`MD from telecommuniction secor.

Last time I made a mistake. The second MD was from the Telecommunication sector.He was soft spoken but firm in his decisions.Within few days of his joining he realised that the morale of the organisation is down. He also found out that reason for low morale was that many of the people have not been promoted for a long time citing the reason that the Comapny was not making a profit. He rejected this argument and asked the Finance department to work out cost implictions if every body in the Organistion is promoted. The figures came out to be a small sum as most people were stagnating at the top of the scale. Promoting to next scale did not give them much monrtary benifit but boosted their ego. In confidence with Heads of  the Departments most of the deserving candidates were promoted. This had an electrfying effect on workers and productivity increased considerably. It is in his regime R&D got a boost.We recruited people from IIT's and had a seperate building and work shop.MD  After two years he left to join from where he had come. Even though his stay was short he left a losting impression on the Organistion.