The Case Study Challenge was organised by FAB- Families And Business and NDIM – New Delhi Institute of Management. It was the first of its kind in India and saw an enthusiastic participation from students. The students were asked to identify a Family Business of annual turnover up to Rs. 10 crore. The students then were asked to spend time with the Family Business Owner and do an in-depth study of a family related matter that affected the Family Business either positively or negatively. Students then wrote a ca... Read More
In India, family businesses represent more than 80 percent of the overall businesses and play a key role in economic growth and workforce employment. Family Businesses in India are making the transition from family-owned-family-managed to family-owned-professionally-managed business houses. However, there are constraints and conflicts that arise out of this transition that impact business, personal and governance practices.
To understand these matters in more detail a ‘By Invitation O... Read More
While 90% of world commerce is family owned more than 70% of family businesses fail in the first generation itself. The reason for this high drop off is largely family related matters – lack of family unity and lack of succession planning being the two most quoted reasons. Traditionally most families and consultants have focussed only on the business. However, for a family business to remain successful, the business itself needs to be looked at through the prism of family dynamics.
As par... Read More
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