Co-author: Carlos Folle Professor of marketing and family business at IEEM Escuela de Negocios at the Universidad de Montevideo whose areas of expertise include go-to-market strategy and the governance, ownership and succession of family businesses. Much has been written about the symbiotic relationship between the family and the business. When scholars and advisors describe the […]
How to foster a family culture grounded in love and service
A father watches his older daughter patiently help her little brother tie his shoelaces. She doesn’t show off or give instructions; she’s simply there, helping him at his pace until he gets it right. This simple interaction captures something profound: in a family, love isn’t measured by how we feel but in what we do […]
Family businesses are far more than surnames and shareholdings
During a business school case session, a participant asked what seemed like a simple question: “Is this a family business?” The class began with standard definitions: family ownership, board control, multiple family members in management roles…Then someone made a remark that transformed the discussion: “A family business is one where the family actively strives to […]