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prasad kumar

Prasad Kumar

Conflicts anytime, anywhere, for any reason can be dysfunctional and disruptive. Not so with differences these can lead to creative outcomes and strengthen relationships. Differences, in fact, need to be celebrated.

How to deal with differences, conflicts in family business

by Prasad Kumar |Aug 9, 2019

Differences are here to stay as a natural human phenomenon across cultures and families. In the midst of the vicissitudes of life, a family business that strives to deal with differences openly an...

Illustration by Raj Verma

How to professionalise the family business and make it work

by Prasad Kumar |Jan 27, 2019

Professionalising the family business is critical for growth, continuity and perpetuity through multiple generations, but how exactly does this work?

Family business readings: The entrepreneurial talent pipeline - highway to continuity

by Prasad Kumar |Jun 27, 2018

The development process needs to start around the age of twelve to fifteen. Business family parents need to decide if they want to make the child ready for the road or the road ready for the child...

Family business readings: Soft preconditions for robust family trusts

by Prasad Kumar |Jun 7, 2018

While wealth consolidation, protection and transfer is the central and obvious agenda, many associated "softer" issues need attention.