Welcome Address by Mr. Tarun Malaviya at the 3rd Collaboration Retreat 2012
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Tarun Malaviya (CEO, Mithi Software) talked about the business impact of collaboration systems. He pointed out challenges faced by business owners and decision makers in enhancing Profits, lowering Operational Cost, ensuring Control, driving Innovation, Marketing effectively and building Sustainable businesses. Citing several day-to-day examples he explained how the use of collaboration technologies is critical to overcoming these challenges.
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Welcome Address by Mr. Tarun Malaviya at the 3rd Collaboration Retreat 2012
- 1. A Conversation on Collaboration and Collaboration Technologies
- 2. Collaboration systems and open standards Collaboration infrastructure strategies Collaboration and Enterprise Productivity
- 3. Profitability Profit = Margin X Velocity - Ram Charan Nearly 80% of time we are either waiting or undoing mistakes
- 4. Operational Costs "It is not the profit margin of the past but those of the future that are basically important to the investor." - Philip Fisher Because inflation increases a company's expenses and competitors will pressure profit margins..
- 5. Control “Variation there will always be, between people, in output, in service, in product." - Edward W. Deming On any given day at work, it is not business as usual
- 6. Innovation "Business has only two functions -- marketing and innovation." - Peter Drucker Innovations usually start with a conversation
- 7. Marketing "Markets are a conversation" - Levine, Locke, Searls, and Weinberger Markets are getting smarter faster than most companies
- 8. Sustainability “Every profession bears the responsibility to understand the circumstances that enable its existence.” - Robert Gutman The earth will probably survive longer than our businesses
- 9. On to You now Thank You...
- 10. Check out more event updates on our website… www.mithi.com