Product Overview

The year 2013-14 was very significant for Raychem RPG Ltd (RRL) - a joint venture between RPG group, India and TE Connectivity, USA. The sales were looking up and order book was promising. Newly restructured units were working well and business in new segments was picking up. There were several initiatives undertaken by the CEO in last five years of his tenure. His team had achieved the desired stability and turnaround was successful. A high-growth future in a slowing global economic scenario had to be converted into a more profitable opportunity. However, he faced several questions. Was the strategic transformation journey that he embarked on four years ago complete? Could he have done something different? Which were the areas where the next focus should be? Did RRL have the required competences to succeed in those areas? How would RRL manage the changing expectations of the two JV partners?

Learning Objectives

The objective of this case is to introduce students to organizational restructuring at an international joint venture between an Indian and an American firm. The case also helps in illustrating key strategic transformation elements including those in joint ventures. Through this case, participants would get a chance to connect concepts, frameworks and a checklist of questions pertaining to strategic transformation, international joint ventures. Finally the case includes elements of organizational alignment and strategy execution by leadership of a company in crisis.