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Showing posts from April, 2019

Do business owners really love their organisations?

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What does one do if one loves something or someone? One would demonstrate emotions and ensure well being of their object of love. Right? We don't expect one to act in a way that endangers the well being or existence of the loved entity or loved being. So, should the business owners behave any differently towards the organisations they create and supposedly love? Of course not. And their emotions do not betray our hypothesis! However, the policies and practices they propagate do not support the same story.   We would like to believe that the owners would work towards the well being of  their business organisations. If this is true they should work for ensuring perpetuity of their businesses. But how many businesses perpetuate through generations or centuries? Only a handful. Statistics prove that only a mere 1/3rd of businesses survive every generation. This means we will have a small percentage of businesses surviving till the third generation of owners or managers! Isn