The
students of Symbiosis Institute of Health Sciences’ MBA-HHM programme were
privileged to attend a guest lecture by Dr. A. Velumani, Chairman of Thyrocare
Technologies Ltd. Dr. Velumani was the
guest speaker at the Induction Programme-2014 for five courses offered by
Faculty of Biomedical and Health Sciences, including M.Sc. Medical Technology
and M.Sc. Nursing, at the Symbiosis Vishwabhavan Auditorium on August 19, 2014.
Dr.
Velumani heads the world’s largest thyroid testing laboratory, which has been
“accredited, networked and barcoded,” and has the clever tagline “A brand
around a gland.” The mission and vision
of the 2,000-crore organization is to “reach to the common man at an affordable
cost,” i.e. provide quality, yet inexpensive, economical thyroid testing at an
astonishingly reasonable rate of INR.150/- per test. There should, however, be no compromise in
quality, he stated, for if you do not ensure quality, then customers will not
return to you.
Originally
a mathematics scholar, Dr. Velumani holds a Master’s degree in Thyroid
Biochemistry and a doctorate in Thyroid Pathophysiology. Although he hails from a small village near
Coimbatore in Tamil Nadu, he had a dream of creating, in Mumbai, a 1,000-crore
company centered around the “15-gram” thyroid gland, a concept which he
nostalgically displayed through a 20-year-old handwritten transparency, emphasizing
the humble beginnings of his organization.
When asked why, as a mathematician, he chose to specialize in only
thyroid testing, he replied “Specialization rewards; generalization does not.”
A
prolific speaker, he gave a step-by-step account via PowerPoint presentation of
the purpose, growth and logistics of his company, stunning his enraptured
audience with simple philosophies that he uses in daily living, such as “You
can either decide [your future] or discuss[it], but not both,” and “A person
who is ready to take risks in life really does not lose anything, but a person
who is scared to risk anything will end up losing everything,” which drew
hearty applause.
Dr.
Velumani endeared himself to the students of MBA-HHM when, with his parting
words of “Wish you all the best. God
bless you,” he added that he recruits only “freshers” i.e. graduates with no
work experience as he can create dedicated and knowledgeable employees out of
them through their hard work, consistency and fresh outlook on life.
From
modest beginnings to a multi-crore company that benefits the healthcare
industry and the community in general, Dr. A. Velumani is a true inspiration
for an eager generation of budding healthcare managers.
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