For instance, the job of the group chairman at Tata Sons is not the same as that of the chairman of General Electric. This is because GE is a single legal entity in which all the businesses of the diversified portfolio (aerospace, medical, lighting, etc.) are housed, whereas the Tata Group is a “collection” of legal entities (for instance Tata Steel, Tata Motors and Tata Chemicals) with each having a relatively focused portfolio. Some of the current developments get embedded immediately in various courses. The selection of a successor, his induction and the clarity that a non-family CEO should get will also be talked about with students.These classroom teachings can become sufficient fodder for both professors and students to develop case studies.

Source: Economic Times November 02, 2016 18:34 UTC