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Harvard Business School

FB Roundup: François Pinault, Robert Kraft, Ashwin Damera

April 20, 2022

In this week’s FB Roundup, François Pinault looks to acquire music streaming platform Deezer; Robert Kraft’s family donates $24 million to Harvard Business School; and Ashwin Damera invests in an Indian venture lending firm.

François Pinault looks to acquire music streaming platform Deezer
French businessman François Pinault [pictured left] is aiming to buy music streaming platform Deezer in a deal estimated at $1.6 billion.

The founder of the luxury group Kering and investment company Artémis, along with other founders of the special purpose acquisition company (SPAC) I2PO, plans to take the company public if the deal goes ahead.

Breakout session with Abhinav Ram Reddy

February 28, 2022

The next-gen managing director of office park developer GAR Corporation talks to Campden FB about adapting and evolving while sticking to what you know.

Abhinav Ram Reddy, the managing director of Hyderabad-based office park developer GAR Corporation, knows all too well the havoc the unexpected can wreak. Having weathered the COVID-19 pandemic, Reddy is now looking forward to shepherding his family-run business into a bright future.

Next gen Abhinav Ram Reddy on developing the GAR Corporation family business

November 23, 2020

The next generation principal of the office park developer GAR Corporation expects India will recover economically in 2021, but is unconvinced remote working will become a permanent fixture.

The next generation principal of the office park developer GAR Corporation expects India will recover economically in 2021, but is unconvinced remote working will become a permanent fixture.

Market Basket family feud prompts staff and customer loyalty to ousted CEO

July 30, 2014

The ousted chief executive of US supermarket chain Market Basket has gained a level of support from employees that is uncommon outside of family businesses, according to a Harvard Business School academic.

Staff and customers have been boycotting the multi-billion dollar company since Arthur S Demoulas, who owns 51% of the company, removed his cousin Arthur T Demoulas from office last month, arguing that a popular profit-sharing scheme was cutting into shareholder profits.

The Y factor: Millennials take on the family business

July 26, 2012

The digital natives of Generation Y are starting to work in their families’ businesses. And with their work ethic and understanding of social media, they’re already starting to shake things up.

They were the children born into the final decades of the 20th century. Sometimes branded Generation “me” or Generation “I”, but mostly known as Generation “Y”, they’re supposedly tech-savvy and globally focused, but also arrogant, with short attention spans, and expect to be able to have it “all” when it comes to family and work-life balance.

Harvard names new building after Indian family business head

December 7, 2011

He heads one of India’s largest conglomerates and is credited with transforming the family business from a $6 billion company to a $100 billion firm. But now Ratan Tata, head of Tata Group, has one more feather to add to his cap. He will have a new building at Harvard Business School named after him.

Tata Hall, a seven storey, arc-shaped glass and brick building, will be used exclusively by students of the school’s executive education programmes, said a statement.

The MBA dilemma

March 16, 2011

Most of the big business schools now offer courses around the family business model. But are MBAs useful to businesses where the founding family member is unlikely to have one? Jeremy Hazlehurst investigates