Comments on: Unconscionable Is The Racold Closure

By: GAJANAN VISHWANATH JOSHI

GAJANAN VISHWANATH JOSHI — Thu, 13 Dec 2018 09:50:51 +0000

Thanks for sharing. Very well written as usual. Some one talked about controlling costs . Labour cost is only one element ,others being material, overheads, finance costs . The control of costs is management function and unions have no say . There could be other interests in closing the factory such as real estate development as in case textile Mills land in Mumbai.
The least thing any sensitive management could have done is discuss and close it after Diwali .

By: Shreekant Gupte

Shreekant Gupte — Fri, 07 Dec 2018 00:48:30 +0000

A topic that has not been dealt with in this article is the ‘cost structure ‘ in manufacturing. It is obvious that poor shop floor management has resulted in high production costs at Chakan. This in turn makes outsourcing lucrative. Without doubt, the management of Raccold is primarily responsible for waste elimination, productivity of labor & capital & adoption of ‘Lean’ practices. This is the key area of failure & not the indecent way of closure.
I wonder what role was played by the Union in helping with costs!!!

By: Arvind Singh

Arvind Singh — Thu, 06 Dec 2018 18:57:39 +0000

Sorry friends if I sound otherwise. A Company’s articulation of its ambition is a different topic. And the fact this factory operation being a big impediment cannot be ruled out. I did see someone in the reply saying he is a victim. So one can also potentially conclude that this blog is motivated and looking at one side of the story and being emotional.It is also quite possible that the company did everything to get things right and probably the union could have not responded favourably forcing the company to take an extreme step much against its wishes. Such actions also are a huge costs for a Company. I just want to conclude by saying that we need to look at things holistically before jumping to conclusions. Unfortunately we don’t have the other part of the story

By: RAMANATHAN T.S

RAMANATHAN T.S — Thu, 06 Dec 2018 11:41:06 +0000

Things could have been better if there was open communication between the management and the workers. Even if there were any hardships the company was going through in the marketplace (though there appears to be none as per the Hindu report) it could have been sorted out amicably. There was no need to go for an action which appears to be totally inhumane and doesn’t take into consideration the long term effect on the workforce which had definitely helped to bring up the organisation to its current level of performance. There should be definitely someway to reinstate the workers, legally or otherwise….

By: Haresh Savita

Haresh Savita — Thu, 06 Dec 2018 08:05:36 +0000

In industrial relations we say that ‘timing’ for any action related to employees is the ‘key’ for making decision successful and in this particular case the timing was not the right time as Diwali is considered the most auspicious festival in India. Such news during Diwali for employees will leave them with anger and faith in god is questionable for them b’cos majority of the people in this country they live on faith and trust which Company could not demonstrate. I hope the closure is done as per country land laws and if not then Govt. bodies need to intervene and provide justice to employees.

By: Abhay Damle

Abhay Damle — Thu, 06 Dec 2018 07:28:21 +0000

At the out set, Mr. Patwardhan has his own a unique style of conveying the story.

Congratulations, very effective

Yes it is heart wrenching, and very demoralising for those who suffer this. Management seems to have forgotten that there is something like ” Permission ” for closure under ID Act.
This could have been done in a better fashion.

Will some one ask for immediate interim relief ??

I feel eventually workers will accept the fate and some additional compensation.

By: Vivek Patwardhan

Vivek Patwardhan — Thu, 06 Dec 2018 07:12:52 +0000

here is the link Asitabha Sanyal mentioned in the comment above:

https://www.thehindu.com/business/water-heater-firm-racold-to-double-market-share-in-a-year/article19855683.ece

By: Asitabha Sanyal

Asitabha Sanyal — Thu, 06 Dec 2018 07:07:57 +0000

What went wrong?
Why it happened?
Who is responsible? https://www.google.co.in/url?sa=i&source=web&cd=&ved=2ahUKEwjS5NfRtIrfAhVHWH0KHb-eAjIQzPwBegQIARAC&url=https%3A%2F%2Fwww.thehindu.com%2Fbusiness%2Fwater-heater-firm-racold-to-double-market-share-in-a-year%2Farticle19855683.ece&psig=AOvVaw3LNMlm4V4NUyft31LqwRjn&ust=1544158452741961

By: Vivek Patwardhan

Vivek Patwardhan — Thu, 06 Dec 2018 06:40:40 +0000

Mr Sharad Gangal writes: Its not about closing down of business, it’s a cycle that businesses experience, its about getting tricked when I am vulnerable.

By: SWAPNIL NARAYAN BARMUKH

SWAPNIL NARAYAN BARMUKH — Thu, 06 Dec 2018 05:51:20 +0000

Thank you Sir ,
For valuable support…..!

Swapnil
Racold victim.