Flowing from the concept and principles of Corporate
Governance adopted by the Company, leadership within ITC is exercised at three levels.
The Board of Directors at the apex, as trustee of shareholders, carries the responsibility
for strategic supervision of the Company. The strategic management of the Company rests
with the Corporate Management Committee comprising the wholetime Directors and members
drawn from senior management. The executive management of each business division is vested
with the Divisional Management Committee (DMC), headed by the Chief Executive. Each DMC is
responsible for and totally focused on the management of its assigned business.
This three-tiered interlinked leadership process creates a wholesome
balance between the need for focus and executive freedom, and the need for supervision and
control. |
