Rene Industries: A Leading Family Business in the Pharmaceutical Sector in Uganda

Khushboo Vadodaria, Operations Director at Rene Industries Limited, a leading manufacturer of pharmaceuticals in Uganda, explains what makes a family business different from other companies.

“A family business is definitely one of the more complex structures in business. Together with business acumen, strategy, and all of the business related activities, there is an element of emotion involved. Since I joined the family business, there has been a continuous learning curve and it has been a very positive experience. My father has a lot of experience and every day we learn so much from him. The knowledge that he has gained through years of experience, I still have quite a long way to go with stepping into his shoes. But because the stakes are in our favor and we own the company, it drives us to work harder. I work harder every day to save the company money or to be more streamlined with the logistics because any delay in production delays time to market, delays business, etc. Because it is personal, I work harder that way. It is my motivation, my drive to work harder every day. Also, because it is a family business and we are just three directors (my mother, my father, and myself) we make decisions very quickly. That drives the company to improve the processes and there is no hindrance from the outside”, says Khushboo Vadodaria.

“Since I joined, we have introduced more products to our product line range, we have had many various expansions to the factory, and there are more ideas and more innovation that comes with the younger generation. Although, with the older generation, you might feel like you need to show them and make your mark with them. Once you have overcome that hurdle, the way they welcome the ideas is phenomenal and that has been an inspiration to work for the older generation because you learn so much. Then, you can use those ideas and better them and come up with new ideas. Definitely, there has been new ideas, new innovation, new methods of working, and modernization”, she adds.

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