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The Adi Godrej Chat
'Joint ventures and strategic aliances are not necessarily forever'
Adi Godrej was more than forthcoming on why
the alliance between Godrej Soaps and Procter & Gamble disintegrated some
The Godrej Soaps chairman inaugurated our first midday Chat on Friday afternoon with an hour-long
discussion on MNCs and the outlook for Indian business before he rushed off
for a board meeting.
Check out the transcript. It is refreshingly candid.
The Godrej Soaps chairman inaugurated our first midday Chat on Friday afternoon with an hour-long discussion on MNCs and the outlook for Indian business before he rushed off for a board meeting.
Check out the transcript. It is refreshingly candid.
Good afternoon, Mr Godrej.
Welcome to the Rediff Chat. I do
hope you enjoy this experience.
Jacob (Fri Sep 13 14:53:29 1996 IST):
moon moon sen (Fri Sep 13 14:56:36 1996 IST):
hello mr. godrej. remember me??
Adi Godrej (Fri Sep 13 14:56:44 1996 IST):
Nikhil Lakshman: thank you I'm looking forward to the session.
Nathan Vaidyanathan (Fri Sep 13 14:57:27 1996 IST):
Hello Mr Godrej. Is it correct to say that the MNCs are largely responsible for the introduction of "Mc Donald" culture to India with the result that the tradional Indian trustworthiness, honesty, brand name loyalty are fast disappearing so as to generate a culture of "It is profit that matters"
Palmolive (Fri Sep 13 14:58:39 1996 IST):
Good afternoon Mr. Godrej. This really is a rare opportunity, to be able to speak to you.
Ryan Stewart (Fri Sep 13 14:59:59 1996 IST):
Is Mr Godrej in? I'd like to ask him whether
the Godrej-P&G break-up signals the death
of joint ventures in India.
Ramchandran (Birla Marlin securiMr Godrej: after the break of the strategic allaince with P&G what are your plans to revive the declining image and market share of your flagship soap brand Cinthol? (Fri Sep 13 15:00:39 1996 IST):
Mr Godrej: after the break of the strategic allaince with P&G what are your plans to revive the declining image and market share of your flagship soap brand Cinthol?
Melanie (Fri Sep 13 15:00:47 1996 IST):
Mr Godrej,unlike many other Indian
industrialists, you are much more open and
forth-coming, do you think Godrej has suffered
more because of the P&GG break-up or restructuring?
Adi Godrej (Fri Sep 13 15:01:24 1996 IST):
Nathan: I don't agree with your assesment. I think many multinational bring in lot of technlogy, investments and specialised knowhow that India could usefully absorb. Our consumers also need the variety of products that MNCs bring with them. I'm in favour of India encouraging MNCs in our country.
Parmeshwar (Fri Sep 13 15:01:37 1996 IST):
Fancy meeting you in cyberspace.
Melanie (Fri Sep 13 15:04:49 1996 IST):
Apart from Cinthol, Godrej just has 4 per cent of the
soap market, how can you revive this.
In addition to this are also rumours of Godrej
soaps selling out to Kao. How much of this is true?
Adi Godrej (Fri Sep 13 15:04:58 1996 IST):
Melanie: I think Godrej soaps will benefit from the restructuring of our allianfce with P&G. We will continue to manufacture soap for P & G. We will now manage our own brands and control our own distribution. This, we feel, will help accelearate the growth of our market share. We also recieved a lare sum of money for sale of our shares in PGG which will strenghten our financial position. All in all Godrej Soaps is a gainer in this restructuring.
Parmeshwar (Fri Sep 13 15:05:11 1996 IST):
Adi. Is it true that the real reason behind the PGG break-up has been the forced coming together of the diverse corporate cultures of P&G and Godrej.
Word is that the people from these two organisations did not see eye-to-eye on anything. Is it true??
Deepak (Fri Sep 13 15:06:28 1996 IST):
Mr Adi. My Question Is This.
What Do U Plan To Project Godrej As After The Break Away Between
U & P&G ??
