Each one of us dreams of building a business of our own someday but there is none like Nand Kishore Chaudhary, MD and Chairman of Jaipur Rugs, who is also known as the 'Gandhi of the carpet industry'. And rightfully so! In his entire journey, he was shunned by society, threatened, lost and in dire straits but he never let go of his belief to let goodness, fairness and most importantly, love prevail in his business. Even as a student when he was asked to define business, his reply was, 'It is next to love.'
At People Matters TechHR India conference in August, Chaudhary in his keynote session, 'Age Of The Modern Leaders', took us along on his own journey at the University of Hard Rocks of Life, where his true education began 44 years ago.
At a time when everyone was looking for a stable job to sustain themselves, he declined a well-rounded government job to find his passion and built a business that connected the poorest of the poor to the richest of the rich. It wasn't an easy journey, he had to go against all odds and bet on his values and principles as he conquered one obstacle after another to build Jaipur Rugs, a business that combines kindness with the pursuit of profits in a manner that is beneficial to all artisans, stakeholders, consumers, employees, suppliers and buyers.
We dive deeper into the life of Chaudhary and what makes his business model so popular among authors like CK Prahalad and Raj Sisodia, among others.
Channelling your passion into business: The beginning
هذه القصة مأخوذة من طبعة August 2022 من People Matters.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة August 2022 من People Matters.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
How Digital Transformation Can Power The Great Reset
Technology has the potential to serve as the key enabler of change between digitalising administrative tasks and fostering human connections
The Crypto Meltdown Of 2022
FTX implosion: A setback, but not the end for the crypto market
Govern Pre-IPO Unicorns to Create Value; Not Valuation
Billion-dollar startups always make the headlines. But is there true value behind those eye-catching valuations? How can proper governance be implemented for these much-hyped companies?
On change and change management
The best way to end the year, especially such a disrupted one as 2022, is by laying the groundwork for the year to come. Michelle Yong, Head of Resourcing at Shell, offers some insights on change management to bring us forward into 2023
The Great Reconnection: A paradigmatic moment for employers and employees
This year has not been a good one for employee retention. The Great Resignation, originally thought to be a US phenomenon, has emerged in Asia now. But is there a way to turn it into the Great Reconnection?
Lessons Managing in leadership: a global hybrid team
What takeaways can we draw from the pandemic? Fatima Koning, Chief Commercial Officer at IWG, shares what the last five years have taught her about managing a global sales team across 120 markets in the hybrid model
Eight HR trends that we saw throughout 2022
As companies manage their workforces in a dynamic era, HR departments have continually adapted and adjusted, and never more than this year as digital acceleration and workplace evolutions came together
One way to turn the tide of employee retention
There's a surprising link between skill development opportunities and job satisfaction. Here are some ways of boosting skilling and thereby talent retention
A key focus for L&D going into 2023 should be business alignment
Venkat Subramaniam of Degreed believes that learning is core to business success and organisations need to invest in the right processes and technologies to adapt to continuous change
WOMEN IN LEADERSHIP CAN BE GAME GHANGER FOR INCLUSIVE FUTURE OF WORK
BREAKING FREE FROM THE STEREOTYPES IN THE INSURANCE SECTOR, PAMELA THOMSON-HALL SHARES HER JOURNEY OF BEING A CHAMPION FOR WOMEN AND BRINGING ABOUT A CHANGE IN A MALE-DOMINATED INDUSTRY