The book is a well written combination of Management theory and practice, and gives an insight into what makes a corporation really successful.
In order to be sustainable in the long run, the value system of the Corporation is important and these are learnable value systems that can be learnt, taught, practiced and reviewed (for the betterment). The corporations that Shashank has chosen in this book range across the spectrum of family owned and professional, public sector and private - all with a common thread of principles they follow as a part of their daily lives and permeate through the organization. These are universal principles and can be (and actually are) applied in successful corporations globally.
It is important for such knowledge to be learnt, applied and assimilated by professionals across companies. I am confident that Shashank will continue to research on such critical yet less-researched topics and share such pearls of wisdom in the future. My best wishes to him.
Reading about the success stories of others might not be all that you need to become successful, but it definitely helps you take some small steps that they took if you ever encounter situations like they encountered. Amazing read. Very enjoyable from the beginning to the end. I bought it after I read an excerpt of the same on Linkedin and I simply dont regret ordering and reading it. Great work Shashank Shah. And thanks for the swift delivery Amazon.
One of the best books to understand how great companies are build around the customer oriented paradigms. It also highlights how the stakeholders and shareholders along with with employees benefits lead to long term sustainable growth and prosperity for organizations. The book is overall very informative. Worth reading for anyone who wants to learn the various win win initiatives such companies have undertaken till date.
An arduous train travel to work every day along the entire stretch of the infamously famous Western line of Mumbai local gives me ample time at hand but very little space to move. This provides me the right captivity to immerse myself in the world of books. I generally read books on finance, management and spirituality. In this my sphere of interest, I came across this interesting management book called 'Win-Win Corporations'.
The title and the description of the book encouraged me to lay my hands on it. What generated my interest in particular was how some Indian companies not only did exceptionally well but also stood the test of time. Inquisitive, I picked up the book.
Let me quickly summarize what I found interesting in the seven chapters on six companies in this book:
Taj Group of Hotels: Not only does the author dispel the famous myths around JN Tata's idea to start the hotel and its architecture, but he delves deep into how this company strategically acquired renowned palaces/hotels globally to become a giant in the hospitality industry. He also goes on to explain the social change that was brought by this group by inducting, training and empowering socially-backward young men and women into the hospitality business.
BPCL: Through this crown jewel of the Navratnas the book shares how public sector companies can be run very efficiently if led by good practices. Though a minnow compared to the industry leader IOCL, BPCL came up with such innovative ideas like 'Pure for Sure'. These and many more captured in the book explained how BPCL outperformed its competitors and created value for its shareholders.
HDFC Bank: The book made me think that if there is an Indian bank with international standards, it is HDFC. Pioneers in credit cards, core banking, internet banking and many others, the story of this bank is an example of industry best practices and continuous innovation.
L & T: This construction giant of India can rightly boast of its tagline 'Imagineering'. The book introduced me to such marvels that were built by this company that it made me look at it as more than just a construction company. I would particularly like to mention the fervour and enthusiasm with which the company executed the water project at Tirupati in a record 77 days!!!
HUL: Apart from being the industry leader in FMCG and also facing epic threat from local producers like Nirma, the book covers how HUL continued to maintain its dominance by ingenious solutions like Wheel. Interesting social projects like Project Shakti and others are also very beautifully enumerated.
TVSM: The book beautifully covers this venerable corporation from the South which has grown to carve its own niche in the global motorcycle industry. From its inception to becoming a household name in the two-wheeler industry, the journey of this company is nothing short of a filmy drama. The story of its first motorcycle and its social programmes under SST was of special interest to me
I would like to conclude that this book has made me immensely proud as an Indian. This compelled me to write such a detailed review. I am sure that the learning from this well written management book would go a long way in helping me become a better professional. I recommend it to all who want to know what Indian companies have achieved in spite the difficult business environment, how they can be emulated in our work life, and how young entrepreneurs can convert their businesses into large, successful, values-based win-win corporations.
excellent book, opens our eye that even indian companies can develop some of the best global practices. strategic goals need to encompass empathy along with sustainability, that's an approach Indian corporation have built. liked this book after Sumantra Ghosal's book on Radical Changes what indian companies must do to be a world class. almost 20 yaers later this book establishes that Indian Companies are going the world class way.