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Mysore Saree Udyog : establishing a culture of professionalism in a family business / Manoj Kumar.
- Format:
- Book
- Author/Creator:
- Kumar, Manoj, author.
- Series:
- SAGE Business cases.
- SAGE Business cases
- Language:
- English
- Subjects (All):
- Family-owned business enterprises--Case studies.
- Family-owned business enterprises.
- Physical Description:
- 1 online resource : illustrations.
- Place of Publication:
- London : Indian Institute of Management, Ahmedabad, 2024.
- Summary:
- Mysore Saree Udyog is an iconic retail store in Bangalore for sarees, fabric and other Indian traditional wear. Its success rests on the family's merchandising skills and the delivery of a personalised in-store experience, both of which are difficult to replicate. The next generation has a different vision and does not want to be involved in day-to-day operations. The founders have concluded that the best way forward is to professionalise and expand geographically, but they are worried about the associated risks. The case offers insights into a structured approach for family businesses to build a professional culture and maximise Enterprise value while minimising risks.
- Notes:
- Description based on XML content.
- ISBN:
- 1-0719-4501-7
- 9781071945018
- OCLC:
- 1417357792
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