jeff9366
Super Star Member
- Joined
- Jan 14, 2011
- Messages
- 12,787
- Tractor
- Kubota Tractor Loader L3560 HST+ ~~~~~~~~~~~~~ 3,700 pounds bare tractor, 5,400 pounds operating weight, 37 horsepower
BARRON'S FINANCIAL FEATURE
Profiles of the World's Best CEOs
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Anand Mahindra
Mahindra & Mahindra, managing director since 1997
Why: Transformed family's industrial business into a global conglomerate.
When India opened its economy to foreign competition in the 1990s, Mahindra & Mahindra seemed marked for extinction. But scion Anand Mahindra, who studied film and earned an M.B.A. at Harvard University, restructured his family's company, transforming a business that made tractors and jeeps for rural India into a global conglomerate with interests in tractors, autos, technology, finance, and more. Publicly traded M&M, the auto and tractor arm, is now controlled by privately held Mahindra Group, where Mahindra is chairman.
Mahindra, 60, has succeeded by maintaining a level of transparency, governance, and shareholder focus rare in emerging markets. He likens himself to a conductor who finds talented musicians and helps them harmonize. He also is willing to bet on new ideas, like the young engineers sketches that led to the popular Scorpio SUV.
LINK TO COMPLETE BARRON'S ARTICLE: Profiles of the World’s Best CEOs - Barron's
Profiles of the World's Best CEOs
~
~
~
Anand Mahindra
Mahindra & Mahindra, managing director since 1997
Why: Transformed family's industrial business into a global conglomerate.
When India opened its economy to foreign competition in the 1990s, Mahindra & Mahindra seemed marked for extinction. But scion Anand Mahindra, who studied film and earned an M.B.A. at Harvard University, restructured his family's company, transforming a business that made tractors and jeeps for rural India into a global conglomerate with interests in tractors, autos, technology, finance, and more. Publicly traded M&M, the auto and tractor arm, is now controlled by privately held Mahindra Group, where Mahindra is chairman.
Mahindra, 60, has succeeded by maintaining a level of transparency, governance, and shareholder focus rare in emerging markets. He likens himself to a conductor who finds talented musicians and helps them harmonize. He also is willing to bet on new ideas, like the young engineers sketches that led to the popular Scorpio SUV.
LINK TO COMPLETE BARRON'S ARTICLE: Profiles of the World’s Best CEOs - Barron's