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Updates on Family Business [#permalink]
FROM ISB Admissions Blog: Updates on Family Business
Reliance declares intent to enter rapid transportation; buys 12.7% in US-based Skytran – https://m.businesstoday.in/story/reliance-industries-acquires-stake-in-personal-rapid-transit-company-skytran/1/285653.html

India business is growing at a faster clip than other regions: Michael Dell – 

https://m.economictimes.com/tech/hardwa ... 253826.cms

Harsh Mariwala steps up focus on startups for a well-rounded portfolio –  https://m.economictimes.com/small-biz/startups/newsbuzz/harsh-mariwala-steps-up-focus-on-startups-for-a-well-rounded-portfolio/articleshow/66281054.cms

Mahindra and Mahindra, Ford sign two pacts on powertrains, connected solutions – https://www.financialexpress.com/industry/mahindra-and-mahindra-ford-sign-two-pacts-on-powertrains-connected-solutions/1352977/
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Rapid Adoption of Blockchain Could Transform Emerging Economies into F [#permalink]
FROM ISB Admissions Blog: Rapid Adoption of Blockchain Could Transform Emerging Economies into Financial Juggernauts – A Perspective
A blockchain disruption is awaiting to unfold. While blockchain’s adoption would enforce transparency, security, regulatory compliance, robustness, non-repudiation, high availability, auditability & governance, its application would curtail Non-Performing Asset (NPA), impending frauds and political interference. Banking & Financial Services Industries (BFSI) would never be the same again with blockchain’s approach to inclusivity and quality, reducing operational overheads, commissions/fees while increasing profitability and earnings per share (EPS), eventually winning shareholders’ loyalties. In summary, blockchain could significantly add value through disintermediation; however, its adoption timeline could be longer.

Are Investment Banks Jittery About Blockchain? 

Unlike any other industry, which gets affected by recession, top US banks, except Lehman Brothers, have always remained amongst the top despite multiple recessions impacting everybody else. The reason is simple – banks have primarily made money in capital markets by being sole intermediaries – something no one else has license to. For instance: top 10 investment banks alone charge nearly USD100 billion in annual fee income (Indian data is not entirely available: Link).



Source: Financial Times League Table
Please click here to read the full article

Author: Vijay Kumar | Published on October 17, 2018

 
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Family Business Updates [#permalink]
FROM ISB Admissions Blog: Family Business Updates
Delhi is home to 163 mega billionaires; Shiv Nadar tops rich list

https://www.businesstoday.in/current/co ... 84499.html

NEXT GENS LEAD FAMILY CHARGE FOR SUSTAINABLE AND IMPACT INVESTING

https://www.campdenfb.com/article/next-g ... -investing

Benetton Death Opens Succession Dilemma at Billionaire Family

https://www.bloomberg.com/news/articles ... dies-at-77

The Family Business: Building the Legacy

https://www.piworld.com/post/the-family ... he-legacy/
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Family Business Updates [#permalink]
FROM ISB Admissions Blog: Family Business Updates
Shipping cannot be a family-run business? These six families disagree –

https://economictimes.indiatimes.com/in ... 423590.cms

Record billionaire wealth creating new power families –

https://www.campdenfb.com/article/record ... r-families

What family-run businesses do to resolve conflicts within –

https://economictimes.indiatimes.com/ne ... aign=cppst

She’s the Turnaround Wizard in Korea That Buyout Firms Call – https://www.bloomberg.com/news/articles/2018-10-31/she-s-the-turnaround-wizard-in-korea-that-buyout-firms-call

Meet the Next Generation of Italy’s Business Dynasties – https://www.bloomberg.com/news/articles/2018-10-31/meet-the-next-generation-of-italy-s-business-dynasties
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Updates on Family Business [#permalink]
FROM ISB Admissions Blog: Updates on Family Business
Institution Building : What Family Businesses can Learn from MERCK-  https://content.yudu.com/web/fiqy/0A437 ... gin=reader

 

Rich Asians crazy about securing wealth spark family office boom in Hong Kong, Singapore – https://www.business-standard.com/article/reuters/rich-asians-crazy-about-securing-wealth-spark-family-office-boom-in-hong-kong-singapore-118110500921_1.html

 

This Entrepreneur is taking Family Business to New Scale with Tech : Saraf Furniture – https://bizztor.com/in/saraf-furniture/

 

