Vaibhav Maloo is a member of:
The Journey So Far:
I joined Enso during my college days when it was founded by my father in 2005. I took a couple of years out of my college life to help establish the company and thus, became a part of its growth. I stepped down from the position of MD earlier as I felt I needed to train myself a bit more and then finally was offered the post again, becoming MD again in 2013. Enso has already seen ups and downs in its short journey of over 8 years and today, has emerged a large conglomerate in India being valued at over USD 8 Billion with each of the group companies employing over 3000 people and having a strong footprint in major sunrise sectors such as Oil and Gas, Mining, Healthcare, Solar and few other SMEs that the group has.
The Decisions That Matter
One of the most important decisions I made along the way of my career was naming the company Enso. Its a short and sweet name that has a profound meaning. It stands for powerful words such as Enlightenment and the Universe. Our tagline "Enlightened Living" is also an inspiration from the same name. Taking the group global has been easy and has happened very fast and we hope to keep growing.
Corporate Governance, Management, Business Strategy
Mr.Ratan Tata for his ethical business practices and Mr.Lakshmi Mittal for his global outlook in an era where no Indian had gone that route.
I am one of the key decision makers in my organization and am instrumental in the expansion of the group outside of India. Aside from that, there are operational issues which come to me and we usually consult one another without hierarchical difference and resolve them.
Plans For The Future:
I see Enso as a giant name and a bigger success story than it is today. Therefore, I see my growth linked to that of my Group.
Financial Times, Wall Street Journal, Financial Express, Outlook, Economist..I recommend reading Malcolm Gladwells books.
Degrees That Matter:
I got a Bachelor of Science in Business Administration from Carnegie Mellon University and a Postgraduate Diploma in Global Business from University of Oxford.
Involvement in the Industry
1. Takeover of Russian oilfield and integrating with out operations 2. Getting Punjab and Maharashtra healthcare PPPs. 3. Planning the marketing and brand recognition of the group that is going to be launched early next year.
Healthcare PPP we are going to implement in Punjab and Maharashtra State of India.
Working Life Management:
I usually exercise, connect with close peers in the evening and catch up with news and current affairs daily to stay up to date.
I read a lot, especially inspirational autobiographies.
I grew up in a Marwari business family where my father is a first generation entrepreneur and mother is a housewife. We had always been encouraged to take academics seriously and both me and my sister Garima studied well. She is a Marketing MSc from Warwick University and she has done a fashion PG Certificate course from London College of Fashion. Her goal is to get into the fashion industry and we are helping her do that. My Grandfather was a Senior Executive with RPG group and my paternal uncle is a businessman himself. My grandfather now practices his hobby as a hindi poet and has 2 books to his name.
Advice For New Professionals:
I think you should associate with corporations and institutions of repute and that foster excellence because you will grow only if there is meritocracy and transparency. Do not be swayed by lucrative financial offers but do what feels right. There is an immense load everyone carries on themselves today and one of the responsibilities is to help move the nation forward. I carry that burden too and only by being ethical in your daily practices can you make a difference. One lamp can enlighten a whole room.
I have always been at this job and frankly working for family business inspires and motivates me. My job is similar to the MD of any large group wherein I am the MD of the Steering Committee, the Audit Committee and am responsible and answerable to the Board.