Sunday, November 5, 2000
fesub.gif (4328 bytes)
Full Story
fe.gif (834 bytes)
India's first e-business paper
flnews.gif (5153 bytes)
Search FE
-
Download
BSE Quotes
NSE Quotes
-
Think Tank
This week we focus on a complete analysis of the
industry
-
 

CII conclave to focus on family-run businesses 

Rajeev Jayaswal  
New Delhi, Nov 4: Heads of some of the biggest and most influential family-run industrial houses in the country such as MRF, Godrej, Murugappas, Bhartias, RP Goenka, Shrirams and Dabur are converging on Jaipur for a two-day brainstorming on the strengths and weaknesses of their businesses and the impact of globalisation.

These top industrialists will be accompanied by their families at "Family Inc 2000" conclave being organised by Confederation of Indian Industry (CII) on November 24 and 25, barely a couple of days before the prestigious World Economic Forum summit opens in Delhi.

Traditional family-run business houses have been marginalised over the past few years primarily due to globalisation and emergence of new economy companies.

The two-day meet is likely to attract 200 business families all over the country, a CII official told The Financial Express.

Major issues on which these business families will churn their brains include issues like whether the family should invest, manage or govern, should all family members join the business, synthesis through corporate governance etc.

The list of speakers is equally impressive. Professor Joachim Schwass of the International Institute for Management Development, Switzerland, will speak on the destiny of such corporate houses in the years to come.

The conference will discuss two successful examples to bring home the importance of professional management system in the era of globalisation.

Dr Christoph Von Braun, a member of the Henkel family, will highlight the hard decisions taken by his company to maintain a balance between the familial obligations and organisational needs. Dr Anand Burman, deputy managing director of Dabur India Ltd, will focus on the planning and strengthening at the family level.

Well-known management consultant MB Athreya will dwell upon the globalisation effect on family-managed business.

Other speakers include Hero Cycles managing director Mr Sunil Kant Munjal, Mr Hari S Bhartia, co-chairman and managing director Vam Organic Chemicals, Mr Sanjiv Goenka, vice chairman, RPG Enterprise, Mr Dhruv Prakash, associate, Noble & Hewitt (I) Pvt Ltd, Mr Arun Bharat Ram, vice-chairman and senior managing director, SRF Ltd, Mr MV Subbiah, executive chairman, EID Parry (India), Mr Salil Singhal, chairman & managing director Secure Meters and Prof Indira J Parikh of IIM, Ahmedabad.

Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.

- Lead Stories | Corporate | Infrastructure | Commodities | Economy/Finance | BSE Today | NSE/ Markets | Strategy | Convergence | After Hours top.gif (150 bytes)Top
flame.jpg (1068 bytes) © Copyright 1999: Indian Express Newspaper(Bombay) Ltd. All rights reserved throughout the world.
This entire edition is compiled in Mumbai by The Indian Express Online Media Limited, a division of
The Indian Express Group of Newspapers. Managed by The Indian Express Online Media Limited and hosted by CerfNet.