Wednesday, March 24, 2010
PROGRESSIVE
"None of this(policy changes)made me very popular but i thought it needed to be done."
The AV Birla Group conventionally had a "womb-to-tomb"policy with employees rarely retiring and the next generation having guaranteed jobs.On taking charge as Chairman in 1995,Kumar Mangalam Birla instituted a policy that vetted all applications from the family members of the existing employees.This renaissance led to a meritocratic environment,where more deserving and younger members could grow,making the Aditya Birla Group a world-class organisation.
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