A great insight into the succession planning process from Tara Singh Vachani who is moving forward with her plans with the help of her husband. The next generation are now well-ensconced in the next project for the family firm but the process for her succession began over two years ago.
Clearly, communication and planning have played a key role in the succession process too and the piece clearly resonates in terms of common goals, consistent vision between the generations and a desire to continue to make a difference.
It has been a stressful, yet a very interesting year for Tara Singh Vachani. She is busy giving final touches to her maiden project, Antara Housing, a residential community for senior living, and shuttling between Delhi and Purukul, a village on the outskirts of Dehradun and home to the ₹650-crore property. She has also joined Max India’s board as director. After all, apart from being a wife and a daughter-in-law, and one who has family responsibilities, she is also the youngest daughter of Max Group founder Analjit Singh.