I appreciate the hardwork and application of principles that have taken Eastern to where it is now. But inducting one's own son and augther is something I am not inclined about. Even though family business has done well in industries like Machine Tools, it remains to be seen how a young 25 year old starts barking out orders to a 55 year old experienced man. Thi9s is despite the fact that almost all Japanese machine tool companies are family owned and run.
Anyway I appreciate Mr Meeran's guts to run a factory in Kerala. For that, he should get some award.
RE:A good story...
by ItsMe on Apr 17, 2007 06:23 PM Permalink
mind your own business. if your father was a businessman, you would surely have accepted a Director's post.
RE:A good story...
by bulusu bajrang on Apr 18, 2007 12:35 AM Permalink
The question is not whether one has the normal share of human wickedness or what one would have done if put in a particular situation. The question is whether there is a better way or not. I too strongly feel that children of rich businessmen should be given opportunities for development but should not be spoonfed.
As Warren Buffet once said, "I want to give my kids enough so that they could feel that they could do anything, but not so much that they could do nothing".
This does not take away from the fact that Meeran developed a great brand from nothing.
RE:A good story...
by Shyam Shivadas on Apr 17, 2007 06:14 PM Permalink
The son is most probably an investment for the future, when he will not be physically able to attend the office.
That he is foresighted is also shown by the fact that future factories are all being located outside Kerala.
I concur with Suresh in that he has shown the guts to run a factory in Kerala. He defnitely should be rewarded for his bravery.
I couldn't understand by your statement " he has shown the guts to run a factory in Kerala.He definately should be rewarded for his bravery."Kindly clarify.
What tat line really means is the fact tat its excruciatingly difficult to run a factory in a pro-communist state of Kerala (pls do not compare with Buddadebs governance!!)..Labor problems..hartals and strikes are quite common...but atleast the conditions are improving...Am from the state of Kerala..so u all can mark my words on this...Hats Off to Meeran Ikka...
RE:A good story...
by Anusha R on Apr 17, 2007 06:41 PM Permalink
because, the moment a foundation stone is laid for a factory, the union would start demanding Bonus...that is the type of workers and union you would get in that Nariyalpaaniwala's state
