He turned Enso Group into a global enterprise by adapting to new tech and business trends in the world.
A close look around will let people know how things have moved fast up the ladder of growth and success across the world. A closer gaze will also let them notice how these changes were brought about by tremendously talented individuals and entrepreneurs walking their path to incredible success and making sure to innovate and invent every step of the way. Vinay Maloo, who did the same in the world of entrepreneurship with his unique business enterprise Enso Group, has turned it into a global business conglomerate with a portfolio of several successful companies under it. As the Founder and Chairman of the group, Vinay Maloo thrives high on morals, work ethics, commitment, passion, and visionary ideas.
Over the years, several successful entrepreneurs have come forward to lay out their personal tips and guidance for others to follow in the business realm, which have even gone ahead in benefiting budding entrepreneurs and their businesses. This time Vinay Maloo comes forward to talk about his take on leading businesses to the top.
- Walking hand-in-hand with changing business trends:He says that a modern management outlook and openness to exploring, leads the way in business. “It is essential for entrepreneurs today to walk hand-in-hand with the modern-day tech and business trends while sticking to their core values like honesty and authenticity in business. They must adopt a modern management outlook to work around newer management strategies and techniques to inspire effectiveness, efficiency, and productivity. Also, business teams must stay open to exploring new ideas and niches to expand their businesses and create a diverse enterprise.
- Understanding modern management theory:Modern management serves as an excellent management theory of the modern world that recognizes and respects several changes that come along with modern technologies. This theory helps people understand how technology changes the workplace, and thus leaders must make sure to incorporate these changes efficiently. For example, during the pandemic, when most industries moved digital, entrepreneurs and business owners had no choice but to pave the way for work from home business style. They had to develop a WFH style and make employees put in an equal amount of effort working from the confines of their homes. This allowed for better tech systems and software that could make working from home easier and hassle-free. Vinay Maloo says in such cases, entrepreneurs had to choose to walk with the changing trends of the business world.
- Staying open to exploring:During the pandemic, he says that Enso Group kept growing and, in 2021, amidst all this, even ventured into trading with Enso Global Trading. This is exactly what he wants other companies to do to stay open to exploring newer niches and expand accordingly.
- Transparency is key: He explains how transparency is key. Giving an example of his enterprise, he says that each company under it made sure to remain true and transparent to the ones it served. This transparency made the enterprise reach exponential levels of growth and success.
Entrepreneurs can achieve massive growth and success when they start exploring, innovating, and adapting to the changing trends of the business world.