Creating Confidence for Critical Conversation

Last night I got a call from Bharat, a second generation member of promoter family (4 founder brothers in 1st generation having 3 sons in 2nd generation). All seven members were active in business. They had few businesses, including a listed company. Their combined businesses were worth couple of thousand crores. The four brothers in 1st generation had worked hard to create the business from scratch. The three sons in 2nd generation had also contributed in varying degrees to the success of business. As it happens in many Indian families, the ownership share of family members was not clearly discussed....