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Ajay Harinath Singh Greatest Brand Leader 2018-2019

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powerful

Bhaskar Bhat

Leadership Guru To The Corporate India

Leaders who set new trends and bring a paradigm shift in the corporate

practices are always remembered and revered in the corporate

industry, whether Indian or international. Mr. Bhaskar, the former M.D.

of the Titan Co. Ltd. is one such leader in the corporate world

Memorable Journey

A B.Tech. (Mechanical Engineering)

graduate from the IIT - Madras, and

a Post Graduate Diploma holder in

Management from IIM – Ahmedabad,

Mr. Bhaskar started his journey in the

Tata Group with the Tata Watch Project

in 1983; later to become Titan Watches

Limited, and now Titan Company

Limited. At Titan, Bhaskar handled

sales & marketing, HR, international

business, and wide-ranging managerial

assignments. He then took over as the

Managing Director of the Company on

April 1, 2002, and held the position

till his retirement on September 30,

2019. Subsequently, he was appointed

as a Non-Executive, Non-Independent

Director of the Company with effect

from October 1, 2019.

During his extensive tenure at the helm

of the company’s affairs, he transformed

Titan to a legendary brand known for

reshaping the watch and jewellery

industry in India through brands like

Fastrack for college-going youth, Sonata

for people seeking affordable wearable

timepieces, and Tanishq, Nebula, Mia,

CaratLane for modern jewellery designs.

With his relentless efforts, he has

created a very strong base from which

Titan can reach newer heights globally

in the years to come.

Man of Simplicity

Mr. Bhaskar brings to bear simplicity

of thought, which cuts through layers

of complexity. The way he gets to the

nitty-gritty of the marketing or business

problem in a crisp manner is phenomenal

with his simple yet deliberate approach.

Instead of using marketing jargons, he

emphasizes to use easy-to-understand

yet creatively powerful marketing

phrases to communicate with the target

consumers.

Excellence first

One business advice that the industry

veteran shares with corporate leaders

across categories is to ensure excellence

in product quality and to have in-depth

knowledge of the business category

one is managing. During his tenure, he

focused that great brands are created

on the basis of understanding what the

consumers need, create the best version

of what you can offer, and make it easily

available to the consumer. His inherent

belief is that marketers have to constantly

find ideas for growth. Creating demand

has to be a marketer’s top agenda.

A prodigious marketer

Mr. Bhat is known for his insightful

marketing plans which have been a

result of him making every effort to be

in touch with ground realities about how

consumers make purchase decisions. In

spite of being the Managing Director of

such a world-renowned organization,

Mr. Bhat used to devote more time in

the dusty markets of India instead of the

board rooms. He has always emphasized

that marketers have to be out in the

field to understand demographics and

psychographics well. With this deep

knowledge about the market, he has

been able to connect to hundreds of

franchisees and distributors for Titan

over a period of time.

Proponent of Simple Living

and High Thinking

Despite spending decades of his life

enjoying the glory and perks of a highprofile

corporate job, Mr. Bhat is still desi

at heart. From catching auto-rickshaw to

his destination to chit-chatting with the

rickshaw driver undoubtedly makes him

a social and simple person who ensures

to stay grounded and in touch with local

trends—some of which may inevitably

emerge as consumer trends too. He

loves singing Hindi film songs and is a

fan of cricket and other popular sports.

“His insightful

marketing plans are a

result of him making

every effort to be in

touch with ground

realities about how

consumers make

purchase decisions”

| india’s greatest leaders 2019-20 | 83

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