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 […]
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 […]
UPCOMING EVENT: IESE-IEF Foro de Reflexión para Empresarios
The Foro de Reflexión is a collaboration between IESE’s Chair of Family-Owned Business and the Instituto de Empresa Familiar designed to foster and support family business initiatives in key areas of development. On Wednesday, February 14, IESE’s Madrid campus will gather experts and entrepreneurs to exchange experiences and expand knowledge on best practices regarding “Alliances […]
Gender wage gap: fixing the ladder’s broken rung
Numerous studies blame gender-based job segregation for the stubborn gender wage gap. However, women who do the same work as men in the same company are still not paid the same as their male counterparts. This El País article highlights the findings of my rececent study with Prof. Isabel Villamor on the primary drivers of […]
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 […]
5 tips for working in your family business
After years of working alongside her parents, Parima Ijaz founded her own company as an extension of the original business. In this Forbes article, she offers five insights for people who are contemplating joining the family firm, including the importance of confidence, humility and a collaborative approach. Tips For Working With Family and Continuing Your […]
Family firms see their largest growth increase in 15 years
Family-owned firms reported their largest growth increase in 15 years according to the 11th PwC Global Family Business Survey, carried out across 82 countries between October 2022 and January 2023. Strong values, employee communication and digital capabilities are among the traits shared by top-performing family firms. PwC Global Family Business Survey Homepage image: Jonathan […]
2022-23 Annual Report
From academic sessions and new research lines to conferences and ongoing communications with our readers, the Chair of Family-Owned Business made important inroads in 2022-23 to elevate and advance the practice and knowledge of family-controlled firms. You will find all the highlights in our 2022-23 Annual Report, an overview of our team’s collective efforts to […]
How family firms are guiding the sustainability journey
Stakeholder capitalism has gone mainstream with the rise of the sustainability agenda. For family businesses, the fundamentals of shared value are well-known and woven throughout the family capitalism business model. As explored in the newly released KMPG report “A Road Well-Traveled,” family businesses have a unique opportunity to take a leadership role in guiding others […]
