Premium Essay

Michel Fernandes at Nicholas Piramal

In: Business and Management

Submitted By jaspercgl
Words 1057
Pages 5

1. What is at stake for the business development function and for the company as a whole?
1) Sake for Business Development Function:
Due to managerial conflicts between 3 senior managers, original plan will not be fully developed or properly implanted.
As a result, integration as one will collapse if three senior managers do not communicate or work as a team.

2) Stake for a Company as a Whole:
Firstly the inefficient management will increase the managerial cost which leads to revenue loss and loss of future earnings growth opportunities. The weaker financial position might further lead the company losing its competitiveness in the global market.
In addition, the risk for running management inefficiently in a long term will be the collapse of the whole company. The cost here will be restructuring of the whole operations.

2. Why is conflict occurring? Even at the beginning of the acquisition, the structure of the company is already unclear and complex. Three different plants were independent companies and completely separated. Firstly, cultural conflicts between different companies and also among three management seniors have become a sever barrier for effective operations and communications for the management of the company. Grundy complained that Ananth’s Indian action-oriented operational style will not fit in with English plan/do/review style. Anath’s idea “hustle” does not meet agreement with Grundy and Scherrer. In addition, Scherrer complains that her expertise team in Canada does not work along well with Indianan team. The second issue can be addressed by the lack of trust between managers. As a consequence, they do not work as a team. Anath requires too much power in the team and his operational management is also considered as an aggressive…...

Similar Documents

Free Essay

Tony Fernandes

...In succession planning, the Tony Fernandes recognized as a central presence in an organization can be inhibited. He has said that good leadership is to know when to go, only to succeed is a good leader, but if someone else transport and the company has become more solid. Then, you can succeed as a leader. He also said Air Asia would not leave just yet, but it is certain that he will not make that mistake. He also has something more to be done, but there are also young people who come to gradually increase that he was very happy, very confident, when he is gone, he sold lots and lots of energy to the one by date, the company will continue to grow, from the development and growth, he had succeeded. On the other hand, Tony Fernandes show his commitment on the strategic positioning of his brand is by providing low prices and quality service, courage and vibrant spirit of Air Asia, Air Asia molded into the vanguard of an international brand. His brand strategy include: creative use of public relations, publicity of our passengers and our aircraft characteristics, which has won widespread praise establish Air Asia brand; with major world-renowned brands together will greatly enhance the strategic brand grade Air Asia. Sales, his website is Asia's first name travel services site, is Asia's largest e-commerce site, creating a web page hits monthly record of 110 million times, more than 200 countries users Surf. He set up an effective network of retail......

Words: 268 - Pages: 2

Premium Essay

Tony Fernandes

...Tony Fernandes, founder and CEO of Asia's first low-budget carrier Air Asia, talks with Andrew Stevens. Tony Fernandes, founder and CEO of Air Asia BLOCK A A: Tony Fernandes, welcome to Talk Asia. T: Thanks for having me. A: We talk about you, a lot of people talk about you and describe you as the Richard Branson of Asia. Do you like that comparison? T: Well, I mean Richard Branson has done a lot of great things, so it's a bad comparison, but we're very, very different people, from a business philosophy. We're also very similar in some areas, but we are different business-wise. But there could be worse people that we're compared to. A: Mr. Branson, Richard Branson, has actually just bought into your long haul operation, which is gonna be starting shortly, taking 20 percent for not a huge amount -- under 10 million, we believe. What are you gonna get out of that? How do you get the Branson name or magic involved in that? T: Well, I think what a lot of people have missed out, is we started this idea about two years ago. I mean we're obviously friends, we've known each other for a long time, I worked for him initially, 20 odd years ago. So we talked about doing something together. We talked about Virgin Blue first, but that didn't work out 'cause he had a funny kind of partner back then. Through a conversation we said, hey, why don't we try this out. And, so he's really a founder as much as I am, and I think if this model works, there's no reason why it can't go into...

