Dr. Navneet Bhatnagar

Dr. Navneet Bhatnagar

Chairperson-International Relations and

Assistant Professor - Strategy and Entrepreneurship,

Indian Institute of Management Raipur

Family Business Academic, Researcher and Advisor

Ph.D. (IIT Madras) MBA

Dr. Navneet Bhatnagar is the Chairperson-International Relations and Assistant Professor of Strategy and Entrepreneurship at IIM Raipur, India. Earlier, he served as Associate Director at the Thomas Schmidheiny Centre for Family Enterprise, Indian School of Business, Hyderabad, India. With 25 years of diverse experience in industry, academics, and family business, Prof. Navneet brings rich insights to his MBA class, executive training programmes and family business clients. He has been researching various dimensions of family businesses, which include professionalization, governance, next-generation leadership development, values, and philanthropy.

25+ Years Industry & Academic Experience
ACFBA Certified Family Firm Institute, Boston
FFI Chair 2024 Asian Circle VSG

About

Research Expertise

Prof. Navneet’s research focuses on the transformation of family firms through professionalization, governance design, and next-generation leadership development. His work examines how founder-led organizations evolve into professionally managed enterprises by institutionalizing structures, processes, and the inclusion of non-family executives. A central theme in his scholarship is the development of next-generation leaders, emphasizing capability building, value alignment, and structured succession processes. Overall, his research integrates leadership, governance, and professionalization to enhance transgenerational continuity and strategic renewal in family businesses. (Google Scholar Profile| ORCID ID)



Key Research Interests

  • Family Business Professionalisation and Governance
  • Next Generation Leadership Development in Family Business
  • New Venture Creation in Family Business
  • Values, Ethics and Philanthropy in Family Enterprise
  • Firm competencies for Service Innovation

Ad-Hoc Reviewer

  • Academy of Management Review
  • Journal of International Business Studies
  • Journal of Business Ethics
  • Journal of Family Business Strategy
  • Academy of Management Perspectives

Academic Administration Roles

Dr. Navneet Bhatnagar has held key academic administrative roles contributing to institutional governance and global engagement. As Chairperson–International Relations, he facilitated collaborations with leading international business schools and strengthened academic partnerships of IIM Raipur. In his role as the Area Chair for Strategy and Entrepreneurship, he ensured effective faculty allocation across graduate, doctoral, and executive programmes. He is also contributing to important institutional committees of IIM Raipur such as, Admissions, Media and PR, and Executive Learning and Development Centre. Earlier, as Associate Director of the Thomas Schmidheiny Centre for Family Enterprise at the Indian School of Business, Hyderabad, he led research dissemination and outreach initiatives and mentored research associates of the centre.



Professional Positions

Chairperson-International Relations

IIM Raipur - Faculty Profile Page

April 2026 - Present | (Also from April 2023 to March 2025)

Area Chair: Strategy & Entrepreneurship

IIM Raipur

2025 - 2026

Associate Director

Thomas Schmidheiny Centre for Family Enterprise

Indian School of Business, Hyderabad

2021 - 2022

Senior Researcher

Thomas Schmidheiny Centre for Family Enterprise

Indian School of Business, Hyderabad

2018 - 2021

Certifications & Leadership

Advanced Certificate in Family Business Advising (ACFBA)

Family Firm Institute, Boston, USA

2020

Chair-2024, Asian Circle VSG - Family Firm Institute

Family Firm Institute, Boston

2024

Premier institution of academicians and practitioners in the field of family business. Dr. Navneet is an Executive Committee Member of the FFI Asian Circle

Awards & Scholarships

Outstanding Reviewer Award

Family Enterprise Research Conference (FERC) - 2019

University of Vermont, Burlington, USA

FFI-GEN Global Scholarships

Fitzpatrick & Francis Family Business Continuity Foundation FFI-GEN Scholarship - 2020

de Visscher Advisers FFI-GEN Scholarship - 2018

Research & Publications

Journal Articles

Spirituality and Corporate Philanthropy in Indian Family Firms: An Exploratory Study

Bhatnagar, N., Sharma, P. & Ramachandran, K.

Journal of Business Ethics, 163(4), 715-728 (2020)

FT50 89 Citations

The role of familial socio-political forces on new venture creation in family business

Bhatnagar, N., Ray, S. & Ramachandran, K.

Cross Cultural & Strategic Management, 25(4), 550-577 (2018)

ABS 2 10 Citations

The Role of a Firm's Innovation Competence on Customer Adoption of Service Innovation

Bhatnagar, N. & Gopalaswamy, A. K.

