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





























                                                                                         Annual Report 2019-20  |  29
   26   27   28   29   30   31   32   33   34   35   36