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
The Consolidators by Prince Mathews Thomas touches upon the aspects of leadership and management by second generation entrepreneur. The case of Rituraj Sinha illustrates how a young entrepreneur can incorporate new thoughts and practices while maintaining harmony with a generation old key appointees of his father. Getting the work done is important and getting it done with everyones' buy is most important. This belief has helped Rituraj steer his company to a successful IPO.
Fascinating narration of a key role played by the 2nd generation entrepreneurs in India. The writing style is easy captivating and the key learnings are very well put. From a person who likes non fiction books with a narrative, I would rate this highly. It gives a very different perspective of driving inherited business and helps in understanding the market outlook from an entrepreneur's POV
The Consolidators written by Prince Mathews Thomas is a book that every business man, entrepreneur and all MBA students must read. In a very simple yet gripping manner it narrates stories of those who inherited family business. The stories talk about their personal challenges and how they started small to make their businesses big. They are in a way the unsung heroes. The book covers successful business men like Ajay Bijli of PVR Cinemas who made multinational cinemas a go to urban trend in India, of Rituraj Sinha who saw the opportunity in securities business post 9/11 and returned to India leaving his job in Banking sector abroad and Priya Paul who despite her personal hardships became a known name in the hospitality industry. The book also tells us that these businessmen and women have worked hard to turn their silver spoons into gold and are quite humble. Rituraj Sinha talks about being nice to employees and working as a team, in his learnings, reiterating how humble he is.