MANTHAN

Friends starting off with a three part series of Turnaround Stories from Corporate World. These stories were part of eMagazine published by our bank/ circle. Greatest Corporate Turnaround Stories (Part 1- The turnaround at IBM) It is the law of nature that whatever goes up has to come down one day. Every business has to go through the different phases of a business cycle. The way the business composes itself through the difficult times makes its growth story. In this series we will look at the stories of some of the greatest corporate turnaround stories, the stories of grit and determination, the stories of change, the stories of trust and belief, the stories that will enable us to come out successful in the time of need. Corporate turnarounds are almost never engineered by a single person. A CEO who takes a failing company and makes it successful again obviously has help from management, a board, along with customers and shareholders. The vision for how a company can change

Another week passed by and it is getting complicated. Don’t know who is right and who is wrong. Let me voice out only my feeling and not the incidents this time. Bank Head’s job is a strenuous job and no matter how much one tries to balance the things, there is always unevenness, a difference creeps in and probably this is where the principles of management do fill in. Over the past six months I have tried to balance this phenomenon with myself taking the biggest misses in all the incidents. I have not been able to claim my regular perks (financial jolt), not been able to take care of my family and friends ( emotional n social jolt), not been able to fill in my annual appraisal leading to my controller giving their own report ( opportunity jolt) etc. In all the circumstances I have been at the bearing end because of my involvement in other issues, other incidents and others problems. Bank has always been my priority and will remain. After banking it is my people (who are dependent

The week is finally over and I really mean it is over. Probably one of the pathetic weeks I have gone through. The experience has been quite daunting. Both my personal as well as professional life got affected. Incident 1: On Wednesday evening I received a call from one of my ex colleagues Mr Raina for help. He has been following with me for some tax related queries. I had asked him to come down to me in the evening. Somehow I got late and reached home at 9 PM. He called me and said that he is unable to come inside my by-lane because of stray dogs at the square. I came out to see that he is being hounded by the dogs. Probably being a stranger to our colony the dogs were harassing him. As soon as I went out the dogs ran away. While I was chatting with Mr Raina, the creatures starting to trouble someone yet again. Since it was dark out I could not relate whether they were troubling any humans or else. I took an aim to them and pelted a stone towards them. At once there was lull but