10-07-2007, 04:25 PM
Dear Shoaib,
Considering some firm established / upgraded by some one's own hands as his empire does not mean to do some un-ethical / non-professional things.
You must appreciate that world wide the concept of merger / uniting of interests, has elapsed and lost its attraction /validity. Now every merger is to be considered as Acquisition where one acquirer could be identified based upon certain identification criterion.
If some one feels his practice as his empire and do not intake partners and professionals, in this era, he cannot even think to get or maintain good business clientele. But if some one thinks that he should have been given a leading role as every thing has been actually developed by him and others having all the rights to vote in favor or against any proposal should in generality follow his advises, being senior and pioneer, in my view it is not wrong.
Further, keep in mind when you see big business/professional practices, you must be given to understand that these are not being run without rules, procedures and systems. Big (or moderately big) concerns remain big only if they have systems and procedures. And yes, no one should be above the board when we talk about rules and procedures. Not even pioneers. I give you assurance.
Where this does not happen, (as you mentioned about some recently broken firm), the businesses face the disastres.
There is no room for one man show.
When I used the word "EMPIRE" it was meant for a situation where the new comers having no sacrifices and time inputs make their minds to share every thing without contributing anything. People in so many such cases forget the concept of goodwill. They dont wnat to put in but wish to take out. This should not be considered justified.
I am certainly not talking about any firm spcifically.
Regards,
Kamran.
Considering some firm established / upgraded by some one's own hands as his empire does not mean to do some un-ethical / non-professional things.
You must appreciate that world wide the concept of merger / uniting of interests, has elapsed and lost its attraction /validity. Now every merger is to be considered as Acquisition where one acquirer could be identified based upon certain identification criterion.
If some one feels his practice as his empire and do not intake partners and professionals, in this era, he cannot even think to get or maintain good business clientele. But if some one thinks that he should have been given a leading role as every thing has been actually developed by him and others having all the rights to vote in favor or against any proposal should in generality follow his advises, being senior and pioneer, in my view it is not wrong.
Further, keep in mind when you see big business/professional practices, you must be given to understand that these are not being run without rules, procedures and systems. Big (or moderately big) concerns remain big only if they have systems and procedures. And yes, no one should be above the board when we talk about rules and procedures. Not even pioneers. I give you assurance.
Where this does not happen, (as you mentioned about some recently broken firm), the businesses face the disastres.
There is no room for one man show.
When I used the word "EMPIRE" it was meant for a situation where the new comers having no sacrifices and time inputs make their minds to share every thing without contributing anything. People in so many such cases forget the concept of goodwill. They dont wnat to put in but wish to take out. This should not be considered justified.
I am certainly not talking about any firm spcifically.
Regards,
Kamran.
