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After a storied career at L’Oreal, Ranjeet Reddy Paladugu is now the CEO of his own company, Specialty Holdings, an investment firm that focuses on long-term business potential. Before working at L’Oreal, Ranjeet Reddy Paladugu earned a master’s degree in engineering from Old Dominion University and a master’s degree in business administration from Cornell.
Here are a few tips for securing a position at a prestigious graduate school: 1. Professional experience is a major factor in the admissions process. For a high-end program, you need to have experience at recognizable companies with long pedigrees. 2. Networking is key, as in business. Admissions officers look for referrals as much as anything else. 3. The right recommendation letter makes all the difference. The biggest impact comes from senior persons in large organizations. 4. Try to make your essays unique. Admissions teams look for creative leaders. 5. Continue your education. The more certificates and credentials you have earned, the better your application will look. Ranjeet Reddy Paladugu holds master’s degrees in both engineering and business. He has worked as a financial director and assistant vice president for one of the largest beauty brands in the world. Today, as the founder and CEO of an investment firm, Ranjeet Reddy Paladugu frequently consults on integration practices for companies in various industries.
Two kinds of integration in business are horizontal integration and vertical integration. Horizontal integration happens when an organization acquires holdings in the same industry, thereby increasing its market share and market potential. Vertical integration happens when a company acquires another company in the same industry but somewhere else in the production process. For example, this could mean acquiring a supplier to reduce expenses or acquiring a distributor to improve distribution scope and range. Vertical integration is a vital strategy for many companies. It can reduce prices directly, reduce delivery times, or improve customer engagement. Applying horizontal integration or vertical integration correctly is a challenge and should only happen after a thorough analysis. |
AuthorRanjeet Reddy Paladugu - Investor and Former L'Oreal Executive. Archives
April 2020
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