The values of the founders of TATA are sometimes overlooked in today’s society. They shouldn’t be
Almost all businesses in China started in the past 30 years, and many are still founder-owned. Issues such as the one-child policy mean they face unique problems.
Families have a unique currency, but it must be nurtured and directed correctly to become a positive force, and not a destructive one.
Family businesses face many challenges to remain competitive, and the best solution is often to bring non-family professionals into top management positions.
When it comes to financing growth families are wary of banks and traditional private equity. Alternatives are out there, and one model in particular would be a perfect fit.