Day: December 26, 2024
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Kumar Mangalam Birla Says ₹1 Crore Isn’t Enough to Begin an Entrepreneurial Journey
In an exclusive interview, Kumar Mangalam Birla stated that ₹1 crore is insufficient for starting up a business in India. He advises up-and-coming entrepreneurs to adopt scalable models, seek partnerships, and understand the market dynamics for successful ventures. But, if you want to start a business with a capital of ₹1 crore, thinking you’ve got…
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CEO Says Bayer’s Shift to Self-Organization Has Reduced Attrition After a Year
Over a year ago, Bayer CE Bill Anderson took a daring step to revitalize his battered company, saying the following: “Fire managers and let employees self-govern.” This move was made against a backdrop of huge debt, nearing expiration of a prime patent, and an endless legal battle over a disastrous acquisition. After nearly 12 months,…