ENTREPRENEURSHIP MANAGEMENT

INDIAN ENTREPRENEURS

SANJEEV BIKHCHANDANI
Sanjeev is Indias most successful internet entrepreneur. For close to a decade he struggled on the sidelines but never gave up on his Big idea. In 2006, naukri.com became the first dotcom to IPO on an Indian stock exchange. Sanjeev Bikhchandani (born 1964) is an Indian businessman, who is the founder and executive vice chairman of Naukri.com, a job portal. Mr. Sanjeev Bikhchandani serves as an Advisor of Four-S Services Pvt. Ltd. Mr. Bikhchandani worked in advertising at Lintas India Ltd. (now called Glaxo SmithKline) and in Marketing at SmithKline Beecham. He served as the Chief Executive Officer and Managing Director of Info Edge (India) Ltd., and its subsidiary, Naukri Internet Services Pvt. Ltd. until July 26, 2010. Mr. Bikhchandani co-founded of Info Edge (India) Ltd., in 1990. He served as an Editor of Avenues of the careers supplement of The Pioneer. He has been an Executive Vice Chairman of Info Edge (India) Ltd since July 26, 2010 and serves as its Director. He serves as a Director of Four-S Services Pvt. Ltd. Mr. Bikhchandani is a Member Editorial Advisory Board Encyclopedia Britannica India, students edition. He serves as a Member of Advisory Council at Centum Learning Limited. Mr. Bikhchandani serves as a Member of Board of Centre for Innovation Incubation and Entrepreneurship. He is visiting Faculty and Guest Lecturer at IIM Ahmadabad, IMT Ghaziabad, Times School of Marketing, and Delhi School of Communication in the Marketing area. He is a Member of the Board of Chintan. He won the Ernst and Young - Entrepreneur of the Year award in 2008 for Business Transformation. He also won the Dataquest Path breaker Award & the Teachers Achievement Award in 2008. He co-authored two books on job hunting and careers. Mr. Bikhchandani was educated at St. Columba's School. Mr. Bikhchandani earned B.A. (Hons.) Economics from St. Stephen's College and P.G.D.M. from Indian Institute of Management, Ahmadabad. He noticed that when an office copy of Business India came in, everybody used to read it from back to front. It had 35 to 40 pages of appointment ads in every issue. At that time Business India was the No.1 medium for appointment ads for managers. And people would openly talk about jobs that were available or slipping out of their hands. They discussed opportunities. Nobody was applying, nobody wanted to leave

because they were in a comfortable MNC job with good brands, good pay packages etc., but they used to talk about it. From these conversations he figured that even if you are not looking for a job, you look at a job. You are constantly looking for a new benchmark and checking if you are missing out on anything. Also, every week 2-3 head-hunters would call offering jobs. There must have been 100 headhunters out there and each of them probably had four to five clients. These jobs were never advertised because we never saw them in Business India or elsewhere. He figured, what is appearing in the newspapers is the tip of the iceberg. There is a massive market below the surface, highly fragmented and scattered across HR Departments and placement consultants. If somebody could aggregate it, it would be a powerful product where you could somehow make money. He knew this by 1990. When you are trying to become an entrepreneur there are a thousand ideas -- this was one of them. Sanjeev Bikhchandani epitomises this. His is a classic story of spotting an opportunity and chasing it with guts, determination, lots of hard work and a little bit of luck. Naukri.com (the company is listed as Info Edge India Ltd on the Bombay Stock Exchange is India's number one job portal at a time when there is a serious scarcity of employable people in just about every sector of business and industry. It is also an extremely successful dot-com, having weathered the 2000 meltdown

ARCHANA SURANA

Ms. Archana Surana is the Founder and Director of the ARCH Academy of Design. The Academy offers Undergraduate & Postgraduate courses in Fashion and Textile Design, Jewelry Design, Crafts and Accessory Design, Interior Design, Design Management & Design Communication with National & International Certification. It is her strong vision to empower individuals throughout their learning pathway in unleashing their natural potential so that they grow intellectually through life, with a larger understanding of, and respect for, human potential and dignity. Her experience over the last 18 years in the field of design education has ensured that the ARCH Academy of Design imparts specialized and industrially relevant education and prepares professionals and entrepreneurs for the fast changing world of Design where she has been responsible for the nurture of more than 3000 young men and women over the last decade. Supported by the vitality of the vocational and professional training programs she runs in the field of design she has engineered Skills Upgradation Programs for artisans and the underprivileged under the HRD Scheme of the Development Commissioner Handicrafts (DCH), Ministry of Textiles (Govt. of India) in Fashion Accessories. Most importantly, her belief in Entrepreneurship and Self Reliance has led her to guide and support several skill based Entrepreneurship development programs sponsored by a number of Central and State Government institutions like Micro Small Medium Enterprises (MSME) , Govt. of India, Department of Science and Technology(DST) Govt. of India, Rural Non-Farm Development Agency (RUDA), Rajasthan Mission on Livelihood (RMOL) etc. Ms. Surana is actively involved in the revival & development of the crafts across Rajasthan. She has formed the Self Help Group- Kumkum, to motivate needy women towards economic empowerment, enhance confidence levels and create solidarity amongst them. A widely travelled and noted speaker, she is on the board of various government &

