MANAGEMENT MANTRA
MANAGEMENT MANTRA - “Don’t Discount Your Instincts” - Sanjay Ghare, Co- Founder & CEO, Vervotech
- Sharmila Chand
- Apr 06, 2024
Sanjay Ghare is a seasoned technology professional
with over 20 years of experience in implementing enterprise applications. Mr
Ghare is based in Pune and is the co-Founder and CEO of Vervotech, a leading
provider of travel technology solutions specialising in hotel accommodation
data. Prior to his role at Vervotech, Mr Ghare was vice-president of the software
as a service (SaaS) business at Tavisca, a division of JPMorgan Chase & Co,
where he had honed his expertise in the travel technology domain for over a
decade. He has been an active member of prestigious forums such as the Forbes
Tech Council and various national technology forums, contributing his insights
and expertise to the industry. In an interesting conversation with Sharmila
Chand, the Vervotech CEO speaks about his management principles and
practices that have helped him succeed in the world of business.
What
are your five management mantras?
·
Giving autonomy
to managers and trusting their expertise fosters a sense of ownership and
accountability within the team, leading to better outcomes.
·
While data is
essential for decision-making, it is equally important not to discount your
instincts, as they often provide valuable insights that data alone may not
capture.
·
Investing in the
workforce through training, development and support creates a motivated and
skilled team that drives organisational success.
·
Cultivating a
positive team environment promotes collaboration, innovation and overall
productivity.
·
Celebrating
small victories and milestones along the way fosters a culture of appreciation
and motivation within the team.
Do you
play any game that helps you in your career?
Yes, I play cricket, and I find it incredibly
insightful for my work. Cricket teaches me that I am only as good as my last
performance, emphasising the importance of consistency and continuous
improvement. Every time I step onto the field, I strive to be at my best,
knowing that my intent and effort count towards achieving success.
Would
you share with us the turning point in your career?
A significant turning point in my career was when I
made the decision to leave my job and venture into entrepreneurship with
minimal backup resources. It was a risky move, but it ultimately led to the
founding of Vervotech and has been instrumental in shaping my professional
journey.
What is
the secret of your success?
I attribute my success to a combination of hard
work, effective relationship management and the ability to foster meaningful
connections within my professional network. These elements have been crucial in
driving both personal and organisational growth throughout my career.
What is
your philosophy of work?
My philosophy of work centres upon finding
satisfaction in my endeavours before calling it a day. Whether it is completing
a project, solving a problem or making progress towards a goal, I believe that
personal fulfilment and a sense of accomplishment are essential aspects of a
fulfilling career.
Is
there any particular person you admire who has inspired you?
I greatly admire Sridhar Vembu for his remarkable
achievements in scaling up technology solutions globally while maintaining a
sound business model and ethical practices. His journey and accomplishments
serve as a constant source of inspiration for me, motivating me to strive for
excellence in my own endeavours.
What is
the best advice you got?
The best advice I have received is to trust my
instincts and intuition, even when faced with data-driven decisions. I have
learnt that the most impactful decisions often stem from a combination of
analytical reasoning and gut feeling, highlighting the importance of embracing
both aspects in decision-making.
Who is
your sounding board?
My team serves as my sounding board, providing
valuable insights, perspectives and feedback that help me make informed
decisions and navigate challenges effectively. Their collective expertise and
collaboration are invaluable assets in driving organisational success.
What
are your favourite books and why?
One of my favourite books is Creative Confidence by Tom Kelley and David Kelley. It challenged
me to think differently and embrace creativity in both my personal and
professional lives. The book underscores the importance of innovation and
encourages readers to unleash their creative potential, inspiring me to
approach challenges with an open mind and a willingness to explore new ideas.
What is
your fitness regime?
I remain fit through active sports, prioritising
physical well-being as an essential aspect of maintaining overall productivity
and mental acuity. Engaging in regular physical activity not only keeps me
healthy but also helps me stay focused and energised in my work.
What
are your five mantras for success?
·
I believe that
finding passion and excitement in the process is the key to sustained
motivation and dedication.
·
Building lean
and agile teams fosters adaptability and innovation, enabling organisations to
thrive in dynamic environments.
·
Prioritising
profitability and sustainable growth over vanity metrics ensures long-term
success and value creation.
·
Embracing
challenges and taking calculated risks foster growth and resilience, driving
continuous improvement and innovation.
·
Cultivating a
culture of learning and experimentation promotes personal and professional
development, enabling individuals and organisations to adapt and thrive in
ever-changing landscapes.
What
message on management you would like to convey to youngsters?
To young professionals, I would advise not to be
overly fixated on long-term planning but rather focus on continually improving
and experimenting in their careers. Embrace opportunities for growth, learning
and exploration, and do not shy away from taking risks or pursuing
unconventional paths. Success often lies in the journey, not just the
destination.
Lastly,
how would you define yourself in one sentence?
As a technology professional, I am primarily driven
by instincts and emotions, recognising the importance of intuition and empathy
in my approach to work and leadership.
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