📺 Stream EntrepreneurTV for Free 📺

Mental Health Support Is a Big Personal Learning: GCPL CEO To help navigate through the emotional crisis induced by the pandemic, Godrej Consumer Products Limited came up with an official support plan for its employees

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

GCPL

COVID-19, the unprecedented health crisis that rocked the world in 2020, has scarred the lives of many and left its impact on their mental health. No one has been spared from the fear of it.

"Mental health support is a very big personal learning for me. I reconnected with an old passion during the pandemic. I started writing poetry," says Sunil Kataria, Chief Executive Officer - India and SAARC, Godrej Consumer Products Limited (GCPL).

When we were all stuck at home, I sent out an email, "We live in our homes and while we stay in our homes, we live in our minds."

To deal with the crisis, the company officially came up with a support plan, where employees can reach out to any psychologist or any consultant.

"Being the CEO, I think such challenges bring out the best out of everyone. I have seen that in every leader of our team. Keeping in mind the mental health aspect of our employees, while working from home we did a lot of last mile connectivity."

Talking about the business, he said, "Many businesses have gone through a tough phase in the pandemic. We were lucky in this aspect. Our team has delivered some brilliant growth over the last 6 quarters."

Kataria joined GCPL in 2011 and has played a critical role in the transformation of GCPL's India and SAARC business. He has diverse work experience across the fast-moving consumer goods (FMCG) and consumer services sectors in sales, marketing and business roles. He had a long and highly successful stint of 12 years at Marico Industries. Post this, Kataria also served as business head in two challenging service sectors - retail and telecom, leading large and complex business operations.

"When I took over as the CEO of the India and South Asia Business, it was the largest regional cluster that gave us the highest annual turnover. The profit rate was at 16 per cent which was pretty healthy. In 2014, we had undertaken an exercise of cost optimization, with the help of an external consulting partner and they had helped us look at our cost pool through projects. We called it Profit Improvement (PI) and it became very successful. We were able to take out a margin of 1.5 per cent. The figure was around INR 80 crore. Now, the project has become a cultural phenomenon. It is now in its eighth year. In the last six years, we have moved our EBITDA margin from 16 per cent to 26 per cent. This is one of the most fundamental growth a company can achieve."

In the last one year, there has been a fundamental shift in consumer behaviour. "Most FMCG companies that I am aware of are digitised. The consumer is becoming an omnichannel, where they are searching for a product in one place, getting the information and buying it from another place. You could be searching online and buying it from a kirana store. This has become a multi-dimensional journey," he says.

"There is a lot of insight which has come through ecommerce channels about online consumer data. There is a new world out there, so we thought we will create ecommerce separately. We have been running it for the last three years and It has been fruitful. Now, 5 per cent of our business comes through e-commerce."

On the growth aspect the CEO says the company will continue to dig deeper into innovation. "I think the core lies at developing the online channel."

The CEO also emphasises that the company will expand its rural base. "We will continue to expand our business in the rural areas. Interestingly, in the last 18 months of the pandemic, our teams have improved our distribution in the toughest points. The distribution rate has gone up to 50 per cent."

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Business News

Elon Musk Reveals His Tactics for Building Successful Companies, Including Sleeping Under His Desk and 'Working Every Waking Hour'

Musk shared the secrets on a podcast with Nicolai Tangen, CEO of the $1.6 trillion Norges Bank.

Business News

Airbnb Renter Discovers Hidden Door, Says Police Confirm There's a Secret Unit Upstairs With 'Surveillance': 'A Terrifying Experience'

One bride-to-be was in for a not-so-welcome surprise when she discovered a secret door in her Airbnb rental.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Leadership

I Went on a Retreat to Reignite My Entrepreneurial Passion. Here's What I Learned That Will Forever Change The Way I Lead.

An international adventure could be exactly what you need to achieve your entrepreneurial goals.

News and Trends

Fashion Startup Lyskraft, FlexiCloud Internet, and AI startup Control One Secure Early-Stage Funding

Here are the Indian startups that announced early-stage funding rounds.