IF WORLD-CLASS NEEDED AN INDIAN SYNONYM...
In the era
of post-license Raj, when many business conglomerates were forced to bid adieu to the corporate sector, the legendary Tata group withstood it all. The man behind the scenes was Ratan Tata, who took over from J. R. D. Tata in 1991. First on the target was the culture of the organisation that was institutionalised in the organization since its birth. The relation between the management and employees witnessed a see-saw change – it became more of a practical than a munificent one. To safeguard Tata’s interests within these companies, Ratan decided to raise the conglomerate’s stake (through parent holdings) in all the group companies to minimum 26%. With Ratan sitting at the helm of Tata, an era of corporate management came up.
For Complete IIPM-Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
In the era
of post-license Raj, when many business conglomerates were forced to bid adieu to the corporate sector, the legendary Tata group withstood it all. The man behind the scenes was Ratan Tata, who took over from J. R. D. Tata in 1991. First on the target was the culture of the organisation that was institutionalised in the organization since its birth. The relation between the management and employees witnessed a see-saw change – it became more of a practical than a munificent one. To safeguard Tata’s interests within these companies, Ratan decided to raise the conglomerate’s stake (through parent holdings) in all the group companies to minimum 26%. With Ratan sitting at the helm of Tata, an era of corporate management came up.For Complete IIPM-Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
Another Blog By Me:-
s in south and west Asia have clearly shown how violent techniques to demand even justifiable rights have resulted in stand-off positions spreading over decades. Democracy has always provided the most wonderful structures for minorities to reclaim rightful privileges, and in the shortest time. Sri Lanka is surely not an autocracy, and still runs on the very tenets that democracy stands for. LTTE has been repeatedly provided the opportunity to undertake collective bargaining and democratic negotiation; offers which have been repeatedly spurned due to extremely myopic fears of losing out on territories gained till now. LTTE, and of course the Sri Lankan government, should realise that the straightforward solution to resolving the current conflict is in a few magic words – literacy, healthcare support, employment opportunities, improvements in per capita income and standards of living. Pray tell us, how tough can that be, compared to the billions of dollars wasted by both sides on war?