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Thermax Podcast - Coggle Diagram
Thermax Podcast
Meher
Separating ownership from management
Taking over from Anu in 2004
Robust BoD
Working with Unni and now
Working with Ashish as a professional CEO
Diversification
Change of Themes over the years
What next
Bathena and RD Aga
1966 Start - as Wanson
1980 - Company renamed as Thermax
1980-1990 expansion
1994 - Listing
Feb 1996 - death of RD Aga
Kurush's death in 1997
Anu Aga Era
Feb 1996 - Chairperson
Director HR since 1991
Resilience; Struggle; Equanimity; Vipassana
Bringing in external consultant - separating management and ownership
Unni joined in 1997
Building an Institution
1960 - 1996 --> 2004 (Company) --> 2020 --> 2030
Moving from a Company to an Org to an Institution
Separating Management and Promoters
Also shift from mgmt to tech leaders, globally
Multi-Generation Business - new folks not interested
Keeping the BRAND relevant for long periods
The Trifecta - Promoters - Board - Management
Building Capability/ Competency
AI is coming for your job. What impact do you see in Manufacturing sector
Competencies are evolving at a faster rate
Thermax investmant in Capability building
Anu how have you seen compenticy journeys evolve in the last 60 years
How should a manu CEO looking at this episode think about moving faster in building capability at Scale
Building Leadership
What is Thermax definition of Leadership
Mrs Aga
Swooped in to Leadership - what was the hardest part
1996 - who were mentors
Skills are available, leaders need wisdom
Vipassana - Awareness and Equanimity
Books/ Leaders - Inspiration
Meher
Stepping in to Mom's shoes - managing expectations
Managing two key CEO transition
How do you personally manage key leaders
What is your leadership style
Succession PLan - Planned and Unplanned
Future of Leadership & Institution Building