Issue 28, November 2015 – Family Institutions

Issue 29, Feb 2016 – Emotional Intelligence and the Family Business

Every family business reaches the point where its informal way of communicating can become an obstacle to efficiency. Families might arrive at this stage due to a growing number of family members and generations getting involved in the business, the company expanding, or simply the wealth levels increasing. Our special feature is dedicated to the tools that will make your family business succeed in the long run: Family Institutions.

Articles

The Obegi Group is one of a few family businesses in the region that can call themselves centenarian. The four-hundred-year Ottoman Empire had entered its final age when the company of young entrepreneur Yordan Obegi, spread across the wilayats...
Interview with Anthony Chalhoub and Patrick Chalhoub, Co-CEOs of Chalhoub Group The Chalhoub Group values family, professionalism, and sustainability. As one of the leading luxury retailers in the Middle East, the family-owned company knows a fair bit about overcoming adversity....
Interview with Ceyda Carmikli, Nurol REIT, Turkey The Carmikli family has been in business for as long as they can all remember. Eyüp Sabri Carmikli instilled business acumen in his three children, Nurretin, Erol and Oguz, who grew up around...
ADVERTORIAL: Interview with Ammar A. Shata, Executive Director and Chief Executive Officer of Alkhabeer Capital The Islamic Waqf (endowment) structure is a leading form of charitable social activity that has been at the center of Islamic civilization throughout history. Although...
By Farida F. El Agamy, Attorney-at-Law, General Manager of Tharawat Family Business Forum Anyone who is part of a family business knows how addressing important issues, or collectively taking decisions can sometimes be a difficult process. Whether it is because...
There are as many solutions as there are family businesses when it comes to chosing the right family institutions. The following anonymous cases are based on interviews with various families, who kindly enough shared their family governance structures. Case 1...
Interview with Sanaa Abouzaid, MENA Corporate Governance Lead, International Finance Corporation (IFC) Family institutions are all very well in theory. We understand their benefits and importance in long-run business strategies, but when it comes to implementation, the challenges can seem...
Interview with Binoy Meghraj, Executive Vice Chairman of Meghraj Group Nearly one hundred years ago, Meghji Pethraj Shah left his homeland of India for East Africa, where he founded a modest retailing business that over decades transformed into an influential...
Interview with Nelson D. Dao, President of the Board of Supervisory Directors at Bancaribe Curacao Bank In 1926, N.D. Dao travelled from Lebanon to Venezuela to visit his family, especially his older sister Blanca. Upon arrival, Dao fell ill and had to...
Photo by Manuel Joseph from Pexels Interview with David Chang Co-Founding Partner, G9 China Private Office Secretary General, China Family Office Association China’s exponential economic growth in the past decades is rooted in an incredibly ambitious and active private sector. As...
Interview with Sunny Tan, CFO and Executive Director of Luen Thai Holdings Ltd. The Luen Thai Group celebrates its 50th birthday this year. The group’s Founder, Dr. Tan Siu Lin, was born into an entrepreneurial family in Quanzhou, China. He...
By Prof. Dennis T. Jaffe and Dr. James Grubman Every business family has a unique character. Yet, each family business springs forth from a cultural tradition that expresses the values, thinking, and behaviours of its homeland. Enterprises achieving success often...
Interview with Prof. Mattias Nordqvist, CeFEO, Jönköping International Business School, Sweden Located in the south of Sweden is the Centre for Family Enterprise and Ownership (CeFEO), one of the most prestigious family business research centres in the world. Established in...
By Judy Green, President, FFI While the topic of family business has recently received attention, just a few decades ago only a handful of organisations recognised the importance of multigenerational family-owned firms.The Family Firm Institute (FFI) was one of the...