Page 93 - KZN Top Business Portfolio - EBOOK 2019
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Founder of the Edison Power Group    that we had over 40 years ago, too many people
                                            fail because they don’t value clients. I started off my
              IVIAN REDDY, founder of the Edison  business, Reddy Electrical, in the apartheid regime
              Power Group, is an astute businessman  and changed the name to Edison Power to hide my
              with the drive to achieve perfection in all  identity. We were outstanding in our work such that I
       Vthat he does.                       became recognised by the quality of my work; not by
        Reddy said, “My core strength is my focus in   the colour of my skin.”
       everything that I do.” He said that he has always dreamt   The Edison Power Group has grown into the largest
       big, has had a vision for what he aims to achieve and is  and the most diversified electrical business in Africa.
       passionate about the projects he embarks on.  Reddy added that one needs to diversify in order to
                                            ensure constant growth.
        One example is the R4,2 billion Oceans Umhlanga,
       a mixed-use development, in which he was involved   For South African businesses to grow, he believes
       in the design. The just rewards for this personal  that they should be bolder. He said, “South African
       involvement panned out in the shape of the  business  need to invest  more  and create  more
       International Award for the Best Architecture for a  employment opportunities to succeed. When people
       Mixed-Use Development in Africa.     are marginalised and are hungry, it is to the detriment
        Another example is the Newcastle Mall, which   of the business environment.”
       won the South African Council of Shopping Centre’s   Reddy is the youngest of nine children. He said that
       (SACSC) Retail Development and Design Awards  the values of integrity and trustworthiness that he
       (RDDA), Spectrum Award for the best overall  learnt from his schoolteacher father have got him to
       development in 2013.                 where he is today. From an early age, he would spend
        Reddy says that as a leader you must decide what   weekends pushing bricks in a wheelbarrow to assist
       you want and do everything that it takes to achieve   in building classrooms. My dad always taught me that
       this. He added, “You need to think about the small   service to humanity is the best work of life.
       things in your business and put in the extra effort.”   The Edison Power Group has now adopted schools
       However, he said that you are only as good as the   with a zero-pass rate and assists with tutoring,
       people you employ, and he expected his employees   monitoring progress and provides incentives
       to perform at their best. Edison Corporation has a   for learners to achieve better results. He further
       philosophy of CANEI - Constant and Never Ending   commented that social investment projects are an
       Improvement. “You can always do things better than   important aspect of business. Companies need
       yesterday,” said Reddy.              to question how they can use their assets more
        But, he added that you need to look after your  productivity.
       employees  as  valuable  gold  assets  and  reward   Reddy has a big family with five children and five
       their performance. “You can’t buy staff and they   grandchildren. He emphasized that the life that you
       need to know that they are not just numbers in an   have at home is the most important thing that you
       organisation,” said Reddy.           have in providing peace and serenity. He added
        Over the years, the Edison Corporation has  that you are in control of your time and you need to
       continually provided service excellence and put in  make time for family and do the things that matter.
       the extra effort to achieve results. Reddy commented  He concluded, “You have to make family count and
       that building relationships in business is essential.  communicate  and  talk  with  each  other,  in  my  life
       He said, “We still have relationships with clients  family is No 1.”





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