solving people problems
of family owned businesses
family owned businesses contribute more than 75% of India’s GDP
…and this is likely to rise to 80% – 85% by 2047.
Hiring right support professionals for entrepreneurs can impact the bottom line of the Family Owned Business (FOB).
Entrepreneurs are no longer afraid to hire C-suite professionals who can supplement them with their strengths.
Sharing wisdom from successful entrepreneurs through our podcast – Visionaries Uncensored.
increased business complexities require additional support
As business complexities increase, it’s important to bring in external viewpoint in the form of professionals to ensure greater successes.
Beyond the founding generation, the generation leading the business has a profound effect on sustaining performance. As business complexity grows, it is vital to ensure effective transitions.
Leadership styles vary from the founder’s generation to the next. The proportion of bottom-performing FOBs increases with the passage of generations: from about 33 percent of first-generation-run FOBs to about 43 percent of the second generation and 46 percent of the third generation or beyond.
Bringing in professional executives who complement the capabilities and skills of the leader from the owning family can help to sustain high performance. This can ensure that the entire range of attributes required to run a successful business remain at the helm despite the passage of generations.
Source: McKinsey analysis of approximately 300 publicly listed Indian FOBS
integrating industry knowledge with recruitment expertise
VNR Advisory has a range of solutions focussed at solving ‘people problems’ for FOBs.
Deep understanding of industry landscapes, players, emerging trends, challenges & opportunities have helped VNR create range of solutions for people problems faced by FOBs
hiring & retaining talent is often a hurdle faced by FOBs
leveraging deep industry expertise for optimal outcomes
The team is grouped into verticals with each specializing in industry segment(s) to leverage deep knowledge
blended with recruitment expertise to ensure best possible outcomes.