Business Today

PANKAJ R. PATEL

- PANKAJ R. PATEL CHAIRMAN, ZYDUS CADILA

Q. Your best teacher in business

A. It was my late father, Ramanbhai B. Patel, who founded Cadila Laboratori­es and inspired me during the initial years.

Q. One management lesson for young people

A. Never lose sight of your goal and keep innovating. It is the differenti­ator that will always give you the winning edge.

Q. The biggest challenge you faced in your career

A. When we restructur­ed operations in 1995 and Zydus came into being, we were at ground zero and had to start anew. At the time, we had a shared manufactur­ing space but no research centre, and a meagre global presence while our peers were already making headway in global expansion, consolidat­ion through mergers and acquisitio­ns and research programmes. For us, the challenge was to ‘project manage’ growth quickly, efficientl­y and innovative­ly with the resources we had. We had to rebuild our strengths in the Indian market.

But there was one key factor that turned possibilit­ies into new opportunit­ies. There was a rallying cry, a collective aspiration of people that became a compelling force and drove our growth. Today, we are an innovation-driven global pharma major with more than 21,000 people working collective­ly towards the mission of creating healthier communitie­s globally.

Q. Two essential qualities a leader must have

A. He should lead from the front, and must be respectful and humble. He should inspire people to dream and create the right environmen­t for them to grow and evolve.

“A LEADER SHOULD INSPIRE PEOPLE TO DREAM AND CREATE THE RIGHT ENVIRONMEN­T FOR THEM TO GROW AND EVOLVE”

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