Interesting account of a construction services entrepreneur who, along with his co-founders quit EPC giant Larsent & Tubro 14 years ago, to create what is today a highly respected, Rs.2,000 crore publicly listed entity. The company had raised capital from leading Private Equity investor Ascent Capital in Mar-06 and completed a successful IPO in Sep-07
- The Venture Intelligence Team
- The Venture Intelligence Team
R. Sarabeswar, Co-founder, Chairman & CEO of Consolidated Construction Consortium Limited (CCCL) (Bio)
Speech and interaction with students at the Department of Management Studies IIT-Madras on April 15, 2011.
"We take up assignments that others run away from. When it comes to very complex and difficult structural engineering jobs, we ensure that the architects would think of us first."
- "To Survive, use your Brain; To Hire, use your Heart."
- "Starting out during a recessionary period, in other periods, you can be very successful."
- "Having a Founding team with complimentary skills was key to our success"
- Develop freshers vs. making lateral hires
- Key for services business: Infrastructure capabilities and deep relationships with the clients.
Civil Engineering Specific:
- A generation of Civil Engineers gone missing
- "Experienced Civil Engineers get paid better than their IT Peers"
- "A Project Manager should be like the Captain of a Ship"
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View photos from the interaction here
