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Well, when the business started expanding overseas, the Burmans were smart enough to identify the need of a strategic management governed by expert CEOs. In 1998, the Burman family handed over the management of day-to-day operations to professionals and reduced the number of family members in the board from 10 to 4. The restructuring of the Dabur group is truly unique, since the core business is now being run by non-family professionals; while the Burmans have given up executive positions in the core company to take charge of the new growth businesses. Amit Burman, who has taken charge of Dabur Foods, explains the logic thus, “New, high growth businesses require entrepreneurial zeal and are better suited to the members of the family.” These timely steps have enabled Dabur to post an exorbitant turnover of more than Rs.16 billion for the year 2006.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
Dean of IIPM :- Professor Arindam Chaudhuri (Renowned Management Guru and Economist)
For More IIPM Article, Visit Below....
IIPM : WHAT’S SECURITISATION?
IIPM Alliances
IIPM Academics : Global Outreach Program
IIPM Admission > Application Details
IIPM Students Life > Campus Placement
IIPM Students Life > Campus Resources
ABOUT IIPM
IIPM Students Life > Campus Placement
Story About IIPM-The Indian Institute of Planning and Management
IIPM Academics : CurriculumDialectical dilemma for Communists
Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.
Well, when the business started expanding overseas, the Burmans were smart enough to identify the need of a strategic management governed by expert CEOs. In 1998, the Burman family handed over the management of day-to-day operations to professionals and reduced the number of family members in the board from 10 to 4. The restructuring of the Dabur group is truly unique, since the core business is now being run by non-family professionals; while the Burmans have given up executive positions in the core company to take charge of the new growth businesses. Amit Burman, who has taken charge of Dabur Foods, explains the logic thus, “New, high growth businesses require entrepreneurial zeal and are better suited to the members of the family.” These timely steps have enabled Dabur to post an exorbitant turnover of more than Rs.16 billion for the year 2006.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
Dean of IIPM :- Professor Arindam Chaudhuri (Renowned Management Guru and Economist)
For More IIPM Article, Visit Below....
IIPM : WHAT’S SECURITISATION?
IIPM Alliances
IIPM Academics : Global Outreach Program
IIPM Admission > Application Details
IIPM Students Life > Campus Placement
IIPM Students Life > Campus Resources
ABOUT IIPM
IIPM Students Life > Campus Placement
Story About IIPM-The Indian Institute of Planning and Management
IIPM Academics : CurriculumDialectical dilemma for Communists
Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.
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