In 2008, the Harvard Business School called him the ‘Renaissance Man’ while awarding him the Alumni Achievement Award.5 In 2014, the Fortune magazine ranked him amongst the world’s ‘50 Great Leaders’,
He formulated these characteristics into personalized mantras as follows:28 Strive to become number 1 or number 2 in your industry. One-fifth of the revenues must come from products or services introduced in the past four years. There must be globalization metrics for each sector. Introduce metrics for return on capital employed (ROCE). Introduce m...
He adapted the restructuring model from private equity (PE) firms operating at the time. During his research, he observed that many leading private equity players managed as many as eighty companies in a portfolio. __These players utilized financial engineering or the application of technical methods from mathematics and computation to manage a bus...
They sold their house in Kolkata (then Calcutta) to raise funds for their dream initiative.
In 1947, M&M started manufacturing the Willys Jeep in India, under licence from Willys-Overland Motors, an American company.
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