Over 50% of gen-next hope to manage family business
It is very important to have faith in the younger generation who is fully equipped to handle their exposure to world class business environment and practices which help them to perform better in real business situations, say experts
Today’s youth has a completely different take on business and lifestyle compared to the previous generation; so there exists huge generation, credibility and communication gaps. Despite all this, more than 50% of the next generation is hoping to manage their family business in the future, according to a report, titled Succession planning - family, legacy and you, by professional services firm PwC India. PwC surveyed 147 individuals in India and 2,939 people globally for the report.
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