Family Business Transformation


Book Description

Family businesses play a pivotal role in the global economy, and their successful development is of utmost importance. This first volume of the Contemporary Issues in Family Business Entrepreneurship series, focuses on the topic of family business transformation, which is causing drastic changes in companies' strategies and business models. Decisions to adapt or change family business strategy and/or the business model are always associated with risk. Family Business Transformation integrates work on the broad topics of transformation, strategy development, business model development, with the study of family businesses to provide family business owners, managers and entrepreneurs much-needed recommendations from best practice examples and/or empirical findings that can support decision-making in regard to the future direction of their companies. This book calls for a specialized examination of the social interactions among stakeholders, substantially expanding classical management theory. Scholars of family business, entrepreneurship and strategic management, institutional libraries and postgraduate students will find it an essential read and benefit from its insights.




The 5Gs of Family Business


Book Description

The 5Gs of Family Business is an inspiring book for business-owning families—entrepreneurs, inheritors, promoters and family members with an urge to grow at 5G speed in this VUCA world! Running a successful family business is not about having a professional degree or capital; it is about a unified vision, common values, collective goals and aligned roles of the owner-families to fulflll a dream. This book is an amalgamation of management theories and practices, and anecdotes and stories encompassing five dimensions essential for the success and longevity of any family business: Genesis, Growth, Gen-next, Governance and Giving back. Family business founders and successors must increase their cumulative knowledge and deepen their understanding of the complexities of managing a family business to enable their progress from SMEs to large enterprises, and for large enterprises to stay relevant and benefit not just the family but also the community and nation.




VUCA in Start-ups


Book Description

How to Thrive as a Start-Up in an Uncertain World What motivates a start-up in its journey? Wealth and fame? Or is it hunger for innovation? VUCA in Start-Ups attempts to capture a start-up’s entrepreneurial journey and find out why some do well when others don’t. It’s a highly volatile environment out there for entrepreneurs and start-ups, thanks to the unprecedented Covid-19 crisis filled with volatility, uncertainty, complexity and ambiguity (VUCA). Many businesses that did well in the past had to shut shop as a result. So what went wrong? To find the answer, it’s important to understand what worked in the past and why a new venture must discover fresh and innovative opportunities to survive. Learn from those who chose the road less travelled, including Zomato, Paytm, Flipkart, Ola Cabs and Quikr, and discover the underlying causes for start-up successes and failures. These well-researched case studies aim to inspire those who wish to embark on an entrepreneurial journey.




Indian Family Business Mantras


Book Description




Leadership after COVID-19


Book Description

The COVID-19 pandemic has permanently changed lives around the world and no dimension of life and leadership seems to have been spared from its wrath. It has also stirred us into thinking about novel approaches to lead organizations and societies toward a shared, sustainable future. This book offers novel perspectives on leadership and change management after the COVID-19 pandemic that take us beyond striving for thriving—perspectives that are grounded in emergent theory, research and practice. It highlights sustainable leadership and change management strategies to effectively deal with unpredictable and rapidly changing situations—particularly in a world that is increasingly volatile, uncertain, complex, and ambiguous (VUCA). This book also highlights engaging perspectives by specialists from different disciplines such as business, psychology, education, and health care. It serves as a practical guide in identifying and responding to leadership challenges and opportunities in each of the four VUCA categories of volatility, uncertainty, complexity, and ambiguity—and how they affect businesses, organizations, and societies as a whole.




5G for the Connected World


Book Description

Comprehensive Handbook Demystifies 5G for Technical and Business Professionals in Mobile Telecommunication Fields Much is being said regarding the possibilities and capabilities of the emerging 5G technology, as the evolution towards 5G promises to transform entire industries and many aspects of our society. 5G for the Connected World offers a comprehensive technical overview that telecommunication professionals need to understand and take advantage of these developments. The book offers a wide-ranging coverage of the technical aspects of 5G (with special consideration of the 3GPP Release 15 content), how it enables new services and how it differs from LTE. This includes information on potential use cases, aspects of radio and core networks, spectrum considerations and the services primarily driving 5G development and deployment. The text also looks at 5G in relation to the Internet of Things, machine to machine communication and technical enablers such as LTE-M, NB-IoT and EC-GSM. Additional chapters discuss new business models for telecommunication service providers and vertical industries as a result of introducing 5G and strategies for staying ahead of the curve. Other topics include: Key features of the new 5G radio such as descriptions of new waveforms, massive MIMO and beamforming technologies as well as spectrum considerations for 5G radio regarding all possible bands Drivers, motivations and overview of the new 5G system – especially RAN architecture and technology enablers (e.g. service-based architecture, compute-storage split and network exposure) for native cloud deployments Mobile edge computing, Non-3GPP access, Fixed-Mobile Convergence Detailed overview of mobility management, session management and Quality of Service frameworks 5G security vision and architecture Ultra-low latency and high reliability use cases and enablers, challenges and requirements (e.g. remote control, industrial automation, public safety and V2X communication) An outline of the requirements and challenges imposed by massive numbers of devices connected to cellular networks While some familiarity with the basics of 3GPP networks is helpful, 5G for the Connected World is intended for a variety of readers. It will prove a useful guide for telecommunication professionals, standardization experts, network operators, application developers and business analysts (or students working in these fields) as well as infrastructure and device vendors looking to develop and integrate 5G into their products, and to deploy 5G radio and core networks.




