Tuesday, June 20, 2006

Losses? Call it pro-society


Arun Sarin would live with the legacy of being the biggest loss-creator in corporate history Handling the reins of the world’s biggest mobile company is an honour, but when that company records the biggest loss in European corporate history, not many would like their name associated with that company. Arun Sarin, Vodafone CEO, had a tough time last month doing the balancing act when Vodafone announced a $47.9 billion loss. And even as we write, the investors of Vodafone are busy assessing the one time blue-eyed boy of the company who was transported from across the Atlantic to save the company from the brink of disaster. Sarin’s management style has pitted him against Chairman Lord MacLaurin, as well as former CEO Christopher Gent, in an internecine imbroglio.

For Complete IIPM-Article, Click on IIPM-Editorial Link

Source:-
IIPM-Editorial, Editor:- Prof. Arindam Chaudhuri - 2006


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