Words: 3446 - Pages: 14

Premium Essay

Siir Charles Nicholas Branson

...Richard Charles Nicholas Branson was born on July 18, 1950 in Surrey, England. His parents both worked blue collar jobs with average pay. At the age of 13 he transferred from an all-boys school to a boarding school. In the year 1966 Richard, noted to have dyslexia, dropped out of school at the age of 16. It was at this time that he actually began his first business endeavor. He started a youth-culture magazine by the name Student. This magazine which was ran by students, simply for students, grossed $8,000 on its first publication. Once Branson covered the costs with advertisings, the first print of 50,000 copies was distributed for free. Just 4 year later Branson began a record mail order business. A year later he founded chain of record stores, currently known as Virgin Megastores. Branson's Virgin brand expanded quickly throughout the 80’s. He went on to make the Virgin Records music label much larger, as well as, to create Virgin Atlantic Airways. The Sunday Times Rich List reports him to be worth over £4 billion (equivalent to US$7.8 billion). Sir Richard Branson is an anomaly. He started out a high school dropout and worked his way to being a multi-billionaire. Mr. Branson has become an icon as a leader in his business endeavors and the industries in which they are in. According to Hellreigel, D. & Slocum, J., (2011), through his company Virgin Group, LTD, Mr. Branson “has turned a lifelong disdain for conventional business wisdom into a multibillion dollar......

Words: 1625 - Pages: 7

Free Essay

Nicholas Romanov's Role in the Russian Revolution

...collapse of autocracy in Russia? Nicholas Romanov was an indecisive man who was easily influenced by others. Although it was not his character that was the decisive factor in bringing on the revolution. He may have been a leader at the wrong time but if he had related better for the time he was in power. Russia before 1917 was the largest country under one empire. In economic terms it was backward as it was late industrialising and late to emerge from feudalism. In political terms it was also backward as there was no legal political parties nor was there any centrally elected government Russia at this time was under tsarist rule by Nicholas II of the Romanov empire. Nicholas II was brought up by his father Alexander III who didn't believe that his son could take an intelligent interest in anything and therefore did not educate him in the business of state . The fact that his father who died at age 49 thought that he had many more years ahead of him may also be another factor behind Nicholas' poor leadership of Russia . Alexander who died in 1894 had left Russia with a society no longer controlled by tsarist rule and when Nicholas took the throne after his father's death Russian society was not prepared to turn on it's heels and return to how it use to be . Nicholas II was 26 when his father died and was soon to marry the German princess, Alix of Hess, Granddaughter of Queen Victoria . The relationship between Alexandra and Nicholas was a 'critical relationship at......

Words: 1327 - Pages: 6

Premium Essay

Tony Fernandes

...Tony Fernandes founded Tune Air Sdn Bhd in 2001, with a vision to make air travel more affordable to Malaysians. With that in mind, Tony and his three partners bought over AirAsia from its owner DRB-Hicom. Tune Air's initial project was to remodel AirAsia into a low fare no frills carrier after successful low fare airlines such as U.S.-based Southwest Airlines and Dublin-based Ryanair and create a new aviation product in Malaysia . AUTOCRATIC only one person has the authority over the followers or workers. Their decision has to be taken as the golden rule and should never be questioned. They plan out everything and order their subordinates to work according to their rules. For instance, if a company has an autocratic leader as the Managing Director, the employees in the company would have to work as per the rules set down by him. They would not be expected to make any contribution from their side, which may actually help in enhancing the productivity of the company. In short, the autocratic leader has full control of those around him and believes to have the complete authority to treat them as he wants. AirAsia’s Dato’ Tony Fernandes Promises To Resolve Problems Faced By Disabled Persons July 20th, 2007 - Friday The Barrier-Free Environment and Accessible Transport Group (BEAT) met with AirAsia Group Chief Executive Office Dato’ Tony Fernandes this morning. 16 representatives from various NGOs attended the meeting that resulted from the protest at LCCT-KLIA. From the......

