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  Alok Mohanty
Class of 2010
  Business Development  Manager, MedPlus
  
Previous Occupation: Software Engineer,  Race Track Owner 
    Present Occupation: Business  Development Manager, MedPlus
    Sector: Retail Pharma
Work Experience: 9 years
Interests
Professional: Entrepreneurship,  Formula 1 racing.
    Personal: Travel and human  behaviour.
Can  you tell us a little about your family background/ history?
My  father is a professor and mother is a teacher. I am from Odisha but I lived  there for only five years. In fact, I have lived in Andhra Pradesh the longest - 13 years! My wife is  an MBA and a manager in the financial planning team at McAfee.
Briefly  describe your personal and professional achievements (including recent awards/ special  projects).
Professional: 
Personal:
Post-ISB,  having already exited my Go-Karting track successfully, I joined MedPlus in  Bangalore. Currently I am heading the RiteCure division, which focuses on  hospitals and nursing homes. I also run the simulator business as a hobby.
  
  Describe  your fondest memory at ISB.
In your personal life, how have you changed post-ISB? Do you see yourself doing something differently because you went to ISB? What has left a lasting impression?The education was “Just-In-Case” … as in “Study-This-Just-In-Case-You-Need-It-In-Future.” Some of the course knowledge comes flooding back during real-life situations, especially from “NEGA” and “Managing Teams.” Now, I don’t make obvious mistakes and decision making is much faster.
How  do you think ISB has contributed to your career growth?
It has opened the doors to retail  pharma and healthcare in a single sweep, which would have been impossible for  me without ISB. Also, it has added another brand on  top of IIT, which helps to add instant weight to what I say and do.
If  you have to sum up ISB in one word:
SNAFU, Situation Normal All Fouled Up!
What  was the main highlight of your programme at the ISB?
It  was recognising that human gems can come from any background, be it the fashion  industry, defence, different geographies or different cultural backgrounds.
Word  of advice for the current class?
Do not take anybody’s  advice too seriously!
What  was your favourite course/ class at ISB and why?
“Managing Teams” with  Professor Henry Moon.
Was  there anyone during your time at ISB who acted as a mentor for you? Tell us a  little about this relationship and why it was valuable.
There was no one who  played that role. Most of the guidance I received was based on talks with  multiple alumni, my batchmates and from using my own judgment.
What  are the areas in which you can contribute to ISB?
I  can help stressed-out students get a better perspective and calm down.
I  can help out budding entrepreneurs.
What  do you enjoy most about your current career position?
The freedom to do what I think!
What  is the next new thing in the industry or vertical you are working in? Any  trends that you can see?
Pharma retail has a long way to go.  Organised players account for single-digit market share in the industry while  it is in the 20s and 30s in mature markets. There should be greater  consolidation as and when the regulatory hurdles are removed. Also, more and  more hospitals should be outsourcing specialised sections, such as pharmacies,  dialysis centres, diagnostic labs, etc.