naina lal kidwai is an indian business woman
Post on 08-Apr-2015
Embed Size (px)
INTRODUCTION Women as Entrepreneurs in India:Women owned businesses are highly increasing in the economies of almost all countries. The hidden entrepreneurial potentials of women have gradually been changing with the growing sensitivity to the role and economic status in the society. Skill, knowledge and adaptability in business are the main reasons for women to emerge into business ventures.Women Entrepreneur is a person who accepts challenging role to meet her personal needs and become economically independent. A strong desire to do something positive is an inbuilt quality of entrepreneurial women, who is capable of contributing values in both family and social life. With the advent of media, women are aware of their own traits, rights and also the work situations. The glass ceilings are shattered and women are found indulged in every line of business from pappad to power cables. The challenges and opportunities provided to the women of digital era are growing rapidly that the job seekers are turning into job creators. They are flourishing as designers, interior decorators, exporters, publishers, garment manufacturers and still exploring new avenues of economic participation.In India, although women constitute the majority of the total population, the entrepreneurial world is still a male dominated one. Women in advanced nations are recognized and are more prominent in the business world. But the Indian women entrepreneurs are facing some major constraints like a) Lack of confidence In general, women lack confidence in their strength and competence. The family members and the society are reluctant to stand beside their entrepreneurial growth. To a certain extent, this situation is changing among Indian women and yet to face a tremendous change to increase the rate of growth in entrepreneurship. b) Socio-cultural barriers Womens family and personal obligations are sometimes a great barrier for succeeding in business career. Only few women are able to manage both home and business efficiently, devoting enough time to perform all their responsibilities inpriority.
c) Market-oriented risks Stiff competition in the market and lack of mobility of women make the dependence of women entrepreneurs on middleman indispensable. Many business women find it difficult to capture the market and make their products popular. They are not fully aware of the changing market conditions and hence can effectively utilize d) Motivational factors Self motivation can be realized through a mind set for a successful business, attitude to take up risk and behavior towards the business society by shouldering the social responsibilities. Other factors are family support, Government policies, financial assistance from public and private institutions and also the environment suitable for women to establish business units. e) Knowledge in Business Administration Women must be educated and trained constantly to acquire the skills and knowledge in all the functional areas of business management. This can facilitate women to excel in decision making process and develop a good business network. f) Awareness about the financial assistance Various institutions in the financial sector extend their maximum support in the form of incentives, loans, schemes etc. Even then every woman entrepreneur may not be aware of all the assistance provided by the institutions. So the sincere efforts taken towards women entrepreneurs may not reach the entrepreneurs in rural and backward areas. g) Exposed to the training programs - Training programs and workshops for every type of entrepreneur is available through the social and welfare associations, based on duration, skill and the purpose of the training program. Such programs are really useful to new, rural and young entrepreneurs who want to set up a small and medium scale unit on their own. h) Identifying the available resources Women are hesitant to find out the access to cater
their needs in the financial and marketing areas. In spite of the mushrooming growth of associations, institutions, and the schemes from the government side, women are not enterprising and dynamic to optimize the resources in the form of reserves, assets mankind or business volunteers. Highly educated, technically sound and professionally qualified women should be encouraged for managing their own business, rather than dependent on wage employment outlets. The unexplored talents of young women can be identified, trained and used for various types of industries to increase the productivity in the industrial sector. A desirable environment is necessary for every woman to inculcate entrepreneurial values and involve greatly in business dealings. The additional business opportunities that are recently approaching for women entrepreneurs are: Eco-friendly technology Bio-technology IT enabled enterprises Event Management Tourism industry Telecommunication Plastic materials Vermiculture Mineral water
Sericulture Floriculture Herbal & health care Food, fruits & vegetable processing Empowering women entrepreneurs is essential for achieving the goals of sustainable development and the bottlenecks hindering their growth must be eradicated to entitle full participation in the business. Apart from training programs, Newsletters, mentoring, trade fairs and exhibitions also can be a source for entrepreneurial development. As a result, the desired outcomes of the business are quickly achieved and more of remunerative business opportunities are found. Henceforth, promoting entrepreneurship among women is certainly a short-cut to rapid economic growth and development. Let us try to eliminate all forms of gender discrimination and thus allow women to be an entrepreneur at par with men.
