Interest: #familybusiness
Industry:
Interviewee:
Millennials work harder and more successfully to expand their family firm globally if their CEO is a fellow millennial and is not a family member.
Even as more women step into leadership roles at family firms, long-held attitudes and practices may prevent the business from realizing all the benefits they can bring.
Business thinking is rational and economic; families are highly emotional. Chaos can result when the two realms intermingle, but it can be minimized.
Pushing into new markets across geographic borders requires a family business to be more focused on possibilities…and this is where boards can make the difference.
Family firms face higher borrowing costs than non-family firms if they disclose strategic information, but having women on their boards helps them narrow the gap.
Recent events in the US Presidential race have focused many on the question: When is someone too old to lead? Here's how family firms can think things through.
Fighting caused Liam and Noel Gallagher to throw away 18 years of work. Family firms must do these five things to avoid the same fate.
