Flying Solo

Sep 18

Waiting

Mr Satya Gottumukkala alumni BITS Pilani formerly of Anthelio Health care solutions and religare solutions now president at Eli global Hyderabad on entering the training room  said " this is not a class why are you all sitting at the desks?" Immediately there was migration of his staff to the other side. Having no one from the ASCI to guide us we were at loss initially as to how to break ice. Being a seasoned campaigner Mr Satya started of by introducing himself and subsequently all his staff also introduced themselves. As usual even the newest among them, Ms Thomas were very well qualified for the job they were to be doing at Eli global.

Jaggu Sivaram And GJ

Himanshu Sandhya And Thomas

Eli global started off by the founder Mr Greg Lindberg buying his first company (as the story goes ) on a credit card. The company was founded in 1991 in new haven Connecticut. They are mostly into health care - the logic being that health care goes up by 12-15% every year. The company employs 2500 persons world wide. The Hyderabad branch was opened on 18 May 2015. The number of employees at Hyderabad is about 200. Mr Satya is the president at Hyderabad and the thing which struck us most was his absolute belief in the task he was performing and his total trust in his team to deliver the goods. The long and short of the story of the company is that they take over and turn around companies - the bottom line being of course the profits in doing so. Their commitment is long term and is said to be about 30 years for all the companies that they take over. As mentioned earlier they are mostly into health care and are concentrating on ophthalmology. They have already cornered 40% of the US market in this respect.

The boss of the company and so it follows the employees are numbers focused. Mr Satya told us that the style of functioning of Mr Greg Lindbergh is hands off approach but with his eye on the bottom line. The philosophy being that business should always make money. A team of financial analysts is always on the look out for acquisition of new companies . For running these new acquisitions  they have a pool of leaders who can think out of box to provide impetus to these companies. The potential for growth - by revamping sales and marketing, the financial aspects and stress on structure are the few things that they concentrate on.

Mr Satya And His Staff

Continuing his briefing about the company Mr Satya said " for the improvement of the company the leadership bandwidth has to be good . It is for this reason that we take immense care while recruiting leaders. We look for a person who is aggressive , who is an entrepreneur and who can take risks. In fact I myself had to undergo seven rounds of interview." He told us of a manager who five years before had been recruited and was doing a sterling job. On being asked whether the company would go public , Mr Satya was shocked at the idea and said that " we would never go public for this would mean that we would have to play to the stock markets and in any case we would have lost focus on going public".An added snippet was that their oldest employee was 87 years old and was a counsel for the company.

Workplace Eli Hyderabad

Thereafter there being no further questions we were given a tour of the work place. The available space was admirably used to full effect and had all the facilities as required for attaining their goals . For the benefit of the employees there was a cafeteria and a sick bay. A gym would have been good - for a healthy worker is an inspired worker.

It was our first interaction with the corporate world without a chaperon from the ASCI accompanying us . We were struck by the work ethic of the organisation and especially its president Mr Satya . We take this oppurtunity to thank them forr an immensely instructive afternoon.

Jagpal Handing over the Memento To Mr Satya