
People Capital
By K S Nayar: At an international tyre industry exhibition, a rubber technologist with a major tyre manufacturer told me about the culture of secrecy surrounding product development. Even the CEO is barred from visiting the smelly rubber compounding section unless he gets in-house security clearance. The chief compounder and R&D head are provided with 24/7 security. The scene evoked images of Fort Knox, the US Bullion Depository Building. I admit It is a hyperbole of exaggerated security at top tyre companies. But there is no denying the fact that tyre makers jealously guard their compounding formulae and tyre...
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