Rachel Kherzovli

Rachel Kherzovli · Chief Strategy Officer · India

From design work to the economics of a practice

May 2021 — Present

Chief Strategy Officer

Vezqulmi Wayfinding Practice

Sector
Wayfinding design and navigation-advisory services
Ownership
Founder interests 35%; employee vehicle 40%; private investor 25%; no personal equity
Company scale
₹59 crore FY ending March 2026: ₹42 crore projects and ₹17 crore annual updates
Employees
169 at March 2026; external specialists separate
Geography
Kochi-based regional practice with fictional commercial and institutional clients
Reporting to
CEO Suhas Teqzavli
Team
Fourteen colleagues through three leads
Financial scope
₹3.1 crore FY2026–27 function expense; separate ₹1.6 crore market-experiment provision

Mandate

Develop commercial choices that retain the professional work and client responsibilities behind the growth proposition.

Outcomes

  • Separated content updates from changed-route assessments in the recurring offer.
  • Changed a market test after distinguishing funded decisions from free enquiries.
  • Compared an integrated fabrication proposal with a different advisory-only role.
  • Declined a white-label arrangement without a workable receiving-client briefing route.

Decisions in context

I lead fourteen strategy colleagues through three leads and report to Suhas. The practice's 169 employees and ₹59 crore revenue describe enterprise scale, not my delegated resources. My function expense and separate market-experiment provision support the strategic work. Mariam coordinates qualified design and project owners, whose professional authority remains distinct. The recent cases examine how a growth proposal can change the service being sold, including its continuing work, buyer decisions and client access. I hold no personal equity or statutory appointment. A future board contribution would need preparation and company-specific assessment beyond the experience described here. I want a search partner to understand why these service-model questions matter to the enterprise, including the opportunities we declined and the limits of the evidence behind the next experiments. The role is not a claim to certify actual access, safety or navigation outcomes in a building.

Reason for the move

Current role; exploring a first board contribution with an accurate preparation and capacity position.

Jan 2016 — Apr 2021

Strategy Director

Vezqulmi Wayfinding Practice

Sector
Regional navigation design and continuing client services
Ownership
Private regional enterprise
Company scale
₹43 crore FY ending March 2017
Employees
137 in FY2017
Geography
Regional commercial and institutional interiors
Reporting to
Then Chief Executive Officer
Team
Ten strategy colleagues
Financial scope
₹1.9 crore annual function expense

Mandate

Develop growth propositions with an explicit account of the design service and its commercial scope.

Outcomes

  • Supported the word-count-led multilingual offer later revised.
  • Accepted the five-versus-seven scope distinction in twelve selected briefs.
  • Funded ₹18 lakh proposition revision without claiming measured visitor outcomes.

Decisions in context

I led ten colleagues with ₹1.9 crore annual expense within a 137-person practice. Its ₹43 crore FY2017 revenue was company context rather than my own spending authority. The multilingual offer belongs in this period because I promoted its simple pricing unit before understanding all the work some briefs required. Mariam's review showed why translated word count did not describe every journey-design need. I accepted a more differentiated proposition and the expense of explaining it. That correction did not make translation a poor service; it established where the bounded offer was appropriate and where another scope was needed. The experience shaped my later work on recurring updates and partner arrangements. I carried the mistake into the CSO appointment rather than let the promotion imply that I had always understood the service boundary or that a revised offer had already produced a measured result for every user.

Reason for the move

Promoted to CSO with broader responsibility for the practice's service portfolio and market choices.

Sept 2009 — Dec 2015

Commercial Planning Manager

Vezqulmi Wayfinding Practice

Sector
Wayfinding consultancy and visual navigation services
Ownership
Privately held practice
Company scale
₹26 crore FY ending March 2010
Employees
Ninety-eight in FY2010
Geography
Kochi-led regional assignments
Reporting to
Commercial director
Team
Seven colleagues
Financial scope
₹92 lakh annual function expense

Mandate

Connect project proposals with the client decisions and continuing responsibilities surrounding the design work.

Outcomes

  • Developed comparisons that retained design and update responsibilities.
  • Learned how changing destinations affected the continuing service relationship.
  • Built commercial planning experience before leading the strategy function.

