an innovative atmosphere where diverse perspectives are welcomed and considered. This inclusivity leads to more effective problem-solving and adaptability within the organization, allowing BJR Group to respond swiftly to market changes. Sudhir’s focus on empowering his team ensures that they feel motivated and invested in the company's objectives, reinforcing a culture of cooperation. As a result, BJR Group is not only able to navigate challenges but also capitalize on opportunities for growth and innovation, illustrating how inclusive management practices can be a key driver of organizational success in a competitive industry. Short-term and Long-term Goals for BJR Group Sudhir has clearly defined short-term and long-term goals for BJR Group to ensure its competitive edge in the evolving market. In the short term, his primary focus is on multiplying turnover and profitability, a strategy that he believes is essential for establishing a strong financial foundation. In the long term, Sudhir aims to enhance the company’s expansion efforts, particularly towards exports and acquiring new businesses to diversify BJR Group’s portfolio. He envisions a robust growth trajectory over the next five years, driven by these strategic initiatives.
Sudhir is confident that business expansion through exports and the addition of new sectors will significantly contribute to the company’s success. His forward-looking perspective emphasizes proactive planning and strategic decision-making as vital components for sustainable growth. By instilling a culture of motivational leadership and agility, Sudhir ensures that BJR Group is well-prepared to adapt to market demands and capitalize on new opportunities. This strategic vision not only positions BJR Group for immediate success but also lays the groundwork for long-term prosperity in the automotive industry.
The Innovators Redefining Industry
R
apid technological development, sweeping changes in consumer behaviour, and huge pressures on sustainability change the business landscape day in and day out. Innovators, a new species of entrepreneurs, are at the forefront of change-making in this process: they define new industries and shape future commerce. These visionaries, often referred to as the "Business Titans of Tomorrow," use technological advancements, creative thinking, and a global perspective to redefine standards of success. Their influence affects every industry: from technology and healthcare to finance, retail, and more. Tapping on the Power of Technology The business titans of tomorrow are those who are able to take technology as a catalyst. Innovations in AI, machine learning, blockchain, and big data-through these constitutes not just buzzwords but tools which the leaders use for disruption in dominated industries and engineering new markets-and end. For instance, AI and machine learning transform the paradigm in healthcare, finance, and manufacturing industries with automation of specific tasks, prediction of trend lines, and the ability to improve decisions. Healthcare start-ups use artificial intelligence for better diagnostics and personalization of treatments, as well as optimizing the management of hospitals. In finance, fintechs are able to give their customers the best experience through application of AI to streamline the undertaking of their operations and detect fraud. For example, fintech firms have transformed the entire world of banking with digital payment solutions, mobile banking, and blockchain-based services. Accessibility and convenience that these services are offering to the consumers not only attract them to use such services but
Oct, 2024
(14)
www.ciolookindia.com
Business Titans of Tomorrow Oct, 2024 Oct, 2024
(15) (15)
www.ciolookindia.com
compel traditional banks as well to rethink their models. The blockchain technology has left the niche that it was a subject of some time in the past and is viewed today as an extremely important tool for making industrial processes transparent and secure especially when we talk about finance and supply chain management. Innovators are redefining industries with decentralized applications of blockchain to drive change. Thus, the nature of these technological advancements is democratizing industries so that new players can compete with the established giants. By using emerging tech, today's business titans are in a position to offer faster, more efficient, and even more cost-effective solutions that meet the demands of a technologically savvy global audience. Sustainability as Core Business Strategy This is against the backdrop of growing concerns worldwide over climate change, environmental degradation, and resource scarcity. Today's business leaders are putting sustainability directly at the heart of their strategy. Tomorrow's innovators will understand that future success no longer lies solely in achieving performance in financials but also in operating responsibly while minimizing environmental footprints. Sustainability has grown from a simple form of CSR initiative to today representing something independent that forces change and can be seen as innovation on its own. Tesla fundamentally shifted the auto industry by making electric vehicles mainstream and pushing the advancement of battery technology. The industry picked up this wave, creating ripples in traditional car manufacturers to pick up the pace of their electric vehicle initiatives. The innovators are looking past energy and toward the next shift in the food industry, with sustainable practices including lab-grown meat, plant-based replacements, and also precision agriculture, which is zero-waste and optimizes resource use. Fashion group entrepreneurs will push the fast-fashion paradigm with recycled material and sustainable production methods. Now, it is getting more momentum since many companies adopted the resource reuse, recycling, and waste minimization concepts behind their models. As such, these leaders are integrating sustainability into their core business models while helping protect the environment plus positioning themselves as pioneers in new economy.
