In a move that is being seen as a whimsical fit ever heard in Corporate India, JSPL MD Ravi Uppal is said to have shot off a mail cancelling leaves of all employees during Xmas and New Year. The man who old timers laughingly refer as the Jinxed MD whose entry has seen the biggest ever loss of face and value, the unpopularity of Ravi Uppal is said to have peaked amongst the workforce pegged at 20,000 employees going by the company’s website.
Interestingly, the blogger has received over a dozen emails supposedly from employees of the company who were shell shocked to know about the cancellation of leave of all employees. A copy of the email has also been received by the blogger from atleast 3 different anonymous (and distinct) employees. The man whose tenure has brought an eclipse on the shining star of Indian Corporate world, yesterday JSPL stock closed slightly above the Rs. 13000 crore valuation mark, down by Rs 19000 crore from the time Ravi Uppal was handed over charge by the Steel Czar Naveen Jindal. Since then, the company which prospered under the luck and foresight of the Former Congress MP has bene mired in controversies.
“At times when a MD is supposed to lead by example and motivate employees, Uppal is doing exactly the opposite. Many of us were shocked to know how can a MD take such arbitrary decisions, which are illegal unless he compensates the employees who have planned their year end vacations”, a depressed employee wrote.
Another employee, apparently a lawyer from writing style says, “Consistency in words and actions is basic character and quality of a leader. If a senior official claims to be a professional manger having worked with MNCs, he needed to follow the MNC practices where no MD acts in such irresponsible and erractic manner”.
“Even if he compensates us from his salary or uses the company money to pay for cancelled ticket booking he cannot give me the time i have committed to my family months ago. With many crore worth salary he can afford financial loss from cancellation i cannot. Will he pay my tax liability if i donot utilize my LTA”, another staffer rues.
“My work is not related to the reason for arbitrary cancellation of leave but i am also being made scapegoat by this wrong decision taken by one man whose job is also to motivate us employees to work better. All professionals work for company and he shows he is only employee working in company interest. All people know the downfall of our company due to him. His track record is clear and any of his past employee can tell how he is expert in ruining great company like our”, an oldtimer went emotional.
“It is shocking that one day he sends a mail without permission from Chairman or GEC (Group Council). If he had mind and foresight, he should have written properly in advance. His mail proves why even brilliant men can make wrong decision by hiring a MD like Ravi Uppal”, the depressing string of mails continue.
“With his fear our boss also doesnt have guts to take up matter with him. When no boss is ready to stand for employee how will employee get assurance”.
While many mails had plethora of “adjectives” depicting the nature of Ravi Uppal and expanding the jinxed spell further, they have been edited to maintain decency. It is alarming even for the blogger to have become an agony aunt for the demoralized employees who are finding their department heads meekly surrendering to Ravi Uppal’s dictat. Some even plan to make a joint representation directly to Uppal’s boss and Chairman Naveen Jindal to take a final decision.
The wave of demoralization amongst JSPL employees signals the increased unrest of being led by a MD whose entry has seen the star performer becoming an avoidable stock at Dalal Street. It is extremely disheartening for the blogger to read mails of such nature where employees feel the need of an unrelated blogger to write a post for them rather than speaking out. More alarming is the lack of interest for any department or plant head to take up the issue head on (termed as spinlesslessness in one mail). If the blogger could be of any worth (by getting used) to send their message to their own MD (provided Ravi Uppal reads this piddly blog), and it ends up in making the workforce get their basic due, as a gesture of reciprocation the blogger will discontinue the duly deserved prefix “Jinxed” from all future mentions of Ravi Uppal on this blog. This is inspite of strong personal belief of the blogger that its high time that Naveen Jindal steps in by clipping wings of a man who has brought nothing but distress to the business empire curated by great precision and planning by the man who was 2 1/2 times richer before he shopped for a MD from L&T.