The World SME Conferences 2008 & 2009 have played a crucial role in bringing together the Policy Makers, MSMEs and other stakeholders of the MSME ecosystem, and have initiated a movement of positive change in the sector. This communicates the significance of this global platform, which acts as a think tank on the issues related to the MSMEs and assist them in unleashing their true potential.

The Indian Family Business dates back to the latter half of the 19th century, which also marks the beginning of ‘Corporatization of Business of India’. One-third of the companies listed in Fortune 500 fall under this category, Family–run Businesses have undoubtedly cemented their place in world economy. It is not surprising that Family-run Businesses currently accounts for a whopping 95% [1] of all Indian companies ( [1] Source: Family Business; Has a Future in India? By Satyajeet Pawar) 

With the underlying theme of “Family Business: Overcoming the Challenges of the New Decade” the World SME Conference 2011 will address the some of the following strategic issues of family-owned business thereby providing guiding force MSMEs in India, and assist them to realize their growth potential.

• Growing a family business - Dimensions of Entrepreneurship.

• Ownership Succession, Financial Strategies & Sources of Capital for
  transformation of family business.

• Challenges for 2nd Generation Entrepreneurs.

• Building blocks for family owned business – Creating a legacy.

• Family dynamics, communication issues & leadership empowerment.

• Transforming family business into professionally driven World Class Organizations.

• Importance of Strong Corporate Governance for family business.

Key Outcomes:

• New generation of SME entrepreneurs are discovering new opportunities. They are keen to explore new avenues in emerging sectors like Retail, Telecom, Oil & Gas, Hospitality, IT, Education, etc. An international gathering will be an ideal platform to explore and connect with these latest themes.

• The Industry needs a fresh perspective through exchange of knowledge on best management and technology practices, through interactions facilitated by international agencies, member bodies & associations. The Conference will facilitate institutionalization of a frame work covering the needs of the MSMEs.

• By analysing the efficacy of Government policies at the grassroot level and building knowledge on global SME policies that will aid in formulation of future national policies & programmes. The conference aims to galvanize the policy makers into more effective action.

• By sharing learning from success stories of Indian businesses, that started small and reached global heights, it will inspire many more growing businesses to try harder and better.

• It would provide a neutral and informed forum for addressing impediments/challenges to SME sector from a National/Regional & International perspective.

• At the culmination of the Conference, it would lay down the future agenda for all the stake holders.