Pradip Kumar Menon
CFO, Pidilite Industries Ltd.
"We have bounced back at a faster rate than the market"
What is the key learning Pidilite Industries has taken from the current pandemic?
The unprecedented nature of the pandemic took everybody by surprise, especially the lockdown. It became imperative for organisations to be agile from top to bottom as one had to assess situations precisely, adapt and respond quickly to every changing event. At Pidilite Industries we first made sure that our people were together and aligned. We formed two leadership teams – one was an ‘Act Now’ team and the other was a ‘Plan Now’ team. The Act Now team focused on ensuring safety, security and day-to-day operations and the Plan Now team focused on how we could be at the forefront of change that was likely to come after this crisis. The volatility of the situation has reiterated to us the importance of adaptability, resilience and agility.
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