Words: 930 - Pages: 4

Premium Essay

Tony Fernandes

...International Journal of Business and Management; Vol. 8, No. 24; 2013 ISSN 1833-3850 E-ISSN 1833-8119 Published by Canadian Center of Science and Education Transactional and Transformational Leadership: A Comparative Study of the Difference between Tony Fernandes (Airasia) and Idris Jala (Malaysia Airlines) Leadership Styles from 2005-2009 Arif Kamisan, P1 & Brian E. M. King1 1 School of Hotel and Tourism Management, The Hong Kong Polytechnic University, Hong Kong, China Correspondence: Arif Kamisan, P, School of Hotel and Tourism Management, The Hong Kong Polytechnic University, 17, Science Museum Road, East Tsim Sha Tsui, Kowloon, Hong Kong. Tel: 852-3400-2645. E-mail: Received: May 27, 2013 doi:10.5539/ijbm.v8n24p107 Abstract Leadership plays an essential role in the success of managing organisation. The purpose of this paper is to examine the leadership styles of two leaders in managing the two biggest airline companies in Malaysia namely, Malaysia Airlines and AirAsia. The results showed that the strong leadership style and approach by the two have contributed to the success of the mentioned airlines. The transactional and transformational approaches have significantly given impact in managing the organisation in the current competitive business environment. Other leadership constructs such as entrepreneurial, ethical, innovative and creative have emerged from the two key leaders in this study and require further discussion in the future.......

Words: 7350 - Pages: 30

Free Essay

Jean Michel Jarre in Monaco

...July the 1st, 2011 was a memorable and exciting day for the city of Monaco because it held the wedding of Albert II, prince of Monaco, and Charlene Wittstock. It has been described as Monaco's "biggest party in 55 years", in other words, the biggest since the wedding of Albert's parents. The celebration included a special performance by the French composer, performer, and music producer, Jean Michel Jarre. The concert was an event offered to the public, open to all without restrictions, and free in this natural arena which was the massive Port Hercules located in North Monaco. The audience was standing on the docks in front of a 650 foot long stage, which included 6 huge rectangular shaped projectors held next to each other. A high-tech visual extravaganza above the 650 foot-long stage was synchronized to Jean Michel Jarre's music and includes state-of-the-art light and HD video effects featuring lasers and pyrotechnics. The performance was filmed in HD by 18 cameras for live feeds on Euronews and via Ustream online. It was a two hour show. There wasn't a specific dress code actually; the audience wore what they wanted because it was a public event. The style of music Jean was playing was very different than any other style I've ever seen. The performance included styles or genres like Ambient, New Age, Electronic, Trance, and Progressive rock, all combined to make various beautiful melodic pieces. I found out that the audience in the concert was interacting with the style...

Words: 905 - Pages: 4

Premium Essay

Itm. Piramal Healthcare

...ASSIGNMENT INTRODUCTION TO MANAGEMENT PIRAMAL HEALTHCARE LTD. [pic] INDEX SR.NO. PARTICULARS PAGE NO. 1 INTRODUCTION 3 2. VISION AND VALUES 4 3. ORGANIZATION STRUCTURE 5 4. HUMAN RESOURSCE MANAGEMENT 6 5. INNOVATION 9 6 OPERATION MANAGEMENT 11 INTRODUCTION Piramal Healthcare Ltd., a Piramal Group company, is a globally integrated healthcare company that fulfills unmet medical needs across the world. It has a growth track record of above 29% CAGR since 1988. Piramal Healthcare had consolidated revenues of THEM$ 656 million in FY2009. PHL is currently ranked 4th in the Indian market with a diverse product portfolio spanning several therapeutic areas. It is also one of the largest custom manufacturing companies with a global footprint of assets across North America, Europe and Asia. VISION AND VALUES They believe they can create value only if they care for the ones they serve, that their care will have an impact only if it is followed by timely and bold action, and that they will take timely action if it is backed by......

Words: 1217 - Pages: 5

Free Essay

Michel and His Love for Life

...Michel and his Love for life The evening was overcast with gray and darkened clouds. The cold and chilly wind coupled with the occasional thunder gave signs of an unrelenting storm. The cafe was quietly busy with few customers, some whom were queuing patiently for their orders and some nestled themselves comfortably on the couch minding their time. The time was ten minutes passed the appointed hour and Michel was nowhere in sight. The rain erupted shortly into a heavy downpour and unexpectedly, the glass panels of the doors was gently pushed and Michel made his appearance. Michel, whom turned twenty last June, stands at roughly 1.75 meters and has fair brown complexion. He approached in a cool and relaxed pace, that he was always accustomed to and appeared rather excited despite the gloominess outside. He physically appeared more athletic, with broader shoulders, a slightly muscular triceps and a leaner chest. His smile was his greatest asset as he has used it gratuitously to amend many setbacks. He was polite and conscious as he took a moment to greet before taking his place. His round face appeared full, fresh and smooth, his deep and dark, brooding eyes remained as gleefully as ever as his lips shaped into a thin half-smile. He had short straight black hair parted on the sides which glimmered every time it touches the light. He took a moment to sigh and slowly, he sank further into the cushion. He speaks with a flagrant and robust command of the English language. His......

