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By Joachim Schwass, Willem Smit, Lise Moeller
Family businesses are the bedrock of almost all of the world’s economies. That is a very well known fact. Less well known is that, according to numerous research studies, family firms perform better than non-family businesses. In some countries, the performance of family enterprises surpasses that of non-family companies by as much as 158% over ten years!
These outstanding achievements are often attributed to the unique competitive advantages that these firms have gained over time. Particularly, family involvement encourages long-term orientation and patience, attributes that help family firms stand above the rest.
There is, however, a deeper perspective to all of this. Successful … Read more
A nationwide recall of eggs connected to widespread salmonella poisoning caused millions of wary Americans to alter their breakfast menus this summer, as federal investigators scrambled to find the source of the outbreak.
An Iowa family enterprise has been linked to the egg recall. The Des Moines Register reported that the giant DeCoster family agribusiness enterprise, which owns Wright County Egg, recalled millions of eggs it had shipped to wholesalers, distribution centers and food service companies in eight states. A New York Times article, citing a Food and Drug Administration official, said salmonella was found in feed given to pullets raised by a DeCoster … Read more
Family Business Consulting Group’s Drew Mendoza speaking at Banamex on the impact of the economic crisis on family business succession.
Billionaire investor’s letter slams Barnes & Noble chairman and family
Tuesday, August 31, 2010
Koss launches new products despite embezzlement scandal
Monday, August 30, 2010
Penny Pritzker’s directorship status changed at Hyatt
Tuesday, August 24, 2010
New CEO takes helm at Port Blakely Companies
Tuesday, August 17, 2010
September 21-22
Canadian Private Family Office Invitational
September 23
From Boeing to Growing Oliver Company
September 26-28
The 11th Annual Family Office Wealth Conference
September 30-October 2
The 21st Family Business Network International Summit
September 30
Innovation and Public Policy session at FBN summit
October 6-7
Structuring Family Business for Success
Think positive in your family business
Interviewing non-family candidates for top jobs
Determine your compensation philosophy
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