KB 98 Actualized Retirement

TH I S MONTH F EATURE S . . .

Yashwat Desai brings out the subtle but true meaning of actualized retirement. TETE-E-TETE Chandrakant Tuplondhe gives tips to plan retired life. OD ENTHUSIAST’S ORATE Crisp pointers for making your retirement an actualized career. ATYAASAA SPEAKS

KNOWLEDGE ISSUE NO 98 | SEPTEMBER 2016 A H U M A N R E S O U R C E N E W S L E T T E R

BEANS

TETE-E-TETE

ACTUALIZED RETIREMENT -THETRUEMEANING

THE EDITOR’S MESSAGE The theme for this month focusses on ‘ Actualized Retirement ’. Superannuation is inevitable with age. However, while approaching this milestone in life one goes through a host of emotional upheavals. If not dealt with consciously with adequate planning and careful considerations one may head towards disaster not only for self but the entire family. There are sure shot ways of leading a life in an actualized manner and garnering the much desired self-contentment. The topic for next month is ‘ Women Self - Empowerment ’. From time immemorial, women have continued to get identified and treated as an inferior gender fostering

inequalities. World over there have been fewer exceptions to this phenomena. Concerted initiatives on women’s empowerment have seldom borne expected success. Real success though will come only and only if women become self-empowered. Drastic changes in the core within them will facilitate their true empowerment. If you share a passion for the topic, have a flair for writing and would like to share your views, you can send us a 350 word article with your brief profile along with your photograph in jpeg format to atyaasaaeditor@atyaasaa.com

Yashwant Desai, Managing Director, Perennial Technologies, is a first generation entrepreneur leading an immensely successful venture in the power sector. An alumnus of the Government of Engineering Karad, he rose phenomenally in an organization which is a leader in the manufacturing of diesel engines, agricultural pump sets and generating sets before starting his second innings. While wearing challenges constantly up his sleeve, he nurtures the dream of creating wealth for the nation and creating value for the people around him even if they may be remotely connected.

Why and when did you exit from the corporate world? When I stepped into the corporate world, my only urge was to become an entrepreneur. This decision was made in my late 30’s. My first venture did not work out due to the differences in the value system between partners.‘Failures are stepping stones for successes’, proved right in my case and in 2004 at the age of 44, I started my own business venture from scratch and made it reach the growth phase in two years. Did the fear of risks involved in your second innings deter you? What motivated you to keep moving? I shared the fear that any upcoming entrepreneur has and that was of raising capital. I strongly believe that remunerating people on time is a valuable practice. This practice led to my vendors becoming my partners which solved many issues. next page

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