PROJECT ON ENTREPRENEURSHIP DEVELOPEMENT

Topic :

women entrepreneurs in family business {sakthi masala}

By :

SUBMITTED TO:

Dr.S.Karthikeyan

MANU K A PR11MS1071 1ST YEAR MBA E SECTION

 When women move forward, the family moves, the village moves

and the nation moves

- Pandit Jawaharlal Nehru

As a confident, innovative & creative woman capable of achieving self economic

independence individually
or in collaboration, generates employment opportunities for others through initiating, establishing and running the enterprise by keeping pace with her personal, family and social life

Economic independence Establishing their own creativity Achievement of excellence Building confidence Developing risk-taking ability Motivation Equal status in society Greater freedom and mobility

Consortium of Women Entrepreneurs of India (CWEI)

Federation of Indian Women Entrepreneurs (FIWE)

Federation of Ladies Organization (FLO)

Womens India Trust (WIT)

Cent Kalyani of Central Bank of India Credit Schemes National Bank for Agriculture and Rural Development (NABARD)

Two or more extended family members influence the business through the exercise of kinship ties, management roles, and ownership rights, and/or

Which the owner intends to pass to a family heir

Various definitions:
1. 2.

Structural definition Process definition

BUSINESS: start up, expansion and maturity FAMILY: young business family, entering the family business, working together, passing the baton

BUSINESS

OWNERSHIP

FAMILY

OWNERSHIP: controlling owner, sibling partnership, cousin consortium

Lack of focus and strategy Lack of professionalism Inability to separate the familys interest from the interest of business

Nepotism in family
Sibling rivalry in the family business

Formulate policy framework and rules Families must serve the business There should be future outlook Family members should be accountable Issues should be addressed Create shared vision

STORY OF SAKTHI MASALA THE SPICE

SAKTHI MASALA the Queen of spices as the household name, Mr.P.C.DURAISAMY, the Founder of the Company was a small time turmeric trader, from Perundurai near Erode. He founded SAKTHI TRADING COMPANY in 1975 .
The person who stood behind him for all his achievements was his business partner and understanding life partner Dr.Santhi Duraisamy, the Director of the Company. SAKTHI TRADING COMPANY has transformed into SAKTHI MASALA PRIVATE LIMITED named after its brand name SAKTHI in 1997

Some colletions

International Favourites
India can now boast of a global presence in the International Spices Markets, commanding more than 20% of volume traded. No other country has such a wide array of Spices ranging from cumin and Fenugreek to Cardamom & Pepper.. This exotic spread has fetched us good money too. Indian exports have achieved a milestone in catering to the International demands, for this segment, Indian curry powders ( with truly South Indian, North Indian flavour) perhaps give them the feeling of " home away from the home". To fulfil the needs of the Indian Community outside Indian as well as the International Community, the company Product are made available in the Market in many Countries of the World. ' Sakthi Masala' Products are exported to Countries like USA, UK, Singapore, Kuwait, Australia, New Zeeland, Hongkong, France, South Korea, Muscat and Canada.

PRODUCTS

SERVICES PROVIDED
SAKTHIDEVI CHARITABLE TRUST SAKTHI HOSPITAL SAKTHI SCHOOL FOR MENTALLY RETARDED SAKTHI REHABILITATION CENTRE VAZHIKATTI (GUIDE) PROJECT TREE PLANTATION AID TO SCHOOLS PROJECT JEEVAN