Guest contributor: Tarek el Sehity Tarek el Sehity is a researcher and lecturer at Sigmund Freud University in Vienna. As explored in the first article of this two-part series, core family values represent a central differentiating factor between family and non-family enterprises, as well as a strategic driver. Rather than a static, top-down process, our […]
Longchamp, leadership guided by family values
Building on our previous article on the strategic importance of family values, this week we offer the real-life case of Longchamp, a family business that has successfully translated its core values into a competitive advantage. Founded in Paris in 1948, the company is led by Jean Cassegrain, a third-generation member of a family that has […]
Family values: legacy is co-created, not handed down
Guest contributor: Tarek el Sehity Tarek el Sehity is a researcher and lecturer at Sigmund Freud University in Vienna. “For things to remain the same, everything must change.” Giuseppe Tomasi di Lampedusa, The Leopard This enduring wisdom captures a fundamental truth for business families that have withstood the test of time: preserving the values that […]
Family as a value in family business
When I meet a business family, I usually start by asking about their values. With one notable exception, when my query was answered with a portfolio of stock market investments–naturally I had to redirect the conversation–most open up by sharing their personal values and those they hold as a family. In my dealings with successful, […]
WHAT’S NEW: Corporate culture, your secret sauce for strategic success
“Culture eats strategy for breakfast.” Even though this business quote is cited often, organizations still seem to struggle with making practical sense of it. For family-owned firms, investing in corporate culture is a strategically savvy move—and one that family businesses are uniquely positioned to make. Your secret sauce for strategic success Homepage image: Walls.io on […]
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 […]