The search for Cyrus Mistry's successor, who was removed as the Tata Sons chairman today, will be a long and difficult one, according to two writers who have covered the Tata Group extensively.
Appointing Ratan Tata, a familiar face, as the interim head may have been to reassure overseas stakeholders, Morgen Witzel, the author of Tata: Evolution Of A Corporate Brand told BloombergQuint.
It may be possible that the group already has a potential successor in mind, Witzel added.
Also Read: From Ratan Tata To Cyrus Mistry And Back
Stanley Pignal from The Economist attributed Mistry's removal to the tame performance of the group's major companies under his leadership. Finding a replacement for Mistry in such a short time frame will be one of the most difficult tasks in corporate history, Pignal told BloombergQuint.
The one person who's not so worried about finding a suitable replacement for Cyrus Mistry is Sunil Mithas who's written a book on what companies can learn from the Tata Group on innovation and transformation.
Also Read: Tata Sons Replaces Mistry With Ratan Tata In ‘Bizarre' And ‘Shocking' Move
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