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Latest Articles in family business
Business Families – The New Royals of Today
Every business family has a legacy that they aspire to enrich with the contribution of every successive generation
Read MoreSecond Careers Abound As IPO & Buyout Activity Takes Root
Setting up a bespoke investment firm or family office is becoming common as the flexibility these bring in outweighs the constraints that come with managing third party capital.
Read MoreStrengthening Relationships- The Master Key Introduction
Members of Family Businesses call it the “Ego to Wisdom Master Key”. The process of moving from Ego to Wisdom is difficult, however those business families which have worked on this key aspect, have emerged stronger. It has made a magical difference in their relationships and has had an exponential impact on their business growth.
Read MoreAmicable Separations In Family Businesses
Having an Exit Policy in place even where there is no talk of exit is crucial. Also, where exit must be done, a common set of accounting, tax and legal advisors and a common facilitator is essential.
Read MoreAre Family-Run And Diversified Businesses Going To Thrive?
Time is up to enter any industry market nonchalantly in India, and foreign competition is increasing.
Read MoreImportance Of Succession Planning For Business Families
Succession planning is an often underrated, yet a crucially important process that has to be followed by family business leaders to ensure business continuity for multiple generations.
Read MoreBreaking Through The Patriarchy: Women Calling The Shots In Family Business
Family businesses are considered as a foundation of the global economy, representing an estimated 70% to 90% of the global GDP and 50% to 80% of jobs in the majority of countries worldwide.
Read MoreTowards Professionalizing Family Business
Need for outside advisor increases to take the business on ‘auto-run’ mode. Formal education and continuous learning of business and family expectations by the upcoming generation becomes pivotal.
Read MoreRajiv Agarwal Becomes First Indian Professor To Design, Develop And Teach Simulation On Family Businesses At HBS
Dr Rajiv Agarwal is the Subject Matter Expert on Family Business, and he had developed the concept, design, and teaching pedagogy.
Read MoreStaying Power: Maintaining Resiliency In Family Businesses
In any setup, succession is difficult because it means letting ago. If all involved parties can come together and establish a continuity in terms of respect for elders, remove the fear of the unknown for the future, establish clear business goals and directions, resiliency will triumph-across generations and time
Read MoreThe Need For Family Businesses To Stay Relevant
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.
Read MoreAsian Paints' Jalaj Dani Resigns After 18 Years
What Does Asian Paints Jalaj Dani’s Resignation Reveals About Family Businesses In India
Read MoreNaming Of Family Business Empires
When family names are desired to become massive commercial successes and legendary icons the following critical points become prerequisite knowledge
Read MoreJapan's Long-Surviving Businesses
Long lived business is result of healthy relationship with the larger community. Japanese believe in personal relationship and emphasise that business is secondary to relationship
Read More