Families to the fore in healthcare
The healthcare sector is dominated by family-run firms, some of which have come into prominence in the past year.
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Family philanthropy funding triples: Report
But a decline in revenue and profitability will impact Indian corporations’ ability to contribute to the social sector through CSR activities.
Gen Next to the fore in Murugappa Group recast
Focus now on distributed leadership with group advisory board and chairman roles done away with.
How to keep your wealth safe during a pandemic
The Covid-19 pandemic is a black swan event and requires investments to be assessed and amended in order to safeguard them during such turbulent times.
Managing family businesses in Covid times
Like any other business, a family business too should have governance in place to ensure that both its family and business strategies are taken care of.
Covid-19 crisis : A golden opportunity for family businesses
There are always issues which have been swept under the carpet due to lack of time or inclination, or perhaps both. This is a good time to revisit those and clear them up.
Strengthening business family relationships in time of Covid-19
Family businesses have traditionally been the slowest to transform, but this experience should help them shed their reluctance towards change and keep up with the times.
Family business: Leadership in the time of Covid-19
Leaders cannot be inaccessible during a crisis.
Succession planning by high net-worth individuals
Effective succession planning provides security over inheritance in an efficient and cost effective manner and should be considered by HNIs to avoid disputes in the future.
The role of sons-in law in family businesses
Even though daughters may prove their worth, the onus of taking family businesses forward still lies with a male heir. And in the absence of a son, the son-in-law is co-opted for this purpose.