Balamurali (Fri Sep 13 15:06:45 1996 IST):
Good evening, Sir. I was just wondering whether
a cultural clash would make it impossible for joint ventures to exist in India.
Adi Godrej (Fri Sep 13 15:06:56 1996 IST):
Ramchandran: We have major plans for Cinthol promotion which you will see unravel in the next couple of months. We will also relaunch our Ganga brand very soon.
coomi (Fri Sep 13 15:07:33 1996 IST):
good to see you here. Remember me from old JJ?
want to get in touch with the old gang...tell me
where & how .
Adi Godrej (Fri Sep 13 15:08:24 1996 IST):
Balamurali: I don't expect any problems from cultural clashes. Indian managers are fast adjusting to the changing conditions and are becoming global in their approach and competitve in their operating style.
Ramchandran (Fri Sep 13 15:08:25 1996 IST):
Mr Godrej: Apparently the Godrej brands suffered during the P&G Godrej dispensation in terms of market share. Do you agree with this.
Ryan Stewart (Fri Sep 13 15:08:53 1996 IST):
What is your opinion of the takeover
code that has just been
launched in your country?
Does that mean hostile takoevers will become the norm in India?
akash (Fri Sep 13 15:08:58 1996 IST):
Mr Godrej, in the times of core competence, is not Godrej with interests in areas as wierdly diverse as soaps, white goods, locks, is like being a dinosaur? Are your planning to focus on a particular area?
Imran Khan (Fri Sep 13 15:09:10 1996 IST):
Hi Buddy. So when am I featuring in the next Cinthol ad eh??
Melanie (Fri Sep 13 15:10:00 1996 IST):
Mr Godrej, it is also believed that the other
Godrej soap brands were given a step-motherly
treatment, compared to Camay?
Adi Godrej (Fri Sep 13 15:10:03 1996 IST):
Deepak: We plan to strongly project our brands. Have a major presence on TV sponsored programmes, as we had prior to our P& G alliance.
Imran Khan (Fri Sep 13 15:10:18 1996 IST):
Hi Parmeshwar good to see you too made it to the chat today.
Deepak (Fri Sep 13 15:10:20 1996 IST):
Sir Do U Think The Breakaway Between P&g - Godrej Will Be A Call To
Lots More Companies To Do The Same ?
How Long Do U Think This Piggy-Back Ride ( Called a Merger) Last ??
Ramchandran (Fri Sep 13 15:10:33 1996 IST):
Mr Godrej: What is your view on non-voting shares which has been permitted in the latest budget. Do you think it will take -off in India?
Parmeshwar (Fri Sep 13 15:11:13 1996 IST):
coomi?? what's a coomi??
coomi (Fri Sep 13 15:12:32 1996 IST):
Forgotten Applied Art days have you?
Adi Godrej (Fri Sep 13 15:12:38 1996 IST):
Akash: We have separte strategic business units for each of our diverse businesses. These business units are professionaly managed and cater to their businesses by stressing on their respective core competency.
Adi Godrej (Fri Sep 13 15:14:17 1996 IST):
Ramchandran: Non-voting shares is a good concept. It could be usefully employed by some corporates. I don't think they will be succesful unless there is a considerable dividend premium over voting shares.
coomi (Fri Sep 13 15:14:25 1996 IST):
According to you,
what makes your soaps so different from other brands
Ryan Stewart (Fri Sep 13 15:14:31 1996 IST):
Wshy are Indian businessmen so insecure about foreign companies? Are you not a member of the Bombay Club that wanted a level playing field? Are Indian businessmen frightened of competition?
akash (Fri Sep 13 15:14:31 1996 IST):
Mr Godrej, thanks. But you miss the point. What synergy is there in such diversity. That may have made sense during the socialist years, but does it hold today? Why not hive off some areas and concentrate on a few, and thus become an MNC?
Melanie (Fri Sep 13 15:15:14 1996 IST):
Mr Godrej what are the lessons you've learned
with the P&G break-up. What lessons does it have
for the other Indian joint MNC ventures?
Indian (Fri Sep 13 15:15:58 1996 IST):
Dear Mr. Godrej.