industry bodies and has been part of important forums all over the world. As head of the academy she has represented the institution in various International & National forums including the International Foundation of Fashion Technology Institutes (IFFTI) annual conference, and International Council of Societies of Industrial Design (Icsid). She has also been instrumental in the development of links in knowledge sharing and the strengthening of common curriculum areas within Fashion, Textile & Jewelry Design with various International academic institutions. Under the funding sanctioned by the British council she was recently in Scotland at the Cardonald College, Glasgow to finalize collaboration and signing of MOU between the institutions. Under the Prime Ministers Initiative for International Education (PMI2) of the British Council, she guided the strategic alliance with Doncaster College, UK for skill transfer and Staff Exchange between the two institutions. She has crafted an ongoing and successful 3 year bi- directional student exchange program with the Textila Gymnasiet in Stockholm, Sweden. A U S State Alumni and Fortune Mentee, she has represented India in the International Women Leaders Mentoring Partnership Program of VITAL VOICES Global Partnership launched in public private partnership with the U S State Department and Fortune Magazine at New York, in 2007. She was sponsored by AVON for the Fortune Most Powerful Women Summit at California, USA and was invited to attend the Fortune Global Forum at New Delhi in October, 07. In 2010 she was awarded the Vital Voices Exxon Mobile Challenge Grant for Vital Arch Women Leadership Program to develop business and entrepreneurial skills amongst women. The Deutsche Gesellschaft fr Internationale Zusammenarbeit (GIZ) GmbH, recently sponsored her for the CHANCE workshop on Strategic Planning and Financial Management of Businesswomens Associations. She is a Charter Member of TiE, Rajasthan (The Indus Entrepreneur) and is the Founder Chairperson for TiE Stree Shakti (TSS). She is an invitee member of the Governing Council of Confederation of Indian Industries (CII), Rajasthan for the last 5 years and has also served on the Governing Body of Federation of Indian Chambers of Commerce and Industry- FICCI Ladies Organization (FLO). She is an active Rotarian (MPHF) and a Rotary Foundation Alumni and presently holds the office of the President for Rotary Club Jaipur South, R.I. Dist. 3050. She has recently received the prestigious Yuva Icon Award from Former President Dr. A.P.J Abdul Kalam for her contributions to the field of design education. She has also received the Indira Gandhi Priyadarshini Award.

INTERNATIONAL ENTREPRENEUR

STEVE JOBS

From a college dropout to heading an over $350 billion Apple empire, Steve Jobs dramatically transformed the worlds of personal computing, music and mobile phones, ushering in a new digital era. Jobs, who died on Wednesday at the age of 56 after a seven-year battle with pancreatic cancer, was also the man behind the stupendous success of the computer animation firm Pixar, makers of Toy Story and Finding Nemo. Though he himself never designed a computer in his life, it was because of him that the Apple products, while largely providing the same services as those from other companies, are perceived to be different. Born on February 24, 1955 to Joanne Carole Schieble and Abdulfattah Jandali, Steven Paul Jobs was adopted by Paul and Clara Jobs. Jandali was a graduate student from Syria who later became a political science professor. Paul Jobs, who worked in finance and real estate before moving back to his original trade as machinist, moved his family down the San Francisco Peninsula to Mountain View and then to Los Altos in the 1960s. From an early age, Steve Jobs was interested in electronics. As an eighth grader, after discovering that a crucial part was missing from a frequency counter he was assembling, he telephoned William Hewlett, the co-founder of Hewlett-Packard. Hewlett spoke with the boy for 20 minutes, prepared a bag of parts for him to pick up and offered him a job as a summer intern, according to The New York Times. Jobs met Stephan Wozniak, with whom he co-founded Apple in 1976, while attending Homestead High School in neighbouring Cupertino. After enrolling at Reed College in 1972, Jobs left after one semester, but remained in Portland for another 18 months auditing classes. In a commencement address given at Stanford in 2005, Jobs said he had decided to leave college because it was consuming all of his parents' savings. Jobs returned to Silicon Valley in 1974 and took a job as a

