Himbunkar:Turnaround of a Social Public Sector Enterprise

Himbunkar, a Himachal Pradesh State Government Enterprise, was an APEX organization of primary co-operative societies consisting of weavers and artisans engaged in production of handicraft woven on handloom such as woollen shawls, stoles, ladies' suits, tweeds, jackets, mufflers, ties, caps, socks, carpets, foot mats, pooja mats, sofa spread, wall hangings, furnishing items, etc. as well as others like woodcraft, leather, embroidery, artistically stitched rumals of chamba, decorative wooden pieces and grass shoes. The case study deals with the turnaround of the organization by innovative management skills and team work. Furthermore, the challenges faced by Top management Team (TMT) is highlighted in the case given the organization was a Public Sector Enterprise with socio economic objectives which were diametrically opposite to the objectives of commercial organization.