Historical lesson57
Historical lesson
The war for the Reliance empire
The lesson of invisible dependence on the founder
Reliance had institutions, contracts and prepared leaders, yet after the death of Dhirubhai Ambani there was no lasting answer as to who sets the common direction. The lesson distinguishes operational substitution from the right to decide for the capital as a whole.
The second management echelon solves the first problem; on its own it does not solve the second.
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