Harsh Goenka implemented a restructuring plan at RPG that included appointing business heads for each sector and establishing a Business Review Board for oversight. Common information systems were also implemented across RPG companies. These changes made operations more transparent and allowed companies to track their own and each other's progress. Key responsibilities were divided regionally and functionally among the leadership team.
Harsh Goenka implemented a restructuring plan at RPG that included appointing business heads for each sector and establishing a Business Review Board for oversight. Common information systems were also implemented across RPG companies. These changes made operations more transparent and allowed companies to track their own and each other's progress. Key responsibilities were divided regionally and functionally among the leadership team.
Harsh Goenka implemented a restructuring plan at RPG that included appointing business heads for each sector and establishing a Business Review Board for oversight. Common information systems were also implemented across RPG companies. These changes made operations more transparent and allowed companies to track their own and each other's progress. Key responsibilities were divided regionally and functionally among the leadership team.
Evaluate the restructuring plan that Harsh Goenka has put in place.
With new strategy in focus, RPG brought in an organizational change.
Business heads for each sector were appointed. Business Review Board constituted of these business heads, CFO, Head of strategic planning, CEO’s of companies falling under that sector, with Harsh Goenka and Sanjiv Goenka as Chairman and Vice Chairman respectively. Common management of Information systems were installed in all RPG Companies. These changes in the organizational structure made the operations of RPG very transparent, where companies could track not only their own progress but even that of other companies in the conglomerate. Head of strategy: New venture assessment CFO: Financial advisory to all the group companies Review all acquisitions and divestitures To manage relationships with Indian and foreign institutional investors. Division of responsibilities: Regional: Western Indian group companies was managed by Harsh Goenka while the Eastern Indian companies were managed by Sanjiv Goenka Functional: Harsh Goenka took responsibility for strategic planning and human resource development. Sanjiv Goenka took responsibility of Financial operations. RPG stayed away from collaborations with Indian Companies. RPG should revisit this decision as one of the two strengths of RPG was strategic alliance/ partnership with companies. A lot of resource was spent on internal development of talent and nurturing human resource as Harsh Goenka opined that the other strength was the management of human resource function at RPG.
Suppose A Team Plays Every Game Against Teams 10 Points Better Than Average But Loses by 1 Point Each Game. Then Their Rating Should Be +9, But They Still Lost Every Game