Writing is Easy, not Living: Challenges in Implementing Family Business Constitutions

May 22, 2024

In an article titled "Writing is Easy, Not Living: Challenges in Implementing Family Business Constitution," 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 the key challenges faced by numerous families in implementing a family business constitution.

"While creating a constitution is just the initial phase, the main challenge lies in actualizing the principles outlined in the document into practical, everyday reality," they write.

Read the full article here