Family Business Advisory

Family businesses are frequently overshadowed by major corporations, yet they make up the majority of businesses in virtually every country in the world. They are, in other words, the backbone of the economy. And the astonishing resilience and sustainability of family businesses, particularly during times of crisis, has brought them into the spotlight again. It’s time, then, for a fresh look at what makes this very traditional type of company tick. Where do family businesses draw the inspiration for their dynamism and innovation? What makes them so successful? And where are they vulnerable to tensions and conflict? In June 2011, Egon Zehnder International surveyed 720 managers worldwide, asking about their experience of family businesses.