Friday, October 12, 2012

B. Muthuraman (Vice Chairman, Tata Steel) shares insights with Shipra Sharma on growth prospects for the indian economy

The experience at XLRI is one he treasures. He was most influenced by the “wholesome education” and the social purpose. “XLRI is not just about imparting management education; it makes one a better human being,” he says. Father Tom, his Communications professor, was his favourite, who taught him the subject beyond body language and eye contact, and focussed on keeping the audience engaged. This learning, and more, have led to his consistent rise at Tata Steel. At the same time, he has his dreams for the company, which he shares with us, “In the next 10 years, I see it becoming much larger, much more efficient, more global, and of course, continue its tradition for CSR. Thus, the fundamental nature of Tata Steel will not change.” Another part of the Tata DNA is employee empowerment. The Group believes that individuals can realise their potential only when given the opportunity to think and act differently. “When our employees undertake a responsibility, the complete onus for leading it to success lies on them,” he explains. On this note, Mr. Muthuraman confesses that while the management of human resources is the most important, it is also the most difficult. “Every human being is different, with their own strengths and weaknesses, thus the ways to motivate them also differ accordingly,” says he about this complex art. One needs to be genuine, caring, and just to make a difference to the employees. Each employee should be aligned with the company’s vision, for their continous leadership development. Such an initiative will help them “envision the future of the company, and energise and empower the people they work with.” Click here to Continue....

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