For socially responsible firms, corporate performance is more than financial statements and shareholder returns. Looking beyond the balance sheet, they aspire to serve all stakeholders, from employees, customers and suppliers, to local communities and society at large. In the realm of family-owned firms, a core dimension of this focus is socioemotional wealth (SEW), which refers […]
Family investment companies in times of COVID19: a story of resilience
The pandemic has triggered times of unprecedented disruption for firms worldwide, highlighting the critical need for organizational resilience and flexibility. How have European family investment companies (FICs) performed in this context of uncertainty? As part of our ongoing research on European FICs, John Learmonth and I tracked a broad sample of companies, both before and […]
Digitalize your company by digitalizing your board
How is digitalization impacting our customers’ habits and behaviors? How will they interact with our products and services in 10 years’ time? How “digitally mature” is our sector? How are our competitors applying technology? What percentage of our revenues and margin could we lose over the next five years if we do nothing? What investments […]