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Family business articles

The latest family business articles brought to you by Tharawat Magazine.

On Core Competencies: The Creation of Powerful New Competitive Advantages

On Core Competencies: The Creation of Powerful New Competitive Advantages

Diversification brings success – it's a business advice mantra repeated often enough it verges on the platitudinal.While not entirely untrue, what the statement fails to address is the fact that many companies find success...
DLC Management

DLC Management Corp: Understanding the Value of Human Capital

This content is brought to you by the Family Enterprise Case Competition (FECC), the world's only case competition focused exclusively on family business.As the CEO of DLC Management Corp – an entrepreneurial real estate firm...
Sennheiser

Sennheiser: The Sound of Family Business Success

For audio enthusiasts and professionals alike, Sennheiser is synonymous with a superior audio experience. Channelling his passion for meticulous design, Prof Dr Fritz Sennheiser, entrepreneur and inventor, founded the company in 1945 to celebrate...
Grupo Ferré Rangel: Internationalisation, Diversification and Social Innovation

Grupo Ferré Rangel: Internationalisation, Diversification and Social Innovation

With a strategic approach that emphasises internationalisation, diversification and social innovation, Grupo Ferré Rangel, Puerto Rico's family-owned, multinational, strategic investment holding company, has achieved that delicate and powerful balance that has defined the family’s...
Sparks & Daughters: Personalised Products Made with Love

Sparks & Daughters: Personalised Products Made with Love

Deborah and Verity Sparks are the mother-and-daughter duo behind Sparks & Daughters. Born in the British countryside when Deborah began making personalised aprons at the family kitchen table over a decade ago, the business...
Symphony: Returning from the Brink of Bankruptcy to Lasting International Success

Symphony: Returning from the Brink of Bankruptcy to Lasting International Success

By identifying a niche in the hypercompetitive Indian market and maintaining a strategy of continuous product development, Symphony revolutionised the air coolers category. After making a public offering in the early 1990s, founder Achal Bakeri...
The Barrow Group: Five Generations of Construction in South Africa

The Barrow Group: Five Generations of Construction in South Africa

Over the course of its 121-year history, the Barrow Property Group grew from a small carpentry shop into one of South Africa’s leading property management and construction companies. Now in its fifth generation, the...

Family Businesses: Heeding the Call of Corporate Conscience

A study conducted over a three-year period by the Thomas Schmidheiny Centre for Family Enterprise at the Indian School of Business (ISB) revealed that more than 50 percent of firms were non-compliant with the Corporate...
Winners of UVM's Family Business Case Competition 2019

Winners of UVM’s Family Business Case Competition 2019

The world's only case competition focused exclusively on family business, the sixth FECC (Family Enterprise Case Competition) returned to its home earlier this month, the University of Vermont's Grossman School of Business. 98 competitors...
Rooted: The Story of The Forest City Tree Protection Co.

Rooted: The Story of The Forest City Tree Protection Co.

After learning the art of tree care as a college student in the early 20th century, a young WP Lanphear travelled around the northeastern United States working on such prestigious projects as the Vanderbilt...