Managing a Family Business: Page 2
Who says Industrial Components Industry is Tough to Manage?
Rama Kirloskar's expertise in driving the go-to-market strategy, product value management and restructuring for the mass production business; material grade rationalization and streamlining for the foundry business and product rationalization for the made-to-order business makes her stand out of the crowd
The Last Days of Summer? The Perfect Time to Celebrate 'Family' Businesses.
Say thanks when you eat that cheeseburger or watch those fireworks this Labor Day. Either may come from one of our nation's dynastic brands.
5 Challenges in Front of a Scion
Here's how the modern youth is creating it's own identity with the family legacy inherited
This Brother-Sister Duo are Mapping a Brighter Future for Their Legacy Run Business
With Gurumukh and Geetika entering the business, the Syska Group is aiming for greater heights.
How Insightful of This Young Scion to Carry Forward His Father's Dreams With Pride
Abhishek always knew that someday he would join the business too. "It wasn't a forced decision.
How This 38-year-old is Bringing About Innovation Into His Father's Dreams
As a part of Greenply, Shobhan has solely spearheaded a number of innovations, like introducing the engineered panel division, which manufactures, markets and exports medium density fiberboard (MDF, a wood product) and flooring solutions.
Ethos Behind Rendering GenNext Leader
Indian family businesses will let the biggest opportunities pass them by if they fail to create next-gen leaders, tapping the demographic dividend within family businesses.
How to Avoid Conflicts In a Family Business ?
The family should arrange business meetings not just to share the visions but also to mitigate the conflicts.
The Essential Qualities Every Family Business Needs To Survive
Generation on generation, the business grows, changes, and adapts. As CEOs age and have the will to step away from the daily management of the business, we must be ready to appoint new heirs. Yet, with each new leader, there should be a level of transformation of the company.
25 Reasons Why Hiring Your Relatives Is an Even Worse Idea Than You Suspected
Put family on your payroll and you'll never have to worry about leaving your comfort zone again.
Sorry Bro, You're Out: How to Fire a Family Member Without Destroying the Family -- and the Business
While you should never have to fire a family member, here are five steps to make it go as smoothly as possible.
The Science Behind Working With Your Spouse
Neither marriage nor entrepreneurship nor combining the two is easy, but it often works out quite well.
4 Not-So-Obvious Things to Consider Before Starting a Business With Your Spouse
Both business partnerships and marriages fail at alarming rates. There's no telling how combining the two will change the odds of either succeeding.
It's National Siblings Day! Brother-Entrepreneurs Tell How They Make It Work.
When your brother is your business partner, what do you do? Six tips for success.
5 Ways 'Dadpreneurs' Can Balance Home and Work
Your family and your business both need time and attention. Here's how to develop a plan that supports your goals at home and in your career.