Menu

Ann Nolan

Plan For The Perfect Home

Bhanu Choudhrie Sits for Q&A on his Success as Entrepreneur

Daily Life and Interests

In a recent interview with Ideamensch Bhanu Choudhrie sat down with a reporter to answer a series of questions about his success as an entrepreneur, investor, and his philanthropic works. During his conversation, he spoke freely about his current interests, his normal daily routine of work, as well as his present interests in the international market and business interests.

Origin of Business Ideas

Mr. Choudhrie came from a rich history of business making in his family. Both his father and Uncle were successful business people who had started a television import company in the 1970s. His father and grandfather were real estate businessmen also from the 70s. and 80s. He was fortunate to have had a grandfather who was a chairman of a leading bank in India called Punjab National Bank of India. These experiences and close family ties made it very natural for him to acclimate toward a career in business and make his headway there. OF course, he also had other interests of his own besides what he learned from his family, which he pursued. Learn More about  Bhanu Choudhrie at prabook.com

Bhanu Choudhrie’s Typical Day

A typical day would mean starting his day around 6:30 AM, which requires answering his email accounts and equally as well keeping up with the news. Certain TV channels are important to keep up with his different business interests such as CNN and Bloomberg and if accessible the Indian equivalents for investing. Bhanu Choudhrie has keen interests in global finance and reaps many benefits in learning new strategies for business through exposure to what is currently taking place.

Short Biography

Bhanu Choudhrie is a native to New Delhi, India and born in 1978. Know for strategic investments in many industries as healthcare, hotels, utilities, hospitality, and banking, Bhanu Choudhrie founded C&C Alpha Group(2001) as a way upstarts could begin their business as well as encourage older businesses to reach new objectives.

Bhanu Choudhrie studied International Business and Marketing at Boston University and afterward attended the Owner Management Program at Harvard Business School. After Harvard Business School he returned home to begin and develop his new business ideas.

Read More: https://www.exed.hbs.edu/testimonials/owner-president-management-bhanu-choudhrie

JD.Com Revolutionizes The Traditional Process Of Procurement

Businesses big and small sell stuff to consumers. But the price of doing business involves buying what you need to get things done. When a company reaches out to purchase supplies, it’s called procurement. The larger the company, the bigger the procurement effort. The process is often cumbersome and opaque. That’s because, historically, it has involved meeting with dozens of suppliers, sitting down and paging through catalogs, bargaining for prices – and much more. Sometimes the right hand doesn’t know what the left hand is doing. But now China’s biggest e-commerce company, JD.Com, is determined to revolutionize the procurement process – in fact, it already has. Any company can now partner with JD.Com to set up a procurement channel (b.jd.com).

Essentially, this creates a one-stop shop where a company can handle all its procurement in one place. Best of all, the JD.Com high tech system has brought transparency to the process. The early results have been remarkable. Companies report procurement efficiency process improvements of 50%. Users have also been able to trim an average of 15% from procurement budgets. For companies that spend hundreds of thousands of dollars (or millions) buying what they need, JD’s system is a major game changer. JD.Com works with more than 5,000 companies. Every one of them can embed and integrate their own ERP (Enterprise Resource Planning) systems into the JD system.

This creates a seamless synergy making the process much more efficient, transparent, faster – and with significant cost savings over the old way of doing things. Another key area is MRO specific procurement. MRO stands for Maintenance, repair and operations. This is a critical part of the overall supply chain. JD.Com has recently added an MRO service to its support portfolio. Take a closer look at imall.jd.com. Major top quality brands, such as Volvo, Siemens and Bosch are already on board and taking advantage. Another company, Southwest Cement, leveraged JD resources in supply chain and logistics to lower its procurement costs by 20%. Chunzheng Song, Head of JD Business, said his company’s re-invention of the procurement process has been years in the making. It is the result of years of intensive study of enterprise customers.

