explore the breakout sessions

Explore the learnings and wisdom shared by world-class experts across multiple domains related to family business. Each interactive session of 60-minutes was moderated by experts from PFBI advisory committee.

Harnessing the Power of Family Business Ownership

sp-icon

sp-icon

sp-icon

  • Speaker
  • Josh Baron
  • Partner and
    Co-Founder of BanyanGlobal
  • Expert Moderator
  • Peter Leach
  • Founder and Chairman
    Peter Leach Associates Ltd.
  • Expert Moderator
  • Tatwamasi Dixit
  • Chairman, Family Business Research
    International Centre (FABRIC)
  • Saturday, 12th December 2020

Session-6 Synopsis

The session featured Dr. Josh Baron (Partner and Co-Founder of Banyan Global, a Family Business Advisory) as an expert speaker, and was moderated by Peter Leach (Founder and Chairman, Peter Leach Associates Ltd.), and Tatwamasi Dixit (Founder, FABRIC). Family businesses are famous for power plays, backstabbing, and dramatic implosions. Yet they are also among the most enduring companies in existence, central to economies and communities around the world. In this session, the discussion was about how harnessing the power of ownership effectively, can make the difference between long-term success and failure.

Dr. Baron discussed the 5 rights framework – Design, Decide, Value, Inform and Transfer. According to him, there are three important questions – 1. What do we want to own together? 2. Who are all the Owners? Should all of them share everything at the same level and what should be their scope? 3. How do they share control?

The panelists discussed the popular notion of separation of ownership and management. It was noticed that in an Indian context, the custodian mindset is prevalent. Ownership and Management are inter-twined. Often, the power of ownership hardly goes to the entire family owners group and decisions are made among the working members of the family on behalf of all the owners. On this a 4 room model for governance was described such that members take on different roles in each of the rooms – manager, board member, family member or owner. This may help them in making decisions as it would help to sort out their roles in various capacities.

Dr. Baron pointed out that there is a difference between relationships among family members based on the legal structure of shareholding versus the cultural model of ownership. Ultimately what keeps a family working together successfully depends on the cultural model. Overall, the panelists highlighted that several of the issues faced with regard to ownership rights in family businesses are cultural in nature. This must be managed well in building relationships and good communication practices.


About the Speaker

Mr. Dr. Josh Baron:

Dr. Josh Baron is a co-founder and Partner at BanyanGlobal. For the last decade, he has worked closely with families who own assets together, such as operating companies, family foundations, and family offices. He helps these families to define their purpose as owners and to establish the structures, strategies, and skills they need to accomplish their goals. Josh is also an Adjunct Professor at Columbia Business School, where he teaches MBA courses on Family Business Management and Managing Conflict in Family Business. He also teaches in the Enterprising Families Executive Education Program.

He is a member of Mulliez family and was also appointed to the family council during the last 16 years

In Association Familiale Mulliez (AFM), a 100- year old holding company of Mulliez family- He is in-charge of family cohesion and entrepreneurship development

Mr. Antoine is also the chairman of the family Equity fund, "CreAdev", which would assist family or non- family young entrepreneurs, hence promoting the entrepreneurial spirit and helping to develop the AFM portfolio


About the Moderators

Mr. Peter Leach:

Mr. Peter Leach is widely regarded as one of the founding fathers of family business thinking in the UK, Peter has been a leader in his field for over 30 years, consulting with diverse families all over the world. He is an Adjunct Professor of family business at Imperial College Business School and has written a number of books including Family Business The Essentials published in the UK by Profile Books and is co-author of Indian Family Business Mantras, published by Rupa publishing.

Mr. Sri Tatwamasi Dixit:

Sri Tatwamasi Dixit is a well-known family business advisor and spiritual leader who works with family businesses across the world. He is internationally recognized for his knowledge and application of the wisdom of the Vedas. Sri Dixit draws on his extensive experience in commercial and management practices to help family businesses work on balancing and blending family and business priorities.

Togetherness in a Large, Multi-generation Family Firm - Is it "impossible" to stay together in the long run?

sp-icon

sp-icon

  • Speaker
  • Antoine Mayaud
  • Chairman of CreAdev,
    Board Member of Association Familiale Mulliez
  • Expert Moderator
  • Peter Leach
  • Founder and Chairman
    Peter Leach Associates Ltd.
  • Saturday, 17th October 2020

Session-5 Synopsis

The session featured Mr. Antoine Mayaud (a 3rd generation member of the Mulliez family that owns the successful French retail company- Auchan Hypermarkets) and was moderated by Mr. Peter Leach (Founder and Chairman, Peter Leach Associates Ltd.) The speaker and moderator discussed various issues related to keeping all family members together in the business by identifying entrepreneurial opportunities for all members to participate and benefit.

