How WhatsApp can help a turnaround

Western Coalfields tides over conventional problems with unconventional approach

pujab

Puja Bhattacharjee | April 28, 2016


#BCCL   #CIL   #Anil Swarup   #Jharia Coal Field   #Coal India   #Coal   #Coal Mines   #Western Coalfields  

Western Coalfields (WCL), a CIL subsidiary, was making profits till 2009-10. But it had to scale down its production due to extra safety precautions following a labourer’s death in a mine mishap in September 2010. It resulted in five years of negative growth in production and dispatch. For three consecutive years, the company made losses and was about to be referred to the Board for Industrial and Financial Reconstruction (BIFR).

When Rajiv Mishra, then director (personnel), Central Coal Fields, joined WCL as chairman-cum-managing director (CMD) in October 2014, he inherited a heavily demoralised workforce and a sick company. “At that time there were 42 projects, none of which were viable. I could start work on 36 projects out of them by making some technical and parameter changes,” he says.

It was necessary to motivate the employees before focusing on ground problems. Mishra found that a whopping 70 percent of the workforce was due to retire by 2019-20 and WCL will have to depend largely on relatively young people. He summoned about 500 employees – from management trainees to assistant managers – and asked them to imagine WCL in 2020. “I told them that their dream will be their vision and they have to create milestones to achieve those dreams,” he says. The positivity quickly percolated to other employees.

WCL made ‘Samvad teams’ in each location comprising people from labourers to general managers and delegated powers to them. “We told them to decide whatever they considered the best in that area and implement it. They could get my approval post-facto,” he says. Mishra was also a member of these teams which gave the lowest rung workers access to him. Following these measures, the company turned around in three months.

In 2014-15, WCL achieved a growth of 3.6 percent and made a profit of Rs 161 crore. In a year’s time, WCL was heading for a growth of 10 percent. Mishra then focused his attention on resolving issues on the ground. Acquiring land for projects was of course a major hurdle. WCL teams visited about 50 villages in two months and engaged with villagers. Once resettlement and rehabilitation policies were modified, WCL was able to launch one project every month. “We lined up all 36 projects in 36 months. In 11 months we have opened 11 projects – and have fixed a timeline of all 36 projects,” says Mishra.

The CMD uses social media to bond and keep in touch with the employees. “We have formed WhatsApp groups with workers. I am a member of those groups and that’s where decisions are taken,” he says. Any major decision taken by the board is immediately shared over WhatsApp to keep everyone in loop.

From April 2015 to January 2016, the company grew by seven percent, and in January, it achieved the 100 percent production target. n
Puja Bhattacharjee

Comments

 

Other News

Here’s an I.D.E.A. for career growth and success

Success in today’s professional organisation is no longer solely determined by academic qualifications, technical expertise or years of experience. While these attributes do matter, organisations increasingly value individuals who demonstrate the right mindset and behavioural qualities. The ability

PM interacts with CEOs, founders of space startups

Prime minister Narendra Modi interacted with CEOs and Founders of 20 Space Startups at Seva Teerth on Friday.   CEOs of leading companies in the space sector working in diverse fields ranging from building rockets and reusable semi-cryogenic launch vehicles, avionics, satelli

From one cow to a dairy business

In 2012, Anita Dash wasn`t dreaming of building a dairy brand. She wasn`t studying business models or planning market expansion. Like countless mothers across India, her focus was on something much simpler: giving her children a better future.   At the time, her most valuable

Ethanol blending: The two sides of a story

India`s crude oil consumption is estimated to be around 88.5% imported from abroad. This one single figure is also responsible for why ethanol has become both an economic strategy and fuel policy at the same time. In an economy like India, which depends so heavily on foreign oil, any increase in internat

Food inflation: Not a macroeconomic statistic but a developmental indicator

India`s retail inflation shows a reassuring picture at first glance. According to the latest data, Consumer Price Index (CPI) inflation edged up to 4.38% in June 2026 from 3.93% in May 2026, but continued to remain within the Reserve Bank of India`s (RBI) target band of 4% (+/- 2%). However, beneath this

Skin in the game or masterful market timing?

When a company founder opens their personal chequebook to buy shares in their own business, stock markets usually applaud. To the average retail investor, it feels like the ultimate vote of confidence, a sign that the people running the show have real skin in the game and believe brighter days are ahead.

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter