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FAMILY BUSINESS IN INDIA A National Asset that needs to Professionalize

Author Name: Raju Swamy | Format: Paperback | Genre : Business, Investing & Management | Other Details

“Most of my clients are well educated, run good businesses with good potential, and are serious about improving the way they manage their business. As multi-generational multiple families, they have a basic desire to stay together and therefore seek my assistance. Since they are all experienced businessmen in a competitive world, and their time is precious, they are also clear that I must deliver value. And, to me, delivering value is to create a positive family business governance structure that also simultaneously improves business performance and results.”

1. "According to Raju Swamy, a capable and committed next generation that aligns and multiplies the vision of the previous generation is the most important legacy a Family Business can have. His focus is on achieving continuous profitable growth through ‘professionalism’ in the management of family-owned businesses. Ultimately, this developmental strategy across generations can increase the longevity of the family business." 

Jayanti Meghjibhai Patel, Executive Chairman, Meghmani Organics Ltd., Ahmedabad, India

2. "With Raju’s help and leaning on his three-plus decades of rich, ground-level learnings in this field, our family business was able to find the balance between the older generation and the new. It is his distinctive understanding in not only absorbing unconventional challenges that exist, but in also maneuvering a way through these challenges that matter to a Family Business leader." 

V.K. Surendra, Chairman, VST Group, Bangalore, India

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Raju Swamy

Raju Swamy is Advisor to Family Business at PROMAG Consultancy Services which he founded in 1985. Since then, he has consulted across a wide spectrum of Family Businesses including at least two over 100 years old, across many industries in multiple regions. Prior to founding PROMAG, Raju had nearly 18 years of professional management experience in a reputed family-promoted business group in the Automotive Components Manufacturing Sector. He is an MBA from the first batch of IIMC.  

What I have aspired to do…

"Promote a culture of enterprise and achievement, by preventing the safety and security of inherited wealth from suppressing entrepreneurial aspirations and business leadership opportunities”.

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