Oct, 2024
(16)
Disruption through Agility and Innovation Business leaders of tomorrow are disruptors. They do not want to preserve the status quo but are agile and flexible. Take all industry challenges as opportunities for innovation. Rising e-commerce platforms, working remotely, and getting customized services-they are first movers in responding to all that's happening in the space and even shaping up consumer needs for new things. Consider the retailing industry as an example. The impact of e-commerce in this industry has been nothing short of revolution. Be it consumers' expectation for the speed and convenience coupled with seamless online experience or that the brick-and-mortar retailers had to adapt themselves, innovators like Amazon in the space could change the face of shopping by predicting consumer behaviour through data-driven insights and allow for personalized recommendations. Just as the COVID-19 pandemic has aggressively moved forward the trend of remote work, forward-thinking companies like Zoom, Slack, and Microsoft Teams have become imperishable tools for business around the world. This, in turn, creates more opportunities for collaboration, productivity, and work-life balance, giving businesses an opportunity to rethink their workplace strategy. Such innovations as start-ups and scale-ups, that are thriving in this new environment, easily change tack, come up with innovative solutions, and constantly evolve their offerings to be ahead in the market. Agility is now one of the defining characteristics of these titans of tomorrow, which enables them to disrupt entire markets while creating new value propositions. Roadmap Ahead The business leaders of tomorrow will be innovators in a new sense of the word: those who exploit technology, who practice sustainability, and who create customer-centric experience. They are changing industries, overthrowing existing models, and paving the future toward one that is more agile, inclusive, and sustainable. They're industry visionaries: speed, sustainability, and leadership-driving business success and actually redefine the business and industry itself. When more barriers are broken down, no doubt, the world will witness more revolutionary changes, and these business titans will be leading the way.
www.ciolookindia.com
Top Top Iconic IconicBusiness BusinessLeaders Leaders to Watch to Watch in 2024 in 2024
Revolutionizing Banking:
Avinash Shende and Sachin Pande’s Visionary Journey of Virtual Galaxy Infotech Limited
F
ounded by visionary leaders who are passionate about transforming the banking landscape, leading technology firms are bound to emerge as pioneers in providing cutting-edge solutions for the financial sector.
Co-founders and director’s Avinash Shende and Sachin Pande have been at the helm of this transformation, guiding Virtual Galaxy Infotech Limited with their innovative approach and deep understanding of the industry’s evolving needs. Since its inception, the company has focused on delivering state-of-the-art, AI-powered core banking and digital payment solutions, helping financial institutions, particularly in underserved markets, modernize their operations. In an exclusive interview, Avinash and Sachin share insights into their journey, their commitment to technological advancements, and their vision for driving future growth in the rapidly digitalizing banking sector. As co-leaders, Avinash and Sachin built a company that prioritizes customer-centric solutions, offering cutting-edge products like E-Banker, an AI-powered core banking solution, and V-Pay, a digital payment platform. Their unique approach of blending technology with purposedriven innovation has set them apart and established them as industry leaders.
Avinash Shende Chairman & Executive Director Virtual Galaxy Infotech Limited
“
What truly sets VGIL apart is its ability to provide end-to-end solutions - from core banking to digital payments with V-Pay, and from ERP solutions to egovernance systems; we offer a complete ecosystem of banking technology.
“
Sachin Pande, Managing Director & CTO Virtual Galaxy Infotech Limited Looking ahead, they envision a future where AI, blockchain, and cloud computing play a pivotal role in further transforming the banking sector. With plans to expand their reach internationally, they aspire to make banking more accessible for underbanked populations while contributing to financial inclusion and economic growth in India.
The Success Philosophy
Beginning of a Tech Journey
Sachin explained that their guiding philosophy has always been "Innovation with Purpose". They believe that technology should not merely focus on creating something new but rather on solving real problems and adding tangible value to their clients' operations. This philosophy has driven them to continuously innovate and adapt their solutions to meet the evolving needs of the banking sector.