Decisions in context

Joining Vezqulmi gave me a continuing view of how a navigation practice served places that changed after opening. I led seven colleagues under the commercial director, with ₹92 lakh annual expense. The enterprise employed ninety-eight people and recorded ₹26 crore FY2010 revenue. I worked on proposals whose apparent deliverables were visual but whose success depended on client decisions and later maintenance responsibilities. The task was to describe those relationships commercially without pretending to replace the qualified design judgement. I began to see why a completed set of objects did not necessarily close the business relationship. The next promotion extended that concern into growth choices across the practice. It did not erase the limitations of the planning role or turn every proposal I helped prepare into an independently attributable commercial outcome for which no separate evidence had been recorded.

Reason for the move

Promoted to strategy director as responsibility expanded from proposal planning to the service portfolio.

Jun 2002 — Aug 2009

Service-planning Lead

Taqvelmri Design Services

Sector
Visual communication and service planning
Ownership
Private regional studio
Company scale
₹13 crore FY ending March 2003
Employees
Seventy-four in FY2003
Geography
Regional design assignments
Reporting to
Planning director
Team
Five colleagues
Financial scope
₹48 lakh annual function expense

Mandate

Clarify the activity and client decisions supported by a visual communication assignment.

Outcomes

  • Connected design deliverables with the receiving team's responsibilities.
  • Coordinated a small planning group within a larger studio.
  • Developed an interest in service economics and continuing client work.

Decisions in context

I led five colleagues with ₹48 lakh annual function expense in a seventy-four-person studio. Its ₹13 crore FY2003 revenue described the enterprise rather than the resources I controlled. Under the planning director, I worked closer to the client's brief and the decisions surrounding a visual deliverable. A request could sound complete while leaving uncertain who would approve a change or maintain the result. I learned to make those responsibilities part of the discussion without treating every uncertainty as a reason to delay ordinary work. More than seven years in this role developed my interest in the economics of a continuing service. I wanted to understand how a practice could fund the judgement its clients relied on, which led to the commercial planning appointment at Vezqulmi. The move changed my responsibilities while preserving the design background from which those questions had developed.

Reason for the move

Moved to Vezqulmi to work on commercial planning within a specialist navigation practice.

Jul 1996 — May 2002

Junior Designer

Taqvelmri Design Services

Sector
Visual communication design
Ownership
Private studio
Company scale
₹5 crore FY ending March 1997
Employees
Thirty-six in FY1997
Geography
Supervised regional design work
Reporting to
Studio manager
Team
Individual contributor
Financial scope
No delegated spending authority or direct reports

Mandate

Prepare assigned design work under supervision and learn how the receiving activity shaped its usefulness.

Outcomes

  • Developed supervised visual communication practice.
  • Learned to ask what the receiving person needed to understand next.
  • Built a foundation for later service-planning responsibilities.

Decisions in context

I started in July 1996 after the full-time design degree ended that May. Taqvelmri employed thirty-six people and recorded ₹5 crore FY1997 revenue. I reported to a studio manager and had neither a team nor delegated spending authority. Preparing an artefact made completion visible, but it did not always establish whether the receiving activity had been supported. I began asking what someone needed to understand or do after encountering the work. Those early questions were modest and supervised; they should not be rewritten as if I already controlled the studio's strategy. Nearly six years of practice gave me the experience to take a small planning role. The chronology retains that starting point because the later commercial perspective grew from observing how a design was used, not from an executive title applied retrospectively to junior work.

Reason for the move

Promoted into service planning after practical studio experience.

What I am looking for next

I would like to explore a first board contribution in a design-led or professional-service enterprise where growth depends on judgement that is easy to leave out of a commercial unit. My experience could help directors examine the service behind recurring revenue, a contract headline or a proposed distribution arrangement. It does not establish readiness to chair a committee or supply every specialist view a company requires. I have not registered in the IICA databank or completed the proficiency assessment, and I assert no exemption. Any actual opportunity needs the appropriate preparation, eligibility, independence and relationship reviews. Twenty-two days is an initial annual capacity estimate to test against induction, reading, travel and exceptional demands. I would seek a chair who values practical service-model questions and can help me use them through collective oversight. The fit should be assessed against the particular enterprise's needs, with my current executive commitments and unfinished preparation visible from the outset.