Vol. 4 (S) Oct. 2022

Article ID. JHSSR-1195-2022

A Predator in a Quagmire: Anupam Bharat

Ratnakar Mishra

Keywords:

Anupam Bharat, Leadership, Succession Planning, Challenges to sustain

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Abstract:

It is said ‘history repeats itself’. When we are able to exterminate a potential business upheaval with a soothing solution, a sigh of relief pushes us to think as if the business whipped off the venomous tide but in reality, things usually do not go as per our whims and expectations. Sometimes the same problem once perceived solved permanently resurfaces again in a new incarnation. That exactly happened in this case. The business empire thought to have resolved the issue it faced years ago but in recent past the issues again started showing its ugly fangs pushing the protagonist to scramble the dots again for solutions. To understand the case and its current exigencies we have to comprehend the genesis of the problem germinated 20 years ago.

It was 12th November, 2001 when the newspaper business house of Berhampur city of Odisha state in India lost its dynamic ‘Managing Director’ Mr. Kalicharan Panda in a fatal road accident leaving her mother and Chairman of “Anupam Bharat” into deep contemplation for finding a suitable substitute to hand over the reins of business. The dooms day brought a bolt from the blue for then70 years old Mrs. Mahadei Panda. She knew the moment she completes the last rites of her son Mr. Kalicharan within no time she has to appoint a new “Managing Director” for her business empire. Ultimately the matter of immediate succession planning was solved and the business house got a suitable successor and business activities went on normal quickly.

Chairman Mrs. Mahadei Panda was probably amused to solve a puzzle but hardly had she known the storm had just started brewing to test her mettle again after 20 years.

DOI: https://doi.org/10.37534/bp.jhssr.2022.v4.nS.id1195.p106