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e sits
surrounded by wisps of lace, bits of elastic, gossamer fabric, underwires
and moulded cups. When he looks at a world-famous Victoria’s Secret model,
he probably does not see the seductive curves the lingerie intends to
highlight, but a product that his team has manufactured. He is not your
everyday chairman of a big-league, world-class company. His soft-spoken
demeanour and affable nature belie a fierce determination, machine-like
stamina, talent-spotting aptitude and intuitive team leadership skills.
These blend perfectly with an uncanny ability to look into the future and
recognise promising business opportunities. Mahesh Amalean is many
corporates’ ideal head: not a tactician, as he himself confesses; but
rather, a strategist and a visionary.
Amalean is of Gujarati ancestry, but was
born and bred in Colombo. His father, Dayalal, was in the family business
of textile traders and merchants, H. A. Nagindas & Company. His mother
Urmila, beloved for her gentleness, was compelled to be a single parent to
her children at just 35, when Dayalal died unexpectedly. Amalean had just
completed his ‘O Levels’ at Royal College.
“My
grandfather believed in having the entire family together, so we lived
with our uncles, aunts and cousins in one large compound off Havelock
Road,” Amalean recalls. “This taught us invaluable lessons – like learning
to live with people, to accommodate others’ needs and to be tolerant. It
also strengthened relationships among the siblings… and even after we
moved out, we were very keen to be close to the main house and continue to
live close to each other – because we wanted our children to have that
same environment, without stepping on each other’s toes.”
Not wanting to be too far away from his
family after his father’s death, Amalean left for Chennai and read for a
BTech degree in chemical engineering at Madras University. “All I wanted
to be was a chemical engineer and a professional, because I value that
professional thinking,” he says.
Back in Colombo in 1978, his grandfather
requested Amalean’s help with the small garment-manufacturing unit he had
set up. “I made it very clear that once my results came, I would be
pursuing further studies,” reveals Amalean. “But we were losing money –
and even though my results arrived, I was uncomfortable about walking away
from the business, as it was somehow my responsibility.”
Subsequently, it was decided that Swastik
Texiles (which was later renamed Paradigm Clothing), should close shop
once existing commitments had been met. However, C&A kept giving the
company repeat orders – and before long, the company turned round. Amalean
then approached his grandfather and said that the business could
work. “The first question my grandfather asked me was whether I would
stay. By that time, the bug had bitten me – so I stayed on…”
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MAHESH AMALEAN
DATE OF BIRTH:
4 April 1955.
ALMA MATER:
Royal College.
FAMILY BACKGROUND:
Married, with two daughters and one son; eldest son in a family of
three boys and two girls.
ALWAYS WANTED TO BE:
A chemical engineer and a professional.
HOBBIES:
Reading, photography and watching Formula One racing.
STRONGEST BELIEF:
“Given the right conditions, Sri Lankans can do better than the
best, anywhere in the world.”
MOTTO IN LIFE:
“Whatever you do, give it your best shot.”
MOST INFLUENCED BY:
His mother, who played a very important role in his life; and his
wife, who is pragmatic and a good sounding board; also his
relationship with his brothers.
MOST MEMORABLE MOMENTS:
Marriage; experiences with his children; decisions taken, such as
going to Chennai for education, leaving the security of the family
business to start off on his own, and the starting up of various
joint ventures.
CORPORATE ROLE MODEL:
John Keells, for having had the vision to grow as an organisation.
MOST ADMIRED BUSINESS
LEADERS:
Deshamanya Ken Balendra for leadership, decisiveness, good values
and integrity; Martin Trust and Jack Welch for non-interfering
leadership and guidance.
MOST ADMIRED POLITICAL
LEADERS:
Abraham Lincoln, Winston Churchill and Mahatma Gandhi – for strength
of character; John F. Kennedy and Jawaharlal Nehru – for leadership
and statesmanship; J. R. Jayewardene – for initiating the open
economy and fast-tracking development; Chandrika Kumaratunga – for
being courageous and taking very bold decisions; Ranil
Wickremesinghe – for long-sighted structural decision-making. |
Around this time, Amalean was facing
another challenge. During his sojourn in Chennai, Shaila – who holds a
masters’ degree in child development and family relations – had caught his
eye. However, his family did not consider her the ideal match, because –
although a Gujarati – she was from a higher caste than he.
