Analysis: Choosing To Succeed
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Vittal Morro has figured out that the Morro Group requires a different kind of leadership team — a transformational one — to take it to the next level. He is able to see it because he has been such a leader himself, and leveraged changes happening in the 1990s to the group’s advantage. His son Prasad, however, appears to be more of a transactional leader who is good at piloting the company today, but fails when judged against a grander future vision. So who is a transformational leader? And how should Vittal go about identifying one? What does he need to do to attract them and retain them given the Morro legacy of family management?