Read more: https://www.jd.id/liu-qiangdong-jd-ceo-about

Sujit Choudhry Featured In Essay Collection On Constitutional Transitions

Recently, a collection of essays entitled “Territory and Power in Constitutional Transitions” was published. This book consists of 17 different case studies and a companion policy paper that was written by Sujit Choudhry and George Anderson. This companion paper is entitled with the same name as the collection itself. The purpose of this companion paper that was co-written by Sujit Choudhry was to provide some insights on how issues over territory can impact how a constitution is made and designed. Also, the authors also provide advice that is potentially useful to people who are involved in constitutional moments.

“Territory and Power in Constitutional Transitions” can be purchased on amazon either in digital or hardcover format. The policy paper that was written by Sujit Choudhry and Anderson can be downloaded separately as well. Sujit Choudhry is considered an expert on constitutional law and founded the organization known as the Center for Constitutional Transitions in which he is also the Director. He has been recognized for his work in constitutional law on an international level. Some of the countries that he has worked with during his decades-long career include Yemen, Tunisia, Ukraine, Sri Lanka, South Africa, Nepal, Libya, Jordan, Myanmar, and Egypt.

The view that the essay collection offers is a realist one that keeps in mind just how complex these issues tend to be. The authors featured in the collection use examples from Ukraine, Sri Lanka, Nigeria, Nepal, Spain, Kenya, Cyprus, Iraq, and more. The policy paper that features the work of Sujit Choudhry is a good companion for the publication that addresses many different issues when it comes to territorial politics in regards to building a constitution. The final chapter of the work is used to conclude the different works and how it all relates to research that has already taken place.

Find out more here https://www.instagram.com/sujitchoudhry/

Vijay Eswaran speaks about the habits that make him successful

If you want to select a role model, then you have to get a successful professional. Most of the successful people around the world have their way of doing things. Vijay Eswaran, the founder and leader of the prestigious QI Group, has an inspiring story. The business leader advice people to keep in mind these few tips so that they can be wealthy.

Learn that it is okay to say no; If your business is small, you need to learn how to be purposeful. Vijay Eswaran believes that these young entrepreneurs need to sometime change their mindsets and say no. Saying yes might seem like the best and easy option, but it can result in poor results in your investment. Eswaran has grown his successful company because he discovered that he could say no to some ideas presented to him.

Have some quiet time every morning: busy company leaders have very complicated schedules. Some people will feel tired and switch off their alarms in the morning so that they can have more sleep. Instead of extending your sleep, Vijay Eswaran urges everyone to take some thirty minutes quiet time. Calm yourself before you can start taking actions and build your business. This is the ideal time to look at your level of confidence and some of the things that make you scared. Vijay Eswaran takes this time seriously. According to him, this is the time to meditate and pray. People can also give themselves a pep talk during this quiet time.

Work out and spare time for the family then work: After waking up at five in the morning, Vijay Eswaran takes some time off for his workout. The body cannot be productive when it is not in the right shape. When you work out, you reduce stress and become a healthy and better person. Before heading to work, Vijay Eswaran takes breakfast with family then heads to work. During breakfast, the family connects and speaks about important issues. Read more about Vijay Eswaran: https://www.prnewswire.com/news-releases/vijay-eswaran-discusses-impact-investment-and-gender-parity-in-new-york-300720477.html

How Steve Ritchie is Trying to Revive Papa Johns

In 1996, Papa Johns employed a new customer representative. The company was doing its best to win customers and get more sales in the competitive market. The new executive was only getting six dollars for payment every one hour. Steve Ritchie was patient over the years. Although his position was minor in the company, the young man did his best. With hard work and discipline, Steve Ritchie became successful. Unlike other professionals who change careers when they have the experience, Steve Ritchie remained faithful to his employer. The successful pizza company, on the other hand, rewarded the visionary executive for his good work. The board ensured that he was the first to get promotions. A few years ago, Ritchie shocked the global community because of the post he acquired. The business leader started to serve as the chief operating officer, a role with numerous responsibilities.

