According to a survey conducted in 2018 about the people involved in strategic planning in family businesses in India, 97 percent of the respondents stated that the current owner was involved in the plan preparation. Indian family businesses also involve the next generation in the planning process.
Share of people involved in strategic planning in family businesses in India in 2018, by role
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Share of respondents
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All respondents who had a plan for the next 3-5 years answered the question "Which of the following were involved in developing and agreeing on your strategic plan?".
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PwC. (June 17, 2019). Share of people involved in strategic planning in family businesses in India in 2018, by role [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1041962/india-breakdown-of-people-involved-in-strategic-planning-in-family-businesses/
PwC. "Share of people involved in strategic planning in family businesses in India in 2018, by role." Chart. June 17, 2019. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1041962/india-breakdown-of-people-involved-in-strategic-planning-in-family-businesses/
PwC. (2019). Share of people involved in strategic planning in family businesses in India in 2018, by role. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1041962/india-breakdown-of-people-involved-in-strategic-planning-in-family-businesses/
PwC. "Share of People Involved in Strategic Planning in Family Businesses in India in 2018, by Role." Statista, Statista Inc., 17 Jun 2019, https://www.statista.com/statistics/1041962/india-breakdown-of-people-involved-in-strategic-planning-in-family-businesses/
PwC, Share of people involved in strategic planning in family businesses in India in 2018, by role Statista, https://www.statista.com/statistics/1041962/india-breakdown-of-people-involved-in-strategic-planning-in-family-businesses/ (last visited August 24, 2024)
Share of people involved in strategic planning in family businesses in India in 2018, by role [Graph], PwC, June 17, 2019. [Online]. Available: https://www.statista.com/statistics/1041962/india-breakdown-of-people-involved-in-strategic-planning-in-family-businesses/