The pandemic may actually have proven to be a blessing in disguise for several family businesses contending with such fault lines. Business families should make use of this time of togetherness forced on them to relook at some of the underlying issues
A look at the knowns, the unknowns, and the strategies to avoid the biggest risks, including the dreaded supply chain in India's mass vaccination plan
The beneficiaries of philanthropy by family businesses are largely restricted to the local community, with business families acting as if they were stewards in their communities
Leading e-commerce companies must design a new business model that will enhance their net margins, and make for a sustainable business competitiveness and continuity
During Covid-19, shoppers are looking only for essential products offered by reliable national and regional brands, research shows
Intel originally had strengths in being vertically integrated, but these advantages seem to be coming loose, as the market is getting newer entrants who are more efficient in doing the same activities that Intel was earlier doing in-house
There is no shortcut for managing people during these tough times. It is evident that though each person's situation and experience is varied, it all funnels down to the same 4 C's which must be adopted to navigate through a black swan.
The availability of timely and precise data capturing structured and unstructured information then becomes critical for ensuring that loans given to the MSME sector may be used productively and that such lending does not end up affecting the stability of the financial sector
What should brands 'do' or 'not do'? These are defining moments that will determine the future of brands
Colleges may relook at their expectations of what a typical college / school day looks like. Instead of a full day, perhaps reduce the number of classes and finish early
An important mindset is to possess a clear short-term as well as a long-term view. This is where most current -day start-ups err, with their myopic view of growth and pursuit of revenues, burning up capital to create a buzz.