Name: Venkateswara Rao Annapragada
Designation: Investor & Business Mentor
Education: Global Management Strategies – ISB, B.E (Mech Marine)
Summary: Mr. A V Rao has turned around three units of the ITC manufacturing facilities from losses to consistent profits. As a marine engineer, he had the credit of turning around the performance of old ships to profitability through excellent engineering practices. He handled projects worth Rs.4000+ crore at ITC Paperboard and Specialty Paper Division across multiple UNITS as Head of Projects. He led end-to-end SAP (ERP) implementation across all units, all functions and with all SAP modules without stopping manufacturing operations even for a minute. He strongly beliefs in technology and its ultimate benefits. He further managed large diverse teams of over 5000 plus Managers, employees and contract workmen. Implemented companywide strategic initiatives with capacity expansions in pulp (3 lac TPA), paper and paperboard plants (3 lac TPA) to meet the expected market projections with targeted BENEFITS. Executed 2 major pulp mills, 3 Paperboard/Paper machines and 4 power PLANT projects.
His strengths are in understanding technology , commitment to Environment standards , Familiarity with TPM/Lean/Six Sigma tools, Commercial and Financial knowledge of businesses, negotiation skills, ethical working standards, HR management , understanding of Global and Indian macroeconomics and ability to stretch the teams to run that extra mile to achieve/exceed targets.Success is the result of an extraordinary execution of an ordinary idea – A V Rao