L&T Splits In 9 Entities As A Restructuring Process

Hello Professional HR & Business Veterans, Please find attached a very important business knowledge information in ET about L&T Splits in 9 Entities as a Restructuring Process.
5th January 2011 From India, Mumbai

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L&T to split up into nine independent entities.pdf (223.0 KB, 1440 views)

Wonderful!

“ No other company in the world is as complex as L&T… not even General Electric”. “No one chairman can manage such a complex operation. I was able to do it because I have been with L&T for 46 years and have started 60% of these usinesses.”- L&T Chairman AM Naik...


Thank You Dilip for an important corporate update...

Keep posting!

5th January 2011 From India, Thiruvananthapuram

These are changes becomes inevitable because of widening up businesses. With warm regards S. Bhaskar 9099024667
5th January 2011 From India, Kumbakonam

I would also like to add that this was the vision of L&T. They call it vision 2015. You can find a small card which has this vision written on it. Every employee will carry it all the time with him/her. They are so proud of it.
7th January 2011 From India, New Delhi

Great stuff brought about some interesting HR issue in focus and also emphasizes somewhat Jack Welsh principle of doing away with business in which one is second best
8th January 2011 From India, Delhi