Thursday, April 07, 2011

Search for successor to Ratan Tata

R.K.Krishna Kumar, a director in Tata Sons, has said that the committee appointed in August last year to spot a successor to Ratan Tata who is likely to retire from executive chairmanship next December (2012) on attaining 75 years of age, has not been able to find a worthy successor so far.

Despite RKK's glowing tributes to his chief, one may say that the committee's failure is more on account of its own shortcomings, whatever they be, rather than non-availability of persons of comparable merit.

RKK has also made an obsequious remark to the effect that the committee might have to lower the benchmark to find a successor. The implication is that whoever is finally appointed, he or she is not a worthy successor and has been selected only by diluting the selection criteria. One does not expect such drivel from the House of Tatas.

If interested in the full interview, the following link will be useful:

http://www.tata.com/media/interviews/inside.aspx?artid=RiW4YJ/4lpI=

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