<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=717202372148975&amp;ev=PageView&amp;noscript=1">

SP Jain in the News

How to grow a family business – SP Jain’s Dr Parimal Merchant writes in Hindustan Times

 
 

What is the key to growing a family business? With the advent of globalisation and technology, what are the new models providing far more promising opportunities? Dr Parimal Merchant (Director – Global Family Managed Business, SP Jain School of Global Management) shares his insights in Hindustan Times, one of India’s leading publications.

DASCA

 

The article, published on January 8, 2020, highlights the three distinct stages in the evolution of any business – ‘Doing’, ‘Managing’ and ‘Growth’. Explaining the process, Dr Parimal Merchant writes, “One starts a business with oneself doing all the tasks, right from getting orders to execution and recovering money. This is also ‘survival’ stage. As the business grows one tends to employ help to do some of the tasks. At that stage, the owner’s role is to ensure that people know what they are supposed to do and then they do what they are supposed to do. That is the stage of management. It is also ‘profit’ stage. Many of the family businesses get stuck at this stage. However, the next stage is the stage of growth. It is important that every family business learns how to get into this stage and navigate through, as at this stage the rules of the game change substantially.”

 

 

LATEST NEWS

Business and employability skills taught in BBA– Dr Vaidyanathan Jayaraman writes in K12 Digest
What should you look for in an EMBA program? – Monica Gallant writes in Shiksha
How internships in global management courses help students
Career options for DBA graduates - Dr Koilakuntla Maddulety writes in Hindustan Times
Craft your learning journey – Dr CJ Meadows writes in the Hindu
Smart education for smart cities – Dr Nicholas Hamelin writes about neuroscience in Easy Shiksha
Neuroscience education will make you a better business decision maker - Nicholas Hamelin writes in Higher Education Digest
How IT mindfulness can facilitate productivity in student learning – Dr Shalini Chandra writes in Financial Express
Current skill-sets required at the managerial level – Dr Gary Stockport writes in Higher Education Digest
Can non-Stem students transition into Data Science? – Dr Abhijit Dasgupta writes in Business World Education
Why going to a physical college is still a good idea – Dr Jireh Hooi Inn Seow writes in The Hindu