Namrata Dhasmana

Unicorn Leadership
People Matter- Global
July 29, 2021

My Articles in Global HR Magazine People Matters online have touched views 3.2K read. A thought Provoking question on the versatility of Leadership.

D&I at business strategy Level
People Matter- Global
March 17, 2021

Some facts in increasing inclusivity on Diversity.

Strategic HR, Unicorn Leadership, D&I
People Matter- Global
December 02, 2020

My Articles in Global HR Magazine People Matters online have touched views 7K as well.

Governance in Entrepreneurship
BRICS RESEARCH CONFERENCE 2022
April 03, 2022

With the global economic crisis, there is a need to have a global shift on governance aspects of Entrepreneurship. Governance not only regulates entrepreneurship but also gives sustainability to entrepreneurship and that is how a boost to the economic recovery.

Scaling Up Entrepreneurship
PNGI
April 01, 2022

Entrepreneurship -From Ideation to Diversification
“Build your own dreams, or someone else will hire you to build theirs”-
Farrah Gray
Being an entrepreneur is taking a journey of the heart with a “Never Say Die Attitude”. And just like everything, having your own startup also begins with planting a seed in mind. An entrepreneur mindset creates opportunities in the world’s failing system. Even the most intellectual individuals do not dare to think of having their own startup. The fundamentals of the mindset of a startup is to identify the seed of mind which is developed from the ideation phase to the execution phase. Entrepreneurship is in vogue and is a way for wealth creation in our country. With more entrepreneurs, we have more boosts in the economy. It is easy to stay in a familiar, but an entrepreneur mindset explores the unknown and improves the financial health of the economy.
Who would have imagined a 17-year-old boy who started his career as a clerk, could ever become an Entrepreneur Yes!! No one else, but the Indian Industrialist Dhirubhai Ambani, founder of Reliance Industries and the first privately owned Indian company which got featured in the Fortune 500.
He started his business by trading spices and diversified and expanded his business with a business model of having a lower margin of profits than his competitors.
On the other side, great business tycoon Mr. Ratan Tata worked along with blue collared employees in TATA Steel and learned from shoveling limestones and handling blast furnaces and soon with his innovative mindset proved instrumental in making TATA motors listed on New York Stock exchange.
Both these Leaders when started building their empires had a mindset of Growth which was an enabler to creating entrepreneurship and then gradually scaling it up and emerging with a differentiator in the industry.
Envisaging Start Up Mindset of a Youth
The government has announced the setting up of at least 50,000 new startups, 500 new incubators, and 100 innovation zones by 2024- Under the new policy of 'Startup India Vision 2024', our youth
The journey begins in mind. Yes! It is not going to be overestimated if I say that intangible resources play an important role than tangible ones when it comes to mindset. When the soul starts to look for a Purposeful Life, that’s the time the journey of the mindset begins. Broadly, these 4 steps will help a youth getting them in thinking mode when they are getting inspired to begin their Start-Up.
Ideation – Everything begins with an idea. But don’t fall so much in love with your idea that you forget what value add you are giving to your customer segment. Just go ahead and do it, else most of the brilliant ideas remain in this stage only due to inherent thoughts of risk to begin the journey of entrepreneurship.
Execution- It’s a game of Design Thinking vs System Thinking. Know the people whom you want to impact. Understanding their pain areas and being a differentiator is the construct of an Idea. The execution can be isolating and exhausting as it will also give you a reflection on yourself to manage and change some of your own behaviors to have better stakeholder management.
Scaling up The next big step is to scale up your product/business. The most important thing. How to take it up to achieve break-even point and then begin with wealth creation for others.
Diversification- This is when you have established your one product in the industry and now expanding in the industry and getting diversified. This step is a major one when the entrepreneurship journey takes its full shape and is all ready for expansion. With the shift in the workspace from physical to virtual this phase is very relevant to preventing your company to remain relevant and continuing in business. The diversification of your business reflects the stability of one business/product duly accepted by the customers and then the expansion and giving growth of the business.
KEY VALUES TO BE A WINNER
Value Add- The success of your entrepreneurial journey is when you find your target customer and create the value of trust within them. The trust is created by winning the sentiments of the customers and by creating value add to them. The best example is TATA and Amul. The work that they have done for the community and to the nation as a Nation Builder by touching the sentiments of their customer have kept them relevant in market and dominate the market. So, even if you start small, let it be a value add to the community. Wait for the returns as the loyalty and a larger segment of customers in return. An entrepreneur is always a value add to society.
Go Giver instead of Go Getter- I learnt this concept recently and have always applied this is my life. Being an entrepreneur must be a giver and creating job opportunities for other. Hence comes with a mindset of giving and then receiving. With giving as a mindset creates responsibility and servant leadership towards their employees and their start up.
RESPONSIBILITY OF GOVERNMENT AND EDUCATIONAL INSTITUTES-Governing entrepreneurial journey also comes with a responsibility towards developing and economic growth of the country. Where our economy is one of the youngest economies, we are still a developing nation and in coming years what most important is to develop the youth mindset morally robust that they even understand the value of Governance. The values of social responsibility along with building the nation economically should be a core value which should be taught to the youth at very early stages of life. Such teachings develop youth morally and culturally empowered.
CONCLUSION
Since the entrepreneur is a risk taker, they are the ones who enjoy the most at a later stage after husbanding resources and mitigating risks. The journey is nothing less than a roller coaster, but with varied experiences of profits and loss, mistakes, market intelligence and different business models. To keep this initiative of Start Up India sustainable and organic, the educational institutions also play a key role and should act parallelly.
About Author: - Major Namrata Dhasmana is a IIM L alumni with Strategy as her forte. She is a Award Winning Coach and have been associated brands like Vedanta, Wells Fargo and Genpact. She has been featured in Corporate Citizen for her second innings from military to corporate as one of the fewest successful transitions. A Gallup Professional and a Strength Finder Coach and in her third innings a budding entrepreneur to create job opportunities. Namrata is a blend of People, business and culture. She is a columnist in a Leading News Paper and Global People Matter. She comes with a social cause of Economic Development and youth development.
namrata_4_in@yahoo.com
6309265556

