Hear about them fighting and tearing their kingdom apart... but did you also take note of the aftermath?

IIPM PUBLICATION
With more than twenty Indian business families breaking apart in the past twenty years, a relevant question pops up in the minds of the masses – “Is globalization tearing the Indian business family ties apart”? Well, add to the abovementioned observation the very recent Ambani split or the much discussed Ranbaxy and Apollo splits, and the question turns more into a statement. But surely, even though family feuds continue to characterize the longstanding social structures, the reality is far from obvious. Post-termination of the ill-famed License Raj and the onset of liberalisation, a host of professionally managed systems of governance came to surface. But does this mean that family-fortunes are being dragged over the edge?

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Source : IIPM Editorial, 2006

Dean of IIPM :- Pofessor Arindam Chaudhuri (Renowned Management Guru and Economist)

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