Upcoming casesRamachandran, Kavil., Joshi, Shefali. "Dabur India Ltd- The Burman Family", 2015Read Description >Close >The case is based on the 100 year old family business- Dabur India Limited and discusses the evolution of the firm and the steps the family took to professionalize the business by giving up operating control. Set up by Dr Burman in 1894, Dabur is now strategically run by fifth and sixth generation Burmans. Though, the business grew over the years, the case emphasizes the post-professionalization challenges the company faced. The case further elaborates the definitive steps taken by the family to maintain professionalization by setting up various councils and bodies to define the conduct of the business and the family with respect to each other. However, with the sixth generation now involved in the business, it seems like an opportune time to start succession planning. However, the family seems comfortable in their current position and there is no concrete direction and planning for the future.
Upcoming casesRamachandran, Kavil, Bhatnagar, Navneet. "Commotion at Star Products", 2014Read Description >Close >Star Products, a family managed engineering business setup in 1950 is facing serious challenges in 2013 on governance and professionalization fronts. The business had grown over the years but continued operating in traditional manner. Kamal, the eldest next generation member, drove a major change process in 2006. Since then, the company had revamped the supply chain, productivity improvements, restructuring product mix, new product development and market expansion. These changes had positive effects on business, which saw tremendous growth. However, the family members involved in the business failed to redefine their roles as they could not anticipate the challenges of this transition. The unhealthy state of business and family governance has led to differences in the family. One of the next generation sibling, Ajit threatens to walk out with his share of business and the family is looking at options to deal with the situation.
Upcoming casesRamachandran, Kavil, Calabro, Andrea. "The Merck Family"Read Description >Close >
The oldest pharmaceutical and chemical company in the world, Merck was founded in 1668. Still run as a business partnership with the shareholder community of 100 family members, Merck was criticized for complexity in the functioning of its 70 divisions and international growth added cost to the corporation. Due to complex management structures that caused a drain on the company’s financial resources, Merck decided to streamline its governance structures and incorporate itself as an Association limited by shares, floating 25% of its capital in stock exchange.
The case studies the Merck Family, their involvement in business, the various practices they have established for a smooth running. While the company has launched its “Fit for 2018” campaign to streamline processes and improve productivity and profitability, the company faces a number of challenges in execution.
Upcoming casesRamachandran, Kavil; Joshi, Shefali. "Oncquest Laboratories"Read Description >Close >With a very vague idea of his job responsibilities, Aditya Burman joined the in-house initiative of his family business of Dabur Pharmaceuticals, which later became Oncquest Laboratories, in late 2003. Moving from the position of an intern to representing the family in the business, Aditya learned the ropes of the business quickly, though he was not involved operationally in the business for a long duration. Over the span of a decade, the company went from one leadership management to another with Aditya being the interim head between transitions. The company also changed its vision and direction with a new leadership. However, In 2014, with the company relatively settled and working smoothly, Aditya was on crossroads again, pondering on what to do next?
Upcoming casesMehrotra, Sonia.,, Ramachandran, Kavil. "Eastern Condiments Private Limited- The Family Business from South India"