Fireside Chat with Ajay Sharma
Baidyanath Group — a 100+ year, three-generation family business, on the inner work, governance and internal alignment that keep a family together.
See What We'll Explore→Excerpts from the Book, Then an Open Conversation
The first 15–20 minutes draw on excerpts from Ajay Sharma’s book on inner work — the internal shifts that have to happen before any external, structural change in a family business. What follows is an open Q&A that moves from the personal to the structural: what has kept the Baidyanath Group together across three generations, and what it takes to build the same in any family enterprise.
Three Generations, One Institution
Ajay Sharma
Has kept a 100+ year old family business going across three generations. Writes on the idea that internal realignment — confronting blind spots and ego within the family — has to come before any external change succeeds, whether that change is governance, professionalization, or succession.
Six Threads, One Conversation
Opening
What has kept three generations together, across 100+ years, under one roof and one business?
Governance
Family councils, boards, retreats — did this structure grow organically, or through deliberate, phased intervention?
Internal Change
Blind spots and ego don't fix themselves. Who inside the family took responsibility for that shift — and how are generational gaps navigated today?
Individual Aspirations
When family members build their own ventures alongside the main business, with a different purpose or ambition, how does the family make room for it?
Professionalization
Owners, owner-managers, and professionals — how is accountability held, performance measured, and rewards decided without breaking family harmony?
Closing
If a family in the room does only one thing after today to begin their own internal realignment, what should it be?
Who’s in the Room Today
Before the session, we asked attendees to share their business profile and their most pressing challenges. Here’s what 25 EO Uttar Pradesh members told us.