Every new year, the chairman of this storied conglomerate writes to his employees penning his thoughts on the emerging megatrends and business outlook. The senior leadership team also brainstorms together like several of their peers — nothing unusual in that. But now even the directors are being kept in the loop. A few weeks ago, the group organised a chairman’s interaction with all directors on board of group companies — irrespective of size, scale and state of evolution — under one roof at one of their hotel properties to share the corporate vision and the way ahead. A first-of-its-kind outreach, and a welcome transition from the acrimonious time prior to the current chairman’s coronation when the board was split.
(For more on our weekly roundup of wackiest whispers and murmurs in corporate corridors & policy parlours, pick up today's edition of The Economic Times newspaper)