Avinash recounted that their journey began in 1995 in Nagpur, India. He and Sachin, as first-generation entrepreneurs, were driven by a shared passion for technology and a vision to revolutionize banking through innovative solutions. They identified a gap in the market, particularly in the cooperative banking sector, which was underserved by existing technology providers.
Avinash added that their commitment to customer-centricity has been crucial to their success. He highlighted that they don't just sell products; they build partnerships. They invest time in understanding each client's unique challenges and tailoring their solutions accordingly. This approach has fostered long-lasting relationships and established a reputation for reliability within the industry.
Sachin affirmed this perspective, noting that they started with nothing but their engineering degrees and a dream to make a difference. He emphasized that the banking sector was on the cusp of a digital revolution, and they aspired to be at the forefront of that change. Their motivation was clear: to create technology solutions that could empower financial institutions, especially in tier-2 and tier-3 cities, enabling them to compete on a global scale.
A Transformational Enterprise
Oct, 2024
(19)
Avinash highlighted that their unique selling propositions (USPs) stem from a comprehensive and integrated product suite. Their flagship product, E-Banker, is an AI-based Intelligent Core Banking Solution that supports both corporate and retail banking automation.
www.ciolookindia.com
It's a fully web-based, real-time, and centralized system that ensures regulatory compliance while efficiently managing banking operations.
customer service. Features like real-time transaction processing and multi-channel support enhance both operational efficiency for banks and service delivery for their customers.
Sachin emphasized that what truly sets VGIL apart is its ability to provide end-to-end solutions. From core banking to digital payments with V-Pay and from ERP solutions to e-governance systems, they offer a complete ecosystem of technology. Their solutions are highly flexible and scalable, making them suitable for institutions of all sizes, from small cooperative banks to large commercial banks.
Sachin added that they invest heavily in user experience design, ensuring that their products are not only functionally robust but also user-friendly. VGIL regularly gathers feedback from end-users and integrates it into the product development cycle, ensuring solutions that are both efficient and intuitive to use.
The Trustworthy Leaders
Digital Advancements
Sachin explained that their leadership approach is rooted in trust and empowerment. They believe in nurturing talent and giving team members the freedom to innovate. He mentioned that VGIL has fostered a flat organizational structure that encourages open communication and ideasharing across all levels.
Sachin emphasized that digitalization is central to everything VGIL does. They continuously explore and integrate emerging technologies such as AI, machine learning, blockchain, and cloud computing into their solutions. For example, E-Banker employs AI for predictive analysis and fraud detection, enhancing both the security and operational efficiency of banking systems.
Avinash added that they place a strong emphasis on continuous learning. In an industry that evolves rapidly, they ensure their team stays ahead through regular training programs and skill development opportunities. Their leadership style is about setting a vision and empowering the team to bring that vision to life.
Avinash added that VGIL actively contributes to the broader digital transformation of the banking sector. Their V-Pay digital payment solution enables banks and financial institutions to offer seamless digital payment services. He emphasized that VGIL isn't just adapting to the digital future; they are actively shaping it.
Balancing Two Interconnected Elements Fostering an Empowering Culture Avinash stated that they view operational efficiency and customer satisfaction as two interconnected elements. Their solutions, such as E-Banker, are designed to streamline banking operations, which naturally leads to improved
Oct, 2024
(20)
Avinash highlighted that VGIL’s employees are its greatest asset, and the company invests heavily in their growth and development. VGIL offers a comprehensive training
www.ciolookindia.com
program that covers both technical and soft skills. It also encourages team members to pursue certifications and higher education, often sponsoring these initiatives. Sachin shared that VGIL fosters a culture of innovation and ownership. They regularly host hackathons and innovation challenges where employees can pitch and develop new ideas, many of which have been integrated into their products. Additionally, they have a strong mentorship program, pairing junior employees with senior leaders to encourage growth and knowledge transfer. The Team's Resilience and Ingenuity
technology innovation. They are particularly excited about the potential of AI and blockchain in revolutionizing banking operations. Additionally, VGIL is looking to expand its international presence, with a focus on Africa and the Asia Pacific region. Avinash emphasized their aspiration to play a pivotal role in India's financial inclusion journey. VGIL is developing solutions specifically tailored for rural and underbanked populations. By making banking more accessible and efficient, they aim to contribute to the broader economic development of the country. Their goal is not just to grow as a company but to be a catalyst for positive change in the banking sector and beyond.
