Etini
Valued Contributor
Whenever we mention nepotism in business and organisational management, the whole world would cry foul. Nepotism is a situation where friends and family members are favoured in recruitment and promotion in a business enterprise or organisation.
As negative and unfair as nepotism could be, is it entirely negative? Is it possible that nepotism could be a viable business strategy? Let's look at situations that nepotism can be a business strategy.
1) Family members are better for family businesses - You can't fault the practice of recruiting majorly family members or giving them top managerial positions in a family business. They have the DNA of the business because they have been close to the business probably from childhood. No one would do it better than them.
2) When a position requires absolute loyalty: If a position is very sensitive and requires absolute loyalty for the business or organisation to thrive, it is best you give it to a family member. They are less likely to betray, even though they might do, but not as frequent and severe like a complete outsider would do.
As negative and unfair as nepotism could be, is it entirely negative? Is it possible that nepotism could be a viable business strategy? Let's look at situations that nepotism can be a business strategy.
1) Family members are better for family businesses - You can't fault the practice of recruiting majorly family members or giving them top managerial positions in a family business. They have the DNA of the business because they have been close to the business probably from childhood. No one would do it better than them.
2) When a position requires absolute loyalty: If a position is very sensitive and requires absolute loyalty for the business or organisation to thrive, it is best you give it to a family member. They are less likely to betray, even though they might do, but not as frequent and severe like a complete outsider would do.
