About TSCFE

The Thomas Schmidheiny Centre for Family Enterprise was launched on February 7, 2015 with an aim to advance real-world and academic knowledge of family business. Since its inception, the Centre has been bringing together faculty and practitioners from India and abroad with the broad aim of combining theory and practice to enhance research and innovation in the field.

Family Enterprise Quarterly

Volume 1. Issue 2

April - June, 2022

 

 

The Centre's Journey

Chronicling Indian Family Enterprises

 

#10

Journal Publications

#32

Cases

#07

White Papers

#20

Books&Book Chapters

#14

Working Papers

Research - Generating Knowledge that Creates Impact

The Thomas Schmidheiny Centre for Family Enterprise at the ISB conducts and promotes cutting-edge research in the growing field of family business. Despite their significant contribution to the Indian economy, family businesses remain a largely unexplored area of research.

People

Founded by Professor Kavil Ramachandran in 2015 and presently led by Professor Sougata Ray, the Thomas Schmidheiny Centre for Family Enterprise is supported by a dedicated and experienced team of research and managerial staff who contribute to the research projects, teaching, mentoring and various outreach initiatives. The Centre is also affiliated with faculty and research fellows that contribute to the teaching and research activities at the Centre respectively.

Practice and Outreach

The Centre undertakes several outreach initiatives that aim at enabling family businesses in India/Asia and other parts of the world to provide thought leadership and develop best practices for sharing among all stakeholders.

Education - A Platform for Learning and Enrichment

Transformation of family businesses require focused training inputs. To prepare and train family members associated with their businesses, operationally or otherwise to take up higher levels of responsibilities, the Centre offers an array of training programmes on different aspects of family business. The Centre is also supporting ISB in the initiative to run a unique masters level programme MFAB for young family members who wish to enter the family business in the future. In addition, students enrolled in the Post Graduate Programme in Management of the ISB gain extensive theoretical and practical knowledge about family firms from the course, “Strategy, Leadership and Resource Management in Family Business.”

Knowledge Dissemination and Networking

The Centre disseminates knowledge in the field of family business management through articles in business and popular media vehicles across the world. Several of the articles authored by members of our team have been published in leading publications. The Centre also regularly provides expert comments in media stories and articles on family business. Annually, the Centre also contributes to knowledge dissemination through practice-oriented family business research article summaries in FFI Practitioner – an online newsletter published by the Family Firm Institute, Boston, USA.

The Centre has expanded its impact through establishing a network of academic, industry and institutional linkages in India and abroad through several personal and institutional networks. In academics and research the Centre has built a strong network with faculty members from the Kellogg School of Management, University of Victoria, Ipag Business School, and University of Vermont. The Centre is an institutional member of the Successful Transgenerational Entrepreneurship Practices (STEP) – a global applied research initiative of top B-Schools across the world. The Centre also has strong institutional connect with industry bodies such as CII and FICCI.

News

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TSCFE

Shareholder capitalism to stakeholder capitalism: Are Indian family firms prepared?

Professor Sougata Ray, Nupur Pavan Bang and Navneet Bhatnagar of Thomas Schmidheiny Centre for Family Enterprise, in their co-authored article, said, to be a multi-stakeholder-friendly and sustainable organisation, family firms need to adopt the principles of the triple bottom line and make ESG (Environment, Social and Governance) their strategic ally. It is no longer an option.

Apr 18, 2022

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TSCFE

Family Firms in India: Performance and Relevance

Policymakers must be open to framing targeted interventions needed to create favourable conditions to improve the performance of family firms, says Professor Sougata Ray, Nupur Pavan Bang and Navneet Bhatnagar of Thomas Schmidheiny Centre for Family Enterprise, ISB. Read their thoughts on the relevance and performance of Family Firms in India.

Apr 05, 2022

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TSCFE

Family firms: Preordained to be governed by passion and purpose

Professor Sougata Ray, Nupur Pavan Bang and Navneet Bhatnagar of Thomas Schmidheiny Centre for Family Enterprise, in their co-authored article, said, Family firms in India, on average, have a greater than 50 percent stake in their firms, making them personally invested in the reputation of the business, its longevity, and image as a socially responsible, sustainable contributor to society.

Mar 29, 2022

Events