A well researched, lucidly written book on the second generation entrepreneurial leaders- Ajai Bijli, Abhishek Khaitan, Mithun Chittilappilly, T.S. Kalyanaraman, Rituraj Sinha, Vikas Oberoi and Priya Paul. The book tells stories as to how each of them built his/her respective business empire in a highly competitive and challenging environment. Excellent book for all interested and particularly for management teachers and students as well as those holding shares in PVR, Radico Khaitan, V Guard, Kalyan Jewellers, SIS Ltd., Oberoi Reality and The Park Hotel. A well written introduction nicely contextualizes its theme and each chapter ends with a succinct 'my learning' section for the readers to reflect upon.
Nicely articulated, interesting stories; Stories of path-breakers who does not like status-quo; Lot of take away for anyone who interested in how to scale existing businesses. It is like reading Harvard Business case studies; Really like "My Learning" at end of each story. It gives you sneak preview of what is going on inside Indian business houses , challenges they encountered, mistakes they made, and how it helped reshaping their future path and so on. This book will be highly useful for people who are in family business and don't know how to take it to next level.
One to the nice book to read and understand Indian companies and how they changed the fortune of their company. Some stories are really inspirational like PVR. How some decisions can change the fortune of the companies.
It's an absolutely fabulous read. Prince's writing is fluid and completely effortless. His research is impeccable. Especially the profiles of Vikas Oberoi and Abhishek Khaitan were thought provoking. Downside is the last profile, a littler more colour was required there. Overall I got to learn a lot ands these stories would stay with me forever.
Chapters 1 and 2 are geeat, perfect examples of a turnaround by second generation. Chapter relating to voltas was most boring and I hate those people for promoting to killbstray dogs. Inclusion of this chaptervis the reason to give 1 star less. Last 2 chapters again perfect. Very good and quick read
Prince Mathews Thomas through his book 'The Consolidators' has rightly pointed out that second generation entrepreneurs are no less than today's ecommerce-spawned new wave entrepreneurs. In the chapter on Rituraj Sinha and Priya Paul, the writer has depicted that second generation entrepreneurs face issues of handling their seniors of father's age. How these entrepreneurs especially Sinha has overcome these challenges and successfully aligned new age ideas with the decades old policies is noteworthy.