\"\"
<\/span><\/figcaption><\/figure>Mumbai: Business cycles<\/a> are shortening because of changes in technology and consumer preferences, and the Aditya Birla Group<\/a> has to grapple with the challenge of ensuring continuous reinvention, its Chairman Kumar Mangalam Birla<\/a> said on Tuesday. Birla, who heads the diversified USD 60 billion conglomerate having interests in metals to telecom<\/a>, also touched upon the proliferation of startups in the business landscape, saying there are no shortcuts to business building and made it clear that there exists a thin line between \"hustle and hubris\".

\"Changes in technology, and evolving consumer needs, are creating ever shorter business cycles. For a group like ours, a unique challenge is to harness the trust and stability that comes from longevity, while ensuring that we can continuously reinvent ourselves,\" Birla said.

In his New Year note, Birla cited the example of the sequel to over three-decade old movie Top Gun that grossed USD 1 billion within a month of its release in 2022, to drive home the point about reinvention and building for the future.

He said companies across corporate India will be asked \"pressing questions regarding their own futures\", the unique formula they possess to harness \"historic moats formed by brand power, distribution might, or technology prowess\" with a forward-looking product pipeline, consumer relevance and an agile, young workforce.

They will also be asked about their bets to translate the short-term fads into sustainable advantage, he said, admitting that he does not have the answers to all these questions.

The Aditya Birla Group is relying on some experiments and a purpose statement was adopted in 2022 to take on these questions, he said.

Birla welcomed the \"explosion of new business building\" on the back of capital availability and young talent, but also flagged some concerns.

\"There is much to be celebrated and learnt from the raw energy and hustle of many of these new ventures in the startup ecosystem. At the same time, it's also increasingly clear that there is a thin line between hustle and hubris,\" he said.

One needs to build good teams and be unafraid to get new talent, create a culture where values matter more than slogans, own the offensive moves and have the core metrics of operating profits, gross margins, and cash flows in mind to balance between the two, he added.

Asking entrepreneurs to build for the long haul, he said, \"Unfortunately, there have been one too many examples recently of teams that have embraced shortcuts. Where compromises have been made in the interest of growth. And where alarms are set off too late.\"

He said the group companies are also investing in green energy, the circular economy and sustainable materials, in line with the bold bets in energy transition done by the country.

He said India is a \"
clear choice<\/a>\" for global corporations as they start to look at options in Asia as part of their \"China+1<\/a>\" strategies.

\"Think of a country that combines economic might, a large working age population, demographic dynamism, entrepreneurial energy, robust democracy and diversity. Add to this a pivotal position in current global geopolitics. That country is India,\" he said.<\/body>","next_sibling":[{"msid":97278568,"title":"Meta introduces more features to end-to-end encrypted Messenger app","entity_type":"ARTICLE","link":"\/news\/meta-introduces-more-features-to-end-to-end-encrypted-messenger-app\/97278568","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":97278848,"entity_type":"ARTICLE","title":"Biz cycles shortening, ensuring continuous reinvention a challenge before Aditya Birla Group: KM Birla","synopsis":"\"Changes in technology, and evolving consumer needs, are creating ever shorter business cycles. For a group like ours, a unique challenge is to harness the trust and stability that comes from longevity, while ensuring that we can continuously reinvent ourselves,\" Birla said.","titleseo":"telecomnews\/biz-cycles-shortening-ensuring-continuous-reinvention-a-challenge-before-aditya-birla-group-km-birla","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":220,"shares":0,"engagementtimems":878000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2023-01-24 15:58:47","lastupd":"2023-01-24 16:03:08","breadcrumbTags":["aditya birla group","birla","Business cycles","telecom","China+1","clear choice","industry"],"secinfo":{"seolocation":"telecomnews\/biz-cycles-shortening-ensuring-continuous-reinvention-a-challenge-before-aditya-birla-group-km-birla"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2023-01-24" data-index="article_1">

商业周期缩短,确保连续再造一个挑战之前Aditya Birla组:公里贝拉

“技术和不断变化的消费者需求的变化,创造商业周期短。对于像我们这样的一群,一个独特的挑战是利用来自长寿的信任和稳定,同时确保我们可以不断地改造自己,”贝拉说。

  • 更新2023年1月24日,下午04:03坚持
阅读: 100年行业专业人士
读者的形象读到100年行业专业人士
孟买:商业周期缩短,因为技术和消费者偏好的变化,以及Aditya Birla集团必须应对的挑战,确保连续的改造,其董事长Kumar Mangalam吗贝拉周二表示。贝拉,多元化的600亿美元集团公司负责人在金属的利益电信,也谈及创业公司在商业景观的扩散,说没有捷径商业建筑和明确表示,存在一个“喧嚣和傲慢”之间的细线。

“技术和不断变化的消费者需求的变化,创造商业周期短。对于像我们这样的一群,一个独特的挑战是利用来自长寿的信任和稳定,同时确保我们可以不断地改造自己,”贝拉说。

广告
贝拉在他的新年,引用的例子超过30年老电影续集壮志凌云,票房收入10亿美元在一个月内发布的2022年,开车回家的改造和建设未来。

他说公司在印度企业将被要求“紧迫的问题自己的未来”,他们拥有独特的公式利用“历史性的护城河形成的品牌力量,分布,或技术实力“前瞻性的产品线,消费者相关性和敏捷,年轻劳动力。

他们也将被问及短期时尚转化为可持续的优势,他说,承认他没有所有这些问题的答案。

Aditya Birla集团依靠一些实验和一个目的宣言在2022年被采纳以来承担这些问题,他说。

贝拉欢迎“新商业大楼的爆炸”的资本可用性和年轻人才,但也标记一些担忧。

”有很多庆祝和学会了从原始能源和喧嚣的许多新企业创业生态系统。与此同时,它也越来越明显,喧嚣和狂妄之间的细线,”他说。

需要建立良好的团队和不怕得到新的人才,营造一种文化,在这种文化中,值比口号,更重要的进攻行动和营业利润的核心指标,毛利率,和现金流平衡两者之间,他补充说。

广告
要求企业家建立长期的,他说:“不幸的是,已经有太多的一个例子的团队最近接受了快捷键。在妥协了的利益增长。和警报在哪里出发太晚了。”

他表示,该集团公司也投资于绿色能源、循环经济和可持续材料,符合所做的大胆押注在能源过渡的国家。

他说,印度是一个“明确的选择“对于跨国公司,因为他们开始看选项在亚洲的一部分”中国+ 1”策略。

“认为一个国家的经济实力相结合,大量的劳动年龄人口,人口活力,创业活力,强健的民主和多样性。再加上目前全球地缘政治的举足轻重的地位。那个国家是印度,”他说。
  • 发表在2023年1月24日,下午03:58坚持
是第一个发表评论。
现在评论

加入2 m +行业专业人士的社区

订阅我们的通讯最新见解与分析。乐动扑克

下载ETTelec乐动娱乐招聘om应用

  • 得到实时更新
  • 保存您最喜爱的文章
扫描下载应用程序
\"\"
<\/span><\/figcaption><\/figure>Mumbai: Business cycles<\/a> are shortening because of changes in technology and consumer preferences, and the Aditya Birla Group<\/a> has to grapple with the challenge of ensuring continuous reinvention, its Chairman Kumar Mangalam Birla<\/a> said on Tuesday. Birla, who heads the diversified USD 60 billion conglomerate having interests in metals to telecom<\/a>, also touched upon the proliferation of startups in the business landscape, saying there are no shortcuts to business building and made it clear that there exists a thin line between \"hustle and hubris\".

\"Changes in technology, and evolving consumer needs, are creating ever shorter business cycles. For a group like ours, a unique challenge is to harness the trust and stability that comes from longevity, while ensuring that we can continuously reinvent ourselves,\" Birla said.

In his New Year note, Birla cited the example of the sequel to over three-decade old movie Top Gun that grossed USD 1 billion within a month of its release in 2022, to drive home the point about reinvention and building for the future.

He said companies across corporate India will be asked \"pressing questions regarding their own futures\", the unique formula they possess to harness \"historic moats formed by brand power, distribution might, or technology prowess\" with a forward-looking product pipeline, consumer relevance and an agile, young workforce.

They will also be asked about their bets to translate the short-term fads into sustainable advantage, he said, admitting that he does not have the answers to all these questions.

The Aditya Birla Group is relying on some experiments and a purpose statement was adopted in 2022 to take on these questions, he said.

Birla welcomed the \"explosion of new business building\" on the back of capital availability and young talent, but also flagged some concerns.

\"There is much to be celebrated and learnt from the raw energy and hustle of many of these new ventures in the startup ecosystem. At the same time, it's also increasingly clear that there is a thin line between hustle and hubris,\" he said.

One needs to build good teams and be unafraid to get new talent, create a culture where values matter more than slogans, own the offensive moves and have the core metrics of operating profits, gross margins, and cash flows in mind to balance between the two, he added.

Asking entrepreneurs to build for the long haul, he said, \"Unfortunately, there have been one too many examples recently of teams that have embraced shortcuts. Where compromises have been made in the interest of growth. And where alarms are set off too late.\"

He said the group companies are also investing in green energy, the circular economy and sustainable materials, in line with the bold bets in energy transition done by the country.

He said India is a \"
clear choice<\/a>\" for global corporations as they start to look at options in Asia as part of their \"China+1<\/a>\" strategies.

\"Think of a country that combines economic might, a large working age population, demographic dynamism, entrepreneurial energy, robust democracy and diversity. Add to this a pivotal position in current global geopolitics. That country is India,\" he said.<\/body>","next_sibling":[{"msid":97278568,"title":"Meta introduces more features to end-to-end encrypted Messenger app","entity_type":"ARTICLE","link":"\/news\/meta-introduces-more-features-to-end-to-end-encrypted-messenger-app\/97278568","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":97278848,"entity_type":"ARTICLE","title":"Biz cycles shortening, ensuring continuous reinvention a challenge before Aditya Birla Group: KM Birla","synopsis":"\"Changes in technology, and evolving consumer needs, are creating ever shorter business cycles. For a group like ours, a unique challenge is to harness the trust and stability that comes from longevity, while ensuring that we can continuously reinvent ourselves,\" Birla said.","titleseo":"telecomnews\/biz-cycles-shortening-ensuring-continuous-reinvention-a-challenge-before-aditya-birla-group-km-birla","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":220,"shares":0,"engagementtimems":878000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2023-01-24 15:58:47","lastupd":"2023-01-24 16:03:08","breadcrumbTags":["aditya birla group","birla","Business cycles","telecom","China+1","clear choice","industry"],"secinfo":{"seolocation":"telecomnews\/biz-cycles-shortening-ensuring-continuous-reinvention-a-challenge-before-aditya-birla-group-km-birla"}}" data-news_link="//www.iser-br.com/news/biz-cycles-shortening-ensuring-continuous-reinvention-a-challenge-before-aditya-birla-group-km-birla/97278848">