Families in Business face the continual challenge of aligning family expectations with business goals. The emotions, relationships, family hierarchy, and mutual respect must be delicately synchronised with the business performance.
A fine balance must be maintained between the family and the business to ensure family togetherness and business continuity for generations. Successful legacies are built on the strong foundations of family harmony and business growth.
Creating open platforms for voicing concerns, and sharing growth, builds mutual trust, transparency, and security among family members. Business Ethics, Family Values, and Culture must form the basis of all outcomes to develop traditions and create lasting success.
However, aligning family and business is not always easy. Though they depend on each other they prefer to be mutually exclusive. The alignment of the family members with the family business must be carried out through a structured methodology under the guidance of experienced experts: The Family Business Consultant, and the Life Coach, who should work in tandem to guide the Families in Business. They need to couple up themselves first.
The family, business and self, need to be tightly interwoven through Family Governance structures discussed, agreed and documented in the Family Constitution. The Board of Directors must bridge the expectations of individual family members and deliverable business goals. This grooving-in is required to propel the family business and to maintain peace among the family members.
Family Business Coach Nilesh Arora and Family Life Coach Dr Gunjan Arora have more than 25 + years of experience in advising Family Businesses, across the Asia Pacific – Africa, and the Middle East region. Both work hand in hand delicately weaving the warps of the Business and the wefts of the Family to create beautiful and long-lasting Families in Business.
Nilesh Arora is BTech. (Mech), IIM – Ahmedabad Alumnus, Certified Corporate Director CCD®, Certified Management Consultant CMC®, having more than 20 years of global experience in the field of Strategic Management, Family Business Consulting, Operational Excellence and Business Excellence.
As a Global Family Business Consultant and Executive Advisor to several Family-Owned Businesses (FOB’s) he has assisted more than 100 families and 250 organizations to date, across Africa, Middle East & Asia (AMEA) in manufacturing as well as the service sector, enhancing their revenues and equity value.
Specialities: Family Business Advisory, Business Succession Planning, Entrepreneurship, Business Coaching, Operational Excellence and Business Excellence
Dr. Gunjan Arora is MSc in human Development (Gold Medalist), MS in psychotherapy & Psychological Counselling, PhD. - Psychology (Counselling), a Certified NLP Master Practitioner, and a Certified Advanced Life Coach.
As a Life Coach, she has counselled and mentored several CEOs, business families and the next generation in aligning self, family, ownership and the business.
Specialities: Life Coaching, Relationship Management, and Family Counselling
Nilesh Arora, is a well-known Business Coach, and Dr. Gunjan Arora, a renowned Life Coach, work together in an aligned way and with a holistic approach. Being together in a Family Business Consultancy, Nilesh & Gunjan are known as the World’s First Couple Coach (WFCC).
They design a custom approach for every Family Business and even hand-hold the family members in their legacy journey.
There is much more to Life and Business, than the visible. A deeper understanding of the relationships, thorough analysis of the systems, the right framework for progress, coaching, and mentoring of the families in business, can create legacies for sure.
To know more about our Family Business Management Services in detail, write to us on: info@valueaddedcoaching.com or Call / Whatsapp: +91 9824009792