Mr. Valecha is currently the Country Head of Alcatel-TCL Communication Technology Holdings Ltd., a Chinese Telecommunication Company and brought onto the dais with himself invaluable experience from his stints as COO of Haier Telecom, Group Head of LG Mobile and also a healthy work experience in product launch earlier at Samsung, HCL and Philips. He spoke about the various forms of work environment and ethics at companies which are often influenced by the socio-cultural phenomena and practices in their parent countries like Korea (LG and Samsung) and Europe (Philips and Nokia).
The dynamic CEO introduced the students to the competitive landscape in the Telecom sector and spoke about brand building through detailed innovation and diversification as a growth strategy in what is turning out to be the most dynamic Indian industry segment – the Mobile Phone market. As Alcatel is coming out with its range of mobile phones in the market, Mr. Valecha spoke in detail about the strategy with which they plan to roll out their range of handsets in given the fact that the booming Indian telecom market is already flooded with all the top brands. The Speaker further shared with the students the skeleton of the new mobile phones launching strategy of Alcatel and how they plan to take on the already existing leaders like Nokia, Sony Ericsson, LG and others in the mobile handset market.
Apart from this, Mr. Valecha also encouraged the MBA (Management of Services) students to make the most of the growing opportunities in the Telecom sector, which now entails management tasks like product management & marketing, media planning & building brand loyalty in the market. The lecture was a rewarding experience for the students as many expressed their keen desire to join the Telecom sector. The closing remarks of the Speaker- “For success you have to change your thought process; have new approach to learn new things and differentiate yourself from others”- fired the students. This was another of the inspiring lectures in the series of Boardroom Guest Lecture Series organized by FMS MBA (MS) students.