Some famous Women Entrepreneurs Naina Lal Kidwai
Naina Lal Kidwai is an Indian businesswoman. She is currently the Group General Manager and Country Head of the HSBC Group in India.
Early lifeKidwai has a Bachelors degree in Economics from Delhi University and an MBA from Harvard Business School (graduated 1982). She was the first Indian woman to graduate from Harvard Business School
CareerFrom 1982-1994 she worked at ANZ Grindlays, where her assignments included Head of the Investment Bank , Head of Global NRI Services and Head of the Western India, Retail Bank. During 1994-2002, she worked at Morgan Stanley as Vice Chairman of JM Morgan Stanley and Head of the Investment Bank in India. At HSBC she has held positions as Chief Executive Officer and Deputy Chief Executive Officer of HSBC Bank in India and Managing Director and Managing Director of HSBC Securities and Capital Markets India Private Limited. She became the group's country head in 2009. Her other positions include being a non-executive director on the board of Nestle SA, Chairman, City of London's Advisory Council for India, Global Advisor, Harvard Business School. She is on the Governing Board of NCAER, Audit Advisory Board of the Comproller and Auditor General of India, and on the National Executive Committee of CII and FICCI. Her interests include microfinance and livelihood creation for rural women and environment. Naina, also supports the world's largest youth driven organization - AIESEC as a National Advisory Board Member to AIESEC India.
Awards and recognitionsKidwai has repeatedly ranked in the Fortune global list of Top Women in Business, 12th in the Wall Street Journal 2006 Global Listing of Women to Watch ad listed by Time Magazine as one of their 15 Global Influentials 2002. In 2007, She received the Padma Shri, for her work in the promotion of Trade and Industry.
Personal lifeNaina is married to Rashid Kidwai, who runs the NGO, Grassroot Trading Network for Women.
Shahnaz Husain (born in Pakistan) hails from a traditional royal Muslim familybackground. She married at the age of 15 and has a son, Sameer. She is the Chairperson of the Shahnaz Hussain Group, a leading Indian company dealing with beauty and antiageing products. She also manages Shahnaz Husain's Beauty Institutes offering courses such as diploma and post-graduate diploma in skin and beauty therapy as well as a number of short-term vocational courses.
Education & Career of Shahnaz HusainShahnaz Husain did her schooling in an Irish convent. After her marriage, she went off to Iran with her husband. She became interested in cosmetology. She soon realized the harmful effects of chemical cosmetics and turned her attention to herbals and Ayurveda. She also began writing about them. She returned with her husband to India and started a small parlour in South Delhi. Shahnaz Herbals soon created a niche for itself worldwide with exclusive clinics and 400 franchise salons.
Important Works of Shahnaz HusainShahnaz Husain was pioneer in the field of Ayurvedic and herbal cosmetics. The products of Shahnaz Husain Group are sold through such prestigious stores as Harrods and Selfridges in London, Galleries Lafayette in Paris, Bloomingdales in New York, the
Seibu chain in Japan, and La Rinascente in Milan. Her clients include such names as Princess Diana, Madonna, the Clintons and Cherie Blair.
Awards and Achievements for Shahnaz HusainShahnaz Husain received such awards as Padma Shree (2006); The Arch of Europe Gold Star for Quality; The 2000 Millennium Medal of Honor, and Rajiv Gandhi Sadbhavana Award. She was voted the Woman of the Year by the Success magazine in 1996.
Vinita Bali was appointed Managing Director on 31st May 2006. Vinita joined as Chief Executive Officer of the Company in January 2005. She received her Bachelor's Degree in Economics from LSR at the University of Delhi and her MBA at the Jamnalal Bajaj Institute of Management Studies at Bombay University. She pursued postgraduate studies in Business and Economics at Michigan State Universit