Issue 31, August 2016 – The Journey to Growth

Issue 31, August 2016 - The Journey to Growth

In Issue 31 of Tharawat Magazine, The Journey to Growth, we focus on what it takes to grow in the context of a fast-moving modern economy. Family business featured from all over the world share their lessons on how they were able to achieve such heights and explain how different mindsets, cultures, and practices contribute to the family‘s collective goal to establish a long lasting legacy.

Articles

Growth in modern times The modern economic era has changed our definition and expectations of business growth. In this article, we discuss why family companies are uniquely equipped to tackle the new challenges. In other words, the blurring of the lines...
Interview with Simon Karo, CEO, Melchizedek Hospital, Kenya In the burgeoning Kenyan healthcare sector, family-owned Melchizedek Hospital is making its mark by focusing on culture and quality. Simon Karo, CEO and second-generation family business member speaks to Tharawat Magazine about...
Interview with Taher Gozel, Head of Green Tech, Azerbaijan Azersun is a holding company based in Azerbaijan and one of the leading food producers in the Middle East and CIS countries. Founded by Adolbari Gozel and his family in the...
Interview with Maja Baumann, Board Member, Vontobel, Switzerland We do not naturally associate banking with entrepreneurship. Yet it was the entrepreneurial spirit of Jakob Vontobel, founder of illustrious Swiss private bank Vontobel, that set the foundation of his family’s legacy...
Interview with Anna Gaia, CEO of Utopia, Italy Founded less than 15 years ago, high-end Italian jewellery brand Utopia is already known internationally for its beautiful pearl-based pieces. A third-generation family business, Utopia was born out of its 70-year old...
The growth of an academic field The academic field that focuses on family businesses and multigenerational entrepreneurship started out in the mid-80s.  A handful of pioneers set arduously to work and soon slow growth transformed into a veritable boom.Over the...
When a family owns and even runs a business together, it is usually concerned very much with the same things other business owners are too. How to grow, how to keep the competition at bay, how to finance the...
Interview with Prof. Annie Koh and Esther Kong The Singapore Management University (SMU), much like its global peers, recognised over recent years the importance of family businesses for the future of Asian economies. Together with a few dozen Asian families,...
Interview with Dani Saveker, Founder, Families in Business T. Saveker and Sons was founded in 1903 in Birmingham, England. A manufacturing company for shop fittings, the family-owned business faced many highs and lows over its hundred-year history. The Saveker family...
Interview with Dominic Hadeed, Founder of Blue Waters, Trinidad and Tobago Dominic Hadeed is the eldest child and only son of an entrepreneurial father. Of Syrian origin, the Hadeed family settled in Trinidad and Tobago where Dominic’s father and uncles...
Image Source: Burst via Pexels Interview with ftcash co-founder Vaibhav Lodha, India Vaibhav Lodha comes from a family with businesses in jewellery and automobiles. But instead of inheriting the family firm, Vaibhav was determined to forge his own career. An alumnus...
By Ola al Haj Hussin, Corporate Citizenship Manager, Crescent Enterprises “Creating a strong business and building a better world are not conflicting goals – they are both essential ingredients for long-term success.” William Clay Ford, Jr. Executive Chairman, Ford Motor Company In...
How to use Live Video for your Business It is not an overstatement to say that 2016 will be known as the year of live video streaming. Whether it is the exploding watermelon, the ‘Chewbacca Mom’, or even the controversial...