It feels good to talk to a person who had the guts to kick some white ass.
It is time we showed these guys that they can't take us for granted.
I personally feel that Godrej is a great company and has brands which are world class.
Please keep up the good work. Lots of good wishes from a true blooded Indian.
Adi Godrej (Fri Sep 13 15:16:16 1996 IST):
Deepak: Strategic alliances last as long as there is continued mutual business interest. Our strategic alliance with P & G was amicably restructured because both parties felt that it would be in their mutual interest.
Deepak (Fri Sep 13 15:16:18 1996 IST):
Have Heard That Diversification Can Also Be
Spelt Di-Worse-Fication. Don't U Think That
Godrej Should Seriously Concentrate On One Good ?
Ramchandran (Fri Sep 13 15:16:21 1996 IST):
Mr Godrej: Do you think that India is still on the buying list of the FIIs ?
Balamurali (Fri Sep 13 15:16:55 1996 IST):
Do you regret the association with P&G? You have lost your marketing dept which your family built up over so many years. How will you recover from this blow?
Ramchandran (Fri Sep 13 15:17:38 1996 IST):
Mr Godrej:Do you think that the Indian stocks are still in the buying lists of FIIs?
Ryan Stewart (Fri Sep 13 15:18:36 1996 IST):
Mr Godrej, may I draw your attention to my question on takeovers?
Adi Godrej (Fri Sep 13 15:18:50 1996 IST):
melanie: The lessons are 1) Joint ventures and strategic aliances are not necessarily forever. 2) That as people change in MNCs every three years or so, perceptions can also change. 3) That MNCs are not interested in promoting brands which are not global.
akash (Fri Sep 13 15:19:46 1996 IST):
Mr Godrej, my question on synergy and concentrating on one core area. Incidentally, Deepak has the same question.
James Brown (Fri Sep 13 15:19:56 1996 IST):
Dear Mr.Godrej what is the mission with regard to Information Technology.
You have made a small attempt at getting into this category. Do you think getting into this category is a bit too far fetched for a company who is mainly into soaps and industrial products??
Moreover your venture has not been too sucessful. Don't you think that you made a mistake by getting into this?
Ramchandran (Fri Sep 13 15:20:19 1996 IST):
Mr Godrej: I'm keen to know if the Godrej brands suffered during the time you had the joint venture with P&G ?
Adi Godrej (Fri Sep 13 15:20:36 1996 IST):
Ryan: I'm not a memeber of the so called Bombay club. I'm not at all frightened of foreign competition. I'm an outspoken supporter of MNCs investment in India.
Parmeshwar (Fri Sep 13 15:20:55 1996 IST):
Adi dear what time are you coming home tonite??
Adi Godrej (Fri Sep 13 15:22:39 1996 IST):
James Brown: Our group is only involved in niche areas in information technology. We, however, are involved in distribution of peripherals. Distribution, is one of Godrej's core competency.
akash (Fri Sep 13 15:22:52 1996 IST):
Mr Godrej, as a representative of Indian industry, can you tell us why Indian industrialists do not promote professional management? Why is that only sons take over from their fathers (a sort of dynastic rule)? And given that MNCs do not, are you not limiting your professionalism by doing so?
Ryan Stewart (Fri Sep 13 15:23:27 1996 IST):
I am sure you are not frightened of mncs. I was just curious about why Indian businessmen are so scared of mncs and intl competition.
Melanie (Fri Sep 13 15:24:01 1996 IST):
In the event of this restructuring and in keeping
up with the competition in the consumer goods
market, what are your products that you will
be concentrating on aggressively?
Adi Godrej (Fri Sep 13 15:24:03 1996 IST):
Ramchandran: The overall market share of the Godrej brands remained unchanged. Cinthol went up. Some of the smaller brands went down.
Deepak (Fri Sep 13 15:24:34 1996 IST):
This Question Is With Regard To U Supporting MNC
Investment In India. My Question Is How Long Will
We Be Able To Produce Competative Goods With Very
Less R&D WhenCompared To Them ??
