HomeAccess NewsOpinion NewsView | Respectfully, I disagree with VIP promoter’s ‘rare candour’: Why it must come before succession crisis
Confessing failure after value has already been destroyed is not the same as proactive candour that protects a business from decline. True corporate stewardship demands hunger, humility and the courage to question oneself before the market delivers its verdict, observes Srinath Sridharan, Corporate Advisor & Author of ‘Family and Dhanda.
There is a growing view that Shri Dilip Piramal’s admission of VIP Industries’ decline shows rare candour, and should be welcomed as a model for Indian business. Respectfully, I disagree.
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