D&I at business strategy Level
The Shape of Work
March 17, 2021

Leadership and Team Building

Unicorn Leadership
https://attayn.co/Blogs
May 23, 2021

“True leadership is not wearing the crown to show others;

It is standing out in the crowd fearlessly and calmly by empowering others to put on the crown themselves.”

Yes! It’s a challenging attribute and so is Leadership.

Leadership is a responsibility of being unique!!

Like the Unicorn are true leaders mythical creatures or rare to find?

It took a pandemic to bring about a mindset shift to understand the importance of a leader and the need to call for attributes which were never emphasized upon.

True Leadership is the Need of Hour.

How and where does the Journey of development of Leaders to be a Unicorn Leadership begin?

Our learnings are mostly influenced by the place we are born as the socio-economic factors creates our belief system. The learnings and the beliefs need a mindset shift when we step out in the world,

And meet diverse people and see divergent perspectives.

Have we fully accepted this change? Are we adaptable to the mindset shift?

What stops us? What can we do to become better at what we do?

Fear makes us defensive till the time we continue with our fixed mindset.

The fear of socio-economic factors and not being acknowledged by others.

The moment we push our boundaries we create new perspectives and open the doors to develop our attributes.

Herein begins the journey!

In this path of evolution, people who realise their core values begin to lead their lives and practice SELF Leadership.

They evolve to be LEADERS.

To lead your life in every situation and giving Inspiration to others to make them also lead their life are attributes of Unicorn Leaders.

What are these Unicorn Leaders?

As Unicorn is a rarest animal and sometimes believed to be mythical, how do we ensure these rarest of the rare qualities forms a relevant part of our ecosystem.

Unicorn leaders are not very different and complex but live and lead their lives by being Self Aware with the utmost simplicity.

“Rarest of Rare is the Simplest of the Simple”.

“Any intelligent fool can make things better, more complex, and more violent. It takes a touch of genius- and a lot of courage- to move in the opposite direction”.

Albert Einstein.

Is Unicorn Leadership difficult to explore?

No, I don’t think so.

It is rare because of Instead of reserving the term ‘leader’ for only societal heroes like Martin Luther King, Winston Churchill Hill, or Nelson Mandela, it is also within everyone - if the journey of self development is done consciously. All we have to feel significant enough is to make a real impact on other people and live life for a larger purpose. It requires a small push to get onto the path of knowing self. This journey allows us to gain a wealth of experience.

A Unicorn Leader is mindful and a self-aware leader who have been leading her/his life with an influence of creating followers.

Why?

A Unicorn Leader is a Conversationally Intelligent Person who knows how to master her/his strong and impetuous senses.

These Leaders contribute in their capacity in doing righteous things for long term impact and sustainability in the ecosystem.

“I’ve learnt that people will forget what you said, people will forget what you did, but people will never forget how you make them feel”

Maya Angelou.

When a Unicorn Leader speaks to you the conversations trigger higher levels of dopamine, oxytocin, endorphins and other chemicals to give the other person a security of Trust and Openness and they feel at ease.

Our planet is constructed by various elements for sustainability. With unicorn leaders we are also taking a step to make our planet a better and inclusive place for all. Such leaders consider equality of education to remove various biases.

Unicorn Leadership is not an impossible thing to achieve but only need to be encouraged to reinforce positivity and create magic.

Unicorn Leadership is a lifestyle.

So, what do you think Unicorn Leadership- is it Mythical or Rare?

D&I at business strategy Level
The Shape of Work
March 17, 2021

Leadership and Team Building

Pay vs Purpose
People Hum
March 17, 2021

Value Based Leadership

Coach
Coach TV
November 10, 2020

My Interview in Coach TV- USA

https://www.stayfeatured.com/post/self-awareness-awakening-to-excellence-namrata-dhasmana
Stay Featured
April 01, 2022

Why do we give so much emphasis on Self Awareness? It is much more than one can ever imagine and taking a bigger leap in life.

Ms
People Matter
February 01, 2020

Namrata is a Multi-faceted Leader with immense knowledge and experience.
She drives her life with her moral values and loves writing, speaking and coaching on Leader and Leadership for larger impact in the society.

Relevance of Unicorn Leadership
Thinkers360
April 08, 2022