Balamurali (Fri Sep 13 15:25:13 1996 IST):
Do you think the reforms can be reversed? I read an interview you had given Rediff where you say they could not. Have you changed your mind now that the United front govt is speaking several voices?
Adi Godrej (Fri Sep 13 15:25:22 1996 IST):
Melanie: We will be concentrating on our Cinthol and Ganga brands, Our hair dye business.
James Brown (Fri Sep 13 15:25:48 1996 IST):
Mr. Godrej. Thanks for answering. No doubting Godrej's distribution strengths. But then why is it that even with the marketing strength of Microsoft behind you the software section of your operation is losing money??
Ryan Stewart (Fri Sep 13 15:25:53 1996 IST):
Mr Godrej, could you be a little morfe xpansive in your responses?
SABOON (Fri Sep 13 15:26:37 1996 IST):
Adi Godrej (Fri Sep 13 15:26:53 1996 IST):
Balamurali: I do not belive that the reforms either will or can be reversed. Most Indians support reforms.
Melanie (Fri Sep 13 15:27:56 1996 IST):
Mr Godrej, you just said in a reply that Indian managers are adjusting globally. If this is actually taking shape, why is there a perception that MNC's bully their Indian partners.
Do you think the Indian partner is often taken for granted by multinational giants?
Imran Khan (Fri Sep 13 15:28:10 1996 IST):
Are you one of our brands??
If not then please slip out quitely thru the drainage.
Adi Godrej (Fri Sep 13 15:28:14 1996 IST):
James Brown: I can't answer your question. As I'm not familiar with the nitty-gritty of that business.
S R Vengsarkar (Fri Sep 13 15:28:27 1996 IST):
There is such a lot of skullduggery in Indian business. To what do you account this to?
Ramchandran (Fri Sep 13 15:28:48 1996 IST):
Mr Godrej: Which are the next set of reforms which the government should take up to ensure that the economic growth is maintained at a high level.
Imran Khan (Fri Sep 13 15:29:40 1996 IST):
SABOON how does one unwrap you???
Ryan Stewart (Fri Sep 13 15:30:25 1996 IST):
Mr Godrej, you still have not answered my question on takovers. What I wanted to know was: could Hindustan Lever take over Godrej? Is it possible under SEBI's new code?
Adi Godrej (Fri Sep 13 15:30:45 1996 IST):
Melanie: you can only be bullied as much as you allow yourself to be.
Many Indian companies are refusing to yield to unreasonable MNCs demand.
I feel it is a learning process and soon Indian companies will not only be able to resist unreasonable MNC
demands but also effectively compete in the market place.
S R Vengsarkar (Fri Sep 13 15:31:26 1996 IST):
Mr Godrej, if Mr Chidambaram were to ask you for advice on the reforms, what would you tell him? Somebody else on this Chat had asked you about the reforms. Could you answer both questions?
Adi Godrej (Fri Sep 13 15:31:57 1996 IST):
Ryan: No, As the Godrej group controls 70% of the shares of Godrej soaps.
Deepak (Fri Sep 13 15:32:44 1996 IST):
U Still Have Not Answered My Question On Competation
Between Indian Comps. & MNC's
Ramchandran (Fri Sep 13 15:33:00 1996 IST):
Mr Godrej: You have 70% but do you contemplate your selling out to HLL anytime in the future?
Samuel Steele (Fri Sep 13 15:33:45 1996 IST):
Hullo, Mr Adi Godrej. I have just logged in. It's pretty early here in Cincinnati. If you were to list five things that led to the break between P&G and your companies, what would you say it was.
Adi Godrej (Fri Sep 13 15:34:25 1996 IST):
S R vengsakar: I would suggest the following. 1) reduce personal income tax rates as I feel lower rates will lead to higher revenue. 2) I would free the rupee on the capital account at an early date. 3) I would suggest opening up of all consumer product imports.
S R Vengsarkar (Fri Sep 13 15:34:42 1996 IST):
Who are the Indian businessmen you admire most?
And the Indian companies you admire most?
