01-22-2006, 08:24 AM
<!--QuoteBegin-Aryawan+Jan 22 2006, 08:14 AM-->QUOTE(Aryawan @ Jan 22 2006, 08:14 AM)<!--QuoteEBegin--><!--QuoteBegin-ben_ami+Jan 21 2006, 10:28 PM--><div class='quotetop'>QUOTE(ben_ami @ Jan 21 2006, 10:28 PM)<!--QuoteEBegin-->the ambanis are plaiinnig to invest about 1 billion usd in a retail chain.
which should be enough cbm for the goi to ask the walmarts to stay away.
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What happened to the Management mantra of finding and concentrating on your core-competency?
Ambanis' core competency seems to be to have a finger in every pie.
The tremendous clout they have in India will help them zip through the Indian beaucracy.
After Petrochemicals, Telecom, Gas stations, Power, now retail..............
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the core compentency of guys like kapil dev and imran khan was EVERYTHING.
they were all rounders and good at everything they tried.
reliance is on its way to prove themselves as one of the most versatile players in the whole world.
remember that a cigerrette making company like ITC is into hotels big time, that a behemoth car manufacturing company like Toyota, is into soya bean processing (thats right).
the core competency bit applies to small time players and more than that its an indiavidual-centric mantra (ie. if someone is good with marketing and people skills he/she should not try and mess around with finance or techie stuff but conc on his/her strentgh instead)
once you are a birla or a tata or similar, the more you diversify the better - cos its risky for such behemoth companies to have all their eggs in one basket. else we could have an Enron in india !!
which should be enough cbm for the goi to ask the walmarts to stay away.
[right][snapback]45274[/snapback][/right]
<!--QuoteEnd--><!--QuoteEEnd-->
What happened to the Management mantra of finding and concentrating on your core-competency?
Ambanis' core competency seems to be to have a finger in every pie.
The tremendous clout they have in India will help them zip through the Indian beaucracy.
After Petrochemicals, Telecom, Gas stations, Power, now retail..............
[right][snapback]45312[/snapback][/right]
<!--QuoteEnd--></div><!--QuoteEEnd-->
the core compentency of guys like kapil dev and imran khan was EVERYTHING.
they were all rounders and good at everything they tried.
reliance is on its way to prove themselves as one of the most versatile players in the whole world.
remember that a cigerrette making company like ITC is into hotels big time, that a behemoth car manufacturing company like Toyota, is into soya bean processing (thats right).
the core competency bit applies to small time players and more than that its an indiavidual-centric mantra (ie. if someone is good with marketing and people skills he/she should not try and mess around with finance or techie stuff but conc on his/her strentgh instead)
once you are a birla or a tata or similar, the more you diversify the better - cos its risky for such behemoth companies to have all their eggs in one basket. else we could have an Enron in india !!