igarh Management Association organised a session on ‘Scaling Up: Capabilities & Business‘ on June 30, 2018 at Rotary House, Sector 18, Chandigarh. Mr. AseemHanspal, MD & Co-Founder, SKOPE Business Consulting, Gurgaon, was the key note speaker.
President CMA, Mr. Deepak Dhingra stressed upon the need for strategizing scaling up in his welcome address. He also laid equal emphasis on the people and the processes / systems. Hiring the right people is critical as they are the prime movers and following tested processes are the backbone of the business.Investing in the growth and development of people and processes determines a company’s success. Thinking big was another suggestion he made saying that having a scalable business means that you are free to unleash your dreams, make profits and at the same time have fun doing it. Once you get your mind in the game, scalability becomes way easier.
The speaker, Mr. AseemHanspal,explainedthat business owners build businesses to reach to a level through their passion, hardworking and dedication but a stage comes when the Business owner/leader himself becomes a limitation to Scale up the business. He elaborated upon how we could focus on People and Process to take business to next level. With his unique communication skill of putting the vision forward, he took the audience to another level to make them understand the meaning of ‘Scale-up’ in today’s parlance of fast changing technology and competition and the key challenges to business owners/leaders.
Aseem related scaling up with capacity building and also focussed on their relation with the business cycles that each organisation has to go through during its lifetime. The role that technology and social media could play in scaling up were other areas that were touched upon.
The workshop was attended by 65 CMA Members and it was followed by Question & Answer session. The participants discussed and related the learnings with their implementation in their respective businesses.