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Gen-Next
Country roads take me home
Privileged
to be the youngest ever chief executive officer of an Indian listed company,
Siddharth Reddy, CEO and joint managing director of Country Club India,
tracks his growth with the company in conversation with Priya Krishnaswamy
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I grew up to understand that I could excel in no other
place but in my own company and that is what has happened.
The advantage of dreaming big when you are young is that you end up realising
your dream. Everything is possible and I believe in pursuing what I want
to achieve
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Clubs serve multiple purposes. For a few it is a place to
relax - a home away from home. For others it is their veritable home. Deputed
at one of the most senior positions in the company, Siddharth Reddy, CEO and
joint managing director of Country Club India (CCIL), says, "I was born
into this industry. I think the first word I must have said might have been
'club'. I grew up to understand that I could excel in no other place but in
my own company and that is what has happened."
Reddy got all the support and freedom that he needed from his parents to pursue
his interests. But when he was pursuing engineering in the United States, his
inclination towards business curbed his engineering capabilities. "That
was when I moved to business, which was a natural choice for me and did a major
in marketing from Pennsylvania State University," he adds. He then went
on to complete his Bachelors in Business Administration from the University
of Texas, Austin. That's where the CEO was born.
Reddy claims to have taken to business in the truest sense when he was at Harvard.
"Being in one of the world's top five business schools, I had the opportunity
to interact with the finest people. That is when I started visualising myself
as part of CCIL. It was the deciding factor for me," he says.
The grand welcome
When Reddy returned home after completing his education, his father, Y Rajeev
Reddy, chairman and managing director of CCIL, entrusted him with the responsibilities
of the brand. In fact, junior Reddy took this offer so seriously that he joined
the company the very day he came home. "It has been over 15 months now
and I now understand the importance of hard work and determination. To make
a difference, you need to think differently and work really hard," he quips.
When
Reddy took over the reins of the Rs 500-crore CCIL, he realised that the brand
was larger than the product itself and he took upon himself to implement all
the ideas that were in pipeline. Building the franchisee network was the first
step. In a record time of three months, he built a national team and established
about 25 franchisees in India and internationally. When asked about its presence
outside India, Reddy says, "As an extension of branding, CCIL moved to
foreign countries. Our Sri Lanka property is a major hit because we are now
talking of a time when the spending power is far more higher than what it used
to be and the concept of clubbing is becoming popular. In addition to Japan
and Sri Lanka, we are looking at every country where there is significant Indian
diaspora."
The youngster stresses, "The advantage of dreaming big when you are young
is that you end up realising your dream. Everything is possible and I believe
in pursuing what I want to achieve."
CCIL today has diversified its portfolio by making its presence in the field
of recreation. Country Club Silver Storm (a water theme park), Country Club
Minar de Lake (houseboats), and Country Club Crystal Courts (a golf village)
bears testimonies to Reddy's unending surge of energy. "Of course, it is
a team effort. I cannot overlook the support of our team," says Reddy.
Realising his strengths and appreciating the small joys of life, the energetic
'clubber' says, "I am thankful to God for everything - for being able to
study abroad that helped me gain perspectives, I am thankful for every single
day and if God tells me that I have to disown everything tomorrow, I'll only
thank Him. It is the drive to accomplish that keeps me moving ahead."
| CCIL is a multi-product, multi-location company
headquartered in Hyderabad with 5 clubs in Bangalore, 2 clubs in Chennai,
one each in Hyderabad, Mumbai, Mysore, Mohali and Visakhaptnam. It is the
country's biggest chain of family clubs recognised by the Limca Book of
World Records. Currently, it has around 2 lakh members. A unique benefit
to members joining the Country Club is the facility of transferability of
membership from one city to another, paying the differential membership
fee, in case the membership fee at the city to which transfer is sought
is higher. It also has affiliations with over 220 clubs, including 28 abroad. |
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