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Universal Colors: How a Mother and her Daughters became Leaders in an Unlikely Industry
Universal Colors, a Peruvian family business manufacturing protective industrial and marine coatings, knows how to weather a storm. Its founder, Juana Antonia Espinoza Reyes, became cognizant of an opportunity in the marine coatings industry around the turn of the millennium. When her brothers, whom she had previously worked with in a family business setting, baulked at the opportunity, she decided...
Ruggero Piano – A Family Preserving the Gift of Music
The modern piano has entertained, inspired and enthralled the world for over 300 years. Pianos are uniquely versatile: from symphony auditoriums to living rooms across the globe, they accompany full orchestras, family life and everything in between. The piano's appeal is universal; this instrument is not limited by genre or generation, and it is often passed down as an...
Monkey Business Catering – a Family’s Non-Linear Road to Success
In 2001, the Thompsons were forced to sell their farm but remained resolute, driven to define success on their own terms.Amy Thompson and her family are no strangers to adversity. For almost a century, the Thompson family life revolved around the dairy farm. Like many small businesses in the agrarian...
Empire International
Pundit of the silver screen, Mario Haddad Sr, CEO of Empire International, has dedicated his life and career to bringing cinema to the Middle East. Since taking over his father's business in 1956, Haddad's zeal to share his passion for film with the Arab world has persisted despite economic and political turmoil. A testimony to his determination, Haddad built Lebanon's...


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The Future of Craftsmanship - Issue 42

The Future of Craftsmanship – Issue 42, May 2019

Craftsmanship, though hard to define, is immediately discernable. It is the intricate detail of a rare object fashioned with the type of intuitive...
Tharawat Magazine Issue 41

Marketing and the Family Business – Issue 41, February 2019

 Over the past few decades, the influence of transformative technology has radically changed the way businesses interface with consumers. Digital marketing is now so...
issue 40 Tharawat Magazine

Artificial Intelligence – Issue 40, November 2018

 The development of artificial intelligence has accelerated dramatically over the last decade, and the impact can be felt in all walks of life. Family...
Issue 39 Roles in the Family Business

Roles In The Family Business – Issue 39, August 2018

There are many subtle nuances to navigating the interactions between fathers, mothers, daughters, sons, siblings and cousins who are also the founders, inheritors, owners...
Tharawat Magazine Issue 38 - Big Data

Big Data & The Family Business – Issue 38, May 2018

Rarely has a technological innovation been so promising yet seemingly so difficult to understand as big data. Proponents of the technology envision a world...
Tharawat Magazine Issue 37

Family Business Culture – Issue 37, February 2018

Companies that emphasise a strong and consistent culture outperform those that don’t. But what are the ingredients that make up this ineffable sense of...
Tharawat Magazine Issue 36

Issue 36, November 2017 – 21st Century Leadership

In times of fast-paced change, we look to our leaders for vision, values, and confidence. The beginning of this 21st century has undoubtedly brought...
Issue 35, August 2017

Issue 35, August 2017 – The Pursuit of Happiness

What makes us happy? It is a question that has baffled philosophers, artists, academics, and probably every human being on earth throughout history....
Issue 34, May 2017 - Digital Strategies

Issue 34, May 2017 – Digital Strategies

Through the rapid development of digital technologies, business owners face a time of rapid change and of seemingly endless possibilities for reinvention. Clearly, the...
Issue 33, February 2017 - Environmental Business Models

Issue 33, February 2017 – Environmental Business Models

Welcome to the first issue of Tharawat Magazine in 2017, a year that promises to be full of unanticipated developments. As we navigate uncertain...
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...
Issue 31, August 2016 - The Journey to Growth

Issue 31, August 2016 – The Journey to Growth

In Issue 31 of Tharawat Magazine, The Journey to Growth, we focus on what it takes to grow in the context of a fast-moving...

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