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Governance

May 1, 2004

Family business tend to perform better than their non-family counterparts, which may be why more and more wildly successful firms like Google are getting in a family way

John L Ward is the Wild Group Professor of Family Business at IMD (Switzerland) and Co-Director of the Center for Family Enterprises at Kellogg School of Management (USA). He serves on the boards of four family companies in Europe and the USA.

Family business tend to perform better than their non-family counterparts, which may be why more and more wildly successful firms like Google are getting in a family way

May 1, 2004

The biggest family businesses capitalise on their family ownership in their brand – a smart move, as family values have the edge in the era of corporate mistrust

Melanie Stern is section editor of Families in Business magazine

The biggest family businesses capitalise on their family ownership in their brand – a smart move, as family values have the edge in the era of corporate mistrust

When asked what the most successful and most recognised family businesses are, who comes to mind? Ford Motor? Rothschild? Johnson & Johnson?

May 1, 2004

Engaging with the media is no longer a choice for family businesses – it’s essential

Melanie Stern is section editor of Families in Business magazine

Engaging with the media is no longer a choice for family businesses – it's essential 

May 1, 2004

When PricewaterhouseCoopers launched its survey of Irish family businesses earlier this year it found the key threat to all family businesses was succession, and yet only 51% of Irish family bus­inesses have a formal succession plan in place. PwC’s Paul Hennessy and Dermot Reilly explain why

Paul Hennessy  is lead partner for Family Business Services at PricewaterhouseCoopers.
Dermot Reilly  is a partner at Pricewaterhouse­Coopers. For a full copy of the report visit www.pwc.com/ie/bws

When PricewaterhouseCoopers launched its survey of Irish family businesses earlier this year it found the key threat to all family businesses was succession, and yet only 51% of Irish family bus­inesses have a formal succession plan in place. PwC's Paul Hennessy and Dermot Reilly explain why

Ownership succession

May 1, 2004

Being an entrepreneur and running a family business can be lonely but women simply can’t afford to be unproductive, which is why so many of them excel at their task at hand

Terri Heggum-Allen is National Executive Director of the Canadian Association of Family Enterprise.

Being an entrepreneur and running a family business can be lonely but women simply can't afford to be unproductive, which is why so many of them excel at their task at hand

May 1, 2004

Succession is widely believed to be the central management issue in family business. The very idea of succession rests on the notion that a set of generic concepts underlies the planning process.

Gerald Watts is professor in entrepreneurship at University of Gloucestershire.  John Tucker is head of UK Family Business Services at Grant Thornton.

May 1, 2004

Antonio García (18) worked for Mr Garza in a laboratory preparing food supplements. Antonio was a committed, hardworking and loyal employee. Mr Garza (72) wanted to retire and have some time to enjoy life.

Antonio García (18) worked for Mr Garza in a laboratory preparing food supplements. Antonio was a committed, hardworking and loyal employee. Mr Garza (72) wanted to retire and have some time to enjoy life. He had no children and decided to sell the lab equipment to his faithful employee, Antonio (24). He also gave him the formulas of two of the products as a wedding present when Antonio married Dolores (20) that same year.

March 1, 2004

Though you wouldn’t guess it today, Rug Bug was just a small-town carpet cleaning company when Constance Brown (58) and her husband Bob (62) bought it from Bob’s father in the early 1970s. From that meager start, Rug Bug has become the largest cleaning and carpet restoration business in the region.

Though you wouldn't guess it today, Rug Bug was just a small-town carpet cleaning company when Constance Brown (58) and her husband Bob (62) bought it from Bob's father in the early 1970s. From that meager start, Rug Bug has become the largest cleaning and carpet restoration business in the region.

March 1, 2004

Cypriot-born Andreas Liveras made his fortune in England in the food business. But retirement left him wanting and so over the course of 20 years he built up one of the most successful yachting companies in the world. Liveras is currently building five splendid yachts aimed at the charter market.

Cypriot-born Andreas Liveras made his fortune in England in the food business. But retirement left him wanting and so over the course of 20 years he built up one of the most successful yachting companies in the world. Liveras is currently building five splendid yachts aimed at the charter market.

Monday
The hotel staff at Athens Airport wake me at 4.30am. By 5.45am I am sitting in my seat on Alitalia: destination Nice via Rome. I arrive at 10.30am and am driven to my office in Monaco by my secretary.

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