Breaking the Cycle: Business Families must Lead in Safeguarding Women

Sep 12, 2024

In the Business Standard article titled “Breaking the Cycle: Business Families Must Lead in Safeguarding Women”, Nupur Pavan Bang, Academic Director of the Thomas Schmidheiny Centre for Family Enterprise at the Indian School of Business, discusses the critical role of family businesses in fostering gender equality and safeguarding women. She emphasises that these influential enterprises, controlling over 90% of Indian businesses, have the potential to not only reshape corporate structures but also challenge deep-rooted societal norms.

Bang highlights examples like Anu Aga and Meher Pudumjee at Thermax, Lavanya Nalli at Nalli, and the women of the Apollo Hospitals family, who have actively worked to create inclusive and safe environments for women in their organisations. She asserts that as more women take on leadership roles, they inspire others and help dismantle stereotypes, driving long-term change within both businesses and society.