pramodgokhale profile image 60

Professionally manged companies are more result oriented than family run companies? Yes it is.


In India we have L & T ( Larsen and Toubro) a well established engineering giant spread operation across the globe and pride matter.This company has no ownership in general terms. Incorporated long back by Danish Engineer Mr Larsen and within six decades is known as top quality manufacturer , engaged in core sector, infrastructure projects.They built expertise by experience and never compromised on quality and best management practices put them on international scene.Indian and Japanese corporates tried to takeover but failed due to opposition by share holders.

 

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SidKemp profile image96

Sid Kemp (SidKemp) says

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4 years ago
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    pramodgokhale 4 years ago

    Sir, i appreciate your suggestion to study, Tatas Gem of India, but not all family run businesses ,insulated from global competition for long now they are not able to compete MNCs ,high technology companies, capital lost.

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AlexK2009 says

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4 years ago
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    pramodgokhale 4 years ago

    Sir, Western capitalism is century old and economies are matured, India's case is different. Indian capitalism was never creative and enjoyed government incentives,failed and loss of capital