Please ponder (if you already haven’t done) on how leaders (who are humans like you) create 17,00,00,00,00,00,000 of personal net worth? That is 170 lac crores INR at base rate of dollar 1 to INR 70. And, they have family institutions with family enterprises that span earth to its inches and serve the needs of
We have often heard business owners complain about their marketing teams or super high marketing investments compared to the expected returns. There is a lot of pain that comes with marketing going wrong for most businesses – mainly the pain of unmet expectations, and once this happens a bigger lose occurs with owners losing faith
Your mission is your family’s reason to exist. Let’s take a reverse scenario, just for fun and perhaps make the point come home: Why should we as family businesses bother about our mission, purpose and any such fluffy, softy, or simply an incompetent – Leaders do bother about such things because they have hard balls
Have you ever wondered, being an owner & leader of the organisation, why, when you have clarity of how to run a business, your people fall short? Did it occur to you that even after explaining tens of times to your leaders and managers, things happen in ways undesired and, many times, untoward? After months
What is perspective? Why it matters? Should it matter? What is perspective? Is it knowledge of some kind, or is it an insight? Reason to discuss perspectives: It’s just an amazingly crucial destiny-shaping thing—your perspective. When clients ask me with pure curiosity, I choose to sit down before an answer when I am in my
It seems that owners in our country owe a lot to the world. Sometimes unfair share of owing to the world. Key is what the world expects from them? Does the world around assume that owners are supposed to deliver the unsaid expectations? Complicated as it sounds above, in reality it is far more complicated
Why do family businesses in India suffer to the point of their extinction or irrecoverable deterioration when placing a rightful successor? Why do most UHNI and HNI families even accept a painful, heart-wrenching, and gut-wrenching experience, despite succession planning methods, processes, and transitions available to them? Too few family businesses admit to accepting the pain
Front-running family businesses know that no amount of wealth, goodwill, or anything helps when it comes to making decisions that change the course of their next ten decades. What helps is a deep sense of purpose. Purpose – A deep call in the family that reminds them why they exist beyond their known material reasons.
It is not uncommon to see owners reach at 99% and take forever to cross the remaining 1% to make important decisions. Wonder Why? Sometimes the time distance between the owner’s position movement from 99% to 1% is forever stretched. Many asked us why we haven’t helped them cross the 1% faster than they were able
