{"id":489,"date":"2022-05-11T05:05:57","date_gmt":"2022-05-11T03:05:57","guid":{"rendered":"https:\/\/blog.iese.edu\/family-business\/?p=489"},"modified":"2023-01-09T10:07:14","modified_gmt":"2023-01-09T09:07:14","slug":"newsflash-its-time-to-challenge-the-status-quo-at-family-businesses","status":"publish","type":"post","link":"https:\/\/blog.iese.edu\/family-business\/2022\/newsflash-its-time-to-challenge-the-status-quo-at-family-businesses\/","title":{"rendered":"&#8220;It\u2019s time to challenge the status quo at family businesses&#8221;"},"content":{"rendered":"<p>How can future leaders of family firms act as <strong>responsible stewards<\/strong> of their family legacy while also serving as catalysts for <strong>necessary change<\/strong>?<\/p>\n<p>This <a href=\"https:\/\/www.strategy-business.com\/article\/Its-time-to-challenge-the-status-quo-at-family-businesses\" target=\"_blank\" rel=\"noopener noreferrer\">ESG by PwC article<\/a> explains the need for next-generation leaders to <strong>prioritize ESG factors<\/strong> in order to build their own legacy:<\/p>\n<h2><a href=\"https:\/\/www.strategy-business.com\/article\/Its-time-to-challenge-the-status-quo-at-family-businesses\" target=\"_blank\" rel=\"noopener noreferrer\">It&#8217;s time to challenge the status quo at family businesses<\/a><\/h2>\n<p>&nbsp;<\/p>\n<p><em>Homepage image: <a href=\"https:\/\/www.pexels.com\/@mac-mullins-1319876\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mac Mullins<\/a> on <\/em><a href=\"https:\/\/www.pexels.com\/photo\/person-holding-clear-glass-ball-1296265\/\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Pexels<\/em><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&#8217;s time to challenge the status quo at family businesses [&hellip;]<\/p>\n","protected":false},"author":2313,"featured_media":490,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[117510],"tags":[473,117568,117559],"class_list":["post-489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-whats-new","tag-csr","tag-esg-factors","tag-family-legacy"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"ESG by PwC explores why family-owned firms should prioritize ESG factors in order to both protect the family legacy and drive positive change.\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta 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