REWRITING A 100-YEAR LEGACY PART-XI

REWRITING A 100-YEAR LEGACY — PART XI RAISING THE GENERATION THAT WILL CARRY IT FORWARD How We Prepare the Next Generation Not Just to Inherit a Legacy Business, but to Lead It, Strengthen It and Expand It for Generations to Come What if the greatest inheritance you leave your children is not your business—but their capability to lead it without you? Dr. Abhishek Gilara belongs to the fourth generation of a family enterprise whose journey began in 1921. Today, as the fifth generation begins stepping into business through education, internships, client interactions, design, data, exhibitions, team responsibilities and real-world experience, he confronts a question every successful family entrepreneur must eventually answer: Who will carry everything forward when we are no longer sitting in the chair? Raising the Generation That Will Carry It Forward is not a book about transferring wealth. It is about transferring values, judgement, discipline, responsibility and capability. Drawing from his own family journey, Dr. Gilara explores how succession begins long before a designation is given—through what children watch, what families discuss, what behaviour elders model, what stories are repeatedly told and what kind of life children gradually learn to enjoy. From his powerful analogy that “whichever diya you pour oil into will burn brighter” to his belief that children should receive global wings without losing their roots, he presents succession as something much deeper than handing over shares. It is the deliberate preparation of another generation. A generation that can respect craftsmen and understand data. Protect heritage and embrace technology. Carry family values and challenge outdated methods. Work at the ground level before occupying the boardroom. Receive privilege without becoming entitled. And eventually do what every true successor must do: Prepare the generation after themselves. Because a company can be successful during one person’s lifetime. But an institution must learn how to survive all of us. THE REAL TEST OF LEGACY IS NOT WHAT YOUR CHILDREN INHERIT. IT IS WHO THEY HAVE BECOME BY THE TIME THEY INHERIT IT.