Category: Uncategorized

When an amicable split in 4th generation is the best way forward

When an amicable split in 4th generation is the best way forward When family businesses reach the 3rd and 4th generations the complexity of managing the diverse businesses and assets while keeping the flock together and meeting their expectations and aspirations becomes too much. Relationships, family traditions, and emotions invariably cloud business decisions. Half the […]

What does a Family Business Advisor do? How exactly does he help founders?

I am often asked this question. And here is my response. In my 12 years of Family Business Consulting experience, there are 3 reasons founders typically approach me: Case 1: We 3 brothers started a family business and now over the last 25 years, it has expanded and grown to employ 600 people across 4 […]

What is common to these successful Indian Family Businesses?

What is common to these successful Indian Family Businesses? These are the biggest, most successful multi-generational family businesses in the country.   Ambani, Hinduja,  Godrej, Kirloskar, Muruggapa, Munjal, Wadia, Bajaj, Baba Kalyani, Finolex, Apolo Tyres, Cyril Shroff & Shardul Shroff, Singh brothers of Ranbaxy,  Singhania.   But what is also common to all of these?  […]

Building Unity into the DNA of a Family Business

Building Unity into the DNA of a Family Business More than 1 in 3 people in India have hypertension. Diabetes and pre-diabetes together affect 1 in 4 people. In absolute terms these numbers are staggering. The business community is particularly vulnerable because the pressure and stress of running a business leaves no time for health […]

The Importance of Family Retreats

The Importance of Family Retreats High above the shimmering waters of Lake Lucerne in the Swiss Alps, at the Presidential Suite of the Burgenstock Resort,  one of the world’s wealthiest families convened in early September 2020. Mukesh Ambani, India’s richest and most powerful private citizen, retreated with his wife, three grown children, and their partners […]

Fault Lines in a Family Business

Fault Lines in a Family Business Just like geological fault lines that trigger earthquakes, every single family business has “fault lines” with historical roots of past events. In the geological fault lines, the stress builds up due to the pressure of the tectonic plates and one day it erupts causing large-scale destruction. The role of […]

What should a founder do when a family member’s performance at work is poor?

What should a founder do when a family member’s performance at work is poor? Founders of family businesses often agonize about how to handle a family member who is visibly underperforming on his job. Such underperforming family members in senior roles impact not only the business but also the morale of employees because they see […]

Workshop: Managing a Multi-Gen Family Business

4 Ways of Managing someone who takes offense easily and gets into frequent conflicts. 

Family Business Notes   4 Ways of Managing someone who takes offense easily and gets into frequent conflicts. Managing a family member who takes offense easily and gets into frequent conflicts can be difficult in any business, but it can be especially difficult in a family business where personal and emotional dynamics are often at […]