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5. Are empires crumbling?

Are empires crumbling?

Apr 27, 2024

ISB in the Media

In an opinion piece in the Financial Express, Kavil Ramachandran, Professor of Entrepreneurship (Practice) and Senior Advisor, Thomas Schmidheiny Centre for Family Enterprise at ISB, explores common attributes across Indian family businesses that determine whether these entities can sustain generational succession or are prone to a split.

“Visionary family businesses set clear expectations from family members, especially from the second or third generation onwards, when economic factors outweigh emotional bonding,” he writes.

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