Page 31 - BCML AR 2019-20
P. 31
FOR YEARS, BCML WAS LARGELY
DECENTRALISED WHERE MANUFACTURING
UNITS WERE MANAGED BY UNIT HEADS
REPORTING TO THE CORPORATE OFFICE
The result was that there were ten senior executives that operates like
‘companies’ within one company, a ‘Shadow Board’ with the objective
creating a number of operating to evolve the organisation from
cultures that needed to be reconciled. promoter-driven to professionally-
managed. This initiative is expected to
In a reinventing BCML, we believe that incorporate diverse views leading to
the time has come for the creation of informed decision-making.
a common corporate identity, culture
and decision-making platform. The Company expects that in this
professionally-driven environment the
The Company intends to evolve the senior management will be liberated
focus of its ten manufacturing facilities to dedicate more time in driving the
into a shared BCML pride, where their strategic direction of the Company
effectiveness would be derived from that graduates it to the next round of
how well the Company performed as growth.
a whole as opposed to how effectively
their unit delivered to the corporate The result is that the word ‘integration’
output. at BCML is expected to refer not
just to product value-addition but a
The Company intends to create
a governing platform comprising Company that is completely on the
same page.
Unification of BCML
Decentralised Process Professional
and faster independent management
decision of individuals approach
making
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