Professionalization of Ujwal Bharati

Ramachandran, K (2010) Professionalization of Ujwal Bharati. [Teaching Resource]

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Abstract

The case is woven around the decision dilemma faced by the second generation managing director of Ujwal Bharati Pharmaceuticals, a mid-size business. He had to decide whether to retain his non-family CEO or not. There are other issues related to corporate and family governance covered in the case as well. This case was written in the context of the major efforts made by Indian family businesses in recent years to professionalize their operations. This is particularly so among mid-size businesses. In this case, while the director appreciates the need to professionalize and successfully recruit non-family professionals, he is not able to retain them. The director's major dilemma is not only to delegate but to simultaneously find a way of making use of his time. Indirect opposition to changes from the old guard causes problems and the board, consisting of professionals, is ineffective. The director's elder brother, without any male heir, is non-interfering and the director's only son is not well-groomed for the position. The case is best suited for a session on professionalization of management of a growing company but is also appropriate for courses such as family businesses, organizational behavior, strategy implementation and entrepreneurship.

Affiliation: Indian School of Business
ISB Creiators:
ISB Creators
ORCiD
Ramachandran, K
http://orcid.org/0000-0002-5044-3673
Item Type: Teaching Resource
Uncontrolled Keywords: Change management, Succession planning
Subjects: Business and Management
Organization Behavior
Depositing User: Ilayaraja M
Date Deposited: 30 Jun 2019 16:12
Last Modified: 30 Jun 2019 16:12
URI: http://eprints.exchange.isb.edu/id/eprint/1195
Publisher URL: https://hbr.org/product/professionalization-of-ujw...
Publisher OA policy: https://hbr.org/product/professionalization-of-ujwal-bharati/910M36-PDF-ENG
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