Innovation in Family Firms – Balancing Tradition and Modernity
Innovation, the constant renewal of products, processes, and business models, is crucial for the long-term success of any company. Joseph Schumpeter, one of the pioneers of modern management and strategy, spoke in the early...
Communication in Family Businesses – Getting Your Brain in Gear
Failure to communicate can seriously damage a family business’ chances of survival. Often communication is only prioritised when conflict breaks out. This reactive attitude can allow the conflict to escalate out of control, and...
External Communication During the Aftermath of a Family Business IPO
Interview with Noor El Solh, Managing Director Strategy, Depa
Depa is the largest interior contracting company in the world. Amongst a range of capabilities, the company is tasked with transforming the concrete steel structures of...
Communication that Ensures Family Business Continuity
Building a family business is a delicate balancing act. Creating a legacy requires family members to firmly establish the values that the family business will stake its reputation on. The transfer of generational values...
Mediation as a Means of Communication in Family Business Disputes
Family businesses consist of two different worlds. The first sphere of influence is the family and usually involves personal relationships and emotions. The second world is the business, one that must honour a myriad...
The Age of Social Media – The Implications for Communication and Branding
The emergence of social media has enhanced our ability to communicate across long distances in an immediate manner. The repercussions of this advent upon the way organisations interact with their customers are undeniable. With...
SMEs and their Expanding Roles on the Road to Recovery
Representing a key contingent of the global economy, Small and Medium-sized Enterprises are garnering an increasing share of the world’s attention. The following analysis highlights the impact SME gains have in differing markets across...
The Upside of Staying Focused – MAPEI
In 1937 Rodolfo Squinzi founded a small company in Milano, Italy. Starting up with only three employees, his vision was to establish a company manufacturing interior and exterior paints and masonry repair products for...
Yemeni Family Businesses Focus on the Road Ahead
Interview with Ahmed Bazara, Vice Chairman of AMTC
Yemen’s Bazara family has been in business for over 150 years. Originally celebrated for its specialisation in the food industry, over the years the family has sharpened...
Complementary Dynamics of the Stock Market and the Family Business
Business families are often reluctant to consider listing even part of their companies as seemingly the requirements of the public market stand in contradiction to the family’s at times informal management style and the...