Much has been written about the challenges of separating personal and professional roles in family-owned firms, but instilling family values and leadership qualities begins even earlier. This article presents findings from a recent study of 119 successors serving as CEOs in their family firms and 145 employees working directly with them to identify which parenting […]
NEWS: The messy Murdoch succession drama, explained
Rupert Murdoch’s News Corp is navigating a court case that will impact the company’s future by determining how its voting shares will be divided among his four eldest children. The outcome of the succession process could have major implications for his media empire, as well as its role in shaping U.S. and global politics. The […]
NEWS: Carlos March Delgado resigns as chairman of the board of Banca March
Carlos March Delgado has stepped down as the chairman of the board of Banca March at the age of 78 after serving as the longest-serving chairman of a Spanish bank (1974-2015). Learn more about his long and brilliant professional career (article in Spanish): Carlos March Delgado announces his resignation as chairman of the board of […]
How changes in the family can benefit the family firm
Family-owned firms must navigate continuous change in both the external business environment and their own family sphere, shaped by births, deaths, married-ins and the evolving values and objectives of each new generation. As this Forbes article explores, changes in the family–while challenging–can also be a wellspring of new energy, capabilities and ideas. How Changes in […]
Frit Ravich, a business built on trust
Judith Viader is the general manager of Frit Ravich, a second-generation company specialized in the manufacture of chips, snacks and nuts, and snack-food distributor with over 1,000 employees, exports to 27 countries and €302 million in net sales in 2023. Frit Ravich is a family business founded in 1963 by my father, Josep Maria Viader, […]
ADEFAM recognizes IESE for its entrepreneurial ecosystem
The Family Business Association of Madrid (ADEFAM) was created to support and defend the interests of family businesses in the Autonomous Community of Madrid. On April 8, IESE had the great honor of receiving an ADEFAM Award in recognition of its “complete entrepreneurial ecosystem in which they provide the advice, contacts, financing and research necessary […]
Design, management and dynamics of successful strategic alliances
Guest contributor: África Ariño Professor of Strategic Management · Holder of the Joaquim Molins Figueras Chair of Strategic Alliances · IESE As explored in the first article in this series on the conclusions drawn at the Family Business Reflection Forum, strategic alliances enable two or more companies to share resources and capabilities to either undertake […]
Women in family business
Around the world, women are increasingly taking charge of their family businesses and reaching breakthrough levels of success. In many cases, they are the first generation of women to take the reins from older male relatives. With International Women’s Day around the corner, this New York Times article about daughters of family vineyards is especially […]
Inditex, Mango and H&M join forces for the circular economy
Spain’s fashion heavyweights have joined forces to promote the circular economy. Inditex, Decathlon, H&M, Ikea, Kiabi, Mango and Tendam recently created a new association to manage textile and footwear waste generated in the Spanish market. The initiative offers a good exmple of family businesses coming together for the common good. Alianza entre Inditex, Mango y […]
Leschaco, bridging borders since 1879
Constantin Conrad (MBA-18) and Charlotte Conrad Palermo (PMD-23) share their experiences as third-generation leaders of the Leschaco Group, a global logistics service provider with operations in 24 countries and €1.2 billion in annual revenues. The origins of our family business date back to the late 1940s, when our grandfather Herbert Conrad joined Lexzau Scharbau as […]
