siliconindia | | April 20198Headquartered in Mumbai, BookMyShow is one of India's largest ticketing portal offering showtimes, movie tickets, reviews, trailers, concert tickets, events near you and many other features to its users.By Mitesh Shah, Head ­ Finance, BookMyShowhich is the one single word that gets quoted, used or pronounced (and some-times, abused!) the most in any cor-porate gathering? Yes, you nailed it ­ `GROWTH'. For a CFO, this word signifies the end objective of the en-tire organization's actions, and hence often finds place on his desktop or cabin walls to nag him constantly lest his focus deviates from it! The means for achieving this revered destination are multifold, subjective and varies from entity to entity in terms of prefer-ence. But one point which has been at the center of all management debates over the years is ­ which is the best path to get there? Is it through organic route ­ slow, steady and self-chart-ed path or inorganic route ­ Quick (well, perceived to be!) and Fancy, but expensive.This simple-looking binary choice is the most difficult conundrum for a CFO charting-out growth plans. While my professional colleagues at large conglomerates will have the luxury of allocating capital down the inorganic route effortlessly and frequently, but mid-sized entities & startups have to essentially look at a merger or acqui-sition as a `special event' given the limited capital pool and manpower resources at their disposal, as a failure here can get the organization limping behind on the growth curve chart. Business is the race to think ahead of time, but work with time. In this jet speed changing era, every com-pany needs a person to maintain the balance between company's growth aspirations and profits & returns. CFO here fits as the missing piece of puzzle. CFO of a mid-sized company is a visionary aligned with a plethora of functions. A key primary naviga-tor of CEO, running the house with-in a limited budget, encompassing full spectrum of likely scenarios & WCFOs CHOICE OF GROWTH PATH: ORGANIC VS. INORGANICIN MY OPINION
< Page 7 | Page 9 >