Life, Family, and Business: Lessons from Stories is a thought-provoking compilation of short stories, skilfully interwoven with valuable interpretations and insights relevant to family businesses. The book features timeless tales, such as “The King and the Spider,” a story that exemplifies the timeless adage of perseverance, but with a unique twist. It underscores that persistence alone is insufficient; adaptability and humility in changing tactics are equally vital for success.
Premchand’s story, “The Test,” touches upon the critical decision of selecting a successor. The humbling choice of title, “The Test,” shifts the focus from the successor to the process of selection, a concept profoundly resonating with our work in family businesses.
In “Kite without a Thread,” the narrative explores the quest for personal growth and individuality, challenging the notion that family constrains one’s aspirations. It highlights the revelation that individuality can thrive within the context of family, rather than in isolation.
“The Little Girl” expands on the theme, emphasizing how our mindsets shape our perceptions of others’ actions. It serves as a poignant reminder of the value of family, the pressures they endure, and the importance of refraining from judgment.
“Panch Parmeshwar” delves into the multifaceted theme of respecting one’s position and the associated expectations. It delves into ethics, values, and their impact on the long-term sustainability of businesses, an area our partner, TD Chandrashekar, has explored extensively in his book on the influence of values on business success.
“The Interlopers” explores the theme of prejudice, manifesting as a long-standing family feud. However, the story’s conclusion challenges us to reflect on the trenches we may unknowingly dig in our own lives.
The story of the Potter from Panchatantra serves as a reminder that family business owners must assess their children’s capabilities for leadership rather than assuming their potential based on assumptions.
Sudha Murthy’s “A Journey through Desert” contrasts the lives of two boys and the diverse lessons drawn from identical experiences. It underscores the unique interpretations individuals derive from shared events. Similarly, her story “Doing What You Like is Freedom “emphasizes the complexity of child development, highlighting that fulfilling desires alone is inadequate.
“Emperor’s New Clothes,” adapted from Aesop’s Fables, underscores the rarity of individuals who candidly express their thoughts. It parallels the challenge faced by family members in both familial and business settings, emphasizing the necessity of addressing genuine concerns upfront.
This book is an enriching journey through stories that shed light on various facets of family businesses. We trust that our readers will find it as enlightening and thought-provoking as we did while curating it.