How did a Founder Build a Global Family Enterprise Based on Dignity and Trust?

February 15, 2022 00:19:20
How did a Founder Build a Global Family Enterprise Based on Dignity and Trust?
The Family Business Voice
How did a Founder Build a Global Family Enterprise Based on Dignity and Trust?

Feb 15 2022 | 00:19:20

/

Show Notes

On this episode of The Family Business Voice, Nand Kishore Chaudhary, the visionary founder of Jaipur Rugs, discusses how his company transformed the Indian carpet industry with dignity and respect.

See the full interactive article here.

- When NK Chaudhary started his business, rug weavers were a disenfranchised minority. They were taken advantage of by middlemen who used the vagaries of a complex supply chain to their sole benefit. Jaipur Rugs cut out these middlemen, instead forging strong relationships with artisans and empowering them through economic independence and benefitting all of those involved. - Empathy and compassion are critical to NK Chaudhary's entrepreneurial model. Making sure these fundamentals are present at every level of the organisation means that people put their heart and soul into what they do. - NK Chaudhary believes that family businesses all over the world hold the keys to societal change by upholding the same values that underpin Jaipur Rugs' success. Listen and Subscribe on SpotifyApple PodcastsGoogle PodcastsStitcherTuneIn and YouTube.

Other Episodes

Episode 0

February 11, 2020 00:16:58
Episode Cover

Organising the Family Business

Trusted Family is a web-based information management solution that helps family business members communicate with shareholders, directors, and advisors. It also helps them organise...

Listen

Episode 0

September 24, 2019 00:19:15
Episode Cover

What Does it Mean to Live Your Business?

On this episode of the Family Business Voice, Jørgen Jørgensen talks with Ramia about the outdoor industry’s technological drivers, Norrøna’s award-winning retail strategy and...

Listen

Episode 0

August 18, 2021 00:16:51
Episode Cover

How can Next-generation Owners Lead with Purpose?

Listen and Subscribe on Spotify, Apple Podcasts, Google Podcasts, Stictcher, TuneIn and YouTube. On this episode of The Family Business Voice, we spoke to...

Listen