AMUL STORY-- FROM KURIEN TO BMV
BMV, as he is commonly called in Federation, after an illustrious career in AMUL, finally called it a day, amidst high level of politics. My point of discussion is very different from what the scenario is, whether, it is right or wrong, or whether the politics is right or wrong and the larger question who is on right side or wrong side. No doubt, RS Sodhi who has taken the baton, whether permanently or temporarily is equally capable leader, with his own strengths, and no doubt, even if it is not now, but at later stage, it would have been him(RS Sodhi), who would have been natural choice.
The pertinent question at this, with 8000 crore turnover and built over foundation which is in co-operative, BMV should not have left in this unceremonious fashion. To support my point, we have history of AMUL where in BMV has driven Federation to half the size of HUL turnover. And if you dwell inside, it does not have half the expenses which HUL makes in terms of Branding, Employee salaries etc etc.
The structure of federation has withstood all the competition and changes in environment only because of three things, first is Dr Kurien, who has given it birth, Second is the brand AMUL, which has, no doubt created a niche impregnable and last but not the least, BMV, who has driven the organisation thru all these times.
The exit of Kurien(I do not want to dwell into the circumstances, under which he had exit) did not have much of effect because the leadership it had left has no flaws but it was exact carbon copy of his style of functioning, authoritative and visionary, in form of BMV. And thus Federation was able to absorb the jolt, but this second jolt would shake the structure of federation, which may now go into the hands of people greedy for power and votebank, and the position with which RS Sodhi would veil his flag would also be weakened.
My only point is no such jolt or tremor should have occurred to federation at the time when it is going for next level. It would be no time when it can be 10000 cr organisation.
2. INDIAN RETAIL SECTOR-- FROM BOOM TO DOOM
Once, not long back, it was the blue eyed boy. The number of jobs created in this sector was more than anywhere else. Likes of Walmart were bullish on it. No corporate house in India was lagging behind to catch the bandwagon. As of now many retail stores are getting closed. The chain Subhiksha is on the brink of closure. What ails this sector. Has the Economic Recession taken the toll or the basics were not right. (Read Full Analysis)
THE LEARNING POINT
No comments:
Post a Comment