What's behind Apollo Hospital's shake up? Entrepreneurship, strategy and governance
FirstpostNothing is likely to change for the investors, say analysts Apollo Hospitals Enterprise has reorganised its top management and redefined the roles of the four daughters of chairmanPrathap C Reddy. “This [shake-up> is all about entrepreneurship, strategy and governance,” says professor Kavil Ramachandran, Thomas Schmidheiny Chair Professor of Family Business and Wealth Management and Clinical Professor of Entrepreneurship at the Indian School of Business. “I think the reorganisation has been undertaken because as a family the sisters have been working well harmoniously, the business is expanding and Dr Reddy’s involvement has reduced over the years. By redefining the roles of the daughters, Apollo Hospitals is creating more space for non-family members to take on professional roles,” reiterates Ramachandran.
History of this topic
Apollo Hospitals, varsity partner with University of Leicester to establish centre for digital health
The Hindu
Prathap Reddy and a plan to secure his legacy
Live Mint
Apollo Hospitals’ family seeks investor, asset sales to cut debt
Live Mint
What's behind Apollo Hospital's shake up? Entrepreneurship, strategy and governance
Firstpost
Apollo Hospitals Group goes in for major revamp
The Hindu
Apollo’s Reddy makes succession plan ready
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