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Ramesh Kumar

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Ramesh Kumar

CEO

LAMBDA GROUP

Ramesh Kumar is a member of:

My Company

Lambda Microwaves started in year 1998 with supply of microwave components for Defence and Telecom .We developed components for mobile towers and operations and enjoyed leadership

Connecting the right dots as a leader

We acquired Arialcom France for R & D support , started a battery production plant and developed Generators based on CNG Fuels and many more .Unfortunately our decisions were not good as we did not do worst scenario analysis for each new project . We spent hard earned money on new projects .Meanwhile the Telecom boom crashed with cancellation of 2G/3 G licenses ,along with that we developed shortage of funds due to many projects in hand.Our Bank loans were used to full capacity . The cancellation of 2G/ 3 G telecom service made us to suffer huge inventory loss and we have reached state of bankruptcy . Now we are trying to resurface thru diversion into new fields using outsourcing model.

My way of motivating troops

We were leader in Telecom accessories business and we started searching for high tech products

Past mistakes – We had poor HR. We hired high cost Heads

(operations, Finance, Production )But they failed to deliver .

Our New Motives ;Hire only needy ,low salary managers who have high aims in life .

Way to start from scratch again

i) Collective team decision , no impulse decision by a single director.

ii) Due diligence of New projects , new employees / heads

iii) Worst case analysis of projects

iv) E SOPs for senior employees and business heads (less salary and more incentive on results )

Most critical decision

Saw the downfall and closed Arialcom , France R & D unit which was drain on resources.

Advice for fellow entrepreneurs

Never take decisions on self impulse , take collective team decisions .

My key thoughts

Yog sadhans which is practice of pranayam + Shatkarmas (body clening ) + asanas + meditation and strict observance of society ethics (yam and niyams ) makes your body and mind both healthy and wise, a must for entrepreneurs .