{"id":6981,"date":"2017-08-01T04:00:00","date_gmt":"2017-08-01T04:00:00","guid":{"rendered":"https:\/\/business.cornell.edu\/centers\/2017\/08\/01\/be-my-guest\/"},"modified":"2026-07-14T18:16:14","modified_gmt":"2026-07-14T18:16:14","slug":"be-my-guest","status":"publish","type":"post","link":"https:\/\/business.cornell.edu\/centers\/2017\/08\/01\/be-my-guest\/","title":{"rendered":"Be My Guest"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><head>\n<\/head><body><h2 class=\"wp-block-heading\">Jaydeep &ldquo;Jay&rdquo; Anand, MBA &rsquo;05<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"833\" height=\"555\" src=\"https:\/\/business.cornell.edu\/wp-content\/uploads\/sites\/6\/2026\/06\/Jaydeep-Anand-833x555-1.jpg\" alt=\"Be My Guest\" class=\"wp-image-6982\" srcset=\"https:\/\/business.cornell.edu\/wp-content\/uploads\/sites\/6\/2026\/06\/Jaydeep-Anand-833x555-1.jpg 833w, https:\/\/business.cornell.edu\/wp-content\/uploads\/sites\/6\/2026\/06\/Jaydeep-Anand-833x555-1-300x200.jpg 300w, https:\/\/business.cornell.edu\/wp-content\/uploads\/sites\/6\/2026\/06\/Jaydeep-Anand-833x555-1-768x512.jpg 768w\" sizes=\"auto, (max-width: 833px) 100vw, 833px\"><\/figure>\n\n\n\n<p>Jay Anand attributes his remarkable record of success in business to a relentless focus on bottom-line results and a commitment to treating every customer as if each were a guest in his home.<\/p>\n\n\n\n<p>Anand has spent over two decades managing diverse businesses, including a $100 million consumer electronics division, a Boston-based industrial gas business, and the Asia Pacific\/Middle East subsidiary of a medical device manufacturer.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"709\" height=\"406\" src=\"https:\/\/business.cornell.edu\/wp-content\/uploads\/sites\/6\/2026\/06\/Jaydeep_Anand.jpg\" class=\"wp-image-6983\" srcset=\"https:\/\/business.cornell.edu\/wp-content\/uploads\/sites\/6\/2026\/06\/Jaydeep_Anand.jpg 709w, https:\/\/business.cornell.edu\/wp-content\/uploads\/sites\/6\/2026\/06\/Jaydeep_Anand-300x172.jpg 300w\" sizes=\"auto, (max-width: 709px) 100vw, 709px\">\n<figcaption class=\"wp-element-caption\">Jay Anand, group COO of FIVE Holdings, at the FIVE Palm Jumeirah in Dubai<\/figcaption><\/figure>\n\n\n\n<p>Today, he serves as group COO of FIVE Holdings, a developer of high-end luxury hotels and residences worldwide. FIVE Holdings&rsquo; latest project is the FIVE Palm Jumeirah in Dubai, a five-star, $1 billion resort built on the world&rsquo;s largest man-made island and featuring 477 luxury guest rooms, which opened in March 2017.<\/p>\n\n\n\n<p>Regardless of industry, Anand takes a consistent approach toward managing the organization. &ldquo;Business is all fundamentally the same,&rdquo; Anand says. &ldquo;It&rsquo;s about the application of knowledge, common sense, and connecting the dots. I am very clear that the goal of any enterprise I run is to increase shareholder wealth. I am focused on the bottom line and always have EBITDA [earnings before interest, taxes, depreciation, and amortization] at the core of my decision making.&rdquo;<\/p>\n\n\n\n<p>Anand counts the Sanskrit saying, &ldquo;<em>atithi devo bhava,<\/em>&rdquo; which means &ldquo;my guest is my lord,&rdquo; as a core tenet of his business philosophy. &ldquo;The word &lsquo;guest&rsquo; can be interpreted as &lsquo;customer,&rsquo;&rdquo; Anand says. &ldquo;If you treat your customers well, there&rsquo;s no way you can lose.&rdquo;<\/p>\n\n\n\n<p>He also believes that a successful leader chooses to be the &ldquo;man in the arena,&rdquo; willing to make quick, difficult, and at times unpopular decisions for the betterment of the organization. &ldquo;You can&rsquo;t be a spectator, and you can&rsquo;t be afraid of making a decision, whether it&rsquo;s servicing the customer or looking at cost cutting,&rdquo; Anand says.<\/p>\n\n\n\n<p>Anand cites this willingness to lead as the key to opening the FIVE Palm Jumeirah hotel ahead of schedule. &ldquo;A project of this size in this part of the world is usually delivered a year late, if not more. We worked under enormous pressure, with the same contractors as everyone else, but took a top-down approach and held people accountable for getting the job done.&rdquo;<\/p>\n\n\n\n<p>Anand credits his <a href=\"https:\/\/www.johnson.cornell.edu\/programs\/emba\/metro-ny\/\" class=\"external\">Cornell Executive MBA<\/a> experience with helping him refine his approach to business. &ldquo;The curriculum was very well tailored for folks like me, with about a decade of experience. It was very humbling to sit in a class with such distinguished students and teachers.&rdquo;<\/p>\n\n\n\n<p>Anand&rsquo;s next project is the FIVE Jumeirah Village Dubai, which will include 254 serviced apartments with their own private sky garden and 247 hotel guest rooms in 60-story circular hotel. The property, which has already won 16 awards for innovative design, is projected to open in 2018.<\/p>\n\n\n\n<p>Married with a daughter and twin boys, Anand enjoys yoga, diving, and driving his prized Ferrari around Dubai.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>Jaydeep &ldquo;Jay&rdquo; Anand, MBA &rsquo;05 Jay Anand attributes his remarkable record of success in business to a relentless focus on bottom-line results and a commitment to treating every customer as&hellip;<\/p>\n","protected":false},"author":33,"featured_media":6982,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[171],"tags":[196],"ppma_author":[11],"class_list":["post-6981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alumni-profiles","tag-archived"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.2 (Yoast SEO v28.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Be My Guest - Cornell Business Centers &amp; 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