Block by Block, Piece by Piece: The Story of Lego

Block by Block, Piece by Piece: The Story of Lego

How did the Kristiansen family from Denmark turn their small local toy company into Lego, perhaps the most successful and globally recognizable toy brand...
How Family Strategy Can Increase Family Cohesion and Business Connectivity

How Family Strategy Can Increase Family Cohesion and Business Connectivity

Family-owned businesses which install a family charta with binding rules are economically more successful. Moreover, a family constitution strengthens the “family peace” (emotional cohesion)...
3 Best Practices for New Product Development in Family Firms

3 Best Practices for New Product Development in Family Firms

Family business governance can substantially influence the family firms’ ability to cope with novelty, uncertainty, and complexity, and thus play a key role in...
Family Businesses in a Post-Brexit World

Scotland’s Family Businesses in a Post-Brexit World

Brexit is now a reality, and businesses across the United Kingdom are scrambling to deal with the implications of this geopolitical shift. In this podcast...
How to Grow a Luxury Brand | Ole Lynggaard

How to Grow a Luxury Brand | Ole Lynggaard

Tharawat Magazine is in Switzerland at the prestigious Baselworld fair, a global luxury trade show, and we visited Ole Lynggaard Copenhagen, one of the...
10 Inspiring Quotes by Top Family Business Leaders and Entrepreneurs

10 Inspiring Quotes by Top Family Business Leaders and Entrepreneurs

Successful family businesses and multi-generational entrepreneurs can often attribute a large number of factors to their achievements. But one key aspect that is commonly...
The Entrepreneurial Gene

The Entrepreneurial Gene

For many years, the image of family businesses has been hampered by stereotyped notions, in which it is assumed that they are slow-moving, prone...
Sparking an Attitude of Innovation in Family Businesses

Sparking an Attitude of Innovation in the Family Business

In recent studies, family firms have been shown to innovate less despite being more able to do so – namely the “ability and willingness...
UNIQLO: Secret Recipe for Success of Japan's Richest Businessman

UNIQLO: The Recipe for Success of Japan’s Richest Businessman

Usually when a business has a secret formula that has led to billions of dollars in revenue and unabashed success, it is guarded with...
How to Build an Effective A-Team

How to Build a Successful A-Team

Running a company is indeed a lonely job. CEOs and family business members have all the responsibilities of the company’s achievements on their shoulders...