SABOON (Fri Sep 13 15:34:59 1996 IST):
to imran khan
Ramchandran (Fri Sep 13 15:35:36 1996 IST):
Mr Godrej: With regard to priority in economic reforms don't you think the government should address the issue of infrastructure?
Deepak (Fri Sep 13 15:36:09 1996 IST):
Wouldn't The Freeing Of Consumer Product Imports
Lead To A Slump In The Local Market.
Samuel Steele (Fri Sep 13 15:36:09 1996 IST):
What is your impression of the P&G operation in India? Is it a competitive company? I get tghe impression that US corporations are tied down in India. Take Kellogg. Or P&G. Would you agree with this thesis?
Imran Khan (Fri Sep 13 15:37:19 1996 IST):
SABOON its a pity you are a bottle. I ma now going to block your nozzle so that you will suffocate and explode into a million bubbles:-)
Melanie (Fri Sep 13 15:37:20 1996 IST):
Mr Godrej, by the beginning of next century
where do you see Godrej soaps? Do you see a
Godrej coming up with a strong competitor in
the washing powder range. Something that could
give Ariel and Surf a threat?
Stephen Lee (Fri Sep 13 15:37:42 1996 IST):
I am Mr Stephen Lee and am going to chat w/ U.
Deepak (Fri Sep 13 15:37:59 1996 IST):
How Long Do U Think Reforms Will Go On Under This Coalition Govt.
How Long Do U Think The Govt Will Last ??
Chan Li (Fri Sep 13 15:38:18 1996 IST):
Good Evening, Mr Godrej, What is the secret of your success?
Adi Godrej (Fri Sep 13 15:38:45 1996 IST):
Samuel: 1) The negotiated amicable restructuring was found to be mutually beneficial. 2) P & G found it attractive to have 100% control over it's distribution, and we did not mind as we had an alternative distribution system in our group company, Godrej Hi care limited.3) MNCs change their top personnel very rapidly. New people tend to have different perception. 4) At the time of our alliance P &G were not permitted 100% investments in India, Now they are. 5) The restrictions imposed on each other were oppressive.
Adi Godrej (Fri Sep 13 15:39:59 1996 IST):
Chan Li: 1) I spend 30 days a year, atleast in training. 2) Hardwork.
Samuel Steele (Fri Sep 13 15:40:51 1996 IST):
Were you not aware of these conditions when you formed the alliance with P&G? Did it become obvious to you only later? You mentioned people in the MNC... was David Thomas the problem?
Adi Godrej (Fri Sep 13 15:40:51 1996 IST):
Deepak: I'm not an astrologer!!!
James Brown (Fri Sep 13 15:41:02 1996 IST):
Ramchandran (Fri Sep 13 15:41:08 1996 IST):
Mr Godrej: You seem to be sidestepping on the issue of the short lived arrangement with P&G , please give us the real reasons for the parting
SABOON (Fri Sep 13 15:42:10 1996 IST):
TO IMRAN KHAN
James Brown (Fri Sep 13 15:42:14 1996 IST):
Dear Mr. Godrej. If you were to sum up the corporate philosophy of Godrej in one line, what would it be??
Adi Godrej (Fri Sep 13 15:42:18 1996 IST):
Samuel: Some of the changes were certainly un anticipated. I don't want to name any individual persons.
Deepak (Fri Sep 13 15:42:22 1996 IST):
Talking About Training Do U Think That
We Will Be Able To Face Competition Globally
Since Training Here Is Certainly Not Given Precedence ??
Adi Godrej (Fri Sep 13 15:43:02 1996 IST):
James: Value based conduct of business.
Imran Khan (Fri Sep 13 15:43:06 1996 IST):
SABOON if you have to go then please dissolve into the drainage
Chan Li (Fri Sep 13 15:43:10 1996 IST):
Sir, Can you guide us, what are the hidden pitfalls of having a merger with the whites? Anything specific?
S R Vengsarkar (Fri Sep 13 15:43:28 1996 IST):
What do you feel now that the relationship with P&G is over? Is there a sense of relief?
Trepidation? Has it undermined your stature in the family and the company? Left a question mark over your place in business history?
