Wednesday, September 1, 2010

Success Story Of Kumar Mangalam Birla

Kumar Mangalam Birla Born In 1967 June 14, 


Born on June 14, 1967, Kumar Mangalam Birla spent the early of his life in Calcutta and Mumbai. He is a Chartered Accountant and did his MBA (Masters in Business Administration) from the London Business School, London. Kumar Mangalam Birla took over as Chairman in 1995, at the age of 28, after sudden demise of his father, noted industrialist Aditya Birla, after whom the group is named. 
When Kumar Mangalam Birla assumed the mantle at the Aditya Birla Group, Doubts were raised about his ability to handle a giant business house with interests spanning viscose, textiles and garments on the one hand and cement, aluminium and fertilisers on the other. But Kumar Mangalam proved his skeptics wrong. He brought in radical changes, changed business strategies, professionalised the entire group and replaced internal systems. Kumar Mangalam reduced his group's dependence on the cyclic commodities sectors by entering consumer products.
Under Kumar Mangalam Birla's leadership, the Aditya Birla Group, apart from consolidating its position in existing businesses, also ventured into sunrise sectors like cellular telephony, asset management, software and BPO. 




Awards and Honors


2006
         Ernst & Young World Entrepreneur Award in Monte Carlo, Monaco in June 2006

2005
       "The Ernst & Young Entrepreneur of the Year

2003
       "The Business Leader of the Year" by The Economic Times Awards for Corporate Excellenc

2002
        The Qimpro Foundation's "Qimpro Platinum Standard Award"

2001
      The Rajiv Gandhi Award for "Business Excellence and his contribution to the country" by the Mumbai      Pradesh Youth Congress

2000
       The Bombay Management Association honoured Birla as "The Management Man of the Year 1999-2000"

1999
      The Lions Clubs International's "The Achiever of the Millennium"




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