1. How would you describe the culture of your family’s business?
The culture of my family business is to respect everyone, no matter what the post or designation of the person is. We don't have business internationally yet, but we always aim to stick to our Indian roots and Indian values.
2. In what ways are your family’s purpose and values reflected in this business culture?
The elders in our family have set great examples of how one should conduct himself/herself while working and doing business. They have made us understand the importance of holding on to our values and purpose and how crucial it is to stay disciplined while doing business. Honesty and respect are the two most important aspects of our family and everyone has to keep this in mind even in business culture.
3. How does this stage of your family business’ lifecycle contribute to, affect or erode the business and ownership dimensions of your business?
The elders of the family have always made important decisions, but in order to introduce some new and inventive ideas and thinking to our business and keep it from eroding, the elders must listen to and value what the young people have to say. It will help our company grow and advance.
4. What transition do you envisage for your family business’s lifecycle stage in the coming 10 years?
In the coming 10 years, I believe our business would have spread internationally and my brother and I will have the main authority to run the business.