Sunday, June 14, 2009

Survival of the fittest

One would normally assume that a corporation is run by a leadership team under the leadership and guidance of its CEO. What does a corporation do if that very fundamental is challenged and it has to fight for its survival after it is exposed to a scandal? One such company that comes to mind in the recent past is "Satyam Computers" whose CEO and its CFO are behind bars, the leadership team disappeared days after exposure of the worst corporate scandals of India. The company continued to operate with the help of its middle management and lower tier. Kudos to the teams that made this company operate with no top management or directives. Today the company is experiencing an astonishing turnaround under its new management and leadership team and has found its way back.
This only goes to prove that if fundamentals of a business are strong and the people operating in the mid tier and the lower tier are qualified professionals, the company can survive through a Tsunami.

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