National Competition for Young Managers 2009

Presented By, C Uday Kumar D V Ravi Kumar B Sanjeevini

Global Inc - India Inc - Innovate – Restructure - Reorganize – IRR at VSP – Model - Road Ahead

2008… Year of Economic Crisis. 2009… Year of Economic Challenge Global Inc - India Inc - Innovate – Restructure - Reorganize – IRR at VSP – Model - Road Ahead

Global Inc - India Inc - Innovate – Restructure - Reorganize – IRR at VSP – Model - Road Ahead Need for Restructuring Need for Innovation Need for Reorganizing Flexibility Adaptability Create Economies of scale by M & A New product/ process Improve product/ process Enhance Market Share Efficient Infrastructure Harness operational synergy Optimum manpower utilization

The More You Innovate, the More You Achieve The More You Achieve, the More You Succeed

Global Inc - India Inc – Innovate -Restructure- Reorganize – IRR at VSP – Model-Road Ahead CONTINUOUS IMPROVEMENT Continuous Improvement Encourage & Generate Ideas Collect & Evaluate Ideas Implementation

Global Inc - India Inc - Innovate – Restructure - Reorganize – IRR at VSP – Model - Road Ahead Mr. Steve Jobs, CEO of Apple Inc. Easy – to – use interface Outstanding Design Superb Performance

DELL – Direct Business Model No Middlemen No Margins No distribution What an Innovation… Global Inc - India Inc - Innovate – Restructure - Reorganize – IRR at VSP – Model - Road Ahead

[object Object],Country Research spending (% of GDP) India 0.8 % China 1.23 % Developed Nations 3 %

Global Inc - India Inc - Innovate – Restructure - Reorganize – IRR at VSP – Model - Road Ahead Why Innovation a Challenge? Advantages, India Inc. How to go about Innovation? Lack of Emphasis on R & D Poor Infrastructure for Research Huge Growth Potential Untapped Rural Market Recognize & Reward Innovation Integrating R & D, Mktg & Prodn

Global Inc - India Inc - Innovate – Restructure - Reorganize – IRR at VSP – Model - Road Ahead Why Restructuring a Challenge? Advantages, India Inc. How to go about Restructuring? Lack of Focused Strategy Fund Raising Fast Growing Economy Hot Outsourcing Destination Sale of Underutilized Assets Move to Low-Cost Destinations

Global Inc - India Inc - Innovate – Restructure - Reorganize – IRR at VSP – Model - Road Ahead FUNCTIONAL AREAS CROSS-FUNCTIONAL TEAMS VALUE ADDITION TECHNOLOGY

Infosys Infosys – Business Pricing Model Formation of ONGC – Videsh Ltd. Global Inc - India Inc - Innovate – Restructure - Reorganize – IRR at VSP – Model - Road Ahead

Global Inc - India Inc - Innovate – Restructure - Reorganize – IRR at VSP – Model - Road Ahead Why Reorganization a Challenge? Advantages, India Inc. How to go about Reorganization? Lack of proper vision Tendency to Resist Change Investor friendly policies Cost Effective Prod. Facilities IT into Business Process Implement best HR practices

Global Inc - India Inc - Innovate – Restructure - Reorganize – IRR at VSP – Model - Road Ahead Recycling and Waste Management Innovation through Employee participation Value Added Steels and New Grades Details 2006-07 2007-08 2008-09 No. of Suggestions implemented 9375 9415 9752 Savings generated (in Rs. Cr) 18.02 18.84 15.77 No. of QC Projects implemented 4185 4207 4251 Financial benefits(in Rs. Cr) 18.55 19 19.2 Details 2008-09 Power Generated through Waste Gas/Heat Utilization 39 MW Savings through Solid Waste Utilization (in Rs. Cr) 486

Global Inc - India Inc - Innovate – Restructure - Reorganize – IRR at VSP – Model - Road Ahead Rationalized Concept Conception of RINL, VSP Capital Restructuring Capacity Expansion Acquisitions & Joint Ventures

Global Inc - India Inc - Innovate – Restructure - Reorganize – IRR at VSP – Model - Road Ahead Automation & IT into business processes Reorganization of Departments Manpower Reorganizing for Expansion 3 MT with 17000 Employees 6.3 MT with 19000 Employees

Global Inc - India Inc - Innovate – Restructure - Reorganize – IRR at VSP – Model - Road Ahead NAVARATNA Company

Global Inc - India Inc - Innovate – Restructure - Reorganize – IRR at VSP – Model - Road Ahead Continuously growing World Class Company 16 MT Liquid Steel capacity The saga continues….. Low Cost Liquid Steel Producer VISION MISSION OBJECTIVES RESTRUCTURE REORGANIZE INNOVATE

Global Inc - India Inc - Innovate – Restructure - Reorganize – IRR at VSP – Model - Road Ahead Review & Modify Org. Structure Begin from the Top Look Closely – SWOT Analysis Start Transformation in a small way

CULTURE + VALUES + LEADERSHIP INNOVATE RESTRUCTURE E X C E L REORGANIZE S U R V I V E

National Competition for Young Managers 2009

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