Ajay Sharma

Director Baidyanath, author, philanthropist. Read How to Thrive in a Family Business, by Ajay Sharma.
Linkedin:

[Ajay Sharma @AjayS_Official]

@ShishirJaipuria @T4EduC Way to go Shishir. 👍

[Ajay Sharma @AjayS_Official]

@airindia Connectivity and timing

[Ajay Sharma @AjayS_Official]

Yog camp today at Prayagraj.

[Ajay Sharma @AjayS_Official]

@ShishirJaipuria @EWPortal Outstanding…well deserved Shishir. Way to go.

[Ajay Sharma @AjayS_Official]

Just started reading.

[Ajay Sharma @AjayS_Official]

If at any point of time, the family, its arbitrators, or the family governance council feels the need to bend a rule of the family business, it clearly means that the rule has outlived its purpose. #HowToThriveInAFamilyBusiness

[Ajay Sharma @AjayS_Official]

#HowToThriveInAFamilyBusiness

[Ajay Sharma @AjayS_Official]

“In a family business structure, sometimes what is needed is a sense of discipline rather than creativity. You have to take everyone’s ideas & make them work. When you are dealing with money, there is a limitation on how creative you can be.”
@ashwinsanghi

[Ajay Sharma @AjayS_Official]

'If a family intends the business to remain in family hands, succession
must be considered a process, not an endpoint."
-Peter Englisch, EY Global and EMEIA Family Business
Leader

[Ajay Sharma @AjayS_Official]

I have written about it in-depth in #HowtoThriveinaFamilyBusiness.

[Ajay Sharma @AjayS_Official]

"If it ain't broke, don't fix it." Bert Lance made the statement popular, in the context of the government. Somehow, this phrase crept into business. It doesn't apply here. What might not be obviously broken, might be obsolete & hence, must be upgraded.

[Ajay Sharma @AjayS_Official]

Professionals are required in a family business to establish boundaries in the workplace. With family in the management, one can't separate business from personal, leading to conflicts. #HowToThriveInAFamilyBusiness

[Ajay Sharma @AjayS_Official]

The four stages in a family business are similar to the four stages in life as defined in our scriptures. Brahmacharya – Training
Grihasta - Transaction
Vanaprastha - Transition
Sanyas - Turn-in

More on this in my book #HowToThriveInAFamilyBusiness.
https://t.co/jCFoAwzYme

[Ajay Sharma @AjayS_Official]

I focused intensely on methods to avoid the destruction. More on this in my book https://t.co/jCFoAwzYme

[Ajay Sharma @AjayS_Official]

In my book, I‘ve drawn an analogy between Mahesh & the 3rd generation in a family business. Both have the potential to destroy. Am I Mahesh? Being the 3rd generation in a century-old family business, I’ve often asked myself this question.

[Ajay Sharma @AjayS_Official]

In a family business, the 1st generation is like Brahma, the creator. The 2nd generation, like Vishnu, preserves & grows the business. The 3rd generation can potentially destroy the business, like Mahesh. More to follow on how some businesses flourish beyond the 3rd generation.

[Ajay Sharma @AjayS_Official]

Stress builds up when we are not able to cope. And we cannot cope as we don't have the skills. The prescription to deal with stress is upgradation of skills. #HowToThriveInAFamilyBusiness

[Ajay Sharma @AjayS_Official]

Some people are fortunate in realizing their full potential by combining their passion with philanthropy. This marks the start of self-actualization which leads one to the ultimate goal of relinquishment. #HowToThriveInAFamilyBusiness