Chief Mentor & Executive Vice Chairman, Ranbaxy When Ranbaxy needed a surgeon, they got one!
When Brian W. Tempest took over as CEO and MD of Ranbaxy in 2004, it sounded contrarian. Contrarian to the long established fact that in the context of the Indian family business, it’s always a family member who ends up as the leader. But indeed, there were reasons strong enough to justify D.S. Brar’s move to allow a professional to run his family business... Two years, and Brian proved himself worth the salt. And as expected, when he stepped down as the CEO in 2006 to give charge to Malvinder Singh (to take up responsibilities as Chief Mentor & Exec. Vice Chairman of the Board), he had lot of credentials to speak for him. Sure enough, all credit for the high frequency at which Ranbaxy hits the headlines today for all the right reasons goes to Brian. He single-handedly converted a small pharma company focused on the India domestic market into the present form of a global pharma behemoth, currently reigning tall through a management team of 45 different country managers!
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
When Brian W. Tempest took over as CEO and MD of Ranbaxy in 2004, it sounded contrarian. Contrarian to the long established fact that in the context of the Indian family business, it’s always a family member who ends up as the leader. But indeed, there were reasons strong enough to justify D.S. Brar’s move to allow a professional to run his family business... Two years, and Brian proved himself worth the salt. And as expected, when he stepped down as the CEO in 2006 to give charge to Malvinder Singh (to take up responsibilities as Chief Mentor & Exec. Vice Chairman of the Board), he had lot of credentials to speak for him. Sure enough, all credit for the high frequency at which Ranbaxy hits the headlines today for all the right reasons goes to Brian. He single-handedly converted a small pharma company focused on the India domestic market into the present form of a global pharma behemoth, currently reigning tall through a management team of 45 different country managers!
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)
