Vijay Eswaran is one of the most successful businessmen of our time, and he has had an illustrious career in international business. He is currently the CEO of QI Group and a member of the board at PepsiCo and MasterCard. His business insights have been featured in Forbes, Fortune, The New York Times and Huffington Post, just a few publications. we will discuss some key Strategies for Success.”
Vijay Eswaran has a lot of thoughts on diversity and inclusion in the business world, one being that it is not just about hiring more women or minorities. He says, “This mindset may be well-intentioned but misses an important point. When you focus only on bringing people of different backgrounds into your organization, you’re missing out on all kinds of ideas.” There are indeed all types of new innovative ways to solve problems; however, if individuals do not have certain experiences due to their background, they will miss these opportunities because they lack this unique insight.
He also has some great points about ego, which can make communication difficult within companies with diverse cultures since everyone thinks their way is best for success (definition according to Google). Ego can keep us from communicating with others and prevent people within the organization to grow. The point that Vijay Eswaran is making here is that ego needs to be tamed for businesses to succeed, especially in a diverse environment; otherwise, it could lead to failure of the company’s objective because no one will want what you are selling if they cannot understand how your product or service works.
Vijay Eswaran has great insight into gender inequality, which he believes shows up not only in the workplace but also at home when women still have more housework than men even though they work outside of their homes just like men do. He says, “Gender equality isn’t just about doing good things -it’s about business success.” This statement hits the nail on the head because companies with a diverse workforce are more successful, which is shown in many studies. See more info here: https://www.concordia.net/community/vijay-eswaran/