The Role of a Family Business Mentor in India in Succession Planning
Succession is one of the most sensitive topics in any family enterprise. Founders invest decades building a business, yet many avoid discussing leadership transition. This delay often creates confusion, rivalry, and instability. A professional Family Business Mentor in India plays a crucial role in ensuring structured succession planning. In many Indian family businesses, leadership transfer is assumed rather than planned. The eldest child may be expected to take charge, or leadership may shift informally based on proximity to the founder. Such assumptions create ambiguity. A mentor helps families replace assumptions with structured clarity. Sandesh Vasant Mestry, Family Business Consultant and Mentor, believes that succession is not an event but a process. It begins years before the actual transfer of authority. The first step involves identifying potential successors based on competence, interest, and leadership ability rather than birth order alone. A Family Business Mentor...