session 3 - ca sri lanka · session 3: rethink the contemporary entrepreneurship by kushan...
TRANSCRIPT
SESSION 3:
Rethink the
Contemporary
Entrepreneurship
By
Kushan Kodituwakku,
Managing Director,
Orange Electric
SESSION 3:
Rethink the Contemporary Entrepreneurship
• Orel Corporation commenced its operations 30 years ago as an Australian- Sri Lankan JV.
• Orange Electric came into the lime lite following the demerger from CLIPSAL in 2004.
• Today, Orange Electric is a 100% Sri Lankan Company.
• A global export presence in 15 countries with a turnoverexceeding Rs.7 billion.
• Four state of the art manufacturing facilities with a staffstrength of 1200 employees.
Corporate Overview
SESSION 3:
Rethink the Contemporary Entrepreneurship
Our Values
Never give up
Have lots of energy
Be patient
Always tell the truth
Learn to let go for greater good
The ultimate learning comes from our own experiences
Cultivate the highest moral values
Be kind
Inculcate generosity
Develop equanimity
SESSION 3:
Rethink the Contemporary Entrepreneurship
Vision:
“To Create a Billion Dollar
Global Electrical Brand”
Mission:
“To Help People Add
More to Life with
Electricity”
SESSION 3:
Rethink the Contemporary Entrepreneurship
A Bit About Myself
Studied at D.S. Senanayake College, Sri Lanka.
Secondary education at United World College,Singapore.
University education in the United States of America.
Graduated as an Industrial Engineer from theUniversity of New Heaven in Connecticut.
SESSION 3:
Rethink the Contemporary Entrepreneurship
The First Crisis
Father’s demise in 1995
Burden of taking the company forward
Taking one day at a time
stocks, debtors, sales and creditors.
Light meter to the light bulb and everythingin between
SESSION 3:
Rethink the Contemporary Entrepreneurship
The Recovery
Unveiling new vision to be a billion rupee by year 2000.
New team.
Ten times growth in 5 years
SESSION 3:
Rethink the Contemporary Entrepreneurship
Technology Response
18 million pcs of Switches
7.2 Million pcs of CFL’s
2.5 Million pcs of MCB’s
Uses Lean Manufacturing and TPM Systems
720 tons of Cables
18 Production Lines
685 Staff in manufacturing
3D Printing
SESSION 3:
Rethink the Contemporary Entrepreneurship
The Global Expansion
•Pakistan• Nepal• Myanmar• Singapore• U.K• Cambodia• Bangladesh• U.A.E• India• Maldives• Seychelles
SESSION 3:
Rethink the Contemporary Entrepreneurship
My Leadership Model
ROTC
To make quick decisions without having all information.
Principally centered leadership
SESSION 3:
Rethink the Contemporary Entrepreneurship
Breakthrough Technology
BPO
Self-driving vehicles