Dr Manu Chandaria, during his interaction with Professor Kavil Ramachandran, shared the following key takeaways.

• Trust among all the members is fundamental to togetherness in a family. Mutual respect and attitude of hard work of all those associated with the family and the business, are essential for the long-term sustenance of a family business.

• Transfer of values to the younger generation is very important for family continuity. This can only happen effectively when the next-generation members see the senior family members practicing those values in their daily lives!   Perseverance and a never-give-up attitude are the core strengths of a family business! Growth is only possible when you have a very strong will to succeed!! "You might fail ten times but NEVER give up!"

• Continuing family business security and growth is the result of the initiative, focused efforts, frugality, and consensus-based decision-making.

Here is the link to view the session https://youtu.be/aFCTJl7XGQY