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Content related to Family Business

Livemint – Most Family Businesses Could Improve Upon Succession Planning

“Good governance is key to long-term success, especially in family-owned business, where stakeholder relationships are often complex,” says Sonny Iqbal, co-leader of Egon Zehnder’s Global Family Business Advisory.

Emerging Markets Business – A Family Affair

In Emerging Markets Business, Egon Zehnder’s Sonny Iqbal and Richard Stark offered their perspective on one family business, Paraíso Verde, which was founded in Chile in 1911 and later fell into crisis following the loss of the founders.

Family Businesses - Relationships at Work

Managing family relationships at work is one of the thorniest issues in family-owned businesses, particularly when relationships cross generations, such as parent-child or uncle/aunt-nephew/niece. Many family members are committed to professionalism and strive to separate “work” and “family” in their dealings with each other.

The Neglected Art of Giving and Receiving Feedback

The ability to give and receive feedback is a fundamental leadership skill. Feedback improves outcomes and results, motivates performance, brings groups together, clarifies goals and objectives, clears outstanding issues and inspires development.

“Family Gravity™” and Structured CEO Succession Key Drivers to Long-Term Success of Family Businesses

In a recent study, Egon Zehnder and Family Business Network International interviewed executives at 50 of the world’s top family firms - mostly in the third or fourth generation - to discover how they unlock great leadership.

Keeping the family in family firms

What sets family businesses apart - by Prof. Dr. Sabine B. Klein and Prof. John L. Ward, Ph.D.

Financial Times – Catherine Hongxia Zhu – Succession: Best Practices for Chinese Family Businesses

As China’s first generation of family entrepreneurs grows older, an increasing number of businesses are facing the thorny succession issue, reports the Financial Times’ FTChinese.com

Leadership Succession — Best Practices from the World’s Leading Family Businesses

Leadership succession is one of the most critical and daunting tasks a family business can face. Unfortunately, there are few resources that set forth in a concise way established best practices and then provide practical guidance on their implementation.

Successful Integration and its Opportunities

The CFO candidate came for ten interviews. Ten times he spoke in great detail with the managing partner of the global family company about corporate strategy, responsibilities, and their understanding of his role. Ten times they discussed the values and culture of the organization. And then, at the end of a process which lasted many weeks, this experienced executive said “thanks, but no thanks.”

Family businesses – Best-in-Class with Minor Flaws (10th International Executive Panel)

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.

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