Bannari Amman Group (BAG) was one of the largest industrial groups in South India with manufacturing, trading, distribution and financing company in the group. This group had the heritage of conducting business ventures in the past 40 years. Starting as a group of related and unrelated companies in a purely family unit, now the group had three listed companies and over 15 family businesses in its fold. According to the tradition that the eldest in the family head … Read more »

Bannari Amman Group (BAG) was one of the largest industrial groups in South India with manufacturing, trading, distribution and financing company in the group. This group had the heritage of conducting business ventures in the past 40 years. Starting as a group of related and unrelated companies in a purely family unit, now the group had three listed companies and over 15 family businesses in its fold. According to the tradition that the eldest in the family led the group, the group led under the leadership of Chairman. The chairman of the BAG had a day long meeting with the heads of the unit BAG 6 January 2011 to consider whether the directors were able to deal with their own units, what the appropriate method of hand that the device would act leads to optimize the performance of their units for the new generation of entrepreneurs and how. Was He observed that the group originated the units as independent units, but the shops were complement each other to some degree. This is especially true for logistics. For this reason, the Group enjoyed an inherent advantage. When he looked at the challenges that the units would come under new leadership in the coming years, he was also aware of the need to develop a vision for the entire spectrum of large and small units, flagship company and the smaller stragglers. The chairman looked for processes to keep the group synergies in place and identify the companies that could be expanded over time.
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from
Bala Krishnamoorthy,
Abhinay K.,
Ramesh Kumar
Source: Ivey Publishing
20 pages.
Release Date: 17 October 2011. Prod #: W11466-PDF-ENG
Growth of Bannari Amman Group – A family HBR case solution

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