Issue 32, November 2016 – Future Industries

Issue 32, November 2016 - Future Industries

Issue 32 of Tharawat Magazine examines the rise of the Fourth Industrial Revolution, and how technology and rapidly changing business models affect family businesses in the coming years.

Articles

Interview with Dr. Noah Raford, COO Dubai Future Foundation We live in an age where radical technologies such as artificial intelligence and virtual reality are no longer confined to the pages of science fiction. Today, advancements in automation and the...
The Cause and Effect of Philanthropic EndeavoursOn a peninsula straddling the Venezuela-Colombia border, by the coast of the Caribbean Sea, live the Wayuu people. As native Americans, the Wayuu have experienced severe economic and social disadvantages: in 2002, child...
Chocolate brand Prestat is famously delicious. It’s said to be the stuff that inspired famous author Roald Dahl to write Charlie and the Chocolate Factory. In fact, Dahl wrote his earlier work, My Uncle Oswald, all about the Prestat...
A story in collaboration with:Vanessa Lean, Managing Director of the Cuestamoras Family Office, Costa Rica. Guillermo Salazar, Founder & Managing Partner, Exaudi Family Business ConsultingCosta Rica is known for its beautiful natural diversity, its active volcanos and, more recently,...
Enjoying its eleventh successful year, Contemporary Istanbul is one of Turkey’s biggest modern art fairs. Born out of founder Ali Güreli’s entrepreneurial passion, it’s now a true Gureli family operation: Ali is Chairman, his wife Rabia is Vice-Chairman and...
Photo by energepic.com from PexelsThe financial industry has long been dominated by decades-old institutions. But the rise of fintech may mark the start of the greatest threat to the status quo and may even exceed the 2008 financial crisis...
Interview with Hizkia Van Kralingen, Owner Hizkia Van Kralingen, Netherlands Twenty-five years ago, young Hizkia Van Kralingen stubbornly told his father that he would only join the third generation family removals business if he could do things his way. That...
Photo by JESHOOTS.com from PexelsFamed English historian Lord Acton once said, “Power tends to corrupt, and absolute power corrupts absolutely.” The pages of history are filled with political, economic and military greats who, upon amassing great power, succumbed to...
Interview with Victor Saad, Vice President and Board Member, SABIS® When Tanios Saad and Louisa Proctor began a girl’s school in the Lebanese village of Choueifat in 1886, they could not have anticipated that they would lay down the cornerstone...
In a post 2008 financial crisis world, the global family business community has witnessed the emergence of a new trend in long-term investment opportunities: investments into other family business. Many of the big family business names across a variety...
When María Dolores left her native Mexico in the 1980s, she took with her a grand passion for Mexican cooking. Settling down with her Swiss husband, María Dolores was so shocked at what passed for Mexican food in Switzerland,...
Prof. Guido Corbetta was one of the first academics in Italy to start the conversation about the family business field. Immediately realizing the importance of basing academic research on relevant practical insights, AldAF, the Italian national association for family...