Ensuring Family and Business Continuity at India’s GMR Group
商品編號：9B11M075
出版日期：2011/11/18
再版日期：2012/06/21
商品來源：
商品主題：Entrepreneurship; General Management/Strategy; International Business; Organizational Behaviour/Leadership
商品類型：Case (Field)
涵蓋議題：Family Governance;Family Business;Family Constitution;Entrepreneurship;India;Ivey/ISB
難易度：5 - MBA/Postgraduate
內容長度：16 頁
地域：India
產業：Other Services
事件年度：2010
Most family businesses do not survive beyond two or three generations. One of the main reasons for this short lifespan is the lack of governance mechanisms in family businesses. With better family governance, business development becomes a richer experience and continuity is ensured across generations. This case is about an Indian family business, GMR Group, which was established a quarter-century ago, and by 2010 had become one of the major diversified infrastructure organizations in the country, with large-scale interests in infrastructure (energy, roads, and airports) and manufacturing (agri-business, mainly sugar). Since its founding, the Group had come a long way, from an independent proprietary enterprise to a family-owned holding corporation with several companies under its control, along with external stakeholders. The growth of the group had been led by the entrepreneurial zeal and organizational capabilities of its founder, G.M. Rao. Having seen many family businesses breaking up for lack of adequate governance mechanisms, Rao led the way for the writing of his family business's constitution with the help of several experts in 2007. The writing process of the constitution and the policies and processes developed were optimal for maximizing GMR's performance and the family's prosperity in current and future generations. This case captures the essential processes and outcomes of writing a family business constitution.
教學手冊：Ensuring Family and Business Continuity at India's GMR Group - Teaching Note
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