Vikas Maheshwari did his Bachelor of Engineering from Nagpur University. He is a firm believer of constant learning and thinks one should welcome new concepts and ideas in life. In his professional journey, he realized that there is a significant gap between the expectations of the employer and the talent of employees. To address this problem, Vikas conceptualized IIBM Institute of Business Management, which provides certification programs in management to the working professionals through online mode.
Please provide a brief overview of your product/ service.
IIBM Institute of Business Management www.iibmindia.in is a leading and trusted institute providing certification programs in management to the working professionals through online mode. These courses are developed to bridge the gap between industry and academia. These courses enhance the student’s skills, exposure, and marketability.
What inspired you to build the above product/ service?
The skill gap between the industry and academia is a big challenge of today. The reason that inspired me to develop a specialized managerial level course for the working professional was when I observed the skill gap among the employees. I started my career with ISO certification body. While auditing various organizations and speaking to the owners/ entrepreneurs, I observed wide gap among the talent of the employees and the expectation of the employer.
This was the turning point and after that, I started training employees in my father’s company. And gradually found the change in the output of those employees. Thereafter, I started pursuing this opportunity commercially and today, I’m happy to have helped many professionals to bridge this gap and upgrade their skills.
What is your life mantra?
“Your mind is NOT a locker, do not store anything in this, and let new ideas always penetrate. Conceive new concepts, Believe in yourself and put enough energy focused in the right direction to achieve the same. “
What was the most challenging part of your journey till now?
In India, the foremost challenge is after the formal education, the inclination of mass towards continuous learning is not high. So, we have to generate that desire among candidates and that is actually very beneficial for them only. To motivate the learner to take decision for further learning is tough.
Another challenge is that the digital space is very dynamic and fast moving. One has to continuously change and upgrade himself to keep up with it.
How did you overcome those challenges?
Our courses are extremely beneficial for learners. We just have to break the notion “why do I need more learning?”, and it’s not that tough.
To catch up with the changing digital scenario my team keeps themselves upgraded by attending seminars and exhibitions in education and digital marketing segment.
Share some details about the investments that you have been able to fetch for the business till now.
From the day one, we were able to cover up all our running costs. We started with a team of four in April 2008, now the team size is 150+ qualified well-trained employees and very well furnished infrastructure. Initially, the revenue generated was limited, but with the passage of time we surpassed the annual revenue of 10 cr / annum and in 2016-17 we aim to cross 18 cr. The funds generated are re-invested in the organization itself for future growth and sustainability.
How do you protect yourself from the problem of Brain Drain?
Be Intuitive: Having intuition is being open to the mysterious workings of your own mind—seeing what is or what might be clearly in your mind’s eye.
Be Creative: Being creative is allowing your intuition to reveal possibilities to you and following them in the moment.
Be a Life-long Learner: Having the motivation and the ability to learn and grow throughout your life is an essential quality in today’s fast-changing world.
Tell us about your company’s attrition control practices.
We have a type of environment where everyone feels motivated to stay, everybody is welcomed and get equal opportunity for further advancement regardless of gender, race, background. We have an environment where skilled and great mind gets appreciation.
Which online tools/ services/ apps do you use the most and would like to recommend as well?
I use the standard online apps, Google Apps, Facebook, Twitter, YouTube, Quora, and LinkedIn.
Share any one habit which you think makes you more productive.
“Do something new and creative every day. Enjoy every day.”
Share any one habit which you wish to change in yourself.
Desire to grow is so high, that at times it takes effort to manage work – life balance.
Answer in less than 50 words
Believe in your capacity to succeed.
- One mistake you believe every individual must avoid:
“To Balance work and Life”. Don’t get so much involved in work, that one forgets beautiful pleasures of Life.
- One most important lesson that you have learnt till now:
“Success is the mountain to be climbed with steps of failure. Failure motivates me to accept the challenge and move ahead with more zeal. ”
What are your plans for next 3 years?
We work taking every day, every month, every year as a challenge. In coming three years, I perceive, we are working on developing more detailed content. Fulfill more demand and needs of learners in various areas.
What are your top three getaway destinations?
I love Mussoorie, Udaipur, and Goa in the order mentioned. These places reenergize my “me factor”.
If you get a chance to start your career again what would you do differently this time?
I would be faster given the second chance and would love to repeat the similar concept.
Share a quote that inspires you the most.
“Your mind is NOT a locker, do not store anything in this, and let new ideas always penetrate.”