A successful five-generation family business group in India divides its ownership role from its management role, to meet the needs of a global economy. These include the recruitment of professional non-family firms business unit managers and directors, including non-family firms of the corporate board.

A successful five-generation family business group in India divides its ownership role from its management role, to meet the needs of a global economy. These include the recruitment of professional non-family firms business unit managers and directors, including non-family firms of the corporate board.
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from
John L. Ward,
Carol Adler Zsolnay
Source: Kellogg School of Management
28 pages.
Release Date: 1 January 2004. Prod #: KEL121-PDF-ENG
Murugappa Group: Business heritage and centuries-old tradition HBR case solution