Family business succession: from dream to reality

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 that succession is undeniably the most emotionally charged process in [...]

The Common Traps of Working in Your Family’s Business

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. He was eager to earn his colleagues’ respect, rather than [...]

A great example of entrepreneurship from the grandest of families

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 grandest families, William Amherst Vanderbilt Cecil, who died this week [...]

Why family businesses outperform their publicly traded rivals

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 see. Not quite. The family-controlled firm remains at the heart [...]

Family togetherness and the factors leading to greater individual choice

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 family. The family was always held together by its trusted [...]

Transitioning entrepreneurial ventures into family businesses

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 aboard and are given greater autonomy than family members to [...]

Challenges faced by Family Businesses in India

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 gradually becoming participative. The younger generation is joining the family [...]

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

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, with a number of these in Africa or connected to [...]

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