Today, we have Mr. K. Jayshankar, the Managing Director of Empowered learning Systems, Pvt Ltd, a business consulting organization. He is an executive coach for some top global business leaders and United Nations officials.
He has also written a book on family business, “Succeeding in Business: Nurturing Values in Family Business”.
Mr. Jayshankar calls him a student of family business owing to the love he has for studying it. He discusses the family business in India, stating how some businesses have been running on for more than 300 years now. He explains how a first-generation lays the foundation for the business, the second generation consolidates it and then, it lies on the third generation to decide what to do with it.