Wednesday, 4 November 2015

Hero no. 1, Munjal rode to glory on strong partnerships

 Brijmohan Lall Munjal had been attending office till just a few months ago, despite touching 92 and not being in the best of health. "Business ran in his blood, and he could never keep himself away from work," says an old timer at Hero MotoCorp, a near Rs 30,000-crore empire that Munjal built right from scratch, after starting it as a joint venture with Japan's Honda in the early 1980s (Honda moved out of the venture in 2011).

Munjal, one of the sharpest minds in the Indian business world, was known for focus on detailing and for his people skills. "Even now, he would remember most of the 1,000-odd dealers of Hero MotoCorp by their first name. This is the kind of engagement he had with those who partnered him."

Those who knew Munjal recall how he made it a must to attend key ceremonies of his dealers and partners. "Despite his busy schedule, he would make it a point to squeeze in time to attend a marriage or other important events at their families. If not, he would call them home."


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 Brijmohan Lall Munjal had been attending office till just a few months ago, despite touching 92 and not being in the best of health. "Business ran in his blood, and he could never keep himself away from work," says an old timer at Hero MotoCorp, a near Rs 30,000-crore empire that Munjal built right from scratch, after starting it as a joint venture with Japan's Honda in the early 1980s (Honda moved out of the venture in 2011).

Munjal, one of the sharpest minds in the Indian business world, was known for focus on detailing and for his people skills. "Even now, he would remember most of the 1,000-odd dealers of Hero MotoCorp by their first name. This is the kind of engagement he had with those who partnered him."

Those who knew Munjal recall how he made it a must to attend key ceremonies of his dealers and partners. "Despite his busy schedule, he would make it a point to squeeze in time to attend a marriage or other important events at their families. If not, he would call them home."

But that was also the time when he faced one of his biggest challenges as many doubted the ability of the Munjals to manage the two-wheeler business without the technological knowhow of Honda. There was a fear that Hero may lose dealers to Honda or suppliers would not have faith in their ability. But, he ensured that the spirits remained high

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