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Zee Telefilms appoints A.T. Kearney for recast

Our Bureau

MUMBAI, Sept. 6

ZEE Telefilms Ltd (ZTL) has said that it has hired A.T Kearney, the global management consulting firm, to review and refine ZTL's organisation structure and systems.

The company said in a press release on Wednesday that it has engaged the services of a consultant to ``ensure full exploitation of the opportunities presented by the rapid expansion in its media and information businesses.''

A.T. Kearney is expected to complete its project in three to four months, an official of the company said.

A.T. Kearney's mandate is to undertake a comprehensive review of the group's structure and processes and identify potential improvements, the release said.

``We have a large number of activities within the company. We are looking at providing an organisational structure. We are also looking at the issue of corporate governance,'' the official said.

The A.T. Kearney team will identify and implement improvements to Zee's organisation structure and corporate governance systems. The objective is to optimise business performance through effective decision-making, efficient operations, leveraging synergi es between businesses and full development of employee's talents, the release said.

The restructuring has been necessitated primarily to leverage the synergies between group company activities to ensure strong future growth, the official said.

``In the fast-moving media and information industries, continuous review and refinement of internal systems and processes is essential to the continued dynamism and vitality of our business. We know that the success of our business rests entirely on the creative skills and management acumen of our people and we want to provide the right environment to leverage these skills to the full,'' the release said quoting Mr. Subhash Chandra, Chairman, Zee group.

``We are very excited to have this opportunity to leverage our global experience in organisational best practices to help build a truly world-class organisation,'' the release said quoting Dr. C. Srinivasan, Managing Director, A.T. Kearney.

A.T. Kearney was chosen from among several consulting firms, as it is one of the largest management consulting firms. ``The firm has extensive experience in the media and information industries and a global practice dedicated to assisting companies with organisational transformation,'' the release said.