On the importance of developing entrepreneurship in the family, the speaker highlighted that it not just keeps the risk-taking ability in the younger generations alive, but also helps the family build a diverse portfolio of investments in the most natural and organic way. This way, the younger generation are motivated to contribute, because their own businesses are part of the family businesses and will help them grow as Confident Active Successors instead of being Fearful Passive Heirs.

On the difficulties faced in convincing and keeping the whole family together in business, including the spouses, Mr. Mayaud believes that it is very difficult, but in the long run it is beneficial to all concerned. According to him, Spouses bring in new ideas and fresh perspective to the family business. He also shared that in Mulliez family, company-stocks are shared with in-laws instead of giving out cash and how this has helped to keep the cash in the business and helped it to grow over the period of time.

Mr. Peter Leach pointed out that culture is a very important component of managing a family business - more so than structure or strategy. On this Mr. Antoine shared that the culture of the Mulliez family is to work hard to keep the family together. Their seniors had written down “We want to stay together – all family members in all businesses, so we can all do better.” They believe that alone, they can go far and together they can go further.


About the Speaker

Mr. Antoine Mayaud:

Mr. Antoine Mayaud, 68, father of four, with 8 grandchildren is trained as an agricultural engineer.

He is a member of Mulliez family and was also appointed to the family council during the last 16 years

In Association Familiale Mulliez (AFM), a 100- year old holding company of Mulliez family- He is in-charge of family cohesion and entrepreneurship development

Mr. Antoine is also the chairman of the family Equity fund, "CreAdev", which would assist family or non- family young entrepreneurs, hence promoting the entrepreneurial spirit and helping to develop the AFM portfolio


About the Moderators

Mr. Peter Leach:

Widely regarded as one of the founding fathers of family business thinking in the UK, Peter has been a leader in his field for over 30 years, consulting with diverse families all over the world.

He is an Adjunct Professor of family business at Imperial College Business School and has written a number of books including Family Business The Essentials published in the UK by Profile Books and is co-author of Indian Family Business Mantras, published by Rupa publishing.

Session-6 Synopsis

The session featured Dr. Josh Baron (Partner and Co-Founder of Banyan Global, a Family Business Advisory) as expert speaker, and was moderated by Peter Leach (Founder and Chairman, Peter Leach Associates Ltd.), and Tatwamasi Dixit (Founder, FABRIC). Family businesses are famous for power plays, backstabbing, and dramatic implosions. Yet they are also among the most enduring companies in existence, central to economies and communities around the world. In this session, the discussion was about how harnessing the power of ownership effectively, can make the difference between long-term success and failure.

Dr. Baron discussed the 5 rights framework – Design, Decide, Value, Inform and Transfer. According to him, there are three important questions – 1. What do we want to own together? 2. Who are all the Owners? Should all of them share everything at the same level and what should be their scope? 3. How do they share control?

The panelists discussed the popular notion of separation of ownership and management. It was noticed that in Indian context, the custodian mindset is prevalent. Ownership and Management is inter-twined. Often, the power of ownership hardly goes to the entire family owners group and decisions are made among the working members of the family on behalf of all the owners. On this a 4 room model for governance was described such that members take on different roles in each of the rooms – manager, board member, family member or owner. This may help them in making decisions as it would help to sort out their roles in various capacities.

Dr. Baron pointed out that there is a difference between relationship among family members based on the legal structure of shareholding versus the cultural model of ownership. Ultimately what keep a family working together successfully depends on the cultural model. On an overall, the panelists highlighted that several of the issues faced with regard to ownership rights in family businesses are cultural in nature. This must be managed well in building relationships and good communication practices.


About the Speaker

Mr. Dr. Josh Baron:

Dr. Josh Baron is a co-founder and Partner at BanyanGlobal. For the last decade, he has worked closely with families who own assets together, such as operating companies, family foundations, and family offices. He helps these families to define their purpose as owners and to establish the structures, strategies, and skills they need to accomplish their goals. Josh is also an Adjunct Professor at Columbia Business School, where he teaches MBA courses on Family Business Management and Managing Conflict in Family Business. He also teaches in the Enterprising Families Executive Education Program.

