Family-owned businesses (FOBs) are the backbone of India’s economy, contributing over 75 per cent to the national GDP—among the highest globally. These businesses hold the potential to not only reach towering heights of success but also transform India into a global economic powerhouse. Yet, sustaining this success across generations is no easy feat.
FOBs account for two-thirds of publicly traded companies in India and deliver shareholder returns twice as high as their non-family counterparts. But what sets the successful ones apart? A strong culture, good governance and a focus on value creation, professionalism and transparency. In contrast, internal family politics, gender biases and succession disputes have derailed many promising legacies.
In Family and Dhanda, Dr Srinath Sridharan—seasoned corporate advisor and strategic counsel with nearly three decades of experience—explains the art and science of succession planning, crafted specifically for India’s unique cultural and business landscape. Packed with real-world examples, practical insights and an A-to-Z roadmap, this book is an indispensable guide for every family business, big or small, looking to secure its future and thrive across generations.
If you are part of a family business—or simply fascinated by the dynamics of business and legacy— this book promises to be your playbook for success.