Navigating Executive Search in Indian Family-Owned Businesses

 

India’s vibrant economic narrative is inextricably linked to the profound influence of its family-owned businesses (FOBs). These aren’t merely enterprises; they are cornerstones of the national economy, acting as significant engines of growth and employment. Their contribution to India’s Gross Domestic Product (GDP) is estimated to be over 75%, a figure projected to climb even higher, potentially exceeding 80% by 2047, according to recent analyses by McKinsey and others. This pervasive presence underscores their pivotal role in shaping India’s industrial and commercial landscape.



Comments

Post a Comment

Popular posts from this blog

Ethical Considerations In Executive Search

Image
  Finding the most suitable candidates while upholding strong ethical standards is a difficult balance, especially at the top levels of leadership. Executive recruiting involves several potential ethical pitfalls, such as conflicts of interest and breaches of confidence, thus it is critical that all engaged act honourably and honestly. This blog examines the most important ethical issues surrounding executive searches, and provides advice on how to deal with them effectively. Read more: Ethical Considerations In Executive Search
Read more

Closing The Opportunity Gap — Helping Mid-Level Women Achieve Executive Positions

Image
Despite the increasing recognition and dedication to gender equity in the workplace, a significant challenge persists — the “broken rung” on the corporate ladder. Although numerous organizations have made progress in hiring more women at entry-level positions and even at the board level, a crucial bottleneck exists at the mid-management tier — a phase where women lag behind their male peers in promotions to senior leadership roles. This issue not only restricts individual career advancement, but also undermines organizational potential and broader initiatives aimed at diversity, equity, and inclusion (DEI). In this blog, we examine how  top retained executive search firms in India  help identify, support, and promote mid-level women and underrepresented professionals into leadership roles, and how deliberate strategies can effectively close the opportunity gap once and for all. Read More:  Closing The Opportunity Gap — Helping Mid-Level Women Achieve Executive Positions...
Read more

Hiring Your First CXO — What Every Startup Should Know

Image
  Every startup eventually encounters a pivotal moment — a time when the founding team acknowledges that passion, determination, and hard work alone are insufficient to elevate the business to the next level. Initial momentum is frequently driven by founders who take on various roles, but transforming a startup into a sustainable and competitive entity necessitates a different level of leadership. This is when the choice to recruit your first CXO arises. It represents a significant milestone that is both exciting and intimidating: exciting because it indicates growth and maturity, and intimidating because a poor hire at this level can hinder a company for years. For early-stage startups, bringing on a CXO is not merely about addressing an organizational void; it involves selecting a leader who can translate vision into strategy, instil discipline in execution, and foster confidence among investors, employees, and customers. In essence, your first CXO is not just an employee; they a...
Read more