Founders Talk 01 | Transforming Family Businesses in the 21st Century

Founders Talk 01 | Transforming Family Businesses in the 21st Century through the Corporate Entrepreneurship by Dr. Amarpreet Singh Ghura, Faculty - Entrepreneurship

Family businesses contribute a staggering 70% of India’s GDP! However, with a young Indian demographic that is looking towards newer technologies and geographies, focus is on shifting from traditional businesses to technology enabled businesses that are global in nature. The younger work force brings in its own mindset, energy and drive to achieve impact, and the capability to respond well to challenges.

Indian Family Managed Businesses have started to transform themselves by implementing the culture of corporate entrepreneurship. The basic thesis of this session is to highlight:

- What is corporate entrepreneurship and its dimensions
- Need and benefits of corporate entrepreneurship for family managed businesses
- Measuring the readiness of family businesses for corporate entrepreneurship
- How next generation leaders can positively contribute and lead family businesses

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