IIPM Ranked No. 1 B-School In Global Exposre - Zee...
“The luxury market in India is growing phenomenally well and I want to trap this market in all the segments, be it watches or jewellery।”
To implement such plans, he is bullish with the generation next, who Ravi believes is keen to work hard for a better lifestyle. So in his organisation, he prefers to resort to the zeal of young people, who know what is fanatically fashionable and he encourages those employees who are innovative. Affirms, Ravi, “A true leader doesn’t look for experience; he should be skillful enough to identify the potential of his people. And in a business of fashion like us, my young employee has lots to do. I try to motivate whosoever I see has potential.” He has created a culture in his organisation such that even a 28-year-old girl can take a decision on a project, which has a budget of Rs.150 million. Though Thakran believes vehemently in team work, he also monitors individual contributions with a keen eye.
ues at LVMH, Thakran manages times for his family and maintains a perfect balance between his professional and personal life. His weekends are always booked for his family as he exclaims, “That’s very necessary and even if I cannot give time on a daily basis, I make sure I go for a holiday trip with my family.” This father of two sons likes to visit Tibet in particular and enjoys reading in his spare time. His mantra of success, which he would like to share with the leaders of tomorrow goes thus, “There’s no short cut to reach at the top. It’s hard work that is required and lots of Indians of today’s generation are realising that. I have worked in different cultures and countries and I haven’t come across any such bottlenecks, which cannot be overcome through hard work and intelligence.”
Indeed, Thakran’s passion & business acumen are working wonders for LVMH in India. And what’s next? “The luxury market in India is growing phenomenally well and I want to trap this market in all the segments, be it watches or jewellery.” For this, LVMH plans to have more stores in future and also target Tier 2 cities of India. Reveals Thakran, “We will grow at 100% and we will open 15 more boutiques by 2008.” With the affluent class moving northwards in India, we have little reason to disbelieve Thakran’s optimism to move beyond the big cities. If he says so, he will, for Thakran is known to be a leader who walks the talk. And as we bid him goodbye, Thakran displays the exuberant, enthusiastic side of his personality once more as he asks us a question for a change – “You know what’s my dream?” he smiles and before we even attempt to hazard a guess, he reveals, “to make India the world’s largest luxury market.” Noble intentions indeed! We just cannot help wishing Thakran all the best in his endeavour.
B&E edit bureau: Angshuman Paul
For more articles, Click on IIPM Article।
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
“The luxury market in India is growing phenomenally well and I want to trap this market in all the segments, be it watches or jewellery।”
To implement such plans, he is bullish with the generation next, who Ravi believes is keen to work hard for a better lifestyle. So in his organisation, he prefers to resort to the zeal of young people, who know what is fanatically fashionable and he encourages those employees who are innovative. Affirms, Ravi, “A true leader doesn’t look for experience; he should be skillful enough to identify the potential of his people. And in a business of fashion like us, my young employee has lots to do. I try to motivate whosoever I see has potential.” He has created a culture in his organisation such that even a 28-year-old girl can take a decision on a project, which has a budget of Rs.150 million. Though Thakran believes vehemently in team work, he also monitors individual contributions with a keen eye.
ues at LVMH, Thakran manages times for his family and maintains a perfect balance between his professional and personal life. His weekends are always booked for his family as he exclaims, “That’s very necessary and even if I cannot give time on a daily basis, I make sure I go for a holiday trip with my family.” This father of two sons likes to visit Tibet in particular and enjoys reading in his spare time. His mantra of success, which he would like to share with the leaders of tomorrow goes thus, “There’s no short cut to reach at the top. It’s hard work that is required and lots of Indians of today’s generation are realising that. I have worked in different cultures and countries and I haven’t come across any such bottlenecks, which cannot be overcome through hard work and intelligence.”
Indeed, Thakran’s passion & business acumen are working wonders for LVMH in India. And what’s next? “The luxury market in India is growing phenomenally well and I want to trap this market in all the segments, be it watches or jewellery.” For this, LVMH plans to have more stores in future and also target Tier 2 cities of India. Reveals Thakran, “We will grow at 100% and we will open 15 more boutiques by 2008.” With the affluent class moving northwards in India, we have little reason to disbelieve Thakran’s optimism to move beyond the big cities. If he says so, he will, for Thakran is known to be a leader who walks the talk. And as we bid him goodbye, Thakran displays the exuberant, enthusiastic side of his personality once more as he asks us a question for a change – “You know what’s my dream?” he smiles and before we even attempt to hazard a guess, he reveals, “to make India the world’s largest luxury market.” Noble intentions indeed! We just cannot help wishing Thakran all the best in his endeavour.
B&E edit bureau: Angshuman Paul
For more articles, Click on IIPM Article।
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