He is a member of Mulliez family and was also appointed to the family council during the last 16 years

In Association Familiale Mulliez (AFM), a 100- year old holding company of Mulliez family- He is in-charge of family cohesion and entrepreneurship development

Mr. Antoine is also the chairman of the family Equity fund, "CreAdev", which would assist family or non- family young entrepreneurs, hence promoting the entrepreneurial spirit and helping to develop the AFM portfolio


About the Moderators

Mr. Peter Leach:

Mr. Peter Leach is widely regarded as one of the founding fathers of family business thinking in the UK, Peter has been a leader in his field for over 30 years, consulting with diverse families all over the world. He is an Adjunct Professor of family business at Imperial College Business School and has written a number of books including Family Business The Essentials published in the UK by Profile Books and is co-author of Indian Family Business Mantras, published by Rupa publishing.

Mr. Sri Tatwamasi Dixit:

Sri Tatwamasi Dixit is a well-known family business advisor and spiritual leader who works with family businesses across the world. He is internationally recognized for his knowledge and application of the wisdom of the Vedas. Sri Dixit draws on his extensive experience in commercial and management practices to help family businesses work on balancing and blending family and business priorities.

Session-5 Synopsis

The session featured Mr. Antoine Mayaud (a 3rd generation member of the Mulliez family that owns the successful French retail company- Auchan Hypermarkets) and was moderated by Mr. Peter Leach (Founder and Chairman, Peter Leach Associates Ltd.) The speaker and moderator discussed various issues related to keeping all family members together in the business by identifying entrepreneurial opportunities for all members to participate and benefit.

On the importance of developing entrepreneurship in the family, the speaker highlighted that it not just keeps the risk-taking ability in the younger generations alive, but also helps the family build a diverse portfolio of investments in the most natural and organic way. This way, the younger generation are motivated to contribute, because their own businesses are part of the family businesses and will help them grow as Confident Active Successors instead of being Fearful Passive Heirs.

On the difficulties faced in convincing and keeping the whole family together in business, including the spouses, Mr. Mayaud believes that it is very difficult, but in the long run it is beneficial to all concerned. According to him, Spouses bring in new ideas and fresh perspective to the family business. He also shared that in Mulliez family, company-stocks are shared with in-laws instead of giving out cash and how this has helped to keep the cash in the business and helped it to grow over the period of time.

Mr. Peter Leach pointed out that culture is a very important component of managing a family business - more so than structure or strategy. On this Mr. Antoine shared that the culture of the Mulliez family is to work hard to keep the family together. Their seniors had written down “We want to stay together – all family members in all businesses, so we can all do better.” They believe that alone, they can go far and together they can go further.


About the Speaker

Mr. Antoine Mayaud:

Mr. Antoine Mayaud, 68, father of four, with 8 grandchildren is trained as an agricultural engineer.

He is a member of Mulliez family and was also appointed to the family council during the last 16 years

In Association Familiale Mulliez (AFM), a 100- year old holding company of Mulliez family- He is in-charge of family cohesion and entrepreneurship development

Mr. Antoine is also the chairman of the family Equity fund, "CreAdev", which would assist family or non- family young entrepreneurs, hence promoting the entrepreneurial spirit and helping to develop the AFM portfolio


About the Moderator

Mr. Peter Leach:

Widely regarded as one of the founding fathers of family business thinking in the UK, Peter has been a leader in his field for over 30 years, consulting with diverse families all over the world.

He is an Adjunct Professor of family business at Imperial College Business School and has written a number of books including Family Business The Essentials published in the UK by Profile Books and is co-author of Indian Family Business Mantras, published by Rupa publishing.

The Challenge for successors - managers or enterpreneurs

sp-icon

sp-icon

sp-icon

  • Speaker
  • Ivan Lansberg
  • Organizational Psychologist
  • Expert Moderator
  • Peter Leach
  • Founder and Chairman
  • Peter Leach Associates Ltd.
  • Expert Moderator
  • Tatwamasi Dixit
  • Chairman, Family Business Research
  • International Centre (FABRIC)
  • Saturday, 8th August 2020

Session-4 Synopsis

The fourth session of the series held on August 8, featured international family business expert, Dr. Ivan Lansberg along with Mr. Peter Leach and Mr. Tatwamasi Dixit. Considering several factors such as the size and nature of business, business inclination and motivation of younger generation as well as the expectations of senior generations, the speakers discussed ideal mantras for the family businesses to thrive and transition through generations.

