Why Next Generation family members are reluctant to join family businesses
Updated : September 26, 2018 09:55 AM IST
A proper environment has to be created by the elder family member for the nextgen to thrive and sustain in the long term.
Gone are the days where the only consideration for nextgen joining the family business was of “boarding a running train” or it is “easier to settle”.
An environment has to be created where the nextgen family member is assured of positive environment where he can grow.