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While Mukesh Ambani was crowned, Darryl Green exited gracefully!
“Growth
has no limit at Reliance. I keep revising my vision. Only when you dream it you can do it,” said Dhirubhai Ambani. And surely, his elder son Mukesh is keeping the legend’s vision alive as he became the ‘only trillionaire’ in the country. And who more worthy than Mukesh whose four companies’ combined MCap – including Reliance Industries Ltd., IPCL, Reliance Petroleum & Reliance Industrial Infrastructure Ltd. – exceeded the stunning Rs.2,50,000 crore mark of late!A chemical engineer and an MBA from Stanford University, Mukesh Ambani joined the business in 1981 and ever since has taken the company to newer heights. Some of the accolades which he has earned include ‘ET Business Leader of the Year’ (2006), being counted among the ‘World’s Most Respected Business Leaders’ et al. And these would be well deserved considering the dizzying heights he’s taken the Reliance group to.
Among his most noted and wellspun strategic moves during the past have been Reliance’s backward integration move from textiles into polyester, increase in Reliance Petrochemicals’ manufacturing capacity from sub-million tonnes to over 13 million tones today.
Then we have the fair-skinned Darryl Green, the media-shy Tata Teleservices CEO who recently bid good-bye to the company after a stint of two years, and a silent one at that. And the reason for his exit simply being voluntary as company sources divulged to 4Ps B&M: “Green had voluntarily resigned... He was not sacked...” Darryl had joined the company in 2005 after moving out as the head of Vodafone Japan where he had a name for being an expert at re-structuring. He also managed to bring in greater efficiency by consolidating 9 regional companies at Vodafone Japan.
Post his MBA at Dartmouth College, Green spent his early career days with AT&T (USA, Japan and Hong Kong). He spent 11 years in the company and was President & CEO of AT&T Japan, when he retired. However, having been an expert in the mature Asian markets, his performance in the emerging Indian market was far from satisfactory – perhaps the reason why TTSL didn’t work very hard to keep him back! But just as they say, ‘right talent doesn’t go unnoticed’, he has already been appointed as the Exec. VP & President of Manpower’s Asia and Pacific operations. Hopefully, this time round, Green’s competitors will go green... with jealousy, of course!
4Ps B&M Research: Shweta Kapoor
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
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