TOMORROW Inc: OUR 2020 LIST OF CHANGE MAKERS, LEADERS AND SCIONS

While working for our fifth edition of Tomorrow Inc. our flagship IP of generation next leaders, we make sure to come out with new names across industries who are making a mark in the family or generation run businesses. Our research starts with various sectors and people who are taking ahead the growth path to extend it to the next level. In a family business set up every generation faces challenges of their own while problems are of a different nature for a first-generation entrepreneur - the second generation always thinks about scale up from there on while the third generation thinks of diversifications of different kind. The scions you will read about in the ensuing pages made sure they bring a flavour of the current world to the business their fathers/forefathers have started. In this journey the learning has to never stop as stakes are much higher when the business has reached certain scale. All eyes are on them on how much longevity they can bring to the business. Here’s to those who re-thinking the family business.

- Punita Sabharwal

The Money Wizard

ALEXANDER GEORGE MUTHOOT, DEPUTY MANAGING DIRECTOR, THE MUTHOOT GROUP

Alexander George Muthoot formally joined the family business in the year 2006 after he returned from the US after completing his studies. Talking about his tryst with the family business, Muthoot shares, “Though I was part of the family business for about four years even prior to going to the US, but I would say my full-fledged involvement in the family business kick-started from 2006 onwards.” From attending office everyday morning along with his father M. G. George Muthoot, Chairman of The Muthoot Group of Companies to attending morning prayer at 9 a.m. sharp (which is a universal prayer across all their branches), being part of morning huddle meetings with senior functionaries, visiting various branches in Delhi and outside along with his father for business reviews were all part of his early involvement in the business.