Usha Martin : surviving a perfect storm / Nitin Pangarkar, Manav Garg.

Format:

Book

Author/Creator:

Pangarkar, Nitin, author.

Garg, Manav, author.

Series:

SAGE Knowledge. Cases.

SAGE research methods. Cases.

SAGE Knowledge. Cases

SAGE research methods. Cases

Language:

English

Subjects (All):

Strategic planning.

Corporations--Corrupt practices.

Corporations.

Crisis management.

Conflict management.

Usha Martin.

Physical Description:

1 online resource : illustrations.

Place of Publication:

London : SAGE Publications: SAGE Business Cases Originals, 2019.

System Details:

text file

Summary:

In December 2017, Usha Martin, an engineering company with more than fifty years of operation was at a critical juncture, with its long-term survival at stake. Founded with a goal of making wire ropes, a specialized product, the company had backward integrated into making steel and further backward integrated into operating mines for extracting raw materials such as coal. Its vertically integrated business model, which yielded consistent quality and also lower costs in favorable conditions, became a millstone around the company's neck when prices of steel collapsed. To further complicate matters, the company's license for a high quality coal mine was revoked by the Indian government because of allegations of corruption. After the Chairman of the company was removed by the lenders for dragging his feet on a much needed restructuring of the company, the families of the founding brothers engaged in a public spat. To ensure the company's long term survival, the company's management had to make the correct decisions, including the possible sale of its crown jewel, the wire ropes division.

Notes:

Includes bibliographical references and index.

No ILL or scholarly sharing allowed.

Description based on XML content.

ISBN:

9781526468956

OCLC:

1089146403

Access Restriction:

Restricted for use by site license.