Webinar on Governance of the Family and the Family Business: Perspectives from Women Leaders

FLO in collaboration with YPO Global Family Business Network brough together a panel of business owners from different parts of India and from varied sectors, who spoke on ‘Governance of the Family and the Family Business: Perspectives from Women Leaders.’

The speakers were Abha Dalmia, President, Grandeur Travels & Past President, FLO; Vinita Singhania, Vice Chairman and MD, JK Lakshmi Cement Ltd; Kavitha Chandran, Managing Director, Premier Cotton Mills & Past President, FLO; Alka Jalan, Founder, The Alka Jalan Foundation and Divya Oswal, Managing Director, Oswal Educare & Past Chairperson, FLO Ludhiana Chapter.  They were in Conversation with Mr Vishesh Chandiok, CEO, Grant Thornton INDIA

 The webinar was moderated by Malvika Rai, Pro Chancellor of IILM University, Past President FLO &  Spouse Forum Officer, YPO Gold South Asia Regional Chapter.

Over the last decade Family Business Management has grown into a vast science by itself. Most of the business families face unique management challenges because of the difference in the attitude and aspiration of family members.

The session explored the leadership, success plan, management, family, career and personal issues found in family owned and managed companies. While each family’s situation is unique, there are many best practices which are common to all family businesses. The discussion gave a better insight to these best practices and also highlighted the management concepts and techniques for meeting the distinct challenges in managing a successful, growing family business.