Social Capital’s value for a real estate development company
The family owned Parsvnath Developers Limited (PDL), an Indian real estate developer, achieved phenomenal growth in the 15 years from inception to 2010. From the outset the owners had recognised the importance of social capital networks - extended family, social, industry, professional, and informal. Social capital played a positive role in building an effective and dynamic company and contributed significantly to PDL's success. Extended family, social and professional networks helped in raisin...
BPIR Categories
2.2.1 Obtain stakeholder input into strategy formulation
9.7.1 Encourage employee involvement and feedback
2.2.4 Formulate and review business unit strategy