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How we are Structured |
A Flat Structure:
At Marico, we are an organisation, which is flat with only five levels of reporting between the Managing Director and an operator on the shop floor.
We believe that a flat structure helps us in being more responsive to the environment while providing enriched roles for our members. Our structure defines clear roles and supporting relationships but is by no means rigid. Keeping in mind the fast and ever changing business environs, Marico's structure is dynamic and constantly evolving.
Profit Centers:
Marico has always been a growth oriented organisation- we have been one of those
few who can claim a double digit CAGR in both Turnover and Profits over the past
6 years. The past two years particularly have seen acceleration in growth, leading
to the Group being close to achieving a turnover of Rs. 1500 crore during the current
financial year, with a commensurate bottom-line. This sets us up for an even more
accelerated journey towards our stated target of Rs. 2000 crore by 2008-09.
Recently Marico undertook a Organisational Restructuring exercise which resulted
in the Marico Group business organisation being restructured into three Strategic
Business Units (SBUs) - Consumer Products Business (Personal & Nature Care and
Wellness & New Products), Kaya Business (Kaya Skin clinics and Kaya Life) and
the International Business (which comprises the International FMCG Business and
the Sundari Business).
The leadership in charge of various SBUs and Functional Units are:
|
Unit |
Scope |
Leader |
Designation |
|
Consumer Products Business |
SBU |
FMCG business in India, including all embedded functions |
Saugata Gupta |
Chief Executive Officer- Consumer Products |
|
International Business |
SBU |
FMCG business overseas including all embedded functions and Sundari |
Vijay Subramaniam |
Chief Executive Officer- International Business |
|
Kaya Business |
SBU |
Kaya and Wellness businesses including all embedded functions |
Rakesh Pandey |
Chief Executive Officer- Kaya |
|
Technology |
FU |
Research and Development, CQA & six Sigma for all SBUs and FUs |
Vilas Shirhatti |
Chief- Technology |
|
Finance & IT |
FU |
Finance, Information Technology and Administration for all SBUs and FUs |
Vinod Kamath |
Chief- Finance and IT |
|
HR and Strategy |
FU |
Human Resources for all SBUs and FUs and Strategy for the Marico Group |
Milind Sarwate |
Chief - HR & Strategy |
Finance:
The company is strongly supported by the Finance Division, which handles the legal, treasury, tax, control systems and management information support. Additionally, every profit center has its own dedicated finance cell.
HR:
Equal support comes from our HRD team, which expends its energies, formulating and building strategies to build a stable and high - talent organisation.
The innovations and the quest for excellence at Marico continue unabated. Even as the success stories continue, the focus from the consumer never shifts.