On the topic of identifying entrepreneurs from the next generation for succession, the speakers pointed out that not every generation may have entrepreneurial talent, but it is possible to balance talents of multiple siblings who can contribute to the business.

While talking about the leadership continuity in family business, the speakers highlighted the fact that founding family has the need of developing a governing platform. The governance function will not only provide direction, accountability and value system but will also keep the business and family together. The panel also pointed out when considering continuity, it is important to have a vision of what lies in future. Articulating the aspirations as an enterprise, as owners and as family is important for clarity.

On the topic of Parenting and Nurturing the next generation the expert speaker said, "Some parents are sculptors - they have an idea of who the child has to become and hope to chisel away to make then in that image. But the more you are a sculptor – the more resistance you will get from the sculpture. It is better is to be a gardener - let the children discover if they are an apple tree or orange tree and be the best tree they can be. It is better to share the platform with them and provide them roles where they can contribute positively." Further, as an advice to senior family members, the expert speaker pointed out that they must have humility and lower the dependency of the company on themselves. He said, "That's the greatest test of greatness - Not to reinforce dependency but to lower it".

About the Speaker

Dr. Ivan Lansberg: He is an organizational psychologist who grew up in an entrepreneurial family in Venezuela. He has consulted with complex family businesses in the USA, Canada, Asia, Europe and Latin America, and has made significant contributions to the understanding of family business governance and succession.

About the Moderators

Peter Leach: Mr. Peter Leach is a family business expert who focuses on working with multi-generational family businesses on governance issues. He is regarded as one of the founding fathers of family business thinking and has been a leader in this field for over 30 years.

Sri Tatwamasi Dixit: Sri Tatwamasi Dixit is a well-known family business advisor and spiritual leader who works with family businesses across the world. He is internationally recognized for his knowledge and application of the wisdom of the Vedas. Sri Dixit draws on his extensive experience in commercial and management practices to help family businesses work on balancing and blending family and business priorities.

how we change

sp-icon

sp-icon

  • Speaker
  • Ross Ellenhorn
  • Sociologist, Psychotherapist
  • & Social Worker
  • Expert Moderator
  • Prasad Kumar
  • Founder and Family Business Advisor,
  • Human Endeavour Associates
  • Saturday, 1st August 2020

Session-3 Synopsis

The third session of the series, held on August 1 was deftly anchored by Mr. Prasad Kumar with his incisive questions about the contributions of Dr. Ross Ellenhorn in understanding how people change, from a well-grounded understanding of the Indian and global mindsets. Based on Ross Ellenhorn’s recently published book of the same title – “How We Change (And 10 reasons why we don’t)”, the session gets to the core of our insecurities and fears about ourselves, with humor and kindness. It also helps us understand how to turn our insecurities and fears into agents of change.

The author points out that ‘Hope’ and ‘Faith’ are the two levers we have to enable change. He states “two things happen when we hope – agency thinking and faith in themselves and the world around them”. These two are central to all collaboration – “hope is the kernel of humanity – it is what makes us human.” For family businesses, the author suggests that there must be dialogue between the older and younger generations. The younger generation today have faith in themselves and find creative ways of doing things which is ‘hope’ and ‘agency thinking’ – they live in times where there is little hope – but they are a very hopeful group. It is important for the older generation to recognise the negative value of fear and dialogue with the ones that have fear of hope by assuring them that they understand their need to remain safe and help them to think about why change may help them advance.

About the Speaker

Ross Ellenhorn: Dr. Ross Ellenhorn is a trained sociologist, psychotherapist and social worker. He has spent the last two decades across U.S. and Europe, helping individuals suffering psychiatric symptoms find the psychological and social means for remaining outside institutional settings. Drawing on decades of clinical experience and his own scientific research, Dr. Ellenhorn has authored two books on human behavior namely, Parasuicidality and Paradox: Breaking Through the Medical Model (published by Springer Publishing) and How We Change (published by Harper Collins).

About the Moderators

Prasad Kumar: Mr. Prasad Kumar is a leading Family Business Advisor focusing on small and emerging family business in India and abroad. He also specializes in Strategic Facilitation and Organization Development. Over four and a half decades, he has worked in senior roles incorporates and with many leading companies in their growth and transformation.

