Sour pills, sweet healing!
If you have had the opportunity to meet Ranbaxy CEO Malvinder Singh, you would be well aware of the highly aggressive streak in his personality. Interestingly, during our meeting with his younger brother Shivender Mohan Singh, CEO, Fortis Group, we hardly
found traces of that trademark aggression. Just calm eyes and a thoughtful response to our approach. A minute into the conversation & our perception changed, for here was this man, yawning at regular intervals (owing to the long flight and the jet-lag thereof), yet he carefully sliced time and with chosen words explained the issues surrounding his ‘Fortis’ dominion... with masterly wit and humour diff used in his statements, and yes, topped with smiles galore!
He starts with a vivid description of the growth potential in domestic healthcare sector and pointed out that despite lack of clear data to align his strategic planning with the overall health of the sector (as most is still under public sector control), it is indeed one of the most promising sectors in India. “How promising?” we ask to which he responded, “Surpassing even telecom!” And there he gloated, for he knew well that we could not question his optimism and the importance that Indian policy makers are currently giving to the sector, owing to its bright future. As per a study undertaken by McKinsey, out of the Rs.1.03 trillion which India spent on both the pharmaceutical and healthcare delivery segments during 2001, a thumping 83.49% of the total was spent on developing healthcare facilities alone!
For Complete IIPM Article, Click here
Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
found traces of that trademark aggression. Just calm eyes and a thoughtful response to our approach. A minute into the conversation & our perception changed, for here was this man, yawning at regular intervals (owing to the long flight and the jet-lag thereof), yet he carefully sliced time and with chosen words explained the issues surrounding his ‘Fortis’ dominion... with masterly wit and humour diff used in his statements, and yes, topped with smiles galore!He starts with a vivid description of the growth potential in domestic healthcare sector and pointed out that despite lack of clear data to align his strategic planning with the overall health of the sector (as most is still under public sector control), it is indeed one of the most promising sectors in India. “How promising?” we ask to which he responded, “Surpassing even telecom!” And there he gloated, for he knew well that we could not question his optimism and the importance that Indian policy makers are currently giving to the sector, owing to its bright future. As per a study undertaken by McKinsey, out of the Rs.1.03 trillion which India spent on both the pharmaceutical and healthcare delivery segments during 2001, a thumping 83.49% of the total was spent on developing healthcare facilities alone!
For Complete IIPM Article, Click here
Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
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Strategic Alliance / Consulting / Intellectual Tic-up Partners Arindam chaudhuri GIDF Planman Consulting Business & Economy 4Ps Business & Marketing The Sunday Indian The Daily Indian Kkoooljobs.com
Labels: ARINDAM CHAUDHURI, ECONOMIST GURU PROFESSOR ARINDAM CHAUDHURI, IIPM, IIPM EDITORIAL, SHIVENDER MOHAN SINGH, TOP MBA AND BBA INSTITUTE IN INDIA
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