Success eludes businesses in succession
Business Standard looks at some large corporate groups and how they handled their successions
 "Success eludes businesses in succession")
On Thursday, the Munjal family of Hero group took a key step in realigning its businesses, with Sunil Kant Munjal stepping down as the joint MD from flagship Hero MotoCorp. Coming within a year of the demise of founder and group patriarch Brijmohan Lal Munjal, the move is seen as part of a larger succession plan, critical for long-term strategy. Business Standard looks at some large corporate groups and how they handled their successions: