That was a crossroads that we had already crossed -- UTV as a company and myself personally. For me, scale is more important than control. Once you start thinking about scale, performance is going to count in any case because we are a public limited company. Whether Disney thinks I am a good CEO or the rest of the shareholders think I am a good CEO is equally bad or good -- because I have to be accountable for my performance. The other thing that comes about when you cross the 51% threshold in shareholding is that of overall accountability in that context -- and therefore management versus shareholding. If I think I am not the right person to lead the company at the next level of its growth, I could just continue to be a shareholder.
More here
Thursday, July 3, 2008
Interview of UTV's Ronnie Screwvala
UTV's Ronnie Screwvala makes some interesting observations about "Scale versus control" in this Knowledge@Wharton interview.
Subscribe to:
Post Comments (Atom)
-
My latest column for The Hindu Business Line explores the role of strategy in firms . Full text follows -- While there are many defini...
-
As people go higher and higher up in an organizational hierarchy, they actually have lesser and lesser to do. In a company that sells a prod...
-
I have been watching Worldspace's brand building initiatives over the last few months with some interest. First was the tie up with A.R...
No comments:
Post a Comment