MORE / #Motivational Story

April 04, 2017 @ 01:15 PM

Roopa Kudva

Published : Saturday, 28 March, 2015 10:49 AM 
 
Reading success stories of great professionals stimulates motivational enzyme within us and we all wish to emulate them on our path of success. 
    
Exactly with this aim MBA Rendezvous is presenting you series of motivational stories of successful Professionals who have   carved a niche in their own way and have become icons of Management Fraternity. 
 
Following above, read motivational story of  Roopa Kudva
 
Roopa Kudva, an extraordinary woman, was formerly the Chief Executive Officer of CRISIL (i.e. Credit Rating Information Services of India Ltd), which is the Indian branch of Standard and Poor. Though her name is not too well-known in corporate circles, which are mostly male-dominated, Kudva is still a powerful woman. Her integrity and sincerity are worth applauding. She stands as an example of the immeasurable heights that a woman can attain, if she refuses to bow to the nay-sayers and believes in her capabilities and strengths.
 
CRISIL is a rating agency. Kudva, who possesses a B.Sc. and a PGDM degree, joined the agency in 1992. She dreamt of becoming a teacher. But she does not regret today what she let go of yesterday. Reading is her passion. The genre which interests and delights her the most is that of the autobiography, her famous one being “Personal History” by Katherine Graham. 
 
In  September 2014, Kudva quit as the CEO of CRISIL. She is succeeded by AshuSuyash. She left the company not because of any internal conflicts but, for the fact that a change in the administration is healthy for the company. She frequently applied this thought to practice while she was the CEO. For instance, she ensured that fresh talent was hired every few years. Interestingly, she believed that it was easy to hire fresh talent but difficult to make the youngsters stick around for a long time, which would prove invaluably productive for the company. 
 
Thus, she devised a strategy for retaining fresh talent – by constantly training them, guiding them and ensuring that they were regularly promoted and given greater responsibilities as per their calibre. This went a long way in ensuring that the youngsters stay with the organisation, contribute to it in a healthy manner and it also took the company to greater heights of success. 
 
The numbers themselves speak of the success of Kudva’s tactical approach – in the two decades that she served the company, its market share increased from a mere Rs.2,900 crores to a gigantic Rs.14,000 crores. The company is the biggest rating agency in India today. When Kudva quit, the net profit of the company was around Rs.268 crores. Standard and Poor holds around 67 per cent stake in CRISIL now. 
 
A great furore surrounded Kudva’s entry as well as exit from the organisation. A story has been doing rounds that Kudva, one fine day, walked up to the MD Pradeep Shah, and asked him if he would like to hire her for CRISIL. And the surprise does not end at that – she was not even in possession of a copy of her resume! And she was hired after a twenty-minute long interview. Her exit had similarly shocked everybody in the organisation. But she had decided that she needed to move on and make some space for a new transition, which, according to her, would go a long way in ensuring the future success of the company.
 
Her story motivates us because, as a woman, she did not waiver in her decisions at any stage of her life. She is a determined and a focussed woman who believes that one should not let those things come in one’s way which would block the entry of other, more important things. She is one businesswoman who believes in mixing business with pleasure, and sees no harm in the equation. A stalwart for her company and its members, Kudva will always be a figure to reckon with!
Stay informed, Stay ahead and stay inspired with MBA Rendezvous  

Crucial Dates, You Should not Miss

TAPMI, Manipal
Admission Application closes on January 16, 2018 for 2018-20
BIMTECH, Greater Noida
Admissions open for PGDM Programmes at BIMTECH. Apply Now !
Lal Bahadur Shastri Institute of Management
Admissions are Open at LBSIM, Delhi. Apply Now !
FORE School of Management
Apply for PGDM & PGDM-IB Programmes. Application Deadline is December 22, 2017.
Goa Institute of Management
PGDM Admissions Open at GIM. Apply Before January 5, 2018
NIRMA
Last Date to Apply for MBA (Full Time) Programme at NIRMA is January 09, 2018
XAT 2018
Application Last Date 30th November 2017
IMI New Delhi
Application closes 4th December 2017
XIM Bhubaneshwar
Last Date 8th December 2017
SIBM Bengaluru
Apply for SNAP 2017 to be held on Dec 17 and apply for SIBM-Bengaluru through the SNAP Form
Institute of Rural Management Anand
IRMASAT will be conducted on February 4,2018, Apply Before December 31,2017
IBSAT 2017
Last date for IBSAT registration is December 12 , 2017
SSBF
Last date to register for SNAP is 24th November, 2017. Last date for SSBF is 2nd January 2018
SIBM Hyderabad
Apply for SNAP 2017 to be held on Dec 17 and apply for SIBM-Hyderabad through the SNAP Form
K J Somaiya Institute of Management Studies & Research, Mumbai
Last date for Application is 31st Jan, 2018
SDMIMD Mysore
Application for PGDM 2018-20 at SDMIMD is open till February 28, 2018
Institute of Management Technology
Application closes on November 24, 2017
MDI Murshidabad
Application for PGPM 2018-20 at MDI Murshidabad is open till November 24, 2017

Admission Open Now

Following Colleges are accepting applications.

INTERNATIONAL MANAGEMENT INSTITUTE

Admissions open for 2018-20

PGDM, PGDM (HRM), PGDM(B & FS), Executive PGDM

Apply Online