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Family Run Businesses…to…Family Owned Professionally Managed Institutions
Family Run Businesses…to…Family Owned Professionally Managed Institutions “Family-run business” to “Family owned, Professionally managed institution” is the transition point where most founders fail. It isn’t for a lack of ambition. Professionalization is not a strategy exercise; it is a founder mindset transformation. And then came the real challenge: Scaling beyond the founder. That is where most […]
Read moreCCTV Culture in Family Businesses
CCTV Culture in Family Businesses In my work as a Family Business Advisor, I frequently encounter what I call the “CCTV Culture”—an environment where every cabin and open-plan desk is monitored in real-time by the MD and family members. This is not management. This is surveillance.And it is counterproductive. Building a high-performing culture is the […]
Read more“If I don’t buy that Jaguar now… when will I?”
“If I don’t buy that Jaguar now… when will I?” “If I don’t buy that Jaguar now… when will I?” That was Amit (name changed), 35, the elder son of a Mumbai-based auto component manufacturer.He handled marketing and exports. Ambitious. Global exposure. And very clear about what success should look like. “What’s the point of […]
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The Battle Inside Every Growing Family Business
The Battle Inside Every Growing Family Business In the early days, the founder was a one-person army. Cash is tight. Survival is the only KPI that matters. The team? Loyal implementers. Hard-working. Committed. Generalists who do what needs to be done. They weren’t hired for domain depth — they were foot soldiers hired for grit […]
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A tragic real life story with lessons for all founders
A tragic real life story with lessons for all founders I recently reflected on a tragic story from the Covid era that serves as a stark warning for every self-made founder. Anil Agarwal ( name changed ) was a founder who was the definition of “self-made.” He worked day and night, building his empire – […]
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The Secret to a 136-Year Legacy: The Shriram Group
The Secret to a 136-Year Legacy: The Shriram Group In the high-stakes world of family business, we often focus on growth and balance sheets. But what truly sustains a legacy across a century? I recently revisited a compelling interview on NDTV Profit featuring Ajay Shriram, Chairman and Senior MD of DCM Shriram. The group, which traces its roots back […]
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Walking on eggshells: A familiar pattern in Family Businesses
Walking on eggshells: A familiar pattern in Family Businesses Most multi-generational family businesses have one family member who takes offense easily—even on trivial issues. And at Family Council meetings, everyone tiptoes on eggshells in an effort to avoid a blowup and preserve harmony. 3 cousins of the Malhotra Family ( name changed to protect privacy […]
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Panel Discussion on TV9 – Family Business
Panel Discussion on TV9 – Family Business TV9 Network hosted a high-impact panel discussion on Family Businesses, in partnership with SAP and Deloitte. The conversation was refreshingly candid, grounded in real founder dilemmas rather than textbook frameworks. Succession planning emerged as the most debated—and misunderstood—theme. The panel reinforced a hard truth: succession is not a one-day handover […]
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6 Steps to Family Business Succession
6 Steps to Family Business Succession For family business founders, the thought of stepping down can bring up a lot of concerns: Do my children have the passion for my legacy? They were born in luxury. They have not seen the difficult days. Will my successors treat my team well? What will I do when I […]
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The wealthiest Family Business in Sweden plans its 6th generation succession
The wealthiest Family Business in Sweden plans its 6th generation succession The Wallenbergs of Sweden, a Family Business into its 6th generation, controls 35% of the Swedish stock exchange. The holding company Investor AB owns significant stakes in some of Sweden’s largest businesses, including Electrolux (home appliances), Ericsson (telecom), Atlas Copco (manufacturing), Saab (defence). The […]
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