How To Thrive In A Family Business


Book Description

What, according to you, is a family business? What are its benefits? Why do a majority of family businesses fail? Can a family business be turned to your advantage? Set around the backdrop of an enterprise that has been around for over a hundred years - the Baidyanath Group, these questions, and many more, are answered in this book on what makes family businesses tick specially beyond the third generation. As any business passes through generations and each generation passes through these various stages of life - Brahmacharya, Grihastha, Vanaprastha and Sanyas - the transition is not just difficult, but also painful, both financially and emotionally. The resultant losses of this generational paradigm are not only monetary, but also familial. Do family businesses suffer from elder son syndrome, or is early division seen as taboo? When to plan succession and should one part with ownership? Surprisingly, the business behaves as per the behaviour of the generation that manages it. Given an identical situation, the decision would vary as per the generation taking the call. Life is all about the choices we make, our decision, if right, becomes a 'virtue' for the family and the business. If not right, it becomes a 'sin'. The book serves as a guide to what not to do by every member and every generation of a family. Identifying thirty actions which are the biggest sins that hinder the prosperity and continuity of any family business, Ajay Sharma, a third-generation businessman, weaves his own experiences with in-depth research and knowledge on the subject of family business. He believes that this book will be helpful to everyone - not just the stakeholders of family businesses, but also the millions who work with these family businesses, people who are the real lifeforce.




The Winning Manager


Book Description

The author of this volume pulls together his decades of experience as a business consultant to draw up a step-by-step progression of corporate life. He discusses: the concept of a career design, choosing the correct employer and adjusting to a new environment; people skills; mentorship and its importance in growth and success in a corporate environment; the value of lifelong learning, open communication and time management; and communication skills, decision-making, creativity and ethics in an organizational framework.




Manager to CEO


Book Description

Manager to CEO is the intelligent manager`s guide to understanding and surviving in the `real` corporate environment. Designed to give professionals a comprehensive overview of the 21st century workplace, this book covers a wide range of issues that senior managers face in organizations as they go up the corporate ladder. Insightful, practical, yet thoughtful, this book provides a new perspective on progress, competition, change and many other work-life issues in a rapidly changing corporate environment. It gives unbiased and realistic recommendations, and sometimes a new slant, on issues such as power and politics, the dilemmas of a CEO, managing teams, hiring and retaining good people, creating and managing change, dealing with colleagues, bosses and subordinates, career advancement, and ethics, values and failure. Replete with real life stories, this book is a must read for senior managers, CEOs and anyone who wishes to understand the true nature of the corporate world.




100 Things to Do in Wichita Before You Die


Book Description

Wichita, aka “Doo-Dah,” is a midsize city with attractions that easily rival the nation’s largest metropolises in entertainment value. Fun awaits for all who come to discover it! 100 Things to Do in Wichita Before You Die is a bucket-list book filled cover to cover with timeless destinations and lesser known places. Dig into the burgeoning arts scene with tips for the First Friday Gallery Crawl or the Tallgrass Film Festival. Find out the story behind the 44-foot-tall Keeper of the Plains statue in downtown. Root, root, root for the home team, the Wichita Wind Surge at Riverfront Stadium. Outdoor activities, delicious dining, shopping, concerts, and a thriving arts scene scratch the surface. As they say, “Wichita is what you make it,” and around every corner is an experience waiting for you. Wichita native and travel writer Vanessa Whiteside is your personal guide to her favorite places in her much beloved hometown. Crack the spine on this book and choose an adventure in the city!