Alcatel-TCL country head speaks on business strategy at FMS Delhi

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Updated on July 27, 2016
Dynamism of thought is the key to the success of any venture”, said Mr. Praveen Valecha who interacted with the students of MBA (Management of Services) as part of the ongoing Boardroom Guest Lecture Series at Faculty of Management Studies, South Campus.

Mr. Valecha is currently the Country Head of Alcatel-TCL Communication Technology Holdings Ltd., a Chinese Telecommunication Company, and was visiting FMS on August 20. Mr Valecha brought with himself earlier experiences from his stints as COO of Haier Telecom, Group Head of LG Mobile and also at Samsung, HCL and Philips. He spoke about work environment and ethics at companies which are often influenced by the socio-cultural phenomena and practices in their parent countries like Korea (LG and Samsung) and Europe (Philips and Nokia).

Mr Valecha introduced the students to the competitive landscape in the Telecom sector and spoke about brand building through innovation and diversification as a growth strategy in what is turning out to be one of the most dynamic Indian industry segment – the Mobile Phone market. Alcatel is introducing its range of mobile phones in the Indian market. Mr. Valecha spoke in detail about the strategy with which they plan to roll out their range of handsets in given the fact that the booming Indian telecom market is already flooded with all the top brands. He further shared the skeleton of the new mobile phones launch strategy of Alcatel and how they plan to take on the already existing leaders like Nokia, Sony Ericsson, LG and others in the mobile handset market.

Mr. Valecha also encouraged the students to make the most of the growing opportunities in the Telecom sector, which now entails management tasks like product management & marketing, media planning & building brand loyalty in the market.

Closing the session on an inspirational note, Mr Valecha said, “For success you have to change your thought process; have new approach to learn new things and differentiate yourself from others.”