Dear All Friends,
There may have been many turnaround stories of Indian corporates in recent past. It may be easy to turnaround a new generation organisation but affecting turnaround a company with 90 years of age and century old corporate legacy; perhaps even difficult to dream for any one. The company, who in 1997 was on the verge of closure and was planning for down sizing and financial restructuring with 5000 employees and only a mere 18% of market share with no exports, started excellence journey in 1998 to bring about transformation under the charismatic leadership of Mr. Bushen Raina.
It is all about TCIL - a Tata group company manufacturing tin plates. Due diligence prescribed re-engg. of processes / systems and quest for challenging status quo within made it possible. Bhushen Raina, Managing Director changed the way TCIL used to do business. In twelve years, renewed vision of the company aims to become an industry leader in value creation, servicing packaging needs and creating a greener future. Sales / production increased to 125%, exports touched to 28% and employees strength reduced to 1715 thus figured out as a case study of IIM-A. The long association of 40 years of Mr. Raina with Tata group is it self a story specially when new age professionals consider themselves corporate fossil within 2-3 years of service. Business Manager cover feature is on perspective of Mr. Raina, the corporate leader on all contemporary & HR / Org. issues, who made this turnaround possible.
regds,
anil kaushik
chief editor,BUSINESS MANAGER
B-138,Ambedkar Nagar,alwar-301001 (raj) india
Landline;0144-2372022
Mob;09829133699
YOUR TODAYS PROBLEMS ARE YESTERDAYS WRONG DECISIONS
There may have been many turnaround stories of Indian corporates in recent past. It may be easy to turnaround a new generation organisation but affecting turnaround a company with 90 years of age and century old corporate legacy; perhaps even difficult to dream for any one. The company, who in 1997 was on the verge of closure and was planning for down sizing and financial restructuring with 5000 employees and only a mere 18% of market share with no exports, started excellence journey in 1998 to bring about transformation under the charismatic leadership of Mr. Bushen Raina.
It is all about TCIL - a Tata group company manufacturing tin plates. Due diligence prescribed re-engg. of processes / systems and quest for challenging status quo within made it possible. Bhushen Raina, Managing Director changed the way TCIL used to do business. In twelve years, renewed vision of the company aims to become an industry leader in value creation, servicing packaging needs and creating a greener future. Sales / production increased to 125%, exports touched to 28% and employees strength reduced to 1715 thus figured out as a case study of IIM-A. The long association of 40 years of Mr. Raina with Tata group is it self a story specially when new age professionals consider themselves corporate fossil within 2-3 years of service. Business Manager cover feature is on perspective of Mr. Raina, the corporate leader on all contemporary & HR / Org. issues, who made this turnaround possible.
regds,
anil kaushik
chief editor,BUSINESS MANAGER
B-138,Ambedkar Nagar,alwar-301001 (raj) india
Landline;0144-2372022
Mob;09829133699
YOUR TODAYS PROBLEMS ARE YESTERDAYS WRONG DECISIONS
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