Bilkulonline.com, Surat, April 20: Indian family businesses enjoy various advantages due to their inherent characteristics and a social culture that supports their structures. However, these advantages can be destroyed if the family is not united; as the family grows, the challenge is to keep a sense of unity. The greatest challenge concerns the gap between family generations.
Recognizing the need of an hour, CII has signed an MoU with Auro University to initiate Family Business Management Program in Surat. The program is intended to provide mentorship and basic concepts of transition of business leadership from generation to generation. The course would focus primarily on issues related to business management in family owned businesses. The first batch of the course will start from August 2017.