Words: 1127 - Pages: 5

Free Essay

Michel de Montaigne "On Education Children"

...Actions Speak Louder Than Words One cannot learn to dance simply by watching. He must interact with the music, not through his mind but through is body. Calculating the mathematics of dance out on paper will help you no better understand it than watching a muted movie … blindfolded. In Michel de Montaigne’s narrative, “On Educating Children”, he explains how one must put forth character and intelligence before knowledge. It is simple to read then reread for the sake of memorization. For instance, during my toddler years I was able to recite the ABC’s forward and backwards, but if you had asked me to read The Great Gatsby by Scott Fitzgerald, you would be in for a surprise, for I would had introduced characters and plots unknown to man-kind! My point being, just because I was able to regurgitate the alphabet, did not mean that I truly understood the each of the letters. It is through the action of practicing the ‘words’ when one can begin to naturally enrich his mind with understanding. Not all children are one in the same. In today’s educational system, children are treated as just that, identical. So it would come to no surprise to Montaigne that out of a class of 30 individuals, only one or two students would have properly understood the material that was “taught” to the whole class. Montaigne states, “Spewing up food exactly as you have swallowed it is evidence of a failure to digest and assimilate it; the stomach has not done its job if, during concoction,......

Words: 1463 - Pages: 6

Premium Essay

Nicholas Piramal India Limited

...This 4 page paper is based on a case study supplied by the student. Nicholas Piramal India Ltd (NPIL) has acquired Avecia. The post acquisition merger is going badly, with a clash of cultural styles. The paper assesses how and why there are problems and looks at the way the problem may be resolved. The bibliography cites 2 sources. Michael Fernandez, director of special operations in the pharmaceutical company Nicholas Piramal India Limited (NPIL), schedule a meeting with three of his reports, whose personal conflicts with each other, cause its business development function to fail. He is struggling to learn how to deal with these conflicts and combine three in productive cooperation work. Fernandez is responsible for turning NPIL acquisitions in Canada and the United Kingdom market NPIL worldwide. His three direct reports, each involved in different aspects of NPIL – Canadian operations, the British operations and global business development, and it explores the dynamics between the two teams. If Fernandes can resolve conflicts, the integration of acquisitions is in danger  2. Why is conflict occurring? Even at the beginning of the acquisition, the structure of the company is already unclear and complex. Three different plants were independent companies and completely separated. Firstly, cultural conflicts between different companies and also among three management seniors have become a sever barrier for effective operations and communications for the management of......

Words: 335 - Pages: 2

Premium Essay

Nicholas Ii Incompetent

...How far was the incompetent rule of Tsar Nicholas II responsible for the revolution? In February 1917, after the Russian people became fed up with the situation of the country, they started a revolution that eventually collapsed the Tsarist system. It is clear, that Tsar Nicholas II’s political naivety and his strong opposition towards reform were clearly some of the reasons responsible for the February revolution. His poor qualities as a leader allowed him to be easily influenced and therefore, not being able to perform the task he should have done as the Tsar of Russia. During his time as Tsar, he had to be often advised by many of the people that surrounded him, this were mainly reactionists, so it did not help at all to calm down the situation in Russia. Other factors did as well occur to make his tasks even harder. These include the socio-economic changes that Russia had undergone at the time as well as the long-term causes that had been chasing Tsarist Russia, since a long time before Nicholas became Tsar. World War One aggravated the situation in Russia, it was able to make clear to people, that the government was weak, as well as the economy in Russia, and that for sure, a change was needed in order to save the country. This change to most of the Russians seemed to be the revolution. Tsar Nicholas II was in fact never ready to take the post as Tsar. He suddenly saw himself in the position of Tsar after the death of his father Alexander III due to a kidney......

