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Jul 05, 2024
Kavil Ramachandran, Professor of Entrepreneurship (Practice) and Senior Advisor, Thomas Schmidheiny Centre for Family Enterprise at ISB, in an opinion piece, writes about a new trend that is transforming the family business landscape. As the younger generation of business families are increasingly setting up their start-ups, Prof Ramachandran underlines certain challenges it can bring for family businesses.
“One of the biggest long-term implications of venturing is the danger of silo formation in the family,” he writes.