Growing Family Businesses face Next Gen Conundrum Says Top 75 –  https://www.campdenfb.com/article/growing-family-businesses-face-next-gen-conundrum-says-top-75-report

Viewpoint: Schoeller Group – Eight generations of entrepreneurship and innovation –  

https://www.famcap.com/2018/10/viewpoint-schoeller-group-eight-generations-of-entrepreneurship-and-innovation/
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Updates on Family Business [#permalink]
FROM ISB Admissions Blog: Updates on Family Business
Tata SIA Airlines eyes all-stock merger of Vistara with Jet Airways  – //economictimes.indiatimes.com/articleshow/66628400.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Lee Kum Kee Family Receives First Hong Kong “EY Family Business Award of Excellence” –

https://markets.businessinsider.com/new ... 1027715087

China family businesses outperform global counterparts- https://www.verdict.co.uk/private-banker-international/news/china-family-businesses-outperform-global-counterparts/

Family Migration Drives Multi Family Heavy Weights into Strategic Tie-Up-  https://www.campdenfb.com/article/family-migration-drives-multi-family-heavyweights-strategic-tie
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Updates on Family Business [#permalink]
FROM ISB Admissions Blog: Updates on Family Business
The $2-billion Indian health empire run by four sisters makes a comeback  – //economictimes.indiatimes.com/articleshow/66729779.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

View from Asia – Pacific : The art of giving – https://www.campdenfb.com/article/view-asia-pacific-art-giving

KM Birla’s son Aryaman aims to create his own legacy – https://economictimes.indiatimes.com/magazines/panache/aryaman-doesnt-want-to-join-father-km-birlas-44-bn-family-business-will-create-his-own-legacy/articleshow/66649196.cms

Akshaypat Singhania aims at startups with a corpus of Rs 100 crores //economictimes.indiatimes.com/articleshow/66701791.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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News on Family Business [#permalink]
FROM ISB Admissions Blog: News on Family Business
Real estate is fastest-growing business in India and the opportunities are huge: Adi Godrej 

https://economictimes.indiatimes.com/ma ... aign=cppst

 

3rd-Gen Filipino Entrepreneur Leaves Legal Practice in US to Head Family Business

 

https://www.entrepreneur.com/article/323797

Victor Li Wants New China Tech to Transform Father’s Old Empire

https://www.bloomberg.com/news/articles ... old-empire

Leela Suitor Is Said to Plan Overseas Expansion for Indian Chain

https://www.bloomberg.com/news/articles ... dian-chain
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Fair winds, smooth waves and Sha-no Varuna! [#permalink]
FROM ISB Admissions Blog: Fair winds, smooth waves and Sha-no Varuna!
While in the Navy, I gained diverse leadership experience, of both uniformed and civilian teams, in operational and technical tasks. On the verge of my transition, I was curious if, and how, these would translate into the corporate sector. Along with this, I wanted a foundation in Business concepts across Strategy, Finance, Branding and Marketing, which I had not been exposed to earlier, but would need in senior leadership roles going forward. I am delighted that the Indian School of Business (ISB) provided me with all the necessary attributes and more via its Post Graduate Programme in Management (PGP).

From being elected President of and by the largest PGP Class, till date, to spending late nights with the much younger, but incredibly talented, cohort chasing goals in academics and sports; to balancing the hectic campus life with spending time with my family that lived outside the campus – that one year gave me the grounding and time management skills that I did not even know I needed. I was then selected into one of the most coveted B-School placement avenues – the Amazon Pathways programme, and I received the Global Student leadership award by the top 70 B-Schools. These were the things dreams were made of for me.



About 18 months after my graduation, I look back with a smile at the astute of the multiple decisions made and the learnings that ISB and its faculty and my terrific classmates have provided me with. It is these learnings that have helped me work in regions across the Middle East and North Africa in an entirely new domain of Customer Experience improvement while integrating Souq.com with Amazon post the acquisition.

As a proud retired veteran, my heartfelt greetings to all the Men and Women in White who continue to sail the blue waters to ensure that the nation can sleep in peace. A privilege to have been in such a magnificent team for two decades.

Fair winds, smooth waves and ‘Sha-no Varuna’!

