Hero, the brand name synonymous with two-wheelers in India, is a multi-unit, multi-product, geographically diversified, Group of Companies - the reflection of the steely ambition and indomitable grit of the Munjal Family. The Boston Consulting Group has ranked Hero among the top 10 Indian business houses in Economic Value and the group is one of the highly respected corporate houses in the country today.
The reason for continued success and repute for the Group and its allied businesses is the basic value system followed by all promoters, stakeholders, employees and partners – the continued focus on relationship building and management. Trust, support and nurturing relationships is an integral part of the grooming of each employee, as well as partners and vendors. For this reason and others relating to operational efficiency and customer satisfaction, Hero Group ranks amongst the top 10 Indian business houses and the management has acquired a number of accolades and achievements over the years.
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Hero Group Management style has been acclaimed internationally by World Bank and BB. Hero Group is discussed as a case study at London Business School, UK and INSEAD, France. World Bank has acclaimed Hero Honda as a role model in vendor development based on a world-wide study. The London Business School, UK, has done a case study on the Group as model of entrepreneurship.
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