Issue 10, April 2011 – Family Business Diversification

Issue 10, April 2011 – Family Business Diversification

Articles

Social Impact

Social Responsibility of Family Business

Image source: Pixabay via Pexels The Social Responsibility of Family Businesses in the Arab World Sudden changes in social structures and shifts in economic systems are inextricably linked with each other and naturally have a direct...
2011-04-01-family-business-governance-pictet2

Pictet & Cie – A 200 Year Old Swiss Private Bank with all the...

Swiss private bank, Pictet & Cie was established over 200 years ago in 1805 in the heart of Geneva’s old town. Today, it is one of the largest private banks in Switzerland and one...
family-business-governance, reinventing

‘Yes!’ to Reinventing the Wheel

Why it is Important to Ask 'Why?' in the Family Business Once procedures and habits are established in an organisation, it is often difficult to make people believe that re-evaluating whole work processes can be...
family-business-governance-philanthropy

What Philanthropy Provides to Families in Business

Family business philanthropy, though widely practiced all over the world, is an area that is still unexplored and little commented on. The field is, however, fast evolving and has witnessed much innovation. Etienne Eichenberger,...
alobaidly- OITC

Family Business Interview with Mohammed Bin Ahmed Al Obaidly, OITC

Interview with Mohammed Bin Ahmed Al Obaidly, OITC OITC GROUP was founded by Ahmed Bin Mohammed Al Obaidly in 1978 in Qatar and is today a largely diversified family business with 25 subsidiaries to the...
4 Family Businesses with Diversified Global Activities

4 Family Businesses with Diversified Global Activities

Kuwait - Mohammed Al Kharafi Group Mohammed Abdulmohsin Al-Kharafi & sons Company (MAK Group) is a Kuwait based group with diverse activities worldwide. The group started as a trading company more than 100 years ago,...
Why Family Businesses Must Focus on Their Core Capabilities

Focus Beats Diversity: Why Family Businesses Must Identify Their Core Capabilities

Widely diversified family businesses are common in the GCC, often including units in more than ten unrelated industries under one holding structure. Although this may have been a viable growth strategy at one time,...
Challenges for Small and Medium Family Companies in the GCC

Challenges for GCC Small and Medium Family Companies

It is common wisdom that small and medium enterprises are an important driver of growth, development and diversification for countries in all stages of development. Despite the GCC region's strong entrepreneurial traditions and the...
soap

The Toukan Enterprise – The Business of Soap

Interview with Farouk Toukan - Chairman of the Toukan Enterprise The Palestinian city of Nablus has been known for a long time as a historical center of the soap industry. In this beautiful city, soap...

A Diversified Family Business – The Consolidated Contractors Company

Image Source: Pixabay via PexelsThe Consolidated Contractors Company (CCC) was founded in 1952. CCC is a heavily globally diversified company and it employs over 110,000 people (2010) encompassing over 60 nationalities in over 27...