Family is much beyond mere relations.
When the time comes to show how strong the bonds are, the world can be left
spellbound. We all would agree that times have changed. People have become
realistic. The dinner time with family has been replaced with corporate
meetings and dinners. The vacations wherein the entire family would enjoy are
now being replaced with job responsibilities and deadlines. But yet there is a
way in which you can be with your family and yet have a successful career.
Confused? It is possible through Family
Managed Business.
We live in India where we are
surrounded by successful family managed businesses. We get inspired and amused
by their achievements and success stories. Then why don’t we take a step ahead
to make others read ours? Why do we underestimate our potentials by thinking
that the defined goal or objective cannot be accomplished?
Family business course is needed to understand this better. A family
managed business is highly subjective because it is individualistic in nature. Every
family member is different and so are their working mannerisms. Hence, we
notice that if the concept A works for one Family managed business, it may not
work for another family managed business.
Before pursuing a certification
program in Family managed business, understand the following core values of
this business.
Trust: There can be bad days in Family managed
business as well. But here it gets more difficult because we are dealing with
the family members and blood relations. Hence, it is very important to have
high ratio of trust factor amongst the members. Only then will the business
flourish and accomplish all the desired goals with ease.
Respect: No member should take advantage of
the family bond ever in business. You should respect the members in the office as
you respect them in the house. Dignity has to be maintained and respect should
never see a fallback. Remember, no matter how strong family relations are, one
tiny spark is enough to burn down the longest relation!
Dedication: You should justify the job you are
entitled to. There should not be any leniency in the work responsibilities as
it would have a direct effect on the stand of the Business. Through complete
dedication there isn’t any goal that is unachievable.
Institute for Future Education,
Entrepreneurship and Leadership (iFEEL) located at Lonavala is offering you 11
months Family Managed Business (FMB) program through the experts in this
industry. Being a residential business school, it is well equipped with all the
latest technologies. The campus of iFEEL is completely Wi-Fi enabled.
This residential Family Managed Business program prepares you for the 3
main stages of business transformation.
Start your business: Here you get all
the knowledge about the essentials of starting a business. In a family managed
business, this step is taken by the 1st generation and passed on to
the 2nd one.
Grow your Business: Here you would be
acquainted with knowledge of growing and sustaining your business. This stage
is generally in the hands of the 2nd generation members who explore
new ways of achieving more for the business as a whole.
Turnaround your Business: This is the
most challenging stage where most of the businesses face failure. It is
important to understand that failures are the stepping stones to success. This
is handled by the 3rd generation which is versatile and innovative.
This residential FMB program is your opportunity of giving a new face to
your current Family managed business!!
Click here for more details.
Click here for more details.