Session-4 Synopsis

The fourth session of the series held on August 8, featured international family business expert, Dr. Ivan Lansberg along with Mr. Peter Leach and Mr. Tatwamasi Dixit. Considering several factors such as the size and nature of business, business inclination and motivation of younger generation as well as the expectations of senior generations, the speakers discussed ideal mantras for the family businesses to thrive and transition through generations.

On the topic of identifying entrepreneurs from the next generation for succession, the speakers pointed out that not every generation may have entrepreneurial talent, but it is possible to balance talents of multiple siblings who can contribute to the business.

While talking about the leadership continuity in family business, the speakers highlighted the fact that founding family has the need of developing a governing platform. The governance function will not only provide direction, accountability and value system but will also keep the business and family together. The panel also pointed out when considering continuity, it is important to have a vision of what lies in future. Articulating the aspirations as an enterprise, as owners and as family is important for clarity.

On the topic of Parenting and Nurturing the next generation the expert speaker said, "Some parents are sculptors - they have an idea of who the child has to become and hope to chisel away to make then in that image. But the more you are a sculptor – the more resistance you will get from the sculpture. It is better is to be a gardener - let the children discover if they are an apple tree or orange tree and be the best tree they can be. It is better to share the platform with them and provide them roles where they can contribute positively." Further, as an advice to senior family members, the expert speaker pointed out that they must have humility and lower the dependency of the company on themselves. He said, "That's the greatest test of greatness - Not to reinforce dependency but to lower it".

About the Speaker

Dr. Ivan Lansberg: He is an organizational psychologist who grew up in an entrepreneurial family in Venezuela. He has consulted with complex family businesses in the USA, Canada, Asia, Europe and Latin America, and has made significant contributions to the understanding of family business governance and succession.

About the Moderators

Peter Leach: Mr. Peter Leach is a family business expert who focuses on working with multi-generational family businesses on governance issues. He is regarded as one of the founding fathers of family business thinking and has been a leader in this field for over 30 years.

Sri Tatwamasi Dixit: Sri Tatwamasi Dixit is a well-known family business advisor and spiritual leader who works with family businesses across the world. He is internationally recognized for his knowledge and application of the wisdom of the Vedas. Sri Dixit draws on his extensive experience in commercial and management practices to help family businesses work on balancing and blending family and business priorities.

Session-3 Synopsis

The third session of the series, held on August 1 was deftly anchored by Mr. Prasad Kumar with his incisive questions about the contributions of Dr. Ross Ellenhorn in understanding how people change, from a well-grounded understanding of the Indian and global mindsets. Based on Ross Ellenhorn’s recently published book of the same title – “How We Change (And 10 reasons why we don’t)”, the session gets to the core of our insecurities and fears about ourselves, with humor and kindness. It also helps us understand how to turn our insecurities and fears into agents of change.

The author points out that ‘Hope’ and ‘Faith’ are the two levers we have to enable change. He states “two things happen when we hope – agency thinking and faith in themselves and the world around them”. These two are central to all collaboration – “hope is the kernel of humanity – it is what makes us human.” For family businesses, the author suggests that there must be dialogue between the older and younger generations. The younger generation today have faith in themselves and find creative ways of doing things which is ‘hope’ and ‘agency thinking’ – they live in times where there is little hope – but they are a very hopeful group. It is important for the older generation to recognise the negative value of fear and dialogue with the ones that have fear of hope by assuring them that they understand their need to remain safe and help them to think about why change may help them advance.

About the Speaker

Ross Ellenhorn: Dr. Ross Ellenhorn is a trained sociologist, psychotherapist and social worker. He has spent the last two decades across U.S. and Europe, helping individuals suffering psychiatric symptoms find the psychological and social means for remaining outside institutional settings. Drawing on decades of clinical experience and his own scientific research, Dr. Ellenhorn has authored two books on human behavior namely, Parasuicidality and Paradox: Breaking Through the Medical Model (published by Springer Publishing) and How We Change (published by Harper Collins).

About the Moderators

Prasad Kumar: Mr. Prasad Kumar is a leading Family Business Advisor focusing on small and emerging family business in India and abroad. He also specializes in Strategic Facilitation and Organization Development. Over four and a half decades, he has worked in senior roles incorporates and with many leading companies in their growth and transformation.

