◄ Kumar Mangalam Birla ►

Quotes

Being a conglomerate, each of our businesses has a different challenge; business landscape is different for each business. It makes it challenging as well as exciting.

First create jobs, and then provide skills to people.

I don't think the western world is questioning capitalism. Capitalism as a concept is not something that society has written off. But today, there is degree of caution around capitalism. We believe in compassionate capitalism. Growth for growth's sake can never be an end in itself.

I think a leader has many roles to play. So, you know, one role is that of incubating talent; the other is that of being a strategist. It's a very interesting job I've got.

I was very fortunate, because I don't think many people get to spend time with their great-grandfathers. So, he passed away when I was 15, so I spent a lot of time with him. We lived together. He traveled a lot, but when he was here, we lived together.

In 1991, the government unleashed the power of India and created a partnership between itself and industry. As a result, India has emerged as an economic success story, and that is a matter of pride for all of us.

It's not a good idea to always look for new frontiers, especially when you have opportunities in your existing businesses, in your own backyard.

Jack Welch is someone who I have always admired. In India, Narayana Murthy is someone who I have great respect for.

My father taught us that to thrive, excellence in technology, quality, and customer service along with cost competitiveness is a prerequisite. His contribution to business, the economy, and society at large can never be underscored enough.

One feels very blessed to be born into a family like the Birla family, which is a household name in India, which stands for tradition, is yet contemporary, stands for trust.

The culture of caring and giving permeates many Indian families. In their own way, they are engaged in philanthropic pursuits.

The License Raj in India was a time when, to set up an industry, you needed a license. Which made the government an omnipresent and sort of all-pervasive authority.

The one important factor that keeps me going is the kind of people I work with.

The work environment is very important in determining how enjoyable work is. It is very important to work with smart guys who have a superior level of intellectual bandwidth and still have softer skills as well.

Very often, we think of leadership being at the very top of an organisation. I think what's unique about ABG is that we have a very strong cadre of leaders across the organisation who are highly empowered and therefore play a very major role in the growth and evolution of the organization.

Well, I think the golden rule I can think of is the fact that you must follow your passion and do something that's close to your heart. And I think that that's very important, well, to be successful and to be happy.

                                                                                                                                                                                                                                       

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