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Is it easy to professionalise the management of a very successful family run business?
When should it be done? Is there at all a need to do so? Where should such a desire
originate? Is a fresh, bright, energetic MBA the man for the occasion? Or is it
a job for the seasoned veteran? This real life case as adapted, presented and analysed
by Dr.
S Raghunath of IIMB, provides some interesting insights. Can you
cook a palatable curry with such diverse ingredients as ambition, foresight, habit,
tradition, genetics, risk, rewards, guts and caution? This is no ordinary linear
programming task. It is more in the realm of fuzzy logic. If you can clearly formulate
the problem, be sure that an optimisation algorithm will be born in the recesses
of your mind, however fuzzy it may be.
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21 Mins
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Nil
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30 Pages
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Equivalent classroom time: 2hrs
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