Reviving Fortunes of a Navratna Company

An indifferent business climate a poor order book an overburdening manpower base a distraction in delivery of project timelines and lack of Internationalisation. Addiionally these were the times when an increasing challenge to the traditional consultancy business was felt through mushrooming of low cost business centres in the country. It was important that to combat a litany of such challenges a surgery of sort was required to rejuvenate the company and enable it to rise to newer challenges. This led to plethora of initiatives. The effort was led by providing filliip to fast tracked implementation of projects aggresive marketing of Open Book Estimate Mode of Implemementationphasing out of non-profit making JVs and Subsidiaries and Suo Moto seeding of Projects for innovatively enhancing the business matrix of the company. To improve the delivery of Projecta and ensuring adherence to Project schedules and costs the organization was restructured to provide nimble and efficient task force based outlook.  Additionally a connect to provide a strategic input for seeding suo moto initiatives fresh ideas and long term strategic perspectives for the countrys hydrocarbon and infrastructure segment was given shape and momentum by connecticting OMCs Ministry and Niti AAyog to eveolve a vision for the future. The story of all these exiciting events and more has been captured in this book.