Wednesday, March 28, 2007

The Venturous Accomplisher

Prudence and conviction seem to be the steadfast pillars on which every business decision of Promod Haque, Managing Partner, Norwest Venture Partners (NVP), is based. As we steered across the busy roads of Mumbai to meet the globe’s leading venture capitalist, our belligerent enthusiasm was tempered by the overwhelming significance of meeting the man who has been ranked as a top deal maker by Forbes for the past five years. Promod elaborates on his investment philosophy, “We are coming into the company as financial investors. Our view is that it does not make sense to micro-manage. If a management team does micro-manage, then there is some problem with the management team, something deficient about that team. Typically, we go for strong management teams that can run the company on their own,” clearly exhibiting a credence that forms the foundations of NVP, a company that has successfully and dynamically partnered with entrepreneurs across the globe to create colossal business enterprises for over four decades.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri –
Arindam Chaudhuri Initiative

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