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.
The role of mentoring in business growth
How we see the role of mentors in business growthIf teachers help you gain knowledge,If friends give you unbiased views,If parents give you wisdom,Then mentors help you build.Needless to say, the business environment today is getting highly unpredictable and complex. The changes in the past few months almost seem like changes of a decade. In
Why do growth initiatives fail?
All companies understand that the ability to sustain growth is becoming increasingly critical for any business. In fact, it has become the very source of competitive advantage for a business. This means that businesses need to continuously look for opportunities to grow and to improve. Any initiative towards growth entails changes for progress â small
The reality behind why the 43%
The reality behind why the 43% Growing a family business in todayâs changing socio-economic environment is really challenging, even baffling to certain extent. Is it not almost a clichĂ© to say that handing over the business from one generation to the other is another challenge altogether? Unfortunately, it can turn out to be a source
Creating the Next Wave of Business Growth
Estabilished in 1958, HPY Group is a leading family business, manufacturer and exporter of colour pigment products with four vertically integrated manufacturing facilities, advanced machinery and a delicated workforce of 1200 employees. The first and second-generation of the family have been working together for three decades and have sucessfully led the business to become an
Achieving sustainable business performance in changing times
âSustainableâ and âPerformanceâ are two such words which add to the meaning of each other. Performance without sustainability would be like a bubble effect that would happen once but wouldnât last. Sustainability without any performance is meaningless as there will be no results. The question that arises then is how can businesses achieve sustainable performance
The role of branding in business growth
Branding is one of the most important part of business strategy and also the least understood concept. Branding is often interchangeably used with marketing or even logo of a company. In real world, branding is much more than these. Present day businesses think of branding as a customer-facing communication. But in fact, branding is what
Ensuring the continuity of family business legacy
In 2011, Mr. Suresh Prasad and Mr. Kishor Prasad, the second generation owner of SSK Ayurveda Ltd. realised that to continue the legacy of the Family business, they will have to proactively work on the succession planning for the future generations. They did not have a clear choice of successor from the third generation and
The Shift â Sooner than we imagine
In 2015, we had been asked â Where does âleadershipâ truly come from? An impromptu response from SOCH was â âAll that our mother told us repeatedly and we chose to ignore during our childhood, had precious seeds of leadershipâ Businesses wanting to survive the impact of 21st century, whether they believe it or not,