Art of staying together: How joint families can uphold ties in business

Jan 24, 2024

Nupur Pavan Bang, Academic Director, Thomas Schmidheiny Centre for Family Enterprise at ISB, in an opinion piece in Family Capital, highlights how the system of ‘joint families’ contributed to creating a robust foundation for entrepreneurship in India.  She further explores how the essence of this system can be upheld in the contemporary times that are witnessing joint family disintegration.

“Incorporating what joint families offered in a modern setting would retain entrepreneuring families and their rich resources basket,” writes Nupur.