Surviving a ‘lala company’ is hard but not impossible
2 years ago

Surviving a ‘lala company’ is hard but not impossible

Live Mint  

Majority share ownership qualifies a company to be called a “family business". But to earn the distinctive title of a “Lala Company", the family member in charge of the business must act like a king. Besides this, Muneem has convinced Lalaji that had it not been for his closely guarding each rupee of the company, greedy and opportunistic professionals would have looted the company’s exchequer. 'Bid to sully India’s tag as pharmacy of the world' 'EVs won’t need sops once market share surges' 2023 brings hope for FMCG companies Are professionals always the victims? Rajiv Gupta is the author of ‘The Good Indian Employee’s Guide to Surviving a Lala Company’.

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