Family Business
Recent research by McKinsey confirms the adaptability, resilience and impact of family-owned firms, whose structures and best practices leave them uniquely equipped to navigate business challenges in uncertain times. According to the authors, family firms that combine four critical mindsets with five strategic actions have the capacity to quadruple their business value in the next…
Family Business
With corporate responsibility gaining traction around the world, more and more business leaders are considering the ethical dimensions of management. Among global scholars, pension funding is one of the hot-button topics under review. Employee pension schemes are common in the U.S. and might soon expand in Europe, where governments are considering hybrid models to solve…
Family Business
I recently had the great honor of interviewing Ibukun Awosika for IESE's This Is Real Leadership podcast. Ibukun Awosika has had a long and illustrious career as an entrepreneur, leader, speaker, former president of First Bank of Nigeria and author of several books, including The Girl Entrepreneur. In this episode, we discuss authentic leadership, decision-making…
Family Business
The family council is the ideal forum for owner families to reach consensus on the core decisions regarding their business. It is the preventive mechanism par excellence to analyze, discuss and debate critical issues, and make solid decisions based on shared criteria and commitment. In this way, family councils serve as firewalls, preventing conflicts from…