Beyond the Blueprint: Solving the "Dead Donkey Syndrome" in Family Enterprises

In the world of professional Strategy Advisory and Consulting, we often encounter a poignant, if dark, business parable known as the "Dead Donkey Syndrome." 

It describes a situation where an organization clings to a failing legacy - ”a dead donkey” - pouring resources into its upkeep, while ignoring the vibrant potential of a new path. 

However, there is a secondary, perhaps more subtle manifestation of this syndrome: the refusal to let go of the status quo even when a clear, revitalizing roadmap for transformation has been presented.

Consultants are often brought in to act as architects of change. 

We spend months analyzing market data, stress-testing operational models, and blueprinting ambitious futures - like transforming a sprawling multi-acre commercial asset into a multi-faceted ecosystem of retail, entertainment, and hospitality. 

We envision the footfalls, the synergy of integrated amenities, and the long-term sustainability that comes from a diversified property portfolio. 

Yet, time and again, we witness these grand strategies stall before they ever leave the boardroom.

Why does this happen? 

The answer rarely lies in the quality of the strategy itself. Instead, it is rooted in the complex dynamics of ownership - particularly in multi-partner or family-led enterprises.

When a business is governed by multiple stakeholders, the "Dead Donkey Syndrome" takes on a human dimension. 

Each stakeholder brings their own risk tolerance, their own emotional attachment to the "way things were," and their own interpretations of the future. 

A professional roadmap, no matter how data-backed or visionary, is inherently disruptive. It demands movement, and for many established businesses, movement feels like a threat to the delicate internal balance of power.

This creates a paradox of paralysis. 

The owners recognize the need for change - they wouldn't seek external counsel if they were entirely satisfied with the status quo - but the inertia of consensus-building is a powerful anchor.

They find themselves in a state of "strategic limbo" where they intellectually agree that a transformation is necessary, but emotionally and operationally, they are unable to commit to the execution phase.

They remain trapped in the comfort of the familiar. 

They continue to feed the "dead donkey" of legacy operations, hoping it will miraculously sprint, rather than embracing the hard work of building a new, agile entity.

For the consultant, this is a profound lesson in the limitations of expertise. 

Strategy is not just about the "what" or the "how"; it is entirely dependent on the "will". 

Without the unified, unwavering commitment of the decision-makers to prioritize the long-term vision over short-term inertia, even the most transformative blueprints become nothing more than intellectual artifacts.

Reviving a business requires more than a plan; it requires the courage to bury the past and the collective discipline to execute a new reality. 

Until that threshold of commitment is crossed, the strategy remains a silent witness to a future that could have been, but was never given the chance to breathe.

Uttarayan and my Professional Life

On 13 Jan. 2021, I was driving back yet again to Chennai from Bangalore on my XUV500. Even as my playlist kept jumping from 90s Tamil film songs to the latest tunes, spiritual discourses to FM Radio, my thoughts kept wandering from one to another to another. I was driving back in a spacious SUV, all alone and reasonably well placed in life than what I had imagined for myself 24 years back when I first joined the Retail Industry scooping Ice-Cream at Baskin Robbins as a part time salesman during the day, learning computer languages in the morning at NIIT and studying B. Com in the Evening College. I am ever thankful for my Stars, the Creator’s benevolence, blessings of Elders and good wishes of my close friends for where I am today in life. Professionally, Socially, personally and of course, most recently on the spiritual lane. 

It was a Makara Sankrathi / Pongal day that I landed up at Bangalore in 2004 to be part of a revolution in the making, little which I knew when I was interviewed in Oct. 2003. Even on the inaugural day of Bangalore Central in May 2004, none of us back then knew how big the Indian Retail Consumption story would grow to and that some of us would be a strategic part of it with our own tales of success, failure and most importantly, that of abundant learning.

As the playlist kept changing every few hours during my recent drive, I couldn’t help but realise how my life has been such a roller-coaster drive and that I have enjoyed, messed up and have overcome many such moments all along. The morning chills of my bike rides from my temporary stay at a cousin’s house in RT Nagar, Bangalore back in 2004 all the way to MG Road (where the Mall was located) and getting lost every now and then on my way to Jayanagar 4^th block where the Regional Office of the erstwhile Pantaloon Retail was once located gives me the chills in the spine till date. Honestly, I never thought I will come this far in my professional life, that I would write about the last 20 years every now and then and fondly recollect the moments that has made me an eternal Student of Retailing for the rest of my life.

Last Sunday, I had met a former colleague for Lunch at a posh Restobar which was once upon a time a suburban hamlet that was Sahakar Nagar. I was sharing how I could never feel “belonged” at “Bengaluru” although the city has given me so much. My retail resurrection has happened multiple times and Bangalore has lifted me up multiple times. A few other cities hold as much or more importance to me – of course Madras being my hometown is always the dearest. Every time, I enter or exit Bangalore city - the iconic arch at Attibele, the retail library that is Brigade Road / MG Road, the eponymous UB City, the wet markets of Malleswaram or Basavangudi, the Windsor Manor underpass, Mekhri Circle, the new Airport Road towards KGIA and so on – each one of them have a deep meaning and a related anecdote in my life. But the attachment is always temporary. Just that this temporary attachment turns 17 this Uttarayan season and remains an undetachable part of me forever. 

