Priya Paul: The Success Story of India's Famous Entrepreneur and Chairperson of The Park Hotels

March 31, 20223 Minutes Read
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Almost half of India's population is women. But things get really surprising when you look at this gender ratio in workplaces. The workforce of India is highly male-dominated. This gap in gender representation gets wider as you start observing the leadership teams. And this fact mostly holds irrespective of whether the company is a small one or a big one.

Up until very recently, women were limited to doing domestic work. This practice owes its existence to various reasons, from the fact that people generally see women as weak to the male ego unable to handle a woman's success. While several women stood up against this patriarchy, only a few succeeded. As a result, we can almost count the number of female business leaders altogether at our fingertips.

This story is about one such fierce woman who showed the world that women are second to none when they set their minds on something. We are talking about none other than the chairperson of Park Hotels, Miss Priya Paul.

Who is Miss Priya Paul?

Priya started her career in her father's company.

When her father passed, she had to shoulder the burden of his business. She had to manage three hotels owned by her father's group. She lacked the experience of running a hotel business. Still, she overcame all challenges with a determined attitude and hard work. They say behind every successful man there is a woman. Something similar is true in the case of Priyal Paul too. Her mother and some other female family members have helped Priya along the way. As a matter of fact, her mother handled the hotel business for a good ten years. But Priya wasn't one to follow any guidebooks handed to her. Instead, she went with what her gut told her and paved her way to success with her authenticity.

Miss Priya Paul's Success

While many doubted her, her success proved her mettle. She increased her father's hotel business by 400%. She added nine more hotels to the group. Today there are 12 Park Hotels across nine cities in India. In an April 2021 report by macrotrends, The Park Hotels and Resorts is valued at a little over five billion. No wonder she is known as one of the most successful entrepreneurs of our country.

Miss Priya Paul's Ideology

A strong advocate of creativity and innovation, Priya believes that no business can survive without these two essential pillars, especially during a recession. She has taken this belief into her hotels. Each of her hotels has a different look and interior design.

Priya has always appreciated the diversity of India. She always saw merit in blending the aspirations and desires of the modern world with contemporary Indian culture. No surprise that her hotels are popular among Indian and foreign tourists. Over the past two and a half decades, Priya's revolutionary- innovative ideas and contributions have helped in changing the face of India's hospitality business.

Awards and Recognitions

Her success has won her many recognitions. In 2011 she was ranked as the 50 Most Powerful Businesswoman of India by Fortune Magazine. In 2012 she received one of the highest honours for Indian citizens - the Padma Shri award. Then again, in 2019, she was ranked as Asia's top 50 Influential Businesswoman by Forbes.While Priya Paul took The Park Hotels to new heights, some of you are yet to start your entrepreneurial journey altogether. If you want a successful career but are unsure which field to choose, you should get free online career guidance.

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February 16, 20242 Minutes Read

Wealth Management and Advisory: Career Opportunities for Young Women

An exciting and lucrative avenue in finance is emerging for young women -- wealth management and advisory. As the financial landscape evolves, so do the opportunities for women to carve a niche in this traditionally male-dominated sector. Let's explore the promising career opportunities for women in wealth management.

Wealth management is not just about handling money; it involves strategic planning, investment advice, and creating financial roadmaps for clients. This dynamic sector offers many jobs for women with a keen interest in finance and a desire to empower others financially.

The rise of women in finance is challenging stereotypes and reshaping the narrative of the financial industry. Women's inclusivity in wealth management brings diverse perspectives, innovative thinking, and a more empathetic approach to client relationships. This shift concerns equality and a more holistic and client-focused financial experience.

One noteworthy aspect is the increasing prevalence of online jobs for women in wealth management. The digital age has opened up avenues for remote work, allowing women to balance professional and personal commitments seamlessly. Online platforms offer flexibility and accessibility, making wealth management more accessible as a career opportunity for women.

The role of women empowerment jobs in wealth management extends beyond managing finances; it's about empowering clients to take control of their financial destinies. Women in this field are not just financial advisors but mentors, educators, and advocates for financial literacy contributing to a more informed and economically empowered society.

The financial sector recognises the unique strengths that women bring to wealth management. From communication skills to emotional intelligence, these attributes enhance client relationships and contribute to the overall success of advisory services. The changing dynamics of the industry create an environment where women can thrive and excel in their careers.

As the demand for personalised financial advice grows, so does the need for skilled professionals. This presents a wealth of career opportunities for women willing to invest in their education and build expertise in wealth management. Financial institutions actively encourage women to pursue careers in this field, recognising the value they bring.

An exemplary figure in this context is Neha Sharma, a young professional who found her calling in wealth management. Neha's journey reflects the changing tide for women in finance as she navigated the industry's intricacies to emerge as a successful wealth advisor. Her story inspires young women seeking this dynamic and rewarding career path.

The shift towards creating career opportunities for women in wealth management aligns with broader societal changes. Organisations are realising the importance of gender diversity in their teams, promoting an environment that fosters equal opportunities and values the contributions of women in finance.

The wealth management and advisory world holds tremendous promise for young women in India. The evolving landscape creates exciting career opportunities for women who aspire to make a mark in the financial sector. As women continue to break barriers and thrive in wealth management roles, the future promises a more inclusive and diversified financial industry where expertise knows no gender boundaries.At Glow & Lovely Careers (formerly known as Fair & Lovely Career Foundation), we believe in empowering women to be independent. We provide online career guidance, existing jobs and other courses to help them in India's wealth management field.