Retd Cdr Shyam Nambier, Class of 2017, Senior Program Manager, Amazon
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Updates on Family Business [#permalink]
FROM ISB Admissions Blog: Updates on Family Business
Indian ultra-rich increasingly taking family office route for investments

https://www.businesstoday.in/current/economy-politics/indian-ultra-rich-increasingly-taking-family-office-route-for-investments/story/297026.html

 

Family Businesses Outperform Other Companies – The CS Family 1000 Report

https://www.tharawat-magazine.com/facts/family-businesses-outperform-other-companies-the-cs-family-1000-report/#gs.03stpt4

 

Remembering JRD Tata: The maverick entrepreneur, splendid aviator and humble leader

https://www.moneycontrol.com/news/business/remembering-jrd-tata-aviator-entrepreneur-humanitarian-3231821.html

 

Leadership and Team Management in a Family Business

https://www.entrepreneur.com/article/324280
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Family Business News [#permalink]
FROM ISB Admissions Blog: Family Business News
The Return of Tatas as India’s Steel King 

https://economictimes.indiatimes.com/in ... 065957.cms

Family Office Growth Rockets but Succession Planning Lags in India

https://www.campdenfb.com/article/family ... lags-india

Meet the Patnis: How a business family that invests together, stays together 

https://economictimes.indiatimes.com/ma ... aign=cppst

British Indian steel tycoon clinches US acquisition deal

https://www.businesstoday.in/pti-feed/b ... 97037.html
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Updates on Family Business [#permalink]
FROM ISB Admissions Blog: Updates on Family Business
Boards need to play active role in succession planning

https://www.livemint.com/Companies/jTuTKwuswyUllCtkkfDk8I/Boards-need-to-play-active-role-in-succession-planning.html

Bangkok’s riverboat queens

https://www.forbesindia.com/article/cross-border/bangkoks-riverboat-queens/51907/1

The Key to Family Longevity

https://www.campdenfb.com/article/key-family-longevity

Building a matriarchy: Women heading up family businesses

https://www.smh.com.au/business/small-business/building-a-matriarchy-women-heading-up-family-businesses-20181210-p50lcs.html
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An icon of Social Entrepreneurship [#permalink]
FROM ISB Admissions Blog: An icon of Social Entrepreneurship
One of the best things about pursuing an MBA is the constant & numerous sources of inspiration you get to experience during the program. One such event happened on Aug 10th, when Indian School of Business (ISB) had the privilege of hosting ‘Cynthia Hellen’ in Mohali Campus.

Cynthia Hellen is a Peruvian-American, entrepreneur, writer-producer-director, technologist, speaker and martial artist. She is the Founder and CEO of SMPLCT Lab (pronounced “simplicity lab”) a socially conscious lab based in New York, that creates sustainable products, services and experiences for people and the planet. (cited from her Linkedin Profile).

Cynthia began her session by sharing her journey from being born into a poor family in Peru to become the instrument of change & impact that she is now. At the age of 21, she decided to give up her comfortable life in the USA to go and work in Peru. Despite all the resistance that she faced from her family in the USA, she still went ahead and spent time in various regions of the country to understand the problems in that region. She made an impact by connecting the recycling centre that manufactured plastic wood at Pisco Peru with an engineering college, to help them with design, marketing & funding for 2 years.



Over the years, Cynthia has initiated many projects to improve lives, build communities and protect the environment, such as Girls Who Rock, Young Women Social Entrepreneurs, SMPLCT LAB, Innovating Women & Winning Women Series. (For more details on these projects, refer to https://www.cynthiahellen.com/projects). She spoke about Design thinking, social impact investing and the ever-increasing need for social entrepreneurs.



Cynthia spoke about gender sensitization & various stereotypes that are still present in our society. She stressed the importance of removing all biases that force us to put tags for gender. She raised questions such as “Why do you associate ‘pretty’ with a woman and ‘mechanic’ with a man”, “why can’t men be ‘pretty’, & why can’t a woman wear makeup and work as a mechanic at the same time”.

I walked into the room uninspired, lost in the noise of assignments, exams, grades and other non-relevant things, but I walked out a changed person and I thank Cynthia for bringing the enormous power of inspiration to our campus.

