1. Executive Summary
2. Question 1
Discuss about the leadership approach of Rolex Mudalali and how the company was benefitted for many years with his self-learned management skills and main drawbacks of the process
3. Question 2
What are the shortcomings of the new approach taken by the young directors and their team to the change the process?
4. Question 3
Being the HR Manager, what is your proposal to young directors to implement best HR practices and processes in this 30 year-old company with over 2000 employees?
5. Conclusion
6. Annexure I – Case Study
1. EXECUTIVE SUMMARY
Rolex Mudalali’s Biscuit Manufacturing Plant
Rolex Mudalali is said to be a leading businessman in the hill country who owns the largest and the one and only state of the art biscuit manufacturing plant in the country that was running for more than 30 years. His business constitutes over 2000 employees and his products had a 70% market share in the local market. He also exports his products to 20 countries including USA. Rolex Mudalali also had other business interests in the field of hotels, travel, apparel and plantation.
He is a father of two children who has completed their Master Degrees in Bangalore in the field of IT and Fashion Design. His belief was that it’s his prime responsibility to look after the welfare of his fellow employees’ and their families and his character towards them was more of father than an owner of the plant itself. He also proved that paper qualification does not matter when it came to real life business.
After the completion of his children’s education he handed down his business to them in order to enjoy his retirement. He then appointed his son Roshan as the Director Operations and his daughter Roshani as the Director Marketing.
Overall analysis of this case is to see as to how the new management approach is different to that of the old management approach of managing the biscuit
References: a. Websites http://www.businessdictionary.com/definition/paternalistic-leadership.html http://www.mindtools.com/pages/article/newLDR_84.htm http://hrcouncil.ca/hr-toolkit/developing-compensation-rewards-program.cfm