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Exceptional enterprise performance is a function of strategy, execution excellence, and leadership, sums up Corporate Champions: Excellent companies of India by B. Karunakar (www.sagepublications.com). Studying the data for the period 1974-2002, and adopting the methodology of Jim Collins, Karunakar screens around 7,000 companies to select 23 ‘excellent' companies such as Apollo Tyres, Exide Industries, Kirloskar Brothers, Novartis, and Tata Power. While the ‘strategy' theme is about going global, cost leadership through scale, technology leadership and alliances, sales distribution network, and focus, ‘execution excellence' is about total quality management, business process reengineering, enterprise resource planning, e-business, responsiveness to change, human resources management, and operating mechanisms. And the ‘leadership' theme of the excellence business model revolves around change management, professionalism, culture, succession planning, internal stability, passion to win, will, vision, and values.
A studied approach to a topic of contemporary interest for corporate India.
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