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So far Team - Thomas Schmidheiny Centre for Family Enterprise has created 242 blog entries.

How to advise a family business
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By | December 8, 2017|Family Business|

Providing financial advice to a family running a business is complex, according to a Europe-wide study that highlighted challenges around growing a business and managing its wealth across generations. This important advisory market segment is increasingly being impacted by a ‘war for talent’, according to [...]

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Sharing Wisdom: Lessons from successful family dynasties
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By | December 8, 2017|Family Business|

A significant minority of highly successful business-owning families excel and thrive through several generations: Miele, Follett, Takanashi, Henkel, and many more. These families have much to teach us: not only on governance, strategy and business management, but also social and environmental responsibility and economic development. [...]

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Corporate Governance, Business Growth and the role of Independent Directors
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By | December 4, 2017|Family Business|

A family business has many challenges as it grows and corporate governance is often pushed to the back burner as more urgent, not necessarily important, day to day activities and expansion concerns take up the owner managers’ time. The board is the most significant instrument [...]

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Propelling a family business forward
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By | November 24, 2017|Family Business|

At a time where many enterprises are still debating about making the move into Industry 4.0, local family business Onn Wah Precision Engineering is already powering ahead. Ambitious plans that managing director Lam Keng Yew, a second-generation business owner, has in the works include 3D [...]

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From rock bottom to a £10m family business in Gloucestershire
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By | November 20, 2017|Family Business|

Here is a question – especially for self-made businessmen and women. A man spends a decade building a business to a £10million plus turnover and then goes on holiday leaving in charge a management team with an average age less than 21. He is away [...]

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The world’s best CEO runs a family business – his example is influencing others
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By | November 20, 2017|Family Business|

Pablo Isla, the CEO of Inditex, has just been nominated as the best boss in the world by the Harvard Business Review. His success looks to be influencing other family businesses in his home country to rely more on outsiders to run their businesses. Isla, [...]

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Family business succession: from dream to reality
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By | November 13, 2017|Family Business|

A study by the EDHEC Family Business Centre shows the rate of intra-family business succession in France is below 20%. While the tax environment exerts a significant impact on the low rate of family succession, it represents only the tip of the iceberg. Researchers agree [...]

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The Common Traps of Working in Your Family’s Business
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By | November 13, 2017|Family Business|

“What’s wrong — is the company going bankrupt? Are we being sold?” For Charlie, who had joined his family’s bakery business two years after getting his MBA and earning his stripes at another company, this question from the plant manager came out of the blue. [...]

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A great example of entrepreneurship from the grandest of families
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By | November 3, 2017|Family Business|

Whether true or not, blue bloods in America and aristocrats in Europe have a reputation of blowing fortunes. When you’ve got everything the material world offers entrepreneurship isn’t a priority and fortunes can disappear fast. But no so for the scion of one of America’s [...]

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Why family businesses outperform their publicly traded rivals
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By | October 30, 2017|Family Business|

Watching New Economy starlets like Amazon steal all the headlines, it would be easy to assume family empires are a dying breed, rapidly being replaced by corporations where meritocracy rules, capital runs free, ownership is traded swiftly and the financials are posted for all to [...]

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Family togetherness and the factors leading to greater individual choice
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By | October 20, 2017|Family Business|

The concept of family togetherness has changed considerably in the Indian context in the past few decades. India was a largely holistic society in which people lived in large joint families. They shared their roof, wealth, occupation and emotions with all other members of the [...]

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Transitioning entrepreneurial ventures into family businesses
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By | October 20, 2017|Family Business|

Statistics show that family businesses employ about 80% of the labor market. Although it may be difficult to distinguish family from nonfamily businesses, in Asia (as in the rest of the world) businesses are predominantly family-owned. The character of a business changes when professionals come [...]

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Challenges faced by Family Businesses in India
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By | October 13, 2017|Family Business|

In study done by the Thomas Schmidheiny Centre for Family Enterprise at the Indian School of Business, significant trends in transition in family businesses were noticed. Leadership in family business seems to be undergoing a phenomenal change. While earlier it was autocratic, now it is [...]

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A family office in tune with the world of Africa’s startups…and much more
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By | October 13, 2017|Family Business|

Singularity, the private investment office of the Nigerian-based Dawlish family, is one of a handful of family offices based in Africa that’s investing directly in the continent’s vibrant startups. Since it was set up three years ago, Singularity has made more than 14 direct investments, [...]