Reputation - you can't manage what you don't know

sp-icon

sp-icon

sp-icon

  • Speaker
  • Rachel Atkins
  • Founder of Schillings
  • Speaker
  • David Imison
  • Founder of Schillings
  • Expert Moderator
  • Tatwamasi Dixit
  • Chairman, Family Business Research
  • International Centre (FABRIC)
  • Saturday, 25th July 2020

Session-2 Synopsis

International family business experts Ms. Rachel Atkins and Mr. David Imison along with Mr. Tatwamasi Dixit anchored the talks during the second session, “Reputation – You can’t manage what you don’t know” of the series, held on July 25.

The 60-minute of highly interactive session was addressed by all the three experts where they shared insights from their research and practice on the importance of reputation management, the risks and potential of the online space, including social media to bring perspectives to think about and incorporate in our own lives. The panelists talked about the importance of fundamental rights to reputation and privacy. While the law protects the privacy of a family, it is up to the individual to manage exposure on the virtual platforms.

Talking on the various areas of reputation management, the experts highlighted the fact that it is best to be ready and prepared with knowledge about the consequences of various online activities. Managing personal profiles properly, working with privacy features of social media settings and other such precautionary measures canl prevent areputation crisis. The experts also touched upon the idea of educating the younger generation of the business families on this subject. It is important for young people to understand that their information is private and should be kept safe, as for every legitimate proponent of transparency, there is a hacker out there ready to use them to serve their purpose.

About the Speaker

Rachel Atkins: Rachel Atkins is a specialist in safeguarding the reputations of prominent individuals and businesses. She couples her experience in media law with a detailed knowledge of reputation threats that emanate from non-media sources.

David Imison: David Imison is a reputation and privacy risk advisor whose role is to help clients navigate the risks stemming from disputes, controversies and crisis. He is a certified member of the institute of Risk Managers and a certified Information Security Systems Professionals.

About the Moderators

Sri Tatwamasi Dixit: Sri Tatwamasi Dixit is a well-known family business advisor and spiritual leader who works with family businesses across the world. He is internationally recognized for his knowledge and application of the wisdom of the Vedas. Sri Dixit draws on his extensive experience in commercial and management practices to help family businesses work on balancing and blending family and business priorities.

the wisdom of 100-year family enterprises

sp-icon

sp-icon

sp-icon

  • Speaker
  • Dennis T. Jaffe
  • Author & Research Associate
  • at Wise Counsel Research
  • Expert Moderator
  • Peter Leach
  • Founder and Chairman
  • Peter Leach Associates Ltd.
  • Expert Moderator
  • Prasad Kumar
  • Founder and Family Business Advisor
  • Human Endeavour Associates
  • Saturday, 18th July 2020

Session-1 Synopsis

International family business experts Mr. Dennis Jaffe and Mr. Peter Leach from UK along with Mr. Prasad Kumar from India anchored the talks during the first session, “The Wisdom of 100-year Family Enterprise” of the series, held on July 18. The panelists talked about differences between the founder generation, the second generation and the third generation members of family businesses. Cultural issues, familiness, role of matriarchy in maintaining culture, unavoidable splitting of families and coping with different types of crisis was discussed seamlessly.

Answering a series of questions from Mr. Peter Leach and Mr. Prasad Kumar, Mr. Jaffe shared insights on truly generative family business that smartly manage longevity through intergenerational transitions. The researcher and author pointed out that resilient business families come from all kinds of cultures - from Individualistic, patriarchal ‘honour’ cultures and harmony cultures.

About the Speaker

Dennis Jaffe: For over 40 years, Denis Jaffe has been one of the leading architects of the field of family enterprise consulting. He is a clinical psychologist and an organizational consultant and helps multi-generational families to develop governance practices that build the capability of next generation leadership. He is also the author and researcher of the book – “Borrowed from your grandchildren: The evolution of 100-year family enterprises”.

About the Moderators

Peter Leach: Mr. Peter Leach is a family business expert who focuses on working with multi-generational family businesses on governance issues. He is regarded as one of the founding fathers of family business thinking and has been a leader in this field for over 30 years.

Prasad Kumar: Mr. Prasad Kumar is a leading Family Business Advisor focusing on small and emerging family business in India and abroad. He also specializes in Strategic Facilitation and Organization Development. Over four and a half decades, he has worked in senior roles incorporates and with many leading companies in their growth and transformation.

Session-2 Synopsis

International family business experts Ms. Rachel Atkins and Mr. David Imison along with Mr. Tatwamasi Dixit anchored the talks during the second session, “Reputation – You can’t manage what you don’t know” of the series, held on July 25.

