avatar

About Team - Thomas Schmidheiny Centre for Family Enterprise

This author has not yet filled in any details.
So far Team - Thomas Schmidheiny Centre for Family Enterprise has created 252 blog entries.

Mediterra, a Family Business Built on Bread
avatar

By | January 16, 2018|Family Business|

Mediterra Bakehouse in Pittsburg is owned by Nick Ambeliotis, a gentle Grecian giant. Ambeliotis might live and work in Pittsburgh, but he still considers Cleveland home. He grew up in Warren, Ohio, attended John Carroll University, and maintains season tickets to the Browns. For nearly [...]

Comments Off on Mediterra, a Family Business Built on Bread
avatar

Dynamics and disruptions: co-investments between venture capital and family business
avatar

By | January 5, 2018|Family Business|

Venture Capital firms (VCs) and family-owned business groups are not natural partners. VCs want strong minority rights, an ability to change management if the company underperforms, and do not mind dilution in shareholdings and control if the company’s valuation grows. By contrast, family-owned business often [...]

Comments Off on Dynamics and disruptions: co-investments between venture capital and family business
avatar

Hire professional managers to grow family business
avatar

By | January 5, 2018|Family Business|

Family businesses are a vital part of the Kenyan economy, and their continuity and success often depend on the transition from one generation to the next. In the Kenyan economy, it has been found that less than one-third of family businesses survive the transition from [...]

Comments Off on Hire professional managers to grow family business
avatar

How to keep a family business running after 200 years
avatar

By | December 29, 2017|Family Business|

The rumours that swirled around the American east coast city of Baltimore in 1895 were grossly inaccurate. The word on the street was that the Loane family business had shut. So Javez Loane, who at the time ran the business that made sails, window awnings, [...]

Comments Off on How to keep a family business running after 200 years
avatar

How the Generation Gap Affects Chinese Business Succession
avatar

By | December 29, 2017|Family Business|

A 2011 report estimated that around 80 percent of China’s private companies were family-run. If we define family enterprises as any enterprise where the founder or their family holds more than 50 percent of the shares, then they probably number in the millions. In the [...]

Comments Off on How the Generation Gap Affects Chinese Business Succession
avatar

Corporate Governance in the context of family controlled businesses
avatar

By | December 22, 2017|Family Business|

The 120 years old Godrej Group has emerged as an icon among family businesses in India, not only for its economic achievements but also for its relentless focus on achieving excellence in corporate governance. In an interview with Sougata Ray, Professor of Strategy, Indian Institute [...]

Comments Off on Corporate Governance in the context of family controlled businesses
avatar

Like Father, Like Son—Ziad Salloum on Succession in the United Arab Emirates
avatar

By | December 22, 2017|Family Business|

Ziad Salloum and his father Samir are both lawyers with expertise ranging from “day to day stuff” as Salloum Jr puts it (acquisitions, contracts, sales), to managing a business handover from one generation to next—a process arguably more about personalities than professionalism. Established in 1980 [...]

Comments Off on Like Father, Like Son—Ziad Salloum on Succession in the United Arab Emirates
avatar

Culture and Professionalisation at Hilti
avatar

By | December 18, 2017|Family Business|

Hilti Corporation is a global company that has been consistently rated as one of the best for people practices, by Fortune and the Sunday Times. Professor Kavil Ramachandran, Executive Director of the Thomas Schmidheiny Centre for Family Enterprise, Indian School of Business, in a freewheeling [...]

Comments Off on Culture and Professionalisation at Hilti
avatar

China Faces Family Business Succession Crisis
avatar

By | December 18, 2017|Family Business|

China has a problem with family businesses: a sizeable number are preparing to hand over control to the next generation. However — in a development that some say will hurt and others think might help the world’s second-biggest economy — some may not stay in [...]

Comments Off on China Faces Family Business Succession Crisis
avatar

How to advise a family business
avatar

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 [...]

Comments Off on How to advise a family business
avatar

Sharing Wisdom: Lessons from successful family dynasties
avatar

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. [...]

Comments Off on Sharing Wisdom: Lessons from successful family dynasties
avatar

Corporate Governance, Business Growth and the role of Independent Directors
avatar

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 [...]

Comments Off on Corporate Governance, Business Growth and the role of Independent Directors
avatar

Propelling a family business forward
avatar

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 [...]

Comments Off on Propelling a family business forward
avatar

From rock bottom to a £10m family business in Gloucestershire
avatar

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 [...]

