December 7, 2004
Pathfinder Award for Chairman
Path Finder Award for Mr B. Muthuraman, our Chairman.
Our Chairman and Managing Director of Tata Steel, Mr B. Muthuraman, was awarded the prestigious National HRD Network’s Path Finders Award 2004 — a CEO category recognition for steering major transformation of an organisation through people and people processes. The award was presented to Mr Muthuraman at the valedictory function of the National HRD Network’s annual conference by Mr Adi Godrej, Chairman of the Godrej Group at the Indian Institute of Science, Bangalore.
Some of the past recipients of the award have been Mr R. A. Mashelkar, Mr R. S. Pawar, Mr Azim Premji and Mr Venu Srinivasan.
The Path Finders Award 2004 winner was selected by a committee which was chaired by Mr Mashelkar. The other members being Mr R. R. Nair (Advisor, Unilever), Professor Madhukar Shulka (XLRI), Mr Arvind Agarwal (President, Corporate Development and HR, RPG Enterprises) and Mr Santrupt Mishra (Director, AV Birla Group).
Mr Muthuraman’s leadership at Tata Steel has been marked by a further acceleration of the pace of change in the steel company. Tata Steel, in the recent past has implemented many innovative measures in its operations by ensuring the participation of all sections of employees and empowering them to undertake improvement processes. The new credo of 'freedom to fail' in the company has allowed its employees to unleash their potential and make record profits and set new operational milestones. Today, Tata Steel is one of the few EVA+ steel companies in the world and seeks to become a dominant player in the global steel industry by entering new markets and by pioneering in the unconventional applications of steel.
Similarly, as Chairman of Tata Sponge, Mr.Muthuraman has steered its robust growth plans which will see the company become one of the major players in the coal based DRI market, before venturing into steel making. Under his dynamic Chairmanship, Tata Sponge has seen its profits rise to unprecedented levels.
The management and all employees of Tata Sponge extend their hearty congratulations to the Chairman and convey our best wishes for further laurels to be bestowed upon him in the days to come.