Sachin recalled a significant challenge during the early days of the COVID-19 pandemic. With lockdowns in place, many client banks needed to transition to remote operations quickly. VGIL’s team worked tirelessly to enhance their solutions with remote access capabilities and additional security features. Avinash noted that they not only supported their existing clients during this transition but also onboarded several new clients who urgently needed digital banking solutions. This period tested the team’s resilience and showcased their ability to innovate rapidly and adapt to unforeseen challenges. Making an Impact on India's Transformational Future Landscape Sachin shared that VGIL’s vision for 2024 and beyond is to remain at the forefront of the next wave of banking
Oct, 2024
(21)
www.ciolookindia.com
SUBSCRIBE
TODAY
Stay in the known. Subscribe to CIOLOOKINDIA Get CIOLOOKINDIA Magazine in print and digital on www.ciolookindia.com
LOOK INDIA
The
Visionaries
Unleashing
of 2024 the Power of
Innovation
Oct, 2024
(24)
www.ciolookindia.com
The Leaders Shaping the Future
Oct, 2024
(25)
www.ciolookindia.com
A
s the moments of 2024 swirl past, we observe that the leadership landscape is in a continuous churn. The world we are immersed in is in constantly fluctuating weather. But it's the dynamics of this change that have been substantially led by some leaders not because of what they have accomplished but because of how they think and the manner in which they lead. And visionaries who see that innovation is not new technology but a mindset, a culture, and a team that thrives on creativity, adaptability, and relentless curiosity. The 2024 Visionaries: Who Are They? Let's accept that leadership is more than sitting in a boardroom and making decisions. Today's leaders are curious in every way-they don't just navigate the horizon; they redesign while holding their gaze on it. Who are they? These trailblazers include people with questions about the status quo, asking their peers that eternal question: "What if? "Why not?" They lead with empathy and inspire not by being on top but by lifting everyone else up with them. For 2024, these leaders are reinventing the definition of success: having innovative power at their fingertips——not just as a tool but as a deep part of their DNA. These are the CEOs, entrepreneurs, and game-changers who welcome change not just into their lives but seek it out and shape it to ignite fuel in their vision. Because innovation is a team sport; hence, they are good at rallying the people and teams around them for new ideas and untrodden territories. You, Me, and Us: Leading Together But how do all those things affect us? As we are, in whatever form, all leaders at one point or the other. You might be managing a team, leading a company, or navigating the challenges of everyday life. Whatever the case might be, leadership is a resource that we tap into. And in this context, the visionaries know it all too well, for they lead in that sense: they do not talk about hoarding the limelight; they are about sharing it. Think of collaborative leadership. The old world in which leaders closed their doors and commanded from above is gone. The modern visionary leader is open, accessible, and available for dialogue on the issue of the well-being of one's employees. They know they will find innovation when everyone who is part of the process feels appreciated and
Oct, 2024
(26)
heard. We all—you, me, and the person beside us—play a role in determining our collective future. I find it fascinating and interesting how leaders in 2024 are positioning themselves from being that "expert in everything" into the "facilitator of genius." They feel perfectly okay with not knowing it all; they unlock teams' intelligence. They are good listeners, and they generate environments that could create creativity. They would encourage experimentation, not because failure isn't an option, but because they know innovation often comes from trying, failing, learning, and trying again. Innovation Is Their Playground—and Ours, Too Innovation is not just a buzzword; it's their playground. And the good news is that we're invited to join in on the fun. What's their secret sauce? For starters, they do not fear failure. Welcome even failure, knowing every stumble is a step closer to something better. It's like playing a game of chess-you sacrifice a pawn to get into the game. They know that trying and failing is part of the game; therefore, they motivate their team to take risks and think big. They work in an atmosphere where people aren't afraid to pitch that crazy idea because they know their leader has their back. That is the type of atmosphere that these visionaries create around them. Innovation isn't just tolerated but ought to occur; they know that in order to be ahead, they have to evolve continuously, and the only way to do that is to keep pushing the boundaries. The Power of Purpose Another thing that distinguishes these leaders is that they lead on purpose. It is not just about the bottom line. Sure, it's important to make a profit, but it is not the only thing. The visionaries of 2024 are motivated by a higher calling. Either to fight global warming, social justice, or transform healthcare, they feel a deeper sense of obligation to make this world better than it is. And that is where the real strength lies in these leaders. That's when leaders can't be beaten because they have something to believe in. When people are winning, their leader has a reason and vision, and they attract people with similar values who are willing to put in that little bit extra to help bring their vision about. The feeling of purpose galvanizes innovation by providing an added sense of something to which they can drive. No longer does it just hit quarterly targets; it has to make a real difference.
www.ciolookindia.com
Laugh, Innovate, Repeat Do you know what else visionary leaders understand? Humour is important. Yeah, you read that right. Innovation does not necessarily have to be a serious business, either. Quite the contrary, some of the most creative breakthroughs occur when we are allowed to let loose and have a little bit of fun. A leader who can use a bit of humour in his working environment creates an openness for people to be able to take risks and just be themselves. And when you are laughing, you're probably a little more open-minded at the same time. So, be it brainstorming, which degenerates into a joketelling competition or a team meeting where all the wildest, most imaginative ideas go flying in, and so on, these leaders understand creativity develops when people are relaxed, happy, and-yes-laughing.
Oct, 2024
(27)
www.ciolookindia.com
SunilCasala Delivering Personalized Modern Staffice Global HR Solutions to All
unil Casala, the Director and Business Head of Staffice Global Private Limited has mastered the art of delivering the most admired human resource solutions. His approach is driven by a guiding philosophy that emphasizes HR solutions must be intelligent, personalized, and accessible to all.
S
engagement, talent acquisition, and overall organizational performance, he was motivated to innovate and provide cutting-edge solutions in this space. Sunil further explains that HR practices significantly impact employee satisfaction, retention, and productivity, and this understanding propelled his passion for redefining the field.
“Our mission is to empower organizations and their employees by utilizing cutting-edge technology and expert insights to drive growth, productivity, and well-being. Our approach is built on the following core values:”
According to Sunil, the human resource landscape is constantly evolving, especially in today’s dynamic business environment. To stay ahead of industry trends and offer innovative solutions, Staffice Global employs several key strategies:
“Personalization: Every organization and employee is unique, and our solutions are tailored to meet their specific needs and objectives.” “Innovation: We consistently invest in research and development to stay at the forefront of the HR industry, offering our clients the most advanced solutions.” “Accessibility: Our belief is that HR solutions should be within the reach of organizations of any size and industry, irrespective of their budget or technical capabilities.” “Ethics: We are dedicated to maintaining the highest ethical standards in everything we do, from data privacy and security to inclusive hiring practices,” says Sunil. The Impetus Sunil’s inspiration to venture into the dynamic world of HR arose from his understanding of the pivotal role that human resources play in shaping the success of organizations. Realizing that effective HR management drives employee
Oct, 2024
(28)
Continuous Environmental Scanning One primary method for maintaining adaptability and staying ahead of industry trends is continuous environmental scanning. This involves regularly monitoring external factors such as industry shifts, economic changes, technological advancements, and regulatory updates. By staying updated on these factors, Sunil and his expert team at Staffice Global can anticipate changes in client needs and preferences, enabling the development of innovative solutions that are always ahead of the curve. Embracing Technology and Automation The rapid advancements in technology have had a transformative impact on HR management. Staffice Global stays innovative by integrating cutting-edge technology and automation into its practices. This includes leveraging artificial intelligence for talent acquisition, using data analytics for workforce planning, and adopting digital platforms for employee engagement and performance management. These technological innovations streamline
www.ciolookindia.com
Top Iconic Business Leaders to Watch in 2024
SunilCasala SunilCasala SunilCasala SunilCasala We are dedicated to empowering businesses and individuals in India by providing them with unparalleled access to valuable insights, trends, and data-driven HR solutions.
Sunil Casala
Director and Business Head
Staffice Global Private Limited
SunilCasala SunilCasala SunilCasala Oct, 2024
(29)
www.ciolookindia.com
HR processes, enhance decision-making, and allow Staffice Global to deliver creative solutions to its clients.
Open communication is key to building trust and fostering a sense of involvement.
Agile Organizational Structure
Empowerment and Trust: Sunil is a strong advocate for empowering his team members by entrusting them with responsibility and accountability. He delegates decisionmaking authority within areas of expertise, fostering individual growth and a sense of ownership in the company’s success.
