Submitted by: Submitted by athish03
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Words: 1753
Pages: 8
Category: Other Topics
Date Submitted: 08/21/2016 08:21 PM
Submitted By
Athish Vikraman
PGDHR
Batch “DH 16”
CONTENTS
1. | Ranbaxy’s Timeline |
2. | Question 1Was Brar’s decision to step down as the CEO a forced one or a personal choice ? * Background Info * Analysis of Data * Conclusion |
3. | Question 2Between Tempest & Malvinder who will be a better successor at Ranbaxy & why ? * Profile Comparison * Analysis of Data * Conclusion |
Ranbaxy's Time Line |
| | | | |
| | 1952 | | • Ranbaxy founded by Bhai Mohan Singh |
| | | | • The Co. was mainly engaged in reverse engineering other drugs |
| | | | |
• Dr. Parvinder Singh,
the son of B.M. Singh joins the Co. | | 1967 | | |
| | | | |
| | 1977 | | • Brar joins Ranbaxy as Business Development Manager. |
| | | | • Becomes a close confident of Dr. Singh |
| | | | |
• Dr. Singh becomes MD | | 1982 | | |
• Brar become GM for 2 divisions
(Animal Healthcare & International) | | | | |
| | | | |
• Ranbaxy turnover reaches 360 million | | | | |
• Market Capitalization reaches 35 million | | | | |
| | | | |
| | 1986 | | • Brar becomes GM of Pharma (Head) & also takes charge of chemicals division |
| | | | |
• 2 Family Bhai Manjit Singh & Analjit Singh leaves the Co. | | 1989 | | |
• Brar becomes Senior VP | | | | |
| | | | |
| | 1993 | | • Dr.Singh takes full control of the Co. |
| | | | • B.M. Singh Retires |
| | | | • Brar becomes President Pharma leads Ranbaxy's Global trust |
| | | | • Dr.Singh sets goal to reach 1 billion by 2004 |
| | | | |
• Differences arises between Dr.Singh & B.M.Singh | | Early
90's | | |
over growth route of the Co. | | | | |
• Dr.Singh wants to invest huge in R&D
& expand operations to other countries | | | | |
• Brar Supports Dr. Singh's Vision | | | | |
| | | | |
| | 1995 | | •...