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In family business, generally owners stay in present and are happy addressing problems of the day. Very few think about tomorrow. Those who think about tomorrow realise that tomorrow is not only a business problem, but is also a family problem. The more they think about it, the more it gets complicated. On family front, …
Who’s job is it to chart the future of the family business? Read More »
As your family business grows, managing your time becomes a crucial activity. You are forced to prioritize your activities, so you can focus on critical activities and address them. This is a natural response to the emerging situation. But when you are into an ownership position of a growing business, you cannot afford to miss …
Starting a business is relatively easy against scaling up the business. After years of struggle, business become successful and reach certain level of growth. It is important that the business then should continue to succeed. It means that the business has to shift gears and get into the next orbit of growth. Unfortunately, many businesses …
If I ask you the above question, I am sure most of us will reply as a Soldier. Primarily there are two reasons for this obvious answer – 1. Being a Soldier means that we are in the battlefield, in midst of action and fighting against the enemy. All of us like to be in that …
In your Family business – are you a Soldier or a Scout? Read More »
One of the key elements that we talk about in family business is sustainability and most of the time by sustainability, we mean the economic performance of the business venture. “Does it mean sustainability limited only to economic performance?” What sustainability means is the ability to maintain growth at a certain rate and conserving an ecological …
Your Family Business Susutainable Sandesh Mestry Read More »