Matter tissue around solving the dilemma faced by the second generation managing director Ujwal Bharati Pharmaceuticals, medium and large businesses. He had to decide whether to keep it non-family CEO or not. There are other issues related to corporate governance and the family are considered in the case. This case was written in the context of the major efforts of the Indian family business in recent years to improve the professionalism of their work. This is especially of medium-sized businesses. In this case, while the director assesses the need for professional and non-family professionals to successfully recruit, he was not able to hold them. The main dilemma is not only a director to delegate, but at the same time find a way to use their time. Indirect opposition ranges from the old guard is causing problems and the board, consisting of experts, is ineffective. Older brother director, without a male heir, is not interference, and only son of director is not groomed for the position. Case is best suited for the session professionalization of management growing company, but also suitable for courses, such as a family business, organizational behavior, strategy and entrepreneurship. "Hide
by K. Ramachandran Source: Richard Ivey School of Business Foundation 10 pages. Publication Date: June 03, 2010. Prod. #: 910M36-PDF-ENG
Related Case Solutions & Analyses:
CSTAR
Metropolitan College
Dell Inc. – Investment Strategy
Competing for Development (C): Success Bittersweet
Cenabal (C)
Fortune Motors (Taiwan): Implementing Strategy Change Using the Balanced Scorecard (A)
Estonias Regio: Helping People Find Things
Chang Dental Clinic
Water Cooler
Tata Steel Limited: Convertible Alternative Reference Securities
