“Indian Entrepreneurs Don’t Collaborate Enough,” says GE India’s top exec John Flannery

John Flannery, President and CEO of GE India, may be a corporate honcho in charge of GE’s operations in India but in all big organizations, entrepreneurial attitude is needed to take the corporation to new heights. Jack Welch, who was the top executive at GE, displayed immense entrepreneurial traits and transformed the company and set new mantras for corporate management and change. Corporations constantly engage with entrepreneurs to fulfil many of their services and it may not be an exaggeration to say that it was GE’s belief that started outsourcing to India. In a quick chat with YourStory, John Flannery shares his thoughts on opportunities for Indian entrepreneurs.Opportunities for Indian Entrepreneurs

There are huge opportunities in health care, energy and education for Indian entrepreneurs. They must note that taking the product at right price point to the right market is very important.

On Challenges

Money and resources needed to scale are big challenges for Indian entrepreneurs. They have a great idea and even a team sometimes, but there is not enough capital support for good ideas. Also, Indian entrepreneurs are lone too much and don’t collaborate enough.

Advice

Stay at it! India is probably the best market to start a company. The rate of change is huge, the size of the market is huge and the opportunities are immense. So, stay at it!