Melanie (Fri Sep 13 15:44:13 1996 IST):
Mr Godrej, in view of liberalisation, which
Indian companies today have a true global
James Brown (Fri Sep 13 15:44:27 1996 IST):
Mr. Godrej. That is a refreshing change in perspective. Very few people talk about values anymore today.
What would you attribute this decline in value based morality to??
Adi Godrej (Fri Sep 13 15:44:55 1996 IST):
Deepak: Many Indian companies have increased their emphasis on training tremendously. I think it is absolutely essential to spend a lot of money on training and continuous improvement. In our group every employee has to undergo atleast 5 days of training a year.
SABOON (Fri Sep 13 15:45:23 1996 IST):
TO IMRAN KHAN:
Stephen Lee (Fri Sep 13 15:45:52 1996 IST):
I wish the whole of India community will come to understand what life is in Singapore. There are multi-racial communities in Singapore.
S R Vengsarkar (Fri Sep 13 15:45:55 1996 IST):
I agree with mr Brown. Why are most of your peers so shady? So unethical? Do you attribute to a lack of culture, their origin in the thugees of the 19th century?
James Brown (Fri Sep 13 15:46:43 1996 IST):
Mr. Godrej I am sure that you have a good highly motivated team of people working for you. Besides training what are the other things according to you which are the key to keeping employees happy and build a successful business empire such as yours??
Deepak (Fri Sep 13 15:46:54 1996 IST):
After Seeing Melainie's Question What I Want To Ask
Is This. Will India Be Able To Make A Breakthru
In Say Info Tech.(For Ex) to Make A Niche For Themselves
Do U Think Figures Count ??
Adi Godrej (Fri Sep 13 15:47:46 1996 IST):
Brown: Value based companies are very successful throughout the world. If you look at companies which have succeded for many decades, most of them lay great emphasis on values. In our group, we undertook an exercise where all our employees were involved in evolving shared values for the corporation.
Chan Li (Fri Sep 13 15:48:22 1996 IST):
Venerable Sir, I ask you what are the pitfalls of
mergers with the whites.... must know soon.
Ramchandran (Fri Sep 13 15:49:00 1996 IST):
Mr Godrej: Do you think that Indian companies have the resourses to tap the potential in food processing industry?
Adi Godrej (Fri Sep 13 15:49:04 1996 IST):
Brown: Empowerment of employees is very important.
Imran Khan (Fri Sep 13 15:49:20 1996 IST):
SABOON just hold on I have called the plumber
Deepak (Fri Sep 13 15:50:31 1996 IST):
In Asia, Where Would U Rank India Based On The
Business Structrue ?
Adi Godrej (Fri Sep 13 15:50:49 1996 IST):
Ramchandran: Because of tastes and eating habbits, I feel that the food processing industry will not take of very rapidly in India. Those, however, who invest at this early stage wilkl reap major benefits 10 to 15 years hence.
SABOON (Fri Sep 13 15:51:24 1996 IST):
TO IMRAN KHAN
Chan Li (Fri Sep 13 15:51:26 1996 IST):
Sir, you make mistake. Soap not for whites...stick to Asians
they bathe everyday
Stephen Lee (ou are kindly requested to email us instead fax. We prefer email IST):
We, CONCORD BUSINESS CONSULTANTS - Singapore based company, hereby are giving consultancy services and are sincerely looking for International Business Partners like Businessmen, Businesswomen, Business New Partners, Traders, Merchants, Entrepreneurs, Importers, Exporters, Distributors, Investors, Job seekers, Representatives and etc. who are interested as follows :
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b) to look for New Business Partners starting off with new Business Relationship.
c) to look for distributorship, sole agency, future investments, etc in this region.
d) to look for office space, manufacturing plants, warehousing space, etc.
e) to look for the right managers, directors, secretary, technician to run the business.
f) to look for property in this region.
g) to look for employment services or placement agency in this region.
h) to look for Trading House, Business Representative Office, Worldwide Distributor, etc.
i) to look for joint venture.
j) to look for solutions in your business.
k) to look for Asian region, Asia region, Asia Pacific, Far Eastern Markets and the West for import / export.
