Wednesday, 7 March 2012

Reddy for more challenges ; The GVK Group employs many professionals, but G.V.K. Reddy always has the last word.

The name Gunapat I Venkata Krishna Reddy may not evoke instantrecognition, but the acronym GVK certainly does. Ever since thisgroup, which takes its name from that of its founder, bagged theproject to modernise Mumbai airport in 2006, it has been marked asone of the stars among the infrastructure companies of the country.

It is also an example of a new kind of family business where,though key family members do hold key posts, they also haveprofessionals working alongside at top levels who play equally vitalroles. "The professionals are involved in day to day operations,the family members intervene only in strategy and growth issues, andall major decisions are …

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