Beautiful Mind

MANAGEMENT GURU

Finally, it’s time for the wireless king to relinquish direct operational control of Bharti’s telecom business. But Sunil Mittal also realises that his role in shaping the future of the group is far from over...

In late 2005, when the entire media world was ballistically reporting Sunil Mittal’s mammoth expansion plans, B&E stood out & warned against such unrelated diversifications, considering that the telecom domain itself was far from won. Today, with competition intensifying on every front, the question remains the same – has Bharti bitten more than it can chew?

For starters, let us clarify one key point. The spirit of entrepreneurship is in fact the lifeline of a country that seeks to break free from the shackles of poverty, depression & unemployment. And there is no way one can doubt the enterprising ability of Sunil Mittal, which created India’s largest telecom company by market share & revenue. And we also value the undying spirit of enterprise, that desire of unlocking potential in sunrise sectors, which lured the Mittals away from the bicycle business to mobile ‘express yourself ’ solutions and now to diverse emerging sectors. What started with forays into insurance, airport restructuring (which failed) & fresh food exports is now taking Bharti into retailing with Wal-Mart.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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