Kamni Saxena

PGP, Co19

 
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News on Family Businesses [#permalink]
FROM ISB Admissions Blog: News on Family Businesses
Tata Motors’ amazing turnaround in 2018!

https://www.financialexpress.com/auto/car-news/tata-motors-amazing-turnaround-in-2018-more-in-store-after-the-stunning-harrier/1425263/

Piramal Enterprises to raise Rs 2,500 crore 

https://economictimes.indiatimes.com/markets/stocks/news/piramal-enterprises-to-raise-rs-2500-crore-via-ncds/articleshow/67228692.cms

 

Why Family Businesses are Better Equipped to go Global?

https://economictimes.indiatimes.com/familybusinessforum/insights/why-family-businesses-are-better-equipped-to-go-global/familybusinessforum_show/66860347.cms

 

India’s Business Families: Redefining the roles

https://www.businesstoday.in/magazine/cover-story/indias-business-families/story/16717.html
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Tata Motors’ turnaround in 2018..Why Family Businesses are Better Equi [#permalink]
FROM ISB Admissions Blog: Tata Motors’ turnaround in 2018..Why Family Businesses are Better Equipped to go Global?
2018 has been a good year for Tata Motor’s Passenger Vehicle business, coming out of their corner swinging at the Auto Expo 2018, with the showcase of two all-new products that grabbed the public eye and brought attention to the Tata Motors brand.

Tata Motors’ amazing turnaround in 2018!

https://www.financialexpress.com/auto/car-news/tata-motors-amazing-turnaround-in-2018-more-in-store-after-the-stunning-harrier/1425263/

Piramal Enterprises Monday said it plans to raise Rs 2,500 crore by issuing non-convertible debentures (NCDs) on private placement basis.

The administrative committee of the company’s board has approved allotment of 25,000 secured redeemable NCDs having face value of Rs 10 lakh each, aggregating to Rs 2,500 crore on private placement basis, Piramal Enterprises said in a BSE filing

Piramal Enterprises to raise Rs 2,500 crore 

https://economictimes.indiatimes.com/markets/stocks/news/piramal-enterprises-to-raise-rs-2500-crore-via-ncds/articleshow/67228692.cms

As per estimates, over 90 per cent of the business in India is from family owned companies. And these range from the ‘Mom and Pop’ Kirana stores to large conglomerates and SME’s. India has about 111 publicly-listed family-owned businesses, the third highest in the world. China tops the tally with 159 such companies followed by the US with 121.

What does all this mean? If we have to look at the top 500 family businesses worldwide as a separate entity, they will constitute the third-largest economy considering that the combined annual sales amounted to $6.5 trillion.

Why Family Businesses are Better Equipped to go Global?

https://economictimes.indiatimes.com/familybusinessforum/insights/why-family-businesses-are-better-equipped-to-go-global/familybusinessforum_show/66860347.cms

 

Yesterday, it was the business as family. Today, it is the family as business. And tomorrow, it will be the business of the family to ensure that there is a future for both the business and the family.

India’s Business Families: Redefining the roles

https://www.businesstoday.in/magazine/cover-story/indias-business-families/story/16717.html
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Updates on Family Business [#permalink]
FROM ISB Admissions Blog: Updates on Family Business
Why Family Businesses Need to Find the Right Level of Conflict

https://hbr.org/2018/12/why-family-businesses-need-to-find-the-right-level-of-conflict

Leadership and Team Management in a Family Business

https://www.entrepreneur.com/article/324280

Putting in place a plan for perpetuity

https://www.thehindubusinessline.com/specials/people-at-work/putting-in-place-a-plan-for-perpetuity/article25892321.ece

VIEW FROM THE GULF: OVERCOMING SUCCESSION FEAR ITSELF

https://www.campdenfb.com/article/view-gulf-overcoming-succession-fear-itself
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News on Family Business [#permalink]
FROM ISB Admissions Blog: News on Family Business
PHILANTHROPIC INDIAN FAMILY BUSINESSES OUT-PERFORM NON-FAMILY FIRMS

https://www.campdenfb.com/article/philanthropic-indian-family-businesses-out-perform-non-family-firms

Succession planning at Emami may go the family trust way 

https://economictimes.indiatimes.com/news/company/corporate-trends/succession-planning-at-emami-may-go-the-family-trust-way/articleshow/67282254.cms

5 Benefits Of Having A Multigenerational Family Business

https://www.forbes.com/sites/nextavenue/2019/01/08/5-benefits-of-having-a-multigenerational-family-business/#18702d2a5247

Fogg maker wants CEO with a ‘family feel’ 

https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/fogg-maker-wants-ceo-with-a-family-feel/articleshow/67241705.cms
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News on Family Business [#permalink]
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