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Wednesday, May 13, 2015

The Growth Of Intrusions In Family Business

T
he family interference in the business leads to a crash. This has to be collectively restricted. Whoever it might be family interest in the business is permissible. Other than that the other ideas of personal inclinations that of keeping aside a portion of wealth, hiking the bills for the sake of a family, manipulating in the accounts should not be entertained.

if the interruptions are allowed then it would be a complete sweep. The management should be careful with such interceptions. preserving the ethics the definition that long eluded my thoughts, should be the motivation.

I have seen in various organizations that this spirit ids obnoxiously missing. The anomalies are overlooked initially.  They are only small abnormalities and could easily be neglected would be the feel of the management. True trivials should not affect the big decisions. But ignoring them would lead to their growth. Once they grow huge it would be not easy to uproot them. Restrict them at the primary stage so they would not turn cancerous .

With this in the mind the family business has to be managed .




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