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PofE 057: Strategic Management Consultant Ram Charan Knows How To Execute Business Strategy

The-words-What-Now-asking-questions"When one door closes, another opens; but we often look so long and so regretfully upon the closed door that we do not see the one which has opened for us." by Alexander Graham Bell 

Background and Challenges:

  • Ram Charan was born in 1939, the six of seven children in Uttra Pardesh India, which is located in northern India near the Himalayan Mountains. As a child he a grew up in a second floor home which had no indoor plumbing or electricity. He also pumped water from an outdoor well and collected cow dung to burn in his Mother's oven. 
  • While working in the family business, Ram develop the habit of consolidating everything he learned each day onto a single sheet of paper. He was also guided by the values he learned while studying the Sanskrit literature. He learned the value and benefit of hard work and that mastery had its own reward.

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PofE 056: Ray Kroc's Small Business Ideas Created a Process Driven Fast Food Franchise

Group-Of-Teenagers-Sitting-Out"No one can possibly achieve any real and lasting success or 'get rich' in business by being a conformist." by J. Paul Getty

Background and Challenges:

  • Born on October 5, 1902 in Oak Park, Illinois to Rose and Louis Kroc. Rose was a competent pianist and encouraged her son to develop a love for music.
  • He demonstrated an entrepreneurial trait year in life when he started a music store with his friend, which went under, due to lack of capital.

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