In 2011, Sudarshan Chemical Industries Limited, a global pigment business with sales in over 40 states, was poised to become one of the very best four pigment producers in the world. The vice-chairman was going to meet an external consultant whom he'd hired when he assumed direction of the family business in 2003 following the demise of two of the founders - his father and eldest uncle.
The meeting's agenda was to discuss the various initiatives that had been undertaken since 2003 at Sudarshan to methodically professionalize the group. The vice chairman couldn't help wondering whether the company was heading in the correct way. Should a family member always be the head of the company? What will happen if the family member being ready for the leadership role didn't gain the acceptance of the family and non-family professionals to head the business?
Professionalization of Sudarshan Chemical Industries Case Study Solution
PUBLICATION DATE: March 26, 2015 PRODUCT #: W14727-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE