Business Lesson from Singur!
Current imbroglio in Singur, presents a crucial lesson when doing Business, especially outsourcing!
Keep all Stakeholders in the loop
WB Government has done the mistake of not keeping the stakeholders in loop, twice.
- First, when land was allotted to Tata, overlooking Mamata and possible agitations. An agreement that time, would have made the process a lot smooth
- Second, when the “peace treaty” was made yesterday between Mamata and the Government. Tatas were not involved and they are still reluctant to stay in Singur, due to uncertainities
So the thumb rule - Keep all Stakeholders in the loop!