Succession
The author of The Successor’s Voice, a practical guide for family members navigating the rocky road to succession, talks about building up resources, empowering through knowledge sharing and development of family talent…
In this week’s FB Roundup, L’Oreal heir Francoise Bettencourt Meyers names new investment firm MD; Klaus-Michael Kuehne is to receive $4.5 billion dividends from his transport empire; and tributes are paid to 7-Eleven billionaire Masatoshi Ito.
Sooner or later, all privately-owned companies have to tackle the quandary of the generational handover, but is it better to keep it in the family or bring in fresh blood, asks Jesús Rico, professor of strategy at EAE Business School?
Some younger family members aren’t waiting for formal transitions. They’re focused on contributing today to a world that will still be sustainable in 100 years' time, says KPMG's Creagh Sudding.
Dr. Richard Orlando discusses the invisible glue that holds families together and how that can affect the success or failure of a family business.
In this week’s FB Roundup, the Mills family open an investment firm after their Medline Industries sale; a Chinese man leaves billionaire adoptive family after reuniting with his multi-millionaire birth parents; and Joseph Lau sells dozens of Hermes bags in a Sotheby’s auction.
Editor's Pick