Professional Management
(Our strength: TURNAROUND MANAGEMENT)
One of the unique offering of services from TMSS stable is undertaking complete responsibility of managing a business unit on contract basis (professional management), particularly in challenging situation calling for turnaround skills.
On occasions when clients require fresh outlook or a respite, we undertake the challenge of running the unit for them. Needless to say that a thoroughly professional approach is implemented and the strategy is invariably targets and performance driven. We love this kind of challenge, particularly when the chips are down. And we have proved it facilitating an Organisation rise almost from ashes as they say; through BIFR, with infusion of funds, change of Promoters & so on. Yes, we do it with our bit of financial mite too provided the client is committed and willing to entrust us with the job with full confidence & trust.
Since no business is infallible for ever, our major concern at TMSS therefore, is developing the skills or know how to pull an organisation out of crisis situation. And 'Professional Management' offers us an opportunity & challenge to do it again & again & learn for ourselves how to sustain the business to perform on & on & on.
Summarizing
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Professional Management (1995-2001)
Client | Speciality chemicals manufacturing limited company. Current sales +75 cr. (750 million). |
Key Objective | Turnaround from sinking condition. |
Inputs & Results | Total in-charge as CEO + Co-Managers team. |
Facilitated turnaround from BIFR status :
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Professional Management (2001-02)
Client | Niche player in competitive industry. Current sales +75 Cr.(750 million) |
Key Objective | TMSS constituent retained as CEO to maintain performance in the absence of promoter MD for 1 year. |
Inputs & Results | Provided leadership to push top-line by 20% instead of 7% in previous 2 years and bottom line growth 40% over previous year. |
Feather in the cap | An upstart associate co. 100% EOU – led to 9% tax free profit at year end. |
Professional Management (2005-09)
Client | Plastic processing industry in small scale. Current sales (Job Work + Mfg)+15 Cr./yr. |
Key Objective | To push business up on growth track from near stagnancy for many years. |
Inputs & Results | Provided leadership team of CEO & Part time Managers to push topline & bottomline to over 4 to 5 times in 4 years. Facilitated expansion & team building for future growth. |
Testimonials
Dinesh B. Patel,
Chairman
Sintex Group
We have employed Mr. Chhabra in the year 1969 in Bharat Vijay Mill (Now known as Sintex Industies Ltd) as a Project Engineer. At that time, we were in the...