Yet again, I moved to Bangalore during Uttarayan 2020, bag and baggage for my current role at Levista. What was once supposedly a guest accommodation at my current abode in the Western suburb of Bangalore, Peenya and “the so-called home” at Chennai has now been reversed, with me spending more time at my own Bangalore Headquarters even as we march against an insurmountable business target of achieving Rs. 100 Crores of turnover for the 4 year young brand in the next 12-18 months. Am I dreaming, yes. Are dreams good, yes. Do they get achieved, sometimes yes. And how about this one, I am working harder than ever for it. 

I am once again grateful to this once-upon-a-time quaint town which has given me so much yet remains detached from my life and expects nothing from me, other than gratitude and thankfulness in my thoughts. But I vow to make this city proud of an outsider like me, in one way or another and give her the due recognition as I share a great part of my professionally somewhat-successful career to this place. 

I won’t get attached to her ever. But would always ensure that this city is always a part of me and My Retail Journey in the making. Forever.

Sleep Matters

It’s been an eternal debate if it makes sense to fly business class or first class while the seats in the Economy Class also take us to the same destination. The arguments in favour and against this topic have been featured in various magazines, articles and even International symposiums and Travel Seminars worldwide, some of which I have personally attended. 

I have had so many memorable trips within India and outside. The first stamping on my passport was a Swiss Visa when I joined BIAL in 2006. I was sent for a study tour and orientation of Zurich Airport towards Travel Retail which was also one of the shareholders of BIAL, India’s first private airport built on a PPP model. Between 2006 – 2009, I travelled 10 countries including China, speaking about Indian Aviation at Conferences in Singapore & Malaysia. My most memorable trip has been the one on Singapore Airlines in 2007 on First Class, up and down for one of those Travel Retail Conferences where I was representing Indian Aviation and presented the masterplan for BIAL. Since then, I have taken hundreds of flights and especially between 2009 – 2014, I would travel 3 days a week, over 40 times a year and would live out of my Samsonite. Almost.

Ever since becoming an Entrepreneur in 2014, I started embracing Train Travel for two reasons; obviously it saves a lot of money (and associated pangs such as taxi fares, exorbitant coffee & food costs, etc). But most importantly, I started valuing my health and time. My retail venture Smiling Baby had its first Franchise store in Coimbatore, some 500 kms south west of Chennai; a few of my clients in my consulting business “Miles2Go Advisory Services” were located across various parts of Tamil Nadu such as Madurai, Ramanathapuram, Trichy, Salem, etc. And of course, on and off trips to Bangalore as well, mostly on work. I still travel by a flight when required – but my travel plans are clear; all journeys under 500 kms (typically overnight) would be by rail and all travel upwards of 500 kms would be on a flight. Been at it for a few years now and trust me, it’s worked so well.

Now that my preferred mode is chosen, I have experimented with the options and succeeded too; For all trips on business by Air, I have started opting for the first row or middle rows for an additional fee, thanks to my height at 6’2”. And I prefer seat “D” than any other; here’s why. When I am seated on Seat D, I get elbow space which is unhindered, so I can type on my MacBook – such as this article which I have written while flying Delhi to Mumbai one late evening; No other seat allows flawless movement of right elbow than this seat. Also, an extended legroom means I get more comfort while on the flight as well as when I land – which is paramount to having an efficient workday as well as to get some good sleep in the night. As much as I bemoan the atrocious additional charges of carriers, I still think God has been kind to me to take up these small mercies – after all, it’s me who benefits more than anyone else using these preferred seats once I land. The complimentary meal along with the additional cost means I get more time (mostly on ground before departure) so I wrap up as much as I can, including calls or responding to messages and short reply-emails.

Similarly, I avoid all flights that land after 9pm – most Indian airports have International movements in the nights and the ATC would give preference for landing & parking (near the Terminal Building) to them than the Domestic ones. So, when a domestic flight gets a remote parking bay – one which is far off, it takes double the time or more to even arrive at the Baggage area and then the subsequent processes of baggage retrieval, boarding a taxi, etc. While on Trains, I have become a big fan of 1^st A/c with just 4 berths; one there is that much less noise level; two, there are no side berths which again impact my sleep and the productivity next day. This, again is based on experiences travelling with 8 persons in a single bay (3^rd A/c), or getting a raw deal of a side berth even after paying a 2^nd a/c fare. Oh, so my car drives on work or pleasure – that’s for another post. 

For me, the journey is always as important as the destination. If the journey is not a happy one, the destination will not be charming, no matter where it is. Life is similar too, And I have Miles to Go…