Dilip Thakore interviewed Satya Narayanan R. (popularly known as Satya), founder-chairman of CL Educate Ltd in the company’s head office in Greater Noida. Excerpts. What were the motivations and objectives which prompted you to promote Career Launcher as a one-man tutorials firm in 1995? After landing what everyone considered a dream job in Ranbaxy after graduating from IIM-Bangalore, I soon discovered that I preferred to set my own agenda — that I could do much more, much faster than was expected of me in the company. Moreover from my young days I always had an interest in teaching and interacting with youngsters. And realising that I had little to lose except the Rs.4,000 I invested in Career Launcher and could always land a job if the venture failed, I launched Career Launcher. From test prep CLE has ventured into k-12 and vocational and business education. What was the strategic thinking behind these diversifications? Test prep was the only business I could afford in 1995. It was a poor man’s choice. After we made a success of Career Launcher and had pioneered 150 bricks-n-mortar learning centres countrywide under the owned and franchised model, we felt the time was right to replicate the model in the school education segment. Our owned schools serve as a model for like-minded franchisees who are appointed after a battery of tests and rigorous evaluation to protect the CLE brand. Similarly, the diversifications into vocational education and business management education were driven by the belief that we must become market leaders in whatever business we enter. How satisfied are you with the progress of CL Educate’s Indus World School (IWS) chain? What is their distinguishing characteristic? One of the great achievements is that IWS is already ranked among the country’s best employers. In an annual survey, Great Places to Work, an American research company ranked IWS among the world’s Top 50 — and the only education institution — in terms of employee satisfaction. The distinguishing feature of IWS is that right from the primary years, we start preparing children not for board exams of the next decade, but for life’s challenges as we see them in the era 2030-2070. Our overarching objective is to prepare children for the future by teaching them the skill of learning voluntarily and continuously. To this end, we have developed our 21st century curriculums — Ananda to create love of learning in preschool; Jigyasa to encourage the spirit of enquiry and questioning in middle school; and Sadhana in high school to begin preparing and counseling students for careers of the future. That’s the distinguishing characteristic of IWS. How serious is CLE’s diversification into vocational education and training (VET)? Very serious because it’s an urgent national imperative and a massive opportunity as well. The Central government has belatedly set a target of 550 million children and youth countrywide receiving formal VET, and has made generous allocations for achieving this goal. CLE entered this business in 2010 and currently, we are providing VET to almost 17,000 youth…
