According to a survey conducted in 2018 about the future strategic plans in family businesses in India, 49 percent of the respondents agreed that they have a costed, formalized and documented plan. Most of the Indian family businesses surveyed were medium-term strategic planners.
Distribution of strategic plans for future in family businesses in India in 2018, by type
The original questions asked were "Does your company have a strategic plan for the next 3–5 years? Has this strategic plan been fully costed, formalized and documented?".
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PwC. (June 17, 2019). Distribution of strategic plans for future in family businesses in India in 2018, by type [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1042277/india-strategic-plans-for-future-family-businesses-by-type/
PwC. "Distribution of strategic plans for future in family businesses in India in 2018, by type." Chart. June 17, 2019. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1042277/india-strategic-plans-for-future-family-businesses-by-type/
PwC. (2019). Distribution of strategic plans for future in family businesses in India in 2018, by type. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1042277/india-strategic-plans-for-future-family-businesses-by-type/
PwC. "Distribution of Strategic Plans for Future in Family Businesses in India in 2018, by Type." Statista, Statista Inc., 17 Jun 2019, https://www.statista.com/statistics/1042277/india-strategic-plans-for-future-family-businesses-by-type/
PwC, Distribution of strategic plans for future in family businesses in India in 2018, by type Statista, https://www.statista.com/statistics/1042277/india-strategic-plans-for-future-family-businesses-by-type/ (last visited November 18, 2024)
Distribution of strategic plans for future in family businesses in India in 2018, by type [Graph], PwC, June 17, 2019. [Online]. Available: https://www.statista.com/statistics/1042277/india-strategic-plans-for-future-family-businesses-by-type/