Our Insights
A collection of our insights developed for you from our real-time client engagements, family business advice, solving their problems and delivering progress.
THE POWER & PROMISE OF ETERNITY CONSTITUTION
What is a constitution? Please write your definition.Do write it based on what your definition is – not what you think is right. Compare what you intend to accomplish in future against the definition that you wrote. Does your constitutional definition deliver the expected future that you intend to manifest?Let us see with an example: The definition of
Without their permissions, what would our world be?
I was ten years old when I came across the story of the Indian emperor Ashoka. He had ascended the throne after killing his brothers. As king, he waged upon bloody war to bring other kingdoms under his subjugation, building a vast empire that swept across the Indian subcontinent. But that is not why he
COURAGE
CONVERSATION IN FAMILY A BETWEEN FATHER AND SON: Son A: Dad, I don’t think I have the courage to pursue my goals. Father A: It’s not about courage, son. Son A: No, Dad, I see other people achieving great things, and I can never find that courage within myself. Father A: Son, don’t focus on
What Issues For The Family Does Its Family Constitution Remove?
This is one of the most common questions asked by a family businesses entering their third generation in the next 3-5 years. They said we struggle to understand what precisely will get solved if we take on this vital long-term task for our family. By this question, they do not mean benefits which is an
YOUR CONSTITUTION MUST BE BUILT FOR THE RIGHT REASON
THE ONLY PIVOTAL REASON IS TO CREATE A SHARED CONSCIOUSNESS
The institutionalisation of the family is a major step of the century. This step will impact further centuries. This depends on the ideas, assumptions, and the motive it has been designed for. Many family businesses remain fixed on a point. When they speak to even the niche of the family advisors and experts, they alluded
LOVE
You and your purpose in life are the same thing. Your purpose is to be you.– George Alexiou The more you are you, the more you live the purpose. What stops you from being you? Why is ‘being you’ so hard? Why is being you much easier to think and feel but hard to be?
What is the cost of ineffective governance?
(Measurable cost & also, immeasurable)
Family business history contains many examples of what can happen without an effective governance. Emotions among even a handful of shareholders can erupt into clashes that disrupt future goals & planning, tie up families in court for years and drain all tangible and intangible value. Case: The scenario: One of the family businesses, in 2014,
Is your business effective and efficient?
When owners speak, they usually use significantly far meaning terms interchangeably. Two of the most common terms that are critical to differentiate are – efficiency and effectiveness. Efficiency is doing the things right, but effectiveness is doing the right things. So, is your business doing least effective things highly efficiently? Is your business least efficient in