Monday, March 30, 2009

Institution

Read the article by R Gopalakrishnan on Hindustan Lever's (Unilever) 75th year of operation in India. Hindustan Lever is no more a business house, rather it is an institution. One can easily read it through in the article. And the basic foundation for that....PURPOSE and CULTURE (Sanskar). Evolution of any entity into an institution is based on a consistent purpose statement that is simple to understand, internalise and be truthful. The arduous journey of several flagbearers in good times as well as bad times maintaining integrity, ethics, compassion, trust and inclusive social contribution creates a signature of the institutiion's culture. Liked the quote from Lord Leverhulme that is referred to in the article .."The road maker is the best anonymous servant of humanity. He drives great broad thoroughfares from town to town and for generations men travel over the road, with all their hopes and fears, with all their cares and joys, never once asking who it was that made their way easier for them..."

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