Day: 28 December 2020

PROFESSIONALISING THE FAMILY BUSINESS

Dr N. Krishnan

Professionalizing the family business is critical for growth, continuity and perpetuity through multiple generations.                                          What is a Family Company? A family company is one whose ownership is controlled by a single family and where two or more family members significantly influence the direction and policies of the business, through their management positions, ownership rights, or family roles. Current family owners intend to pass on control to another generation of the family CHICKEN OR EGG? 1. Do we hire non-family professionals to prepare the work culture? OR 2. Prepare the work…

8 Leadership Skills for Women Tech Entrepreneurs

Small Enterprise India

In current circumstances, women entrepreneurs need to draw out their absolute best under their leadership. We should not expect circumstances to change and wait for it. You should take advantage of certain opportunities and situations at this point. Ensure that your team is successful by believing in yourself and lead your venture. According to a particular HBR study, women leaders are marked higher than men in the majority of the leadership traits. There are relatively higher levels of competence that women excel in which are ‘resilient’, ‘driven for results’, ‘development…

How Pandemic has Impacted Indian Women Entrepreneurs?

Mamta Sharma

Women entrepreneurs have been a major segment of the economy. Many women have established various small businesses i.e. traditional handicrafts, food, and packaging online that supported artisans in rural Karnataka. After quite some struggle, they had a decent number of orders and have been looking forward to advancing the manufacturing equipment and scale the effect of their business by offering chances to local talent. COVID-19 Impact But all of this ceased to exist in March 2020. There were severe restrictions applied on business and travel due to the pandemic and…