
From what we have observed, the previous generations had the following values:
• Ethics and Honesty • Quality above all • Timely delivery • Customer Focus and Retention • Personalized Service & Building Relationship
These are also what we need to focus on and keep as the foundation on the way forward.WHAT CHANGES CAN WE MAKE?
We can certainly bring in the latest technology that we are familiar with, to streamline the business processes. At the same time, care should be taken to ensure that in the rush towards digitizing things, we take care not to go overboard and mindlessly implement technology just because it’s the latest, but thoughtfully choose what is needed. Let the technology blend with the human touch for optimum benefit. Our parents kept all records in hard copy, so digitizing these on the cloud will definitely be some steps we can take. Twenty-five years ago, people had lesser resources to start a business, and money was harder to come by. Today, resources to commence a business are relatively easier to get, but then this era has its own challenges. Laws are stricter, customers have more options, employees are also more difficult to retain. We would say both eras have their pluses and minuses when it comes to ease of doing business. Of course, entrepreneurship is not for everyone. There are certain fundamental attributes that a successful entrepreneur needs to develop. The appetite for risk is one. Knowledge of the field you are building or carrying forward your business is another. Ideally, we believe a person should secure a few years of valuable work experience learn the ropes and then enter business so that the chances of making more effective decisions increase. Of course, our fathers and mothers in most cases put in huge amount of hours at work when they were establishing their businesses. For every strong structure, you need to dig a lot below the ground and that is hard work. So definitely the previous generation, when they were founding the family businesses, would have found it difficult to maintain work-life balance. We are sincerely grateful to them for what they have done for us. Today, now that our businesses are mostly established, we find it easier to find time for leisure, family, hobbies and even for contribution to society. It is our commitment as the next generation that we will put in our best efforts to carry forward the Chamber and its activities to the next level and try to leave it for our children in at least as good shape it was when we take over the baton. We hope that you all will be around and we too, to celebrate the 50th anniversary of our Chamber in grand style. God Bless us all.