Business Today

Crazy Over Cement

Shree Cement believes in being different. So, it expanded during a downturn, and even bought a Gulf based company. The bold bets are set to pay off.

The man who once gauged his mental faculties by religiously taking the annual Common Aptitude Test for MBA aspirants says crazy is good. In fact, to Hari Mohan Bangur, Managing Director, Shree Cement Ltd., crazy spells "better".

"Any company that wants to improve has to do something new, something crazy," says Bangur, 66, explaining the thinking at the Rs 10,000 crore cement company that he runs from his riverfront office in Kolkata.

In his book, an organisation's SOP the standing operating procedure that lays out guidelines to help work ers

You’re reading a preview, subscribe to read more.

More from Business Today

Business Today1 min read
Plane Pain
▶ The top three players have rebounded after Covid-19 by growing sales quickly ▶ SpiceJet failed to reach the pre-Covid level of sales even in FY23 *2022-23 IS AKASA’S FIRST FULL YEAR OF OPERATIONS SOURCE DGCA ▶ Leading airlines have been experiencin
Business Today3 min read
Road Warrior
IN THE HEART of Khalid Wani, who is the Senior Director of Sales for the India region at the American storage drive maker, Western Digital, beats the rhythm of a fervent traveller. He’s a man who believes passionately that the most precious memories
Business Today11 min read
The Dark Side Of Gold Loans
THE RBI ASKED the company to immediately stop its gold loan operations, which accounts for a third of its business. The reason: the regulator found some major lapses in how the company handled the loans. When the regulator looked into the company’s f

Related Books & Audiobooks