The journey to unveil HR best practices at this titanic entity began decades back... Long since it started, but it has come far!
Some names simply stick to your mind as synonyms for ‘business families’. Think about it – the Tatas, the Birlas, the Ambanis, the Modis, the Thapars, the Dalmias... and of course, you couldn’t miss the Goenkas! Yes, the Goenkas who have now been into business for five long generations have built a strong name for themselves in the Indian Inc.. With a history that can be traced back to the 19th century, RPG Enterprise today has become a global name, recognised as one of India’s largest business conglomerates. Having clocked a turnover of $1.65 billion during FY 2006-07, this conglomerate has diversified over the years and today has a presence in seven sectors (with more than 20 companies). What further makes RPG a more interesting entity is the blend of both mature & emerging businesses in its portfolio. Yes, while you could spot a major presence of power, transmission and tyres in the overall business, it also has retail, IT & communications, entertainment and life sciences to attend to, as its upcoming arms! Despite the long journey through time – a period of constant innovation and change at RPG – it still remains an organisation which breeds rich values and considers human capital sacred. In other words, core values drive RPG.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
Some names simply stick to your mind as synonyms for ‘business families’. Think about it – the Tatas, the Birlas, the Ambanis, the Modis, the Thapars, the Dalmias... and of course, you couldn’t miss the Goenkas! Yes, the Goenkas who have now been into business for five long generations have built a strong name for themselves in the Indian Inc.. With a history that can be traced back to the 19th century, RPG Enterprise today has become a global name, recognised as one of India’s largest business conglomerates. Having clocked a turnover of $1.65 billion during FY 2006-07, this conglomerate has diversified over the years and today has a presence in seven sectors (with more than 20 companies). What further makes RPG a more interesting entity is the blend of both mature & emerging businesses in its portfolio. Yes, while you could spot a major presence of power, transmission and tyres in the overall business, it also has retail, IT & communications, entertainment and life sciences to attend to, as its upcoming arms! Despite the long journey through time – a period of constant innovation and change at RPG – it still remains an organisation which breeds rich values and considers human capital sacred. In other words, core values drive RPG.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
