Ramblings of an Insomniac

Manager vs Entrepreneur

Guess what! Ambanis climb over Bijmohan Lal Munjal (Hero Honda) to claim the top slots for the highest grossers in corporate India. After separating from RIL, Anil drew his remuneration from his parent company which, being equal to the remuneration of Mukesh, totalled to 21.9 crores p.a. Munjal is in the third place with 13.4 crores.
On the other hand, Vivek Paul (Wipro's ex-vice chairman) leads the way for Professional Managers with a total remuneration of 7.53 crores p.a.

This shows the profitability of becoming an entrepreneur than a manager. Entrepreneur are obviously managers at the core. But what differentiates them from others is their risk taking ability and their vision. All b-schools focus on the part where we should make an optimal choice in a given situation, which calls for the path of minimum risk. But what they cannot impart is the knowledge of how to look into the future, how to take risks, how to search for potential markets for new profitable ventures. These and more are precisely the qualities what an entrepreneur wants.

It is said - for becoming a good manager, you should be born with the talent. I disagree. You can always become a good manager by learning or unlearning the qualities required for a manager. Instead, I would rather rephrase the adage as - for becoming a good entrepreneur, you should be born with the talent.


Here is a good site for people interested in Economics: www.rgemonitor.com
And it is free till October!

posted by Vamsee @ 4:48 PM