Saturday, October 31, 2009

An Exclusive Interview From Mr. Gaurav Munjal

"Its our mission to strive for synergy between technology, systems and human resources, to produce products and services .."
-Dr.Brij Mohan Lall Munjal- Chairman Group

  • THE financials of the over US$ 3.2 billion Group

    HERO GROUP….. ONE OF THE MOST PRESTIGIOUS GROUP OF THE ERA… A SUCCESS STORY FOLLOWS…. AND ANOTER CONTINUES…..

    MR. GAURAV MUNJAL

    AN EXCLUSIVE INTERVIEW FROM MR. GAURAV MUNJAL , CEO HERO CYCLES LIMITED (MANGLI DIVISION)


    NAME OF THE ORGANIZATION : HERO CYCLES LIMITED
    WEBSITE : www.herogroup.com


    Ques. MR. MUNJAL Hero Groupone of the most prestigious group of the Era…. How would like to describe the success story of the group?

    Ans. MR. Munjal described that Hero Cycles started in 1956 . And then they worked very hard at it. Success ultimately lies in People’s Management, how to handle people, how to restrict for Quality. Moreover lot of hard work was put in by his parents i.e., his grandfather and father. They used to work continuously for 15-16 hours a day. Main thing is the VISION and an urge to do something in life.

    Ques. Whom Would You likes to give the credit to the growth of such a great success story? Is it Mr. Vijay Munjal or Mr. Dayanand Munjal?

    Ans. According to Mr.Munjal Firstly he would like to give the credit to Mr. Dayanand Munjal because he started the business and had a Vision. And Then he would also like to give the credit to Mr. Vijay Munjal because obviously he was the one who brought it to new heights and Hero entered into Exports.

    Ques. Hero is into Exports also So Whom do you like to give the credit to the Export Market captured By Hero?

    Ans.Mr. Munjal Gives the entire credit to his Elder brother and his Father Mr. Vijay Munjal. He says his father looks after the Entire Exports.

    Ques. Finally Where would you like to see the company Five Years after hence?

    Ans. Mr. Munjal says he would like enter a big way into Manufacturing of Health Equipments, Plastic Manufacturing and Tube Manufacturing.

    Ques. Do you really think that E-bikes will be a great success story?

    Ans: Mr. Munjal Says Ya ! Becoz they mainly focus on Quality and Customer Service after Sales. They have a very good Name , network of Dealers and vendors and that they are able to make a good product.

    Ques. From your personnel point of view What are the steps you are going to take to contribute to the Growth of the Company?

    Ans: Mr. Munjal says he would focus mainly on new product lines like Health Equipments and he would also follow the vision made by him and his father. He also pays focus to train his employees and get expert trainees for it. He also stresses in building a strong team., getting a lot new people at all levels.



    KEY POINTS OF THE INTERVIEW

    People are the assets of an organization
    Success lies in People’s Management
    Continuous Hard Work is necessary
    A very Clear Vision is needed
    Focus on work
    Dedication and Devotion towards work
    Strong HR System and Personnel System is needed
    Giving rights to all levels of employee in an organization to open up freely to discuss their issues
    New Lines will be introduced in business apart from two wheeler and auto components
    Hero plans to get into manufacturing of Health Equipments , plastic manufacturing and tube manufacturing.
    Electric Scooters the Eco friendly product of Hero is expected to capture the market because of their Excellency in Quality, Customer Service , cost efficiency on the roads @ 10paise running cost. Their good network of dealers, vendors and service stations.
    Hero Group values Customer Service and Quality More than Only Sales which has given them a market share of 65% in Electric Scooters
    Focuses on Training by Experts and Strong Team Building.


    Visitors/ Viewers

    So Regarding the Interview Please leave Your Respective Comments. All of them will be appreciated.
    Critical comments will be appreciated most.
    THANK YOU

    Khushboo Srivastava



26 comments:

  1. gud job done...keep it up

    ReplyDelete
  2. gud ques.. khushbo ji.. keep it up

    ReplyDelete
  3. Great work Kushboo, it needed a progrssive flow. All in all its great!!!

    ReplyDelete
  4. Mind blowing job done
    -Dinesh Grover

    ReplyDelete
  5. great achievement and success story

    ReplyDelete
  6. well. Your presentation definitely is unique from many of us. Otherwise its challenging to here where Hero tends to invest next. i.e the health equipments and plastics. I wonder if its a social or reason or economic reason.
    Great work Koshboo..

    ReplyDelete
  7. good job khushboo mam
    from this interview we have also learned the key to success.

    ReplyDelete
  8. wow! a good presentation.......but dont u think u have pasted the entire interview?

    ReplyDelete
  9. innovation and diversification is essential for the survival of the organisation....good job

    ReplyDelete
  10. gr88 job done khushbu ur work is highly appreciable well done

    ReplyDelete
  11. its gud,in such a short interview u included mr. munjal's success story and also asked question about future planning of company.
    but i think u should hv included some question regarding recession, hw much it has afffected the hero group,& hw mr.munjal hd managed overcome his company from the effects of recession.

    overall its gud,keeep it up.

    ReplyDelete
  12. nice article... but its too long...but its good

    ReplyDelete
  13. just the article was required cause people won`t have so much time to read the complete interview! write the main crux!

    ReplyDelete
  14. awsm work...gr8 interview along wid future research..... carry onnnn!!

    ReplyDelete
  15. fair work ...keep it up !! u need more hard work 4 excellent work

    ReplyDelete
  16. gud work. u've explained everythn really well n in a cmpletely diff manner. which is impressive

    ReplyDelete