On 8th August 2014, TAPMI had the privilege of hosting a guest lecture by Mr. Balasubramaniam R, Executive VP of Medall Healthcare. Mr. Balasubramaniam has over 20 years of experience in Healthcare industry. The promoter/CEO of Business IQ Solutions (“BIQ”), a software product company with a focus on radiology diagnostics, Balasubramaniam conceived / developed and successfully launched workflow products in multi-modality diagnostic centers. He was also the founder of Manmar Tech. Its products were distributed by several medical OEMs including GE, Philips, Siemens, and Toshiba. Mr. Balasubramaniam has been a part of the initial team that started Medall. He has worked in various capacities in Medall and at present heads the Business innovations group of Medall, a group that exclusively works towards developing the future of Medall.
The session began with Mr. Balasubramaniam talking about various events in his life and the valuable lessons that he had learned from them. He said that living in a joint family has instilled in him qualities like tolerance and patience which has helped him through-out his professional career. Giving the students a peep into his entrepreneurial life which spanned for more than 15 years, he said that entrepreneurship life is tough and one should find ways and means to deal with difficulties and move on. “In life, when you feel you have nowhere to go, when you feel you are pushed to a corner, take a deep breath, evaluate the situation and defer the decision-making by at least 24 hours”, said Mr. Balasubramaniam. He added that one should respect the ecosystem and the decisions should not be taken at the cost of the ecosystem. Cautioning the students about venture capital, he said that one should take that route (venture capital) only when absolutely necessary and in one’s own terms. Answering the questions by the students, Mr.Balasubramaniam said that sales humbles one and teaches one to be quick-footed. He went on to add that whatever one’s field, an experience in sales function would add a lot of value.
The session was very interactive and the students of TAPMI got an opportunity to clear their doubts from an industry expert. The enthusiasm of students in the classroom was palpable.