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Sunday, May 3, 2015

The Top Executives In Family Business

There arises an issue in family business,as who has to preside over. Seniority is the outcome.
 How far seniority works? Does it not depend on efficiency? Does it not rely on exposure? Does it not call for literacy? Many and many queries crowd my mind as I deliberate on the subject of Family Business .

The senior most member of the family is the one who is older in age. Well, if this man lacks all the basic qualifications, is he still eligible to take the reins?If at all he his given an opportunity he does not perform what would happen to the business/

If it is circumventing around the landed properties, not much harm could be done. If it is encircled by manufacturing industry then acumen is very essential. Now this senior member slips and fails what would happen to the industry?

Analysing all these possibilities, it is the man who is shrewd, who is genial, who is genuine, who could handle the affairs be offered the top post for the industry to flourish.

Will the family hierarchy give way to this new clause

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