K.M.Birla is a chaiman of aditya birla who is son of a.v.birla. He decided to consolidate entire entire groupPs companies under one umbrella of the 3AdithyaPs birla group'. Critics dismissed him as a soft and shy person who lacked the business expertise and assertiveness of his father. In 1996 the market value of groupPs four largest companies grasim,
K.M.Birla is a chaiman of aditya birla who is son of a.v.birla. He decided to consolidate entire entire groupPs companies under one umbrella of the 3AdithyaPs birla group'. Critics dismissed him as a soft and shy person who lacked the business expertise and assertiveness of his father. In 1996 the market value of groupPs four largest companies grasim,
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K.M.Birla is a chaiman of aditya birla who is son of a.v.birla. He decided to consolidate entire entire groupPs companies under one umbrella of the 3AdithyaPs birla group'. Critics dismissed him as a soft and shy person who lacked the business expertise and assertiveness of his father. In 1996 the market value of groupPs four largest companies grasim,
Copyright:
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PRESENTED BY M. Abhinav Karthik 1226309105 |
| h Kumar Mangalam Birla is a chaiman of aditya birla who is son of A.V.Birla.
h business having total revenue of
INR 15,000 crores with assets of INR 16,000 crores.It had a strength of 75,000employees and 6,00,000 shareholders.
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h After taking up the change,K.M.Birla decided to consolidate entire entire group¶s companies under one umbrella of the ³V
h Many critics were opinion that ³K.M.Birla would unable to manage
the group successfully´
h When k.M.Birla handovered business from his father in 1995,his
critics dismissed him as a soft and shy person. who lacked the business expertise and assertiveness of his father A.V.Birla.
h An unapproachable management style and misplaced priorities the
result was the investors started selling off their shares .In 1996 the market value of group¶s four largest companies grasim ,indian rayon ,hindalco & indo gulf fertilizer suddenly decreased by $1billion or 37%.
h So K.M.Birla took several initiatives to prove his critics wrong.
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´ Aditya Godrej, the chairman of Godrej Group of Industries, is a man
of many interesting facets. As an entrepreneur he has been responsible for restructuring and modernizing his entire group and moving away from family hegemony that inflicts so many family- owned businesses in India. ´ e undertook a complete overhaul of his businesses and instilled new processes at a time when most" companies were resistant to change and saw any disruptive change as a threat to their business. ´ Aditya is also a businessman whose tech-savvy and personal interest in technology adoption has benefited his business immensely and added that bit of dynamism to the Indian FMCG industry. ´