Hero Hon
da’s market capitalization is now a whopping Rs.188 billion. One of the biggest weapons up the family’s sleeves has been their uncompromising capability to innovate and change with market dynamics. Headed by the visionary Brij Mohanlal Munjal, the Hero group has diversified into a number of businesses. In order to reduce dependence on a particular sector, the group is now into ITES (Hero Mindmine), finance, steel rolling and components. Now, in the relatively younger hands of Pawan and Pankaj Munjal, the Munjal family is undoubtedly a part of the business clan that have not only survived the ruthless brunt of intense foreign competition in the post liberalising period, but have beaten them hands down. One of the finest examples in our list of post-1991 survivors – and spectacular leaders – the Hero group, for the want of a better term, has redefined what heroes are really made of!
For Complete IIPM-Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
Another Blog By Me:-
da’s market capitalization is now a whopping Rs.188 billion. One of the biggest weapons up the family’s sleeves has been their uncompromising capability to innovate and change with market dynamics. Headed by the visionary Brij Mohanlal Munjal, the Hero group has diversified into a number of businesses. In order to reduce dependence on a particular sector, the group is now into ITES (Hero Mindmine), finance, steel rolling and components. Now, in the relatively younger hands of Pawan and Pankaj Munjal, the Munjal family is undoubtedly a part of the business clan that have not only survived the ruthless brunt of intense foreign competition in the post liberalising period, but have beaten them hands down. One of the finest examples in our list of post-1991 survivors – and spectacular leaders – the Hero group, for the want of a better term, has redefined what heroes are really made of!For Complete IIPM-Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
Another Blog By Me:-
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