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In 2003 Rana Kapoor grabbed the opportunity to display his financial foresight and founded Yes Bank. His magnetism captured the public eye for a long time. Known for his meteoric rise and entrepreneurial success, let us get to know the man behind this enterprise who singlehandedly turned this brand new bank into the 4th largest private sector bank in India in a matter of a little over a decade.
Birth of A Passion
Born to a middle class family in Delhi, Kapoor had big dreams as a child. He often shared his dreams of starting his own company with his grandfather, who had immense trust in the young grandson's dreams. After graduating from Shri Ram College of Commerce in New Delhi in 1977, he went off to USA to fulfill his dreams. He enrolled for MBA at Rutgers University in New Jersey. It was this stint that got him deeply inspired to pursue a banking career. He wanted to create something big, in this model, back in India. But before that he needed some more experience. Thus, upon the completion of MBA, he began his banking career as a management trainee in the Bank of America (BoA).
With a deep passion for banking, Rana Kapoor's career flourished in 1980 at Bank of America (BoA), as he rose the ranks. His stance of taking intuitive risks, which brought him success every time, was highly commended by his employers. In 1990, he was awarded the coveted Eagle Pin by the chairman of the bank. With such a promising career trajectory, soon he became the head of their wholesale banking business as well as several high stakes assignments in various countries of Asia. However, all that success was not enough for him, as he had bigger dreams, of starting his own venture. After nearly a two-decade-long flourishing corporate career, Kapoor was resolved to embark on his own venture. He wanted to create something that he could call his own. He kept yearning for creative independence and even came up with an interesting business plan to create a non-banking finance company with f
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The report is titled as 'Enterprise Performance Management Market: Opportunity Analysis and Future Assessment 2022-2030'. An overview of conceptual frameworks, analytical approaches of the Enterprise Performance Management market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Enterprise Performance Management market is expected to grow with significant rate in the near future.
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Enterprise Performance Management Introduction
Enterprise Performance Management (EPM) can be perceived as the approach of monitoring performance across the venture with the objective of enhancing business performance. An EPM system unifies and evaluates data from several sources, comprising, but not restricted to, e-commerce systems, back-office and front-office applications, data repositories and external data sources. The advanced EPM systems have the potential to uphold several performance approaches such as the balanced report sheet.
Enterprise performance management (EPM) comprises three core theorems: planning, budgeting and forecasting (PBF), which majorly play its part in supporting the business in discerning the continuing activities that contribute to delivering its future longer-term plan of action. Secondly, performance reporting backs organizations in transforming their data into relevant, insightful, and well-timed management information. And lastly, Profitability and cost analysis which is responsible to allow effective and efficient assessment of costs, income and profitability at a myriad of levels across the enterprise. In present times, the need for regulatory compliance and security in enterprises is majorly projected to drive the growth of the global enterprise performance management market.
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