Rajiv Agarwal is the Associate Professor of Family Business at SPJIMR (S.P.Jain Institute of Management and Research)
Whether a broad stoke or a narrow focus, family businesses like all businesses will have to get out of their comfort zone, and will have to review their relevance regularly, if they are to survive.
What Does Asian Paints Jalaj Dani’s Resignation Reveals About Family Businesses In India
Acquisition of wealth can be by one’s own efforts, or without much efforts. Inheritance, on the other hand, is usually without much effort on one’s part, and inheritors may also grow up in wealth.