An experience which inculcates a ‘never give up’ attitude


The initiative, conducted over Sept, Oct and Nov by Karvy, is viewed as a great morale booster among employees
The initiative has encouraged a culture of creative thinking, say some employees
It’s not every day that you are cherry-picked to become the CEO of a company. Prashant Wagh, vice-president (VP), wealth management, at Karvy Private Wealth got the chance to sit—literally—in the top boss’ chair as part of Karvy’s “CEO for a day" initiative.
To make the day memorable, Wagh’s family received a bouquet, announcing his new designation, at their home in Pune. The 37-year old moved into the company’s guest house a day ahead of the “big day". The next morning, he was chauffeured to Karvy’s Mumbai head office, where he spent the day familiarizing himself with the tasks of a CEO.
Ratika Gujral Manjrekar, 32, associate VP, wealth management, and Naveen Govind, 41, VP, wealth management, were two others chosen as “CEO". “I thoroughly enjoyed the help and assistance being provided to me seamlessly. The reporting business analyst kept all the collated data ready for me before the conference calls with the pan-India teams and review during the day. The executive assistant to the CEO organized and kept things handy for me and the chauffeur, who drove me around; all of these proved to be a great set of helping hands," says Manjrekar.
They were also handed a new set of visiting cards mentioning their designation as CEO. “It indicated how seriously this initiative was being taken, not as a feel-good activity," Manjrekar says.
The initiative, conducted over September, October and November, is viewed as a great morale booster among employees. Besides bragging rights, the chosen employees got to attend the high-level decision-making process and spend time with the CEO, Abhijit Bhave. The Karvy CEO was keen on receiving feedback and ideas that help the business.
“An employee who wishes to become the CEO writes down various ideas that help the company achieve its corporate objectives holistically, and how he/she would implement the same if he/she were to actually become the CEO. The opportunity to become the CEO for a day and running an organization in itself was a huge motivator for many colleagues to give detailed inputs to try and achieve their aspiration," explains Bhave.
Applications were invited, and the three selected from the 38 who expressed interest.
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