Nandini
Raghavendra
Economic Times
6 April 2008
I
am not an e-mail sort of person, said our
guest editor. An honest confession from
Kumar Mangalam Birla, chairman of the $24
billion Aditya Birla Group, our guest editor
for ET on Sunday. Which is why, the
one constant around him were the dozens
of well-sharpened pencils all colours
and hues each with a small stub of
an eraser attached to it, to make editing
on the numerous print outs easier. From
the corporate meeting room on the fifth
floor of the Aditya Birla Centre at Mumbais
Worli, to his elegant house, Adityaan Mangalam
in South Mumbais Carmichael Road,
the pointed lead accompanied our editor
through our ideating meetings, making
notes, highlighting, circling and drawing
out the special issue plans. The inspirational
edit
was entirely written with the pointed lead,
spaced out neatly on a lined notepad, not
a single word scratched out. First cut.
No editing.
Work on the edition began more than six
weeks ago in Mr Birlas perfectly-cooled
spacious cabin. Slipping quickly into the
editors role he began firing questions
as to our reader profile on Sunday, emphasising
that our content plans should be around
what the reader would want to read. Not
too heavy, yet not frivolous a balance
which included food for thought for all
CEO to management student. The bar
had been raised very high. The end product,
which is with you today, ranges from education
to business, the art of managing bosses
to entertainment and art. Plans were chalked
out and both he and the editorial team began
work.
So, while running his business empire, the
new editor took time out whenever required.
When we patched him up with Jeff
Immelt in the US, the GE boss said he
could spare just half-an hour. Mr. Birlas
incisive questions saw the time stretch
to just over an hour. It was the same with
management consultant Ram
Charan as the Chairmans mind locked
into what makes successful companies tick.
Even
as we struggled to keep pace with our guest
editors schedules, he was already
tying in new interviews for the issue. Last
Friday we got a call, Brett
Lee interview is on, he said. Call
him, cricket is the perfect fit for Sunday.
Getting
into the groove and how!
All the while, he was chasing management gurus
for our executive coaching article, giving
us contacts and personal insights. Office
and house merged as we moved between burning
the midnight oil and early morning meetings
at his house. Remarkably, he was never late
and never kept us waiting.
And
finally, the red tie, pin-striped suited
Chairman walked into the ET newsroom
on Saturday. When the action moved into
the meeting room, the topics discussed ranged
between Indian corporates eagerness
for acquisitions to the US recession and
its impact on our companies, to China and
importing cheaper labour from there to India,
to retail. His view it is a
great time for the Indian companies to make
acquisitions abroad. Next, it was
quiz time.
What do you think is the one product
that flies off the shelves the fastest and
is always in demand? asked the Ed.
A question which caught ET on the
wrong foot. Maggi, pat came
the answer. A product which gives his executives
the heebie jeebies every time inventory
is low.
Gyan flowed, from how China was a black
box with no transparency to how global companies
will always have to deal with a divergence
of opinion between analyst and management
to why he was not too much in favour of
businesses like power where there was a
high degree of government regulation, because
at the stroke of a pen, they can change
your fortunes completely. Mr. Birla
is clearly not a fan of core competence
for Indian businesses at this stage of their
evolution.
There are so many opportunities. Sticking
to one business would be restrictive,
he ended. It was now close to three hours
that he had been in the ET office.
What sustained him? A few chocolate biscuits.
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