Family Business: Professional Employee Core Specs change with Business Competitiveness….( Raju Swamy/ PROMAG/ 1991/ Revised 2013)

Family Business: Professional Employee Core Specs change with Business Competitiveness….( Raju Swamy/ PROMAG/ 1991/ Revised 2013)

1. Traditional: “Landlord”

1.1. Authority (“Ownership”)

1.2. Loyalty + Subservience + Accountability without authority

2. Traditional: Business: Monopoly/ No Competition

2.1. Seniority + Loyalty + Authority

2.2. ‘Subservience’ minimized with emphasis on ‘Loyalty’

3. Traditional: Monopoly/ Some Competition

3.1. Seniority + Loyalty + Competence + Authority

3.2. ‘Competence’ becomes a necessary add-on….

4. Emerging: Monopolistic/ Significant Competition / Pricing + Profit Pressures

4.1. Seniority + Loyalty + Competence + Accountability + Authority

4.2. Accountability becomes indispensable…..even while supporting ‘Seniority’ and ‘Loyalty’….

5. Emerging: Free Market/ Intense Competition / Cost + Pricing + Profit Pressures/ Growth/ Viability/ Scaling Economics / HR Challenges

5.1. Commitment + Competence + Accountability + Authority

5.2. Competence + Accountability + Authority (Desperate ‘no choice’ situation)

5.3. Commitment replaces ‘Seniority + Loyalty’……in current practices towards ‘Professionalization’……

Raju Swamy                                       
Founder
& Advisor to Family Business
PROMAG Consultancy Services

Apt. 206 Brigade Rathna
42 Ranga Rao Road
Shankarapuram
Bangalore – 560004 INDIA
Tel. +91-80-26676298/ Cell: 9845271498
Email:
rajupromag@hotmail.com
www.promagconsult.in
www.familybusinessadvice.wordpress.com   (Blogsite)
Strengthening Family Dynamics for Family Business Growth…….since 1985

 

 

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