Words: 1930 - Pages: 8

Premium Essay

It Doesn’t Matter by Nicholas G. Carr

...1. What is Carr's major argument that IT doesn't matter? The main argument that Nicholas Carr made in his article ‘IT doesn’t matter’ is that managements need to change and no longer give companies a competitive edge. Carr argues that executives are wrong who believe that information technology is a strategic value that provides a competitive advantage. He says: ‘As information technology’s power and ubiquity have grown, its strategic importance has diminished. The way you approach information technology investment and management will need to change dramatically.’ Scarcity gives the capacity to be the basis for a sustained competitive advantage. Because information technology is easily accessible now, the strategic importance of information technology has been reduced. The main focus of this article is that organizations should handle information technology as a product in which it should reduce vulnerabilities, pursue to keep costs low, and avoid taking risks. Information technology’s power and ubiquity has begun to change this technology from strategic resources into factors of production. The three basic functions of information technology are storage, processing, and transport of data which has become one of the most important key to do business. Carr also argues that managers must focus on managing their time and also spend a good time understanding the importance of technology and how it impacts the firm level. Carr believes that companies need to understand that......

Words: 599 - Pages: 3

Free Essay

Michel - Jean Bisquiat Art Analyze

...1 Cai Guo-Qiang Footprints of History Fireworks August 8th, 2008 Beijing Olympic Games, Birds Nest Cai Guo-Qiang Footprints of History Fireworks August 8th, 2008 Beijing Olympic Games, Birds Nest 2 2 . Edouard Manet Luncheon on the Grass Oil on canvas 7 ft. x 8 ft. 10 in. 1863 Musee d’ Orsay, Paris Edouard Manet Luncheon on the Grass Oil on canvas 7 ft. x 8 ft. 10 in. 1863 Musee d’ Orsay, Paris 3 3 Jean- Michel Basquiat Charles the First Acrylic and oil oilstick on canvas, three panels. Triptych. 6’6 x 5’ 2 1/4 1982 New York Jean- Michel Basquiat Charles the First Acrylic and oil oilstick on canvas, three panels. Triptych. 6’6 x 5’ 2 1/4 1982 New York 4 4 Shirin Neshat Rebellious Silence, from the series Women of Allah Gelatin silver print and ink, 11x14 in. 1994 New York and Brussels Shirin Neshat Rebellious Silence, from the series Women of Allah Gelatin silver print and ink, 11x14 in. 1994 New York and Brussels 5 5 Artist: Jean - Michel Basquiat Title: Charles the First Date: 1982 Material: Acrylic and oil oilstick on canvas, three panels, triptych. 6’6” x 5’ 2 ¼” Location: New York Charles the First Here I sit, starring at this strange piece of art, trying to piece it together in my mind. What possibly does all of this mean? The subject matter seems to jump from subject to subject. What is the artist trying to portray? As I read the context of the art it all starts to come......

Words: 936 - Pages: 4

Premium Essay

Michel Et Augustin

...Michel et Augustin Cookies: Culinary Adventures Competing Against Food Giants 1. The Market French cookie market is an established market with a lot of strong brands. There are several key characteristics of the market, which is essential for the development of Michel et Augustin Cookies: * Growth of French cookie market is driven by a rising interest in quality rather than increasing volume. * Due to increasing returns to scale, undifferentiated small players have lower chances to compete with larger firms. * Artisanal confectionery products like pastries, traditional treats and macaron are dividing customer attention. * Main distribution channel is major retailers, amassing 75.1% of all cookies sold, creating an advantage in terms of economies of scale for bigger players. * Dominated sales by few multinational corporations, especially LU owning 7 out of top 10 cookie brands and retaining a 41% market share. * Increasing sale of private label biscuits compared to the cookie market average. As it is seen, French market has a few large players who dominate market through major retailers, and it requires time, money and energy to penetrate into the market as a small company without necessary differentiation. We can use Porter’s 5 Forces to further analyze the market. * Threat of new entrants: Low. As it was mentioned before, it is hard to penetrate into the main distribution channels and there are relatively high fixed costs for mass......

Words: 1376 - Pages: 6

Peter Kaiser pumps | Powerful Protection Amulet Pendant! ☆¥☆ Voodoo ☆¥☆ | Death.Kiss.UNCUT.2018.German...