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murugappa group

October 31, 2013

Asian family businesses are not only making a difference to the sectors they operate in, but are also influencing the evolution of the family business model in Asia. CampdenFB takes a look at some of the fastest growing and most exciting.

Asian family businesses are not only making a difference to the sectors they operate in, but are also influencing the evolution of the family business model in Asia. CampdenFB takes a look at some of the fastest growing and most exciting.

 

 

Bakrie & Brothers
• FAMILY: Bakrie
• SECTOR: Commodities, telecommunications and property
• COUNTRY: Indonesia

October 15, 2013

A 130-year-old US chemicals and industries company has taken the top honour at an international awards ceremony held in Rio de Janeiro, Brazil.

A 130-year-old US chemicals and industries company has taken the top honour at an international awards ceremony held in Rio de Janeiro, Brazil.

J M Huber Corporation (Huber) was presented with the IMD-Lombard Odier Global Family Business Award, at the culmination of the FBN-I annual summit, held this week.

According to the award judges, the firm was recognised for family inclusiveness, business governance, communications excellence, and successful management of the transition from family to non-family leadership.

February 1, 2002

2001 IMD award winners, the Murugappa Group, have drawn upon their business acumen, heritage and faith in the family system to help them successfully adapt to change

The Murugappa Group, headquartered in Chennai (Madras), India has grown from humble beginnings to become a very important conglomerate. The company started as the dream of a driven entrepreneur in Burma in the early 1900s. Today it boasts revenues of US$850 million and employs 22, 500 people in its 27 business units. The company is presently undergoing a major change, as it restructures its family governance system. It realises that change is necessary if they want to continue to compete in the world marketplace.

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