Strategies for Effective Implementation of Family Business Constitutions

May 22, 2024

In an article titled "Strategies for effective implementation of family business constitutions," published in The Economic Times, Nupur Pavan Bang and Professor Kavil Ramachandran of the Thomas Schmidheiny Centre for Family Enterprise, ISB, and Anil Sainani, Founder & Managing Partner, BAF Consultants, explore strategies for the effective implementation of family business constitutions.

They discuss how to bridge the divide between the aspirational ideals outlined in the constitution and the lived reality of day-to-day interactions. The article also addresses long-term strategies, decision-making processes, and familial aspects of harmony and togetherness.