MUMBAI: The Tata group, India's largest diversified conglomerate, has launched an initiative to create a pipeline of future leaders who will be mentored by multiple chief executives for up to two decades compared with one year now.
The exercise is aimed at preparing potential leaders to tackle a rapidly evolving business climate as the group looks to more than double market value to $350 billion in a decade as part of chairman Cyrus Mistry's Vision 2025.
"Handholding for one year is not enough. When you are grooming future leaders you need to be involved for longer periods," said NS Rajan, group chief human resources officer at Tata Sons, the holding company of the group that has interests from salt to software.
Some of this will involve going back to school and helping to promote innovative thinking. Undergraduate professors will take classes in organisational behavior, behavioural economics and industrial psychology, while painters, musicians, dancers and poets will help bring a new perspective.
"If you can start the process it will give you an opportunity to think differently," Rajan said. "We normally look at any problem with a linear analytical lens; there is a need to exercise the right side of the brain. Today the customer is more informed and always has options and if you are not creative you will not put forward the best solutions."
Tata Global Beverages @ 125 - biggest beneficiary of restructuring at Tata Group: -Porinju
The exercise is aimed at preparing potential leaders to tackle a rapidly evolving business climate as the group looks to more than double market value to $350 billion in a decade as part of chairman Cyrus Mistry's Vision 2025.
"Handholding for one year is not enough. When you are grooming future leaders you need to be involved for longer periods," said NS Rajan, group chief human resources officer at Tata Sons, the holding company of the group that has interests from salt to software.
Some of this will involve going back to school and helping to promote innovative thinking. Undergraduate professors will take classes in organisational behavior, behavioural economics and industrial psychology, while painters, musicians, dancers and poets will help bring a new perspective.
"If you can start the process it will give you an opportunity to think differently," Rajan said. "We normally look at any problem with a linear analytical lens; there is a need to exercise the right side of the brain. Today the customer is more informed and always has options and if you are not creative you will not put forward the best solutions."
Tata Global Beverages @ 125 - biggest beneficiary of restructuring at Tata Group: -Porinju
Read more at:
http://economictimes.indiatimes.com/articleshow/49038793.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
http://economictimes.indiatimes.com/articleshow/49038793.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
No comments:
Post a Comment