Suresh Mansharamani Paving the way to Revolutionize MSMEs of India through his OKR Strategy
Every year we witness the continuous rise of small businesses in India. With the increase in the number of startups or companies, there is a high market competition where not all can reach their objectives and survive in the long run. The challenges compel many companies to shut down their operations, eventually letting the owners with losses and disappointments.
Suresh Manshramani, a highly experienced Business Coach, opines," "Every Business, be it small or medium, ought to have its goals and strategies. Yet, Business expectants are not completely trained to set their goals and strategies. If the technique of planning, setting goals and framing strategies go wrong, no business will have positive results."
However, how can a Business aspirant know that his planning process and executing his ideas with strategies are on the right track? In a brief talk with Coach Suresh Mansharamani, we learned more about the challenges and must-needed solutions to help small businesses grow with exceptional strategies.
According to Business Coach Suresh Mansharamani, OKR Strategy is the only best approach to Revolutionizing MSMEs of India.
Dr. Suresh Mansharamani says,
All thriving businesses begin not only with ideas but with the proper execution of ideas. Therefore, it is crucial to understand how one can check if they are executing their ideas correctly and planning the route without flaws, along with the strategies on the right track.
Dr. Suresh Mansharamani states that every entrepreneur or business aspirant must have a strategy to execute his ideas. Without any specific method, one can never know if the steps are correct or incorrect. OKR Coach Mansharamani opines if an entrepreneur has a fixed plan, they have to follow the procedure and implement the strategies; if anyhow, they are out of the track, their strategy will bring them back to track. He further affirms,
"OKR strategies or frameworks are the survival kit for all small and medium businesses."
Now, many may wonder what OKR is actually.
Dr. Suresh Mansharamani gives an insight into OKR and defines that OKR refers to Objectives and Key Results, a framework implemented by all flourishing companies or business firms. He cites companies like Google, which started with OKR, and today their success stories need no mention. OKRs lead to rewarding results at small and medium business firms as they present a unique and stimulating vision where a team heads toward the firm's goals and missions. He highlights that OKR trains us to determine the objective of a business and align it throughout the Business and channelizes the team to accelerate the growth of the Business.
Dr. Suresh Mansharamani is famous as India's first and best OKR Coach. When asked about his journey, he lets us know that he taught MSMEs and people associated with small businesses as a Business Coach. Mentor Mansharama constantly researched and still researches new and practical strategies to help the MSMEs prosper. He made it a point to meet and discuss with Business leaders of reputed companies like Google, Walmart, and many such companies and noticed that the leaders and their teams are very aligned toward their goals and commitments, whereas MSMEs carried a different picture. The MSMEs' owners and employees are spotted walking on two different lanes, thus making their goals unachievable. Although they aim for significant profits, they must lead the entire team toward reaching the same goal. Somewhere, the purpose needs to be included.
Business Coach Dr. Mansharamani cites an excellent example: If four oarsmen row a boat in four different directions, the boat will never move ahead; instead, it will circle in and around the same area. Here small businesses suffer.
He states, "I studied the differences and learned OKR to be the best solution to these amateurish business enterprises. When I began implementing OKR strategies in small and medium entrepreneurs, I saw enormous success outcomes. In 90 days, I found them quadrupling their turnovers."
Suresh Mansharamani avouches that every Business, whether it is small or medium, must set its goals and strategies. This is not an unknown factor, but Business aspirants need to be fully trained to establish their goals and strategies. If the procedure of planning, setting goals, and making strategies are not positioned well, no business will have rewarding results.
When should an entrepreneur begin OKR lessons, actually? Dr. Suresh Mansharamani affirms that every business aspirant must learn and set OKR at the beginning of the financial quarter, although it is a continuous application throughout the Business. He states, "There is no specific or perfect time; learn as soon as you begin your venture."
Many may need clarification on whether it is really challenging to implement OKR strategies. Buisiness Coach Suresh Mansharamani's words are indeed enlightening,
"Every venture is a challenge. And the path to making our venture successful is challenging, of course. Where don't you face challenges? Our life itself is a big challenge."
However, Coach Mansharamani clarifies that OKR is flexible and easy to follow. A leader must be trained to apply this framework because every Business starts with an idea, and to craft his concept successful, they must know the art of executing the ideas. And OKR is a solution to this.
It was indeed very illuminating to have such informative views from Dr. Suresh Mansharamani. Learning is a life long journey, and young entrepreneurs have much to learn from him. So we asked him about a vital suggestion he wants to give aspiring entrepreneurs regarding OKR.
Dr. Suresh Mansharamani puts forth,
"Technically, any organization can work on OKR and succeed. However, the small and medium-scale enterprises, due to their novelty and initial years in the market, have more potential to turn the game by being objective and key results oriented. They may lack the required management methodologies as they just stepped in, but what makes such SMEs stand out in the competition against the giants is just working on the Objective Key Results model."
Dr. Suresh Mansharamani is a very reputed Business Coach conducting workshops on OKR and training many booming business leaders. Dr. Mansharama is India's exclusive OKR (OBJECTIVE KEY RESULTS) coach. He has cultivated his charisma over thousands of ardent entrepreneurs and business owners by virtue of his proven modus operandi for escalating their profits.
Suresh Mansharamani considers people to be the agents of change in any country.
India's only OKR Business Coach Suresh Mansharamani offers counseling, coaching, resources, an atmosphere, and a community for entrepreneurs to prosper through his highly esteemed Networking Platform, Tajurba. He is also into blogging, specifically on OKR and other Business tactics, to guide and keep the rising entrepreneurs of India updated and aware of all Business Developments and Knowledge.