An agile organizational structure is essential for fostering adaptability and innovation in HR. Staffice Global promotes cross-functional teams, encourages collaboration and experimentation, and empowers employees to share ideas for continuous improvement. By breaking down silos and fostering a flexible structure, the company is better able to respond to industry trends and client demands, driving innovation in HR solutions. Investing in Employee Development Remaining innovative requires continuous investment in employee development. At Staffice Global, ongoing learning and skill development are prioritized through training programs, mentorship opportunities, and career development initiatives. This ensures that the team remains at the forefront of industry trends and is equipped to deliver state-of-the-art solutions to clients. Client-Centric Approach Maintaining a client-centric approach is vital for driving innovation. By actively seeking client feedback, understanding their evolving needs, and aligning HR strategies with client goals, Staffice Global ensures it delivers maximum value. “Our customer-focused mindset continuously drives innovation and improvement in HR practices,” says Sunil, whose leadership style is recognized as a key force behind the company’s success. Leader’s League Sunil's leadership and team-building approach revolves around fostering a culture of collaboration, empowerment, and continuous growth. “I believe in leading by example and creating an environment where every team member feels valued, motivated, and inspired to contribute their best.” He highlights several key aspects of his leadership approach: Vision and Communication: Sunil places great importance on setting a clear vision for the organization and ensuring that it is effectively communicated to his team. He believes that when team members understand the organization’s goals, they can better align their efforts to achieve them.
Oct, 2024
(30)
Collaborative Environment: Collaboration is central to effective teamwork, and Sunil encourages an open-door policy where ideas are welcome, diverse perspectives are valued, and feedback is constructive. “By fostering collaboration, we leverage the collective intelligence of the team to drive innovation,” he says. Recognition and Support: Sunil understands the importance of recognizing the contributions of his team. Acknowledging individual and team achievements is vital for morale and motivation. He also provides mentorship and resources to ensure his team can thrive and grow. Adaptability and Resilience: In today’s ever-changing business landscape, adaptability is essential. Sunil leads by example, embracing change and fostering a resilient mindset. This approach encourages the team to see challenges as opportunities for growth. Team Conquests As a leader in India’s HR sector, Staffice Global has overcome numerous challenges. Sunil recalls, “One memorable instance was when we were tasked with implementing a new performance management system for one of our clients.” The project was complex, with many stakeholders, tight deadlines, and a large employee base to manage. Despite their best efforts, challenges arose, including unclear client expectations, which led to misunderstandings and delays. Additionally, the client’s internal processes were underdeveloped, making seamless integration of the new system difficult. Some employees resisted the changes, concerned about the impact on their job roles. Nevertheless, Staffice Global’s perseverance paid off. Sunil and his team held workshops and meetings to clarify expectations and tailor the solution to fit the client’s needs. They established clear communication channels and worked collaboratively, ultimately delivering a successful project on time and within budget.
www.ciolookindia.com
The Social Trace In today’s rapidly evolving work environment, Staffice Global recognizes the importance of modern HR practices that address both the physical and psychological well-being of employees. Sunil believes that organizations must go beyond traditional approaches to support holistic employee health. Employee Health Programs: Staffice Global has implemented comprehensive health programs that offer access to fitness facilities, wellness resources, and health screenings, as well as workshops on stress management and healthy living. Mental Health Support: The company also emphasizes mental health, offering confidential counselling services and training managers to support their teams effectively. Flexible Work Arrangements: Staffice Global has embraced flexible work arrangements, such as remote work and flexible hours, to promote work-life balance and reduce stress. Workplace Culture: Staffice Global fosters an inclusive and collaborative workplace culture, ensuring employees feel valued and supported. Seeing Afar Staffice Global envisions a future where it remains a leader in HR innovation, leveraging AI technology to transform the industry. The company plans to expand its AI-powered search engine, further revolutionizing HR processes for businesses of all sizes. Sunil concludes, “We are dedicated to empowering businesses and individuals in India by providing them with unparalleled access to valuable insights, trends, and datadriven HR solutions.” Staffice Global's goal is to drive growth and success for businesses while creating career advancement opportunities for individuals across India.
Oct, 2024
(31)
www.ciolookindia.com
Success is the progressive realization of a worthy goal or ideal. - Earl Nightingale
LOOK INDIA
www.ciolookindia.com
