Unleashing the hidden and collective potential of the family from one generation to the other. Developing the blueprint for tapping into the planet-size opportunity.
Family Businesses face unique challenges as they grow in their size, maturity, and ambitions. These challenges could range from complex family dynamics to long-term business challenges. Drawing from the collective experience of more than 100 years over 5 different continents of serving the world’s most ambitious and progressive family businesses, we have crafted a patented framework that helps family businesses to help them achieve multi-generational success, with happiness and abundance.
Our practice of family business recognizes the power of family enterprises with the super-power of collective emotions of the family. As trusted advisors to family-owning businesses across the globe, we have the experience, integrity, and expertise to harness the power and super-power in a structured and system-oriented way for the long-term success and legacy of the family business.
The Practice of Family Business
This practice at SOCH helps your family business build its identity that lasts. We help your family business turn your unique long-term vision, values and legacy into reality. We do this by developing your family constitution, family governance, family office, succession planning, business continuity, next-generation education, transition, and leadership development. No matter at which stage you are in your family and its business, we are here to provide solutions for you to move forward.
We help our family business clients develop each of these timeless solutions in a structured and methodical way. Each of the below-listed practices is customised to the family businesses’ nature, aspirations, and challenges.
How SOCH can help
Our Latest Insights
A difference to think about. Last year, a multi-generational global Indian family business, say *Shah Family shared with us that they had drafted their written constitution with their advisors in a period of a few months but were unsuccessful in implementing the same and at the same time, they were finding themselves lost since there
In the last quarter of 2021, we have received nearly 40 new requests. Below are some of those worries by the family businesses across the nation: Worry #1: “My son isn’t interested in carrying our business forward, and I am worried what I should do with my empire and immensely scaled up business”- An esteemed
Many Indian family businesses have expressed that they have faced severe challenges in the last couple of years for their family businesses to find their long-term navigation coordinates. We came across some of those family businesses whose long-term navigation coordinates are found missing, and the near-term ones were also almost non-existent or cloudy at best.