Apropos T N Ninan’s column “Focus, or defocus” (July 2), Professor Palepu is correct in questioning a “focused” strategy. Companies that entered emerging sectors and had the ability to build a competent team with the right kind of leadership have succeeded. This happened in the IT industry and the power sector in the late nineties, and the mobile and telecom sector in the early 2000s. In today’s world, core competencies need to be built like one builds a team for making a movie.
V Sanjeevi, on email
Readers should write to:
The Editor, Business Standard,
Nehru House,
4, Bahadur Shah Zafar Marg,
New Delhi 110 002,
Fax: (011) 23720201;
letters@bsmail.in