Family businesses have traditionally been the slowest to transform, but this experience should help them shed their reluctance towards change and keep up with the times.
Author: Dr. Rajiv Agarwal
Dr. Rajiv Agarwal is considered as the foremost authorities on Family Business globally. He is a family business advisor, having worked with many families on various family and business issues. He is currently Professor, Strategy, Family Business and Entrepreneurship at SPJIMR, Mumbai, (a top 5 MBA school in India). He also Head, Strategy Group at S.P. Jain Institute of Management & Research (SPJIMR).