11,201.75-431.55
Stock Analysis, IPO, Mutual Funds, Bonds & More

Harsh Mariwala's hands-off approach to running the Marico empire

The Marico Chairman said his involvement with the company is strategic only.

ET Bureau|
Last Updated: Jan 28, 2020, 08.50 AM IST
0Comments
Ceding day-to-day control of​ Marico has let Harsh Mariwala focus on a number of other things​.
Ceding day-to-day control of Marico has let Harsh Mariwala focus on a number of other things.
It’s been nearly six years that Marico chairman Harsh Mariwala has ceded day-to-day control of the company he launched in 1990.

Looking back at the decision, he says he doesn’t regret it at all. In fact, it has let him focus on a number of other things, including philanthropy and start-up investments.

Speaking to a business magazine recently, Mariwala said his involvement with the company is strategic only. “How do you grow if you don’t make yourself redundant?” he asked.

“I’m not saying you should abdicate responsibility, because you are equally accountable. You must have the pulse points. But if you want to sign each and every cheque, you don’t have the time to do futuristic things.”

Ability To Handle Stress, People Skills & Appetite For Risk: What Vineet Nayar, Rashmi Daga...

of 12
Next
Prev
Play Slideshow

Cheers To Young Leaders

12 Dec, 2019
The high profile 11-member jury looked for diverse attributes including innovative mind, keenness to learn and clarity of understanding in the candidates.(Additional reporting by Prachi Verma Dadhwal)
Next

Also Read

Think of innovative ways to reduce fiscal deficit: Harsh Mariwala

Tough decisions needed to realise $5 trillion economy: Harsh Mariwala, Marico

For the love of Oktoberfest! Harsh Mariwala & Sajjan Jindal synced their diaries in June

Harsh Mariwala says ‘grades aren’t everything’; shares letter from a principal, and his own secret

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Popular Categories


Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service