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New Tata Motors MD most likely to be an outside candidate

New Tata Motors MD

The company is reportedly showing no urgency in appointing a new MD since the business is complicated.

Ever since Karl Slym’s untimely demise on January 26, 2014, India’s largest automaker Tata Motors has been running without a managing director. While the search for a suitable candidate is on, the company chairman Cyrus Mistry is reportedly not in a hurry to force fit a candidate to the position.

Talking to Livemint, Gajendra Chandel, chief human resource officer, Tata Motors, said that the vacancy will be filled once the chairman likes a candidate and the board approves the move. He also added that the new Tata Motors MD is most likely to be an outside candidate.

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Longer it takes the company to fill the vacancy, harder it would be for the new MD to turn things around.

As of now, Mr. Mistry is directly involved in leading the Group’s flagship business but under the given conditions, industry experts feel that the automaker is in a dire need of an MD. The dwindling sales and lackluster response for the new products further augment the company’s woes. So, longer the company takes to find a suitable MD, harder it would be for the candidate to settle in and effect a turnaround.

Also read – Tata Motors planing three new overseas assembly plants

Lack of an MD is not the only human resource problem that Tata Motors faces. Recently, the company has been witnessing resignations from top officials, especially in the sales and marketing department. In order to get itself ready for any such eventualities in the future, the firm is in the process of creating a pipeline of stand-in internal candidates to fill the leadership and critical positions in sales & marketing, production, engineering and R&D departments.

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About the author

Nithyanandh Karuppaswamy

Winner of national level automotive quiz competitions, Nithyanandh aka Nithz jumped into the blogosphere right after gaining a degree in Mechanical Engineering. Love for automobiles and an even greater drive to share his knowledge with the automotive community, Nithz is Deputy Editor at RushLane.

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