Family Business Consulting

Globally, 40% of Fortune 500 companies and 80% of the US Companies are family owned. In India, about 70% of companies worth above USD 1 billion are family owned. Overall, the family businesses are doing better than their non-family business counterparts. Although majority of family business owners would like to see their business transferred to the next generation, most of them do not survive into the 2nd generation and only a handful make it to the 3rd generation.

We help the business of Family Business through a series of specifically designed steps with an emphasis on change management and capability building so that its chances of long term survival and success are greatly improved. They may include:

  • Baseline Diagnostics
  • Formal Communication Platform
  • Bringing in Accountability
  • Successor Grooming
  • Management Succession
  • Ownership Succession
  • Family Governance Structure