need the solution to this question Case Study
Mr. Naidu was a young officer in a nationalised bank in Chennai. He was approached by Mr. Datta,
owner of a small textile plant, for a loan to renovate his plant. Naidu gave him loan ofRs. 50.0(1). The
bank ' s branch manager. who saw no future in textiles, was shocked at the loan transaction, He told Naidu
to stay close to Datta until the money was paid back. Naidu stuck so close that he became Datta• s financial
adviser. The loan was repaid but Naidu became Datta's partner and resigned his bank job. Within six
years. Naidu set up another textile plant and after two decades his textile unit became the second fastest
growing textile company in the country. Naidu's management style was characterised by an emphasis
on innovation and tight control. To his employees Naidu was a friendly and highly visible boss. He
always worked around the plant and called vast number of workers by their first names. He preferred
to lead by example rather than telling people how go ao their jobs.
However. Naidu committed a big mistake of not grooming a successor. Therefore, tKete was a
vacuum ar the top when he had a severe heart attack and died.
Questions
l. What were the qualities of Naidu as a manager?
2. Did he consider management to be an art or science or both?
3. Do you think Naidu was a successful manager?
