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Vichaivej International Hospital Group: The Challenges Of Beginning The Second Generation

In: START-UP Thailand The Entrepreneurs’ Journey

Author

Listed:
  • Philip C Zerrillo
  • Havovi Joshi
  • Pannapachr Itthiopassagul

Abstract

With first generation companies, their struggles and successes always make for fascinating reading. The transition to a second generation is not necessarily straightforward. And nor is it an easy path. Take growth, for example, the need to do different things differently and still continue to blaze trails. Patcharapan Vanadurongwan, the chief operating officer of Vichaivej International Hospital Group, explains how the small clinic started by her parents thirty years ago expanded successfully to a publicly-listed international hospital group, elaborating on the changes in ownership and succession planning that were needed to secure the futures of her generation and the generations that will follow.

Suggested Citation

  • Philip C Zerrillo & Havovi Joshi & Pannapachr Itthiopassagul, 2020. "Vichaivej International Hospital Group: The Challenges Of Beginning The Second Generation," World Scientific Book Chapters, in: START-UP Thailand The Entrepreneurs’ Journey, chapter 3, pages 23-38, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789811216190_0003
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    More about this item

    Keywords

    Business; Entrepreneurship; Thailand; Start-up; Innovation; Commercialization; Growth. Family Business; Managing Through Turbulence;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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