The session "Family and Dhanda: A to Z of Succession Planning for Founders and Successors" featured advisor and author Dr Srinath Sridharan in conversation with Dr Ashutosh Paturkar. The discussion unpacked the complexities of succession in family-owned enterprises and the balance required between emotional bonds and business responsibilities.
Dr Srinath Sridharan outlined the fundamentals of governance, clarity and long-term preparation that enable smooth leadership transitions. He explored common challenges faced by family businesses, including generational gaps, unclear roles, emotional decision-making and the absence of structured succession frameworks. Case studies and real-world examples highlighted how founders and next-gen leaders can work together to build continuity and stability.
Audience interaction focused on generational conflict, role alignment and leadership readiness. The session concluded with an important reminder that strong governance and family harmony are the foundation of long-lasting family businesses.