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Focus on competence, not dynastic succession
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By | October 9, 2017|Family Business|

It is very difficult to generalise and say that dynastic succession is bad for family firms. In the end, firms that are well-governed and professionally managed, irrespective of being family-managed or not, are the ones that are sustainable. It is easier for the incumbent family [...]

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Using Employment Plans to Prevent Succession Setbacks in a Family Business
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By | October 9, 2017|Family Business|

It's our belief that a significant percentage of family business failures are a byproduct of families and their advisers having given comparatively much less attention to the antecedent imperative to succession planning- employment planning. Without thoughtful employment planning, families increase the risk of succession planning [...]

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Next generation of family business leaders embracing digital change, but facing hurdles
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By | October 3, 2017|Family Business|

PwC conducted in-depth conversations with 35 next gens from 21 countries and polled more than 100 additional next gens for its new report, Same passion, different paths: How the next generation of family business leaders are making their mark. ​ The results showed an incoming [...]

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Liberalisation led to the Rise of Stand Alone Family Firms
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By | October 3, 2017|Family Business|

Indian family businesses flourished and contributed significantly to the growth of the economy in the post liberalisation era   A study conducted by the Thomas Schmidheiny Centre for Family Enterprise at the Indian School of Business (ISB) reveals that liberalisation led to the rise of [...]

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Wealth & Purpose: Creating Positive Returns
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By | September 22, 2017|Family Business|

In 2008, after 27 years of working for his sixth-generation family business that founded the C&A clothing retail chain, family entrepreneur Stephen Brenninkmeijer, created Willows Investments. He discusses funding and supporting promising ventures with a social mission. What is the mission of your family? To [...]

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From entrepreneurship to family business
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By | September 22, 2017|Family Business|

The legacy of Stanfield's: Like most great entrepreneurs, Charles Stanfield was part inventor, part marketer and part gambler. When he started his textile business in 1856, the Maritimes were fertile ground for success — a fresh start from his native England. Four years ago Jon [...]

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Professional CEOs Successful in Legacy Companies when Promoters Move Beyond ‘I, Me, Myself’
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By | September 15, 2017|Family Business|

This article was first published in www.news18.com on August 21, 2017; Authors- Nupur Pavan Bang and Kavil Ramachandran Founder shareholders have the right to question the CEO if the performance is not up to the mark. But they must realize their special status as the [...]

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Dilhan C Fernando: The Next Gen Brewing Ambition at Dilmah Tea
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By | September 8, 2017|Family Business|

Dilhan Fernando is a man of faith on many levels. The youngest son of the founder of Dilmah Tea has faith in the quality of the genuine Ceylon tea they produce, faith in the philanthropic Christian tenets his father raised in him and he instils [...]

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A Founder’s Guide to Professionalizing a Family Business
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By | September 8, 2017|Family Business|

The founder of every thriving family business faces an inevitable question: How should our ways of working evolve to meet the challenges of managing a growing company? Experts typically tell founders that the answer is to professionalize, meaning that they should emulate the structures, governance, [...]

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Families aim for more control at Ford, Nordstrom
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By | September 1, 2017|Family Business|

Bill Ford, executive chairman of Ford Motor and great-grandson of founder Henry Ford, feels he didn’t get buy-in for his ideas and has installed a new CEO who he hopes will carry out his vision. The Nordstrom family is exploring taking Nordstrom Inc. private as [...]

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How three family-run Australian brands became global businesses
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By | September 1, 2017|Family Business|

Lucas' Papaw, Bundaberg Brewed Drinks, Blackmores. If not household items, these brands are certainly easy to find in pharmacies and supermarkets across Australia. All three businesses are still family owned. Their number of employees range from 30 to more than 1000, but John McLean, chief [...]

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Businesses must aspire to reach 100 years
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By | August 24, 2017|Family Business|

Family businesses face major challenges in working through ownership and management succession and family business leaders acknowledge the problem. However, few know where and how to develop a governance and succession plan. Visionaries need not go through the same periods of adversity. To preserve their [...]