The 60-minute of highly interactive session was addressed by all the three experts where they shared insights from their research and practice on the importance of reputation management, the risks and potential of the online space, including social media to bring perspectives to think about and incorporate in our own lives. The panelists talked about the importance of fundamental rights to reputation and privacy. While the law protects the privacy of a family, it is up to the individual to manage exposure on the virtual platforms.

Talking on the various areas of reputation management, the experts highlighted the fact that it is best to be ready and prepared with knowledge about the consequences of various online activities. Managing personal profiles properly, working with privacy features of social media settings and other such precautionary measures canl prevent areputation crisis. The experts also touched upon the idea of educating the younger generation of the business families on this subject. It is important for young people to understand that their information is private and should be kept safe, as for every legitimate proponent of transparency, there is a hacker out there ready to use them to serve their purpose.

About the Speaker

Rachel Atkins: Rachel Atkins is a specialist in safeguarding the reputations of prominent individuals and businesses. She couples her experience in media law with a detailed knowledge of reputation threats that emanate from non-media sources.

David Imison: David Imison is a reputation and privacy risk advisor whose role is to help clients navigate the risks stemming from disputes, controversies and crisis. He is a certified member of the institute of Risk Managers and a certified Information Security Systems Professionals.

About the Moderators

Sri Tatwamasi Dixit: Sri Tatwamasi Dixit is a well-known family business advisor and spiritual leader who works with family businesses across the world. He is internationally recognized for his knowledge and application of the wisdom of the Vedas. Sri Dixit draws on his extensive experience in commercial and management practices to help family businesses work on balancing and blending family and business priorities.

Session-1 Synopsis

International family business experts Mr. Dennis Jaffe and Mr. Peter Leach from UK along with Mr. Prasad Kumar from India anchored the talks during the first session, “The Wisdom of 100-year Family Enterprise” of the series, held on July 18. The panelists talked about differences between the founder generation, the second generation and the third generation members of family businesses. Cultural issues, familiness, role of matriarchy in maintaining culture, unavoidable splitting of families and coping with different types of crisis was discussed seamlessly.

Answering a series of questions from Mr. Peter Leach and Mr. Prasad Kumar, Mr. Jaffe shared insights on truly generative family business that smartly manage longevity through intergenerational transitions. The researcher and author pointed out that resilient business families come from all kinds of cultures - from Individualistic, patriarchal ‘honour’ cultures and harmony cultures.

About the Speaker

Dennis Jaffe: For over 40 years, Denis Jaffe has been one of the leading architects of the field of family enterprise consulting. He is a clinical psychologist and an organizational consultant and helps multi-generational families to develop governance practices that build the capability of next generation leadership. He is also the author and researcher of the book – “Borrowed from your grandchildren: The evolution of 100-year family enterprises”.

About the Moderators

Peter Leach: Mr. Peter Leach is a family business expert who focuses on working with multi-generational family businesses on governance issues. He is regarded as one of the founding fathers of family business thinking and has been a leader in this field for over 30 years.

Prasad Kumar: Mr. Prasad Kumar is a leading Family Business Advisor focusing on small and emerging family business in India and abroad. He also specializes in Strategic Facilitation and Organization Development. Over four and a half decades, he has worked in senior roles incorporates and with many leading companies in their growth and transformation.

Video Gallery

We present to you these short-video clips from our detailed interactions with world-class leaders on topics related to family businesses and beyond. They capture the essence of experiential learnings & wisdom shared by the leaders.

Characteristics of Generative Families- Dennis Jaffe

Paternalism to Partnership- Dennis Jaffe

Small & Medium Size businesses as "Hidden Champions"-Dennis Jaffe

Reputation Capital- The Intangible Asset of Family Enterprises- David Imison & Rachel Atkins

Chief Mentor, PFBI

Dr. Kavitha Gudapati

Dr. Kavitha Gudapati is a Family Business advisor who is an Organizational Psychologist and an Associate Certified Coach. She has a Doctorate in Management, specializing in Organizational Behavior, and has an MA in Psychology along with a Post Graduate diploma in counseling skills. She is an Associate Certified Coach recognized by the ICF (International Coach Federation). She has undergone executive education Programs offered by ISB – Indian School of Business and has been certified by the institute on a family business training lead by John Ward.

