What happens when a shared passion for entrepreneurship intersects with the transformative power of education? For Sapna K. Vishnu and her son Jeevan Vishnu Komarlaa, this unique combination has sparked a remarkable journey of growth, collaboration, and innovation within their family business, Kuberanβa renowned saree store in Bengaluruβs bustling Chickpet area. Their story transcends personal milestones, showcasing the profound impact education can have on Indian family businesses, with the S.P. Jain Institute of Management and Research (SPJIMR) at the heart of this transformation.
SPJIMRβs Centre for Family Business and Entrepreneurship (CFBE) is a trailblazer for family-run enterprises, shaping the future of Indian businesses through its visionary programmesβthe Post Graduate Programme in Family Managed Business (PGPFMB) and Ladies in Family Enterprise (LiFE). These programmes address the unique challenges of family enterprises, equipping participants with cutting-edge business strategies, leadership skills, and an in-depth understanding of modern entrepreneurship. By bridging generational divides and transforming mindsets, SPJIMR empowers entire generations, creating ripple effects that significantly contribute to Indiaβs economic growth.
The participation of a mother and son in two distinct programmes under the same roof exemplifies SPJIMRβs ability to cater to diverse audiences. While PGPFMB prepares young successors to elevate their family businesses, LiFE empowers women of the older generation to redefine their roles and lead from the forefront. This intergenerational synergy strengthens family businesses and fosters collaboration and innovation, energising Indiaβs entrepreneurial ecosystem.
For Sapna and Jeevan, their journey through structured coursework, immersive learning, and hands-on projects has redefined their approach to business and deepened their bond as a family in business. Their story illustrates how SPJIMRβs programmes are transforming family enterprises and redefining what it means to be a family united by shared values and entrepreneurial vision.
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In this exclusive dialogue, Sapna and Jeevan share their experiences, reflecting on the unique dynamics of studying together and the transformative changes they have brought to their family business.
How did your journey at SPJIMR begin?
βI began the PGPFMB in April, and it has been a phenomenal adventure. The classes, projects, and overall learning experience have truly helped me grow as an individual. I look forward to returning every monthβnot just to learn but also to connect with friends and peers.
~ Jeevan
βJeevanβs enthusiasm and the transformation he experienced through the PGPFMB inspired me to join the LiFE programme. Initially, I was hesitantβafter all, it had been years since Iβd stepped into a classroom. But once I started, I realised how engaging and conversational the learning style was. Itβs been an incredible experience, and Iβm so glad I took the leap.
~ Sapna
Traditionally, elders guided the younger generation, offering wisdom on career choices, life paths, and education. They steered the youth towards choices aligned with their values. However, times have changed. Today, the impact is often reciprocal, with the younger generation inspiring their elders. Their curiosity and enthusiasm motivate older generations to explore new opportunities. This evolving dynamic fosters mutual growth and collaboration within families, transcending age within families.
How has studying together influenced your family business decisions?
βThese programmes have streamlined how we approach business. Weβre now able to understand and relate to each otherβs ideas better. For instance, when Jeevan suggests something, I can grasp the rationale behind it much quicker because of the concepts weβve both learned.β
~ Sapna
βItβs also made it easier to present our ideas to my dad. By aligning our thoughts, weβre able to back each other up and articulate our ideas more effectively. Itβs become a collaborative process that strengthens our decision-making and helps us take bold steps forward.
~ Jeevan
What has been the biggest takeaway from these programmes for each of you?
βThe biggest takeaway has been bridging the gap in my knowledge. Coming from a non-commerce background, I always felt I lacked a theoretical understanding of business. This programme has filled that gap while also teaching me how to communicate better within the family business structure.
~ Sapna
βFor me, itβs been about perspective. I now approach decisions as a family business owner rather than an employee or corporate professional. This shift in mindset has allowed me to think strategically about how to scale our business while preserving its legacy.
~ Jeevan
How has SPJIMRβs approach to entrepreneurship education impacted your journey?
βThe LiFE programmeβs conversational and practical teaching style has been a revelation. Itβs not only about learning concepts but also applying them in real-world scenarios.β
~ Sapna
Traditionally, women have been the βsilent contributorsβ in families, often taking on the role of the βChief Emotional Officersβ who provide emotional support and stability. However, the narrative is changing, and they are now stepping into the spotlight, transforming into Chief Executive Officers, excelling in leadership and entrepreneurship. Women are proving their mettle at the forefront of businesses and enterprises, by driving growth and success.
βSPJIMR has given us a framework to innovate while staying rooted in the traditions of our business. Itβs a perfect blend of modern strategies and age-old values, which is crucial for family-run enterprises like ours.
~ Jeevan
What advice would you give to other family businesses considering education as a growth tool?
βMany families look abroad for education, but the entrepreneurial programmes offered by SPJIMR are uniquely tailored to the Indian market and its dynamics. They teach not only theoretical concepts but also practical insights specific to family businesses. I believe itβs essential for anyone involved in a family business to invest time in such programmes.β
~ Sapna
βAbsolutely! I studied in Singapore earlier, where I learned about business through a corporate lens. However, at SPJIMR, the focus is on family businesses and how to navigate their unique challenges and opportunities. This perspective has been a game-changer for me, and I recommend it to anyone looking to grow their family enterprise.
~ Jeevan
Conclusion
Sapna and Jeevanβs inspiring journey is a testament to how the right education can reshape businesses and lives. For women eager to re-enter the professional sphere or make a lasting impact in their family enterprises, and for the youth driven by an entrepreneurial mindset, SPJIMRβs programmes offer a transformative opportunity.
The LiFE and PGPFMB programmes equip members of family businesses with the tools, strategies, and confidence to navigate the complexities of the business world. They foster collaboration, innovation, and leadership.
Are you ready to step out of your comfort zone, embrace growth, and turn your vision into reality? SPJIMR is the place to start! Take a leap of faithβinvest in yourself and your dreams, and create a legacy that inspires future generations.
