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Under his leadership, the world's second-largest distiller saw its India revenues jump by 23% in 2018 while profits grew by 28%.
When Vats took over the reins in 2012, Viacom was a six-channel network. Today, it has grown into 46 channels with a huge regional presence.
He pulled back a three-generation-old family business from the brink of bankruptcy by betting big on innovation and diversifying beyond the flagship product line.
Under his leadership, Wadhwani Initiative for Sustainable Healthcare combines IT with healthcare services to manage 300 remote health centres in India.
"There has to be a method to the madness. So, make sure that you understand the job assigned to you. You must have a clear view of the big picture..."
"The determination to challenge a paradigm is crucial. It has helped us create a benchmark for the aviation industry."
"Understand the why..and the work becomes amazingly enjoyable."
"Our experiences shape us and make us, and they have a profound effect on our world view as leaders."
"Every challenge presents an opportunity. How you respond and what you learn from it will define your path to progress."
"There is no better teacher than the market itself."
"I consider challenges as opportunities to learn, grow and reinvent."
"Two things are essential for success. One is passion, which drives us to heroic acts, and the other is innovation, which gives us an identity."
"Move laterally early in your career..getting a breadth of experience will get you more opportunities."
"Taking risks need not be blind bets in a casino; it is more about following your gut with self-belief and inner security."
"A leader's success is directly proportional to his or her level of involvement"
"We're here because others trusted us. Give the team the liberty to work independently and learn from mistakes."
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