technician at Atari, the video game manufacturer. But, he left after several months and travelled to India with a college friend, Daniel Kottke, who would later become an early Apple employee. Jobs returned to Atari and along with Wozniak, then working as an engineer at HP, began attending meetings of the Homebrew Computer Club, a hobbyist group that met at the Stanford Linear Accelerator Center in Menlo Park, California in 1975. Personal computing had been pioneered at research laboratories close to Stanford and was spreading. Wozniak designed the original Apple I computer simply to show it off to his friends at the Homebrew. It was Jobs who had the inspiration that it could be a commercial product. In early 1976, he and Wozniak, using their own money, began Apple in the Jobs family garage in Los Altos with an initial investment of $1,300 before securing the backing of former Intel executive A C Markkula, who lent them $250,000. Wozniak would be the technical half and Jobs the marketing half of the original Apple I Computer. Shortly thereafter, they moved the company to a small office in Cupertino. Reacting to Jobs' demise, a Twitter user named Matt Galligan wrote: "R.I.P. Steve Jobs. You touched an ugly world of technology and made it beautiful." In April 1977, Jobs and Wozniak introduced Apple II at the West Coast Computer Faire in San Francisco, creating a sensation. The company went public in 1981, when its sales touched $600 million from $2 million in 1977. By 1983, Apple was in the Fortune 500, an achievement for a new firm. In 1981, Jobs joined a small group of Apple engineers pursuing a separate project, a lower-cost system code-named Macintosh, which was introduced in January 1984. When Pixar went public in a record-breaking offering, Jobs became a billionaire. In 2006, the Walt Disney Company agreed to purchase Pixar for $7.4 billion, making Jobs its largest single shareholder, with about 7 per cent of the firm's stock.

CHER WANG

Cher Wang is a Taiwanese entrepreneur and philanthropist born in Taipei, Taiwan. As co-founder and chairperson of HTC Corporationwhich manufactures one out of every six smart phones sold in the United States and has been called the pride of Taiwan and integrated chipset maker VIA Technologies, Wang is considered one of the most powerful and successful women in technology. Wang's father was Wang Yung-ching, founder of the plastics and petrochemicals conglomerate Formosa Plastics Group and one of the wealthiest individuals in Taiwan before his death in 2008. Her husband is Wen Chi Chen, the CEO of VIA Technologies. She has two children. Wang studied abroad at the College Preparatory School in Oakland, Calif., and went on to receive her master's degree in economics from the University of California, Berkeley in 1981. She joined First International Computer (FIC) in 1982.Wang and others founded VIA in 1987 and HTC in 1997. In May 2011, Forbes ranked her with husband Wen Chi Chen as the wealthiest person in Taiwan, with a net worth of US$8.8 billion .In August 2012, Wang was named #56 on Forbes' list of The World's 100 Most Powerful Women. Wang is a devout Christian and avid philanthropist who prefers to stay out of the limelight despite her many accomplishments. In 2011, Wang donated US$28.1 million to help found Guizhou Forerunner College, a charitable college in southwest China set up by VIA Technologies' non-profit Faith-Hope-Love Foundation. The not-for-profit college is designed to provide three years of free or low-cost education to students from lowincome families. She has stated that if the college is successful, she is likely to set up additional similar institutions in other parts of the country. Wang has also made signigicant donations to the University of California, Berkeley, including funding to support and enhance the prestigious American Physical Society's Oliver E. Buckley Condensed Matter Prize, which is given to researchers who make considerable contributions to the field of condensed matter physics. Wang and Chen also provide funding to support a collaborative program between the psychology departments at UC Berkeley and Tsinghua University in Beijing. The Berkeley-Tsinghua Program for the Advanced Study in Psychology aims to create and support collaborative, psychological

research between faculty and students from both universities. In August 2012, Wang donated 6,000 HTC Flyer tablet PCs to 60 high schools in Taipei. While HTC was founded as High Tech Computers and began in the late 1980s as a portable computer manufacturing firm, the company's bread and butter these days is smartphone devices. The company's latest projects include a series of low-cost 4G smartphones for Verizon and T-Mobile, along with a variety of Windows Phone 7 devices. And, they were the first to offer an Android phone. The largest challenge currently facing Wang is a drawn-out legal battle with Apple. Shortly after HTC unveiled several Android-enabled smartphones, Apple sued the company over 20 alleged infringed patents. HTC launched an intellectual property countersuit in response, which is still in court. Public opinion has generally been behind HTC, with the lawsuit seen as a thinly-veiled attempt to cripple Google's attempt to launch the Android mobile platform. While Wang is a hugely successful entrepreneur on her own, she also comes from considerable wealth. Wang's father, Wang Yung-Ching, was the chairman of the board of plastics mega-manufacturer Formosa Plastics Corporation and had an estimated wealth of US$5.5 billion by the time he passed away in 2008. The senior Wang, who lacked any formal schooling beyond elementary school, also played a key role in reconciliation efforts between Taiwan and the People's Republic of China. Wang is also half of one of Taiwan's richest couples. Her husband is Wen Chi Chen, president and CEO of integrated circuit manufacturer VIA Technologies. In 2008, the joint wealth of Wang and Chen was estimated at US$3.5 billion by Forbes. Wang is also VIA Technologies' chairperson. Her greatest corporate gambit was turning HTC into an indispensable ally of both Google and Microsoft. In the coming years, HTC is poised to be Google and Microsoft's secret weapon in selling their respective smartphone operating systems to the masses.