The position of COO came with many happy and sad moments. However, Steve Ritchie remained focused on making more profits and giving customers excellent profits. The leader performed so well, and this is how he got the role of president. As the president of the successful and influential pizza company, Ritchie was the ideal candidate to succeed the CEO. Due to the many issues facing the founder of Papa Johns, everyone felt that a new face in the company would bring change. Ritchie had the leadership qualities, and patients needed to become CEO of the global company. This role needed an individual who would handle the furious customers.

One year after getting the CEO position, everything is getting back to normal in Papa Johns. Steve Ritchie has not only solved the leadership wrangles experienced for years; he has brought the customers back. Most clients vowed to stay away from the company because of the racial statements made by the former CEO. With Ritchie in leadership, however, the institution is making significant sales.

Eric Lefkofsky Professional Long Form Bio

Eric Paul Lefkofsky is a self-made billionaire and successful entrepreneur. Born in Southfield, Michigan, he graduated with honors from the University of Michigan in 1991. In 1993, he received a law degree from the University of Michigan Law School. After graduating, he and a college friend joined forces to pursue a series of entrepreneurial endeavors.

Lefkofsky is currently actively involved in Tempus, which he co-founded in 2016. This is a bio-tech data firm that is focused on improving cancer treatment and patient outcomes. It specifically collects and stores clinical and molecular data on cancer patients while also hosting an accessible operating system that puts real-time data in the hands of physicians. By doing so, Tempus enables physicians to analyze data and to make treatment decisions based on huge volumes of collective data. Tempus has the world’s largest collection of clinical and molecular data, and it continues to gather data. It also offers data analytics and genome sequencing services. Lefkofsky is currently the CEO of Tempus.

His first successful endeavor was InnerWorkings, which he co-founded in 2001. This firm focused on providing print procurement services. This company went public in 2006. Lefkofsky was deeply involved with the company’s regular operations as a member of its board of directors until 2012.

While actively serving on InnerWorkings’ board, he co-founded Echo Global Logistics in February 2005. Echo Global Logistics specializes in freight logistics. It went public in June 2006. Also in June 2006, Lefkofsky co-founded a technology firm specializing in the advertising sector, which was known as MediaBank. Notably, MediaBank acquired Datatech in June 2007. The following month, MediaBank received funding from New Enterprise Associates. MediaBank merged with Donovan Data Systems to create Mediaocean in 2012.

Lefkofsky’s entrepreneurial endeavors continued when he co-founded ThePoint.com in January 2007. This is a collective action website that received funding from New Enterprise Associates and that was renamed Groupon.com in 2008. Over the course of the next few years, Groupon.com received funding from Accel Partners, Battery Ventures and Digital Sky Technology. In 2010, the company was valued at $1.35 billion and was reported to be the fastest growing company throughout history by Forbes. Lefkofsky served as Groupon.com’s CEO from August 2013 through November 2016, which is when he became Chairman of the Board. While serving as CEO at Groupon.com, Lefkofsky personally invested in Uptake, LLC. He also is the managing director at Lightbank, which is a venture capital firm in Chicago. Lightbank has provided funding to more than 100 businesses.

Lefkofsky’s notable accomplishments extend to other notable areas as well. For example, he and his wife founded the Lefkofsky Foundation, which is a charitable trust that has provided funding to dozens of children’s organizations. The couple also have been members of The Giving Pledge since 2013. Lefkofsky current serves on the board of directors at several significant organizations in his community. These include the Art Institute of Chicago, the Lurie Children’s Memorial Hospital and the Museum of Science and Industry. At Steppenwolf Theatre Company, Lefkofsky is a trustee. He also is a board member and co-chairman of the Technology Council for World Business Chicago. In 2008, he served on a committee focused on attracting the 2016 Summer Olympics to the Chicago area.

While Lefkofsky co-founded and operated numerous successful companies and actively served his community in meaningful ways, he also was an educator and author. He has taught at the Graduate School of Business at DePaul University, the Kellogg School of Management at Northwestern and the Booth School of Business at the University of Chicago. His book, Accelerated Disruption: Understanding the True Speed of Innovation, explores the impact of technology on business activities.