McKinsey: 4+5 equals FOB outperformance

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 decade.

The secrets of outperforming family-owned businesses: How they create value—and how you can become one

 

Photo by Javier Sierra on Unsplash