THE MAJORITY OF INDIAN FAMILY OWNED BUSINESSES ARE LIKELY TO FAIL BECAUSE OF INTERNAL CHALLENGES – WITH THE KEY ISSUE BEING INEVITABLE – AND DESTRUCTIVE – FAMILY CONFLICTS. SO IF A FAMILY WANTS TO PASS A SUCCESSFUL BUSINESS ONTO THE NEXT GENERATION, IT NEEDs TO DEVELOP ITS OWN TOOLS AND SYSTEMS FOR MANAGING CONFLICTS 10 TIPS FOR MANAGING FAMILY BUSINESS…
The Union Cabinet approved The National Education Policy 2020-NEP on July 29, 2020[1]. The NEP proposes a paradigm shift on how education is disbursed by various institutions across the country. As the present education system limits itself in various aspects and unable to encourage innovative and out-of-the-box thinking among young minds. A much needed move for the transformation of education…
All businesses face challenges, whether it is dealing with the changing economy, finding and hiring the right employees, or increased competition in the market. Family-owned businesses are not immune to these challenges. In fact, there is also a unique set of challenges that family-owned businesses have to face as a result of the nature of their business structure. It is…
“Living is all about taking chances, taking ‘Responsibility’; because in Life there is no right or wrong decisions, just Opportunities for Growth”– Santosh Nair Each of us, Nations, Institutions, Organizations, Communities, Entrepreneurs, Teams, and Professionals, we all have several responsibilities. These Responsibilities come in various forms, it may be focusing on health, taking on new challenges, shifting paradigms, changing circumstances,…
We live in a country where discussing about fancy lingerie, let alone buying from stores, will not pass off without any frowns. With male staff moving around and cramped trial rooms, the delightful idea of lingerie shopping could turn into an uncomfortable and embarrassing situation. Richa Kar understood this issue and this is when the online lingerie store, Zivame was…
We have seen one the worst ‘pandemic’ of the century. One invisible virus has wreaked the entire world to a standstill. This has brought the entire activities, operations, and commerce to a pause mode. Slowly things are opening up and all of us are in the revival mode. The covid-19 pandemic has left its impact on all sectors of…
The world we live in today has evolved from its altruistic nature so much that it has stopped looking at societal problems. Although many inventions taking place almost on a daily basis and technology’s growth at a great pace can benefit the less privileged, society and its problems only truly concern a few. And they are social entrepreneurs, who go…