Tata strategy of Manda
As a Prof. of Strategy, for past 3 years I knew it was a matter of time before the situation exploded. Cyrus Mistry never had a chance as Ratan Tata handed over to him nothing short of a financial disaster. I assure you the worst is yet to come, and the blame will be wrongly placed on Cyrus's shoulders. And, am tempted to say that I told you so in 2014 !
Excerpt from my Case study published (ref. 314-361-1) at The Case Center, U.K. in 2014
M&A Melodrama at Tata Group : Frenzy to Freeze
In 2004, the 'sweet n shy' Tata group embarked on an uncharacteristic pursuit. In a radical departure from an average of one acquisition each year during 1995-2003, the group carried out 51 mergers and acquisitions during 2004-08 i.e. one M&A deal every 35.8 days for 5 years in a row.
It may we...