Family Business Advisory
Empowering Family Businesses for Generations
PROMAG’s Family Business Advisory aims to enhance the management and governance of family-owned enterprises. You can also learn more on this in our book, Family Business in India: A National Asset that needs to Professionalize
Mentorship & Advisory Support
Providing guidance to family businesses to navigate complex dynamics & ensure sustainable growth.
Planning & Structuring for Change & Growth
Assisting in developing strategies that accommodate both family & business needs, facilitating smooth transitions & expansions.
Corporate Strategy & Strategic Planning
Formulating long-term plans that align with the family’s vision and business goals.
Organization Development & Restructuring
Optimizing organizational structures to improve efficiency and adaptability.
These services address challenges such as succession planning, balancing family and business interests, and professionalizing operations to maintain competitiveness.
TIERRRA© Assessment Model
Central to our approach is the TIERRRA© Assessment Model, that ensured family businesses uphold fundamental values for long-term success. This framework highlights the interconnectedness of key principles, guiding businesses to not just preach values, but integrate them into their operations and governance.
Key Benefits
What PROMAG Delivers: Success Tailored to Your Vision
Customized Solutions
Tailored strategies that consider the unique dynamics of each family business.
Sustainable Growth
Strategies focused on long-term success and continuity across generations.
Conflict Resolution
Mediation and tools to address and resolve family disputes impacting the business.
Enhanced Governance
Implementation of effective governance structures to streamline decision-making.
PROMAG employs methodologies such as the development of Family Constitutions, which outline roles, responsibilities, and protocols, ensuring clarity and reducing potential conflicts.
