Don’t blame Ratan Tata and Kumar Mangalam B
irla alone for failing to capitalize on emerging opportunities in various sectors. It was a then upstart entrepreneur called Sunil Mittal who gambled and won big time in telecom through Bharti and Airtel. Before,another virtually unknown person called Subhash Chandra who gate crashed into the media and entertainment market through the ZEE network. Even in the rapidly growing retail sector, it is Kishore Biyani of the Future group that has won the early skirmishes against more established business houses. In Information Technology, the Tata group (TCS) is the only old business house to have a strong presence. The other leaders were new kids on the block till about a generation ago. In aviation, it is another entity called Naresh Goyal whose Jet Airways humbled old business families. And, the irony is, when the Delhi and Mumbai airports were privatised last year, a now established entrepreneur called Sunil Mittal along with Anil Ambani was pipped to the post by the GVK and GMR groups. Clearly, there is something about being a new kid on the block that makes them tick!
For Complete IIPM Article, Click on IIPM Article
irla alone for failing to capitalize on emerging opportunities in various sectors. It was a then upstart entrepreneur called Sunil Mittal who gambled and won big time in telecom through Bharti and Airtel. Before,another virtually unknown person called Subhash Chandra who gate crashed into the media and entertainment market through the ZEE network. Even in the rapidly growing retail sector, it is Kishore Biyani of the Future group that has won the early skirmishes against more established business houses. In Information Technology, the Tata group (TCS) is the only old business house to have a strong presence. The other leaders were new kids on the block till about a generation ago. In aviation, it is another entity called Naresh Goyal whose Jet Airways humbled old business families. And, the irony is, when the Delhi and Mumbai airports were privatised last year, a now established entrepreneur called Sunil Mittal along with Anil Ambani was pipped to the post by the GVK and GMR groups. Clearly, there is something about being a new kid on the block that makes them tick!For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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