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Pls select the right item(s) and inform us your interest. We will revert it with right business concern.
Concerning your products, please kindly let us know what type of business, services or products you are dealing. We are very glad to know more about you in the near future and we would like to extend our business with you in getting bigger market.
If you are looking for certain products and are unable to find it or have any Questions or if we can be of any service to you, please feel free to email or fax or contact me directly at all time. If you just need some advice or would like to know where to obtain information, services or whatever, I would be very happy to help.
Should you have any further query, you are kindly requested to email us instead fax. We prefer email
Deepak (Fri Sep 13 15:52:28 1996 IST):
Talking About MNC's How Long Do U Think
They Will Last Here, What With Red-Tapism,
Bureacracy & Corruption All Around ???
Adi Godrej (Fri Sep 13 15:53:02 1996 IST):
Melanie: Some that come to mind are: Ranbaxy, Bajaj Auto, Arvind mills. There are many others.
Samuel Steele (Fri Sep 13 15:53:07 1996 IST):
Mr Godrej. I am disappointed. You have not told me about why P&G's operations have not taken off in India? Was the problem david Thomas?
Imran Khan (Fri Sep 13 15:53:23 1996 IST):
SABOON that is presicely the reason I have sent for him.
Ramchandran (Fri Sep 13 15:53:47 1996 IST):
Mr Godrej: I think food processing has bright future even in the short term , which is reflected in the increased investments by MNCs like HLL and Nestle` in this sector. Don't you think your group should also go a little faster in this industry?
Adi Godrej (Fri Sep 13 15:54:47 1996 IST):
Deepak: There are MNCs who have been in India for more than 100 years. There will always be some who will drop out. I however feel that many will succeed.
James Brown (Fri Sep 13 15:55:13 1996 IST):
Mr. Lee please spare us the sales jab.
S R Vengsarkar (Fri Sep 13 15:55:35 1996 IST):
Do you think foreign managers tend to look down on Indian managers? How do we resolve the clash of cultures that dog MNCs?
Adi Godrej (Fri Sep 13 15:56:58 1996 IST):
Ramchandran: Our group has two companies in food processing. Godrej foods ltd. and Godrej Pillsbury ltd.
SABOON (Fri Sep 13 15:56:58 1996 IST):
BYE FOLKS... *snif* NOBODY RESPECTS A SOAP HERE :-(((
Chan Li (Fri Sep 13 15:57:16 1996 IST):
Sir, You have any outlets in Kowloon?
James Brown (Fri Sep 13 15:57:40 1996 IST):
Mr. Godrej I personally believ that only Indian cos. will do good in food processing business here because they understand the Indian pallete.
I am sure you will do well if you get into it. Are you seriously planning to? In what products?
Samuel Steele (Fri Sep 13 15:57:53 1996 IST):
Mr Godrej, I thought you spoke your mind. I am upset that you don't want to discuss the MNC manager angle.
Deepak (Fri Sep 13 15:58:06 1996 IST):
Get The H**L Out Of Here
Stephen Lee (Fri Sep 13 15:58:24 1996 IST):
All serious Indian communities are cordially most welcome to our country, Singapore. Those of you have ever come to Singapore. They said this is a beautiful and pleasant country. She is a stable and highly security in this region. You are kindly requested to contact us (24 hours Service) via email : firstname.lastname@example.org or Fax : 65 250 3139.
Adi Godrej (Fri Sep 13 15:58:46 1996 IST):
S R Vengeskar: Many foreign managers have high regard for Indian managers. There are however forein managers who due to inadequate experience in India do not handle Indian managers well on ocassion.
Deepak (Fri Sep 13 16:00:04 1996 IST):
Talking About Food Processing, There Have Been
Many Companies Which Have Had To Close Bcos Of A
Non-Existent Market Here.
Since Godrej Also Makes Products, How Large Do U Think
The Market Will Be ??
