Prashant Lakhera
CASE ANALYSIS
ON
Prashant Lakhera: Senior Analyst
Submitted By:
GROUP – IV, SECTION – C
GOWTHAM KISHORE G (2012129)
KANIKA BHATIA (2012135)
KRITI SRIVASTAVA (2012144)
MAHAVEER MEHTA (2012150) MANISH KUMAR (2012157)
NAYAN SHARMA (2012182)
MUKUL WALIA (2012173)
Submitted to:
Dr. Saleena Khan
Asst. Professor, OB & HRM IMT, Nagpur
Introduction:
The case revolves around these three individuals, Prashant Lakhera (senior analyst at Credit Rating Agency Limited), Gagan Vedi (analyst at Construction Development Board) and Deepak Ghosh (project manager at CDB) who had to finish a credit rating report by December 27, 2006 for their client, Continent Construction Limited.
The objective of CDB is to provide a forum for all parties involved in construction and CRB deals in providing investment information and credit rating services. CRB and CDB had an agreement to work together on credit rating, where CDB would provide technical expertise and CDA would provide two analysts and its expertise in rating methodology. These grading were done to increase the confidence of the bank in the construction sector.
The CRB-CDB team that consisted of Prashant Lakhera, Gagan Vedi, and Deepak Ghosh were given the task to grade Continent Construction limited. During the task, the team visited two CCL sites where they were relying on Ghosh’s expertise on construction as he has been in this business for more than two decades. Contrary to that Ghosh acted very immature and didn’t work as a team member. He used local language to talk to the construction workers and site engineers instead of English which was not appreciated by the other two members of the team. He even didn’t record anything in his diary which could bring a lot to the tables during the team meetings. Even after constant reminders for Lakhera, he kept the same attitude and didn’t comply with the team’s rules. This
ON
Prashant Lakhera: Senior Analyst
Submitted By:
GROUP – IV, SECTION – C
GOWTHAM KISHORE G (2012129)
KANIKA BHATIA (2012135)
KRITI SRIVASTAVA (2012144)
MAHAVEER MEHTA (2012150) MANISH KUMAR (2012157)
NAYAN SHARMA (2012182)
MUKUL WALIA (2012173)
Submitted to:
Dr. Saleena Khan
Asst. Professor, OB & HRM IMT, Nagpur
Introduction:
The case revolves around these three individuals, Prashant Lakhera (senior analyst at Credit Rating Agency Limited), Gagan Vedi (analyst at Construction Development Board) and Deepak Ghosh (project manager at CDB) who had to finish a credit rating report by December 27, 2006 for their client, Continent Construction Limited.
The objective of CDB is to provide a forum for all parties involved in construction and CRB deals in providing investment information and credit rating services. CRB and CDB had an agreement to work together on credit rating, where CDB would provide technical expertise and CDA would provide two analysts and its expertise in rating methodology. These grading were done to increase the confidence of the bank in the construction sector.
The CRB-CDB team that consisted of Prashant Lakhera, Gagan Vedi, and Deepak Ghosh were given the task to grade Continent Construction limited. During the task, the team visited two CCL sites where they were relying on Ghosh’s expertise on construction as he has been in this business for more than two decades. Contrary to that Ghosh acted very immature and didn’t work as a team member. He used local language to talk to the construction workers and site engineers instead of English which was not appreciated by the other two members of the team. He even didn’t record anything in his diary which could bring a lot to the tables during the team meetings. Even after constant reminders for Lakhera, he kept the same attitude and didn’t comply with the team’s rules. This