The Maruti Story ,How a public sector company put India on Wheels.
The book is authored by R.C. Bhargava and Seetha.
This Presentation created by students of Rustomjee Business School, Dahisar. Tejas Joshi & Ranjan Bhosle
Measures of Central Tendency: Mean, Median and Mode
Book review of the maruti story
1. Book-Review
The Maruti Story
- R.C.Bhargava with Seetha
“How a public sector company put
India on wheels”
By
Ranjan Bhosle
Tejas Joshi
2. About Authors
• Former CEO of Maruti-Suzuki.
• Current Chairman of Maruti-Suzuki.
• Padma-Bhushan third highest civilian award in the
Republic of India.
• IAS officer 1956 Batch
• Senior Journalist with 30 years Experience in reputed
newspapers and business magazine.
• Author of The Backroom Brigade: How a few Intrepid
entrepreneurs brought the world to India.
• Currently writes for Swarajya and FirstPost.
R.C Bhargava
Seetha
3. About Maruti-Suzuki
• Own’s subsidiary of the Japanese Car and Motorcycle
manufacturer Suzuki Motor Corporation.
• Highest market share of 53% of the Indian passenger
Car market.
• Maruti Suzuki has over 2000 sales outlets across
various cities in India.
• More than 1226 service points across India.
4. Why would you recommend someone
to read this book?
• Inspirational story for any startup .
• Target:- Young millennial , Management students and
Business Aspirants.
• Good to improve critical thinking.
• Understanding European and Japenese Business
cultures.
Efficient Market research
Quick decision making.
Company brought Industrial Revolution in India.
5. Synopsis
• Competing with established Automobile companies.
Hindustan Motors.
Premier Automobiles.
Standard Motors.
• Employee Skill development Program
979 people trained during fifteen years span in Japan.
• Unachievable targets achieved in short duration.
Rolled out first car Maruti 800 in duration of 14
months.
Achieved all the project deadlines.
Highest market share till date.
Unimaginable success from 1982.
6. Synopsis (Continued)
• Adopted Japanese way of doing business.
• Staying firm on decision.
• Company standards adopted by other companies like
Gillete.
• Perfect example for Private-Public sector partnership.
• New ventures form after success of Maruti-Suzuki in India
• (40 joint ventures and technical agreements sign).
• Employee Development Programs
– Workers promoted to supervisor level
– New ideas collected to upgrade the production line.
– Bottom-up startegies
7. First owner of the Maruti 800 (1983)
Mr Harpal Singh
The First Maruti 800 has been
restored finally. (February 2019)
8. Main Learning Points
• Never give up
• Focus on solutions not on problems.
• Adopt to the new changes and technological advances.
• Have a generalized view about company not only about
your specialization.
• Proper communication between hierarchical levels.
• Training and developing external macro factor of
companies.
• Create a competitive environment in company that leads to
growth.
• Set a benchmark so competitors have tough competitions.
9. Concept that can be apply in Indian
Companies
• Kaizen (Improvement):-
– activities that continuously improve all functions and
involve all employees from the CEO to the assembly
line workers.
Where Maruti Used Kaizen:-
– For the activities like improvement in the use of space for
storage
• Quality Circle Scheme:
– Management technique that enlists the help of employees in
solving problems related to their own jobs.
Where Maruti Used Quality Circle :-
– It started to form QC from 1985 and extended them to all
work areas.
10. Concept that can be apply in Indian
Companies (Continued)
• 5s of Organizing workplace.
– Seiri (Proper Selection)
– Seiton (Arrangement)
– Seiso (Cleaning)
– Seiketsu (Cleanliness)
– Shitsuke (Discipline)
• 3G’s
– Genchi (Actual Place)
– Genbutsu (Actual Thing)
– Genjitsu (Actually)
• 3K’s
– Kimeraareta Koto Ga (What has been decided)
– Kihon Dori (Exactly as per standard)
– Michin to Mamoru (Must be followed)
11. Concept that can be apply in Indian
Companies (Continued)
• Localization of components
– locally producing or manufacturing the
components at its own plant or in ancillary units in
India
• Commonly used Techniques
– On the job learning.
– Pre-delivery inspection.
– Private dealership network.
– Quality control system.
12. Critiques to the Book
• Covered every aspect of the company.
• Author is Unbiased
• Make readers interested due to sequence of incidences
occurred.
• Explained every condition in which decisions were
taken
• Covered the situations where norms were overlooked.
• Too much hierarchical information given
• Too much detailing.