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India Inc gathers to navigate next phase of ‘Growth’ - Ernst & Young - India

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India Inc gathers to navigate next phase of ‘Growth’

Business leaders of fast-growth companies from India and across the world gathered in Mumbai for two days to address the specific needs and challenges of fast-growth companies as they navigate through their next phase of growth

Mumbai, 11 June 2011 – At Ernst & Young’s first Strategic Growth Forum-India, the founders & CEOs of fast-growth companies came together at The Westin, Mumbai on 10th & 11th June 2011 to discuss what it takes to become the market leaders of tomorrow. The two day conference included sessions that are of particular relevance to fast-growth companies and their leaders - M&A, funding options for growth like PE & IPO, working capital management for sustaining success, business transformation, harnessing talent, balancing corporate vision with social responsibility, technology innovations.

In Ernst & Young’s latest report- Competing for Growth, over 1,000 companies were interviewed from across the world and the study showed that successful players — the top quartile in both revenue and EBITDA growth – have focused on executing four drivers of competitive success: customer reach, operational agility, cost competitiveness and stakeholder confidence. The panel sessions provided practical insights into what successful companies are doing and offer guidance on how they are achieving success.

Ernst and Young deeply value the role of entrepreneurs in the economy, and entrepreneurship has been identified as one of the key differentiating themes for our global organization. We have consistently supported the world’s most entrepreneurial, innovation-oriented companies. The Strategic Growth Forum – India is another such initiative that embodies our commitment to foster the spirit of entrepreneurship‖ said Farokh Balsara, Partner and National Leader, Markets, Ernst and Young.

International speakers like: Gary Kirsten, former cricketer & Coach of the World Cup winning Indian cricket team threw light on coaching skills to build a winning team and a thoughtful manner in which he assessed players, Robert Tucker, President, The Innovation Resource discussed on Entrepreneurship & Innovation, Kellie A McElhaney, Faculty Director, University of Berkeley who is an expert on building ’Responsible Businesses’ highlighted on balancing corporate vision with social responsibility

Other speakers and panelists at the prestigious gathering of high-growth companies included CEOs and founders, such as Tulsi Tanti, Chairman & MD, Suzlon Energy, Sudhir Trehan, MD& CEO, Crompton Greaves, Renuka Ramnath, MD&CEO, MAAS, Romesh Sobti,MD&CEO, IndusIand Bank, Meher Pudumjee, Chairperson, Thermax, Om.P Manchanda, CEO, Dr.Lal Path Labs, Sumant Sinha, Promoter, ReNew Power, Peter Gartenberg, MD, SAP India, Devdutt Patnaik, Chief Belief Officer, Future Group.
The event was also attended by over 50 founders and CEOs from Ireland.

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Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 144,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Ernst & Young Pvt. Ltd. is one of the Indian client serving member firms of EYGM Limited. For more information about our organization, please visit www.ey.com

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