About Family Businesses – Part 5 – Asrar Qureshi’s Blog Post #711
About Family Businesses – Part 5 – Asrar Qureshi’s Blog Post #711 Dear Colleagues! This is Asrar Qureshi’s Blog Post #711 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: Andrea Piacquadio Photo Credit: Fox This series of articles partakes from some material published in INSEAD Knowledge. INSEAD is in France and is highly ranked among the most prestigious business schools of the world. We continue to look at some negative factors which became barrier in the development of the Pharma companies. Over-Centralization Centralization is common in most organizations; over-centralization is also not uncommon. It is when the owner insists on doing/approving everything, even a ten rupees expense. There is zero delegation and ze...