Ensuring Family and Business Continuity at India’s GMR Group
By Kavil Ramachandran, John Ward, Sachin Waiker, Rachna Jha
ISB insight | March 2014
Citation
Ramachandran, Kavil., Ward, John., Waiker, Sachin., Jha, Rachna. Ensuring Family and Business Continuity at India’s GMR Group ISB insight .
Copyright
ISB insight, 2014
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Abstract
In an engaging tale about the Indian family business behemoth, the GMR Group, Professor Kavil Ramachandran, Professor John L Ward, Rachna Jha and Sachin Waikar, look at the multifarious issues that underpin family
businesses. The GMR Group had reached great heights of success, but disagreements and confl icts among family members threatened to hamper its progress. To counter this, GM Rao, group founder and Chairman, spearheaded the creation of governance structures and a family constitution that would serve the purpose of an organisational blueprint for current and future generations