Change of guard : Kochouseph Chittilappilly www.kochousephchittilappilly.com

1. CHANGE OF GUARD
www.kochousephchittilappilly.com

2. • There has been a change of guard at our group. You must have learned of
it from the media. I have stepped down as the Managing Director of V-
Guard and Wonderla. Mithun and Arun, my sons, are now the MD's of V-
Guard and Wonderla, respectively.
• Change is the only constant known to the human race and an inevitable
part of life. It is the order of the universe. Organizations are no exceptions
to this rule of nature. Any organization that resists change, resists growth.
When he sets out on the entrepreneurial path, every entrepreneur is a
'doer'. As time passes by, he would require to 'manage' many number of
'doers'. The organization grows and he evolves into the role of 'guiding'
the 'managers' who 'manage' the 'doers'. Then, the business becomes
more complex. He would then don the hat of 'mentoring' the senior
managers who 'guide' the 'managers', who in turn 'manage' the 'doers'.

3. • I take pride in the fact that, I have built a team of managers, over the
years, who are capable of handling affairs and face every crisis, even in my
absence. I have always believed in the philosophy that any person with
even an average intellect can be groomed, with proper training, to realize
his potential and play meaningful roles within the organization. Building a
trustworthy team is the real hallmark of a leader. On the contrary, if the
leader considers himself to be 'indispensable' and takes upon himself
every task, hesitant to delegate, it would but naturally spell the doom of
the organization.

4. • Looking back, I'm quite contented. From a small enterprise way back in the
70's, we have grown into a large organization, with a presence across the
country. We could build two major verticals- consumer durables and
entertainment. Mithun and Arun will now have two major platforms to
display their expertise and experience and excel. I'm glad that I was able
to facilitate it. Of course, I won't prefer to be idle. I would now focus on
our new venture, Veegaland Developers Pvt. Ltd., hoping to build
apartments and homes that people would love to live in. In its infancy, it
would require much of my care and attention. I also look forward to
spending more of my time in pursuing social causes and in charitable
pursuits. It's just that I have moved out of the driver's seat into a side seat.
The vehicle would roll on and on….

5. Thanks For Reading
CHANGE OF GUARD
www.kochousephchittilappilly.com