Early praises for the book:
"Jay has given family companies a gift. He explains how they work (or don't work) and provides very practical advice for growing value over generations. Keep this book open on your desk."
- John A. Davis, PhD Faculty Director, Family Enterprise Executive Programs MIT Sloan School of Management
"Jay has brought together the impressions and insights accumulated over many years of close interactions with several family businesses and entrepreneurs. Going beyond the conventional tools and solutions, Jay shares his perspectives on building lasting family businesses; that's also the unique contribution of the book."
- Kavil Ramachandran, PhD Executive Director, Thomas Schmidheiny Centre for Family Enterprise, Indian School of Business
"The leadership challenge in a Family business is unique. As a founder you devote yourself completely to the creation process and there comes a time when you need to relinquish it to others. Sadly, you sometimes find that the family legacy is destroyed because you placed your business in the wrong hands and family conflicts arise. Over the years in different capacities as a public official and as a Corporate Board member I have witnessed many such situations.
The inability of senior managers (and even Board members) to speak the unvarnished truth to the owner has destroyed long-standing companies and brought them to their knees. Likewise, when a spoilt scion gets the reins of the family business and surrounds himself with wrong advisors who flatter and pander to him, you can be sure that the death knell for the business has begun to ring.
To all business leaders and entrepreneurs, I would now recommend Jay's book, 'Succeeding in Business,' as the ideas presented go beyond family business. Given his wide international experience, in his unique way, Jay has explained in detail both the pitfalls and the preventive steps needed to design success in a business rather than let it meander its own course.
Read it, learn from it and apply it for your benefit! "
- D. Sivanandhan, IPS Independent Director and Former Director General of Police, Maharashtra
"The book presents an inside look at the functioning of family businesses. By demystifying the reasons for the success and failures, Jay has highlighted the entrepreneurial role that family business plays in an economy. Of special interest would be the chapter on the emergence of the female protagonist as women are increasingly becoming central to a family enterprise in today's India. An easy & practical read, the book offers both conceptual ideas and real-life practices.
I would recommend this book to all those who are keen to build their business in a holistic and purposeful manner with an eye on long-term value creation."
- Rajesh Mirchandani Chief Executive Officer, Dun & Bradstreet South Asia Middle East
|