Triumph of Togetherness

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Triumph of Togetherness

• Anil Sainani

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The Quick Reunion

• Deependra deeply and passionately believed in the
  economic rationale of cohesion.
• He believed that more wealth could be created by
  being together because of
• Availability of more cash financial resources,
• Ability to take more risk, and
• The brothers had complementary skills.

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• He succeeded in achieving financial reunion
  within a month of partition

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• Deependra equally believed in the emotional
  rationale for reunion

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The Emotional Reunion

• Deependra Shailendra decided to use
  concepts techniques of Change Management to
  address the fissures in the family rebuild
  cohesion and bonding

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Gains of Reunion

• Tangible
• Expansion of Family Business An Engineering
  College, Readymade garments Showroom,
  Money-lending, a consulting enterprise and
  judicious investment in property
• Focused efforts on existing businesses
• Initiation into manufacturing - a new Sponge Iron
  Plant
• Evaluating New Businesses Construction/BPO
• Better education of children

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Gains of Reunion (Cont.)

• Intangible
• Enhanced Family Bonding.
• Better emotional health of individual members.
• Significant openness in Communication.
• A definite positive shift in attitudes.
• More clearly defined responsibilities.
• More Collaborative functioning.

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Key Roles in Organizational Change

• Corporate Management/Leadership
• The Consultant(s)
• The Internal Resource Person
• Implementation Team
• Chief Implementer
• Task Forces

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The Process Pre-requisites of Successful
Transformation

• Articulating and developing a shared common
  vision
• Diagnosis of the present state
• Analyzing each of the members with regard to
  readiness and capacity
• Identifying the resources necessary
• Recognizing, respecting and managing resistance

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The Process Pre-requisites of Successful
Transformation (Cont.)

• Critical mass of support
• The medium to long term perspective
• Imparting fresh perspectives
• Conviction that the change must be true
• Effective communication and collaboration
• Creating new symbols Family Motto
• Need to introduce fun excitement in the process

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The Action Starts

• Vision 2005 Written goals for the family on
  five dimensions
• Health
• Education
• Business/Career
• Quality of life
• Contribution

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The Action Starts (Cont.)

• The Six member Core Team assumes responsibility
• Learns the dynamics of Change Management
• Discusses approves the vision and strategy
• Five Task Forces are constituted with five
  members of the IT as chief facilitators
• Approves the questionnaire for diagnosis

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The Action Intensifies

• Individual sittings with the members
• To listen to their views perceptions and
• To inform them about the planned intervention
• The family meets in a mix of formal informal
  atmosphere
• The process of change change program is
  discussed
• The questionnaire is administered

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The Action Intensifies (Cont.)

• The Daily Schedule
• Get up at 6 am
• Morning Walk 30 mins
• Exercise 30 mins
• Educative Sessions/Satsangs Covering
• Health
• Proactivity
• TDC Personal Tracking Chart
• Communication
• Stress Management
• The Family Vision Statement
• The Core Family Values
• The Family Motto

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The New Environment of Openness in Communication

• Strengths Weaknesses of the Family
• The Contentious Issues were discussed
• Past hurt and accumulated grievances,
• Mutual respect Care
• Expenditure
• Can ladies of the family have pursuits outside
  home
• Hospitality extended to sisters
• Employing male servants at home
• Negative values in the family

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The Major Breakthrough

• Narendra Rekha join the bandwagon

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One Month Down The Line

• Tremendous Emotional Bonding
• Entire Family was recharged/energized
• Fully functional Task forces with clarity of
  future direction
• Many individual members had clearly written goals
  strategy with an inbuilt monitoring mechanism
  (The PTC)

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The Booster Dose

• The Change Program revisited reenacted after
  six months

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Four Years Down The Line

• The economic emotional health of the family
  and quality of life of individual family members
  has improved significantly

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The Tasks Ahead (Short term)

• Revisit Refine
• The Family Vision
• The Family Values
• The Family Motto

• Develop
• The Core Family Purpose,
• Rights of the Individual,
• The Family Code of Conduct, and
• Compensation Policy

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The Long-term Goal Develop the Family
Constitution

• Policies
• Education Mentoring Policy.
• Employment Policy.
• Compensation/Performance Evaluation Policy

• Process/Structures
• Communication,
• Conflict Resolution,
• Developing New Policy, and
• Constitution Amendment.
• Governance- Structures like Family Council FC
  Sub-Committees

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The Continuous Endeavor

• To make the journey enjoyable

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The Central Challenge

How to manage the Contradictions of Growth and
Cohesion?
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The Only True Workable Strategy

• In one sentence Jaagte Raho (Awaken), Lage
  Raho (Persevere), Khush Raho (Be Happy)
• In one word Lage Raho (Persevere)

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Thanks for Your Attention
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Language of Resistance

• This is all theory
• Nice to hear and easy to say but difficult to
  practice
• We are not in Japan
• I understand but what about others
• We need the change but you see.
• It will create more problems