Professional Documents
Culture Documents
Amita Joshi at
Samuel Drugs Ltd.
Human Resource Management
Group 3
Ankit Agarwal Rahul Goyal
PGP37226 PGP37255
Group 3
Part 2: Part 5:
Appointment of Joshi as CEO Future course of action
Part 3: Part 6:
Amita Joshi as CEO Investor perspectives
History of
Founded by Samuel Houston, CEO, who owned 70% of the equity
Samuel Started operations on August 15, 1982.
Culture at Samuel
Drugs
Appointment of Joshi as CEO
Samuel Houston Dr. J. J. Mehta Rohin Das Dr. Amita Joshi
1982-1996 1996-2003 2003-2005 2005 onwards
Founder and CEO Stalwart of Samuel Interim CEO Appointed with great
Visionary Drugs, was appointed Industry stalwart haste after Samuel drugs
Highly optimistic of the CEO nearing his retirement posted its first ever loss
company’s growth Deep-rooted allegiance Final appointment was
prospects to organization delayed due to certain
Skepticism about the disagreements amongst
growth possibilities, the board members
concerned with growth Company reported its
of bottom line first ever annual loss of
INR 20 million
Amita Joshi as CEO
Strengths
Intelligent
Non- Conformist (defied irrational norms, spoke out against discrimination)
Methodical and organized
Accessible to employees
Took hard decisions when required (40% cut in manpower)
Excellent administrator
Believed in People- in their inherent capability and willingness to work
Amita Joshi as CEO
Weaknesses
Trusted people easily
Too much faith in other person’s integrity
Wasn’t able to judge people on a personal level (good or bad)
Gave full autonomy where it was not required
She took things personally (She felt betrayed and disgusted that somebody she had given major
promotion could do this to her)
She believed that like her, everyone adhered to moral and ethical principles
Rajesh Mishra Mishra as Director of
Marketing
During the first two months, Samuel Drugs got several orders that helped meet its
He was general manager of sales in Samuel Drugs working capital needs
He had steadily risen through the ranks Within the organization, Mishra was regarded as a highly rational person
He was known to have excellent relationships with all his He was logical and charismatic, and convinced everyone of his capability and his
previous bosses passion for the job
He had impeccable performance records He was more of a maverick than a collaborator
He insisted on going alone to marketing negotiations, at which he had a very high
success rate
He commanded great respect for his composure in the face of pressure and his
crisis-management skills
Future course of Action
What actions can be taken by Dr. Amita Joshi
Since EPL is a subsidiary of Samuel Drugs which can help it in Ask Mishra to resign from the post of Managing
distribution of drugs in areas which are less accessible by the Director of EPL.
Samuel Drugs Lmt., Dr Amita Joshi can maintain good rapport
with Mishra and leverage the opportunity to increase profitability
This action might set a tone for future decision being
taken by executives for the benefit of parent
of Samuel Drugs.
organization instead of subsidiaries alone.
Delegating the responsibilities to the managing directors of
subsidiary units with some constraints can help to avoid such
This course of action can be negative for the image of
the company, its management and leadership (internally
situations in future. OR and externally)
Retaining Mishra as he can handle two departments at the same
time.
Extra burden of employing a managing director of EPL
again under the existing constraints of the company.
Establishing better communication amongst the departments and
decision making should not be completely autonomous. Rather
there should be some horizontal coordination amongst MD and
CEO
Since EPL was a separately traded entity from Samuel Drugs, investors would see
this as a loss of a huge opportunity.
Also, since the tender was crucial was crucial for Samuel Drugs to meet forecasts,
this could mean future dissent among investors.
How Dr. Amita Joshi handles the situation thus becomes very important since
investors will be looking closely for an explanation.
As an investor, the main focus is on competitive returns, which Samuel Drugs has
been delivering for some time.
Investor
Since EPL handled a large chunk of portfolio of Samuel Drugs, superior
performance by EPL might even lead to investors shifting towards EPL for higher
returns.
Perspectives
Thank you!