Issue 18, April 2013- Family Business Constitution

Issue 18, April 2013- Family Business Constitution
SME

From Startup to Game Changer – SME and the Challenges of Innovation

Many an SME enters its respective industry full of technique geared for bridging the gap. Applying this same sense of inventiveness has proven taxing in the latter phases of business development when facing off...

Biscuiterie Jules Destrooper: The Well-Kept Secret to a Family’s Success

Interview with Peter Destrooper, CEO of Jules Destrooper, Belgium It is commonly understood that behind every successful family business lies a secret that explains a family’s triumph. The biscuiterie Jules Destrooper has kept the secret...
almonds

On the Sweet Side of Family Business and The Importance of Almonds

Interview with Corsino Corsini, Chairman, Fiori Dolci Senesi, Italy A weakness for sweets is something most of us suffer from more or less ardently. There is an Italian family named Corsini, deeply embedded in the...
busatti

How Tradition Can Become a Competitive Advantage – Busatti

In order to return to the roots of the Busatti family’s origins in business we must travel over two centuries back in time. In 1796, between Tuscany and Umbria, the geographic centre of the...
Sella family business

The Indefatigable Efforts towards Innovation and Longevity

An Interview with Maurizio Sella, President of the Sella Banking Group, Italy Maurizio Sella is the President of Sella Banking Group, a family business 126 years in the making. Sella is also part of a...
constitutions

How Family Business Culture Impacts the Writing of a Family Constitution

Writing a family constitution is a demanding process under even the best of circumstances. Aside from a family business being required to recognise and agree to formulating such a document, the family will also...
charter

Family Business Charters – The Challenges and Legalities

"We do not inherit the Earth from our ancestors, we borrow it from our children." A family charter or a family protocol document, also known as the family constitution, encapsulates a set of principles which...

Taking the Family and the Business Forward – The Benefits of Corporate Governance

Interview with Slim Othmani, Chairman, NCA-Rouiba On a small piece of Algerian land in 1966, Salah Othmani and his father Mohamed-Saïd began building the foundation for what is today known as one of the country’s...

The Family Constitution – A Pillar of Harmony for Families in Business

Family harmony is a key ingredient in bringing about continuity in the family business. To preserve such harmony and good communication the business family is advised to start building a family constitution. Dr. Brahim...

A Guide to the Family Constitution – The Key Definitions and Bodies

Two things are certain: Firstly, maintaining harmony in the family is difficult and secondly, running a successful business demands much hard work and discipline. In family-owned firms, those two spheres come together and force...
collectivist

The Family Business in Collectivist Societies – Traits and Implications

The way a family business functions is greatly influenced by the structure of the society it originates from. A wide range of literature has recently attempted to emphasise that it is, therefore, not possible...

The Story of Plastifil – A Family’s Method for Fostering and Transferring Specialised Knowledge

Interview with Ugo Poggio, CEO of Plastifil, Switzerland In the South of Switzerland beyond the Alps, in the canton of Ticino lies the idyllic municipality Mendrisio. This quaint corner right next to Lugano, is the...