Trust has been the crux of economic exchanges since the creation of the world’s first marketplaces millennia ago. While several research studies have focused on trust in bilateral relationships, less is known about its broader social and economic ramifications and the specific role of family businesses. In this Forbes article, IESE Prof. Jeroen Neckebrouck shares […]
5 strategies for a new model of family business
As Heraclitus said more than two millennia ago, “Nothing is permanent except change,” yet the very nature of change has shifted dramatically in today’s volatile, hyperconnected and fast-paced world. Family firms are generally better equipped to weather the storm thanks to their comparatively longer-term perspective and financial resilience. Yet other traits aren’t as positive, says […]
The link between family firms and their stakeholders
Global organizations are increasingly integrating stakeholder opinions and ESG objectives in their corporate purpose, an approach that family businesses have been applying for decades. In this recently published Harvard Deusto article, I explore the essential role of purpose and why it should be viewed through a strategic lens: Profundizando en la relación entre empresas familiares […]
Family businesses have a talent-acquisition advantage
According to a recent PwC survey, next-generation leaders of family firms see talent acquisition, management, and retention as a key priority in the next two years in the wake of Covid-19 impacts and the subsequent labor market moves. In this Harvard Business Review article, the authors explore the pivotal role of talent acquisition in the […]
Annual Report 2021-22
As Aristotle said, the whole is greater than the sum of its parts, and this is certainly true of IESE’s Chair of Family-Owned Business. Looking back on the academic year, I could not be more pleased with the team’s accomplishments and contributions toward advancing the practice and knowledge of family business. We hope you enjoy […]
Bill Marriott passes the baton
Marriott International’s Chairman and Chairman of the Board, Bill Marriott, has retired after an illustrious 66-year career. Read his parting words on his last LinkedIn post as Chairman, which also features a heartwarming video with his son and successor, David. From Generation to Generation
“It’s time to challenge the status quo at family businesses”
How can future leaders of family firms act as responsible stewards of their family legacy while also serving as catalysts for necessary change? This ESG by PwC article explains the need for next-generation leaders to prioritize ESG factors in order to build their own legacy: It’s time to challenge the status quo at family businesses […]
A chat with Nobel laureate Amartya Sen
As Secretary of the Jury of the Princess of Asturias Foundation Award, I had the tremendous honor of speaking with economist and philosopher Amartya Sen, Nobel Prize in Economics and 2021 Award Winner of the Princess of Asturias in Social Sciences. Human development and human capabilities are at the heart of his work. In our […]
Financial Times: we’re in the news!
We’re happy to report that our efforts to help family-owned businesses have not gone unnoticed! We hope you enjoy this recent Financial Times article and that you help us spread the word by sharing it friends and colleagues. What can business school teach a family firm?
New times, same purpose
This is my first-ever blog post and it couldn’t be in a more ideal setting: IESE’s Family-Owned Business Blog, which today enters a new phase as Josep Tàpies advanced last week in his post. From now on, this blog will be a group effort, with contributions from every member of IESE’s Chair of Family-Owned Business’ […]