India Inc's 10 Most Successful Turnaround Tales

4. Himanshu Kapania
Managing Director, Idea Cellular

Among stiff competition and constraint regulatory rules, India Cellular was having a tough time surviving the market challenges. Among all the complications Himanshu Kapania did not loose his strategy of “sustained effort”.

Himanshu’s key rejuvenating strategies comprised of mobilizing the finances, built capacity, expanded nationwide and improved customer service.

Today Idea Cellular is the nation’s third largest mobile operator.

5. Nitin Paranjpe
CEO & Managing Director, HUL

‘Challenge’ is the only factor that is constant in any sector, may it be the consumers demand or the corporate environment. In 2008 HUL faced pricing pressure and had to make its brands competitive.

When the crude oil prices hit the record low $140 a barrel to a low of $40, there were huge implications on pricing. To survive the crisis, Nitin Paranjpe, CEO & Managing Director of HUL had to respond with speed and agility. The company severely focused on consumers, invested in processes and technology and controlled costs.

“The success of an organisation is dependent on its ability to execute flawlessly. Over the last few years we have dramatically improved our 'go to market' execution both through discontinuous expansion in our reach and by leveraging technology to improve its quality”, said Nitin.

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