ISB Updates

The 10 Commandments for Family Business - Book by ISB Professor launched

The 10 Commandments for Family Business authored by Professor Kavil Ramachandran, Executive Director, Thomas Schmidheiny Centre for Family Enterprise was released by Adi Godrej, Chairman, Godrej Group and Chairman of the ISB Board, in the presence of Dr Thomas Schmidheiny, Spectrum Value Management, Ajit Rangnekar, Dean ISB and other participants at the Fifth Asian Invitational Conference on Family Business.  The book is published by Sage Publications, Delhi. 
“This is a great book that is long overdue in India. Professor Ramachandran has shared very important insights from his many years of work on family business. He has focused in this book on the most important 10 building blocks of successful family businesses. I strongly recommend it as a must read for all those associated with family business,” said Adi Godrej.
Often the significance of family business is not understood in its entirety. The purpose of this book is to help family businesses understand better the phenomenon of family business. The 10 Commandments in the book work like a handbook for business families to refer to and act upon.
A must read for members of business families, educators, students and anyone else who wants to understand how families should be run, The 10 Commandments for Family Business details the unique paradoxes, challenges, and dilemmas business families face. 
This book is written more as a practical guide or self-help manual with a set of ‘do it yourself’ tools like action plans, checklists, and templates to enable readers to introspect, self-evaluate, and develop their Family Business Governance.