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Topic : Decoding Family Dharam Sankats....
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Life Is Beautiful

 

Who is more important - Family members or Shareholders??

Created by : Jayant Vishnu, Art Director/Sr Art Director, Creative  | 11 27 2010 07:11:38 +0000
Industry : FMCG/Foods/BeverageFunctional Area : Business Processes(Operations)
Keywords : dharam sankats family members decoding family business
Activity:  368 views;  last activity : 03 03 2011 09:19:57 +0000

When you are running a family business you are always in a danger to fall into a 'Dharam Sankat'. There could be situations where you have to choose either your family or the shareholders that depend on your company & also help you in running your business.

So, who is more important family or shareholders?

  
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Family Members Vs Shareholders
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in my opiniom family members are important ..its because they are who which gives a lot of attention to our view points..if we are about to get engaged in business or some other its neccesary to unserstand and take into consideration their view points.
By melit deepthy thomas, MBA/PGDM student, Bharathiar University  11 27 2010 10:07:16 +0000
 
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In my opinion shareholders are the most important of anything else. If you are running a business there should be no emotion. Remember with your business depends the lives of many people & one mistake can cost you & them a life long misery.

So, shareholders are more important than family members.
By Jayant Vishnu, Art Director/Sr Art Director, Creative  11 27 2010 07:11:38 +0000
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FAMILY MEMBERS ONLY VERY VERY IMPORTANT RATHER THAN THE SHAREHOLDERS
By priya , recuriting and counselling, professional training consultancy  | 11 30 2010 09:12:12 +0000
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BALANCING IS A MUST

Balancing in family life and business is most essential. Both FAMILY and SHAREHOLDERS are equally important while doing a business. If you neglect family, your life can become hell. You won't be able to do business with peace of mind. On the other hand, if you neglect shareholders, your business can go awry.

SO, none of these can be neglected.

IT IS JUST LIKE WORK-LIFE BALANCING.

 

Dear Durga Prasad,

If by ignoring your shareholders you give more importance to your family members, your business is likely to suffer due to withdrawal of support by your shareholders. That is why I have stressed on appropriate balancing between the family members and the shareholders by giving equal importance to each.

Dear Shashi Kumar,

As I already said, you can neither ignore your family, nor a shareholder and both are equally important, it is up to the skill and expertise of a businessman, how he is able to keep balance between both.

So, talking about importance of shareholders and keping balance between the family and shareholders is somewhat contradictory. In other words you indirectly agree that both are equally important.

You cannot do a business without hazards if you keep at bay your family and trying to focus only on the needs and wishes of your shareholders.

So far I have not seen any successful businessman in the corporate world, who would have taken care of the shareholders at the cost of his family.

 


By PS Dhingra, CEO & Vigilance & Transformation Management Consultant, Dhingra Group of Management & Educational Consultants  | 11 30 2010 06:12:52 +0000
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family members are more important then share holders
By DURGA PRASAD PASUPALAK, Database Administrator, ARDEE BUSINESS SERVICE PVT LTD.  | 11 29 2010 17:07:56 +0000
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Dear Shashi Kumar,

As I already said, you can neither ignore your family, nor a shareholder and both are equally important, it is up to the skill and expertise of a businessman, how he is able to keep balance between both.

So, talking about importance of shareholders and keping balance between the family and shareholders is somewhat contradictory. In other words you indirectly agree that both are equally important.

You cannot do a business without hazards if you keep at bay your family and trying to focus only on the needs and wishes of your shareholders.

So far I have not seen any successful businessman in the corporate world, who would have taken care of the shareholders at the cost of his family.


By PS Dhingra, CEO & Vigilance & Transformation Management Consultant, Dhingra Group of Management & Educational Consultants  | 11 29 2010 06:24:53 +0000
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No doubt family members are more important and they are having sentimental values to help in needy times.

 
By Paul Sureshkumar, Manager, Selvan Marketing  | 11 27 2010 15:33:06 +0000
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family members are more important, but we shoul balance wid other works too
By Seema , Partner/Principal/VP, Angel Associates  | 11 27 2010 11:16:29 +0000
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Self and Family comes first when anyone thinks about passing on benefits. So undoubtedly family members are more important.
By Nilesh Jain, Project Manager, A Leading Media/Telecom Co.  | 11 27 2010 11:15:00 +0000
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i beleive it should be a balancing act
By anish kumar, O&M Hub Lead (KL & TN Circle), TVS interconnect systems  | 11 27 2010 10:30:52 +0000
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If it is a family run business, it can not be public limited company. When it is not a public limited company, where is the question of share holders. If it is a public limited company, shareholders are the owners. The founder has to share his interest in the company as soon as the company goes for public. In a family run business house, family members are the ultimate decision makers.
By Srinivas suravajhala, Asst. Manager.  | 11 27 2010 08:50:07 +0000
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When running a company importance should always be given to share holders. Even the law upholds the side of shareholders. The logic is shareholders interest is always in growth and wealth maximisation of the company. It also give assurance to outsiders. You can please your family members by other ways but it should not be at the cost of company.
By Nilesh Pawar, Legal & Secretarial, Valencia Professional & Management Services LLP  | 03 03 2011 09:19:57 +0000
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Shareholders are important because they have placed faith in you and they are the ones that can make or break the business. But in a professionally managed organisation one has to strike a balance between both.
By Shashi Kumar U, Manager accounts & commercial, Mazda Concrete Products Pvt Ltd  | 11 29 2010 05:14:54 +0000
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shareholders are very impotent to run a business. and family support also. only not you one family depends on you, shareholders family's also depends on your business process.
By Chandrashekar Reddy.G, web developer and seo/sem, Truss Techno Softs  | 11 27 2010 18:33:21 +0000
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Shareholders are important in business and next only the family.

Thanks for the referral Mr.Jayant Vishnu.

 
By NATTERAJA R. ARIKRISHNAN, GM-Projects, Bentec Electricals & Electronics Pvt. Ltd  | 11 27 2010 18:23:39 +0000
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OFF COURSE SHARE HOLDERS ARE MORE IMPORTANT BECAUSE YOU RUNNING THE BUSINESS ON THEIR BASE IF THEY ARE NOT WITH YOU YOU CANNOT STAND.SO ITS NOT POSSIBLE TO IGNORE THEM.
By rakeshbhatnagar , GM Projects., wig brothers india pvt.ltd.  | 11 27 2010 17:04:44 +0000
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Accordind to Business point of view Shareholder are more important bez of them your become able to run your business and give all the pleasure to your family members. In business no one is your own relative. All of them expect profit from you..
By Nitin Garg, Executive Assistant, Modular kitchen Aide Pvt. ltd  | 11 27 2010 16:11:05 +0000
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One should do everything for the shareholders with the support of the family because they are the one's who gave their support for your professional growth without which development of family is also not possible.
By Priyanka Agarwal, Cerificate student, Indian Institute Of Management (IIM), Indore  | 11 27 2010 14:07:04 +0000
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I want to go with shareholders, because of whom you are in a position to run the business. Y can convince the family members by all means, later, but if shareholders lost faith in you then it will be the end of the show.
By SHRIKANT MANOHAR DANKE, Project Manager, Phadnis Infrastructur Ltd  | 11 27 2010 12:50:13 +0000
Argue for "Family Members"
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