ReportsRamachandran, Kavil. "Professionalisation of Family Business in India ", 2007Read Abstract >Close >Download PDFMost businesses in India and the rest of the world are owned and often managed by business families. Managing a family business offers a number of unique challenges; one of them is the process of professionalizing business operations. The situation gets complicated as non-family executives (NFEs) are introduced at various stages in the life of a business by family executives (FE), who themselves have to grapple with a number of unique issues because of dynamism on the family front.

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