While working with small groups and families she uses the fundamentals of the process work and has herself undergone Basic Human processes lab and Advanced Human processes lab under ISABS. She believes in looking at individuals and groups as a system and diagnosing ‘what is working’ rather than ‘what is not working’. She is trained and certified in this method of “Appreciative Coaching" by Fielding Graduate University.

This academic background and the international training exposure give her the backdrop to work with the complex and challenging demands of family business advising. Dr. Kavitha has worked with Indian families and has been able to facilitate the building of the family governance structures. She is an empaneled facilitator who is advising and helping operationalize the family constitution. She has a decade’s experience in family business advising working with different family businesses. Having in-depth exposure in the business arena gives her an added advantage while she is advising and facilitation in the family business. She has over seventeen years of work experience in the business world covering a wide range of industries and projects. She has consulted and trained with several organizations such as Bharath Dynamics Limited, VOLVO, DRDL, Deloitte, GE- Money, PWC, GMR, Dr. Reddy's, Airtel, BSNL, BAAN, Intelli Group, BSNL, Cyberabad Police, Neospark, etc.,

She is passionate about working with both the executive and non-executive members of the family in a manner that they can contribute with more energy, talent, and a sense of purpose, fostering an ability towards loving and fulfilling relationships, creating each one’s deep purpose, dream career, more energy, more balance and more fun! Her education in psychology, a doctorate in management, and the cross-industrial experience give her unique leverage in grasping and helping individuals transform their Family Business ‘platform’ into ‘purpose’.

She is able to work at two levels the intrapersonal space and interpersonal space. This can then translate into positive change that benefits the individual in their personal as well as the family business. She meets the family business space as a sacred space that needs to be revered. She begins with bringing in five basic spiritual qualities to this space - ‘mindful-ness, ‘openness’, ‘trust’, ‘authenticity’, and ‘reverence’. She has a firm grasp of the ethical and practical issues of working with a family business group and the individuals in it.

She has the ability to put into simple, jargon-less language what is observed and the stature to raise any issue with the family or its members at the right moment. She knows six languages that are an added advantage – English, Hindi, Telugu, Bengali, Kannada, and Marathi. She works with the knowing that to be a ‘contributor’ in the family business space meets her own sense of expression, meaning, and life purpose.

featured news

The Prasant
October 25, 2020
PFBI to host 5th session of essential mantras for family business
Read More
Eenadu
October 18, 2020
How to keep togetherness in large family firms
Read More
The Daily Guardian
October 20, 2020
Is it impossible to stay together in a large multi-generational family firm?
Read More
Daily Hunt
October 20, 2020
Is it impossible to stay together in a large multi-generational family firm?
Read More
Around Odisha
December 15, 2020
PFBI organizes online symposium on ‘Harnessing the Power of Family Business Ownership’
Read More
Eenadu
December 14, 2020
The Family Constitution is necessary
Read More
Hyderabad Happenings
December 14, 2020
6th session of PFBI Online Symposium
Read More
Business Journal
November 06, 2020
Parampara Family Business Institute to host fifth session of online symposium-Business Journal
Read More
The Common Times
October 17, 2020
PFBI to host fifth session of essential mantras for Family Business
Read More
Hyderabad Happenings
October 15, 2020
Parampara Family Business Institute (PFBI) to host fifth session of Essential Mantras for Family Business- a series of online symposiums
Read More
The Hindu Businessline
October 14, 2020
Parampara Family Business Institute to host fifth session of online symposium
Read More
Trendlyne
October 14, 2020
Parampara Family Business Institute to host fifth session of online symposium
Read More
Newschant.com
October 14, 2020
Parampara Family Business Institute to host fifth session of online symposium
Read More
Around Odisha
October 14, 2020
PFBI to host fifth session of essential mantras for Family Business
Read More
EENADU
August 02, 2020
Exclusive media coverage of Online Family Business Symposiums.
Read More
News 24
July 30,2020
The initiative GMR varalakshmi foundation
Read More
News X
July 31, 2020
Speaker: Ross Ellenhorn Saturday: Aug 1,2020, 6-7 PM, PFBI- GMR Varalakshmi Initiative.
Read More
TV Riaan
July 17, 2020
PFBI to host Essential Mantras for Family Business- a series of online symposiums
Read More
Hyderabad Happenings
July 17, 2020
Parampara Family Business Institute (PFBI) to host Essential Mantras for Family Business- a series of online symposiums
Read More