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7/30/2019 EDM Women Entrepreneurs
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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
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When women move
forward, the family
moves, the village moves
and the nation moves
- Pandit Jawaharlal Nehru
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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
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Economic independence
Establishing their own creativity
Achievement of excellence
Building confidence
Developing risk-taking ability
Motivation
Equal status in society
Greater freedom and mobility
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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)
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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
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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
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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
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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
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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
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Some colletions
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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
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PRODUCTS
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SAKTHIDEVI CHARITABLE TRUSTSAKTHI HOSPITALSAKTHI SCHOOL FOR MENTALLY
RETARDEDSAKTHI REHABILITATION CENTREVAZHIKATTI (GUIDE) PROJECTTREE PLANTATIONAID TO SCHOOLSPROJECT JEEVAN
SERVICES PROVIDED
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