There are four important dimensions which makes an industrial organization or company, an institution. Longevity, common practices characteristic of the people working in the organization, the size/ numbers of such people and the influence that the organization is able to wield on society at large
They have become the default buying destinations for consumers
The growing trade deficit has been on account of a growing oil import bill due to rising international crude prices
Indian culture is dominantly characterized by femininity, where decision are based not only on facts, but also on relationships and emotions, collectivism and high power distance
Family Offices are setup with the primary objective of preserving the family fortunes and for other non-financial purposes like philanthropy, tax advising, or anything else that the family may need
"Was the son or daughter obligated to join the family business if he/ she felt that the business was not ethical?"
Bank specific growth rate, interest rates, rising sovereign risk premium are the three major factors affecting the profitability of Indian banks
It's easy to come up with path-breaking ideas, what's difficult is to line up forces behind them to turn them into innovations.
What would a leadership development program for Travis Kalanick or Martin Shkreli look like? What could it entail?
Family managed businesses face the eternal conflict between considering the interests of the family against the interests of the business
There are also traditional handicraftsmen, jewellers and artisans who had flourished by royal patronage and who face the constant pressure for survival in today's changing times