edm women entrepreneurs

7/30/2019 EDM Women Entrepreneurs

1/17

PROJECT

ON

ENTREPRENEURSHIP DEVELOPEMENT

Topic : women entrepreneurs in family

business {sakthi masala}

By

:

MANU K A

PR11MS1071

1ST YEAR MBA

E SECTION

SUBMITTED TO:

Dr.S.Karthikeyan


2/17

When women move

forward, the family

moves, the village moves

and the nation moves

- Pandit Jawaharlal Nehru


3/17

As a confident, innovative

& creative woman capable

of achieving self economic

independence individually

or in collaboration, generates employment opportunities

for others through initiating, establishing and running

the enterprise by keeping pace with her personal,

family and social life


4/17

Economic independence

Establishing their own creativity

Achievement of excellence

Building confidence

Developing risk-taking ability

Motivation

Equal status in society

Greater freedom and mobility


5/17


6/17

Consortium of Women Entrepreneurs of India (CWEI)

Federation of Indian Women Entrepreneurs (FIWE) Federation of Ladies Organization (FLO)

Womens India Trust (WIT)

Cent Kalyani of Central Bank of India Credit Schemes

National Bank for Agriculture and Rural Development

(NABARD)


7/17


8/17

Two or more extended family members influence

the business through the exercise of kinship ties,

management roles, and ownership rights, and/or

Which the owner intends to pass to a family heir

Various definitions:

1. Structural definition

2. Process definition


9/17

BUSINESS

FAMILYOWNERSHIP

BUSINESS: start up, expansionand maturity

FAMILY: young business family,entering the family business,working together, passing thebaton

OWNERSHIP: controlling owner,sibling partnership, cousinconsortium


10/17

Lack of focus and strategy

Lack of professionalism

Inability to separate the familys interest fromthe interest of business

Nepotism in family

Sibling rivalry in the family business


11/17

Formulate policy framework and rules

Families must serve the business

There should be future outlook Family members should be accountable

Issues should be addressed

Create shared vision


12/17

SAKTHI MASALA the Queen of spices as the household name,

Mr.P.C.DURAISAMY, the Founder of the Company was a small time

turmeric trader, from Perundurai near Erode. He founded SAKTHITRADING COMPANY in 1975 .

The person who stood behind him for all his achievements was his

business partner and understanding life partner Dr.SanthiDuraisamy, the Director of the Company.

SAKTHI TRADING COMPANY has transformed into SAKTHI MASALA

PRIVATE LIMITED named after its brand name SAKTHI in 1997

STORY OF SAKTHI MASALA

THE SPICE


13/17

Some colletions


14/17

India can now boast of a global presence in the

International Spices Markets, commanding more than 20%of volume traded. No other country has such a wide arrayof Spices ranging from cumin and Fenugreek to Cardamom& Pepper.. This exotic spread has fetched us good moneytoo.

Indian exports have achieved a milestone in catering to theInternational demands, for this segment, Indian currypowders ( with truly South Indian, North Indian flavour)perhaps give them the feeling of " home away from thehome".To fulfil the needs of the Indian Community outside Indianas well as the International Community, the companyProduct are made available in the Market in manyCountries of the World. ' Sakthi Masala' Products areexported to Countries like USA, UK, Singapore, Kuwait,Australia, New Zeeland, Hongkong, France, South Korea,

Muscat and Canada.

International Favourites


15/17

PRODUCTS


16/17

SAKTHIDEVI CHARITABLE TRUSTSAKTHI HOSPITALSAKTHI SCHOOL FOR MENTALLY

RETARDEDSAKTHI REHABILITATION CENTREVAZHIKATTI (GUIDE) PROJECTTREE PLANTATIONAID TO SCHOOLSPROJECT JEEVAN

SERVICES PROVIDED


17/17

edm women entrepreneurs

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