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THE PHARMA REVIEW (SEPTEMBER - OCTOBER 2010)

Why Some Companies do not Take Off Well and Remain Small for a Long Period?

V. Srinivasan

Apathy of The Management
In a majority of cases, the promoters or the majority stake holders are unable to commit valuable time and resources for the business, participate in the important decision making process, and guide the business to success. This will be particularly so, if the promoter has more than one business interest. The inclination will be to devote more time and attention to a business which is contributing to the bottom line, and less attention to a business which is in the infant stage. We need to understand that a growing business which is in infant stage, needs more care and attention, till it grows and attains some level of stability and maturity, and start contributing to the bottom line.

 

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