SESSION 3 - CA Sri Lanka · SESSION 3: Rethink the Contemporary Entrepreneurship By Kushan...

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SESSION 3: Rethink the Contemporary Entrepreneurship By Kushan Kodituwakku, Managing Director, Orange Electric

Transcript of SESSION 3 - CA Sri Lanka · SESSION 3: Rethink the Contemporary Entrepreneurship By Kushan...

SESSION 3:

Rethink the

Contemporary

Entrepreneurship

By

Kushan Kodituwakku,

Managing Director,

Orange Electric

SESSION 3:

Rethink the Contemporary Entrepreneurship

"A Company,

A Dream,

A Reality "

SESSION 3:

Rethink the Contemporary Entrepreneurship

• Orel Corporation commenced its operations 30 years ago as an Australian- Sri Lankan JV.

• Orange Electric came into the lime lite following the demerger from CLIPSAL in 2004.

• Today, Orange Electric is a 100% Sri Lankan Company.

• A global export presence in 15 countries with a turnoverexceeding Rs.7 billion.

• Four state of the art manufacturing facilities with a staffstrength of 1200 employees.

Corporate Overview

SESSION 3:

Rethink the Contemporary Entrepreneurship

Our Values

Never give up

Have lots of energy

Be patient

Always tell the truth

Learn to let go for greater good

The ultimate learning comes from our own experiences

Cultivate the highest moral values

Be kind

Inculcate generosity

Develop equanimity

SESSION 3:

Rethink the Contemporary Entrepreneurship

Vision:

“To Create a Billion Dollar

Global Electrical Brand”

Mission:

“To Help People Add

More to Life with

Electricity”

SESSION 3:

Rethink the Contemporary Entrepreneurship

SESSION 3:

Rethink the Contemporary Entrepreneurship

A Bit About Myself

Studied at D.S. Senanayake College, Sri Lanka.

Secondary education at United World College,Singapore.

University education in the United States of America.

Graduated as an Industrial Engineer from theUniversity of New Heaven in Connecticut.

SESSION 3:

Rethink the Contemporary Entrepreneurship

The First Crisis

Father’s demise in 1995

Burden of taking the company forward

Taking one day at a time

stocks, debtors, sales and creditors.

Light meter to the light bulb and everythingin between

SESSION 3:

Rethink the Contemporary Entrepreneurship

The Recovery

Unveiling new vision to be a billion rupee by year 2000.

New team.

Ten times growth in 5 years

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Rethink the Contemporary Entrepreneurship

Technology Revolution

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Rethink the Contemporary Entrepreneurship

Technology Response

18 million pcs of Switches

7.2 Million pcs of CFL’s

2.5 Million pcs of MCB’s

Uses Lean Manufacturing and TPM Systems

720 tons of Cables

18 Production Lines

685 Staff in manufacturing

3D Printing

SESSION 3:

Rethink the Contemporary Entrepreneurship

The Second Crisis

SESSION 3:

Rethink the Contemporary Entrepreneurship

The Global Expansion

•Pakistan• Nepal• Myanmar• Singapore• U.K• Cambodia• Bangladesh• U.A.E• India• Maldives• Seychelles

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Rethink the Contemporary Entrepreneurship

The Import Substitution

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Rethink the Contemporary Entrepreneurship

Going Green

SESSION 3:

Rethink the Contemporary Entrepreneurship

My Leadership Model

ROTC

To make quick decisions without having all information.

Principally centered leadership

SESSION 3:

Rethink the Contemporary Entrepreneurship

Light For You, Sight For Me - CSR

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Rethink the Contemporary Entrepreneurship

Breakthrough Technology

BPO

Self-driving vehicles

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Rethink the Contemporary Entrepreneurship

Our People

NLP Training

Yoga

Karate

Meditation

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Rethink the Contemporary Entrepreneurship

Catch Me If You Can

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Rethink the Contemporary Entrepreneurship

Our Financial Perspective

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Rethink the Contemporary Entrepreneurship

"1st Generation builds the

business,

2nd Generation enjoys it,

3rd Generation re-invents

it for the next"