Professor Sharma Delivers Keynote at Asia Pacific STEP Family Summit
- By Elizabeth Parent
Dr. Pramodita Sharma recently returned from Kaohsiung, Taiwan where she was the keynote speaker at the 2011 Asia Pacific Successful Transgenerational Entrepreneurship Practices (STEP) Family Summit.
STEP is a global applied research initiative that explores the entrepreneurial process within business families and generates solutions that have immediate application for family leaders.
Dr. Sharma spoke about “Governing a Family, a Firm, and a Family Enterprise: How a Family Enterprise can Achieve Sustainability.”
“I was amazed at how the issues faced by family enterprises around the world are so similar,” said Dr. Pramodita Sharma, of the University of Vermont School of Business Administration. “My talk provoked similar thoughts and inquiries that I have experienced in the US, Canada, Mexico and Europe.”
Participants in the Summit participants came from all over the world including Australia, Canada, Thailand, India, Malaysia, Japan, China, UK and the US. And despite the diversity, Dr. Sharma noted the unification around issues that concern leaders of family enterprises, particularly succession, trans-generational entrepreneurship, governing a growing firm and family, managing sibling relations, and motivating next generation family and non-family members.
“These are all issues that we address through our Family Business Initiative and bring to the attention of our students in our Family Business course,” said Dr. Sharma. “It was an honor for me to be invited to deliver this keynote speech at this important Summit and spread the word about our initiatives at UVM into this region of the world.”
More on the Vermont Family Business Initiative