HOW 'DESI' MNC WON IN MANY INDIAS
Business World India|17 June 2023
Outgoing HUL CEO & MD Sanjiv Mehta explains to BW Businessworld why "his best is yet to come"
SUMAN K. JHA
HOW 'DESI' MNC WON IN MANY INDIAS

IF SANJIV MEHTA were to be given back his last 31 years, "he would do exactly what he did in his stellar innings at Hindustan Unilever, and Unilever, in the last three decades".

As Mehta passes on the baton to a highly accomplished Rohit Jawa, Mehta's heart is filled with gratitude. He credits his team, starting from the management committee, for the outstanding run as CEO of HUL in the last ten years. Numbers speak for themselves: In 2013, when Mehta took over as HUL CEO, it was a Rs 25,000-crore company. As he prepares for his next innings - Mehta is clear, his best is yet to come HUL is almost a Rs 60,000 crore company. HUL saw a 16 percent growth in turnover to Rs 58,154 crore in 2022-23. Among many landmarks, the company is credited with expanding the FMCG pie, "by creating created new segments worth nearly Rs 10,000 crore".

For the CA-turned-CEO, Unilever was part of everyday folklore. Mehta, in fact, looked up to iconic HUL leaders like Ashok Ganguly and T. Thomas. Students of Indian business history and India Inc. would now perhaps be tempted to bracket Mehta along with these greats.

Mehta's stint at HUL is not about numbers alone. He led from the front while "reimagining HUL" and also devising newer strategies to expand far and wide, in India. Clearly, "Winning in Many Indias (WIMI)" would be one case study that will be a staple for business leaders and management students for long.

Diese Geschichte stammt aus der 17 June 2023-Ausgabe von Business World India.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der 17 June 2023-Ausgabe von Business World India.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS BUSINESS WORLD INDIAAlle anzeigen
MEMORIES & IMPRESSIONS
BW Businessworld

MEMORIES & IMPRESSIONS

Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.

time-read
3 Minuten  |
October 19, 2024
The Robotaxi Market
BW Businessworld

The Robotaxi Market

The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.

time-read
1 min  |
October 19, 2024
And the Nobel Prize Goes to AI
BW Businessworld

And the Nobel Prize Goes to AI

The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.

time-read
1 min  |
October 19, 2024
Ola Electrified
BW Businessworld

Ola Electrified

Once considered a trailblazer in India’s electric vehicle (EV) ecosystem, Bhavish Aggarwal’s Ola Electric now faces a major accountability crisis.

time-read
1 min  |
October 19, 2024
Sharp Slide in Industrial Output on Eve of Deepavali
BW Businessworld

Sharp Slide in Industrial Output on Eve of Deepavali

India’s index of industrial production (IIP) saw a sharp reversal in August, contracting by 0.1 per cent, in stark contrast to the 4.7 per cent growth in July, mostly because of significant contractions in mining and electricity generation.

time-read
1 min  |
October 19, 2024
Heralding the Solar Era with Sustainable Electrification
BW Businessworld

Heralding the Solar Era with Sustainable Electrification

RAJEEV KASHYAP on the economics of solar power, the hurdles in scaling it, and much more

time-read
2 Minuten  |
October 19, 2024
A WELL-GREASED MACHINE
BW Businessworld

A WELL-GREASED MACHINE

The OmniBook X14 laptop runs on first-generation Snapdragon X Elite, which bets big on Al-enabled productivity and battery life, but falls short when it comes to overall experience, says Deep Majumdar

time-read
4 Minuten  |
October 19, 2024
DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
BW Businessworld

DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH

For a family of four living in a metro, it is recommended to opt for a family floater health insurance plan with a sum insured of at least Rs 15-20 lakh

time-read
7 Minuten  |
October 19, 2024
Disruption Ahead: Beyond Organisation Charts and Structures
BW Businessworld

Disruption Ahead: Beyond Organisation Charts and Structures

ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.

time-read
3 Minuten  |
October 19, 2024
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
BW Businessworld

Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment

We are on the stage of global warming, and these technologies not only help prevent further damage but also leave behind a better environment for future generations.

time-read
2 Minuten  |
October 19, 2024