Our Insights
A collection of our insights developed for you from our real-time client engagements, family business advice, solving their problems and delivering progress.
What is the meaning of institutionalising a family business, and why should you care?
Even the most established and sought-after family business owners ask us what institutionalisation means. Is it a new buzzword or does it hold an everlasting usefulness and importance as it claims that we must consider caring for?What is institutionalisation?Many family businesses attempt to build their name, and many aims to give meaning that never dies,
A family’s innate drive: Family first or Business first?
This orientation helps family shapes fortunes, legacy and meaning Successful business families live no dual life. One that is spoken and the other that is truly felt in the heart or, simply put, the one that is meant at the individual’s core. They learn early in their history that should they wish to create a
Family Business Succession Challenge – Part 4
Thank you for all your pouring in trust and the valuable time you took to write your succession challenges and related silent killers. You have broadened our perspective, allowed us to serve our purpose, and given us pride in fulfilling our ode to our profession (Ode to our profession). We never thought we would receive several multigenerational
Family Business Succession Challenge – Part 3
We recommend that you read Part 1 & Part 2 of this article first, if it skipped your attention. To access the article, Family Business Succession Challenge (Part 1) Have you wondered what it takes to create a dream? Did you see any family business that lasts 16 generations and are having diverse individuals sitting
What is Required for Running an Organisation in Today’s World? – Part 2
We recommend that you read Part 1 of this article first, if it skipped your attention. To access the article, What is required for running an organisation in today’s world? When we consult our clients for their cashflows to break 10-figure upwards yearly revenue, it is often a debate where they ask — “What truly
Family Business Succession Challenge – Part 2
To all those worried and concerned family businesses who read and gave beautiful scintillating feedback on the article on the succession challenge sent on 15 November, the team at SOCH and I want to thank you from the soul of our company. Going over 150 replies in the form of emails, voice mails, short videos
Family Business Succession Challenge – Part 1
Your next generation holds no genuine interest nor an intention to transform your legacy Have you wondered what it takes to create a dream? Did you see any family business that lasts 16 generations and are having diverse individuals sitting across the dinning table with multigenerational presence? Did you see any family and happen to
Leading teams – Part 3
A quick recap of the previous part of this article: At SOCH, we believe we have created an atmosphere where there are 3 essential things we take care of, to transform a group into a team and then transcend them into a force of good. (A disclaimer: We are not perfect at all but a