Lessons India offers to Harvard grads
By Binu Paul, SiliconIndia
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Friday, 28 January 2011, 13:51 IST |
12 Comments
61,000 crore in bankruptcy by 2015. But the same undertaking witnessed a five-fold increase in its profit after Lalu took over and today, Indian Railways is the highest profit making public sector undertaking after ONGC. In the 4 years under his leadership, railways made a cumulative total profit of
25,000 crores. Lalu's 'Just Do It Now' orders have done wonders for railways.
The students wanted to focus on the 'The strategy and policy framework for the turn round of Indian Railways' engineered by Lalu Prasad. The central point of study would be - How has a man with no formal education brought about a change of this magnitude? How could he bring the railways to profit without downsizing the staff or increasing the fares? It also focused on Lalu's personality, the team he works with and the initiatives he has taken. His leadership qualities also take a place in the study matter.