Comments Off on From rock bottom to a £10m family business in Gloucestershire
avatar

The world’s best CEO runs a family business – his example is influencing others
avatar

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, [...]

Comments Off on The world’s best CEO runs a family business – his example is influencing others
avatar

Family business succession: from dream to reality
avatar

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 [...]

Comments Off on Family business succession: from dream to reality
avatar

The Common Traps of Working in Your Family’s Business
avatar

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. [...]

Comments Off on The Common Traps of Working in Your Family’s Business
avatar

A great example of entrepreneurship from the grandest of families
avatar

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 [...]

Comments Off on A great example of entrepreneurship from the grandest of families
avatar

Why family businesses outperform their publicly traded rivals
avatar

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 [...]

Comments Off on Why family businesses outperform their publicly traded rivals
avatar

Family togetherness and the factors leading to greater individual choice
avatar

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 [...]

Comments Off on Family togetherness and the factors leading to greater individual choice
avatar

Transitioning entrepreneurial ventures into family businesses
avatar

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 [...]

Comments Off on Transitioning entrepreneurial ventures into family businesses
avatar

Challenges faced by Family Businesses in India
avatar

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 [...]

Comments Off on Challenges faced by Family Businesses in India
avatar

A family office in tune with the world of Africa’s startups…and much more
avatar

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, [...]

Comments Off on A family office in tune with the world of Africa’s startups…and much more
avatar

Focus on competence, not dynastic succession
avatar

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 [...]

Comments Off on Focus on competence, not dynastic succession
avatar

Using Employment Plans to Prevent Succession Setbacks in a Family Business
avatar

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 [...]

Comments Off on Using Employment Plans to Prevent Succession Setbacks in a Family Business
avatar

Next generation of family business leaders embracing digital change, but facing hurdles
avatar

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 [...]

Comments Off on Next generation of family business leaders embracing digital change, but facing hurdles
avatar

Liberalisation led to the Rise of Stand Alone Family Firms
avatar

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 [...]

Comments Off on Liberalisation led to the Rise of Stand Alone Family Firms
avatar

Wealth & Purpose: Creating Positive Returns
avatar

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 [...]

Comments Off on Wealth & Purpose: Creating Positive Returns
avatar

From entrepreneurship to family business
avatar

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 [...]

Comments Off on From entrepreneurship to family business
avatar

Professional CEOs Successful in Legacy Companies when Promoters Move Beyond ‘I, Me, Myself’
avatar

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 [...]

Comments Off on Professional CEOs Successful in Legacy Companies when Promoters Move Beyond ‘I, Me, Myself’
avatar

Dilhan C Fernando: The Next Gen Brewing Ambition at Dilmah Tea
avatar

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 [...]

Comments Off on Dilhan C Fernando: The Next Gen Brewing Ambition at Dilmah Tea
avatar

A Founder’s Guide to Professionalizing a Family Business
avatar

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, [...]

Comments Off on A Founder’s Guide to Professionalizing a Family Business
avatar

Families aim for more control at Ford, Nordstrom
avatar

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 [...]

Comments Off on Families aim for more control at Ford, Nordstrom
avatar

How three family-run Australian brands became global businesses
avatar

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 [...]

Comments Off on How three family-run Australian brands became global businesses
avatar

Businesses must aspire to reach 100 years
avatar

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 [...]

Comments Off on Businesses must aspire to reach 100 years
avatar

Clear vision and unity key for Sri Lanka’s family businesses
avatar

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 [...]

Comments Off on Clear vision and unity key for Sri Lanka’s family businesses
avatar

MAKING CENTS: Enhancing the odds of successful family business succession
avatar

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 [...]

Comments Off on MAKING CENTS: Enhancing the odds of successful family business succession
avatar

Family businesses need to innovate through the ranks
avatar

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 [...]

Comments Off on Family businesses need to innovate through the ranks
avatar

Great Investors Debate – Should You Be Investing In Family-Controlled Businesses?
avatar

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 [...]

Comments Off on Great Investors Debate – Should You Be Investing In Family-Controlled Businesses?
avatar

Rothschild banking dynasty enters seventh generation
avatar

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 [...]

Comments Off on Rothschild banking dynasty enters seventh generation
avatar

Family Charter and succession planning
avatar

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 [...]

Comments Off on Family Charter and succession planning
avatar
Load More Posts