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Bloody Aftermath Of 'Cyrus Mistry Vs Tata' Could Have Been Avoided: Nirmalya Kumar

DIVYIA ASTHANA | 0
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| October 22 , 2017 , 12:07 IST

The sudden ousting of Tata Sons chairman Cyrus Mistry on October 24, 2016, resulted in an epic 'battle' of sorts as allegations were exchanged between the Tata group and Mistry, along with considerable mudslinging.

According to Nirmalya Kumar, a group executive council member under Mistry who was also removed from his position, the entire episode could have been avoided, as Mistry's contract was expiring in 5 months and instead of ousting him the group could have waited for time to run its course.

In a blog post, Kumar said that the Tatas could have handled Mistry's removal in a better manner.

ALSO READ: Ratan Tata Replaces Cyrus Mistry as Tata Sons Chairman

"By eschewing the public humiliation of Mistry, the bloody aftermath that followed could have been avoided. Unfortunately, instead, there was the subsequent public airing of the underbelly of the Tata Group as well as the deleterious impact on the reputations of Ratan Tata, Mistry and the Tata brand."

Quoting that Mistry's contract was due for expiration on March 31, 2017, Kumar said, "Instead of a sudden, no warning dismissal, the board could have just let the clock run out in five months."

Now working as a professor of marketing with the Singapore Management University, Kumar said that till date, the Tatas have still not given a valid reason for its removal of Mistry, although the Tata Group is not known for having a 'fire-and-hire' policy.

"What made the firing of Mistry so unusual was that Tata Group had a history of only six chairman over 148 years!" Kumar said.

Paul

Cyrus could have left with honor citing personal reasons and his close friends were already leaking to the press All of the Personal Sacrifices he gave up for his current position at the time. Heading Tata Sons is just not for everyone! You pretty much have to give up your personal life in the pursuit of the greater good, India. It is now very clear Cyrus Mistry was a square peg trying to fit into a round hole. Also, Merit is always the best choice and Chandra is tried, tested and has an Emotional IQ that plays nice in the sand box with others.

Paul

Cyrus could have left with honor citing personal reasons and his close friends were already leaking to the press All of the Personal Sacrifices he gave up for his current position at the time. Heading Tata Sons is just not for everyone! You pretty much have to give up your personal life in the pursuit of the greater good, India. It is now very clear Cyrus Mistry was a square peg trying to fit into a round hole. Also, Merit is always the best choice and Chandra is tried, tested and has an Emotional IQ that plays nice in the sand box with others.