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Clear vision and unity key for Sri Lanka’s family businesses
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By | August 24, 2017|Family Business|

Sri Lanka’s family business continuity will depend on their ability to have a clear vision and retaining family unity, business leader Shiromal Cooray said. “The failure to articulate the vision of the business in writing can be especially problematic as a company transitions from the [...]

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MAKING CENTS: Enhancing the odds of successful family business succession
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By | August 16, 2017|Family Business|

The odds of successfully transitioning a business from one generation to the next are extremely low. In fact, as each new generation ages to the point of needing a successor, it is even less likely that a transition to the next generation can be successfully [...]

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Family businesses need to innovate through the ranks
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By | August 7, 2017|Family Business|

Innovation needs to be more pervasive amongst all levels of staff in family businesses, according to professional services firm KPMG Singapore. Recent research by the firm shows that innovation is currently mostly limited to founders and senior people in a family business when it is [...]

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Great Investors Debate – Should You Be Investing In Family-Controlled Businesses?
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By | July 28, 2017|Family Business|

Companies in which founders and their families hold controlling stakes have the rare ability to maintain a long-term view. That can be a huge advantage, particularly when it comes to capital allocation. Should you be investing alongside them? According to data compiled by the Boston [...]

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Rothschild banking dynasty enters seventh generation
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By | July 28, 2017|Family Business|

Reputation matters to all employers, but particularly to a family business that traces its ownership back to the Napoleonic Wars, and has its own money and name on the line with every deal. Signing on with NM Rothschild & Sons has the rider that being [...]

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Family Charter and succession planning
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By | July 21, 2017|Family Business|

Family-owned businesses reaching a milestone of more than 100 years are indeed extraordinary, and Royal Selangor, a Malaysian company of Chinese descent that started in the 1880s, has proven that with a well-crafted Family Charter (constitution) and a timely succession process, the family business can [...]

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Modernising Bata’s 123 year-old family business one step at a time
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By | July 14, 2017|Family Business|

The T. & A. Bata Shoe Company was founded in the late 1800s in the Czech Republic by Tomas Bata, his brother Antonin and his sister Anna. They came from a long generation of cobblers. The family-owned international business saw its tentacles spread in the [...]

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Leadership is vital to ensure family businesses keep thriving
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By | July 14, 2017|Family Business|

It is difficult to overstate how important family businesses are. Some two-thirds of UK businesses are family-owned – 4.7 million in total. They employ more than 12 million people, approaching half of all people employed in the private sector. They generate more than a quarter [...]

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Up Close and Personal: Perspectives on Asian Family Offices
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By | July 7, 2017|Family Business|

With assets still predominately held by the first and second generations, the heads of most wealthy Asian families remain as key decision makers and they are often keen to stay actively involved in managing their own assets. This is despite the fact that many of [...]

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This Company Grew to $70 Million When the Kids Took Over for Mom and Dad
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By | July 7, 2017|Family Business|

Teddy Fong runs Million Dollar Baby, a $70 million children's furniture wholesaler his parents, Daniel and Maryann Fong, started in 1990. Almost three decades ago, Daniel Fong was a venture capitalist with an urge to start a company. He did some research and bought and [...]

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Algorithms will push investors into private companies – and family offices will lead the charge
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By | June 30, 2017|Family Business|

The investment push into private companies is one of the big investment themes of the post-financial crisis, and its just getting going. This view was reinforced by what Robert Soros, the son of one of the great investment gurus of the last 50 years, George [...]

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Overcoming the third generation conundrum
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By | June 23, 2017|Family Business|

It has been said that the first generation accumulates, the second preserves and the third squanders. And experienced bankers have seen their fair share of corporate family-based customers, so promising in earlier generations, lose direction or even implode when the grandchildren take over. Recognising the [...]

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British Empire Trust manager focuses on ‘family businesses’ for returns
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By | June 23, 2017|Family Business|

Joe Bauernfreund , who runs the £993 million British Empire Investment Trust, has revealed how he is investing in family holding companies to generate returns. The British Empire Investment Trust has increased its dividend for each of the past thirty years. The trust tends to [...]

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Why even fast growth tech firms can be family businesses
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By | June 16, 2017|Family Business|

Ve Interactive is the latest high profile name that serves as a reminder that many tech scale-ups have failed. There are many causes, but it shows that the short term goal of making the participators wealthy does not always pay off. A scale-up can engage [...]

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