Family ventures in India serve as the backbone of the economy. Name any field of business or social initiative, and families in India would have played a pivotal role. Family businesses have their own unique style and culture which keep evolving over the time. Market opportunities have been expanding globally; technology has been helping in the need and speed of delivery and the social and family milieu has created new dimensions in control and decisionmaking power-centres, besides the newer generation aspiring for new avenues or seeking a higher and faster stake in the enterprise. Complexities have been rising and so has the commitment to succeed. Globally, businesses are seeking professional MENTORS for advice, strength and support. In India, highly aware families have followed suit. Some are gearing up, while a large number still live in the comfortable bliss of ignorance.
You too can easily reach out to a MENTOR if you identify your family business with any of these illustrative needs:
- You want your business to move into a new orbit of expansion and excellence
- You are bored with a nominal arithmetic progression of growth and wish to transform to a dynamic, geometric progression
- You are facing some immediate issues and need a fresh, independent perspective
- You need a fresh look at your vision, mission, values and goals
- You want your business to raise its standards and performance bar
- You desire a rational alignment of all family members and senior executives vis-à-vis your goals and overall direction.
- You desire to identify and/or strengthen your competitive edge
- You wish to strengthen the work culture and change the customer and people-outlook of your business
- You need a sounding board for your ideas
- You wish someone could challenge your assumptions and preparedness
- You need support to refine the Knowledge, Skills, Attitudes and Work Habits within the family and senior employees
- You need help in the right induction of family youngsters
- You need support for the grooming and mentoring of family youngsters to refine their experience and skills as they get ready for responsible leadership roles
- You wish to create a smoother business succession plan for the next generation to take over
- You need help in conciliation, reduction or resolution of cross-generation friction
- You want to improve the leadership and managerial abilities of the family and the team
- You desire a good blending with your partners and all other stakeholders
- You need more time for yourself and desire to decentralize and move into an advisory role
- You dream to be known as an institution builder instead of remaining a business sustainer
