Family Business
Robust corporate governance systems in family firms shouldn’t be any different than those in well-managed non-family firms – at least in theory. In practice, it’s another story. Boards of directors in family businesses have adjacent psychological and psychosocial dimensions, and disregarding these dynamics can easily lead to tensions among board members. During my tenure as…
Family Business
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…
Family Business
At the start of a new academic year, let me first extend a warm welcome to everyone! The Chair of Family Business team is back, with our batteries fully charged and ready to continue offering you new insights and ideas to boost your firm’s performance. For my first article of 2023-24, I would like to…
Media
Just when we thought the Twitter/Musk chronicles had settled and a balance had been struck between the CEO's personality and the company's profitability, Elon Musk surprises us yet again with what could be the ultimate bold decision for Twitter. Perhaps drawing inspiration from Facebook’s rebranding, Musk is set to completely rebrand the social media platform,…