Adi Godrej: The Definitive Biography
“There are too many politicians in the world and too few
statesmen.”
- By Adi Godrej
Adi Godrej is Zoroastrian and Chairman of Godrej Group. He
left India as a teenager and got enrolled at the Massachusetts Institute of
Technology. Later he did his MBA from the MIT Sloan School of Management,
Cambridge, United States.
After having inducted himself in family business, he
modernized and systematized management structures and implemented process
improvements. Godrej Group has grown
leaps and bounds. Godrej is major
supporter of the World Wildlife Fund in India, it has developed a green
business campus in the Vikhroli township of Mumbai, which includes a 150-acre
mangrove forest and a school for the children of company employees.
Adi Godrej has played an important role in the development
of a variety of industries by leading key organizations of trade and commerce
as the former Chairman and President of the Indian Soap & Toiletries
Makers’ Association, the Central Organisation for Oil Industry and Trade, the
Solvent Extractors’ Association of India, the Compound Livestock Feeds
Manufacturers’ Association, the Indo-American Society and as member of the
Governing Board of the National Council of the Confederation of Indian
Industry.
Adi Godrej has also participated actively in the field of
management education as a former Chairman of the Governing Council of the
Narsee Monjee Institute of Management Studies, as a former member of the Dean’s
Advisory Council of the MIT Sloan School of Management and the Wharton Asian
Executive Board. Adi is a member of Tau Beta Pi (The Engineering Honor Society)
and also serves as a member of the Governing Board of the Indian School of
Business.
Godrej Group has given maximum number of products in
different market segments viz. Godrej Hair Colour which has 40% market share,
Refrigerators, Almirahs, Locks, Cinthol Soaps & Toiletries, Ezee, Godrej
Furniture.
Adi got his middle class values from his mother who was a
school teacher and taught him the greatest lesson of Humility.
Adi is health conscious and keeps himself fit and remains
very busy with work.
Adi believes that one should listen to young people as you
may get novel and first hand ideas which can be combined with experience to
give birth to innovation. He maintains open door policy in office and attends
work every morning sharp at 8 am.
Adi Godrej emphasizes that “Professionalism is not anybody's
exclusive privilege hence, it is important for everybody to ensure that success
stories are read, digested and innovated.”
“I'm not too involved
in day-to-day matters. I only supervise at the board level.”
“It's a mistake to believe technology rests outside India.
We compete very successfully.”
“Politicians and bureaucrats must learn to stay away from
the day-by-day functioning of business.”
“When we acquire businesses in the developing world, we
estimate if the growth opportunities are strong.”
- By Adi Godrej
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