Management Research Review, 40(4), 378-409 (2017)

ABS 1 44 Citations

Book Chapters

Professionalisation

Elgar Encyclopedia of Family Business

Edward Elgar Publishing

2024

Consultants and Advisors

Elgar Encyclopedia of Family Business

Edward Elgar Publishing

2024

Influence of Next-Generation Family Champions on New Venture Creation

De Gruyter Handbook of Business Families

De Gruyter Brill Publishing

2023

Religion and Business Families' Philanthropic Practices

Handbook of Qualitative Research Methods for Family Business

Edward Elgar Publishing

2020

180+

Total Citations

15+

Case Studies Published

25+

Media Articles

Teaching

Strategic Management - I

Core

Core course for MBA and Executive-MBA programmes

Strategies for Transgenerational Entrepreneurship

MBA Elective

Management of Multi-generational Family Businesses (taught yearly since 2024)

Strategic Aspects of Mergers and Acquisitions

MBA Elective

Taught yearly since 2022 - Popular among MBA students

Corporate Strategy

MBA Elective

Taught yearly since 2023 - Popular among MBA students

Teaching Philosophy

Prof. Bhatnagar's teaching methodology combines academic rigor with practical insights drawn from 25 years of industry and family business experience. His courses on Strategic Management, Mergers & Acquisitions, and Transgenerational Entrepreneurship are highly popular among MBA students, offering unique perspectives on family business dynamics and strategic decision-making. Be it MBA, eMBA or Executive Programmes, Dr. Navneet consistently receives very high teaching/training feedback ratings: ~4.5 or above on a 5-point scale.

Case Studies

Prof. Bhatnagar has authored over 20 family business case studies published by Harvard Business Publishing, Ivey Publishing, and Sage Business Cases. His cases have been taught at prestigious institutions including MIT, UT-Austin, and Boston College, among others, providing valuable insights into family business governance, succession, and strategic challenges.

Kirloskar Brothers' Challenge to Impel Through Family Conflicts

Sage Business Cases

2026

Steering Wockhardt Through Tough Business and Family Governance Challenges

Sage Business Cases

2026

Pidilite Industries: The Parekh Family's Quest for a Lasting Bond

Sage Business Cases

2025

Borosil Glass: In Pursuit of Sparkle!

Sage Business Cases

2024

Navigating Challenges Facing the Next-Generation Sibling Team at Lupin

Sage Business Cases

2024

Mariwala's Family Entrepreneurship Challenges (A)

Harvard Business Publishing

2023

Mariwala's Family Entrepreneurship Challenges (B)

Harvard Business Publishing

2023

Merck, Darmstadt: Sustaining Legacy Beyond 350 Years

Harvard Business Publishing

2018

Touchdown Footwear on a Slippery Slope

Harvard Business Publishing

2018

Executive Coaching & Speaking

Executive Coaching

Prof. Bhatnagar has helped several small and mid-sized Indian family businesses in dealing with their professionalization, governance, and leadership development challenges.

  • Developing Next-Generation Leadership for Family Business
  • Values and Tradition for Next-Generation Leaders
  • Personality Assessment for Job Fit in Family Business
  • Family Business Professionalization and Governance
  • Family Business Philanthropy

Speaking Engagements

Invited speaker at various prestigious forums on family business topics.

FFI Annual Global Conference

London Business School, London, UK

Session Chair & Eminent Panel Speaker

2024

Next-Generation Leadership Summit

CII-FBN (Joint event of the Confederation of Indian Industry and Family Business Network)

2021

Developing Family Business Case Studies

Sage Publishing and NUS, Singapore

2021

Media & Articles

Prof. Bhatnagar has authored several articles on family business topics for renowned publications, including Campden FB, FFI Practitioner, The Economic Times, Business Standard, Financial Express, Moneycontrol.com, and Business Today. His insights on family business governance, leadership development, and professionalization have reached a wide audience of practitioners and academics.

The Evolving Landscape of Indian Family Offices

CampdenFB, London, UK

2024

Rising to the Occasion: Next-Generation Leadership Building in Indian Family Businesses

FFI Practitioner, Boston, USA

2023

What family and non-family businesses can learn from each other

The Economic Times

2023

Managing differences in the family to prevent destruction of business and wealth

The Economic Times

2023

Leveraging the Power of An Independent Board

Financial Express

2023

Management Education in India is Poised for a Major Transformation

Business Standard

2021

Lessons from Hinduja brothers' battle

Business Standard

2020

350 Years of Family Business: Lessons from Merck

ISB Insight

2019

Family Togetherness: The Key to Business Sustenance

Asian Management Insights

2019

Pathway to Success for Professionals Working in a Family Business

The Economic Times

2018

Contact

Email

nb.acfba@gmail.com

Office

Strategy and Entrepreneurship

Indian Institute of Management Raipur

Raipur, Chhattisgarh, India

Professional Affiliations

  • Family Firm Institute (FFI), Boston, USA
  • Strategic Management Society (SMS), USA
  • Academy of Management (AoM), USA