111 Startups hosted another event to educate startups about importance of Human Resource in startups

Cyber Journal 24, October 13, 2016

By Nitten Gokhaley 

As pointed out by some research scholars, a startup is basically an idea that has the potential to be converted into successful services, products with minimum investment. Human Resource plays a key role at various stages in success or failure of any given startup. In order to discuss the importance and various aspects of the Human Resource, 111 Startups had recently organized an event.

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Mentors, investors, and enthusiasts from more than 75 startups attended this event that took place on October 1, 2016. The event started with interactive networking and refreshments session. Entrepreneurs as well as those on their way to turn entrepreneurs used this opportunity to share ideas, problems, and solutions for a variety of issues.

The second session was conducted by Vikrant Bhujbalrao, the head for 111 Startups. He interacted with participants and shared about 111 Startups and the not-for-profit approach. He also shared some interesting facts about the reasons behind failure of startups.

Should any given startup hire and pay skyrocketing salaries of delivery boys, or should the startup outsource its deliveries to the hyperlocal B2B players? Taking such decisions can be complicated. This is what the third session during the event was focused on.

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Ashok Bildikar

Ashok Bildikar took time and shared his experience about startups, the importance of HR at different stages of startups, and spoke extensively about HR outsourcing.

The last part of the event was Q and A, about HRO, as well as a brainstorming session. Keep visiting the site for videos from the event.

About Ashok Bildikar

Ashok is an inspirational leader with a strong background in HR Outsourcing (HRO). A five-time HRO Superstar and widely acknowledged, he is passionately pursuing his vision to make Neeyamo “power” HRO worldwide.

He started his career with Philips in 1979 and over the last 35 years, has worked with a wide variety of technologies from mainframes to Web 2.0. Before starting Neeyamo in 2009, Ashok held various leadership positions in organizations like DSQ (1992-1998 – Top 10 IT company in India in 1998) and Hexaware- Caliber Point (1998-2009). He constructed path-breaking deals with Exult (now Hewitt), NorthGate (now NGA), Peoplesoft (now Oracle), Standard Chartered HRSSC amongst others to design, build and execute on a global delivery model successfully, in the process growing revenues from $50Mn to $256 Million. He is known as an innovative dealmaker and has helped generate millions of dollars in value for his clients. He is an MBA from Symbiosis and is a Physics graduate from Pune University.

About 111 Startups

An initiative into empowering tech startups through mentoring, funding, validating, co-working and connecting right people at right time. It is an initiative of Mobisoft Infotech and Pesh Group. It is a community of angel investors, successful entrepreneurs, technocrats, and thought leaders who wish to contribute towards the startup ecosystem.

 

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