Burjor Pavri (Fri Sep 13 16:00:32 1996 IST):
Good evening, Adi. I am curious. Why would someone like you, a world class maneger, still believe that your companies must be run by the family. Don't you think you can no longer afford that liberty and luxury in the liberalised era?
James Brown (Fri Sep 13 16:01:16 1996 IST):
Mr. Godrej with all due respects I disagree with you on the white manager issue. I have seen many indian managers being looked down upon. Whites to my mind are condescending at the best. I think it is their color bias which comes in the way.
Therefore I like cos. like HLL who actually have brown guys manage white ones.
Adi Godrej (Fri Sep 13 16:01:33 1996 IST):
Deepak: Food processing is a difficult area. I see more failures in this business than in others.
Samuel Steele (Fri Sep 13 16:02:14 1996 IST):
Where do you see Indian business heading in the next 10 years?
CUPBOARD (Fri Sep 13 16:02:30 1996 IST):
Anybody got lots of vacant office space?
Ramchandran (Fri Sep 13 16:02:33 1996 IST):
Mr Godrej: How would you describe your style of management? We have heard its very centralised and you tend to domineer.
James Brown (Fri Sep 13 16:03:07 1996 IST):
Mr. Godrej you were seen in the HLL HQ soon after the P&G beak-up. Is anything cooking out there or were you there only to congragulate Mr. Dadiseth on his new appointment??
Samuel Steele (Fri Sep 13 16:03:37 1996 IST):
What are trhe gtreatest obstacles confronting the Indian economy? Can a company like yours ever be global? Do you harbour the urge to get back at P&G?
Adi Godrej (Fri Sep 13 16:03:59 1996 IST):
Burjor Pavri: I belive in professional management. We have taken management trainees in our group for the last 30 years. I am a graduate of the Sloan school of business, MIT, And my brother is a graduate from Harvard business school. So we are professional managers too.
Melanie (Fri Sep 13 16:04:32 1996 IST):
Mr Godrej,again talking of these MNC's with
foreign CEO's based in India. Why is it that
they are so inaccessible. Say a David Thomas, a
HJJ Rensma,why aren't they as accessible as you are. Isn't this a part of
Imran Khan (Fri Sep 13 16:04:48 1996 IST):
Hey CUPBOARD got any interesting skeletons?? Are thay smelling bad. Come into the chat room I may give you a FREE Cinthol.
Adi Godrej (Fri Sep 13 16:04:58 1996 IST):
THANKS FOR THE INTERACTION, UNFORTUNATELY I HAVE TO LEAVE NOW. I ENJOYED IT. BEST WISHES.
CUPBOARD (Fri Sep 13 16:05:52 1996 IST):
HEY SAMUEL STEELE
Burjor Pavri (Fri Sep 13 16:05:55 1996 IST):
PLEASE TAKE FIVE MORE QUESTIONS!
Chan Li (Fri Sep 13 16:06:36 1996 IST):
Goodbye, even if you did not answer my queries.
Imran Khan (Fri Sep 13 16:06:43 1996 IST):
CUPBOARD I am the original man STEEL. What say??
Parmeshwar (Fri Sep 13 16:07:39 1996 IST):
GOOD BOY ADI I AM PROUD OF YOU!!!!
Deepak (Fri Sep 13 16:08:10 1996 IST):
Anyway Thanx For Answering Our Questions.
Chan Li (Fri Sep 13 16:08:47 1996 IST):
Steel, steal, or stile?
Nikhil Lakshman: (Fri Sep 13 16:09:16 1996 IST):
Mr Godrej, Many thanks for appearing on the
Chat. I hope you will be with us again.
Parmeshwar (Fri Sep 13 16:09:17 1996 IST):
Chan Li you know kung-fu??
Chan Li (Fri Sep 13 16:10:14 1996 IST):
Parmeshwar,Sure do. Want sample?
Parmeshwar (Fri Sep 13 16:12:05 1996 IST):
Chan yes pleeeeeeeeeeeeeease shoooooooooooooow!
Parmeshwar (Fri Sep 13 16:12:05 1996 IST):
Chan yes pleeeeeeeeeeeeeease shoooooooooooooow!
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