“Being the eldest grandson, I was
supposed to set an example. We never wanted to go against our family’s
wishes. So it took a lot of negotiation to come to an agreement,” he
confesses. Eventually though, the then 25-year-old Mahesh married Shaila
at a ceremony in Madras.
“The support, commitment and
encouragement Shaila has given me throughout has made it possible for me
to continue to do well. There is nothing more rewarding than returning to
a happy, contented home, knowing that I can concentrate fully on the
business,” he avers.
Although Amalean tried to infuse his
visionary thinking into the family business, the rather conservative
mindset of the rest of the family made for an uncomfortable environment.
“This was their business and when we lost our father, our uncles took
extremely good care of us. So I felt I was out of line,” he discloses.
Deciding to take a step back, he
approached his brothers: Sharad, an accountant; and Ajay, a mechanical
engineer. Pooling their savings and obtaining an SMI loan, the brothers
set themselves up to manufacture labels. However, the yen spiralled and
looms became very expensive.
“We had no money. We had a factory that
was coming up and nothing to produce. So I approached some of my old
customers and asked if we would have their support if we started
manufacturing garments. The answers were very positive,” Amalean recalls.
Sigma Industries began operations in Ratmalana, in August 1985.
In November of the same year, an old
business partner – Martin Trust, the President of Mast Industries –
visited the Amaleans’ factory. Trust proposed a joint venture and, after
weighing the pros and cons, the Amalean brothers decided to take the
plunge. They bought the adjoining plot of land to set up Unichéla, which
was to begin manufacturing dresses. But the quota system was imposed on
Sri Lanka. While apprising Trust and his team of the predicament, Amalean
espied some Victoria’s Secret catalogues and promptly asked: “Why can’t we
make these?”
The looks of incredulity must have been
palpable. “We were told very clearly that they did not think Sri Lanka had
the fine needlework skills to make lingerie,” he recalls.
Characteristically adamant when he’s convinced, Amalean hotly argued his
point – until Trust agreed to a meeting with Howard Gross, the President
of Victoria’s Secret.
“Victoria’s Secret presented all their
lingerie sourced from different parts of the world. They asked me what I
could make. I pointed to the simplest design, but was unsure how I was
going to execute it,” Amalean recalls.
Starting with just 50 Pfaff machines and
100 workers, MAS holdings today boasts 28 entities, employing over 32,000
people in Sri Lanka, Mexico, Indonesia and India. Amalean has remained
grateful to Trust and Jack Welch of Mast, as well as Gross and Grace
Nichols of Victoria’s Secret. “When they said yes to us, it was a real
leap of faith. We had absolutely no experience in lingerie,” he confesses.
A firm believer in a professionally
managed organisation, Amalean surrounds himself with young professionals
whose dynamism and advice, he says, have been invaluable.
“While our partners gave us processes,
technology and certain disciplines, the inputs of the senior management
team – now members of our ‘Corporate Executive Council’ – have influenced
the evolution of the culture of the business,” he affirms.
An early riser with “aspirations” of
visiting a gym at least thrice a week, Amalean is a voracious reader, a
Formula One enthusiast and a keen photographer. His working day is long,
but weekends are for family – and this gives him time to sit down to an
occasional game of Scrabble with Shaila, who is a member of the Sri Lankan
scrabble team.
His success in decision-making lies in
his ability to reflect on issues, eschew biases and view matters
objectively. His involvement in developing the apparel industry – as well
as spearheading various strategic initiatives in product development and
marketing, and heading one of the task forces for TAFREN – take up a fair
portion of time. Although he misses his two daughters – 21-year-old Aditi,
who is studying interior architecture in North Carolina, in the US; and
18-year-old Shama, who is studying French and management in Sheffield, in
the UK – his 14-year-old son, Siddharth, helps fill that void to some
extent.
Amalean professes that there is no such
thing as a ‘secret’ to his success: “We have been clear about what we want
to do and can do, and have stayed away from what we can’t do. Sometimes,
the decisions made might be far ahead of their time. But while analyses,
studies and discussions are all very good, at the end of the day, you must
listen to that gut feeling. It is what makes things work!” |
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