Why Did Ratan Tata Feel Compelled To Take Charge Again?
Tehelka|30 November 2016

Did Cyrus Mistry fall victim to an ossified corporate culture or did he violate Tata Sons’ ethos and culture? MG BanGa tells the story so far.

MG Banga
Why Did Ratan Tata Feel Compelled To Take Charge Again?

The removal of Cyrus Mistry as chairman of Tata Sons is being hotly argued, debated, deliberated and discussed across the corporate boardrooms, financial newsrooms, in government circles and many other forums nationally and globally. What triggered the decision? Surely, it is not as abrupt as it looks and is an outcome of simmering discontent.

The vital question is — is the removal linked to persona or performance? It could be the former, a personality clash after Mistry bruised egos of Ratan Tata and other loyalists on the board of Tata Sons. Different theories have been in circulation on the reasons for removal, but after the second letter issued by Tata Group spokesperson on 10 November, careful analysis points to the fact that the reasons are more attributed to Mistry’s inability to assimilate the Tatat group’s culture, in the process hurting the high and mighty of the group. The contents of the letter clearly point out that the Tata Sons Board was not happy with the arbitrary style of functioning, ignoring the higher bureaucracy of Tata Sons, trying to force his own culture with his confidantes that led to overall dissatisfaction.

As far as business decisions are concerned, RatanTata himself admits — which is on record — that when he took over as Chairman, he too had many differences with JRD and so Mistry too had a right as a Chairman to apply his mind and follow his style of functioning.

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Why Did Ratan Tata Feel Compelled To Take Charge Again?
Tehelka

Why Did Ratan Tata Feel Compelled To Take Charge Again?

Did Cyrus Mistry fall victim to an ossified corporate culture or did he violate Tata Sons’ ethos and culture? MG BanGa tells the story so far.

time-read
10+ mins  |
30 November 2016
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Tehelka

Misguided Youths Or Trained Terrorists?

As part of a dangerous trend emerging across the world, homegrown ISIL sympathisers are willing and attempting to carry out deadly terror attacks without any comprehensive support system.

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Indian Railways: Living In Dreams
Tehelka

Indian Railways: Living In Dreams

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10+ mins  |
31 October 2016
Priyanka Gandhi Agreed To Play Bigger Role In UP
Tehelka

Priyanka Gandhi Agreed To Play Bigger Role In UP

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Mission 2019: Banega Swachh India?
Tehelka

Mission 2019: Banega Swachh India?

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The Goodwill Enjoyed By Mehabooba Mufti Has Been Erased!
Tehelka

The Goodwill Enjoyed By Mehabooba Mufti Has Been Erased!

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Is China's Support To Pakistan, Big Threat To India?
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Is China's Support To Pakistan, Big Threat To India?

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Panama Papers: Nawaz Sharif'S Troubles Escalate
Tehelka

Panama Papers: Nawaz Sharif'S Troubles Escalate

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30 November 2016
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Tehelka

This Potus Will Make The World Go Bust

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30 November 2016
Reel-Life Bohemians, Real-Life Hyprocrites
Tehelka

Reel-Life Bohemians, Real-Life Hyprocrites

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4 mins  |
30 November 2016